What is Camera Technology Market?
Camera technology is escalating primarily due to the developments in the technical field of digital camera systems. Manufacturers of the camera are broadly having the focus on advancements as well as innovations in the camera technologies. These advancements and innovations are carried out to expand the use of cameras in industrial domains such as consumer electronics, media & entertainment, and robotics. The advanced camera technology offers several advantages such as higher resolution, higher speed, realistic videos & pictures, and better quality of image, among others. These features assist the end users to gain additional effects from the environment. Based on the component, the market has been classified into microcontrollers & microprocessors, sensors, integrated circuits, and others.
The market study is being classified, by Application (Consumer Electronics, Robotics and Gaming, Media and Entertainment, Automotive, Healthcare, Defense & Aerospace and Industrial) and major geographies with country level break-up. According to AMA, the Global Camera Technology market is expected to see growth rate of 18.5%
Axis Communications AB (Sweden), Bosch Security Systems, INC. (United States), Flir Systems, INC. (United States), Infineon Technologies Ag (Germany), Nikon Corporation (Japan), Occipital INC. (United States), Panasonic Corporation (Japan), Pelco by Schneider Electric (United States), Primesense LTD. (Israel), Red Digital Cinema Camera Company (United States), Softkinetic (Belgium) and Sony Corporation (Japan) are some of the key players profiled in the study.
Research Analyst at AMA predicts that United States, Japanese Vendors will contribute to the maximum growth of Global Camera Technology market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Camera Technology market by Type, Application and Region.
On the basis of geography, the market of Camera Technology has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- 3D Sensors Are Driving the New Camera Technology Revolution
- Increased Demand from the Automobile Market
- The Media and Entertainment Industry Demands High-Resolution Camera Technologies
- The Need for Security and Surveillance Cameras
- The Rising Popularity of Mirrorless Camera Technology among the Professionals
- Fewer Launches, But Better Products
- Better Video through Software
- Heavy Maintenance and High Cost of Camera Technologies
- The 4k Technology Requires More Bandwidth
- 3D Motion Detection for Indoor Navigation in Camera Technology
- The Growing Need For Technological Advancements in the Storage and Sensor Throughputs of the Cameras
- The Requirement of Image Fusion for Enhanced Image Quality
- Challenges Faced by the 3D Depth Sensing Technology
- Bandwidth Limitation in the Infrared Thermal Camera Technology
Market Leaders and some development strategies
On 7 Feb 2019, LG Electronics and Infineon Technologies AG have teamed up to introduce leading-edge Time-of-Flight (ToF) technology to smartphone selfie photo lover’s world over. Infineon’s REAL3 image sensor chip will play a key role in the front-facing camera of the upcoming LG G8 ThinQ.
On 23 Aug 2018, Nikon Corporation announced the release of the full-frame, Nikon FX-format mirrorless cameras Nikon Z 7 and Nikon Z 6, as well as NIKKOR Z lenses, featuring a new, larger-diameter mount. The Z 7 and Z 6 are equipped with new backside illumination, Nikon FX-format CMOS sensor with focal-plane phase-detection AF pixels, and the latest image-processing engine, EXPEED 6. and On 29 Oct 2018, Occipital, a leading camera technology company has unveiled Structure Core, a depth-sensing camera. The first in-house depth-sensing camera from Boulder, Colorado-based Occipital, aims to be a self-contained component that could let researchers or creators build their own solutions fast.
Key Target AudienceCamera Manufacturers, Camera Technology Providers, Technology Investors, Research & Consulting Firms, Distributors, Importer/Exporter, Regulatory & Government Bodies, End Users and Others