Ken Research has recently announced latest publication, “GLOBAL ACTION CAMERAS INDUSTRY SITUATION AND PROSPECTS RESEARCH REPORT 2017” which aims at provides in-depth market analysis, information and insights into the Action camera industry. It describes Action camera industry's growth prospects by segment and category and outlines a comprehensive overview of the global and local demographics. It further provides the detailed competitive setting, distribution channels and regulatory policies in the Action camera industry.
Action cameras are expert camera devices that are used to capture sports, adventures, or kinds of activities normally featuring high-paced events. These cameras, unlike normal cameras, are simple, strong, and can be mounted on helmets, car dashboards, cycles, or can be worn on the body for capturing astounding real-life videos or images. The small size and excellent ‘point of view’ feature of action cameras has made them immensely popular among sports fanatic and casual users who wish to capture their adventures and contribute to social media stand. Apart from being easy to maneuver and small, action cameras also come in handy when working in unpredictable conditions, acute weathers, and submerged expedition owing to their waterproof nature and specialized design.
The global action camera market is predicted to grow at a CAGR 22% during the period 2016-2020. One of the major drivers influencing the growth of the market of Action camera is the trend of social media and adventure sporte togeeth rin which people usuall like to upload their experiences of adventure with their friends and families. The other factor is te durability and the strength of these cameras that can withstand te acute weather and extreme conditions and are pretty tough for erratic wethers. Therefore it also helps I the analysis in the the action sports such as surfing and skiing in which the possible pitfalls can be covered and the the solution can be derived for the problem. The action cameras also deliver hogh quality and high resolution image and now with the increased nuber of players in the market it is now quite easy for the normal people to access action cameras at a very competitive rate.
The key players in the Action camera industry are Gopro, SONY, iON, Contour, Polaroid, Garmin, Drift Innovation, Panasonic, SJCAM, Amkov, Veho, Chilli Technology, Decathlon, Braun, Rollei, JVC Kenwood, Toshiba, HTC, Kodak, Casio, RIOCH, XIAOMI and Ordro.
Therefore the growth in Action camera industries is due to the ease of avilabilty and also the new players in the market of action cameras. The other important reason for such growth is the new trend of social media and adventure sports that the normal population loves to share theor adrenaline moments with their friends thus making it handy for them.
For more coverage click on the link below:
Head Marketing & Communications