As per the newest market research analysis by Technavio, the global gyro cameras market is likely to grow at a CAGR of around 31% during the estimated period 2017 to 2021.
This study by Technavio offers a detailed analysis of the global gyro cameras market in terms of revenue and developing market trends. The report also comprises of a latest breakdown and predictions for various market segments and all geographical regions.
Technavio research analysts categorize the market based on the commercial applications
The top three revenue-generating commercial applications segments are deliberated below:
Global gyro camera market by media and entertainment: The extensive use of gyro cameras for photography and entertainment will fuel the demand for these products in the media and entertainment sector. These cameras are a perfect fit for broadcasting companies that are coming up with new ways to enhance the coverage of various events, especially sports events and wildlife. Several other companies in this segment are adopting the latest technologies to improve movies, TV series, games, and advertisements.
“The gyro cameras are primarily used for filming and aerial photography in this market segment and will have the largest application in the sector during the forecast period. These devices are used to take photos, shoot videos, and films from all possible angles that would otherwise require multiple cameras. These cameras are also being used in Hollywood to shoot feature films,” says Ujjwal Doshi, a lead analyst at Technavio for research on media and entertainment services.
Global gyro camera market by disaster management: The growing use of drones equipped with gyro cameras that are used for the collection of information regarding natural or human-made disasters will drive the growth in this market segment. The vendors are launching advanced drone gyro cameras equipped with thermal sensors and motion sensors, which are efficiently used during search and rescue missions. Moreover, the data collected from these advanced equipment helps disaster management teams to organize search and rescue missions.
Global gyro camera market by security and surveillance: The manufacturers in the market are using technological advances to provide gyro camera-enabled surveillance and security systems. These devices are enabled with night vision sensors that aid the security or military personnel during surveillance operations. The vendors are launching innovative devices with enhanced features like 4K video resolution and ultrasound-based navigation technology.
The key players operating in the global gyro cameras market are:
- Cheerson Hobby
- DJI
- GoPro
- Gyro-Stabilized Systems
- Parrot
The other prominent vendors in the market include Walkera, Yuneec International, Leptron, PrecisionHawk, Trimble, Airdog, Delair-Tech, Hexo+, Hobbico, SYMA Toys, and UDIRC.
An itemized analysis is accessible in the Technavio report titled, ‘Global Gyro Cameras Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Network Camera Market 2017-2021
- Global Underwater Camera Market 2017-2021
- Global Digital Camera Market 2016-2020
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