Global digital broadcast and cinematography cameras market forecast to increase by 1.5% during 2013 to 2018
Global Digital Broadcast and Cinematography Cameras Market 2014-2018 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-04-11 09:06:04
The Global Digital Broadcast and Cinematography Cameras market is forecast to grow at a CAGR of 1.51 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing use of 2k and 4k cameras in digital movies. The Global Digital Broadcast and Cinematography Cameras market has also been witnessing the increasing demand for cameras from the emerging economies. However, the rapid decline in camera prices could pose a challenge to the growth of this market.
Key vendors dominating this space are Arnold & Richter Cine Technik GmbH & Co., Betriebs KG, Grass Valley USA LLC, Panasonic Corp., Red.com Inc., and Sony Corp.
Other vendors mentioned in the report are Aaton Digital SA, AbelCine Inc., Blackmagic Design Pty. Ltd., Canon Inc., CineForm Inc., Hitachi Ltd., Ikonoskop Holdings, Moviecam F.G., Nikon Inc., Panavision Inc., Silicon Imaging Inc., Teledyne DALSA, Victory Company of Japan Ltd., Vision Research Inc., Weisscam GmbH, Woodman Labs Inc., and Zhuo Yao (Beijing) Technology Co. Ltd.
The following companies represent the key players in Global Digital Broadcast and Cinematography Cameras Market: Arnold & Richter Cine Technik GmbH & Co., Betriebs KG, Grass Valley USA LLC, Panasonic Corp., Red.com Inc., and Sony Corp.
The Global Digital Broadcast and Cinematography Cameras market is expected to witness a modest growth rate during the forecast period due to the increasing demand for cameras from Latin America, South Africa, Russia, and some countries in the APAC region. The Digital Broadcast and Cinematography Cameras market in these regions is growing as it is still in its nascent phase. The high demand for digital broadcast and cinematography cameras from these regions is increasing with the demand for more HD channels, the rise in digital cinema screens, and the demand for better and new TV and movie content.
The Global Digital Broadcast and Cinematography Cameras market has several drivers contributing to its growth, one being the increasing use of 2K and 4K cameras in digital movies. The use of cameras having 2K and 4K resolution ensures that the quality of the digital movie remains the same even after repeated viewing of the content. Therefore, consistency in the quality delivery of the movie is maintained.
Further, one of the challenges hindering the growth of the market is the rapid decline in camera prices. Increasing price competition among vendors and the high demand for technologically advanced products at low prices is reducing the price of digital broadcast and cinematography cameras.
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