What is Ultra HD Action Camera Market?
Ultra HD action camera is a digital camera designed for recording action while being immersed in it. These ultra HD action cameras capture crisp, clear images in rich color. These cameras are portable, mountable digital cameras used for recording impressive physical activities while performing them. The factors such as Increased Disposable Income of the People and Increasing Number of Online Customers are driving the global Ultra HD Action Camera market. The high Cost of the Ultra HD Action Camera may restrain the growth of the market.
The market study is being classified by Type (8 Megapixels, 12 Megapixels, 16 Megapixels, 21 Megapixels and others), by Application (Commercial Use and Personal Use) and major geographies with country level break-up.
Casio Computer Co. Ltd. (Japan), Eastman Kodak Co. (United States), Garmin International Inc. (United States), GoPro Inc. (United States), JVC Kenwood Holdings Inc. (Japan), Panasonic Corp. (Japan), PLR IP Holdings LLC (United States), Sony Corp. (Japan), TomTom NV (Netherlands) and Xiaomi Corp. (China) are some of the key players profiled in the study.
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Ultra HD Action Camera market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Ultra HD Action Camera market by Type, Application and Region.
On the basis of geography, the market of Ultra HD Action Camera 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.
Market Drivers
- Increased Disposable Income of the People
- Increasing Number of Online Customers
Market Trend
- Robust Increase in the Distribution Channels
- Increased Penetration of the Internet
Restraints
- High Cost of the Ultra HD Action Camera
Opportunities
- Growth in the E-Commerce Industry
- Increasing Demand from End-users
Challenges
- Technological Complexities Associated with Ultra HD Action Camera
Recently, Casio a popular Japanese multinational consumer electronics and commercial electronics manufacturing company has announced a new series of an action cameras in the G'z EYE series. Dubbed as GZE-1 EYE this action camera comes with a shock-resistant, waterproof, dustproof and low-temperature resistant body.
Key Target Audience
Ultra HD Action Camera Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies and End-users