The Asia-Pacific electronic camera stabilizer market is expected to grow from US$ 182.0 Mn in 2019 to US$ 386.1 Mn by 2027; it is estimated to grow at a CAGR of 10.0% from 2020 to 2027.APAC countries comprise significant youth population, who are more interested in adopting technologically advanced and innovative smartphones and cameras, among others. They are more interested in making vlogs, documentaries, and short movies, as well as are more inclined toward pursuing career in photography and videography. Smartphone, camera, and associated peripheral device manufacturers have tremendous opportunities to boost their revenue by meeting the newly rising requirements for these products in Asia Pacific countries.
The handheld segment led the electronic camera stabilizer market based on type in 2019. Handheld camera stabilizers are light in weight and easy to carry, and these characteristics propel their use in filmmaking and action sports shooting, which boosts the demand for this type in Asia-Pacific countries.
The overall Asia-Pacific electronic camera stabilizer market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining overview and forecast for the Asia-Pacific electronic camera stabilizer market with respects to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who typically take part in this process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Asia-Pacific electronic camera stabilizer market. Gudsen Technology Co., Ltd.; NINGBO EIMAGE STUDIO EQUIPMENT CO., LTD.; SZ DJI Technology Co., Ltd.; Tilta Technology Co., Ltd.; and Zhiyun among a few players operating in the Asia-Pacific electronic camera stabilizer market.