Published Date: 28-Feb-2023
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According to a new report, published by KBV research, The Global Mobile Gimbal Market size is expected to reach $716.1 Million by 2028, rising at a market growth of 6.1% CAGR during the forecast period.
The Bluetooth Enabled segment is showcasing a CAGR of 6.3% during (2022 - 2028). The gimbal makes it simple to shoot photos and film videos by connecting to the phone through Bluetooth. Today, several manufacturers provide products that may be used as a portable camera or a selfie stick to take pictures and movies while on the go. In addition, the tool may also be used as a tripod to take still images and videos. This has caused the market in this niche to grow.
The Low/Economic Range segment is generating highest revenue share in the Global Mobile Gimbal Market by Price Point in 2021 thereby, achieving a market value of $268.7 million by 2028. As a result, the mobile gimbals in this market sector are anticipated to have excellent development prospects, particularly in emerging nations like China, India, and Brazil. These emerging countries are distinguished by increased content producers and vloggers, quick urbanization, and increased disposable income. In addition, the tendency of content production among young people in emerging countries will also help the mobile gimbal business thrive.
The 3-axis Stabilization segment has shown the growth rate a CAGR of 7.8% during (2022 - 2028). This is a result of continuing upgrades to the aircraft fleet and large expenditures in unmanned aerial systems (UAS) and uncrewed aerial vehicles (UAVs) (UAS). In addition, every military camera drone used for filming or photography needs a three-axis gimbal. A three-axis gimbal stabilizes the camera and prevents bumps. All three axes control smooth movement (roll, pitch, and yaw).
The Offline segment is generating highest revenue share in the Global Mobile Gimbal Market by Distribution Channel 2021 thereby, achieving a market value of $439.1 million by 2028. Numerous retailers of mobile accessories provide a broad selection of mobile gimbals at various costs and brands. Since these shops are often simple to find in local marketplaces, the sale of mobile gimbals is increasing, further driving the market development in this niche.
The North America market dominated the Global Mobile Gimbal Market by Region 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $249.1 million by 2028. The Europe market is exhibiting a CAGR of 5.7% during (2022 - 2028). Additionally, The Asia Pacific market would showcase a CAGR of 6.9% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/mobile-gimbal-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of SZ DJI Technology Co., Ltd. (iFlight Technology Company Limited), Guilin Zhishen Information Technology Co., Ltd., EVO Gimbals, Feiyu Technology Incorporated Co., Ltd, Zhongshan Kingjoy Photographic Equipment Co., Ltd., Gudsen Technology Co., Ltd., Movo Photo Group LLC, Snoppa Technology Co., Ltd., Hohem Technology Co., Ltd., and SHAPE wlb Inc.
By Price Point
By Stabilization Type
By Distribution Channel
Unique Offerings from KBV Research
North America Mobile Gimbal Market size & Opportunities 2022-2028
Europe Mobile Gimbal Market & Growth Forecast 2022-2028
Asia Pacific Mobile Gimbal Market Share & Industry Outlook to 2028
LAMEA Mobile Gimbal Market Growth, Trends & Forecasts 2022-2028