Gimbal Market Set for a Remarkable CAGR of 5.6% in the Coming Years

A gimbal is a device used to stabilize cameras, drones, or other equipment to capture smooth and shake-free footage or images.

Gimbal Overview of the Market:

The extensive Gimbal Market research offers a thorough examination of the competitive environment, including market share information and company profiles of significant international rivals. The study examines the Gimbal Market and the variables influencing the growth of the industry in various geographical areas. The global Gimbal market was valued at USD 14.21 billion in 2022 and is expected to grow to USD 20.32 billion by 2029, at a CAGR of 5.2% during the forecast period 2023-2029.

Market Scope:

Following market engineering—which comprised data triangulation, forecasts, market breakdowns, and statistics computations—in-depth primary research was carried out to collect, confirm, and validate critical data. Various data triangulation techniques were used in a combination of top-down and bottom-up approaches to estimate and forecast the market for both overall market segments and sub-segments. A thorough qualitative and quantitative analysis of all the data gathered during the market engineering process is included in the report.

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Global Gimbal Market Segment Analysis

Product Type: Handheld, wearable, and vehicle-mounted gimbals comprise the gimbal market. Handheld gimbals are the most popular among consumers and professionals for smooth camera footage. They enable mobile shot stabilisation. Athletes and action camera users who want stable footage during activities prefer wearable gimbals. Cinematography and aerial videography use vehicle-mounted gimbals to capture smooth footage while moving.

End-user: Consumers, professionals, and businesses segment the gimbal market. Gimbals are mostly used by consumers to record videos, vlog, and post to social media. Gimbals help filmmakers, videographers, and photographers stabilise and move their cameras smoothly. Marketing, training, product demos, and other commercial applications that require high-quality video content use gimbals.

by Product Type

Handheld gimbals
Wearable gimbals
Vehicle-mounted gimbals

by Price Range

Low-cost gimbals
Mid-range gimbals
High-cost gimbals

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Gimbal Industrt Key Players:

The report details the Strategies adopted by the following key companies to sustain and grow in the market. These Gimbal Manufacturers covered in the report are selected on the basis of certain criteria.

1. DJI (Shenzhen, China)
2. Zhiyun (Shenzhen, China)
3. FeiyuTech (Shenzhen, China)
4. Moza (Shenzhen, China)
5. Freefly (San Francisco, CA, USA)
6. Rollei (Berlin, Germany)
7. Insta360 (Beijing, China)
8. EVO (Beijing, China)
9. Weebill (Shenzhen, China)
10. Smooth 4 (Shenzhen, China)
11. Drone Mobile (Los Angeles, CA, USA)
12. Omega (New York, NY, USA)
13. Camvate (Shenzhen, China)
14. GimbalPro (Shenzhen, China)
15. Syrp (Sydney, Australia)

Geographical Evaluation:

A regional overview addressing specific market influencers, modifications to market regulations impacting present and future trends, and an analysis of present and projected trends to assess overall market potential are all included in the Gimbal market analysis. A thorough grasp of the market landscape is made possible by the evaluation of geographic markets, which is based on the current environment and anticipated trends.

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