What is Handheld Gimbal - Global Market?
The Handheld Gimbal - Global Market is a fascinating and rapidly evolving sector. A handheld gimbal is a pivoted support that allows the rotation of an object about a single axis. They are used extensively in photography and videography to stabilize cameras, reducing the impact of hand shake or vibration. The global market for these devices was valued at a substantial US$ 171.9 million in 2022. The market is projected to grow at a steady pace, reaching an estimated value of US$ 220.8 million by 2029. This represents a compound annual growth rate (CAGR) of 3.6% during the forecast period from 2023 to 2029.
2-Axis Handheld Gimbal, 3-Axis Handheld Gimbal, Other in the Handheld Gimbal - Global Market:
The Handheld Gimbal - Global Market is segmented into 2-Axis Handheld Gimbal, 3-Axis Handheld Gimbal, and others. The 2-Axis Handheld Gimbal offers pitch and roll stabilization, making it ideal for basic video shooting. The 3-Axis Handheld Gimbal, on the other hand, provides pitch, roll, and yaw stabilization, offering a higher level of control and precision. This makes it a preferred choice for professional videographers and photographers. The 'Other' category includes specialized gimbals designed for specific applications or devices.
Mobile Phone, SLR Camera, Other in the Handheld Gimbal - Global Market:
Handheld gimbals have found widespread use in various areas. Mobile phones, with their ever-improving camera capabilities, have become a popular platform for handheld gimbals. These devices allow users to capture smooth, professional-grade videos with their smartphones. SLR cameras, known for their superior image quality and versatility, also benefit greatly from handheld gimbals. These devices help photographers and videographers eliminate camera shake, resulting in sharper images and smoother videos. The 'Other' category includes various other applications of handheld gimbals, such as in drones, action cameras, and more.
Handheld Gimbal - Global Market Outlook:
In terms of the global market outlook for Handheld Gimbal, it's important to note that the market was valued at US$ 171.9 million in 2022. The market is expected to grow steadily, reaching an estimated value of US$ 220.8 million by 2029. This represents a compound annual growth rate (CAGR) of 3.6% during the forecast period from 2023 to 2029. China is the largest production region for handheld gimbals, accounting for about 55% of the total market. North America follows with about 20% of the market. This data indicates a significant potential for growth in the handheld gimbal market, driven by advancements in technology and increasing demand from various sectors.
| Report Metric | Details |
| Report Name | Handheld Gimbal - Market |
| Forecasted market size in 2029 | US$ 220.8 million |
| CAGR | 3.6% |
| Forecasted years | 2023 - 2029 |
| Global Handheld Gimbal market, by region: |
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| Global Handheld Gimbal market, Segment by Type: |
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| Global Handheld Gimbal market, by Application |
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| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
