The Global Speedlight Flashes Market size is expected to grow from USD 7.06 Billion in 2020 to USD 12.83 Billion by 2028, at a CAGR of 10.8% during the forecast period from 2021-2028. The high growth can be attributed to the increasing use of Speedlight in photography and video production due to their versatility and convenience, along with growing inclination towards personalization among consumers worldwide as well as increased spending power for lower-income segments across developing countries such as India and China.
Speedlight Flashes are light sources used in photography, which is commonly called a strobe or Speedlite. These types of flashlights can be either mounted on the camera's hot shoe (external) or connected to it by an electrical cord (internal). The capacity of these devices varies from manufacturer to manufacturer and model to model. In Nikon cameras, for example, only one external flash may be attached at any time.
On the basis of Types, the market is segmented into Internal Flash, External Flash, and Others.
The internal flash is a type of electronic flash unit that produces light from built-in LEDs. Internal flashes are used for macro photography and portrait work when the ambient lighting has to be controlled, or where it cannot be excluded altogether (e.g., in an outdoor setting).
An external flash is a device that can be mounted on the camera to provide additional illumination. The light from an external flash is not emitted from the camera and thus does not affect the quality of images taken by it, unlike built-in flashes which are used for this purpose.
External flashes typically use incandescent bulbs or xenon tubes as their light source, while some models also have LED lamps. External flashlight modes: There are three main functions in an external off: -flash mode; fill lights mode; wireless control mode.
On the basis of Application, the market is segmented into Online Stores, Camera Stores, and Others. The Online Store segment leads due to its wider usage across multiple industries. The use of flashlights as a security device for taking photographs inside buildings or at night-time also boosts demand for this product type.
The Others application segment is gradually gaining prominence with increasing emergence in industries such as TV production & photography studios which require constant illumination levels during long shoots.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North American market is expected to witness substantial growth and is anticipated to be the fastest-growing market, owing to a large number of digital cameras.
The Asia Pacific has been identified as the most attractive opportunity among all regions across the globe with high potentials for future investments. Emerging economies such as India are witnessing impressive adoption rates for this technology which augurs well from an investment perspective.
Up Market Research published a new report titled “Speedlight Flashes Market research report which is segmented by Types (Internal Flash, External Flash, Others), By Applications (Online Store, Camera Store, Others), By Players/Companies Canon, Nikon, Sony, Fujifilm, YONGNUO, Olympus, Metz, Panasonic, Nissin, ProMaster, Pentax, Phottix, SUNPAK”.
Report Attributes | Report Details |
Report Title | Speedlight Flashes Market Research Report |
By Type | Internal Flash, External Flash, Others |
By Application | Online Store, Camera Store, Others |
By Companies | Canon, Nikon, Sony, Fujifilm, YONGNUO, Olympus, Metz, Panasonic, Nissin, ProMaster, Pentax, Phottix, SUNPAK |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 222 |
Number of Tables & Figures | 156 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Internal Flash, External Flash, Others and By Application Online Store, Camera Store, Others.
Some of the companies that are profiled in this report are:
Speedlight Flashes Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Speedlight Flashes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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