Los Angeles, January 6, 2020 -In a recently published research report titled, “Global Digital Cinema Lens Market Professional Survey Report 2019” by QY Research, researchers have presented an in-depth analysis of the global digital cinema lens market. According to the report, the global digital cinema lens market was valued at US$714.85 mn in 2018 and will reach US$1118.23 mn by the end of 2025, rising at a CAGR of 6.56% during 2019-2025.
Get PDF sample copy of the report at:https://www.qyresearch.com/sample-form/form/1419845/global-digital-cinema-lens-market
Thriving Filmmaking and Video Production Industry to Drive Market
Over the years, entertainment industry has grown leaps and bounds, which, in turn, has attributed to the rise of cinema and video production segment. The strong growth of these two segments has lead to the augmented demand for high quality and continuous motion recording digital cinema lens. These lenses are often preferred in filmmaking, video production, and ad-making as they offer better light and aperture control, excellent photo and video quality, and focus and internal zoom control. Additionally, these lenses are durable and can withstand harsh conditions due to their all-metal body.
However, despite the various factors driving its growth, factors like limited application of lenses and high cost might hamper the growth of the market.
Professional Users to Increase Due Rising Inclination towards Photography as a Hobby
The expanding filmmaking industry and increasing interest of many in photography for recreational purposes are expected to fuel demand for digital cinema lens. Furthermore, growing demand for video making worldwide is also expected to boost the market.
Rising Filmmaking Industry to Lead Growth in Asia Pacific
Asia Pacific is expected to grow rapidly owing to the budding filmmaking industry in emerging economies. Large number of audiences in countries including China, India, Korea, and Japan are projected to encourage the entertainment industry, which will indirectly drive the digital cinema lens market. North America is also expected to observe strong growth owing to the rising cinema and demand for better and more advanced cameras.
Manufacturers to Introduce Advance Long-zoom Field Lenses to Strengthen Position
Canon Inc. recently announced the launch of a long-zoom field lens, the UHD-DIGISUPER 51 (SP51x15.5B), and a portable zoom lens, the 7x10.7 KAS S. These two new zoom lenses are first two 8K Broadcast lenses and are compatible with 8K broadcast cameras equipped with 1.25-inch sensors. Its 8K broadcasting equipment is expected to provide new frontiers to covering sporting events and documentary productions around the globe. Through this the company is focusing on increasing their brand position on the latest ultra-high resolution digital imaging solutions.
The top companies covered in the market includes Zeiss, Fujifilm (Fujinon), Cooke Optics Limited, Angenieux, ARRI, Leica, Samyang, TOKINA, Schneider, and others.
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