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Futuresource Professional Camcorders Qtr Track

Date Published:

Current Market Trends

Global pro camcorder market volume was down 27% in Q1 2022 vs Q4 2021, to achieve a total of 40,400 units. According to camcorder brands, the primary cause of this quarterly decrease was driven by supply chain constraints, with component supply shortages and shipping industry disruption continuing to fuel turbulence.

This drop comes despite sustained high demand from end users, both in traditional verticals such as broadcast media and entertainment, and non-traditional verticals such as education and corporate. As a result, most manufacturers struggle to satisfy demand, and back orders continue to accumulate.

Futuresource forecasts mid-term growth for the global pro camcorder market, as supply chain issues are gradually overcome. Annual sell-in is expected to peak in 2024 as the resolution of supply chain issues coincides with the first wave of replacement demand that follows from the expansion of the addressable market.

In the longer term, the market is expected to remain buoyant across the forecast period, out to 2026.

 

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