Capture and Production Equipment Market Size By Product (Surveillance Cameras, Video Production Cameras, Video Conferencing Cameras, and Others), End-User (Corporates, Large Venues & Events, Educational Institutions, Government & Military, Studio & Broadcasting, Hospitality, and Others), and Region - Market Share, Trend Analysis, Competitive Intelligence, Historical Data, and Forecast 2023 - 2032

Market Perspective

Capture and Production Equipment Market size was worth around USD 31.43 billion in 2022 and is anticipated to grow to around USD 45.57 billion by 2032 at a CAGR of around 4.2% between 2023 and 2032. Capture and production equipment refers to devices that capture and produce images, audio, or other forms of data. This includes microphones, lighting fixtures, tripods, gimbals, and various cameras for surveillance, video production, and conferencing. The recording and production device is extremely versatile and can be used in a variety of environments by easily switching from still images to pre-recorded videos.

These devices are also durable, lightweight, and portable, with improved image stabilization and sound pickup. Growing demand for conference cameras and 3D projectors for external and internal communication in the office boosts the growth of the global market. The increasing number of live events, increasing use of devices in workplace surveillance, and widespread adoption of devices in educational institutions are some of the key factors driving the capture and production equipment market share.

The recording and production device is extremely versatile and can be used in a variety of environments by easily switching from still images to pre-recorded videos. The deployment of various technologies for monitoring employee email, internet usage, GPS, and employee ID cards boost propels the growth of the global capture and production equipment market. The installation of surveillance camera devices is primarily driven by the need for cross-border videoconferencing and surveillance activities of multinational corporations and conglomerates.

The emergence of live video solutions offers greater scalability, and quality and which is set to revolutionize the market growth. Also, the emergence of new technologies, rapid development in emerging markets, adoption of sustainable strategies, and changing consumer preferences are some of the major factors contributing to the capture and production equipment market growth. With increasing efforts to facilitate digitization, various providers are changing their business models to appeal to the largest segments of consumers. The introduction of innovative technologies such as machine learning, artificial intelligence, facial recognition, and rapidly developing connectivity services increase the need for advanced equipment in the global market.

The development of IoT technology leads to the introduction of video analytics and advanced cameras. The provider uses IoT technology to apply machine learning algorithms to video feeds, enabling automatic identification of people, things, and situations. Technological advances and the growing need for professional services such as urban surveillance, video production, and national broadcasting contribute to the revenue of the global capture and production equipment market. 

Key Insights

• Based on the product, the surveillance cameras segment held the largest market share in 2022
• Based on end-user, the government & military segment generated the highest revenue in 2022
• On the basis of region, Asia Pacific accounted largest market share in 2022

Rising Number of Live Events to Drive Market Growth

As the number of live events such as exhibitions, conferences, and seminars is increasing worldwide, these cameras are being used as presentation tools for responsive marketing, interaction, knowledge sharing, and collaboration between businesses and consumers. The increase in conferences, workshops, and seminars also contributes to the capture and production equipment sales. Various universities, scientific institutes, and other educational institutions are also increasing their investment in seminars and conferences to educate end-users on specific topics, scientific developments, and specific trending topics, thereby tapping into the global market. The increased use of surveillance cameras and professional video production cameras at these events enables vendors to capture a larger global market for recording and production equipment over the forecast period.

According to the statistics, the revenue from ticket sales for live music events is expected to exceed USD 31 billion globally. Along with this, the sports events were expected to produce slightly greater revenues, reaching USD 34 billion, which has expanded the demand for surveillance cameras for such events, thereby accelerating the capture and production equipment market revenue. Additionally, the widespread use of devices within corporate premises to monitor workplaces and track employee activities such as emails, internet usage, and ID cards has fuelled the growth of the market. Moreover, the increasing adoption of the device as a presentation tool for interactive, responsive marketing, knowledge sharing, videoconferencing, and business-consumer collaboration is acting as another growth factor.

The Emergence of Video Analytics and Advanced Cameras Provides Opportunities in the Market

The growing number of installations of surveillance cameras with advanced capabilities is fuelling the capture and production equipment market value. The rapid advancement in video analytics and advanced camera technologies is allowing organizations to implement effective employee tracking activities. The emergence of these advanced devices is primarily driven by the need for video conferencing and monitoring activities that shatter international boundaries for multinational companies and conglomerates. The growing need for conferencing cameras and 3D projectors across offices for external and internal communications augments the growth of the global market.

The introduction of live video solutions that offer better scalability, quality, and interactivity than other web-conferencing tools revolutionize the global capture and production equipment market during the forecast period. The variety of benefits of video analytics such as optimization of operations, enhancement of public safety, increase in employee productivity, and improvement in maintenance revolutionize the global capture and production equipment market.

Concerns Related to Equipment Failure Restricts the Market Growth

The proliferating demand for capture and production equipment in the global market is expected to grow due to advancements in technology and increasing demand for professional services such as city surveillance, video production, and broadcasting. However, equipment failure is a concern that could restrict the growth of the market by causing higher repair costs, production downtime, and potential health and safety implications for workers, ultimately impacting the delivery of services. To combat equipment failure and resulting downtime, a thorough understanding of machine failures and their mechanisms are necessary, including analyzing causes and consequences and implementing appropriate mitigation strategies. Such strategies can help to promote the growth of the market.

Recent Development

April 2023: Cognex Corporation released the In-Sight 3800 Vision System which is designed for high-speed production lines, the In-Sight 3800 offers a comprehensive set of visual tools, powerful imaging capabilities, and flexible software to provide a fully integrated solution for a wide range of inspection applications. This new system is built with a complete set of visual tools that include artificial intelligence (AI)-based edge learning technology and traditional rule-based algorithms.

February 2022: Canon launched the EOS R5 C, the latest addition to the company's video production equipment Cinema EOS system. This camera is designed for users who require high performance for both video and still image capture which is built-in 8K RAW video recording in a compact and lightweight body of about 680g.

Segmentation Analysis

Based on the product, the market is segmented into surveillance cameras, video production cameras, video conferencing cameras, and others. The surveillance cameras segment is expected to dominate owing to its increasing use across various sectors such as government, military, corporate offices, hospitals, and educational institutions for a secure environment is propelling the growth of the capture and production equipment market segment. The excellent imaging and zooming capabilities of surveillance cameras help in identifying suspects with utmost accuracy and CCTV videos help to build a record that is later referred to solve disputes.

Based on end-user the market is classified into corporates, large venues & events, educational institutions, government & military, studio & broadcasting, hospitality, and others. The government & military segment is expected to dominate owing to the accelerating use by law and enforcement agencies and courtrooms are driving the growth of this segment. The increasing crime rate and acts of terrorism across the world encourage the government and military segment to adopt these systems.

Regional Landscape

Asia Pacific is the Dominating Region owing to the Consumption of Live Video Content

Asia Pacific is the most dominating region owing to the strengthening efforts to promote digitization, increasing consumption of live video content, and increasing attendance at live concerts are the major factors contributing to the growth of the market. Government initiatives to build advanced public and private infrastructure increase the demand for cameras in the region. The increased government investment in infrastructure development and increased adoption of technologies such as surveillance cameras, and video production equipment.

In addition, increasing internet penetration is driving demand for high-quality video conferencing from countries such as China and India, which is expected to drive the growth of the regional market during the forecast period. The countries across the region such as China, Japan, Australia, and South Korea contribute to the growth of the market. Along with this, the rapid growth of industries such as entertainment, broadcasting, hospitality, exhibitions, healthcare, and restaurants boosts the development of the market. Strengthening efforts to promote digitization, increasing consumption of live video content, and increasing attendance at live concerts are the major factors contributing to the capture and production equipment market growth.

North America is the Fastest Growing Region owing to the Increased Presence of Major Market Players

North America is the fastest-growing region owing to early adoption across multiple industries in the region. Corporate security in the region has improved significantly in terms of response times to criminal activity occurring on corporate premises or during business meetings/transactions with customers/suppliers. The presence of several major players in the region provides a wide range of cameras, lenses, accessories, and other equipment for use in photography, video production, and other fields. In addition, North America has a number of rental companies and homes that provide equipment for film, television, and commercial video production.

These companies offer a wide range of equipment, from high-end cinema cameras and lenses to lighting and grip gear, and are critical to North American manufacturing. In addition, increasing demand for capture and production equipment in various educational institutions such as colleges, research centers, schools, and colleges is fuelling the growth of the market due to the increasing number of academic conferences, workshops, and seminars.

Apart from that, increasing demand for capture and production equipment in the entertainment industry for producing movies, feature films, documentaries, commercials, dramas, and other television (TV) content is driving the capture and production equipment industry share. The recent development of advanced cameras, increased demand for products in defense and government agencies, increased adoption in the music industry, rising crime rates and terrorist attacks, and advanced cameras such as thermal imaging and multi-sensor imaging. including the deployment of devices with expected to drive market growth.

Competitive Landscape

• Axis Communications
• Canon Inc.
• Cognex Corporation
• Dahua Technology Co., Ltd
• Datavideo
• Hangzhou Hikvision Digital Technology Co., Ltd.
• Ignition Immersive Pty
• Logitech
• LVNA Digital and Creative Services LLC
• Panasonic Corporation
• SAMSUNG
• Sony

The global capture and production equipment market is segmented as follows:

By Product

• Surveillance Cameras
• Video Production Cameras
• Video Conferencing Cameras
• Others

By End-User

• Corporates
• Large Venues & Events
• Educational Institutions
• Government & Military
• Studio & Broadcasting
• Hospitality
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Nordic countries
    • Denmark
    • Finland
    • Iceland
    • Sweden
    • Norway
  • Benelux Reunion
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America