AI Tracking Gimbal Market Trends and Forecast
The future of the global AI tracking gimbal market looks promising with opportunities in the movie making, live streaming & video blogging, and sports & action photography markets. The global AI tracking gimbal market is expected to grow with a CAGR of 5.3% from 2024 to 2030. The major drivers for this market are rising demand for automated video production and growing adoption of gimbals for AR-enhanced experiences.
• Lucintel forecasts that smartphone gimbal is expected to witness higher growth over the forecast period.
• Within this market, movie making is expected to witness the highest growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the AI Tracking Gimbal Market
• United States: In the United States, companies like DJI and Freefly Systems have been focusing on integrating AI into their gimbal technologies. DJI recently announced advancements in their ActiveTrack 5.0 technology, enhancing real-time object tracking capabilities in their gimbal-stabilized cameras. Freefly Systems, known for their Wave camera series, continues to innovate with AI-powered features that improve filming and photography precision (source: Freefly Systems News). These initiatives align with the US governmentÄX%$%Xs push for technological innovation and digital transformation in the media and entertainment sectors, supporting economic growth through enhanced creative tools and capabilities.
• India: In India, emerging companies like Zhiyun-Tech and FeiyuTech are making strides in the AI Tracking Gimbal Market. Zhiyun-Tech launched the Crane 3S-E gimbal with advanced AI features for improved object tracking and stabilization, catering to the growing demand from Indian filmmakers and content creators. FeiyuTechÄX%$%Xs AK4500 gimbal, with AI-powered gesture control and intelligent tracking, aims to capture a significant market share in IndiaÄX%$%Xs expanding media production industry. The Indian governmentÄX%$%Xs Digital India initiative and focus on promoting indigenous technology development further support these innovations, fostering a conducive environment for technological advancements in cinematography and media production.
• China: China, home to companies like DJI and FeiyuTech, continues to lead in the global AI Tracking Gimbal Market. DJIÄX%$%Xs advancements in AI-powered gimbal technologies align with ChinaÄX%$%Xs strategic goals of becoming a global leader in innovation and technology. FeiyuTechÄX%$%Xs AK4500 gimbal, designed with AI-enhanced features, reflects ChinaÄX%$%Xs commitment to technological advancement in the media and entertainment sectors. Government initiatives such as the "Made in China 2025" plan emphasize technological self-sufficiency and innovation, encouraging domestic companies to develop cutting-edge solutions for global markets.
• Germany: In Germany, companies are focusing on precision engineering and advanced technology integration in gimbal systems. German manufacturers are leveraging AI to enhance the accuracy and functionality of gimbal-stabilized cameras for professional use in film production and broadcasting. Government support for research and development in AI and robotics underscores GermanyÄX%$%Xs position as a hub for technological innovation in Europe, fostering collaborations between industry leaders and academic institutions to drive advancements in cinematography and media technology.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
AI Tracking Gimbal Market by Segment
The study includes a forecast for the global AI tracking gimbal market by type, application, and region.
AI Tracking Gimbal Market by Type [Value from 2018 to 2030]:
• Smartphone Gimbal
• Action Camera Gimbal
• Others
AI Tracking Gimbal Market by Application [Value from 2018 to 2030]:
• Movie Making
• Live Streaming & Video Blogging
• Sports & Action Photography
• Others
AI Tracking Gimbal Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of AI Tracking Gimbal Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies AI tracking gimbal companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the AI tracking gimbal companies profiled in this report include-
• Hohem
• DJI
• Feiyutech
• Porodo
• Zhiyun
• Gudsen Technology
• Freefly Systems
Recent Development in the AI Tracking Gimbal Market
• DJI: DJI, a leader in consumer and professional drones, has introduced ActiveTrack 5.0, an advanced AI-powered tracking system for their gimbal-stabilized cameras. This technology utilizes deep learning algorithms to enhance object tracking capabilities, ensuring smoother and more accurate tracking of subjects during filming or photography.
• Freefly Systems: Freefly Systems, known for their high-end camera stabilization systems, launched the Wave camera series with integrated AI tracking capabilities. The Wave cameras utilize AI to track subjects in real-time, providing filmmakers with enhanced control and flexibility in capturing dynamic shots without the need for manual adjustments.
• Zhiyun-Tech: Zhiyun-Tech introduced the Crane 3S-E gimbal, which incorporates AI-enhanced features for improved object tracking and stabilization. This gimbal leverages advanced algorithms to predict subject movements and adjust the camera position accordingly, catering to professionals in the film and video production industry who require reliable tracking capabilities.
• FeiyuTech: FeiyuTech released the AK4500 gimbal, equipped with AI-powered features such as intelligent object tracking and gesture control. The AK4500 utilizes machine learning algorithms to identify and track subjects automatically, allowing users to capture smooth and precise footage effortlessly in various filming scenarios.
Features of the Global AI Tracking Gimbal Market
Market Size Estimates: AI tracking gimbal market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: AI tracking gimbal market size by type, application, and region in terms of value ($B).
Regional Analysis: AI tracking gimbal market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the AI tracking gimbal market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the AI tracking gimbal market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for AI tracking gimbal market?
Answer: The global AI tracking gimbal market is expected to grow with a CAGR of 5.3% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the AI tracking gimbal market?
Answer: The major drivers for this market are rising demand for automated video production and growing adoption of gimbals for AR-enhanced experiences.
Q3. What are the major segments for AI tracking gimbal market?
Answer: The future of the AI tracking gimbal market looks promising with opportunities in the movie making, live streaming & video blogging, and sports & action photography markets.
Q4. Who are the key AI tracking gimbal market companies?
Answer: Some of the key AI tracking gimbal companies are as follows:
• Hohem
• DJI
• Feiyutech
• Porodo
• Zhiyun
• Gudsen Technology
• Freefly Systems
Q5. Which AI tracking gimbal market segment will be the largest in future?
Answer: Lucintel forecasts that smartphone gimbal is expected to witness higher growth over the forecast period.
Q6. In AI tracking gimbal market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the AI tracking gimbal market by type (smartphone gimbal, action camera gimbal, and others), application (movie making, live streaming & video blogging, sports & action photography, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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