India Camcorder Market
Product Code: ETC000180 | Publication Date: Aug 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | ||||
India Camcorder market currently, in 2023, has witnessed an HHI of 3453, Which has increased slightly as compared to the HHI of 3327 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
India Camcorder market has witnessed an increasing need for integration and innovation over the past few years. The demand for camcorders have recorded a consistent rise and consumers are not merely satisfied with the SD (Standard-Definition) enabled video recording but they are also looking for camcorders with more advanced features. To cater to this increasing demand manufacturers are implementing significant changes in professional and personal camcorders. According to 6Wresearch, India Camcorder market registered an annual shipments of more than 100,000 units, registering an increase of around 34% in H2 over H1. Sony led the personal segment whereas, Panasonic dominated the professional Camcorder market.
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