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Optical Image Stabilizer (OIS) Market Share

Report ID: GMI11954
Published Date: Oct 2024
Report Format: PDF

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Optical Image Stabilizer Market Share

The competition in the optical image stabilizer (OIS) market is fierce, with companies like Apple Inc., Canon Inc., and Sony Corporation vying for market dominance through a combination of price, product innovation, and differentiation. Key factors in this competition include the integration of advanced stabilization technologies (such as hybrid systems combining OIS and electronic image stabilization), product quality, and the ability to offer diverse and specialized solutions for consumer electronics, professional photography, and automotive applications.

Players are also competing on distribution channels, with companies leveraging both online and offline platforms to reach a broader audience. As consumer demand for better image and video quality continues to rise, companies are also focusing on enhancing user experience through superior design, performance, and affordability.

Optical Image Stabilizer Market Companies

Major players operating in the optical image stabilizer industry are:

Apple Inc.
BenQ Corporation
Blackmagic Design
Canon Inc.
DJI Technology Co., Ltd.
Fujifilm Holdings Corporation
GoPro, Inc.
Hasselblad
JVC Kenwood Corporation
Leica Camera AG
Nikon Corporation
Olympus Corporation
Panasonic Corporation

Authors: Suraj Gujar, Rutvij Kshirsagar

Frequently Asked Questions (FAQ) :

The global optical image stabilizer industry was valued at USD 12.3 billion in 2023 and is estimated to grow at a CAGR of 8.7% from 2024 to 2032, driven by advancements in imaging technologies.

The professional photography segment is expected to register a CAGR of 10.6% over the forecast period, fueled by the demand for high-performance DSLR and mirrorless cameras.

U.S. accounted for over 70% of the North America OIS market in 2023, led by a robust appetite for cutting-edge imaging technologies across various sectors.

Major players in the industry include Apple Inc., BenQ Corporation, Blackmagic Design, Canon Inc., DJI Technology Co., Ltd., Fujifilm Holdings Corporation, GoPro, Inc., Hasselblad, JVC Kenwood Corporation, and Leica Camera AG.