The global professional camcorder market has recorded a “buoyant” first half of 2014 with a total of 149,000 units sold – an increase of 5% year-on-year, according to Futuresource Consulting.
The research company said the Asia Pacific region “remains the powerhouse for growth, with India experiencing particularly large volume growth”, while the Chinese market accounted for more than a quarter of global shipments for the first six months of the year.
Western Europe, the US and other parts of Asia Pacific were described as “largely saturated”.
The global average selling price for professional camcorders dropped by almost $2,000 (£1,205) to less than $4,000 year-on-year, according to the research. 4K camcorders accounted for just 1% of the units sold during the period.
“4K needs to take off before the mature markets return to growth. Until then, the global market will retain its split between emerging and mature markets,” said Futuresource head of broadcast equipment Adam Cox.