Flash Accessories: Introduction
- Flash accessories are diffusers attached to the upper part of an external flash unit. They are like mini-soft boxes that help to create softer light and are used to spread the harsh, concentrated light that bursts out of the flash. It also switches the caliber, direction, and photographic effects of the standard flash. It helps in eliminating heavy shadows created by the harshness of the strong lighting. Flash accessories come in various shapes and sizes, and each one gives varying levels of diffusion. Larger the diffuser, softer the light. Flash accessories are easy to operate, handle & carry, and also enhances the picture quality, due to which its market is expected to witness positive growth during the forecast period.
Key Drivers and Opportunities of the Flash Accessories Market
- Flash accessories work perfectly with speed lights and help to distribute lighting without setting up numerous lighting systems. Flash accessories find application in still photography, film lighting, and stage lighting, and are great for ensuring more natural lighting in photos. Growing number of internet users, high social media penetration, and the rise of visual centric marketing are likely to be key factors driving the flash accessories market during the forecast period.
- The growing economies coupled with rise in disposable income have led to higher consumer spending. Consumers are now inclined toward having a professional photographer at their special events such as wedding shoots, baby shower, and social & political events. The rising trend of photoshoots at such events is expected to fuel the flash accessories market during the forecast period.
- Many consumers are opting for photography as their career choice due to immense growth opportunity. Employment for photographers in the U.S. alone is projected to grow at a rate of 17% from 2020 - 2030. Also, growth in entertainment industry and the trend of travel photography is expected to augment the flash accessories market during the forecast period.
- Manufacturers operating in this market have immense opportunity for business growth as consumers are looking for efficient and affordable products. Covid-19 however hampered the market growth; but the market is expected to bounce back during the forecast period as travel and social restrictions are lifted by various countries around the world. Penetration in regional markets and streamlined supply chains are likely to be key business growth strategies during the forecast period.
Asia Pacific to hold major share of the Flash Accessories Market
- In terms of region, the flash accessories market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
- With regards to demand, Asia Pacific holds maximum share in the flash accessories market. One of the major factors driving the demand for flash accessories in the region is the rising trend of photography and increasing disposable income. The market in Asia Pacific is likely to be followed by the markets in North America and Europe during the forecast period.
Key Players Operating in the Flash Accessories Market
- Fotodiox, Inc.
- Polaroid
- Graslon, Inc.
- Harbor Digital Design
- Interfit Photographic, Ltd.
- LumiQuest
- Metz
- ProMaster - Photographic Research Organization, Inc.
- Sealife Cameras
- STO FEN Products
- Vello - Gradus Group LLC
Flash Accessories Market: Research Scope
Flash Accessories Market, by Product Type
- Flash Bouncers
- Flash Diffusers
- Flash Reflectors
- Others (Cords, etc.)
Flash Accessories Market, by Material
- Polycarbonate
- Fabric
- Others
Flash Accessories Market, by Shape
- Dome
- Octagon
- Sphere
- Square
Flash Accessories Market, by End-user
- Individual
- Professionals
Flash Accessories Market, by Price
- Low
- Medium
- High
Flash Accessories Market, by Distribution Channel
- Online
- E-commerce Websites
- Company Owned Websites
- Offline
- Hypermarkets & Supermarkets
- Specialty stores
- Other Retail Stores
Flash Accessories Market, by Region
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- ASEAN
- Rest of APAC
- South America
- Brazil
- Columbia
- Argentina
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- Turkey
- UAE
- South Africa
- Rest of Middle East & Africa
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Europe
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
