DVD Recorders Market Size, Share, Growth, and Industry Growth by Type (Internally Installed and Externally Installed) By Application (Household, Commercial and Others), Regional Forecast To 2031

Updated On: 22 April 2024

DVD Recorders Market REPORT OVERVIEW

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The global DVD recorders market size is expanded rapidly in 2021 and market is expected to generate substantial revenue by 2031, exhibiting a high compound annual growth rate (CAGR) from 2021 to 2031.

A DVD recorder is a device for watching, editing, and recording videos at home. It supports high-quality video and audio playback and uses the DVD format. A DVD recorder has many features, including the ability to pause and resume live TV, record two shows simultaneously, and fast-forward and rewind live TV, among others. You can use it to make home videos. A consumer cam or home cinema is another name for the amateur variety. It is a portable video camera that uses an external deck to record and playback videos. The two most popular types of decks are DVD recorders and VCRs.

COVID-19 Impact: The Growth of the Market is Pauperized by Underlying Conditions

The COVID-19 disease first spread quickly throughout the entire world, infecting a large number of people, and adversely affecting the aviation sectors. Globally, the government ordered work stoppages and foot restrictions in the impacted areas. The epidemic has had a big impact on the aviation industry because it has restricted travel and decreased demand. Flight cancellations and empty flights between airports as a result of significant drops in passenger volume have drastically reduced airline income and forced many to lay off employees or file for bankruptcy. Nonetheless, the industry's haphazardness has also had an impact on the market share of DVD recorders. 

LATEST TRENDS

"Professional DVD Recorders have Cutting-Edge Features to Drive Market Expansion"

A DVD recorder that can record TV shows from various satellites and cable TV is the professional variety. The over-the-air broadcast signals from ABC, CBS, NBC, Fox, and PBS can also be recorded. Together with several other cutting-edge features like the time shift function, which allows users to reverse or fast-forward the recorded show by a specific period of time or number of times, the gadget has built-in program recording capabilities.

DVD Recorders Market Segmentation

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• By Type Analysis

By type, the DVD recorders market is segmented internally installed and externally installed.

The internally installed type of segment will dominate the DVD recorders market in the coming years.

• By Application Analysis

Based on applications, the DVD recorders market is household, commercial and others.  

The household segment will lead the global share through 2031.  

DRIVING FACTORS

"Growing Consumer Demand for High-Quality DVD Recordings will Fuel Market Expansion "

The emergence of digital recorders marked a move to digital technology. Advanced DVD recorders are taking the place of outdated DVD systems for high-quality recording and monitoring, pushing the market for security and surveillance applications. The systems are made simple and secure to access online through a network thanks to digital recorders. This is anticipated to increase demand for them as more people choose Internet access over televisions.

"On-Demand Entertainment is a New Trend that Will Propel Market Expansion "

Demand for DVD recorders is increasing as consumer preferences for watching movies and TV programs on their own schedules change. As on-demand entertainment becomes more popular and television broadcasts become more digitized, there is an increase in demand for television DVD recorders. The market for DVD recorders is also anticipated to grow throughout the projected period as a result of the introduction of features like time-shifting and ad-skipping.

RESTRAINING FACTORS

"Restrictions in Recording May Impact Market Development"

However, it should be mentioned that there are limitations to this device's ability to record data. Most devices only let you record data for brief periods of time. Thus, the recording restrictions could seriously slow the market for DVD recorders. Moreover, DVD recorders cost more than VCRs.

DVD Recorders Market REGIONAL INSIGHTS

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"Asia Pacific to Grow at the Highest DVD Recorders Market Share During the Forecast Period  "

The market for DVD recorders in Asia Pacific is anticipated to expand throughout the forecast period. The DVD Recorder market is examined and predicted at the national and regional levels in this report. The analysis of major firms participating in this market is done using their product portfolios, distribution networks, and main strategies. due to an increase in the use of the technology by both individuals and organizations, such as hotels and restaurants, for security considerations as well as other uses including surveillance monitoring at various places or departments within a building or establishment.

KEY INDUSTRY PLAYERS

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead in the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolio. 

List of Market Players Profiled

• Samsung (South Korea)
• Sony (Japan)
• JVC(Japan)
• LG (South Korea)
• Sanyo (Japan)
• Pioneer (Japan)
• Panasonic (Japan)
• Philips (Netherlands)
• Toshiba (Japan)
• CyberHome Entertainment (Singapore)
• Emerson (U.S.)
• Funai(Japan)
• Gateway (U.S.)
• Magnavox (U.S.)
• Insignia (U.S.)
• Lite-on (China)
• Sylvania (U.S.)
• VocoPro(U.S.)
• Zenith Electronics (U.S.)

REPORT COVERAGE

The market research study examines the worldwide market in detail, focusing on important elements such as leading players, product/services, or type, and leading end-use applications. Aside from that, the research analyses major advancements and provides insights into lighting market trends. In addition to the causes indicated above, the paper includes several other factors that have contributed to recent DVD recorders market growth in some regions.