【深度】全景相机“龙头”上市，引爆产业链！

Core Viewpoint - The article highlights the dominance of Yingshi Innovation in the global panoramic camera market, with a market share of 67.2% in 2023, and discusses the rapid growth of the panoramic camera industry driven by increasing content creation demands and the diversification of short video formats [1][6]. Market Overview - Yingshi Innovation has maintained its position as the global leader in the panoramic camera market for six consecutive years, with a market share of 67.2% in 2023 [1][6]. - The global retail market for panoramic cameras is projected to grow from 2.51 billion yuan in 2017 to 7.85 billion yuan by 2027, with a compound annual growth rate (CAGR) exceeding 10% [1]. - The market is attracting numerous hardware manufacturers, including DJI, which plans to launch its first consumer-grade panoramic camera [1][6]. Competitive Landscape - The competitive landscape of the panoramic camera market is characterized by a significant "Matthew Effect," where Yingshi Innovation leads with a market share of 67.2%, while traditional players like Ricoh and GoPro hold 12.4% and 9.2% respectively [6]. - Emerging competitors in Shenzhen are leveraging advanced technology to meet user demands and extend product functionalities, positioning Chinese manufacturing as a leader in the global market [6]. Consumer Trends - The demand for panoramic cameras is increasing as consumers seek to capture and share experiences, particularly in outdoor activities and family events, driven by rising incomes and changing consumption attitudes [3][6]. - The unique capabilities of panoramic cameras, such as 360-degree shooting, are gaining popularity on social media platforms, leading to a surge in consumer interest [4]. Investment Outlook - Investment institutions are optimistic about the future of the panoramic camera industry, particularly with the integration of AI technology, which is expected to create new opportunities [7][8]. - Analysts believe that Yingshi Innovation has significant potential in the integration of imaging and AI technologies, with expectations for innovative applications in 3D imaging and intelligent AI image generation [9]. Market Growth - The global panoramic camera market reached a size of 5.03 billion yuan in 2023, reflecting a year-on-year growth of 21.79%, and is expected to grow to 7.85 billion yuan by 2027 [9].