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Gyro Cameras Market size is set to grow by USD 4.19 billion from 2024-2028, Growing popularity of social networking sites to boost the market growth, Technavio

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NEW YORK, June 9, 2024 /PRNewswire/ — The global gyro cameras market  size is estimated to grow by USD 4.19 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 14.28%  during the forecast period.  Growing popularity of social networking sites is driving market growth, with a trend towards use of drone gyro cameras for sports. However, threat of increase in sales of smartphones  poses a challenge. Key market players include Ascent Vision Technologies LLC, Axis Communications AB, DELAIR SAS, Foshvision Technology Co. Ltd., GoPro Inc., Guangdong Aircraft Industrial Co. Ltd., Gyro Stabilized Systems LLC, Infiniti Electro Optics, Israel Aerospace Industries Ltd., Kenyon Laboratories LLC, Leptron Unmanned Aircraft Systems Inc., Merio UAV Payload Systems, Parrot Drones SAS, PrecisionHawk Inc., Squadrone System, SZ DJI Technology Co. Ltd., Teledyne FLIR LLC, Udirc Inc., Walkera, and Yuneec International Co. Ltd..

Get a detailed analysis on regions, market segments, customer landscape, and companies – View the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Application (Media and entertainment, Disaster
management, Security and surveillance, and
Others), Type (Drone and Regular), and Geography
(North America, Europe, APAC, Middle East and
Africa, and South America)

Region Covered

North America, Europe, APAC, Middle East and
Africa, and South America

Key companies profiled

Ascent Vision Technologies LLC, Axis
Communications AB, DELAIR SAS, Foshvision
Technology Co. Ltd., GoPro Inc., Guangdong
Aircraft Industrial Co. Ltd., Gyro Stabilized Systems
LLC, Infiniti Electro Optics, Israel Aerospace
Industries Ltd., Kenyon Laboratories LLC, Leptron
Unmanned Aircraft Systems Inc., Merio UAV
Payload Systems, Parrot Drones SAS,
PrecisionHawk Inc., Squadrone System, SZ DJI
Technology Co. Ltd., Teledyne FLIR LLC, Udirc
Inc., Walkera, and Yuneec International Co. Ltd.

Key Market Trends Fueling Growth

The global gyro cameras market is experiencing significant growth due to the increasing use of consumer drones in sports events. Notable brands like Mountain Dew and DR1 Racing have organized drone races, featuring top pilots controlling drones at high speeds around obstacles. Broadcast deals with sports networks, such as ESPN and the International Drone Racing Association, have increased market demand for these advanced cameras. Over two days, these events showcase heats, qualifiers, and finals, reaching a global audience through cable TV. 

The Gyroscopic Cameras market is experiencing significant growth due to the increasing demand for stability and precision in various industries. These devices, which include gyros and cameras, are used in applications such as drones, automotive, and military. The integration of advanced technologies like sensors and software algorithms is driving innovation in this sector.

Companies are focusing on developing cost-effective solutions to cater to a wider customer base. The market is also witnessing a trend towards miniaturization and integration of multiple functions into a single device. Additionally, the growing popularity of autonomous systems is expected to boost the demand for gyroscopic cameras in the coming years. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

The gyro cameras market faces challenges due to the increasing affordability and popularity of smartphones. These mobile devices, integrated with high-end features, offer advanced imaging and audio-video capabilities. Though not direct substitutes, smartphones’ widespread usage poses a threat to gyro cameras, potentially impacting market sales negatively during the forecast period.The Gyro Camera Market faces several challenges in its development. One key challenge is the high cost of production, which affects affordability for businesses and consumers. Another challenge is the complexity of the technology, requiring specialized knowledge and expertise for implementation and use. Additionally, the market is competitive, with numerous players vying for market share.Consumers demand advanced features and high-quality imaging, which can be difficult to deliver at an affordable price point. Furthermore, the market is subject to regulatory requirements and technological advancements, which can impact the market dynamics and competitive landscape. Overall, the Gyro Camera Market requires innovative solutions to address these challenges and drive growth.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

Application 1.1 Media and entertainment1.2 Disaster management1.3 Security and surveillance1.4 OthersType 2.1 Drone2.2 RegularGeography 3.1 North America3.2 Europe3.3 APAC3.4 Middle East and Africa3.5 South America

1.1 Media and entertainment-  The Gyro Camera Market is experiencing steady growth due to increasing demand for stabilized imaging in various industries. These cameras offer improved image quality by reducing shaking and vibrations. Key applications include film production, drones, and surveillance systems. Manufacturers are focusing on enhancing features such as resolution and frame rate to cater to diverse customer needs. The market is expected to continue expanding, driven by technological advancements and growing applications.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022)  – Download a Sample Report

Research Analysis

The Gyro Cameras Market encompasses electronic devices that integrate MEMS gyroscopes and gyro technology for stabilization in various applications. These devices find significant use in sports, adventures tourism, and media and entertainment industries for capturing stable footage. The integration of Virtual Reality (VR) in gyro cameras has led to new promotional opportunities and innovative use cases.

Market research reports suggest that the demand for gyro cameras is on the rise, driven by the growing popularity of consumer electronics, gaming, and security and surveillance applications. Vendor selection for gyro cameras involves careful consideration of factors such as rollover detection systems, occupant detection, and optical image stabilization. The market is also influenced by global military spending, as reported by organizations like SIPRI, and satellite navigation technology. Bosch Sensortec, among others, is a key player in the ideation community, driving innovation in gyro camera technology.

Market Research Overview

The Gyro Cameras Market encompasses a range of technologies and applications. These devices utilize gyroscopic sensors to measure and record angular velocity and orientation. They find extensive use in various industries, including military, automotive, and consumer electronics. Gyroscopes enable stabilization, navigation, and control systems in drones, helicopters, and other moving platforms.

In the consumer sector, gyro cameras are integrated into smartphones, gaming devices, and virtual reality systems for improved functionality and user experience. The market for gyro cameras is driven by advancements in technology, increasing demand for stabilization and navigation systems, and the growing popularity of virtual and augmented reality applications.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationMedia And EntertainmentDisaster ManagementSecurity And SurveillanceOthersTypeDroneRegularGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Leading Vision Plans for Retirees (2026): VSP Vision Care Highlighted for Senior-Friendly Eye Care Benefits by Expert Consumers

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NEW YORK, May 2, 2026 /PRNewswire/ — As more individuals transition into retirement, maintaining consistent access to vision care is becoming an important part of overall health planning. A recent report by Expert Consumers examines how individual vision insurance options are adapting to meet these needs, with VSP® Vision Care Individual Vision Plans identified as a structured option for retirees seeking predictable and accessible eye care coverage.

Vision Insurance for Seniors

VSP® Vision Care – individual vision plans offering routine eye exams, eyewear allowances, and predictable costs designed to support consistent, accessible eye care throughout retirement

The report notes that while many retirees prioritize medical insurance, vision care is often handled separately. Regular eye exams and updated prescriptions are important not only for maintaining clear vision but also for identifying early signs of certain health conditions. This has increased interest in standalone vision plans that provide defined benefits without relying on employer-sponsored coverage.

Access to Individual Vision Plans

Individual vision plans are designed to give retirees flexibility and independence when selecting coverage. Providers such as VSP Vision Care offer plans that can be purchased directly and tailored to different levels of care.

Common features include:

Multiple plan options with clearly outlined benefitsCoverage for routine eye care servicesTransparent pricing structures for easier budgeting

This approach allows retirees to continue receiving routine vision services without interruption after leaving the workforce.

Preventive Care Through Routine Eye Exams

Routine eye exams are a central component of many vision plans, including those offered by VSP Vision Care. These exams are typically available with fixed copays, helping reduce uncertainty around healthcare expenses.

Eye exams also play a role in preventive care and may help detect early signs of:

DiabetesHigh blood pressureAge-related vision conditions

Including regular exams as a core benefit supports ongoing monitoring of both eye health and general health.

Eyewear Coverage and Allowances

Coverage for eyewear is another key feature for retirees. Vision plans often include allowances that can be applied toward glasses or contact lenses on a recurring basis.

Typical benefits include:

Periodic allowances for frames or contact lensesCoverage for standard and progressive lensesReduced costs for lens enhancements like anti-glaire coating and scratch resistance

These features help individuals manage the recurring need for updated prescriptions and replacement eyewear.

Cost Transparency and Savings

Affordability remains an important consideration in retirement. Structured pricing models are designed to provide clarity and predictability in out-of-pocket expenses.

Common cost features include:

Set copays for routine services like eye examsDefined allowances for eyewear purchasesDiscounts on additional items beyond standard coverage

At this stage of the analysis, Expert Consumers highlights that predictable pricing and defined savings structures can help retirees better plan their spending over time.

Additional Benefits and Ongoing Value

Beyond core coverage, many vision plans include added features that extend their value. These may include savings on lens upgrades and a worry-free eyewear guarantee through participating Premier Edge locations.

Individual Vision Plans from VSP Vision Care also incorporate these types of benefits, supporting ongoing access to vision care while helping manage costs over time.

Such features provide flexibility for retirees who may require specialized eyewear or multiple pairs of glasses.

Key Considerations for Retirees

Selecting a vision plan in retirement involves evaluating several practical factors:

The balance between cost and coverageAccess to preventive and routine careOptions in eyewear benefits

Understanding how these elements work together can help retirees choose plans that support long-term vision care needs while remaining manageable in cost.

The Expert Consumers article notes that structured vision plans with clearly defined benefits and consistent pricing can support ongoing eye care needs. Individual vision plans,such as those offered by VSP Vision Care, reflect a model focused on preventive care and cost predictability for retirees managing their healthcare independently.

About VSP Vision Care

VSP Vision Care provides members access affordable eye care and eyewear through thousands of network providers. As the only national not-for-profit company in vision care, we reinvest our profits back into the communities we serve so that everyone can enjoy a lifetime of well-being.

About ExpertConsumers.org: Expert Consumers delivers news and insights on consumer products and services. As an affiliate, Expert Consumers may earn commissions from sales generated using links provided.

View original content:https://www.prnewswire.com/news-releases/leading-vision-plans-for-retirees-2026-vsp-vision-care-highlighted-for-senior-friendly-eye-care-benefits-by-expert-consumers-302760333.html

SOURCE ExpertConsumers.org

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Asian American Engineer of the Year Award and Conference Announces First Phase of 2025-2026 Awardees

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SANTA CLARA, Calif., May 1, 2026 /PRNewswire/ — The Asian American Engineer of the Year Award (AAEOY) Executive Committee announces the AAEOY 2025-2026 first phase awardees as follows:

Distinguished Lifetime Achievement Award

Mr. Lip-Bu Tan, CEO, Intel Corporation

Distinguished Leadership in Science and Technology Award

Dr. Arun Majumdar, Dean of the Stanford Doerr School of Sustainability, Stanford University

Executive of the Year Award

Dr. Xiaodong Che, Chief Technology Officer, Western DigitalDr. Sam Heidari, CEO, LumotiveDr. Jungwon Lee, Corporate Executive Vice President, Samsung ElectronicsDr. Liu Ren, Vice President & Chief Scientist, Bosch ResearchMr. Brandon Wang, Vice President, Synopsys

Engineer of the Year Award

Ms. Vivian Ye, Principal Member of Technical Staff, AT&T

Most Promising Engineer of the Year Award

Mr. Max Fang, Director of Architecture, AmbarellaMr. Johnny Ho, CSO & Co-founder, Perplexity AI

The AAEOY Award has been presented annually since 2002 as a cornerstone of the National Engineers Week program, honoring distinguished Asian American professionals across academia, public service, and industry. Since its inception, the AAEOY has recognized over 300 honorees — including nine Nobel Laureates, pioneering scholars, prominent corporate executives, and an astronaut — serving as a beacon of inspiration for the global STEM community. After a series of impactful ceremonies nationwide, the 2025-2026 AAEOY Award and Conference returns to the heart of innovation in Silicon Valley at the Santa Clara Convention Center on September 18-19, 2026.

For more information regarding the AAEOY program, awardees, and event registration, please visit www.aaeoy.org.

The Chinese Institute of Engineers in USA (CIE-USA), founded in 1917, is a nonprofit professional organization that promotes science, technology, engineering, and mathematics (STEM); supports professional advancement and leadership development; and recognizes the achievements of Asian American professionals through flagship programs such as the Asian American Engineer of the Year (AAEOY) Awards. One of the oldest and most prestigious Chinese American engineering associations in the United States, CIE-USA has seven regional chapters nationwide and hosts events throughout the year.

View original content to download multimedia:https://www.prnewswire.com/news-releases/asian-american-engineer-of-the-year-award-and-conference-announces-first-phase-of-2025-2026-awardees-302760569.html

SOURCE AAEOY

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Larry Kellerman, Fermi’s Chief Power Officer and Architect of Its 17 GW Energy Infrastructure, Accepts Board Nomination

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DALLAS, May 1, 2026 /PRNewswire/ — Toby Neugebauer, co-founder and largest shareholder of Fermi America (NASDAQ & LSE: FRMI), today announced that he has nominated Larry Kellerman to join the Fermi Board of Directors. Kellerman, who serves as Chief Power Officer at Fermi America, is the architect of the Company’s 17-gigawatt powered data center campus in Amarillo, Texas — the largest private energy grid in America.

Kellerman is co-founder and Managing Partner of Twenty First Century Utilities and brings more than four decades of power industry and finance expertise to the role. His career spans senior leadership positions at Goldman Sachs, El Paso Corporation, and I Squared Capital. Kellerman said he was honored by the nomination and would be pleased to serve if approved by the Board.

“I appreciate everything that Toby has manifested in Fermi and know that no other human could have created the enterprise and its many thoughtfully interconnected elements as quickly, as effectively, and in as value-accretive a manner as Toby’s leadership has been able to deliver.”
— Larry Kellerman, Chief Power Officer and Board Nominee, Fermi America

For Neugebauer, the choice was crystal clear. Kellerman, who has worked alongside Neugebauer since the earliest days of Project Matador knows Fermi’s power story better than anyone.

“When I came up with the idea of Project Matador, I knew that Larry Kellerman was the one person I needed to convert a really great idea into a really great reality. His knowledge of power and the future of powering data centers is unmatched. Larry is uniquely qualified to steward Fermi as a Board member, and I couldn’t be more pleased with his willingness to serve.”
— Toby Neugebauer, Co-Founder, Fermi America

View original content:https://www.prnewswire.com/news-releases/larry-kellerman-fermis-chief-power-officer-and-architect-of-its-17-gw-energy-infrastructure-accepts-board-nomination-302760575.html

SOURCE Toby Neugebauer

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