The European animation industry is growing fast and an increasing number of films produced in Europe have attracted global audiences and are distributed worldwide.
The boom in European animation can be attributed to the world-class animation training schools, funding schemes, government tax incentives, Europe-wide as well as global collaborations through co-productions and availability of world-class talent.
Europe produces about 40 animation films every year. About 15% of European movie admissions go into animation and one-fifth of admissions to animation films in Europe go to European productions. However, the market is dominated by American films who garner about 70% of admissions.
The trend is in favour of local European animation productions as far as TV animation series is concerned. There are over 300 children's channels in the EU as well as specific on-demand services for kids. Moreover, about 65% of animation content on European TV channels is produced locally.
European animation productions targeted at television have achieved global success, however, in the case of movies, it is the major American studios that dominate the market. Film-based content such as video or mobile games is on the upswing giving rise to new partnerships as well as new business and revenue models. Given the global economic crunch, producers need to diversify their sources of funding and explore sources such as co-productions, equity financing and other forms of loans.
The demand for animation, VFX and video gaming has expanded with the increase in targeted broadcasting hours by cable and satellite TV, availability of low-cost internet access, penetration of mobile devices along with the growing popularity of streaming video. In addition, the demand for Animation and VFX content to power immersive experiences such as Augmented Reality and Virtual Reality is growing exponentially.
The rapid advancement of technology has made animation, VFX & games available to the masses, and this industry has become one of the fastest-growing segments in the global media and entertainment market. We are increasingly seeing more of animation, VFX and games production taking place in a globally distributed mode. Production work is becoming global with countries as well as regions offering tax incentives, subsidies, financial support, regional low labor costs etc. and companies are cutting costs by setting up facilities in such regions.
Cloud computing is playing a key role in character rendering and modeling processes as cloud-based rendering of animation films is more effective and efficient as it reduces the time and cost compared to traditional rendering.
Select Highlights
The total value of the European Animation & VFX industry was US$ 45.9 billion in 2019
The size of the European video gaming industry was US$ 20 billion in 2019
Most of the segments in the animation industry are growing at the rate of 2-3% YoY
3D animation and VFX are the fastest growing segments
The spend on special effects as a percent of production cost is about 20%-25%
The production cost per animation movie ranges anywhere between US$ 20 million to US$ 300 million
Key Topics Covered
European Animation Industry
Television Animation market in Europe
Animated Feature Film market in Europe
Animation Industry trends in Europe
Animation Movie Budgets in Europe
Animation financing in Europe
Television Series Development in Europe
Copyright Chain in Europe
Co-Production Strategies in Europe
Animation Distribution Strategies in Europe
3D Animated Film Market in Europe
Industry Constraints and Challenges
Market Size of European Animation & VFX Industry
Television Animation Content demand in Europe
European Animation & VFX industry Market Size
Germany Animation & VFX Industry
Movie Trends in Germany
History and Evolution of German Animation & VFX Industry
Industry Structure and Location
German Animation funding
Animation Schools in Germany
Strategies for German Studios
Key Players in the German Animation & VFX Industry
Size of Animation Industry in Germany
Animation Studios in Germany
Television Channels in Germany
UK Animation & VFX Industry
Industry Structure
Movie Trends in the UK
Size of Animation Industry in the UK
Role of Television Channels
Animation Co-Productions in the UK
Animation Studios in the UK
Animation Television Channels in UK
Italy Animation & VFX Industry
Recent Movie Trends in Italy
Government Support
Role of Television Channels
Size of Animation Industry in Italy
Animation Co-Productions in Italy
Strategies for Animation Studios in Italy
Key Statistics about Animation Studios in Italy
Animation Studios in Italy
France Animation & VFX Industry
Recent Movie Trends in France
French Visual Effects Sector
Animation Co-productions in France
Size of Animation Industry in France
Government Support
Financing in French Animation
Role of Television Channels
Strategies for Animation Studios in France
Data of Animation Studios in France
Animation Studios in France
Animation Television Channels in France
Spain Animation & VFX industry
Key Trends in the Spanish Animation & VFX Industry
Key Industry Recommendations
Movie Trends in Spain
Value of Animation Industry in Spain
Government Support
Role of Television Channels
Animation Co-Production in Spain
Strategies for Animation Studios in Spain
Key Statistics about Animation Studios in Spain
Animation Studios in Spain
Denmark Animation & VFX Industry
Movie Trends in Denmark
Strategies for Animation Studios in Denmark
Value of Animation Industry in Denmark
Animation Co-Production in Denmark
Animation Funding in Denmark
Animation Studios in Denmark
Sweden Animation & VFX Industry
Movie Trends in Sweden
Animation film market in Sweden
Strategies for Animation Studios in Sweden
Value of Animation Industry in Sweden
Key Statistics about Animation Studios in Sweden
Hungary Animation & VFX industry
Value of Animation Industry in Hungary
Animation Content Produced in Hungary
Government Support
Industry in Transition
Industry Drivers
Co-Productions
Full Length Films
National Film Fund
Russia Animation & VFX Industry
Animation Film market in Russia
Strategies for Animation Studios in Russia
Animation Studios in Russia
Value of Animation Industry in Russia
Animation content produced in Russia
Statistics on Animation Studios in Russia
Norway Animation & VFX Industry
Recent Movie Trends in Norway
Industry evolution and key Animation Productions
Animation Film market in Norway
Strategies for Animation Studios in Norway
Animation Funding in Norway
Value of Animation Industry in Norway
Key statistics about Animation industry in Norway
Czech Animation & VFX Industry
Industry evolution and key Animation Productions
Animation Film market in Czech Republic
Recent Movie Trends in Czech Republic
Key Animation Production Companies in Czech Republic
Strategies for Animation Studios in Czech Republic
Animation Funding in Czech Republic
Value of Animation Industry in the Czech Republic
Key statistics about Animation industry in Czech Republic
Slovakia Animation & VFX Industry
Industry evolution and key Animation Productions
Strategies for Animation Studios in Slovakia
Animation Funding in Slovakia
Value of Animation Industry in the Slovakia
Key statistics about Animation industry in Slovakia
Slovenia Animation & VFX Industry
Strategies for Animation Studios in Slovenia
Value of Animation Industry in the Slovenia
Key statistics about Animation industry in Slovenia
Turkey Animation & VFX Industry
Recent Movie Trends in Turkey
Animation Studios in Turkey
Animation Schools in Turkey
Government Support
Strategies for Animation Studios in Turkey
Key Statistics about Animation Industry in Turkey
Poland Animation & VFX industry
Recent Movie Trends in Poland
Successful Polish animations
Key Animation Production Companies in Poland
Animation Funding in Poland
Strategies for Animation Studios in Poland
Value of Animation Industry in Poland
Key statistics about Animation industry in Poland
Netherlands Animation & VFX Industry
Recent Movie Trends in Netherlands
Successful Dutch Animations
Key Animation Production Companies in Netherlands
Animation Funding in Netherands
Strategies for Animation Studios in Netherlands
Value of Animation Industry in the Netherlands
Key statistics about Animation industry in Netherlands
Serve Robotics Inc. (the "Company" or "Serve"), a leading autonomous sidewalk delivery company, today announced the pricing of its underwritten public offering of 10,000,000 shares of common stock at a price to the public of $4.00 per share, for...
Yugabyte, the leading open source distributed SQL database company, today announced the keynote theme and final schedule for the upcoming fourth annual Distributed SQL Summit (DSS) Asia.
This year's virtual summit, taking place on Wednesday, April...
Companies in Singapore and Malaysia are accelerating their adoption of Microsoft cloud platforms as their efforts to improve customer and employee experience mature, according to a new research report published today by Information Services Group...
COSRX, the go-to skincare brand among dermatologists, has set TikTok ablaze with its latest social media sensation - the #PatThePeptide TikTok challenge. Running from March 7th to the 20th, the #PatThePeptide TikTok Challenge has captured the...
DataTracks, a provider of cloud-based software to automate/generate compliance reports for filing with financial/security regulators to more than 28,000 business enterprises in 26 countries, celebrates the completion of 19 years of service and...
LG Electronics (LG) is unveiling its latest built-in kitchen appliances at Milan Design Week (MDW) 2024, taking place in Milan, Italy, from April 16-21. At the center of LG's Milan showcase are the brand-new Signature Kitchen Suite built-in oven,...