This character is a Other Symbol and is commonly used, that is, in no specific script. The character is also known as film and movies.
The glyph is not a composition. Its East Asian Width is wide. In bidirectional text it acts as Other Neutral. When changing direction it is not mirrored. U+1F3A5 offers a line break opportunity at its position, except in some numeric contexts.
The CLDR project calls this character “movie camera” for use in screen reading software. It assigns these additional labels, e.g. for search in emoji pickers: bollywood, camera, cinema, film, hollywood, movie, record.
This character is designated as an emoji. It will be rendered as colorful emoji on conforming platforms. To reduce it to a monochrome character, you can combine it with Variation Selector-15: 🎥︎ See the Emojipedia for more details on this character’s emoji properties.
The Wikipedia has the following information about this codepoint:
A movie camera (also known as a film camera and cine-camera) is a type of photographic camera that rapidly takes a sequence of photographs, either onto film stock or an image sensor, in order to produce a moving image to display on a screen. In contrast to the still camera, which captures a single image at a time, the movie camera takes a series of images by way of an intermittent mechanism or by electronic means; each image is a frame of film or video. The frames are projected through a movie projector or a video projector at a specific frame rate (number of frames per second) to show the moving picture. When projected at a high enough frame rate (24 frames per second or more), the persistence of vision allows the eyes and brain of the viewer to merge the separate frames into a continuous moving picture.