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Global Digital Camera Market: By Type: Interchangeable Lens Cameras, Built-in Lens Cameras; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, EMR’s Key Indicators for Demand, EMR’s Key Indicators for Price; Competitive Landscape; Industry Events and Developments
Global Digital Camera Market Outlook
The global digital camera market stood at a value of around USD 7.19 billion in 2021. The market is further expected to grow at a CAGR of 4.7% in the forecast period of 2022-2027 to attain USD 9.78 billion by 2027.
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Increased Demand for Digital Single-Lens Reflex Cameras to Augment the Market Growth of the Global Digital Camera Industry
Based on type, the demand for digital single-lens reflex (SLR) cameras is expected to rise significantly due to their ease of use, an increase in digitalisation, and strong demand associated with similar markets. In addition, digital SLR cameras have emerged as a growing segment offering superior image quality. In addition, the rapid technological advancements, such as the integration of artificial intelligence and the development of lightweight mirrorless cameras, are projected to further augment the market growth in the coming years.
The Asia Pacific to Provide Profitable Growth Opportunities for the Global Digital Camera Industry Growth
The Asia Pacific is predicted to occupy a significant share of the digital camera industry because of the steadily increasing population as well as the rising consumer affluence in the region. While assessing the industry's import and export situation, it was found that the United States is the main importer, whereas China is among the leading exporters of digital cameras globally. The rising incomes of consumers as well as technological advancements, including HD quality cameras and tactile automation, are also expected to positively influence the market growth.
Digital Camera: Market Segmentation
A digital camera refers to a multimedia device that uses an electronic image sensor to preserve digital photographs or videos. It comprises of a lens and a variable diaphragm to modify the electronic lighting, along with a viewfinder monitor to show a captured image or video. Unlike a movie camera, digital camera photos or videos are immediately accessible. Additionally, these devices also provide basic image editing functions, including cropping and image enhancement. Other features such as auto focusing, best shot selector, ISO, and AWB updates, burst shots, shutter speed, and optical zoom are standardised.
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By type, the market is segregated into:
- Interchangeable Lens Cameras
- Built-in Lens Camera
Among these, the interchangeable lens camera segment can be further distributed by type into digital single-lens reflex (SLR) cameras, digital rangefinders, line-scan camera systems, and mirrorless camera. At the same time, the built-in lens camera segment can be further divided by type into bridge cameras and compact digital cameras.
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Heightened Demand for Mirrorless Cameras to Drive the Global Digital Camera Industry
In recent years, digital cameras have increased their ability to capture high-quality images. Nonetheless, one of the major factors that negatively impacted the digital camera industry growth in the historical period was the advent of affordable smartphones with high-resolution lenses. The introduction of improved smartphones with exceptional camera functions reduced the need for digital cameras, as they allowed users to take pictures and edit them, on the go without the need of any specific equipment. However, the digital camera industry is projected to witness a significant growth in the forecast period due to the rising demand for mirrorless cameras. This can be attributed to the growing investments by the leading market players in the development of mirrorless cameras, fuelled by the growing demand for innovative cameras among consumers engaged in travel and tourism activities. For instance, in September 2021, FUJIFILM launched its new FUJIFILM GFX50S II, which is a new GFX series mirrorless digital camera comprising a large-format sensor with 51.4MP, providing powerful image stabilisation mechanism and a compact and lightweight body. Such developments are anticipated to propel the market growth in the forecast period.
Key Industry Players in the Global Digital Camera Market
The report gives a detailed analysis of the following key players in the global digital camera market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Canon Inc.
- Nikon Corporation
- Sony Corporation
- Panasonic Corporation
- Olympus Corporation
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model and SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2021 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Region |
| Breakup by Type | Interchangeable Lens Cameras, Built-in Lens Cameras |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Trade Data Analysis | Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Canon Inc., Nikon Corporation, Sony Corporation, Panasonic Corporation, Olympus Corporation, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Digital Camera Market Analysis
8.1 Key Industry Highlights
8.2 Global Digital Camera Historical Market (2017-2021)
8.3 Global Digital Camera Market Forecast (2022-2027)
8.4 Global Digital Camera Market by Type
8.4.1 Interchangeable Lens Cameras
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.1.4 Market by Type
8.4.1.4.1 Digital Single Lens Reflex (SLR) Cameras
8.4.1.4.2 Digital Rangefinders
8.4.1.4.3 Line-Scan Camera Systems
8.4.1.4.4 Mirrorless Camera
8.4.2 Built-in Lens Cameras
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.2.4 Market by Type
8.4.2.4.1 Bridge Cameras
8.4.2.4.2 Compact Digital Cameras
8.5 Global Digital Camera Market by Region
8.5.1 Market Share
8.5.1.1 North America
8.5.1.2 Europe
8.5.1.3 Asia Pacific
8.5.1.4 Latin America
8.5.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyers Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Trade Data Analysis
12.1 Major Importing Countries
12.1.1 By Volume
12.1.2 By Value
12.2 Major Exporting Countries
12.2.1 By Volume
12.2.2 By Value
13 Manufacturing Process
13.1 Detailed Process Flow
13.2 Operations Involved
13.3 Mass Balance
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players' Market Share
14.3 Company Profiles
14.3.1 Canon Inc.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Demographic Reach and Achievements
14.3.1.4 Financial Summary
14.3.1.5 Certifications
14.3.2 Nikon Corporation
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Demographic Reach and Achievements
14.3.2.4 Financial Summary
14.3.2.5 Certifications
14.3.3 Sony Corporation
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Demographic Reach and Achievements
14.3.3.4 Financial Summary
14.3.3.5 Certifications
14.3.4 Panasonic Corporation
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Demographic Reach and Achievements
14.3.4.4 Financial Summary
14.3.4.5 Certifications
14.3.5 Olympus Corporation
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Demographic Reach and Achievements
14.3.5.4 Financial Summary
14.3.5.5 Certifications
14.3.6 Others
15 Industry Events and Developments
List of Key Figures and Tables
1. Global Digital Camera Market: Key Industry Highlights, 2017 and 2027
2. Global Digital Camera Historical Market: Breakup by Type (USD Billion), 2017-2021
3. Global Digital Camera Market Forecast: Breakup by Type (USD Billion), 2022-2027
4. Global Digital Camera Historical Market: Breakup by Region (USD Billion), 2017-2021
5. Global Digital Camera Market Forecast: Breakup by Region (USD Billion), 2022-2027
6. North America Digital Camera Historical Market: Breakup by Country (USD Billion), 2017-2021
7. North America Digital Camera Market Forecast: Breakup by Country (USD Billion), 2022-2027
8. Europe Digital Camera Historical Market: Breakup by Country (USD Billion), 2017-2021
9. Europe Digital Camera Market Forecast: Breakup by Country (USD Billion), 2022-2027
10. Asia Pacific Digital Camera Historical Market: Breakup by Country (USD Billion), 2017-2021
11. Asia Pacific Digital Camera Market Forecast: Breakup by Country (USD Billion), 2022-2027
12. Latin America Digital Camera Historical Market: Breakup by Country (USD Billion), 2017-2021
13. Latin America Digital Camera Market Forecast: Breakup by Country (USD Billion), 2022-2027
14. Middle East and Africa Digital Camera Historical Market: Breakup by Country (USD Billion), 2017-2021
15. Middle East and Africa Digital Camera Market Forecast: Breakup by Country (USD Billion), 2022-2027
16. Major Importing Countries by Volume
17. Major Exporting Countries by Volume
18. Major Importing Countries by Value
19. Major Exporting Countries by Value
20. Global Digital Camera Market Structure
Key Questions Answered in the Report
In 2021, the global digital camera market attained a value of nearly USD 7.20 billion.
The market is expected to grow at a CAGR of 4.6% in the forecast period of 2022-2027.
The major drivers of the industry, such as the rising demand for mirrorless cameras and the growing innovations by the manufacturers, are expected to propel the market growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with the Asia Pacific accounting for the largest market share.
The major product types in the market are divided into interchangeable lens cameras and built-in lens cameras.
The major players in the industry are Canon Inc., Nikon Corporation, Sony Corporation, Panasonic Corporation, and Olympus Corporation, among others.
Analyst Review
The global digital camera market attained a value of USD 7.20 billion in 2021 driven by increasing disposable incomes and rising internet penetration. The market is further expected to grow at a CAGR of 4.6% in the forecast period of 2022-2027.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its product types, the digital camera market industry can be segmented into interchangeable lens cameras and built-in lens cameras. The major regional markets for digital camera are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with the Asia Pacific accounting for the largest share of the market. The key players in the above market include Canon Inc., Nikon Corporation, Sony Corporation, Panasonic Corporation, Olympus Corporation, and others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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