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The global digital camera market attained a value of about USD 14.5 billion in 2020. The market is likely to witness a slight decline in the forecast period of 2021-2026 due to the rising demand for smartphones, which are equipped with HD quality cameras and are often more affordable than digital cameras.
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The Asia Pacific is one of the largest markets for digital camera because of its large 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 the exporters of digital cameras globally. The most common product category reflects interchangeable lens cameras (ILCs), which help to generate high-quality images. They have an optical lens that can be removed as well as adjusted according to demand.
The rising incomes of consumers as well as technological advancements, including HD quality cameras and tactile automation, have positively influenced the market in the historical period. The rise of digital single-lens reflex (SLR) cameras has also aided the market growth in the previous years. Digital SLR cameras are expected to rise significantly in the wake of falling costs, an increase in digitalization, simpler use, and strong demand on similar markets. In addition, digital SLR cameras have emerged as a growing segment with superior image quality.
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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 as well as a variable diaphragm to modify the electronic lighting and viewfinder monitor to show a captured image or video. Unlike a movie camera, digital camera photos or videos can be accessed instantly. This also supports basic functions of image editing, including cropping and associated image enhancement. More features such as auto focusing, best shot selector, ISO, and AWB updates, burst shots, shutter speed, and optical zoom are standardized.
On the basis of product type, the digital camera market can be divided between interchangeable lens cameras and built-in lens cameras.
Interchangeable lens cameras can be categorised further into:
Built-in lens cameras can further be segmented into:
The regional markets for digital camera include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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In recent years, digital cameras have increased their ability to capture high-quality images. Nonetheless, one of the major factors that negatively impacts the digital camera market globally is the advent of affordable smartphones with high-resolution lenses. The integrated cameras of these smartphones allow users to picture and alter the settings in RAW format by mode manual. The introduction of improved smartphones steadily improves the camera functions and, thus, reduces the need for digital cameras. Therefore, because of the lack of technical advancements by manufacturers to match the smartphones and the presence of camera rental systems in the industry, customers no longer want to invest in new models of digital cameras. As digital cameras are more costly, bulkier and offer no additional features, including texts, e-mails, video calls, and applications of social networking, their demand around the world is declining.
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:
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.
*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 (2016-2020)
8.3 Global Digital Camera Market Forecast (2021-2026)
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 (2016-2020)
8.4.1.3 Forecast Trend (2021-2026)
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
8.4.2 Built-in Lens Cameras
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
8.4.2.4 Market by Type
8.4.2.4.1 Integration Camera
8.4.2.4.2 Bridge Cameras
8.4.2.4.3 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 (2016-2020)
9.1.2 Forecast Trend (2021-2026)
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 (2016-2020)
9.2.2 Forecast Trend (2021-2026)
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 (2016-2020)
9.3.2 Forecast Trend (2021-2026)
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 (2016-2020)
9.4.2 Forecast Trend (2021-2026)
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 (2016-2020)
9.5.2 Forecast Trend (2021-2026)
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 EMR’s Key Indicators for Demand
10.4 EMR’s 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 Figures and Tables
1. Global Digital Camera Market: Key Industry Highlights, 2016 and 2026
2. Global Digital Camera Historical Market: Breakup by Type (USD Billion), 2016-2020
3. Global Digital Camera Market Forecast: Breakup by Type (USD Billion), 2021-2026
4. Global Digital Camera Historical Market: Breakup by Region (USD Billion), 2016-2020
5. Global Digital Camera Market Forecast: Breakup by Region (USD Billion), 2021-2026
6. North America Digital Camera Historical Market: Breakup by Country (USD Billion), 2016-2020
7. North America Digital Camera Market Forecast: Breakup by Country (USD Billion), 2021-2026
8. Europe Digital Camera Historical Market: Breakup by Country (USD Billion), 2016-2020
9. Europe Digital Camera Market Forecast: Breakup by Country (USD Billion), 2021-2026
10. Asia Pacific Digital Camera Historical Market: Breakup by Country (USD Billion), 2016-2020
11. Asia Pacific Digital Camera Market Forecast: Breakup by Country (USD Billion), 2021-2026
12. Latin America Digital Camera Historical Market: Breakup by Country (USD Billion), 2016-2020
13. Latin America Digital Camera Market Forecast: Breakup by Country (USD Billion), 2021-2026
14. Middle East and Africa Digital Camera Historical Market: Breakup by Country (USD Billion), 2016-2020
15. Middle East and Africa Digital Camera Market Forecast: Breakup by Country (USD Billion), 2021-2026
16. Major Importing Countries by Volume (2020)
17. Major Exporting Countries by Volume (2020)
18. Major Importing Countries by Value Million USD (2020)
19. Major Exporting Countries by Value Million USD (2020)
20. Global Digital Camera Market Structure
In 2020, the global digital camera market attained a value of nearly USD 14.5 billion.
The market is projected to decline between 2021 and 2026.
The major constraints of the industry, such as the rising prevalence of social networking and the growing shift towards smartphones with superior image quality, are expected to restrain 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.
The global digital camera market attained a value of USD 14.5 billion in 2020 driven by increasing disposable incomes and rising internet penetration. However, due to the growing penetration of smartphones, the market is expected to witness a decline in the forecast period of 2021-2026.
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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