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Global Underwater Camera Market Size, Share, Forecast: By Camera Type: DSLR (Digital Single Lens Reflex), Mirrorless, Compact; By Distribution Channel: Online, Offline; By Application: Personal, Commercial Photography, Media and Entertainment, Education and Research, Others; Regional Analysis; Competitive Landscape; 2024-2032
Global Underwater Camera Market Outlook
The global underwater camera market size reached approximately USD 6.75 billion in 2023. The market is projected to grow at a CAGR of 12.1% between 2024 and 2032, reaching a value of around USD 19.02 billion by 2032.
Key Trends in the Underwater Camera Market
An underwater camera is a specially designed camera model enclosed in metal or plastic-based housing. It is constructed to withstand the pressure and conditions associated with being submerged in water and allowing users to capture photos and videos beneath the surface. Underwater cameras are built to be rugged and able to withstand the harsh conditions of underwater environments, including exposure to saltwater, sand, and rocks.
- One of the most significant global underwater camera market trends is rapid technological advancements. Manufacturers are continuously innovating to enhance the performance, durability, and functionality of underwater cameras. The integration of cutting-edge sensor technologies, high-resolution imaging, and advanced stabilisation techniques has resulted in underwater cameras capable of capturing breathtaking imagery, even in challenging aquatic environments.
- The global underwater camera market demand is likely to be propelled in the forecast period by the increasing marine biology and oceanography activities. Researchers and experts in the realms of marine biology and oceanography are progressively relying on underwater cameras to record marine creatures, carry out investigations, and gather essential information. With technological advancements enhancing image quality, the market is expected to experience further expansion in the upcoming years.
- The rising interest in recreational diving and water sports is a major driver for the underwater camera market growth. As more people seek to document their underwater experiences, there is a growing demand for user-friendly, durable, and high-quality underwater cameras. Moreover, social media influencers are increasingly engaging and promoting such activities. Market players are also focusing on the production of a wide range of products catering to diverse consumer needs, ranging from compact point-and-shoot cameras to professional-grade DSLR options.
Underwater Camera Market Analysis
Based on camera type, the market can be segmented into DSLR (Digital Single Lens Reflex), mirrorless and compact. The global underwater camera market segmentation, based on distribution channel, includes online and offline.
Based on the application, the market divisions include personal, commercial photography, media and entertainment, education and research, and sports, among others. The major regional markets for underwater cameras are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global underwater camera market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
- Nikon Corporation
- Sony Corporation
- Canon Inc.
- FUJIFILM Holdings Corporation
- Panasonic Corporation
- GoPro Inc.
- SZ DJI Technology Co., Ltd.
- Sealife Cameras
- Scale Aquaculture AS
- Ricoh Company Ltd.
- OM Digital Solutions Corporation
- Others
Underwater Camera Market Share by Camera Type
According to the global underwater camera market analysis, DSLR (Digital Single Lens Reflex) is likely to show substantial growth during the forecast period. DSLR cameras are widely used for marine activities to capture high-quality imaging capabilities in aquatic environments. DSLR underwater cameras capture images in RAW format, which allows for extensive post-processing and editing capabilities. This is particularly beneficial for fine-tuning images to achieve desired results.
Underwater Camera Market Share by Region
The Asia Pacific is expected to witness rapid growth in the coming years, substantially aiding the global underwater camera market share. The growth of the regional market can be attributed to the growing popularity of underwater activities and water-based sports activities. In addition, the demand for underwater cameras in these nations is propelled by their substantial population, a heightened fascination with exploring and photographing underwater environments, and an increase in disposable income.
Competitive Landscape
Nikon Corporation is a prominent multinational corporation headquartered in Tokyo, Japan. It has established itself as a distinguished leader in the field of imaging and optics. Established in 1917, Nikon has forged a legacy of excellence in producing a wide array of optical products, including cameras, camera lenses, binoculars, microscopes, and precision equipment. The company's commitment to innovation and cutting-edge technology has earned it a sterling reputation among professionals and enthusiasts alike.
Sony Corporation is a Japan-based multinational conglomerate known as a global leader in electronics, entertainment, and technology. Founded in 1946, Sony has since established itself as an influential player in numerous industries, including consumer electronics, gaming, entertainment, and professional imaging. The company's diverse portfolio encompasses a wide range of products and services, including televisions, audio devices, digital cameras, and music, among others.
Canon Inc. is a renowned multinational corporation headquartered in Tokyo, Japan, and a leading force in imaging and optical products. Established in 1937, Canon has emerged as a global innovator in the field of imaging technology. The company's diverse product line includes digital cameras, camcorders, printers, scanners, and a wide array of optical and imaging-related equipment.
Other global underwater camera market includes FUJIFILM Holdings Corporation, Panasonic Corporation, GoPro Inc., SZ DJI Technology Co., Ltd., Sealife Cameras, Scale Aquaculture AS, Ricoh Company Ltd., and OM Digital Solutions Corporation, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Camera Type |
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| Breakup by Distribution Channel |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Underwater Camera Market Analysis
8.1 Key Industry Highlights
8.2 Global Underwater Camera Historical Market (2018-2023)
8.3 Global Underwater Camera Market Forecast (2024-2032)
8.4 Global Underwater Camera Market by Camera Type
8.4.1 DSLR (Digital Single Lens Reflex)
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Mirrorless
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Compact
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global Underwater Camera Market by Distribution Channel
8.5.1 Online
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Offline
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Underwater Camera Market by Application
8.6.1 Personal
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Commercial Photography
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Media and Entertainment
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Education and Research
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Sports
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.6.6 Others
8.7 Global Underwater Camera Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Underwater Camera Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Underwater Camera Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Underwater Camera Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Underwater Camera Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Underwater Camera Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Trade Data Analysis (HS Code – 900630)
15.1 Major Exporting Countries
15.1.1 By Value
15.1.2 By Volume
15.2 Major Importing Countries
15.2.1 By Value
15.2.2 By Volume
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Nikon Corporation
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Sony Corporation
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Canon Inc.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 FUJIFILM Holdings Corporation
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Panasonic Corporation
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 GoPro Inc.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 SZ DJI Technology Co., Ltd.
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Sealife Cameras
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Scale Aquaculture AS
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Ricoh Company Ltd.
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 OM Digital Solutions Corporation
16.2.11.1 Company Overview
16.2.11.2 Product Portfolio
16.2.11.3 Demographic Reach and Achievements
16.2.11.4 Certifications
16.2.12 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Underwater Camera Market: Key Industry Highlights, 2018 and 2032
2. Global Underwater Camera Historical Market: Breakup by Camera Type (USD Billion), 2018-2023
3. Global Underwater Camera Market Forecast: Breakup by Camera Type (USD Billion), 2024-2032
4. Global Underwater Camera Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
5. Global Underwater Camera Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
6. Global Underwater Camera Historical Market: Breakup by Application (USD Billion), 2018-2023
7. Global Underwater Camera Market Forecast: Breakup by Application (USD Billion), 2024-2032
8. Global Underwater Camera Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Underwater Camera Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Underwater Camera Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Underwater Camera Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Underwater Camera Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Underwater Camera Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Underwater Camera Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Underwater Camera Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Underwater Camera Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Underwater Camera Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Underwater Camera Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Underwater Camera Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Major Exporting Countries by Value
21. Major Importing Countries by Value
22. Major Exporting Countries by Volume
23. Major Importing Countries by Volume
24. Global Underwater Camera Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 6.75 billion.
The market is projected to grow at a CAGR of 12.1% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach a value of around USD 19.02 billion by 2032.
The market is driven by the increasing demand for underwater cameras in marine biology and oceanography and technological advancements improving camera functionalities.
The growing popularity of recreational diving and water sports and the market players focus on the manufacturing of a wide range of camera products are the key trends aiding the market growth.
The major regional markets are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The different applications are personal, commercial photography, media and entertainment, education and research, and sports, among others.
The key players in the market include Nikon Corporation, Sony Corporation, Canon Inc., FUJIFILM Holdings Corporation, Panasonic Corporation, GoPro Inc., SZ DJI Technology Co., Ltd., Sealife Cameras, Scale Aquaculture AS, Ricoh Company Ltd., and OM Digital Solutions Corporation, among others.
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