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United States Digital Camera Market

United States Digital Camera Market Size, Share, Analysis: By Type: Interchangeable Lens Cameras, Built-in Lens Cameras; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032

United States Digital Camera Market Outlook

The United States digital camera market size was valued at USD 2.28 billion in 2023. The market is further projected to grow at a CAGR of 4.2% between 2024 and 2032, reaching a value of USD 3.30 billion by 2032.

 

Key Takeaways

  • The adoption of advanced technologies like ABS, ADAS, vehicle telematics, and dashcams is propelling United States digital camera market growth.
  • The demand for high-end cameras is driven by trends like vlogging, documentary filmmaking, and the need for better video quality in real-time streaming and pre-wedding shoots.
  • The top three leading camera manufacturers, Canon, Sony, and Nikon, account for 84.3% of unit shipments in the global camera market, which includes shipments to US as well.
  • Panasonic’s total assets value was USD 62 billion in 2022, where the company spent USD 3.25 billion on its R&D in 2022.

 

As per the United States digital camera market analysis, mirrorless cameras have gained significant popularity in recent years due to their compact size, similar image quality compared to DSLRs, and advanced features. Fujifilm, a major player in the market, has been investing heavily in developing unique and improved mirrorless cameras. The company expects the demand for mirrorless cameras to surpass DSLRs soon and has been introducing new mirrorless cameras with advanced features, such as the X-T4 and X-S10, to cater to the growing demand.

 

Interchangeable lens cameras are popular among professional photographers due to their versatility and high-quality images. Nikon's Z series and Sony's Alpha series of cameras allow users to adapt to various shooting conditions and styles, making them a preferred choice for photography enthusiasts and professionals.

 

Moreover, the increasing popularity of vlogging and content creation has led to a surge in demand for digital cameras that offer high-quality video recording capabilities. Canon, holding significant United States digital camera market share, has been introducing cameras, such as Canon EOS M50 Mark II and the Canon EOS R5 with advanced video recording capabilities to cater to the growing demand for vlogging and content creation.

 

Although many consumers now use their smartphones as their main camera for recreational purposes, amateur and professional users seeking better photographic experiences are still drawn to digital cameras because of their greater image quality, optical zoom capabilities, and manual controls that are absent from smartphones. Olympus PEN E-PL10 and the Olympus OM-D E-M10 Mark IV offer features such as wireless connectivity, allowing users to transfer images and videos to their smartphones for easy sharing and editing.

 

United States Digital Camera Market

 

Market Segmentation

United States Digital Camera Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

 

Market Breakup by Type

  • Interchangeable Lens Cameras
    • Digital Single Lens Reflex (SLR) Cameras
    • Digital Rangefinders
    • Line-Scan Camera System 
    • Mirrorless Camera
  • Built-in Lens Cameras
    • Bridge Cameras
    • Compact Digital Cameras

 

Market Breakup by Region

  • New England
  • Mideast
  • Great Lakes
  • Plains
  • Southeast
  • Southwest
  • Rocky Mountain
  • Far West

 

Competitive Landscape

Market players are focusing on introducing a wide range of camera models with advanced features, competitive pricing, and localised marketing strategies to cater to the diverse needs of consumers.

 

  • Canon Inc.
  • Sony Group Corporation 
  • Nikon Corporation  
  • Panasonic Corporation 
  • FUJIFILM Holdings Corporation 
  • Samsung Electronics Co. Ltd.  
  • OM Digital Solutions Corporation 
  • Eastman Kodak Company  
  • Sigma Corporation 
  • Leica Camera AG 
  • 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:

  • Type
  • Region
Breakup by Type
  • Interchangeable Lens Cameras
  • Built-in Lens Cameras
Breakup by Region
  • New England
  • Mideast
  • Great Lakes
  • Plains
  • Southeast
  • Southwest
  • Rocky Mountain
  • Far West
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Canon Inc.
  • Sony Group Corporation 
  • Nikon Corporation  
  • Panasonic Corporation 
  • FUJIFILM Holdings Corporation 
  • Samsung Electronics Co. Ltd.  
  • OM Digital Solutions Corporation 
  • Eastman Kodak Company  
  • Sigma Corporation 
  • Leica Camera AG 
  • Others

 

*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
7    Opportunities and Challenges in the Market
8    North America Digital Camera Market Overview

    8.1    Key Industry Highlights
    8.2    North America Digital Camera Historical Market (2018-2023) 
    8.3    North America Digital Camera Market Forecast (2024-2032)
9    United States Digital Camera Market Overview
    9.1    Key Industry Highlights
    9.2    United States Digital Camera Historical Market (2018-2023) 
    9.3    United States Digital Camera Market Forecast (2024-2032)
10    United States Digital Camera Market by Type
    10.1    Interchangeable Lens Cameras
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032) 
        10.1.3    Breakup by Type 
            10.1.3.1    Digital Single Lens Reflex (SLR) Cameras
            10.1.3.2    Digital Rangefinders
            10.1.3.3    Line-Scan Camera System 
            10.1.3.4    Mirrorless Camera
    10.2    Built-in Lens Cameras
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032) 
        10.2.3    Breakup by Type 
            10.2.3.1    Bridge Cameras
            10.2.3.2    Compact Digital Cameras
11    United States Digital Camera Market by Region
    11.1    New England
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Mideast
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
    11.3    Great Lakes
        11.3.1    Historical Trend (2018-2023)
        11.3.2    Forecast Trend (2024-2032)
    11.4    Plains
        11.4.1    Historical Trend (2018-2023)
        11.4.2    Forecast Trend (2024-2032)
    11.5    Southeast
        11.5.1    Historical Trend (2018-2023)
        11.5.2    Forecast Trend (2024-2032)
    11.6    Southwest
        11.6.1    Historical Trend (2018-2023)
        11.6.2    Forecast Trend (2024-2032)
    11.7    Rocky Mountain
        11.7.1    Historical Trend (2018-2023)
        11.7.2    Forecast Trend (2024-2032)
    11.8    Far West
        11.8.1    Historical Trend (2018-2023)
        11.8.2    Forecast Trend (2024-2032)
12    Market Dynamics
    12.1    SWOT Analysis
        12.1.1    Strengths
        12.1.2    Weaknesses
        12.1.3    Opportunities
        12.1.4    Threats
    12.2    Porter’s Five Forces Analysis
        12.2.1    Supplier’s Power
        12.2.2    Buyer’s Power
        12.2.3    Threat of New Entrants
        12.2.4    Degree of Rivalry
        12.2.5    Threat of Substitutes
    12.3    Key Indicators for Demand
    12.4    Key Indicators for Price
13    Competitive Landscape
    13.1    Market Structure
    13.2    Company Profiles
        13.2.1    Canon Inc. 
            13.2.1.1    Company Overview
            13.2.1.2    Product Portfolio
            13.2.1.3    Demographic Reach and Achievements
            13.2.1.4    Certifications
        13.2.2    Sony Group Corporation 
            13.2.2.1    Company Overview
            13.2.2.2    Product Portfolio
            13.2.2.3    Demographic Reach and Achievements
            13.2.2.4    Certifications
        13.2.3    Nikon Corporation  
            13.2.3.1    Company Overview
            13.2.3.2    Product Portfolio
            13.2.3.3    Demographic Reach and Achievements
            13.2.3.4    Certifications
        13.2.4    Panasonic Corporation 
            13.2.4.1    Company Overview
            13.2.4.2    Product Portfolio
            13.2.4.3    Demographic Reach and Achievements
            13.2.4.4    Certifications
        13.2.5    FUJIFILM Holdings Corporation 
            13.2.5.1    Company Overview
            13.2.5.2    Product Portfolio
            13.2.5.3    Demographic Reach and Achievements
            13.2.5.4    Certifications
        13.2.6    Samsung Electronics Co. Ltd.  
            13.2.6.1    Company Overview
            13.2.6.2    Product Portfolio
            13.2.6.3    Demographic Reach and Achievements
            13.2.6.4    Certifications
        13.2.7    OM Digital Solutions Corporation 
            13.2.7.1    Company Overview
            13.2.7.2    Product Portfolio
            13.2.7.3    Demographic Reach and Achievements
            13.2.7.4    Certifications
        13.2.8    Eastman Kodak Company  
            13.2.8.1    Company Overview
            13.2.8.2    Product Portfolio
            13.2.8.3    Demographic Reach and Achievements
            13.2.8.4    Certifications
        13.2.9    Sigma Corporation 
            13.2.9.1    Company Overview
            13.2.9.2    Product Portfolio
            13.2.9.3    Demographic Reach and Achievements
            13.2.9.4    Certifications
        13.2.10    Leica Camera AG 
            13.2.10.1    Company Overview
            13.2.10.2    Product Portfolio
            13.2.10.3    Demographic Reach and Achievements
            13.2.10.4    Certifications
        13.2.11    Others
14    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    North America Digital Camera Market: Key Industry Highlights, 2018 and 2032
2.    United States Digital Camera Market: Key Industry Highlights, 2018 and 2032
3.    United States Digital Camera Historical Market: Breakup by Type (USD Billion), 2018-2023
4.    United States Digital Camera Market Forecast: Breakup by Type (USD Billion), 2024-2032
5.    United States Digital Camera Historical Market: Breakup by Region (USD Billion), 2018-2023
6.    United States Digital Camera Market Forecast: Breakup by Region (USD Billion), 2024-2032
7.    United States Digital Camera Market Structure

Key Questions Answered in the Report

In 2023, the market reached an approximate value of USD 2.28 billion.

The market is expected to grow at a CAGR of 4.2% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 3.30 billion by 2032.

The market is being driven due to rising demand for mirrorless cameras, increased disposable income, and the growing popularity of photography in the region.

Key trends aiding the market expansion include expanding applications of digital cameras in entertainment, media, and sports industries, the growing popularity of mirrorless cameras, and the continuous technological innovations associated with digital cameras.

Regions considered in the market are New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.

Based on type, the market segmentations include interchangeable lens cameras, such as digital single lens reflex (SLR) cameras, digital rangefinders, line-scan camera system, mirrorless camera and built-in lens cameras, such as bridge cameras and compact digital cameras.

Key players in the market are Canon Inc., Sony Group Corporation, Nikon Corporation, Panasonic Corporation, FUJIFILM Holdings Corporation, Samsung Electronics Co. Ltd., OM Digital Solutions Corporation, Eastman Kodak Company, Sigma Corporation, and Leica Camera AG, among others.

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