Cameras & Camera Equipment

Cameras & Camera Equipment Market by Component (Image Sensors, Lens Modules, Voice Coil Motors), Camera Type (360 Cameras, Action Cameras, Bridge Cameras), Lens Type, Sales Channel - Global Forecast 2024-2030

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[192 Pages Report] The Cameras & Camera Equipment Market size was estimated at USD 10.16 billion in 2023 and expected to reach USD 11.13 billion in 2024, at a CAGR 9.75% to reach USD 19.49 billion by 2030.

Cameras & Camera Equipment Market
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Cameras and camera equipment encompass a broad range of devices, accessories, and technologies designed to capture, record, and manipulate visual images. Cameras contain an optical system that focuses light onto a photosensitive surface or sensor, which converts the light into electronic signals that can be stored and processed as digital images. The growing need for efficient surveillance solutions in public and private sectors and rising online sales of photography equipment increases the adoption of cameras & camera equipment. However, the high cost of repair and maintenance of cameras & camera equipment may hinder the market's growth. Nevertheless, increasing demand for MILCs and waterproof cameras with technological advancements in cameras & camera equipment is anticipated to create lucrative opportunities for the market.

Cameras & Camera Equipment Market - Global Forecast 2024-2030
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Component: Increasing adoption of image sensors owing to their high power-efficiency

Image sensors are vital in capturing and converting light into an electrical signal that forms the digital image. The two types of image sensors are Charge-Coupled Device (CCD) sensors and Complementary Metal-Oxide-Semiconductor (CMOS) sensors. CCDs offer higher sensitivity, however, CMOS sensors are more power-efficient, making them the preferred choice for compact digital cameras. Lens modules consist of multiple optical elements arranged to achieve desired photographic properties, such as focal length or aperture size, while minimizing distortion or chromatic aberration effects. Voice Coil Motors (VCMs) are integral components in cameras responsible for controlling autofocus and image stabilization mechanisms. VCMs use electromagnetic forces to move lens elements within the camera accurately, ensuring optimal image sharpness even during fast-paced or low-light conditions.

Camera Type: Burgeoning utilization of mirrorless cameras due to their advanced image quality

360 cameras provide a fully immersive experience by capturing 360-degree videos and photos for virtual reality enthusiasts, action sports enthusiasts, and real estate professionals who desire an interactive view of properties. Action cameras are designed for extreme sports and other high-intensity activities; these compact cameras are built to withstand harsh conditions. Combining aspects of both DSLR-like controls and compact point-and-shoot features, bridge cameras offer a versatile option for photographers seeking performance without the bulk. Compact Digital/Point & Shoot Cameras are suitable for everyday photography or travel enthusiasts who prioritize portability while still capturing quality images quickly and easily. Digital cinema cameras are high-end cameras that produce cinema-quality footage with advanced features such as RAW recording, cinelog, and interchangeable lens systems. Digital SLR cameras consist of interchangeable lenses and advanced controls while offering superior image quality compared to compact cameras. Film cameras suit analog photography enthusiasts or professionals looking for a unique aesthetic provided by film stock, 35mm SLRs. Instant cameras offer instant gratification through physical prints developed moments after capturing an image, making them popular at events or parties where sharing memories matters most. Medium format cameras provide larger sensors than standard DSLRs, resulting in higher resolution and greater dynamic range. Mirrorless cameras combine compact cameras and DSLRs that offer a lightweight design with enhanced image quality. Interchangeable lenses are designed with camera systems that allow users to remove one lens and replace it with another. These systems offer greater flexibility and adaptability for different photography scenarios. They are primarily found in DSLR (Digital Single Lens Reflex) cameras, mirrorless cameras, and specific medium-format cameras.

Lens Type: Proliferating use of interchangeable lenses due to their versatility, superior image quality, and greater creative control

Built-in lenses are permanently attached to a camera body and cannot be removed or changed. They are commonly found on compact cameras, point-and-shoot models, bridge cameras, and advanced compact cameras. Built-in lenses provide convenience for users who require an all-in-one solution without the hassle of changing lenses. Users who prefer avoiding additional accessories or complicated setups may find built-in lenses more suitable.

Sales Channel: Evolving online distribution channel for cameras & camera equipment

Offline sales channels include traditional brick-and-mortar stores such as specialized camera shops, electronics retailers, department stores, and mass merchandisers. Customers who prefer offline shopping seek personalized assistance from knowledgeable staff members, hands-on product trials before purchasing, and instant gratification by taking their purchase home immediately. Online sales channels include e-commerce platforms, dedicated websites of camera manufacturers, and regional retailers' websites that offer cameras and camera equipment to consumers remotely.

Regional Insights

The cameras & camera equipment market is evolving in the Americas owing to the rising demand for high-quality photography and videography, technological advancements, increased internet penetration, and growth in social media usage. The shift towards mirrorless cameras with enhanced features such as faster autofocus and improved image stabilization is expanding the adoption of cameras & camera equipment in the Americas. In the EMEA region, increasing disposable incomes and a growing interest in professional photography, and demand for high-quality cameras to capture cultural events increases are influencing the growth of the cameras & camera equipment market. The cameras & camera equipment market is growing in the APAC region with significant investment in research & development of innovative camera technologies and breakthrough innovations such as deep learning algorithms integrated into camera systems. Besides, the introduction of cameras & camera equipment integrated with artificial intelligence (AI) algorithms coupled with government initiatives to encourage local manufacturing of electronic products is anticipated to encourage the growth of the cameras & camera equipment market globally.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Cameras & Camera Equipment Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Cameras & Camera Equipment Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments
  • Nikon Z f Full-Frame Mirrorless Camera Launched in India

    Nikon launched the new Z series full-frame mirrorless camera in India, with a starting price of INR 176,995. This camera is packed with impressive features such as in-body image stabilization, Pro Video Mode, and the ability to record 4K UHD videos. It is equipped with a 24.5MP FX-Format BSI CMOS sensor, ensuring exceptional image quality and performance in any lighting condition. This new camera offers a professional and reliable solution for capturing stunning photographs and videos. [Published On: 2023-10-11]

  • Verkada Unveils New PTZ Camera, Expanded Product Offerings and Platform Integrations

    Verkada unveiled an expansion of its camera product line, accompanied by new platform integrations. Introducing a new PTZ camera lineup empowers customers to monitor wide areas within a single view efficiently. Additionally, the upgraded software seamlessly integrates with the G Suite by Google Cloud and Slack, offering customers an even broader range of capabilities. [Published On: 2023-08-10]

  • Henry's and Lynx Announce Strategic Acquisition to Drive Growth of Canada's Greatest Camera Store

    Henry's and Lynx announced a strategic acquisition aiming to enhance the growth of Canada's camera store. The main objective is establishing a larger nationwide network of independent photo specialty stores. This strategic move will guarantee a strong network of reliable caregivers, exceptional products, top-notch services, and comprehensive customer support. This move demonstrates Henry's commitment to providing unparalleled photography solutions to customers across Canada, ensuring their needs are met with excellence and expertise. [Published On: 2023-06-06]

Key Company Profiles

The report delves into recent significant developments in the Cameras & Camera Equipment Market, highlighting leading vendors and their innovative profiles. These include Bolex International S. A., Bron Elektronik AG, Canon Inc., Casio Computer Co., Ltd, Eastman Kodak Company, FUJIFILM Corporation, GoPro, Inc., Hasselblad, Leica Camera AG, Manfrotto by Videndum Media Solutions SpA, Minolta Co. Ltd., Nikon Corporation, Olympus Corporation, OM Digital Solutions Corporation, Panasonic Corporation, PENTAX Ricoh Imaging Company, Ltd., Polaroid International B.V., Profoto AB, Ricoh Imaging Europe S.A.S., Samsung Group, Schneider Optics, Sigma Corporation of America, Sony Group Corporation, SZ DJI Technology Co., Ltd., and Victor Hasselblad AB.

Market Segmentation & Coverage

This research report categorizes the Cameras & Camera Equipment Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Component
    • Image Sensors
    • Lens Modules
    • Voice Coil Motors
  • Camera Type
    • 360 Cameras
    • Action Cameras
    • Bridge Cameras
    • Compact Digital/Point & Shoot Cameras
    • Digital Cinema Cameras
    • Digital SLR Cameras
    • Film Cameras
    • Instant Cameras
    • Medium Format Cameras
    • Mirrorless Cameras
  • Lens Type
    • Built-in
    • Interchangeable
  • Sales Channel
    • Offline
    • Online

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects:

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast of the Cameras & Camera Equipment Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Cameras & Camera Equipment Market?
  3. What are the technology trends and regulatory frameworks in the Cameras & Camera Equipment Market?
  4. What is the market share of the leading vendors in the Cameras & Camera Equipment Market?
  5. Which modes and strategic moves are suitable for entering the Cameras & Camera Equipment Market?

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Cameras & Camera Equipment Market, by Component
  7. Cameras & Camera Equipment Market, by Camera Type
  8. Cameras & Camera Equipment Market, by Lens Type
  9. Cameras & Camera Equipment Market, by Sales Channel
  10. Americas Cameras & Camera Equipment Market
  11. Asia-Pacific Cameras & Camera Equipment Market
  12. Europe, Middle East & Africa Cameras & Camera Equipment Market
  13. Competitive Landscape
  14. Competitive Portfolio
  15. List of Figures [Total: 24]
  16. List of Tables [Total: 386]
  17. List of Companies Mentioned [Total: 25]
The Evolution of Cameras and Camera Equipment: A Look into Technological Advancements
November 10, 2023
BLOG
The Evolution of Cameras and Camera Equipment: A Look into Technological Advancements
Cameras and camera equipment have come a long way since their inception. From the bulky 8mm camera to the modern-day DSLR and mirrorless cameras, technology has revolutionized the way we capture images and record videos. Each year, new advancements are made in camera technology, making our experience of capturing moments even better. This blog post explores cameras and camera equipment, analyzing the latest technological advances that have revolutionized photography and videography.

Mirrorless Cameras:

Mirrorless cameras are compact, more lightweight, and produce high-quality images due to the lack of a bulky mirror system. The biggest advantage of a mirrorless camera is the ability to shoot complete videos in ultra-high definition (UHD), making it an excellent choice for filmmakers. Newer models have improved autofocus, high-speed sensors, and image stabilization, making them perfect for capturing great action shots.

360-Degree Cameras:

360-degree cameras have become increasingly popular in recent years, and for a good reason. These cameras allow the user to capture everything around them in a single shot, creating an immersive experience. 360-degree cameras are great for travel enthusiasts and virtual reality content creators. Newer models have improved image quality, better stabilization, and added features like live streaming, making them perfect for concerts, events, and sports.

Drones:

Drones may seem like a thing for hobbyists, but they are fast becoming a popular tool for videographers and photographers. They allow you to capture stunning aerial shots from unique perspectives, allowing you to take your creativity to the next level. Newer models offer great features like obstacle avoidance and longer battery life, making them easier to use. Drones are now used in the film industry and by news organizations to capture stunning footage from unique angles.

AI and Machine Learning :

AI and machine learning are not typically associated with cameras and camera equipment. However, they have made significant strides in recent years. Cameras now offer advanced algorithms for face and eye detection, making it easier for photographers to take great portraits. In addition, cameras with AI-enhanced autofocus, which helps lock on to subjects with great accuracy, have made capturing action shots easier.

Smartphones:

Smartphones have become the primary device for taking photos and recording videos. They have come a long way from the 2-megapixel cameras that were prevalent in the early 2000s. Today, smartphone cameras have evolved to produce high-resolution images and videos, with features like optical image stabilization, night mode, and more. With the rise of computational photography, smartphones are the go-to choice for many amateur photographers and social media enthusiasts.

From mirrorless cameras to drones and smartphones, technological advancements in cameras and camera equipment have revolutionized the way we capture moments. This is just the beginning; we can expect more groundbreaking innovations. As technology continues to evolve, it will be interesting to see how it shapes the future of photography and videography.

Frequently Asked Questions
  1. How big is the Cameras & Camera Equipment Market?
    Ans. The Global Cameras & Camera Equipment Market size was estimated at USD 10.16 billion in 2023 and expected to reach USD 11.13 billion in 2024.
  2. What is the Cameras & Camera Equipment Market growth?
    Ans. The Global Cameras & Camera Equipment Market to grow USD 19.49 billion by 2030, at a CAGR of 9.75%
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