According to a new market report by Lucintel, the future of the global cropped sensor camera market looks promising with opportunities in the photography sector. The global cropped sensor camera market is expected to grow with a CAGR of 11% from 2020 to 2025. The major growth drivers for this market are increasing trend and popularity of photography among people and growing technological advancements in digital cameras.
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In this market, advanced photo system type-c, micro four thirds cameras, digital single-lens reflex (DSLR) cameras, compact cameras, bridge compact cameras, mirror less interchangeable lens cameras are the major product type segments. Lucintel forecasts that the digital single-lens reflex (DSLR) camera segment will witness the highest growth during the forecast period. These high end cameras provide better image quality than other types of cropped sensor cameras and are used by professionals.
APAC is expected to witness the highest growth over the forecast period, supported by increasing disposable income and growth of cameras.
Canon Inc., The Eastman Kodak Company, Nikon Corporation, Samsung Group, Panasonic Corporation, The Ricoh Company, Ltd. Fujifilm Holdings Corporation, Sony Corporation, Olympus Corporation, GoPro, Inc., and Konica Minolta, Inc. are among the major manufacturers of the cropped sensor camera market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the cropped sensor camera market by product type and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Global Cropped Sensor Camera Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data on the cropped sensor camera market by product type and region as follows:
By Product Type [$M shipment analysis for 2014 – 2025]:
Advanced Photo System Type-C (APS-C)
Micro Four Thirds Cameras
Digital Single-Lens Reflex (DSLR) Cameras
Compact Cameras, Bridge Compact Cameras
Mirror Less Interchangeable Lens Cameras
By Region [$M shipment analysis for 2014 – 2025]:
North America
United States
Canada
Mexico
Europe
Asia Pacific
China
Japan
India
South Korea
Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.