CIPA March 2022 Shipment Figures Suggest The Market Is Recovering

Cipa
View Post

Latest CIPA camera and lens shipment figures suggest the market is getting better.

As Digicame Info sums it up:

The number of digital cameras shipped in March 2022 was 66.2% (77.0% on a monetary basis) compared to the same month of the previous year, which is even lower than the sluggish 73.4% (90.6% on a monetary basis) last month. Currently, the restrictions on corona are being relaxed, but it is severe that bad conditions such as supply shortages and price increases for camera-related products overlap.

Of the number of cameras shipped, the lens-integrated type was 50.1% (62.7% on a monetary basis) compared to the same month of the previous year, and the interchangeable lens type was 74.7% (79.4% on a monetary basis) compared to the same month of the previous year. The interchangeable lens type, which was on par with the previous year, has fallen sharply below the previous year in March.

The number of digital cameras shipped by region was compared with the same month of the previous year in the Americas (73.7%), Europe (56.5%), China (67.1%), Japan (71.4%), Japan and Asia other than China (68.2%), and China. It is noticeable that it has dropped significantly from 96.9% in February.

The number of SLR cameras shipped in March 2022 was about 188,26, and the number of mirrorless cameras was about 224,970. On a unit basis, SLR cameras are still selling well. However, on a monetary basis, mirrorless cameras are about 3.6 times more expensive than single-lens reflex cameras, and it seems that sales of single-lens reflex cameras are centered on low-priced models.

The Digital Camera Market Is Plummeting Quickly, Statistics Suggest

Digital Camera
View Post

CIPA published some statistics about the digital camera market.

Things aren’t looking good at all. Some findings:

  • Shipment of digital camera dropped by 74.8% in June 2019 compared to June 2018
  • There are no signs the situation might get better
  • DSLR shipments have dropped by 56.8% compared to 2018
  • Mirrorless camera shipments have dropped by 79.8% compared to 2018
  • Lens shipment has dropped by 67.1% compared to last year
  • Compact camera shipments have dropped by 88.2% compared to last year

Well, these are worrying figures. The original PDF files with all statistics can be downloaded (and are in Japanese): digital camera statistics | interchangeable lenses statistics

[via Digicame Info]

Camera Market In Loss, CIPA March Report Suggests

Camera Market
View Post

The CIPA March 2019 report doesn’t draw a good picture of the camera market.

It’s in loss, as various execs in the industry have already stated, with the notable exception of Fujifilm (guess they are the only company with good reasons to be optimistic).

In their reports about the Q1 Financials, Canon sees smartphones as the major reason for the shrinking camera market. More and more people switch to a smartphone for their photography, and with phones having a sensor and the optical performance of the Huawei P30 Pro it’s understandable. The future is in computational photography, a domain where smartphone will have an advantage in the foreseeable future.

The Photography Industry Did Not Well In 2018, Shrinks By 24%

Photography Industry
View Post

As they do every year, the folks at LensVid published their infographic about the photography industry in 2018.

The infographic is based on the information CIPA (the camera and Image Products Association) recently published about the camera industry in 2018.

LensVid’s analysis:

In 2018 the number of cameras sold went down as we have mentioned by about 24% compared to the previous year – however the amount of money spent worldwide on these far fewer cameras only went down by 4.5% compared to 2017 and even more interestingly while in 2018 we purchased almost 7% less lenses than the year before – we spent 5% more money on buying them.

The bottom line here is simple if this trend continues the photography market will become increasingly smaller and ever more expensive. Think about this as a vicious circle – manufacturers need more money to develop more advanced technologies, but since sales continue to shrink they are forced to raise prices which in turn make it harder for people to buy new gear making the market even smaller and so on and so forth.

When will this cycle end? well, possibly only when the market stabilizes in terms of yearly sales. But at under 20 million cameras sold per year, this just might not be economical for some of the manufacturers to sustain with ever-increasing R&D costs.

Click on the infographic below for a larger version, or get the story at LensVid.

Click to enlarge

Latest CIPA Report shows no change in consumer trends

Cipa Report
View Post

The latest CIPA report (May 2018) shows that there is no change in consumer habits.

  1. Compact camera sales are still dropping compared to the previous years
  2. System Camera sales are on par with previous years

It might mean that we probably bottomed out the System Camera down-trend from the past years. This are the good news. The bad news are that compact cameras are going close to extinction as a product. Guess this is also because of smartphone being everywhere, and becoming useful photographic tools.

[via Mirrorless Rumors]

CIPA report: Overall Digital Camera market down by 27% compared to last year

Cipa
View Post

CIPA posted their statistics for February 2018, and it’s a worrying picture they give of the camera industry.

According to CIPA, the overall digital stills camera shipments worldwide were down 26.6% compared to the same period of 2017. The figures are due to the compact camera market, which is shrinking year after year and now see as a 44.7% drop.

Shipments of DSLRs and MILCs together went down by over 5% (compared to February 2017). DSLR sales alone saw a modest 0.1% raise in shipment while MILC shipments dropped by 15.8%.

It seems people still love their DSLRs, despite all the mirrorless galore.

cipa[via CIPA]