Industry Analysis & Industry Trends
Over the five years to 2016, revenue for the Camera Equipment Manufacturing industry in China declined at an annualized rate of 6.2% to total $9.1 billion. Revenue contributed by the four largest industry players, Foshan Pulihua, Canon, Samsung and Sony, is expected to account for 73.3% of total industry revenue in 2016.
China has become the world's largest production base for camera equipment. In addition, digital cameras have gradually become the dominant products in place of traditional film cameras. An estimated 90.0% of industry output in 2016 will be digital camera equipment, up from about 41.0% in 2004.
Basic digital cameras are no longer considered a luxury good for many people in China.... purchase to read more
Industry Report - Industry Analysis Chapter
During the five years to 2016, revenue for the Camera Equipment Manufacturing industry in China is expected to decrease at an annualized rate of 6.2%, totaling $9.1 billion by 2016.
Domestic demand for digital camera equipment increased steadily until 2008 due to pricing declines, improving levels of household disposable income and greater demand for high-end products, such as digital single-lens reflex (SLR) cameras. However, the rapid development of smartphones with camera functions in recent years has challenged domestic demand growth. Domestic demand for industry products is expected to total $7.6 billion in 2016, reflecting and annualized decline of 1.9% during the past five years. As a result, industry revenue has been falling since 2012... purchase to read more