Industry Analysis & Industry Trends
Over the five years to 2015, revenue for the Camera Equipment Manufacturing industry in China declined at an annualized rate of 5.0% to total 9.0 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 2015.
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 2015 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 Investment Chapter
For every dollar spent on labor in the Camera Equipment Manufacturing industry, 48 cents are spent on capital, making it highly capital-intensive. The majority of manufacturers in this industry are foreign companies that manufacture cameras in mid-end markets. These companies purchase advanced production facilities to improve automation levels. Many large-scale domestic manufacturers also use advanced equipment from foreign countries to improve their technology levels. As a result, more advanced facilities are used in this industry compared with other industries in China's manufacturing sector.
This industry features a high level of automation, while the average monthly wage for individual workers is low, and decreasing from $643 in 2010 to an estimated $623 in 2015... purchase to read more