Industry Analysis & Industry Trends
Revenue for the Camera Equipment Manufacturing industry in China is expected to total $10.7 billion in 2014, down 3.3% from 2013. Annualized growth over the past five years is estimated at 1.7%. The share of revenue contributed by the four largest players, Foshan Pulihua, Canon, Samsung, and Sony, is expected to increase to about 73.3% of total industry revenue in 2014.
China has become the world's largest production base for camera equipment, and digital cameras have gradually become the dominant products, in place of traditional film cameras. An estimated 90% of industry output in 2014 will be digital camera equipment, up from about 41.0% in 2004.
Basic digital cameras are no longer a luxury good for many Chinese people.... 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, despite increasing from $566 in 2009 to an estimated $725 in 2014... purchase to read more