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 SWOT Analysis Chapter
Value added of the Camera Equipment Manufacturing Industry is estimated to decrease at an annualized rate of 1.4% during the ten-year period from 2010 to 2020. This is much slower than China's average GDP growth during the period of about 6.5% per year.
The rapid development of smartphones with camera functions has challenged domestic demand growth has been challenged in recent years. As a result, industry revenue has been declining since 2012 and is expected to continue falling.
This industry has made great progress in terms of production technologies due to the entry of foreign companies and the introduction of advanced technologies from other countries. Some leading domestic enterprises have also started to develop their own technologies in recent years... purchase to read more