Market Forecast By Type (Digital Single Lens Reflex (DSLR), Mirrorless, Compact ), By Distribution Channel (Online, Offline), By Application (Personal , Commercial , Education & Research Institutes, Media & Entertainment, Underwater Sports, Commercial Photography, Underwater Research) And Competitive Landscape
Product Code: ETC370104 | Publication Date: Aug 2022 | Updated Date: Mar 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Report Name | India Underwater Camera market |
Forecast period | 2025-2031 |
CAGR | 10.6% |
Growing Sector | Tourism |
The India Underwater Camera market report thoroughly covers the market by type, by distribution channel and by application. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The India Underwater Camera market is growing driven by rising demand for marine research and the growing number of customers interested in underwater photography and videography. This factor has led to a corresponding increase in the demand for underwater cameras in the country. Further, the market for underwater cameras is relatively small but is growing at a steady pace. In recent years, there has been an increase in the number of locals taking up snorkeling and diving as a hobby, which has, in turn, boosted demand for underwater cameras.
According to 6Wresearch, the India Underwater Camera market size is projected to grow at a CAGR of 10.6% during 2025-2031. The growth is spurred by increasing disposable incomes of customers, growing tourism industry and the rise in popularity of water sports. Additionally, the tourism industry is a major contributor to the economy, and it is growing at a rapid pace. This growth is translating into increased demand for underwater cameras, as more and more tourists are looking to capture memories of their time. This is driving up demand for underwater cameras, as people want to be able to take photos and videos of their experiences. However, the high cost of these devices still limits their appeal to a niche group of consumers.
Moreover, India is a popular destination for water sports such as surfing, diving, and fishing. The growing popularity of these activities, especially among the youth population, is expected to drive demand for underwater cameras in the country. In addition, the government focus on developing the country's tourism industry is expected to create new opportunities for growth in the underwater camera market in India.
Key players operating in the India Underwater Camera market include GoPro, Nikon India, Sony India, and Panasonic India. These corporations have a strong presence in the market and together they hold a majority of the India Underwater Camera Market share. GoPro is a leading player and offers a wide range of affordable and easy-to-use cameras that are perfect for amateur shooters or those just looking to capture some fun memories while swimming or snorkelling. Additionally, some of these players hold majority of the India Underwater Camera market share. Moreover, Sony and Panasonic both offer more high-end options for those looking for more features and better image quality, but their prices can be prohibitive for many consumers.
The underwater camera market in the India is regulated by numerous trade policies and laws. The government executes import duties and Value-Added Tax (VAT) upsetting the pricing of overseas camera brands. Moreover, the Ministry of Trade and Consumer Protection Law enforces warranty policies, return rights, and publicity regulations, ensuring reasonable consumer practices. Further, these initiatives have boosted the India Underwater Camera market revenues. Moreover, the government has taken several initiatives to promote domestic production and enhance the margins of the local manufacturers in the country.
The underwater camera market in the India is probable to register sound growth prompted by rising adoption of mirrorless cameras coupled with increasing income levels of the population enables them to buy a premium range of underwater cameras is another factor likely to witness significant growth in the country in the near future. Moreover, the growing incorporation of AI, new technologies, and evolving cloud-driven features will result in bringing smart and advanced products at affordable prices. In addition, the evolution of online mediums will further enhance the product quality and offerings of the companies operating in the industry.
According to Dhaval, Research Manager, 6Wresearch, the DSLR type holds the majority of the market share in the overall India Underwater Camera market. The growth is primarily driven by increasing number of tourists interested in photography and videography as well as rising disposable income of consumers.
The underwater sports application leads the entire market. The growth is attributed to the increasing popularity of water sports and the need for better-quality images and videos. The main drivers of growth are the increasing number of tourists visiting India, the growing middle class, and the rise in disposable incomes. Additionally, the main types of underwater cameras available in India are point-and-shoot cameras, action cameras, and DSLR cameras. Point-and-shoot cameras are the most popular type.
The India Underwater Camera market report provides a detailed analysis of the following market segments -
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Underwater Camera Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Underwater Camera Market Revenues & Volume, 2021 & 2031F |
3.3 India Underwater Camera Market - Industry Life Cycle |
3.4 India Underwater Camera Market - Porter's Five Forces |
3.5 India Underwater Camera Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Underwater Camera Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 India Underwater Camera Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Underwater Camera Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Underwater Camera Market Trends |
6 India Underwater Camera Market Segmentations |
6.1 India Underwater Camera Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Underwater Camera Market Revenues & Volume, By Digital Single Lens Reflex (DSLR), 2021-2031F |
6.1.3 India Underwater Camera Market Revenues & Volume, By Mirrorless, 2021-2031F |
6.1.4 India Underwater Camera Market Revenues & Volume, By Compact , 2021-2031F |
6.2 India Underwater Camera Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 India Underwater Camera Market Revenues & Volume, By Online, 2021-2031F |
6.2.3 India Underwater Camera Market Revenues & Volume, By Offline, 2021-2031F |
6.3 India Underwater Camera Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Underwater Camera Market Revenues & Volume, By Personal , 2021-2031F |
6.3.3 India Underwater Camera Market Revenues & Volume, By Commercial , 2021-2031F |
6.3.4 India Underwater Camera Market Revenues & Volume, By Education & Research Institutes, 2021-2031F |
6.3.5 India Underwater Camera Market Revenues & Volume, By Media & Entertainment, 2021-2031F |
6.3.6 India Underwater Camera Market Revenues & Volume, By Underwater Sports, 2021-2031F |
6.3.7 India Underwater Camera Market Revenues & Volume, By Commercial Photography, 2021-2031F |
7 India Underwater Camera Market Import-Export Trade Statistics |
7.1 India Underwater Camera Market Export to Major Countries |
7.2 India Underwater Camera Market Imports from Major Countries |
8 India Underwater Camera Market Key Performance Indicators |
9 India Underwater Camera Market - Opportunity Assessment |
9.1 India Underwater Camera Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Underwater Camera Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 India Underwater Camera Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Underwater Camera Market - Competitive Landscape |
10.1 India Underwater Camera Market Revenue Share, By Companies, 2024 |
10.2 India Underwater Camera Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |