United States (US) Digital Camera Market (2023-2029) | Size, Trends, Analysis, Industry, Share, Segmentation, Value, Growth, Revenue, Outlook & COVID-19 IMPACT

Market Forecast By Product (Built-in Lens Camera, Interchangeable Lens Camera, DSLR, Non-reflex) And Competitive Landscape

Product Code: ETC363061 Publication Date: Aug 2022 Updated Date: May 2024 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

US Digital Camera Market | Country-Wise Share and Competition Analysis

In the year 2021, China was the largest exporter in terms of value, followed by Japan. It has registered a growth of 6.94% over the previous year. While Japan registered a growth of 15.98% as compared to the previous year. In the year 2017, China was the largest exporter followed by Japan. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, the USA has a Herfindahl index of 2424 in 2017 which signifies moderately concentrated also in 2021 it registered a Herfindahl index of  1681 which signifies moderately concentrated in the market.

US Digital Camera Market | Country-Wise Share and Competition AnalysisUS Digital Camera Market - Export Market Opportunities

US Digital Camera Market - Export Market Opportunities

Topics Covered in the United States (US) Digital Camera Market

United States (US) Digital Camera Market report thoroughly covers the market by product. The market outlook report provides an unbiased and detailed analysis of the ongoing 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.

United States (US) Digital Camera Market Synopsis

The United States Digital Camera Market is estimated to surge in the country underpinned by the increasing popularity of social media platforms like Instagram and Snapchat, which have increased the need to create visually appealing content to gain followers, this has resulted in an increased need for premium quality cameras. Furthermore, technology advancements have been gaining popularity with the offering of smart features such as Wi-Fi connectivity, touchscreens, and instant content-sharing options, which has increased the adoption of the advanced range digital cameras and this has further resulted in a massive surge in the growth of the United States (US) Digital Camera Market which is a part of the North America Digital Camera market.

According to 6Wresearch, the United States (US) Digital Camera Market size is projected to gain traction during 2023-2029. The market has been propelling in the country driven by various drivers such as an increase in the development of camera technology and rising social media platforms requiring quality video & image content. Additionally, mirrorless cameras are likely to open up the corridors for market expansion on account of their advanced features similar to DSLRs and come in smaller sizes with lightweight options. Moreover, an increase in the number of vloggers and live video streaming activities is proliferating the demand for high-end digital cameras to capture high pixel count images, this is further estimated to surge the growth of the United States Digital Camera industry. However, smartphones are proven a major threat to market growth. Nevertheless, the growing investment in the technological development of cameras is estimated to augment the market growth at a tremendous rate in the coming years.

COVID-19 Impact on the United States (US) Digital Camera Market

COVID-19 had an adverse influence on the United States Digital Camera Market growth. The pandemic forced businesses and other retail stores to shut down. Also, various strict measures imposed in the country to stop the transmission of the COVID-19 virus were social distancing, ceased in the product supply which resulted in delayed in product manufacturing and further decreased product demand as population spending on essential items only.

Key Players in the United States (US) Digital Camera Market

Several measure companies are operating seamlessly in the country and have secured a strong presence with their excellent quality camera ranges.

  • Canon has been an emerging company across the world, that offers a wide range of quality cameras including, digital cameras.
  • Nikon is a leading player in the country, offering a quality range of cameras at competitive prices. The ranges include mirrorless and professional-grade DSLRs.
  • Sony has a significant presence all across the globe and has a strong presence in the country, which facilitates advanced features and functionalities such as high-resolution images & videos.
  • Fujifilm is another prominent player in the country, offering an extensive range of digital products and advanced technology-integrated products, including digital cameras.

Market Analysis by Product

According to Shivankar, Research Manager, 6Wresearch, the mirrorless cameras encompassing both built-in lens cameras and interchangeable lens cameras, are experiencing prominent growth in the market on account of their significant features like, lightweight and easy to use while maintaining smart functionalities similar to DSLRs.

Key attractiveness of the report

  • COVID-19 Impact on the Market.
  • 10 Years Market Numbers.
  • Historical Data Starting from 2019 to 2022.
  • Base Year: 2022.
  • Forecast Data until 2029.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • United States (US) Digital Camera Market Outlook
  • Market Size of United States (US) Digital Camera Market, 2022
  • Forecast of United States (US) Digital Camera Market, 2029
  • Historical Data and Forecast of United States (US) Digital Camera Revenues & Volume for the Period 2019 - 2029
  • United States (US) Digital Camera Market Trend Evolution
  • United States (US) Digital Camera Market Drivers and Challenges
  • United States (US) Digital Camera Price Trends
  • United States (US) Digital Camera Porter's Five Forces
  • United States (US) Digital Camera Industry Life Cycle
  • Historical Data and Forecast of United States (US) Digital Camera Market Revenues & Volume By Product for the Period 2019 - 2029
  • Historical Data and Forecast of United States (US) Digital Camera Market Revenues & Volume By Built-in Lens Camera for the Period 2019 - 2029
  • Historical Data and Forecast of United States (US) Digital Camera Market Revenues & Volume By Interchangeable Lens Camera for the Period 2019 - 2029
  • Historical Data and Forecast of United States (US) Digital Camera Market Revenues & Volume By DSLR for the Period 2019 - 2029
  • Historical Data and Forecast of United States (US) Digital Camera Market Revenues & Volume By Non-reflex for the Period 2019 - 2029
  • United States (US) Digital Camera Import Export Trade Statistics
  • Market Opportunity Assessment By Product
  • United States (US) Digital Camera Top Companies Market Share
  • United States (US) Digital Camera Competitive Benchmarking By Technical and Operational Parameters
  • United States (US) Digital Camera Company Profiles
  • United States (US) Digital Camera Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Product

  • Built-In Lens Camera
  • Interchangeable Lens Camera
  • DSLR
  • Non-Reflex

United States (US) Digital Camera Market: FAQs

An increase in the number of social media influencers and increasing technological advancement in cameras are some of the factors fuelling the United States (US) Digital Camera Market growth.
High competition from smartphones equipped with advanced features is a challenge faced by the United States (US) Digital Camera Market.
The mirrorless cameras segment is gaining traction in the market of their portability and advanced features that offer high performance.
The rising adoption of mirrorless cameras due to their advanced features and social media platforms is gaining popularity. These are some ongoing opportunities in the United States (US) Digital Camera Market.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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