“You’re talking about a 10-15% decline [in DSLR shipments] all over the world. Which is kind of shocking because that market’s been growing double digits for almost ten years,” said Christopher Chute, market intelligence firm IDC’s research director of worldwide digital imaging.
According to Mr. Chute’s research, the rate of market decline is accelerating each quarter — with global shipments of all digital cameras falling 36.2% to 19.2 million units in the second quarter alone, and interchangeable lens cameras, which include DSLRs, falling 10.9% to just 4 million units shipped. Canon has sold 23% less cameras than a year earlier, Nikon is down 18.2%, and Sony and Fujifilm are each off about 35%
Can it be as simple as more people have less money?
Can it be as simple as more people have less money?
Yep.
I can add to this that Apple and Samsung started to have big problems with their top phones on some markets.
Wait, so shooting DSLR video's of flowers doesn't pay handsomely? ;)
Wait, so shooting DSLR video's of flowers doesn't pay handsomely? ;)
Nope, you need to add some pretty kitty to get paid in this case.
So wait, you mean nothing last forever especially sales growth?
Better check other post on this
http://www.personal-view.com/talks/discussion/8367/arithmetic-population-and-energy-#Item_1
Canon Inc. (7751), the world’s largest camera maker, cut its annual profit forecast and predicted its first drop in sales of models with an interchangeable lens as consumers switch to smartphones to take photos.
Net income will probably total 240 billion yen ($2.5 billion) for the year ending December, the Tokyo-based company said in a statement yesterday, cutting its earlier forecast of 260 billion yen. The new projection missed the 250.8 billion-yen average of 21 analyst estimates compiled by Bloomberg.
The company spent 50 billion yen buying back its own shares last month after the stock tumbled to close at 2,935 yen on Sept. 2, the lowest since December 2012.
Over-all dealers whom I spoke with report that sales are down, and have been for a few years now. Replacement and upgrade sales are in the doldrums. Buyers aren't terribly motivated, and lack of true innovation by most players seems to be at the heart of the problem.
http://www.luminous-landscape.com/essays/pdn_photoplus_2013.shtml
Btw, innovation have nothing to do with it.
Further market consolidation is inevitable.
Innovation has everything to do with it. The iPhone is an innovation for a start.
Innovation has everything to do with it. The iPhone is an innovation for a start.
Andrew, Andrew. Let's not start it all again, ok?
Camera sales dropped 6.9 percent, following the continued decline of video camera and compact point-and-shoots -- its imaging arm saw a total loss of $24 million.
Perhaps the simple reason is that the cameras are just good enough!!! In 2005 my first digital camera was a nikon 6 megapixel D70 which I could barely use above iso 400 and had a DR in the 9-10 stops even in RAW. I bought it for about $ 1200, with today inflation it would be nearer to $ 1800/2000.
Now I can buy a Nikon d5200/d5300 with 24 megapixel, good lowlight and about 14 stop DR, which would rival or beat many of the high end medium format back of 5 years ago for $ 800. You can even film a movie with it LOL
So perhaps the reason is as simple as this. Except for the pixel peepers that never print, a 24 megapixel without olpf would give you very nice A2/A1 size prints which 99.9% people will never do. In our society that everything has to be bigger and better every-time and companies should always be expanding exponentially to be valued by speculators in the stock exchange, all these electronics companies are going to face the good enough wall, where we reach a time when the human being becomes the limiting factor. Where people will only replace a product when it is really old or broken.
For the consolidated financial forecasts for the year ending March 31, 2014, the previous net sales forecast is revised downward to incorporate the prediction for the Imaging Products Business that the sales volume of the Digital camera—Interchangeable Lens Type and Interchangeable lens will be dragged down due to weak market conditions .
http://www.nikon.com/about/ir/ir_library/result/pdf/2014/20131031_e.pdf
Taiwan-based ODMs Ability Enterprise, Altek, Foxconn Electronics (Hon Hai Precision Industry) and Asia Optical will ship a total of 4.05 million digital cameras in the fourth quarter of 2013, decreasing 20.2% on quarter and 49.5% on year, according to Digitimes Research.
As the camera market shrunk due to sluggish business condition, the 1st half sales volume decreased in all product groups year on year. Thus, sales and income reduced ¥28.5 billion and ¥10.9 billion, respectively. After the estimated market size is revised due to lower-than-expected market condition, the forecasts for sales and operating income are lowered by ¥30 billion and ¥6 billion, respectively
http://www.nikon.com/about/ir/ir_library/result/pdf/2014/14second_all_e.pdf
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