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Global Camera Accessories Market 2017-2021

Global Camera Accessories Market 2017-2021

About Camera Accessories

Camera accessories are equipment used by photographers to enhance the camera performance. A camera is an optical device used to capture and store images and videos in a digital format. Several digital cameras, such as point-and-shoot cameras, have built-in lenses. Cameras such as mirrorless interchangeable lens cameras (MILCs) and digital single-lens reflex (DSLR) cameras have interchangeable lenses. The global camera accessories market is driven by many growth factors. One of the major drivers for this market is the increase in the use of cameras as they are used in the travel and tourism industry, to upload pictures and videos on social media platforms, and in the film industry. Another major driver for the global camera accessories market is the increase in the replacement of old camera accessories.

Technavio’s analysts forecast the global camera accessories market to decline at a CAGR of (3.75%) during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global camera accessories market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of camera accessories, including lenses, batteries, chargers, docking stations, tripods, bags, and cases.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Camera Accessories Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Canon
  • Nikon
  • Panasonic
  • Samsung Electronics
  • Sony
Other prominent vendors
  • Benro
  • Delkin Devices
  • Fujifilm
  • Metz-Werke
  • Miller Camera Support Equipment
  • Olympus
  • Ricoh
  • Sigma Corporation of America
  • Slik
  • Velbon
  • VitecGroup
Market driver
  • High demand for advanced digital cameras
  • For a full, detailed list, view our report
Market challenge
  • Declining cost of camera accessories
  • For a full, detailed list, view our report
Market trend
  • Technological advances
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Camera Accessories Market 2017-2021

Technavio recognizes the following companies as the key players in the global camera accessories marketCanon, Nikon, Panasonic, Samsung Electronics, and Sony:

Other Prominent Vendors in the market are: Benro, Delkin Devices, Fujifilm, Metz-Werke, Miller Camera Support Equipment, Olympus, Ricoh, Sigma Corporation of America, Slik, Velbon, and VitecGroup.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Technological advances. With the rising demand for advanced digital cameras, technological advances in the global camera accessories market are becoming evident. Some of the major advances are the development of new accessories that can be used to enhance the performance and utility of cameras and accessories that provide better stability and new angles to photography. Leading DSLR and digital camera manufacturers, such as Nikon and Canon, are providing a wide variety of new and advanced accessories for their cameras. These accessories are made available to consumers through manufacturers’ online channels”

According to the report, one of the major drivers for this market is High demand for advanced digital cameras. The global sales of camera accessories are largely proportional to the sales of digital cameras, such as DSLR cameras and MILCs. As a result of continuous technological advances in digital imaging, a number of DSLRs and MILCs with HD picture and video quality are now available in the market. Apart from the improved picture and video quality, a large number of advanced cameras offer compatibility with a wide variety of lenses. This allows users to customize their cameras to suit their requirements. The increasing compatibility of cameras with lenses having different resolutions, apertures, and focal lengths has resulted in a rise in the sales of lenses, thereby contributing to the growth of the global camera accessories market. The high demand for advanced digital cameras has also resulted in the increased sales of other camera accessories, including bags, cases, and straps.

Further, the report states that one of the major factors hindering the growth of this market is Declining cost of camera accessories. With the continuous rise in demand for camera accessories from amateur and professional photographers, the prices of camera accessories are steadily declining as of 2017. As the majority of the revenue in the global digital camera market comes from developing nations in APAC, the prices of camera accessories have a limited scope for increment because of price-sensitive consumers. APAC has the largest consumer base for digital cameras, with countries such as China and India contributing major shares to the revenue of the global camera market. In such a scenario, camera and camera accessory manufacturers need to constantly engage in competitive pricing, which ultimately leads to a decline in the average cost of these accessories.

Companies Mentioned

Canon, Nikon, Panasonic, Samsung Electronics, and Sony, Benro, Delkin Devices, Fujifilm, Metz-Werke, Miller Camera Support Equipment, Olympus, Ricoh, Sigma Corporation of America, Slik, Velbon, and VitecGroup.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market overview
      • Table Global camera accessories market: Overview
    • Market size and forecast by revenue
      • Table Global camera accessories market by revenue 2016-2021 ($ bn)
    • Market size and forecast by shipment
      • Table Global camera accessories market by shipment 2016-2021 (millions of units)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by type
    • Global camera accessories market by type
      • Table Global camera accessories market by type 2016 (% revenue share)
      • Table Global camera accessories market by type 2016-2021 (% revenue share)
    • Global camera accessories market by lenses
      • Table Global camera accessories market by lenses 2016-2021 ($ bn)
      • Table Global camera accessories market by lenses 2016-2021 (millions of units)
    • Global camera accessories market by bags and cases
      • Table Global camera accessories market by bags and cases 2016-2021 ($ bn)
      • Table Global camera accessories market by bags and cases 2016-2021 (millions of units)
    • Global camera accessories market by tripods
      • Table Global camera accessories market by tripods 2016-2021 ($ bn)
      • Table Global camera accessories market by tripods 2016-2021 (millions of units)
    • Global camera accessories market by batteries and chargers
      • Table Global camera accessories market by batteries and chargers 2016-2021 ($ bn)
      • Table Global camera accessories market by batteries and chargers 2016-2021 (millions of units)
    • Global camera accessories market by docking stations
      • Table Global camera accessories market by docking stations 2016-2021 ($ bn)
      • Table Global camera accessories market by docking stations 2016-2021 (millions of units)
    • Global camera accessories market by flash cards
      • Table Global camera accessories market by flash cards 2016-2021 ($ bn)
      • Table Global camera accessories market by flash cards 2016-2021 (millions of units)
    • Global camera accessories market by others
      • Table Global camera accessories market by others 2016-2021 ($ bn)
      • Table Global camera accessories market by others 2016-2021 (millions of units)
  • Market segmentation by distribution channel
    • Global camera accessories market by distribution channel
      • Table Global camera accessories market by distribution channel 2016 (% revenue share)
      • Table Global camera accessories market by distribution channel 2016 (% shipment share)
    • Global camera accessories market by offline distribution channel
      • Table Global camera accessories market by offline distribution channel 2016-2021 ($ bn)
      • Table Global camera accessories market by offline distribution channel 2016-2021 (millions of units)
    • Global camera accessories market by online distribution channel
      • Table Global camera accessories market by online distribution channel 2016-2021 ($ bn)
      • Table Global camera accessories market by online distribution channel 2016-2021 (millions of units)
  • Regional landscape
    • Geographical segmentation
      • Table Global - Market size and forecast 2016-2021 (% revenue share)
      • Table Regional comparison
    • Americas - Market size and forecast by revenue
      • Table Americas - Market size and forecast by revenue 2016-2021 ($ bn)
      • Table Americas - Year-over-year growth (% revenue)
    • Americas - Market size and forecast by shipment
      • Table Americas - Market size and forecast by shipment 2016-2021 (millions of units)
      • Table Americas - Year-over-year growth (% shipment)
      • Table Top 3 countries in Americas
    • EMEA - Market size and forecast by revenue
      • Table EMEA - Market size and forecast by revenue 2016-2021 ($ bn)
      • Table EMEA - Year-over-year growth (% revenue)
    • EMEA - Market size and forecast by shipment
      • Table EMEA - Market size and forecast by shipment 2016-2021 (millions of units)
      • Table EMEA- Year-over-year growth (% shipment)
      • Table Top 3 countries in EMEA
    • APAC - Market size and forecast by revenue
      • Table APAC - Market size and forecast by revenue 2016-2021 ($ bn)
      • Table APAC - Year-over-year growth (% revenue)
    • APAC - Market size and forecast by shipment
      • Table APAC - Market size and forecast 2016-2021 (millions of units)
      • Table APAC - Year-over-year growth (% shipment)
      • Table Top 3 countries in APAC
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Technological advances
      • Table Technological advances in cameras and accessories by Canon and Nikon
    • Rising popularity of online retail
    • Increased market penetration of smartphone camera accessories
    • Shift in demand from developed nations to developing nations
    • Introduction of memory cards with Wi-Fi capabilities
  • Vendors landscape
    • Competitive scenario
    • Key leading vendors
      • Table Canon: Business segmentation
      • Table Nikon: Business segmentation
      • Table Panasonic: Business domain companies
      • Table Samsung Electronics: Business segmentation
      • Table Sony: Business segmentation
    • Other prominent vendors
      • Table Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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