About Waterproof Camera
Waterproof cameras allow the user to capture distinctly memorable images of even underwater subjects. There are two main types of waterproof cameras including waterproof compacts and action cameras. Waterproof compacts tend to resemble an ordinary compact camera with the main difference being that they are waterproof. Action cameras are generally much smaller than waterproof compact cameras making them lighter and easier to mount via a chest harness or helmet mount or similar.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Japanese Players will contribute the maximum growth to Global Waterproof Camera market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Fujifilm Holdings Corporation (Japan), Nikon Corporation (Japan), GoPro, Inc. (United States), Canon Inc. (Japan), Kodak (United States), Samsung (South Korea), Sony Corporation (Japan), Honeywell International Inc. (United States), Panasonic Corporation (Japan) and Robert Bosch GmbH (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are FLIR Systems (United States), Hanowa (Switzerland) and Olympus Corporation (Japan).
Segmentation Overview
AMA Research has segmented the market of Global Waterproof Camera market by Type (4K, 1080P and Others), Application (Security & Surveillance, Media & Entertainment, Travel & Tourism and Others) and Region.
On the basis of geography, the market of Waterproof Camera has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online Sale will boost the Waterproof Camera market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
High Demand for Underwater Cameras with Advanced Features and Rising Popularity of the Social Sites
Market Growth Drivers:
Increased Popularity of Underwater Photography, Rise in the Disposable Income of the People in Developing Countries and Growth in the Travel and Tourism Industry
Challenges:
Slowdown of the World Economy May Affect the Market
Restraints:
Fluctuations in the Prices of the Raw Material Used In the Production of Cameras
Opportunities:
Growing Consumer Electronic Industry Worldwide, Technological Advancements in the Cameras and Growth in the E-Commerce Industry
Market Leaders and their expansionary development strategies
On 9th May 2018, Canon Inc. has announced that it has concluded a stock purchase agreement with BriefCam Ltd. to acquire BriefCam. BriefCam develops and markets video content analysis (VCA) software that utilizes proprietary Video Synopsis technology.
On 23rd April 2019, Nikon Corporation releases the COOLPIX W150 compact digital camera. It is a waterproof and shockproof camera with a wide variety of scene modes and editing functions to offer users an enjoyable shooting experience
Key Target Audience
Waterproof Camera Manufacturers, Research Professionals, Emerging Companies, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End user
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.