Camera sales hit highest level for three years driven by mirrorless and a compact rebound: Digital Photography Review

The latest commerce figures from commerce physique CIPA current further cameras have been shipped between January and Might 2024 than within the equivalent durations of 2022 or 2023.

The figures, revealed as we communicate, current 2.3M interchangeable lens cameras have been shipped: a 9.8% rise over the equivalent interval of 2023, and 11.9% up on 2022. Within the meantime, cameras with built-in lenses have been up 7% in distinction with the equivalent interval of ultimate 12 months, leaving them 4.2% lower than 2022.

The price of ILC product sales grew 28.6% in distinction with remaining 12 months, to ¥251.8B ($1.6B), aided partly by the weak Yen boosting the value obtained from overseas product sales. Within the meantime, the value of fixed-lens digicam product sales rocketed by 34.7%, to ¥37.6B ($233M) which signifies that in any case various the event throughout the compact market is being pushed by high-value cameras equivalent to Fujifilm’s X100 VI.

Unsurprisingly, the shift from DSLR to mirrorless continued, with mirrorless cameras making up 83.7% of ILC shipments by amount and 92.9% by value. This compares with mirrorless making up 78.4% of volumes and 90.7% by value, for the same interval in 2023. With the overwhelming majority of digicam makers focusing their efforts on mirrorless, this sample seems susceptible to proceed.

In its annual outcomes, posted in Might, Nikon upped its prediction of the size of the ILC market from 6.1M cameras to 6.2M cameras for the current financial 12 months, which could characterize a 6.7% improve over the 2023/24 figures.