Waterproof Camera Market Size, Share, Emerging Trends, Growth Factors, Development Status, Historical Analysis, Top Leaders and Comprehensive Research Study 2023
Apr 2, 2019
Market Research Future published a research report on “Waterproof Camera Market Research Report- Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Pune, India - April 2, 2019 /MarketersMedia/ —
Market Insight
The waterproof camera market is set to grow to a value of USD 10.4 billion by 2023, accompanied by a healthy CAGR of 18.5% during the forecast period (2017-2023), acknowledges the new report by Market Research Future (MRFR).
Market Drivers and Restraints
The waterproof camera market owes its tremendous growth to various factors. People who hike and trek often encounter issues with their cameras falling off into water. Hence, to address these issues, the market for waterproof cameras is finding strong foundation on a global level. The waterproof camera lets users click and capture any moment on camera, irrespective of the weather. The global waterproof camera market is projected to accrue a massive amount of revenue in the forthcoming years as a result of the expanding travel industry which backs up the augmentation of the product demand in various regions around the world.
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Key Players
The prominent players in the market of Waterproof Camera market are – Fujufilm (Japan), Nikon (Japan), Go-Pro (U.S.), Canon (Japan), Kodak (U.S.), Honeywell International Inc. (U.S.), Panasonic Corporation (Japan), Robert Bosch Gmbh (Germany), FLIR Systems (U.S.), Olympus (Japan) among others.
Global Waterproof Camera Market Structure
By Type
• Normal Waterproof Cameras
• Disposable Waterproof Cameras
By Range
• 10-30 m
• 30-60 m
• 60-80 m
• 80 m & above
By Application
• Security & Surveillance
• Media & Entertainment
• Travel & Tourism
• Others
By Region
• North America
• Europe
• Asia Pacific
• Row
Regional Analysis:
North America is dominating the market of Waterproof Camera, with more than 40% of market share. high disposable income of North American countries such as U.S. and Canada is anticipated to be the major driving factor. Europe stands as second biggest market due to the growing travel and tourism industry. Europe attracts more than 100 million tourists every year and as the trend of social media is growing, people are carrying handheld devices to capture the moment and share it on social media platforms. Asia Pacific is growing with steady growth rate and is estimated to cross USD 2 billion market size by the end of year 2023.
Industry Trend
In July 2018, Z-Edge WiFi sports action cam was launched which is available for USD 70. The waterproof camera offers various features of GoPro at a fraction of the latter's cost. The reduction in the cost price is a popular trend adopted by various manufacturers of waterproof camera. In simple words, profit increases owing to an increase in demand when there is a reduction in the product cost.
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Intended Audience
• Camera Manufacturers and Suppliers
• Distributors
• Waterproof Technology Solution Providers
• Research firms
• Consultancy firms
• Semiconductor Manufacturing Companies
• Stakeholders
• End-user sectors
• Technology Investors
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members
Contact Info:
Name: Abhishek Sawant
Organization: Market Research Future
Website: https://www.marketresearchfuture.com
Source: MarketersMedia
Release ID: 497619
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