The digital camera market in APAC is expected to grow from US$ 2,950.78 million in 2021 to US$ 4,725.49 million by 2028; it is estimated to grow at a CAGR of 7.0% from 2021 to 2028.
The China, Japan, and India are major economies in APAC. Expanding demand for mirrorless cameras is the major factor driving the growth of the APAC digital camera market. A mirrorless system camera does not involve a mirror box within its body and are designed with a compact and attractive exterior with an electronic viewfinder paired with interchangeable lens. Such cameras offer convenience in use compared to digital SLR cameras owing to their smaller and lighter structure. Mirrorless camera comprises lens at the front body along with sensor placed inside and a screen along with an optional viewfinder placed at the back. Additionally, such cameras have small, short, and light lenses and are constructed with a tiny LED or OLED screen, which helps to deliver best possible results altogether. Despite their smaller size, such cameras are designed to provide high quality images with outstanding clarity as that of other conventional digital cameras. The limited presence of glass elements within lenses allows quick autofocus. Further, mirrorless cameras are generally composed of APS-C sensor or a Micro Four Thirds sensor, which offers portability and convenience over DSLRs. With the rising adoption of mirrorless cameras, there is increase in variety of lenses and their respective configurations. Such cameras are extensively demanded from budding photographers to various professional photographers owing to compact and sleekier mirrorless designs along with limited noise making. The increasing demand for mirrorless cameras has brought significant revolution in camera industry in terms of technical innovations. Several manufacturers are aiming to match the pace of the changing dynamics of the market by introducing innovative and technologically advanced mirrorless cameras. For instance, Canon EOS R5 has effectively positioned mirrorless cameras as the future of digital cameras market. The company has developed mirrorless cameras, which features pioneering EOS R System cameras that helps promote silent shooting along with improved low-light performance, diversified range of faster, lighter and brighter RF lenses, and other such features. Moreover, other manufacturers such as Nikon have also come up with Z-range of full frame mirrorless cameras with the flagship Z7 II, and have also adjusted the APS-C offering with the Z50. The outperforming camera range offers Nikon Z5, which is known for stylish little shooter, which promotes full-frame features at an economical price range. The camera comprises twin card slots along with 4K UHD capability and continuous shooting speed of 4.5fps. The camera also delivers full weather-sealing, five-stop image stabilization, and a spectacular electronic viewfinder, which results into best possible photography experience. Other types of mirrorless cameras that are gaining significant momentum are Fujifilm X-S10, Olympus OM-D E-M5 Mark III, Panasonic Lumix S5, Fujifilm X-T4, Sony A6000, Sony A7R Mark IV, and Panasonic Lumix S1R, among others. Hence, the expanding demand for mirrorless cameras is expected to create lucrative opportunities for the growth of the digital cameras marketThe COVID-19 is anticipated to cause a significant economic loss in the Asia Pacific region. The consequence and impact can be even worse and totally depends on the spread of the virus. The governments of various Asia Pacific countries are taking possible steps to restrict the spread of the virus by announcing lockdown, which in turn has negatively impacted the revenue generated by the digital camera market. The ongoing COVID-19 is anticipated to cause huge disruptions in the growth of various industries of Asia Pacific region. For instance, China is the global manufacturing hub for various industries and the largest raw material supplier. However, after a strict two-month lockdown especially in Wuhan area, China is now relaxing restrictions as the number of new cases have dropped drastically in past month (<10 cases/ day) and factories have started with preventive measures in place, especially in the crucial consumer electronics sector. However, the uncertainty regarding the future outbreak especially in countries such as India and few other Asian countries, where the graph is going upwards may affect the growth of digital camera market in coming quarters. The disruptions in the demand for tourism activities, film shootings, and other type of gatherings have been impacted due to social distancing norms and restrictions may further affect the demand in Asian countries

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APAC Digital Camera Market Segmentation
APAC Digital Camera Market – By Type
- Compact Digital Camera
- Bridge Camera
- DSLR Camera
- Mirrorless Camera
- Digital Rangefinder Camera
- Line-Scan Camera
APAC Digital Camera Market – By End User
- Personal
- Professional
APAC Digital Camera Market – By Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
APAC Digital Camera Market -Companies Mentioned
- Canon Inc
- Eastman Kodak Company
- FUJIFILM Holdings Corporation
- Hasselblad
- Leica Camera AG
- Nikon Corporation
- OM Digital Solutions Corporation
- Panasonic Corporation
- RICOH IMAGING COMPANY, LTD.
- Sony Corporation

Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Type and End user

Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Australia, China, Japan, South Korea
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 APAC Digital Camera Market – By Type
1.3.2 APAC Digital Camera Market – By End User
1.3.3 APAC Digital Camera Market- By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. APAC Digital Camera Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Asia-Pacific
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. APAC Digital Camera Market – Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Surge in Demand for Lightweight and High-Quality Digital Cameras
5.1.2 Growing Applications of Digital Cameras in Entertainment, Media, and Sports Industries
5.2 Market Restraints
5.2.1 Introduction of Premium Smartphones and High Cost associated with the Digital Cameras
5.3 Market Opportunities
5.3.1 Expanding Demand for Mirrorless Cameras
5.4 Future Trends
5.4.1 Technological Innovations Associated with Digital Cameras
5.5 Impact Analysis of Drivers and Restraints
6. Digital Camera Market – APAC Analysis
6.1 Digital Camera Market APAC Overview
6.2 Digital Camera Market – APAC Revenue and Forecast to 2028 (US$ Million)
7. APAC Digital Camera Market Analysis – By Type
7.1 Overview
7.2 APAC Digital Camera Market Revenue Breakdown, By Type, 2020 and 2028
7.3 Compact Digital Camera
7.3.1 Overview
7.3.2 Compact Digital Camera: APAC Digital Camera Market, Revenue and Forecast to 2028 (US$ Million)
7.4 Bridge Camera
7.4.1 Overview
7.4.2 Bridge Camera: APAC Digital Camera Market- Revenue and Forecast to 2028 (US$ Million)
7.5 Digital Single Lens Reflex (DSLR) Camera
7.5.1 Overview
7.5.2 DSLR Camera: APAC Digital Camera Market- Revenue and Forecast to 2028 (US$ Million)
7.6 Mirrorless Camera
7.6.1 Overview
7.6.2 Mirrorless Camera: APAC Digital Camera Market- Revenue and Forecast to 2028 (US$ Million)
7.7 Digital Rangefinder Camera
7.7.1 Overview
7.7.2 Digital Rangefinder Camera: APAC Digital Camera Market- Revenue and Forecast to 2028 (US$ Million)
7.8 Line-Scan Camera
7.8.1 Overview
7.8.2 Line-Scan Camera: APAC Digital Camera Market- Revenue and Forecast to 2028 (US$ Million)
8. APAC Digital Camera Market Analysis– By End User
8.1 Overview
8.2 APAC Digital Camera Market Breakdown, By End User, 2020 and 2028
8.3 Personal
8.3.1 Overview
8.3.2 Personal: APAC Digital Camera Market- Revenue and Forecast to 2028 (US$ Million)
8.4 Professional
8.4.1 Overview
8.4.2 Professional: APAC Digital Camera Market- Revenue and Forecast to 2028 (US$ Million)
9. APAC Digital Camera Market – Country Analysis
9.1 Overview
9.1.1 APAC Digital Camera Market, Revenue and Forecast to 2028 (US$ Mn)
9.1.2 APAC Digital Camera Market Breakdown, by Country
9.1.2.1 China Digital Camera Market, Revenue and Forecast to 2028 (US$ Mn)
9.1.2.1.1 China Digital Camera Market Breakdown, by Type
9.1.2.1.2 China Digital Camera Market Breakdown, by End User
9.1.2.2 India Digital Camera Market, Revenue and Forecast to 2028 (US$ Mn)
9.1.2.2.1 India Digital Camera Market Breakdown, by Type
9.1.2.2.2 India Digital Camera Market Breakdown, by End User
9.1.2.3 Japan Digital Camera Market, Revenue and Forecast to 2028 (US$ Mn)
9.1.2.3.1 Japan Digital Camera Market Breakdown, by Type
9.1.2.3.2 Japan Digital Camera Market Breakdown, by End User
9.1.2.4 South Korea Digital Camera Market, Revenue and Forecast to 2028 (US$ Mn)
9.1.2.4.1 South Korea Digital Camera Market Breakdown, by Type
9.1.2.4.2 South Korea Digital Camera Market Breakdown, by End User
9.1.2.5 Australia Digital Camera Market, Revenue and Forecast to 2028 (US$ Mn)
9.1.2.5.1 Australia Digital Camera Market Breakdown, by Type
9.1.2.5.2 Australia Digital Camera Market Breakdown, by End User
9.1.2.6 Rest of APAC Digital Camera Market, Revenue and Forecast to 2028 (US$ Mn)
9.1.2.6.1 Rest of APAC Digital Camera Market Breakdown, by Type
9.1.2.6.2 Rest of APAC Digital Camera Market Breakdown, by End Users
10. APAC Digital Camera Market- COVID-19 Impact Analysis
10.1 Overview: Impact Assessment of COVID-19 Pandemic
10.2 Asia-Pacific
11. Industry Landscape
11.1 Overview
11.2 Product Launch
11.3 Business Planning and Strategy
11.4 Collaboration
12. Company Profiles
12.1 Canon Inc.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Eastman Kodak Company
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 FUJIFILM Holdings Corporation
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Nikon Corporation
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Panasonic Corporation
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Sony Corporation
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Leica Camera AG
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 OM Digital Solutions Corporation
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Hasselblad
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 RICOH IMAGING COMPANY, LTD.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary
LIST OF TABLES
Table 1. APAC Digital Camera Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. APAC Digital Camera Market, Revenue and Forecast To 2028 – By Country (US$ Mn)
Table 3. China Digital Camera Market, Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 4. China Digital Camera Market, Revenue and Forecast to 2028 – By End User (US$ Mn)
Table 5. India Digital Camera Market, Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 6. India Digital Camera Market, Revenue and Forecast to 2028 – By End User (US$ Mn)
Table 7. Japan Digital Camera Market, Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 8. Japan Digital Camera Market, Revenue and Forecast to 2028 – By End User (US$ Mn)
Table 9. South Korea Digital Camera Market, Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 10. South Korea Digital Camera Market, Revenue and Forecast to 2028 – By End User (US$ Mn)
Table 11. Australia Digital Camera Market, Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 12. Australia Digital Camera Market, Revenue and Forecast to 2028 – By End User (US$ Mn)
Table 13. Rest of APAC Digital Camera Market, Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 14. Rest of APAC Digital Camera Market, Revenue and Forecast to 2028 – By End Users (US$ Mn)
Table 15. Glossary of Terms, APAC Digital Camera Market
LIST OF FIGURES
Figure 1. APAC Digital Camera Market Segmentation
Figure 2. APAC Digital Camera Market Segmentation – By Country
Figure 3. APAC Digital Camera Market Overview
Figure 4. Mirrorless Camera Held the Largest Market Share in 2020
Figure 5. Professional End User Held the Largest Market Share in 2020
Figure 6. China was the Largest Revenue Contributor in 2020
Figure 7. Asia-Pacific – PEST Analysis
Figure 8. Digital Camera Market– Ecosystem Analysis
Figure 9. Expert Opinion
Figure 10. APAC Digital Camera Market: Impact Analysis of Drivers and Restraints
Figure 11. APAC Digital Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. APAC Digital Camera Market Revenue Share, by Type (2020 and 2028)
Figure 13. Compact Digital Camera: APAC Digital Camera Market- Revenue and Forecast to 2028 (US$ Million)
Figure 14. Bridge Camera: APAC Digital Camera Market- Revenue and Forecast to 2028 (US$ Million)
Figure 15. DSLR Camera: APAC Digital Camera Market- Revenue and Forecast to 2028 (US$ Million)
Figure 16. Mirrorless Camera: APAC Digital Camera Market- Revenue and Forecast to 2028 (US$ Million)
Figure 17. Digital Rangefinder Camera: APAC Digital Camera Market- Revenue and Forecast to 2028 (US$ Million)
Figure 18. Line-Scan Camera: APAC Digital Camera Market- Revenue and Forecast to 2028 (US$ Million)
Figure 19. APAC Digital Camera Market Breakdown, By End User, 2020 and 2028 (%)
Figure 20. Personal: APAC Digital Camera Market- Revenue and Forecast to 2028 (US$ Million)
Figure 21. Professional: APAC Digital Camera Market- Revenue and Forecast to 2028 (US$ Million)
Figure 22. APAC Digital Camera Market, Revenue by Country To 2028 (US$ Mn)
Figure 23. APAC Digital Camera Market Breakdown, by Country, 2020 & 2028 (%)
Figure 24. China Digital Camera Market, Revenue and Forecast To 2028 (US$ Mn)
Figure 25. India Digital Camera Market, Revenue and Forecast To 2028 (US$ Mn)
Figure 26. Japan Digital Camera Market, Revenue and Forecast To 2028 (US$ Mn)
Figure 27. South Korea Digital Camera Market, Revenue and Forecast To 2028 (US$ Mn)
Figure 28. Australia Digital Camera Market, Revenue and Forecast To 2028 (US$ Mn)
Figure 29. Rest of APAC Digital Camera Market, Revenue and Forecast To 2028 (US$ Mn)
Figure 30. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
- Canon Inc
- Eastman Kodak Company
- FUJIFILM Holdings Corporation
- Hasselblad
- Leica Camera AG
- Nikon Corporation
- OM Digital Solutions Corporation
- Panasonic Corporation
- RICOH IMAGING COMPANY, LTD.
- Sony Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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