According to IMARC Group's latest research report, titled "Medium Format Camera Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights into the medium format camera market share. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global medium format camera market size reached US$ 146.5 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 181 Million by 2027, exhibiting a growth rate (CAGR) of 2.8% during 2022-2027.
Medium Format Camera Market Outlook:
Medium format camera represents technologically advanced digicams utilized to capture images slightly smaller than the large format film size. It is generally built around interchangeable parts and not assembled as a single camera body. Medium format camera provides a sharp image that can be cropped or zoomed in without affecting the image quality. It enables old medium-format cameras to be converted into digital cameras. Medium format camera also offers superior image quality and unbeatable color production. Consequently, it is extensively used for commercial photography in numerous industries, including fashion, media and entertainment, advertising, etc.
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Medium Format Camera Market Growth:
The growing consumer inclination towards digital and wide-angle cameras for fashion, food, lifestyle, and travel photography is among the key factors driving the medium format camera market. Additionally, the emerging trend of vlogging and the increasing usage of social media platforms are further stimulating the market growth. Besides this, the rising number of online and offline distribution channels across countries and the inflating expenditure capacities by leading manufacturers on marketing campaigns to create brand awareness among the target customers are acting as significant growth-inducing factors. Moreover, extensive investments in RD activities to develop product variants with more compact and lighter bodies and the same shooting capabilities are also positively influencing the global market. In line with this, they have the ability to combine the features of a wide-angle lens and a long lens in a single device and are incorporated with new features, including enhanced autofocus and image stabilization, which is expected to bolster the medium format camera market in the coming years.
Key Market Segmentation:
Competitive Landscape:
- Leica Camera (GM)
- FUJIFILM HOLDINGS CORPORATION (FUJIF)
- Hasselblad
- Phase One
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
- Market Performance
- Market Outlook
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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