Camera accessories are primarily used to enhance efficiency, usability, accessibility and usage period of these cameras. Accessories including bags, flashes, cases, USB cables, large viewfinders, comfortable neck straps and durable tripods are in trend these days. They provide add-on support to the cameras, enhances image quality and help in providing countless special effects. For a long time, buyers were of the view that camera manufacturers alone have the capacity to produce accessories that are better compatible with the camera. This scenario is rapidly changing with the availability of standard quality accessories in the wholesale market along with new players venturing into the industry.
Scope of the Report:
This report focuses on the Camera Accessories in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The high demand for advanced digital cameras to be one of the primary growth factors for the camera accessories market. These advances enable advanced cameras to have compatibility with several lenses, that enables the users to customize their cameras as per requirement. Also, the high demand for advanced cameras lead to increased sales of other camera accessories, including bags, cases, and straps. This increased demand provides traction to the photography equipment market.
As the majority of the revenue in the global digital camera market comes from developing nations in APAC, the prices of camera accessories have a limited scope for increment because of price-sensitive consumers. APAC has the largest consumer base for digital cameras, with countries such as China and India contributing major shares to the revenue of the global camera market. In such a scenario, camera and camera accessory manufacturers need to constantly engage in competitive pricing, which ultimately leads to a decline in the average cost of these accessories.
The worldwide market for Camera Accessories is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new Planet Market Reports study.
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Market Segment by Manufacturers, this report covers
Miller Camera Support Equipment
Sigma Corporation of America
Market Segment by Regions, regional analysis covers
North America United States, Canada and Mexico
Europe Germany, France, UK, Russia and Italy
Asia-Pacific China, Japan, Korea, India and Southeast Asia
South America Brazil, Argentina, Colombia etc.
Middle East and Africa Saudi Arabia, UAE, Egypt, Nigeria and South Africa
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Market Segment by Type, covers
Bags and Cases
Batteries and Chargers
Market Segment by Applications, can be divided into
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Name: Jennifer Daniel
Organization: Planet Market Reports