Mirrorless digital still camera revenue to reach USD825 Million in 2015, says In-Stat

Mirrorless digital still camera revenue to reach USD825 Million in 2015, says In-Stat

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In the world of digital still cameras (DSCs), there were basically two market segments from which to choose, either the expensive digital single lens reflex (DSLR) or the more affordable, not-as-sophisticated compact DSC. However, a middle ground was established two years ago with the introduction of the mirrorless camera. Claiming this new middle ground opportunity, mirrorless cameras are expected to generate USD825 million in revenue in 2015, according to In-Stat.
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“The mirrorless camera is essentially a DSLR without its reflex mirror, and it creates a price and quality bridge between the compact cameras and the DSLRs,” says Stephanie Ethier, Senior Analyst. “Their advantages are smaller size, less weight, and smaller and lighter lenses. Although the mirrorless camera is still in its infancy as far as shipments are concerned, it will significantly impact the compact DSC market.”

According to the market research firm’s finding, in spite of innovations and improvements expected during the forecast period, the average bill of materials (BOM) cost of the compact DSC will actually decrease. High-end DSLRs (including mirrorless) will grow faster in the APAC and EMEA regions. Semiconductor vendors will continue to take advantage of opportunities in sensors, image processors, inertial (MEMS) components, and microcontrollers. By 2015, interchangeable lens DSLRs and various implementations of mirrorless cameras will account for 40% of worldwide DSC revenues.

Get the latest report: Digital Still Cameras: Devices, Features, Lenses, Sensors, and Semiconductors

Visit In-Stat at www.in-stat.com

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