The Photographic And Photocopying Equipment Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2011-2022) and extends its insights into a ten-year forecast period (2024-2033).
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According to The Business Research Company’s Photographic And Photocopying Equipment Global Market Report 2024, The photographic and photocopying equipment market size has grown strongly in recent years. It will grow from $40.54 billion in 2023 to $43.01 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to film-based photography, printing and reproduction needs, analog photography, consumer photography, business document management.
The photographic and photocopying equipment market size is expected to see strong growth in the next few years. It will grow to $53.06 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to digital photography and imaging, office automation and digitization, sustainability and eco-friendly equipment, remote work and hybrid offices, professional and creative photography. Major trends in the forecast period include mirrorless cameras and dslrs, 3D printing and scanning, compact and portable printers, AI and image recognition, high-speed and high-resolution printing.
Increasing demand for digital cameras and accessories is anticipated to fuel the growth for photographic and photocopying equipment market. Digital cameras and accessories refer to a range of electronic devices and supplementary equipment used for capturing, storing, and processing digital images and videos. Photographic and photocopying equipment complements digital cameras by enabling users to print, scan, copy, edit, and enhance digital images and documents, serving various personal, professional, and creative purposes. For instance, in August 2023, according to the Camera & Imaging Products Association, a Japan-based organization, mirrorless cameras achieved a remarkable 20% year-on-year growth, reaching 253 billion yen ($17 billion) in the first half of the year, marking a third consecutive record high. Further, China witnessed the most significant increase at 44%, while Japan and Europe registered growth of 30% and 9%, respectively. Therefore, the increasing demand for digital cameras and accessories is expected to propel the growth of the photographic and photocopying equipment market.
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The photographic and photocopying equipment market covered in this report is segmented –
1) By Type: Cameras (Except Television And Video); Projectors; Photocopying Equipment; Other Photographic And Photocopying Equipment
2) By Capacity: Small; Medium; Large
3) By Operation: Autonomous; Semi-Autonomous; Manual
4) By Application: Household; Commercial
The photographic and photocopying equipment market report table of contents includes:
1.Executive Summary
2.Photographic And Photocopying Equipment Market Characteristics
3.Photographic And Photocopying Equipment Product/Service Analysis -Product/Service Examples
4.Photographic And Photocopying Equipment Market Trends And Strategies
5.Photographic And Photocopying Equipment Market – Macro Economic Scenario
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68. Global Photographic And Photocopying Equipment Market Competitive Benchmarking
69. Global Photographic And Photocopying Equipment Market Competitive Dashboard
70. Key Mergers And Acquisitions In The Photographic And Photocopying Equipment Market
71. Photographic And Photocopying Equipment Market Future Outlook and Potential Analysis
72. Appendix
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