How large is the photographic and photocopying equipment market, and what is its growth trajectory?
The photographic and photocopying equipment market size has grown strongly in recent years. It will grow from $42.21 billion in 2024 to $44.79 billion in 2025 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 $55.3 billion in 2029 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.
Get Your Free Sample of The Global Photographic And Photocopying Equipment Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2870&type=smp
What are the key forces behind the photographic and photocopying equipment market’s growth in recent years?
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.
What are the major segments of the photographic and photocopying equipment market?
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
Subsegments:
1) By Cameras (Except Television And Video): Digital Cameras, Film Cameras, Camera Lenses
2) By Projectors: Digital Projectors, LCD Projectors, DLP Projectors
3) By Photocopying Equipment: Analog Photocopiers, Digital Photocopiers, Multifunction Printers
4) By Other Photographic And Photocopying Equipment: Camera Accessories (Tripods, Flashes), Printing Plates, Photographic Films
Order your report now for swift delivery
Which companies dominate the photographic and photocopying equipment market?
Major companies operating in the photographic and photocopying equipment market include Canon Inc., Ricoh Group, Sony Corporation, Sharp Corporation, Nikon Corp, Fujifilm Corporation, Panasonic Corporation, Logitech International S.A., GoPro Inc., Olympus Corporation., Samsung Electronics Co., Xerox Corporation, Avid Technology Inc., X-Rite Inc., Eastman Kodak Company, Konica Minolta Inc., Polaroid Corporation, Leica Camera AG, Victor Hasselblad AB, Mamiya Digital Imaging Co. Ltd., Pentax Ricoh Imaging Company Ltd., Sigma Corporation, Tamron Co. Ltd., Tokina Co. Ltd., Schneider Kreuznach, Carl Zeiss AG, Fujinon Corporation, Rodenstock GmbH, Sinar AG, Linhof & Studio Ltd., Horseman Co. Ltd.
What are the most influential trends expected to drive the photographic and photocopying equipment market forward?
Major companies operating in the photographic and photocopying equipment market are focused on developing advanced photographic equipment such as CRANE 4, to gain a competitive advantage and enhance their product offerings. CRANE4 is an exceptional gimbal, enabling creative freedom in filmmaking. For instance, in July 2023, Guilin Zhishen Information Technology Co., Ltd. (Zhiyun-Tech), a China-based electronic equipment manufacturer, launched the CRANE 4 Gimbal for DSLRs and cinema cameras, aiming to empower filmmakers and content creators worldwide. Notable features include built-in balance indicator lights for quick motor balance assessment and Bluetooth connectivity, enabling direct shutter control for compatible cameras, eliminating the need for cables, and allowing remote recording to start/stop and photo capture activation.
What are the major regional insights for the photographic and photocopying equipment market, and which region holds the top position?
Asia-Pacific was the largest region in the photographic and photocopying equipment market in 2023. The Western Europe was the second largest region in the photographic and photocopying equipment. The regions covered in the photographic and photocopying equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Photographic And Photocopying Equipment Market Report 2025 Offer?
The photographic and photocopying equipment market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Photographic and photocopying equipment refer to a machine that makes copies of documents using a photographic process. Most modern photocopiers use laser technology to do this, using electrical charges to transfer toner to a piece of paper to form an image.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=2870
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
