Market Overview:
The global waterproof compact cameras market is expected to register a CAGR of 6.5% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for underwater photography and hiking or camping activities. North America is expected to lead the global waterproof compact cameras market in terms of revenue, followed by Europe and Asia Pacific. However, Latin America and Middle East & Africa are projected to witness high growth rates during the forecast period owing to rising disposable income and changing lifestyle trends in these regions. Based on type, the global waterproof compact cameras market has been segmented into waterproof up to 15m, waterproof up to 30m, and waterproof up to 60m segments. The 30m segment is expected account for a major share of the global market revenue during the forecast period due increased adoption among consumers for shooting photos/videos while swimming or surfing activities.
Product Definition:
Waterproof Compact Cameras are digital cameras that have been designed to be used in wet environments and can be submerged in water without causing any damage. This makes them ideal for use while swimming, diving, or snorkeling. Waterproof Compact Cameras are also often shock-resistant, meaning they can withstand being dropped from a height without becoming damaged.
Waterproof to 15m:
Waterproof to 15m is a new waterproofing technology that was developed for the camera industry. The major factor that drives the market is its ability to provide IPXO (International Protection Xtremely Off) certification, which means it can be underwater for 15 minutes without damage. In addition, this level of waterproofness also makes it suitable for use in recording studios and other areas where people need to record videos or take pictures under water.
Waterproof to 30m:
Waterproof to 30m is a new product that was first introduced in the year 2015. It has been an extremely popular product ever since its inception owing to its ability to offer waterproof protection up to a depth of 30 meters. The industry had witnessed considerable growth over the past few years and this trend is expected to continue over the forecast period as well.
Application Insights:
Based on application, the market is segmented into hiking or camping, underwater photography, security and surveillance. Underwater photography held the largest share in 2017 owing to increasing demand for high-quality waterproof cameras among enthusiasts and professional photographers. The camera manufacturers are launching new products to cater to this demand. For instance, in June 2018, Panasonic Corporation launched a new underwater camera named as ¢â‚¬ËœGX8¢â‚¬ which is one of its best-selling models with enhanced features and specifications compared with its previous models.
The hiking or camping application segment is expected register significant growth over the forecast period due to rising number of consumers opting for such applications while taking vacations at exotic destinations across the globe including Africa China India Australia etcetera. These compact cameras serve as an ideal travel companion when taken along on outdoor trips especially if they are waterproof ones thereby driving product demand in this segment over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing product demand for recreational activities, such as underwater photography and snorkeling. Waterproof cameras are essential equipment for these activities in countries, including South Korea, Japan, Philippines and Indonesia.
Europe accounted for the largest share in 2017 owing to high waterproof camera adoption in countries including France and Switzerland due to heavy rainfall & floods occurrence. In addition, rising popularity of adventure sports including white-water rafting will boost regional product demand over the forecast period. However, stringent government regulations regarding waterproofing may hinder growth in European region over the next few years; however it is expected that manufacturers will find a way around this problem by developing products with better sealing capabilities or making slight modifications required by regulatory bodies (such as CE).
Growth Factors:
- Increasing demand for compact and lightweight cameras for easy portability
- Rising popularity of photography as a hobby or form of art
- Advances in digital imaging technology that improve image quality and functionality
- Proliferation of social media platforms that encourage users to share photos and videos online
- Growing trend of outdoor recreation and travel, especially among millennials, that favors activities such as snorkeling, diving, and hiking that require waterproof cameras
Scope Of The Report
Report Attributes
Report Details
Report Title
Waterproof Compact Cameras Market Research Report
By Type
Waterproof to 15m, Waterproof to 30m, Waterproof to 60m
By Application
Hiking or Camping, Underwater Photography
By Companies
Olympus, Panasonic, Nikon, Canon, Fujifilm, Leica Camera, Sealife Cameras
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Waterproof Compact Cameras Market Report Segments:
The global Waterproof Compact Cameras market is segmented on the basis of:
Types
Waterproof to 15m, Waterproof to 30m, Waterproof to 60m
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hiking or Camping, Underwater Photography
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Olympus
- Panasonic
- Nikon
- Canon
- Fujifilm
- Leica Camera
- Sealife Cameras
Highlights of The Waterproof Compact Cameras Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Waterproof to 15m
- Waterproof to 30m
- Waterproof to 60m
- By Application:
- Hiking or Camping
- Underwater Photography
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Waterproof Compact Cameras Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Waterproof compact cameras are designed to be waterproof and shockproof. They typically have a sealed body that is resistant to water and dust, as well as a durable lens that can withstand drops.
Some of the key players operating in the waterproof compact cameras market are Olympus, Panasonic, Nikon, Canon, Fujifilm, Leica Camera, Sealife Cameras.
The waterproof compact cameras market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Waterproof Compact Cameras Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Waterproof Compact Cameras Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Waterproof Compact Cameras Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Waterproof Compact Cameras Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Waterproof Compact Cameras Market Size & Forecast, 2018-2028
4.5.1 Waterproof Compact Cameras Market Size and Y-o-Y Growth
4.5.2 Waterproof Compact Cameras Market Absolute $ Opportunity
Chapter 5 Global Waterproof Compact Cameras Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Waterproof Compact Cameras Market Size Forecast by Type
5.2.1 Waterproof to 15m
5.2.2 Waterproof to 30m
5.2.3 Waterproof to 60m
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Waterproof Compact Cameras Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Waterproof Compact Cameras Market Size Forecast by Applications
6.2.1 Hiking or Camping
6.2.2 Underwater Photography
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Waterproof Compact Cameras Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Waterproof Compact Cameras Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Waterproof Compact Cameras Analysis and Forecast
9.1 Introduction
9.2 North America Waterproof Compact Cameras Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Waterproof Compact Cameras Market Size Forecast by Type
9.6.1 Waterproof to 15m
9.6.2 Waterproof to 30m
9.6.3 Waterproof to 60m
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Waterproof Compact Cameras Market Size Forecast by Applications
9.10.1 Hiking or Camping
9.10.2 Underwater Photography
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Waterproof Compact Cameras Analysis and Forecast
10.1 Introduction
10.2 Europe Waterproof Compact Cameras Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Waterproof Compact Cameras Market Size Forecast by Type
10.6.1 Waterproof to 15m
10.6.2 Waterproof to 30m
10.6.3 Waterproof to 60m
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Waterproof Compact Cameras Market Size Forecast by Applications
10.10.1 Hiking or Camping
10.10.2 Underwater Photography
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Waterproof Compact Cameras Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Waterproof Compact Cameras Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Waterproof Compact Cameras Market Size Forecast by Type
11.6.1 Waterproof to 15m
11.6.2 Waterproof to 30m
11.6.3 Waterproof to 60m
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Waterproof Compact Cameras Market Size Forecast by Applications
11.10.1 Hiking or Camping
11.10.2 Underwater Photography
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Waterproof Compact Cameras Analysis and Forecast
12.1 Introduction
12.2 Latin America Waterproof Compact Cameras Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Waterproof Compact Cameras Market Size Forecast by Type
12.6.1 Waterproof to 15m
12.6.2 Waterproof to 30m
12.6.3 Waterproof to 60m
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Waterproof Compact Cameras Market Size Forecast by Applications
12.10.1 Hiking or Camping
12.10.2 Underwater Photography
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Waterproof Compact Cameras Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Waterproof Compact Cameras Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Waterproof Compact Cameras Market Size Forecast by Type
13.6.1 Waterproof to 15m
13.6.2 Waterproof to 30m
13.6.3 Waterproof to 60m
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Waterproof Compact Cameras Market Size Forecast by Applications
13.10.1 Hiking or Camping
13.10.2 Underwater Photography
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Waterproof Compact Cameras Market: Competitive Dashboard
14.2 Global Waterproof Compact Cameras Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Olympus
14.3.2 Panasonic
14.3.3 Nikon
14.3.4 Canon
14.3.5 Fujifilm
14.3.6 Leica Camera
14.3.7 Sealife Cameras
