Canon Says the Camera Market 'Has Largely Bottomed Out'

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Canon believes that the camera market 'has largely bottomed out at its current size.'

by saying it believes it “has largely bottomed out at its current size.”

Canon has responded rather openly to a set of questions linked to the financial stability of its many sectors, but its answer to inquiries about the state of the camera industry is particularly frank. The company was asked what its outlook for the camera market is going forward, and if it would continue to offer both mirrorless and DSLR cameras. To that, the company responded:

“The camera market has largely bottomed out at its current size. Going forward, we expect the professional and advanced amateur segment to expand further and that products will become more highly developed. Accordingly, we expect the overall market to grow from now on. As for DSLR cameras, we will continue to supply products as long as there is demand.”, has finally reached the bottom and that it can’t get any worse for camera manufacturers than it already is.

 

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Is that why I can't get the Canon LP E4N batteries for my EOS 1DX?

They should invest in a variety of film cameras and restorations! It worked for Kodak

clicio It seems like camera manufacturers will keep struggling if they don’t make their way into the smartphone market. Either joining forces with an already established company or developing their own product.

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