Posted in | Imaging

Global Digital Camera Industry to Grow at 4.8% CAGR to Reach $46 Billion by 2017

Research and Markets has announced the addition of the "Global Digital Camera Industry 2012-2017: Trend, Profit, and Forecast Analysis" report to their offering.

The global digital camera industry experienced moderate growth during 2006-2011 and is expected to retain the same growth propulsion over 2012-2017. The industry revenue is forecast to reach an estimated $46 billion by 2017 at a CAGR of 4.8% over the next five years (2012-2017). Asia Pacific emerged as the fastest growing region during 2006-2011 and dominated the industry with the highest contribution in 2011.

This report is geographically segmented in four regions-- North America, Europe, APAC, and Rest of World. North America and Europe dominate the industry. Lucintel has identified that financial limitation, high learning curve and high injury rate, and rental equipment are the major industry growth challengers. Snowboard participation and snowboard events, good weather conditions, and favorable demographic trends and changes are the drivers providing the industry with competitive advantage.

The industry players with strong brand equity, innovative R&D capabilities, effective network management, and solid capital resources are expected to gain more industry share. This market report is an indispensable reference guide for materials suppliers, product manufacturers, investors, executives, distributors, and many more that operate in this market. To make business, investment, and strategic decisions, you need timely, useful information these market reports fulfill these core needs.

This Lucintel research report provides excellent understanding of recent industry scope and overview, global macroeconomic overview, relative market attractiveness by region, annual industry trend, emerging trends, industry forecasts, Porter's Five Forces Analysis, product launches, and merger and acquisitions that determine the regional and segment opportunities, competitive landscape, and profitability trend and analysis of the major industry players. The key insights sections portray beneficial information on an industry segment's growth and regional growth trends.

Source: http://www.researchandmarkets.com/

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Submit