Global waterproof camera market size was valued US$ XX Bn. in 2019 and is expected to reach US$ XX Bn. by 2027, at a CAGR of XX% during forecast period.



Global waterproof camera market

Market Definition

Waterproof cameras are digital cameras which can be use underwater. It is highly used for underwater photography and videography purpose. It can be used as outdoor security surveillance camera in rainy season. The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.

Market Dynamics

The global waterproof camera market research report provides detailed analysis of growth drivers, restraining factors, challenges and future opportunities along with the impact of COVID- 19 pandemic on market dynamics. Growing trend of photography is the major driving factor behind the growth of market. Waterproof camera offers some benefits such as resistance to water, easy to use, high spatial resolution, instantaneous satisfaction, multiple functions, easy sharing and editing, quicker operations and light in weight are ultimately propelling the growth of market. Furthermore, improved marine life research, increasing trend of adventure tours in underwater and growing adoption of underwater cameras for navy mass communication are further expected to improve market growth during forecast period.

Nevertheless, high initial purchasing cost and growing emergence of waterproof Smartphone’s with better camera quality could hamper the growth of market. Also lack of skilled users and more power consumption could hinder the growth of market.

Global Waterproof Camera Market: Segmentation Analysis

By type, normal waterproof camera segment dominated the market in 2019 and is expected to keep its dominance at CAGR of XX% during forecast period. With a normal waterproof camera there is no need to worry about bringing this camera to the lake, beach, river, sea for photography purpose. Furthermore, normal waterproof camera provides benefits for underwater sports such as for scuba diving, snorkelling and more, which ultimately results into the growth of market. In addition, these cameras are highly used for tour n tourism application even in rainy season.

Alternatively, disposable waterproof camera is expected to witness high growth at CAGR of XX% during forecast period. A disposable camera is also known as single-use camera. It is supposed to be used once. The disposable waterproof camera makes it potential to capture memorable moments. Fuji and Kodak companies provide some of the best disposable waterproof cameras. These waterproof cameras are consisting of standard roll of film and they are manufactured to prevent moisture damage from water. Nikon’s Coolpix S32 camera is waterproof to 33 feet, secure to drop from a height of 5ft, and able to shoot in minus 10C conditions.

Global Waterproof Camera Market: Regional Analysis

Region wise, Asia pacific held largest market share in 2019 and is expected to maintain its dominance at CAGR of XX% during forecast period. The developing economies such as China, India, Japan and South Korea are major key contributors behind the growth of market. The growth is attributed to the massive presence of waterproof camera manufacturing companies such as Canon, Nikon and others. Also growing trend of underwater photography among youngsters is further driving the growth of market.

In July 2019, Olympus Corporation announced the Olympus Tough TG-6 compact digital camera. This model’s characteristic provides Tough performance construction that can shoot underwater up to 15 m deep, with a high-speed f/2.01 zoom lens to capture high-quality images in a variety of shooting environment.

Global Waterproof Camera Market: Key Development

In Mar 2019, Sony Electronics Inc introduced a brand new addition to its extremely popular compact camera line-up with the launch of the world's smallest and lightest premium compact camera. This camera is build upon the waterproof, dustproof, crushproof, shockproof and ultra-compact qualities of the original RX0. This new model provides internal 4K recording; an adjustable LCD screen that tilts upward 180 degrees and downward 90 degrees and that even works underwater and new image stabilization solutions for video recording.

In Apr 2019, Nikon Corporation announced the release of the COOLPIX W150, a compact digital camera that offers superior waterproofing and shock proofing ability. The COOLPIX W150 is a highly water proof, shock proof, cold proof and dust proof camera that supports shooting in a large variety of conditions, counting capturing leisure activities at the pool or beach.

The objective of the report is to present a comprehensive analysis of the Global Waterproof Camera Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Waterproof Camera Market dynamics, structure by analyzing the market segments and projects the Global Waterproof Camera Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Waterproof Camera Market make the report investor’s guide.