PUBLISHER: The Business Research Company | PRODUCT CODE: 1713439
PUBLISHER: The Business Research Company | PRODUCT CODE: 1713439
Photographic and photocopying equipment are machines used to create copies of documents or images through a photographic process. In contemporary photocopiers, laser technology is commonly employed, using electrical charges to transfer toner onto a sheet of paper to reproduce an image.
The primary categories of photographic and photocopying equipment include cameras (excluding television and video cameras), projectors, various types of photocopying equipment, and other equipment related to photographic and photocopying processes. Projectors are devices designed to project images onto screens or surfaces. These devices come in different capacities, including small, medium, and large. They can operate autonomously, semi-autonomously, or manually, and find applications in both household and commercial settings.
The photographic and photocopying equipment market research report is one of a series of new reports from The Business Research Company that provides photographic and photocopying equipment market statistics, including photographic and photocopying equipment industry global market size, regional shares, competitors with a photographic and photocopying equipment market share, detailed photographic and photocopying equipment market segments, market trends and opportunities, and any further data you may need to thrive in the photographic and photocopying equipment industry. This photographic and photocopying equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
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.
The growth of the photographic and photocopying equipment market is expected to be driven by the increasing demand for digital cameras and their accessories. This category encompasses various electronic devices and supplementary equipment designed for capturing, storing, and processing digital images and videos. Photographic and photocopying equipment plays a vital role in enhancing the capabilities of digital cameras, enabling users to print, scan, copy, edit, and improve digital images and documents for a wide range of personal, professional, and creative purposes. Notably, the Camera & Imaging Products Association reported in August 2023 that mirrorless cameras experienced 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. With China witnessing a significant increase of 44%, Japan and Europe also registered growth of 30% and 9%, respectively. Thus, the growing demand for digital cameras and related accessories is anticipated to drive the growth of the photographic and photocopying equipment market.
The growth of the photographic and photocopying equipment manufacturing market is supported by the forecasted stable economic growth in both developed and developing countries. For example, in July 2024, the UK's Foreign, Commonwealth, and Development Office reported that the UK economy grew from £2,267 billion ($2969.46) in 2021 to £2,506 billion ($3282.52) in 2022. The recovery of commodity prices, which had previously declined significantly, is expected to further support market growth. Developed economies are also anticipated to experience steady growth during the forecast period. Additionally, emerging markets are projected to grow at a slightly faster pace than developed markets. This stable economic growth is expected to lead to increased investments in end-user markets, driving market expansion during the forecast period.
Major companies in the photographic and photocopying equipment market are prioritizing the development of advanced photographic equipment to gain a competitive edge and expand their product offerings. An example of such innovative equipment is the CRANE 4 Gimbal, which empowers filmmakers with creative freedom in filmmaking. In July 2023, Guilin Zhishen Information Technology Co., Ltd. (Zhiyun-Tech), a China-based electronic equipment manufacturer, launched the CRANE 4 Gimbal designed for DSLRs and cinema cameras. This advanced gimbal boasts features such as built-in balance indicator lights for quick motor balance assessment and Bluetooth connectivity for direct shutter control of compatible cameras. This eliminates the need for cables and allows for remote recording start/stop and photo capture activation.
Projector manufacturers are responding to the demand for energy-efficient equipment by offering laser projectors that provide high-quality images. Laser projectors utilize laser light sources, in contrast to traditional projectors that rely on xenon lamps. Laser projectors deliver exceptional image quality, vivid color reproduction, and 20,000 hours of maintenance-free operation. They are known for their energy efficiency and extended lifespan compared to lamp-based projectors. As a result, laser projectors are experiencing significant growth and are increasingly utilized in applications such as business presentations, home theater systems, gaming, and movie screenings. Key companies in the laser projector manufacturing sector include Epson, Casio, Sony, Christie, and Panasonic.
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.
Asia-Pacific was the largest region in the photographic and photocopying equipment market in 2024. 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.
The countries covered in the photographic and photocopying equipment market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa
The photographic and photocopying equipment market consists of sales of compact digital/point and shoots cameras, bridge cameras, action cameras, 360-degree cameras, film cameras, smartphone cameras, rugged cameras, and others. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Photographic And Photocopying Equipment Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on photographic and photocopying equipment market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for photographic and photocopying equipment ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The photographic and photocopying equipment market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.