2024 Camera Sales Climb – A Sign of Recovery?

Camera Market on the Rise – Good News for Photographers!

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0:00 Big turnaround
8:27 Deals of the week

The views and opinions expressed in this program are not intended to serve as a substitute for consultation. Each viewer has their own use cases and needs requiring individual research and analysis of needs.

[elysiumcore]

Camera industry needs a shake up, clean & smooth user interface like a smart phone, easy ability to connect to the web & quickly share photos

[dris]

I'm fine with fewer people buying cameras.

[Hodenkat]

I've noticed that since I ordered my RF 200-800 lens for $1899 it's been listed as backordered. If I look at some websites selling it for $2499 they say they have them. I think it's a dirty "bait and switch" when I place an order for one price and that same item is only made available at some point at the higher price while my order stays at a perpetual "backordered" status. To me, that's an unscrupulous business practice. If a company wants to raise the price they have every right to do so, but to refuse to honor the price given at ordering time is not honorable.

[paulmiles]

Can someone please tell me why we are so concerned about "recovery signs"? Shouldn't we be more concerned about the companies putting out good product. And they are not doing the "snow job" Canon is putting on us (see R1- flagship). Just curious!!

[novainvicta]

Simon I bought my first Canon camera when I was 17, I’m now 70 and this is the worst time EVER for waiting for products (I did wait for the RF200-800mm as well) I’ve had to go on a wait list for a camera in this instance the R5 MKII and the dealer has no idea when they will be able to fulfil it. Ironically I can buy a double pack of LP-E6P batteries!
It would not be so bad if it were not for the fact here in the UK we pay some of the highest prices in the world and Canon now make you pay for the CPS service so what the hell are we getting from Canon in the UK? Less and less it seems.

[JGZphotography]

At any sporting event, music festival, wedding, and beyond, cell phone cameras vastly outnumber interchangeable lens cameras for capturing memorable moments. For seasoned photographers, including professionals, DSLR-style mirrorless cameras are currently the trend, promising market growth. The rapid evolution of smart technology features in cameras prompts pro photographers to update their older models. The smart editing capabilities of the latest cell phone cameras are reducing the reliance on desktop photo editing software. Most consumers prefer editing digital files directly on their cell phones equipped with built-in applications. Eventually, mirrorless cameras may plateau in technological advancement, potentially leading to a market slowdown, including the demand for lenses. Predicting future camera trends remains a challenge, but it's clear that digital cameras are here to stay, while film cameras are increasingly relegated to closets, give-aways, and antique stores.

[gregoryspring]

Cameras have been stagnant, Canon has half the market, customers that would buy what we have now have. Now Canon has come out with 2 new lines of camera. In addition other makers have also come out with new cameras an incentive to buy. That's why sales should go up.

[JohnDoranski]

It is roughly 45 days for the R1 - any more rumors on the RF 300-500 F4?

[kstotlani]

Waiting for your view on the new canon-rumors post on AF jitter on R5 MK ii. How dare you get any sleep 🙂

[WernerBirdNature]

Hi Simon, when considering a virtual year from September to August, then we jus saw the best 12-month sales number of the decade !
And shortly after this video was posted, Andrea (SAR) said Panasonic will announce tomorrow an S5D (didn't watch his video yet)

[dennismwallentin]

Let us see more data before making any judgement. What's the point of increasing sales numbers when the big brand cannot provide the market with ordered products? As it is, it will only worsen an already worse situation...

[martinhommel]

Thanks for your video. Interchangeable lens cameras are going to be a minority interest. Manufacturers are obviously producing to order and creating scarcity to keep prices up. R5s, R1s etc are not for ordinary folk, but aimed at professionals and rich people. I am not surprised that European customers are having to wait so long as this is probably the one market that has declined the most. The acid test is how many R50s, R10s and their equivalents from rival camera manufacturers are sold.

[Cviksi]

Pretty sure the DJI mirrorless interchangeable-lens camera will be a gamechanger

[penultimatename]

Canon like all companies must determine demand before purchasing parts. The parts issue is likely a white lie. A parts issue because corporate low balled the demand. Serious issues if they build too much product. Probably not an easy task to determine demand.

The market is not expanding if this is just a refresh to mirrorless. I am one that decided now is the time to transition to mirrorless. If they are exciting young people to the hobby or profession. Then it is expanding.