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Global Underwater Camera Market Report and Forecast 2024-2032
Market Report I 2024-06-17 I 195 Pages I EMR Inc.
Global Underwater Camera Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the global underwater camera market size reached a value of USD 5.20 billion in 2023. Aided by the rapid technological advancements, the market is projected to further grow at a CAGR of 12.1% between 2024 and 2032 to reach a value of USD 16.15 billion by 2032.
Underwater cameras are specifically designed to capture images and videos beneath the surface of water, catering to a wide range of applications from professional photography and filmmaking to scientific research and underwater exploration. These cameras are equipped with waterproof housings and specialized lenses to ensure high-quality imaging in aquatic environments.
The rising consumer interest in underwater photography and videography, driven by the growing popularity of water sports and adventure activities, is significantly contributing to the underwater camera market growth. With advancements in camera technology, there has been a surge in demand for high-resolution and durable underwater cameras capable of capturing clear images and videos in challenging underwater conditions.
The professional photography and filmmaking industry is a major driver of the market. Underwater cameras are extensively used in the production of documentaries, feature films, and promotional videos, where high-quality underwater footage is essential. The increasing demand for unique and visually appealing content in the media and entertainment industry is propelling the demand for underwater cameras.
In addition to professional photography, the expanding applications of underwater cameras in various industries also play a significant role in propelling the underwater camera market development. In the scientific research sector, underwater cameras are used for marine biology studies, environmental monitoring, and underwater archaeology. These cameras enable researchers to capture detailed images and videos of marine life and underwater habitats, facilitating a better understanding of aquatic ecosystems.
The oil and gas industry is another key driver of the market. Underwater cameras are used for inspection and maintenance of offshore oil rigs, pipelines, and other underwater structures. The growing investments in offshore oil and gas exploration and production activities are driving the demand for underwater cameras, as they are essential tools for ensuring the safety and efficiency of underwater operations.
As per the underwater camera market analysis, the increasing popularity of underwater drones and remotely operated vehicles (ROVs) is also contributing to the market growth. These devices are equipped with underwater cameras and are used for various applications, including underwater exploration, inspection, and surveillance. The rising adoption of underwater drones and ROVs in sectors such as defense, marine research, and offshore industries is propelling the demand for underwater cameras.
Moreover, the growing trend of underwater tourism and recreational diving is boosting the demand for consumer-grade underwater cameras. The increasing number of diving enthusiasts and underwater tourists is driving the sales of compact and affordable underwater cameras designed for personal use. The rising disposable incomes and the growing popularity of adventure tourism are further augmenting the market growth.
The increasing interest in water sports and adventure activities is driving the demand for underwater cameras. The growing number of diving enthusiasts and underwater photographers is propelling the sales of high-resolution and durable underwater cameras capable of capturing clear images and videos in challenging underwater conditions. Technological advancements in camera design and functionality are significantly contributing to the market growth. The development of compact, lightweight, and high-resolution underwater cameras with advanced features such as 4K video recording, image stabilization, and wireless connectivity is driving the market growth. The increasing availability of user-friendly and affordable underwater cameras is expanding the consumer base, further propelling the market growth.
Technological advancements in camera design and functionality are significantly contributing to the underwater camera market expansion. The development of compact, lightweight, and high-resolution underwater cameras with advanced features such as 4K video recording, image stabilization, and wireless connectivity is driving the market growth. The increasing availability of user-friendly and affordable underwater cameras is expanding the consumer base, further propelling the market growth. The rising adoption of underwater drones and remotely operated vehicles (ROVs) presents growth opportunities for the underwater camera market. These devices, equipped with underwater cameras, are used for various applications, including underwater exploration, inspection, and surveillance. The increasing demand for underwater drones and ROVs in sectors such as defence, marine research, and offshore industries is propelling the demand for underwater cameras.
The growing trend of underwater tourism and recreational diving is boosting the demand for consumer-grade underwater cameras. The increasing number of diving enthusiasts and underwater tourists is driving the sales of compact and affordable underwater cameras designed for personal use. The rising disposable incomes and the growing popularity of adventure tourism are further augmenting the underwater camera market growth.
Market Segmentation
The market can be divided based on camera type, distribution channel, application and region.
Market Breakup by Camera Type
- DSLR (Digital Single Lens Reflex)
- Mirrorless
- Compact
Market Breakup by Distribution Channel
- Online
- Offline
Market Breakup by Application
- Personal
- Commercial Photography
- Media and Entertainment
- Education and Research
- Sports
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global underwater camera market. Some of the major players explored in the report by Expert Market Research are as follows:
- Nikon Corporation
- Sony Corporation
- Canon Inc.
- FUJIFILM Holdings Corporation
- Panasonic Corporation
- GoPro Inc.
- SZ DJI Technology Co., Ltd.
- Sealife Cameras
- Scale Aquaculture AS
- Ricoh Company Ltd.
- OM Digital Solutions Corporation
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Underwater Camera Market Analysis
8.1 Key Industry Highlights
8.2 Global Underwater Camera Historical Market (2018-2023)
8.3 Global Underwater Camera Market Forecast (2024-2032)
8.4 Global Underwater Camera Market by Camera Type
8.4.1 DSLR (Digital Single Lens Reflex)
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Mirrorless
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Compact
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global Underwater Camera Market by Distribution Channel
8.5.1 Online
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Offline
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Underwater Camera Market by Application
8.6.1 Personal
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Commercial Photography
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Media and Entertainment
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Education and Research
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Sports
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.6.6 Others
8.7 Global Underwater Camera Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Underwater Camera Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Underwater Camera Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Underwater Camera Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Underwater Camera Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Underwater Camera Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyer's Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Trade Data Analysis (HS Code - 900630)
15.1 Major Exporting Countries
15.1.1 By Value
15.1.2 By Volume
15.2 Major Importing Countries
15.2.1 By Value
15.2.2 By Volume
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Nikon Corporation
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Sony Corporation
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Canon Inc.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 FUJIFILM Holdings Corporation
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Panasonic Corporation
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 GoPro Inc.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 SZ DJI Technology Co., Ltd.
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Sealife Cameras
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Scale Aquaculture AS
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Ricoh Company Ltd.
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 OM Digital Solutions Corporation
16.2.11.1 Company Overview
16.2.11.2 Product Portfolio
16.2.11.3 Demographic Reach and Achievements
16.2.11.4 Certifications
16.2.12 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Underwater Camera Market: Key Industry Highlights, 2018 and 2032
2. Global Underwater Camera Historical Market: Breakup by Camera Type (USD Billion), 2018-2023
3. Global Underwater Camera Market Forecast: Breakup by Camera Type (USD Billion), 2024-2032
4. Global Underwater Camera Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
5. Global Underwater Camera Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
6. Global Underwater Camera Historical Market: Breakup by Application (USD Billion), 2018-2023
7. Global Underwater Camera Market Forecast: Breakup by Application (USD Billion), 2024-2032
8. Global Underwater Camera Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Underwater Camera Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Underwater Camera Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Underwater Camera Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Underwater Camera Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Underwater Camera Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Underwater Camera Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Underwater Camera Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Underwater Camera Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Underwater Camera Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Underwater Camera Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Underwater Camera Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Major Exporting Countries by Value
21. Major Importing Countries by Value
22. Major Exporting Countries by Volume
23. Major Importing Countries by Volume
24. Global Underwater Camera Market Structure
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