In response to a brand new report, almost each main digital camera producer has both brazenly discontinued its point-and-shoot line of cameras or hasn’t produced a brand new one in a number of years. Briefly, smartphones have fully modified all the things besides compact cameras.
The compact digital camera market, colloquially often called point-and-shoot cameras, has been experiencing a steep decline in worldwide shipments over the previous decade and a half. Since 2008, when worldwide shipments reached 110.7 million cameras, the market has shrunk considerably and dropped to three.01 million items by 2021 – a 97% drop.
Nikki The report stated that in response to the contraction of the market, Canon, Nikon, Panasonic, Fujifilm, and Sony have both dramatically decreased manufacturing or outright acknowledged that there will likely be no additional compact cameras.
“Whereas we’re transferring to higher-end fashions, we now have robust assist for lower-end fashions, and can proceed to develop and produce them so long as there’s demand,” Canon states. Nikki,
Canon denies that it would not plan to make new compact cameras, nevertheless it hasn’t launched a brand new one since 2019.
Sony’s response echoes Canon’s and the corporate says it isn’t discontinuing new product growth within the compact digital camera house, nevertheless. Nikki Observe The corporate hasn’t made a brand new “cyber-shot” digital camera — its compact digital camera line — since 2019.
Nikki studies that Nikon has stopped growing cameras that fall below its “Coolpix” line, the corporate’s branding for compact point-and-shoot type cameras. Nikon tells Nikki That it nonetheless sells two higher-magnification fashions and that future manufacturing volumes will likely be decided by the market, as famous, is not rising.
Panasonic, which as soon as owned the highest share of Japan’s compact digital camera market, states Nikki That it’s lowering the quantity of point-and-shoots it has been producing over the previous a number of years in response to a shrinking market. Moreover, whereas it at the moment plans to make compact cameras, it can concentrate on growing high-end mirrorless cameras geared toward fanatics and professionals, together with a digital camera that’s deliberate for launch subsequent yr. It’s growing along side Leica.
Nikki ClaimFujifilm has ceased manufacturing on its compact digital camera line “FinePix” and isn’t actively growing new fashions for it, as an alternative focusing its efforts on the higher-end fashions of the X100V and above. Was.
Ricoh, which owns the Pentax model, and OM Digital will not be talked about within the story, however Ricoh is shocked by the contraction of the market and has launched two point-and-shoot cameras up to now yr: the WG-80 and GR. IIIx (and later with its particular version). Ricoh appears immune to creating selections consistent with market traits, because it has refused to make mirrorless Pentax cameras, even going as far as to say that the model “cannot go mirrorless.”
It has been a protracted, sluggish course of, however the dying of point-and-shoot seems to be totally by the hands of smartphones, whose imaging functionality producers proceed to enhance.
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