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Canon is #1 in world market share for digital cameras in 2020, and their share grew | Canon Rumors

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Canon has been the worldwide chief in digital camera market share for a few many years now, and that has continued by way of 2020, and Canon’s market share truly grew over 2019 in response to the newest numbers by Nikkei (paywalled).

The unhealthy information is that the worldwide digital camera market shrunk by 40% in 2020, primarily as a result of COVID-19 pandemic, however 2021 ought to see a rise within the complete variety of cameras offered, however I don’t suppose it’ll get well from that 40% drop in a single calendar 12 months.

The 2 cameras that had an enormous half in rising Canon’s market share are seemingly the EOS R5 and EOS R6 which Canon has stated repeatedly have blown previous gross sales expectations. The EOS M50 sequence of cameras are additionally nonetheless large sellers for Canon.

Digital digital camera market share in 2020 by producer

  1. Canon 47.9% (+2.5%)
  2. Sony 22.1% (+1.9%)
  3. Nikon 13.7% (-4.9%)
  4. Fujifilm 5.6% (-0.3%)
  5. Panasonic 4.4% (-0.3%)

I anticipate Canon’s market share to develop additional as soon as new and extra inexpensive digital camera our bodies are delivered to market in 2022. The Canon EOS R3 seemingly received’t transfer the needle, however the replacements for the EOS RP and EOS R will drive greater quantity gross sales for Canon. Extra inexpensive choices are coming, however with the challenges that also exist in manufacturing, greater quantity cameras will seemingly be held off till these points are resolved.

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