The end of the descent into hell?
For the first four months of 2021, camera sales are estimated at 5.647 million to 6.771 million units compared to 5.308 million in 2020.
It seems the market is stabilizing after continuous years of decline
CIPA members sold 8.9 million cameras in 2020, two and a half times less than in 2017, thirteen times less than in 2010. The coronavirus pandemic has accelerated the redefinition of the camera.
Compacts have disappeared, outclassed by smartphones. While they accounted for 98% of sales in 2003, they only accounted for 40% of sales in 2020.
For the first time in fifteen years, the average price of cameras with interchangeable lenses has exceeded $500. The sales curve is the perfect mirror of the price curve. Manufacturers sell less, but sell more.
Mirrorless cameras have dethroned the good old DSLR, not only in volume, but also in value. While the average price of a DSLR has hovered around $330 for years, the average price of a mirrorless camera has doubled to over $660 last year.
Pierre J. 06-12-2021