Global Waterproof Camera market is has seen tremendous opportunities in the upcoming years and it has been estimated that growing travel industry is one of the major driving factor to the market of waterproof camera’s.
Market Research Future published a research report on “Waterproof Camera Market Research Report- Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Market Synopsis of Global Waterproof Camera Market:
Global Waterproof Camera market is has seen tremendous opportunities in the upcoming years and it has been estimated that growing travel industry is one of the major driving factor to the market of waterproof camera’s. The global tourism industry has been valued in billions and contributes close to 10% of the global GDP.
In the last few years, the number of travelers around the world have increased tremendously which gives an opportunity to the companies who are associated with this industry.
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Camera are an important part of any traveler as people want to capture the moments and live in it with years. Waterproof Camera gives the option to capture and Video or a Photograph in any weather regardless of place.
High trends towards adventure sports such as water surfing and diving is inviting many people which is creating demand for waterproof cameras.
The global Waterproof Camera market is expected to grow at USD 10.4 billion by the end of year 2023 with 18.5% CAGR during forecast period 2017-2023.
- Fujufilm (Japan)
- Nikon (Japan)
- Go-Pro (U.S.)
- Canon (Japan)
- Kodak (U.S.)
- Honeywell International Inc. (U.S.)
- Panasonic Corporation (Japan)
- Robert Bosch Gmbh (Germany)
- FLIR Systems (U.S.)
- Olympus (Japan)
Global Waterproof Camera Market Structure
- Normal Waterproof Cameras
- Disposable Waterproof Cameras
- 10-30 m
- 30-60 m
- 60-80 m
- 80 m & above
- Security & Surveillance
- Media & Entertainment
- Travel & Tourism
- North America
- Asia Pacific
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North America is dominating the market of Waterproof Camera, with more than 40% of market share. high disposable income of North American countries such as U.S.
and Canada is anticipated to be the major driving factor. Europe stands as second biggest market due to the growing travel and tourism industry.
Europe attracts more than 100 million tourists every year and as the trend of social media is growing, people are carrying handheld devices to capture the moment and share it on social media platforms. Asia Pacific is growing with steady growth rate and is estimated to cross USD 2 billion market size by the end of year 2023.
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