Indonesia Digital Camera Market (2023-2029) | Industry, Share, Analysis, Revenue, Growth, Size, Trends, Segmentation, Value, Outlook & COVID-19 IMPACT

Market Forecast By Product (Built-in Lens Camera, Interchangeable Lens Camera, DSLR, Non-reflex) And Competitive Landscape

Product Code: ETC363088	Publication Date: Aug 2022	Updated Date: May 2024	Product Type: Market Research Report
Publisher: 6Wresearch	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

Indonesia Digital Camera Market Competition 2023

Indonesia Digital Camera market currently, in 2023, has witnessed an HHI of 3249, Which has increased slightly as compared to the HHI of 2645 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.

Indonesia Digital Camera Market | Country-Wise Share and Competition Analysis

In the year 2021, China was the largest exporter in terms of value, followed by Japan. It has registered a growth of 39.3% over the previous year. While Japan registered a growth of 78.6% as compared to the previous year. In the year 2017, China was the largest exporter followed by Japan. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, Indonesia has a Herfindahl index of 2645 in 2017 which signifies high concentration also in 2021 it registered a Herfindahl index of 3442 which signifies high concentration in the market.

Indonesia Digital Camera Market - Export Market Opportunities

Topics Covered in the Indonesia Digital Camera Market

The Indonesia Digital Camera Market report thoroughly covers the market by product. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Indonesia Digital Camera Market Synopsis

Indonesia Digital Camera Market is projected to gain traction in the upcoming years underpinned by the growing social media influencers coupled with increasing disposable income leading to fuelling demand for high-end digital cameras. Furthermore, technological development in cameras is gaining popularity and burgeoning the market growth backed by their advantages such as high-resolution images & video capacity is estimated to boost the growth of the Digital Camera industry in the country.

According to 6Wresearch, the Indonesia Digital Camera Market size is projected to witness tremendous growth during 2023-2029. The market has been growing in the country underpinned by an increase in the shift towards mirrorless cameras owing to their compact size, lightweight feature, and premium image quality, leading to leave a positive impact on the product demand. Moreover, vlogging and live streaming creators have become popular who need advanced technologies and integrated cameras to capture and record professionals grade videos is one of the leading factors leaving a favorable impact on the growth of the Indonesia Digital Camera Market which is a part of the Asia Pacific Digital Camera Market. However, the increasing replacement of cameras with smartphones embedded with advanced-quality cameras this can impede the market growth. additionally, the rising adoption of mirrorless cameras coupled with increasing income levels of the population enables them to buy a premium range of digital cameras is another factor likely to witness considerable Indonesia Digital Camera Market growth in the country in the coming years.

COVID-19 Impact on the Indonesia Digital Camera Market

The COVID-19 had a massive influence on the Indonesia Digital Camera industry. During the pandemic phase market faced many challenges and resulted in a downfall phase due to various measures imposed by the government such as travel restrictions and social distancing measures led to close the retail stores and a further decline in the product supply in the country at a massive rate. Additionally, people were using smartphones to shoot their content for their social media handles.

Key Players in the Indonesia Digital Camera Market

Certain players in the country operate seamlessly by providing an effective and efficient range of digital cameras at competitive prices. Some of them are mentioned below in the list:

Canon is a leading player that provides an extensive range of high-quality digital cameras in the country.
Nikon is another well-known company, that has a great presence in the country as well, offering premium quality cameras at an affordable range.
Sony holds a significant position in the market throughout the globe, which facilitates excellent quality cameras equipped with advanced features in the country.
Fujifilm is a leading player that provides top-notch quality digital cameras in the country at competitive prices that offer high pixel count images & videos.

Market Analysis by Product

According to Ravi Bhandari, Research Head, 6Wresearch, it is difficult to specify which product segment is dominating, as each product growth is followed by various factors such as lifestyle and evolving consumer trends.

Key attractiveness of the report

COVID-19 Impact on the Market.
10 Years Market Numbers.
Historical Data Starting from 2019 to 2022.
Base Year: 2022.
Forecast Data until 2029.
Key Performance Indicators Impacting the Market.
Major Upcoming Developments and Projects.

Key Highlights of the Report:

Indonesia Digital Camera Market Outlook
Market Size of Indonesia Digital Camera Market, 2022
Forecast of Indonesia Digital Camera Market, 2029
Historical Data and Forecast of Indonesia Digital Camera Revenues & Volume for the Period 2019 - 2029
Indonesia Digital Camera Market Trend Evolution
Indonesia Digital Camera Market Drivers and Challenges
Indonesia Digital Camera Price Trends
Indonesia Digital Camera Porter's Five Forces
Indonesia Digital Camera Industry Life Cycle
Historical Data and Forecast of Indonesia Digital Camera Market Revenues & Volume By Product for the Period 2019 - 2029
Historical Data and Forecast of Indonesia Digital Camera Market Revenues & Volume By Built-in Lens Camera for the Period 2019 - 2029
Historical Data and Forecast of Indonesia Digital Camera Market Revenues & Volume By Interchangeable Lens Camera for the Period 2019 - 2029
Historical Data and Forecast of Indonesia Digital Camera Market Revenues & Volume By DSLR for the Period 2019 - 2029
Historical Data and Forecast of Indonesia Digital Camera Market Revenues & Volume By Non-reflex for the Period 2019 - 2029
Indonesia Digital Camera Import Export Trade Statistics
Market Opportunity Assessment By Product
Indonesia Digital Camera Top Companies Market Share
Indonesia Digital Camera Competitive Benchmarking By Technical and Operational Parameters
Indonesia Digital Camera Company Profiles
Indonesia Digital Camera Key Strategic Recommendations