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Waterproof Camera Market Research Report Information By Type (Normal, Disposable), By Range (10-30M, 30-60M, 60-80M), By Application (Security & Surveillance, Media & Entertainment, Travel & Tourism) and By Region (North America, Europe, Asia-Pacific, and Rest of the World) โ€“Industry Forecast Till 2032

ID: MRFR/SEM/2795-CR | 79 Pages | Author: Ankit Gupta| July 2017

Global Waterproof Camera Market Overview:

Waterproof Camera Market Size was valued at USD 3.6 Billion in 2023. The Waterproof Camera Market industry is projected to grow from USD 4.2 Billion in 2024 to USD 14.2 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 16.22% during the forecast period (2024 - 2032). Outdoor and adventure enthusiasts, social media and content creation, improved technology, rising disposable income, growing travel and tourism industry, durable and versatile design, product innovations, are the key market drivers enhancing the market growth.

Waterproof Camera Market

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Waterproof Camera Market Trends

  • Social media and content creation is driving the market growth

The development and acceptance of waterproof cameras are significantly fueled by social media and content creation. There is a growing need for cameras that can produce high-quality content in a variety of conditions, including underwater scenes, as a result of the popularity of social media platforms and the growing trend of sharing experiences through images and videos.

The desire to exchange unusual and daring experiences is one of the main motivators. Sharing travel experiences, outdoor adventures, and water sports activities on social media sites like Instagram, Facebook, YouTube, and TikTok has grown significantly. To connect with their followers and earn recognition, people desire to physically encapsulate and present their experiences. This has increased demand for waterproof cameras that can produce beautiful images and films in difficult lighting conditions.

Content producers can investigate fresh angles and record events that were previously unreachable thanks to waterproof cameras. While snorkeling, scuba diving, or swimming, they can use these cameras to take pictures and movies underwater, creating unique material that sticks out in the busy social media scene. The opportunity to highlight wildlife encounters and aquatic adventures draws a big audience and increases engagement.

Additionally, waterproof cameras are perfect for extreme sports and outdoor activities due to their robustness and versatility. Creators of content frequently partake in sports including snowboarding, surfing, mountaineering, and hiking. With protection from water, dust, and shocks, these cameras can weather the rigors of these activities and capture breathtaking moments. They are therefore crucial tools for content creators who want to share their trips with their fans and document them.

Platforms for social media have contributed to the democratization of content production. Professional photographers and filmmakers dominated the production of high-quality visual material in the past. However, since social media has emerged, anyone may produce material. Many users have access to waterproof cameras, which allow them to create visually amazing content without the need for pricey and complicated camera equipment. This has made it easier for people to share their tales and experiences and democratized the process of creating content.

The popularity of influencer marketing and the impact of social media influencers have also increased the need for waterproof cameras. Influencers frequently work with brands to promote their goods via their content. The possibilities of waterproof cameras are regularly highlighted in travel, adventure, and lifestyle content, inspiring fans to buy these cameras to document their own adventures. The market for waterproof cameras is driven by the endorsement and advice of well-known influencers, who have a huge influence on consumer purchasing decisions.

As a result, the market for waterproof cameras has been significantly impacted by social media and content development. The need for aesthetically appealing content, the desire to share unusual experiences, the democratization of content creation, the power of social media influencers, and the promotion of companies through partnerships have all fueled the rise in popularity of waterproof cameras. The market for waterproof cameras is anticipated to grow as social media continues to advance and take on a bigger part in our lives as more people look to record and share their adventures in a variety of settings. Thus, driving the Waterproof Camera Market revenue.

Waterproof Camera Market Segment Insights:

Waterproof Camera Type Insights

The Waterproof Camera Market segmentation, based on type includes Normal and Disposable. The normal category dominated the market in 2022, it’s not a problem to take a typical waterproof camera to the lake, beach, river, or ocean for photography. Additionally, a typical waterproof camera is useful for activities like scuba diving and snorkeling, which will drive market expansion. Furthermore, these cameras are frequently used for tour and tourism applications even during the rainy season.

Figure 1: Waterproof Camera Market, by type, 2022 & 2032 (USD Billion)

Waterproof Camera Market, by type, 2022 & 2032

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Waterproof Camera Range Insights

The Waterproof Camera Market segmentation, based on Range, includes 10-30M, 30-60M and 60-80M. The 10-30M category dominated the market in 2022, because it is more reasonably priced than more expensive versions. Cameras in this price range may be suited for consumers who like shallow-water sports like swimming, snorkeling, or casual underwater photography.

Waterproof Camera Application Insights

The Waterproof Camera Market segmentation, based on Application, includes Security & Surveillance, Media & Entertainment and Travel & Tourism. The security & surveillance category dominated the market in 2022. One benefit of a waterproof camera is its ability to endure water. These cameras provide surveillance in any conditions. Due to their sturdy construction, they are more durable and dependable.

Waterproof Camera Regional Insights

By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North America Waterproof Camera Market dominated this market in 2022 (45.80%). The camera industry in North America is renowned for its technological innovations and breakthroughs. North America is home to many large camera manufacturers and tech firms, which contributes to the region's prominence in the creation of cutting-edge technologies and products. This includes improvements to the camera's general performance, video capabilities, connection features, and image quality. Further, the U.S. Waterproof Camera Market held the largest market share, and the Canada Waterproof Camera Market was the fastest growing market in the North America region.

Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: Waterproof Camera Market SHARE BY REGION 2022 (USD Billion)

Waterproof Camera Market SHARE BY REGION 2022

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe Waterproof Camera Market accounts for the second-largest market share. The different landscapes of Europe provide a wealth of chances for outdoor pursuits like hiking, skiing, water sports, and adventure travel. With more people participating in these activities, there is an increased need for waterproof cameras to record special moments in demanding settings. Further, the German Waterproof Camera Market held the largest market share, and the UK Waterproof Camera Market was the fastest growing market in the European region.

The Asia-Pacific Waterproof Camera Market is expected to grow at the fastest CAGR from 2023 to 2032. A significant portion of the market expansion in the Asia Pacific region is attributed to developing nations like China, India, Japan, and South Korea. The growth is linked to the proliferation of waterproof camera manufacturers like Canon, Nikon, and others. Moreover, China’s Waterproof Camera Market held the largest market share, and the Indian Waterproof Camera Market was the fastest growing market in the Asia-Pacific region.

Waterproof Camera Key Market Players & Competitive Insights

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Waterproof Camera Market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Waterproof Camera industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Waterproof Camera industry to benefit clients and increase the market sector. In recent years, the Waterproof Camera industry has offered some of the most significant advantages to medicine. Major players in the Waterproof Camera Market, including 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), are attempting to increase market demand by investing in research and development operations.

Marketers of Canon goods and associated services include Canon Marketing Japan Inc (Canon MJ), a division of Canon Inc. The company's product line consists of cameras, multi-function devices, fax machines, copiers, printers, video cameras, production printers, commercial video equipment, photo books, network cameras, scanners, projectors, industrial drones, document software, industrial equipment, handy terminal mobile solutions, binoculars, and calculators. The company offers a variety of cloud services, including content management, output management, reporting, publishing, and IT consulting. It operates through a number of companies and has earned a number of quality certifications. Products from Canon MJ are sold all around the world. The headquarters of Canon MJ are in Minato-Ku, Tokyo, Japan.

Manufacturer, marketer, and distributor of optical instruments is Nikon Corp. The company sells FPD lithography systems as well as semiconductor lithography solutions. Its product line also includes compact digital cameras, interchangeable lenses, and laser rangefinders, surveying tools, mirror less cameras, sport optics, speed lights, and action cameras. Additionally, the business designs and produces X-ray/CT inspection systems, industrial microscopes, cell culture observation systems, biological microscopes, and metrology systems. Nikon offers tools and services for retinal diagnostic imaging. Additionally, it sells glass, encoders, ophthalmic lenses, and things relating to space. The corporation has operations in China, the US, Europe, and Japan. The headquarters of Nikon are in Minato-Ku, Tokyo, Japan.

Key Companies in the Waterproof Camera Market include

  • 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)

Waterproof Camera Industry Developments

In 2020: The GoPro HERO9 Black, which boasts waterproof capabilities and cutting-edge technologies including 5K video recording, greater image stabilization, and improved low-light performance, was introduced by the GoPro Corporation.

Waterproof Camera Market Segmentation:

Waterproof Camera Type Outlook

  • Normal

  • Disposable

Waterproof Camera Range Outlook

  • 10-30M

  • 30-60M

  • 60-80M

Waterproof Camera Application Outlook

  • Security & Surveillance

  • Media & Entertainment

  • Travel & Tourism

Waterproof Camera Regional Outlook

  • North America

    • U.S.

    • Canada

  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe

  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Australia

    • Rest of Asia-Pacific

  • Rest of the World

    • Middle East

    • Africa

    • Latin America

Report Attribute/Metric Details
Market Size 2023 USD 3.6 Billion
Market Size 2024 USD 4.2 Billion
Market Size 2032 USD 14.2 Billion
Compound Annual Growth Rate (CAGR) 16.22% (2024-2032)
Base Year 2023
Market Forecast Period 2024-2032
Historical Data 2018- 2022
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Type, Range, Application, and Region
Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
Countries Covered The U.S., Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled 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).
Key Market Opportunities Travelers from all around the world have greatly increased.
Key Market Dynamics New Product Development

Frequently Asked Questions (FAQ) :

The Waterproof Camera Market size was valued at USD 4.2 Billion in 2023.

The global market is projected to grow at a CAGR of 16.22% during the forecast period, 2024-2032.

North America had the largest share in the global market

The key players in the market are 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).

The Normal camera type dominated the market in 2022.

The Security & Surveillance had the largest share in the global market.

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