There is no doubt that COVID-19 gravely impacted travel since its onset. This in turn had a negative impact on sales of digital cameras and digital camcorders, as consumers travelled much less than normal.
The hype of SLR cameras has died down and been replaced with the more compact, lighter and cheaper mirrorless cameras. These cameras are cheaper to manufacture, and technological advances allow these cameras to produce high-quality images and more creative settings, while being much smaller and lighter than SLR cameras.
Offline retailers such as appliances and electronics specialists are still the dominant and most preferred distribution channels for consumers to purchase imaging devices. as they value professional in-store advice and like to try out products before purchasing.
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Understand the latest market trends and future growth opportunities for the Imaging Devices industry in Singapore with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Imaging Devices industry in Singapore, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Imaging devices includes cameras and camcorders.See All of Our Definitions
This report originates from Passport, our Imaging Devices research and analysis database.
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