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Canon is #1 in world market share for digital cameras in 2020, and their share grew | Canon Rumors

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Canon has been the worldwide chief in digicam market share for a few many years now, and that has continued by means of 2020, and Canon’s market share really grew over 2019 based on the latest numbers by Nikkei (paywalled).

The dangerous information is that the worldwide digicam market shrunk by 40% in 2020, primarily as a result of COVID-19 pandemic, however 2021 ought to see a rise within the whole variety of cameras bought, however I don’t suppose it’ll get well from that 40% drop in a single calendar 12 months.

The 2 cameras that had an enormous half in rising Canon’s market share are seemingly the EOS R5 and EOS R6 which Canon has mentioned repeatedly have blown previous gross sales expectations. The EOS M50 collection of cameras are additionally nonetheless large sellers for Canon.

Digital digicam market share in 2020 by producer

  1. Canon 47.9% (+2.5%)
  2. Sony 22.1% (+1.9%)
  3. Nikon 13.7% (-4.9%)
  4. Fujifilm 5.6% (-0.3%)
  5. Panasonic 4.4% (-0.3%)

I count on Canon’s market share to develop additional as soon as new and extra reasonably priced digicam our bodies are delivered to market in 2022. The Canon EOS R3 seemingly gained’t transfer the needle, however the replacements for the EOS RP and EOS R will drive greater quantity gross sales for Canon. Extra reasonably priced choices are coming, however with the challenges that also exist in manufacturing, greater quantity cameras will seemingly be held off till these points are resolved.

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