Based on a brand new report, practically each main digicam producer has both overtly discontinued its point-and-shoot line of cameras or hasn’t produced a brand new one in a number of years. In brief, smartphones have fully modified the whole lot besides compact cameras.
The compact digicam market, colloquially referred to as point-and-shoot cameras, has been experiencing a steep decline in worldwide shipments over the previous decade and a half. Since 2008, when worldwide shipments reached 110.7 million cameras, the market has shrunk considerably and dropped to three.01 million models by 2021 – a 97% drop.
Nikki The report stated that in response to the contraction of the market, Canon, Nikon, Panasonic, Fujifilm, and Sony have both dramatically diminished manufacturing or outright acknowledged that there will likely be no additional compact cameras.
“Whereas we’re shifting to higher-end fashions, we now have sturdy help for lower-end fashions, and can proceed to develop and produce them so long as there’s demand,” Canon states. Nikki,
Canon denies that it would not plan to make new compact cameras, however it hasn’t launched a brand new one since 2019.
Sony’s response echoes Canon’s and the corporate says it isn’t discontinuing new product growth within the compact digicam area, nonetheless. Nikki Be aware The corporate hasn’t made a brand new “cyber-shot” digicam — its compact digicam line — since 2019.
Nikki reviews that Nikon has stopped creating cameras that fall underneath its “Coolpix” line, the corporate’s branding for compact point-and-shoot fashion cameras. Nikon tells Nikki That it nonetheless sells two higher-magnification fashions and that future manufacturing volumes will likely be decided by the market, as famous, is not rising.
Panasonic, which as soon as owned the highest share of Japan’s compact digicam market, states Nikki That it’s decreasing the quantity of point-and-shoots it has been producing over the previous a number of years in response to a shrinking market. Moreover, whereas it at the moment plans to make compact cameras, it can deal with creating high-end mirrorless cameras geared toward lovers and professionals, together with a digicam that’s deliberate for launch subsequent yr. It’s creating together with Leica.
Nikki ClaimFujifilm has ceased manufacturing on its compact digicam line “FinePix” and isn’t actively creating new fashions for it, as an alternative focusing its efforts on the higher-end fashions of the X100V and above. Was.
Ricoh, which owns the Pentax model, and OM Digital aren’t talked about within the story, however Ricoh is shocked by the contraction of the market and has launched two point-and-shoot cameras up to now yr: the WG-80 and GR. IIIx (and later with its particular version). Ricoh appears immune to creating choices according to market tendencies, because it has refused to make mirrorless Pentax cameras, even going as far as to say that the model “cannot go mirrorless.”
It has been a protracted, gradual course of, however the dying of point-and-shoot seems to be completely by the hands of smartphones, whose imaging functionality producers proceed to enhance.
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