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Underwater camera market size to increase by USD 3,641.16 million; North America to account for 37% of market growth - Technavio
[February 15, 2023]

Underwater camera market size to increase by USD 3,641.16 million; North America to account for 37% of market growth - Technavio


NEW YORK, Feb. 15, 2023 /PRNewswire/ -- The Underwater Camera Market by End-user, Distribution Channel, and Geography - Forecast and Analysis 2023-2027 report has been published by Technavio. Market size is forecast to grow by USD 3,641.16 million between 2022 and 2027. However, the market is decelerating at a CAGR of 11.68%. The report includes historic market data from 2017 to 2021. In 2017, the market was valued at USD 3,776.44 million. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. Download A PDF Sample Report

Regional Analysis

By region, the global underwater camera market is segmented into APAC, North America, Europe, South America, and Middle East and Africa. North America will account for 37% of market growth during the forecast period. Factors such as the growing inclination of the population toward water sports, such as snorkeling, scuba diving, and rafting, will drive the demand for underwater cameras in North America. Buy the report

Company Profiles

The underwater camera market report includes information on the key products and recent developments of leading vendors, including:

  • Brinno Inc.: The company offers underwater cameras such as TLC200 PRO.
  • Canon Inc.: The company offers underwater cameras such as PowerShot D30.
  • FUJIFILM Corp.: The company offers underwater cameras such as FinePix.
  • Garmin Ltd: The company offers underwater cameras such as VIRB X.

Market Dynamics

The market is driven by factors such as growth in adventure tourism, advances in technology, and a shift in demand for developing nations. However, an increase in vendor competition is hindering market growth.

Competitive Analysis

The report includes competitive analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc. Request a Sample

Market Segmentation

  • By end-user, the market is segmented into residential and commercial. The residential segment accounted for the largest share of the market in 2022.
  • By geography, the market is segmented into North America, Europe, APAC, Middle East and Africa, and South America. North America held the largest share of the market in 2022.

Related Reports:

  • The visible light communication market is estimated to grow at a CAGR of 89.66% between 2022 and 2027. The size of the market is forecast to increase by USD 176,547.8 million. The growing penetration of process automation in industries is notably driving market growth, although factors such as the dominance of competing technologies may impede market growth.
  • The smart home cameras market is estimated to grow at a CAGR of 14.78% between 2021 and 2026. The size of the market is forecast to increase by USD 4.98 billion. The innovation and portfolio extension leading to the premiumization of products is notably driving the smart home cameras market growth, although factors such as the presence of counterfeit and low-quality products may impede the market growth.

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What are the key data covered in this underwater camera market report?

  • CAGR of the market during the forecast period.
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the size of the underwater camera market and its contribution to the parent market.
  • Accurate predictions about upcoming trends and changes in consumer behavior.
  • Growth of the market across APAC, North America, Europe, South America, and Middle East and Africa.
  • A thorough analysis of the market's competitive landscape and detailed information about vendors.
  • Comprehensive analysis of factors that will challenge the growth of underwater camera market vendors.

Underwater Camera Market Scope





Report Coverage

Details

Page number

159

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Decelerate at a CAGR of 11.68%

Market growth 2023-2027

USD 3,641.16 million

Market structure

Fragmented

YoY growth 2022-2023(%)

11.23

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 37%

Key countries

US, Canada, Germany, France, and UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Brinno Inc., Canon Inc., Drift Innovation Ltd., FUJIFILM Corp., Garmin Ltd, GoPro Inc., Innovations Australia, Marine Imaging Technologies, MOBOTIX AG, Nikon Corp., Ocean Systems Inc., Olympus Corp., Panasonic Holdings Corp., RED Digital Cinema LLC, Ricoh Co. Ltd., Rollei GmbH and Co. KG., Scale Aquaculture AS, Sony Group Corp., Subsea Tech, and Ultramax Enterprises Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. 

Customization purview

If our report has not included the data you are looking for, you can reach out to our analysts and get customized segments.


Table of contents:

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
  • 3.4 Market outlook: Forecast for 2022-2027 
    • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
    • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

  • 4.1 Global underwater camera market 2017 - 2021
    • Exhibit 18: Historic Market Size – Data Table on Global underwater camera market 2017 - 2021 ($ million)
  • 4.2 End-User Segment Analysis 2017 - 2021 
    • Exhibit 19: Historic Market Size – End-User Segment 2017 - 2021 ($ million)
  • 4.3 Distribution channel Segment Analysis 2017 - 2021
    • Exhibit 20: Historic Market Size – Distribution channel Segment 2017 - 2021 ($ million)
  • 4.4 Geography Segment Analysis 2017 - 2021 
    • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
  • 4.5 Country Segment Analysis 2017 - 2021 
    • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

  • 5.1 Five forces summary 
    • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
  • 5.2 Bargaining power of buyers 
    • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
  • 5.3 Bargaining power of suppliers 
    • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
  • 5.4 Threat of new entrants 
    • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
  • 5.5 Threat of substitutes 
    • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
  • 5.6 Threat of rivalry 
    • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
  • 5.7 Market condition 
    • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

  • 6.1 Market segments 
    • Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
    • Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)
  • 6.2 Comparison by End-user 
    • Exhibit 32: Chart on Comparison by End-user
    • Exhibit 33: Data Table on Comparison by End-user
  • 6.3 Residential - Market size and forecast 2022-2027
    • Exhibit 34: Chart on Residential - Market size and forecast 2022-2027 ($ million)
    • Exhibit 35: Data Table on Residential - Market size and forecast 2022-2027 ($ million)
    • Exhibit 36: Chart on Residential - Year-over-year growth 2022-2027 (%)
    • Exhibit 37: Data Table on Residential - Year-over-year growth 2022-2027 (%)
  • 6.4 Commercial - Market size and forecast 2022-2027
    • Exhibit 38: Chart on Commercial - Market size and forecast 2022-2027 ($ million)
    • Exhibit 39: Data Table on Commercial - Market size and forecast 2022-2027 ($ million)
    • Exhibit 40: Chart on Commercial - Year-over-year growth 2022-2027 (%)
    • Exhibit 41: Data Table on Commercial - Year-over-year growth 2022-2027 (%)
  • 6.5 Market opportunity by End-user 
    • Exhibit 42: Market opportunity by End-user ($ million)

7 Market Segmentation by Distribution Channel

  • 7.1 Market segments 
    • Exhibit 43: Chart on Distribution Channel - Market share 2022-2027 (%)
    • Exhibit 44: Data Table on Distribution Channel - Market share 2022-2027 (%)
  • 7.2 Comparison by Distribution Channel 
    • Exhibit 45: Chart on Comparison by Distribution Channel
    • Exhibit 46: Data Table on Comparison by Distribution Channel
  • 7.3 Offline - Market size and forecast 2022-2027
    • Exhibit 47: Chart on Offline - Market size and forecast 2022-2027 ($ million)
    • Exhibit 48: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
    • Exhibit 49: Chart on Offline - Year-over-year growth 2022-2027 (%)
    • Exhibit 50: Data Table on Offline - Year-over-year growth 2022-2027 (%)
  • 7.4 Online - Market size and forecast 2022-2027
    • Exhibit 51: Chart on Online - Market size and forecast 2022-2027 ($ million)
    • Exhibit 52: Data Table on Online - Market size and forecast 2022-2027 ($ million)
    • Exhibit 53: Chart on Online - Year-over-year growth 2022-2027 (%)
    • Exhibit 54: Data Table on Online - Year-over-year growth 2022-2027 (%)
  • 7.5 Market opportunity by Distribution Channel
    • Exhibit 55: Market opportunity by Distribution Channel ($ million)

8 Customer Landscape

  • 8.1 Customer landscape overview 
    • Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

  • 9.1 Geographic segmentation 
    • Exhibit 57: Chart on Market share by geography 2022-2027 (%)
    • Exhibit 58: Data Table on Market share by geography 2022-2027 (%)
  • 9.2 Geographic comparison 
    • Exhibit 59: Chart on Geographic comparison
    • Exhibit 60: Data Table on Geographic comparison
  • 9.3 North America - Market size and forecast 2022-2027
    • Exhibit 61: Chart on North America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 62: Data Table on North America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 63: Chart on North America - Year-over-year growth 2022-2027 (%)
    • Exhibit 64: Data Table on North America - Year-over-year growth 2022-2027 (%)
  • 9.4 Europe - Market size and forecast 2022-2027
    • Exhibit 65: Chart on Europe - Market size and forecast 2022-2027 ($ million)
    • Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
    • Exhibit 67: Chart on Europe - Year-over-year growth 2022-2027 (%)
    • Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027 (%)
  • 9.5 APAC - Market size and forecast 2022-2027
    • Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 ($ million)
    • Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
    • Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
    • Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)
  • 9.6 Middle East and Africa - Market size and forecast 2022-2027
    • Exhibit 73: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
    • Exhibit 74: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
    • Exhibit 75: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • Exhibit 76: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  • 9.7 South America - Market size and forecast 2022-2027
    • Exhibit 77: Chart on South America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
    • Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)
  • 9.8 US - Market size and forecast 2022-2027
    • Exhibit 81: Chart on US - Market size and forecast 2022-2027 ($ million)
    • Exhibit 82: Data Table on US - Market size and forecast 2022-2027 ($ million)
    • Exhibit 83: Chart on US - Year-over-year growth 2022-2027 (%)
    • Exhibit 84: Data Table on US - Year-over-year growth 2022-2027 (%)
  • 9.9 Germany - Market size and forecast 2022-2027
    • Exhibit 85: Chart on Germany - Market size and forecast 2022-2027 ($ million)
    • Exhibit 86: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
    • Exhibit 87: Chart on Germany - Year-over-year growth 2022-2027 (%)
    • Exhibit 88: Data Table on Germany - Year-over-year growth 2022-2027 (%)
  • 9.10 France - Market size and forecast 2022-2027
    • Exhibit 89: Chart on France - Market size and forecast 2022-2027 ($ million)
    • Exhibit 90: Data Table on France - Market size and forecast 2022-2027 ($ million)
    • Exhibit 91: Chart on France - Year-over-year growth 2022-2027 (%)
    • Exhibit 92: Data Table on France - Year-over-year growth 2022-2027 (%)
  • 9.11 Canada - Market size and forecast 2022-2027
    • Exhibit 93: Chart on Canada - Market size and forecast 2022-2027 ($ million)
    • Exhibit 94: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
    • Exhibit 95: Chart on Canada - Year-over-year growth 2022-2027 (%)
    • Exhibit 96: Data Table on Canada - Year-over-year growth 2022-2027 (%)
  • 9.12 UK - Market size and forecast 2022-2027
    • Exhibit 97: Chart on UK - Market size and forecast 2022-2027 ($ million)
    • Exhibit 98: Data Table on UK - Market size and forecast 2022-2027 ($ million)
    • Exhibit 99: Chart on UK - Year-over-year growth 2022-2027 (%)
    • Exhibit 100: Data Table on UK - Year-over-year growth 2022-2027 (%)
  • 9.13 Market opportunity by geography 
    • Exhibit 101: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

  • 10.1 Market drivers
  • 10.2 Market challenges
  • 10.3 Impact of drivers and challenges 
    • Exhibit 102: Impact of drivers and challenges in 2022 and 2027
  • 10.4 Market trends

11 Vendor Landscape

  • 11.1 Overview
  • 11.2 Vendor landscape 
    • Exhibit 103: Overview on Criticality of inputs and Factors of differentiation
  • 11.3 Landscape disruption 
    • Exhibit 104: Overview on factors of disruption
  • 11.4 Industry risks 
    • Exhibit 105: Impact of key risks on business

12 Vendor Analysis

  • 12.1 Vendors covered 
    • Exhibit 106: Vendors covered
  • 12.2 Market positioning of vendors 
    • Exhibit 107: Matrix on vendor position and classification
  • 12.3 Brinno Inc. 
    • Exhibit 108: Brinno Inc. - Overview
    • Exhibit 109: Brinno Inc. - Product / Service
    • Exhibit 110: Brinno Inc. - Key offerings
  • 12.4 Canon Inc. 
    • Exhibit 111: Canon Inc. - Overview
    • Exhibit 112: Canon Inc. - Business segments
    • Exhibit 113: Canon Inc. - Key news
    • Exhibit 114: Canon Inc. - Key offerings
    • Exhibit 115: Canon Inc. - Segment focus
  • 12.5 FUJIFILM Corp. 
    • Exhibit 116: FUJIFILM Corp. - Overview
    • Exhibit 117: FUJIFILM Corp. - Business segments
    • Exhibit 118: FUJIFILM Corp. - Key news
    • Exhibit 119: FUJIFILM Corp. - Key offerings
    • Exhibit 120: FUJIFILM Corp. - Segment focus
  • 12.6 Garmin Ltd 
    • Exhibit 121: Garmin Ltd - Overview
    • Exhibit 122: Garmin Ltd - Business segments
    • Exhibit 123: Garmin Ltd - Key offerings
    • Exhibit 124: Garmin Ltd - Segment focus
  • 12.7 GoPro Inc. 
    • Exhibit 125: GoPro Inc. - Overview
    • Exhibit 126: GoPro Inc. - Product / Service
    • Exhibit 127: GoPro Inc. - Key offerings
  • 12.8 MOBOTIX AG 
    • Exhibit 128: MOBOTIX AG - Overview
    • Exhibit 129: MOBOTIX AG - Product / Service
    • Exhibit 130: MOBOTIX AG - Key offerings
  • 12.9 Nikon Corp. 
    • Exhibit 131: Nikon Corp. - Overview
    • Exhibit 132: Nikon Corp. - Business segments
    • Exhibit 133: Nikon Corp. - Key news
    • Exhibit 134: Nikon Corp. - Key offerings
    • Exhibit 135: Nikon Corp. - Segment focus
  • 12.10 Ocean Systems Inc. 
    • Exhibit 136: Ocean Systems Inc. - Overview
    • Exhibit 137: Ocean Systems Inc. - Product / Service
    • Exhibit 138: Ocean Systems Inc. - Key offerings
  • 12.11 Olympus Corp. 
    • Exhibit 139: Olympus Corp. - Overview
    • Exhibit 140: Olympus Corp. - Business segments
    • Exhibit 141: Olympus Corp. - Key news
    • Exhibit 142: Olympus Corp. - Key offerings
    • Exhibit 143: Olympus Corp. - Segment focus
  • 12.12 Panasonic Holdings Corp. 
    • Exhibit 144: Panasonic Holdings Corp. - Overview
    • Exhibit 145: Panasonic Holdings Corp. - Business segments
    • Exhibit 146: Panasonic Holdings Corp. - Key news
    • Exhibit 147: Panasonic Holdings Corp. - Key offerings
    • Exhibit 148: Panasonic Holdings Corp. - Segment focus
  • 12.13 Ricoh Co. Ltd. 
    • Exhibit 149: Ricoh Co. Ltd. - Overview
    • Exhibit 150: Ricoh Co. Ltd. - Business segments
    • Exhibit 151: Ricoh Co. Ltd. - Key news
    • Exhibit 152: Ricoh Co. Ltd. - Key offerings
    • Exhibit 153: Ricoh Co. Ltd. - Segment focus
  • 12.14 Rollei GmbH and Co. KG. 
    • Exhibit 154: Rollei GmbH and Co. KG. - Overview
    • Exhibit 155: Rollei GmbH and Co. KG. - Product / Service
    • Exhibit 156: Rollei GmbH and Co. KG. - Key offerings
  • 12.15 Scale Aquaculture AS 
    • Exhibit 157: Scale Aquaculture AS - Overview
    • Exhibit 158: Scale Aquaculture AS - Product / Service
    • Exhibit 159: Scale Aquaculture AS - Key offerings
  • 12.16 Sony Group Corp. 
    • Exhibit 160: Sony Group Corp. - Overview
    • Exhibit 161: Sony Group Corp. - Business segments
    • Exhibit 162: Sony Group Corp. - Key news
    • Exhibit 163: Sony Group Corp. - Key offerings
    • Exhibit 164: Sony Group Corp. - Segment focus
  • 12.17 Subsea Tech 
    • Exhibit 165: Subsea Tech - Overview
    • Exhibit 166: Subsea Tech - Product / Service
    • Exhibit 167: Subsea Tech - Key offerings

13 Appendix

  • 13.1 Scope of the report
  • 13.2 Inclusions and exclusions checklist 
    • Exhibit 168: Inclusions checklist
    • Exhibit 169: Exclusions checklist
  • 13.3 Currency conversion rates for US$ 
    • Exhibit 170: Currency conversion rates for US$
  • 13.4 Research methodology 
    • Exhibit 171: Research methodology
    • Exhibit 172: Validation techniques employed for market sizing
    • Exhibit 173: Information sources
  • 13.5 List of abbreviations 
    • Exhibit 174: List of abbreviations

 About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

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