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According to data from CIPA (Camera & Imaging Products Association) digital camera shipments by CIPA members (the majority of digital camera manufacturers) are up 27% overall in the first half of this year compared to the same period last year. The largest growth coming from DSLRs, a total of 3.5 million units, up some 75% compared to the first half of last year. Despite strong growth price pressures mean that growth by value is less at around 11% for a total of $5.9 billion.
January - June 2007: Units shipped by region
The overall makeup of regional shipments hasn't changed very much since last year, there has been a slight equalization between Europe and North America and the 'Others' category has grown slightly. In the first half of 2007 both Europe and North America accounted for $2.2 billion worth of digital camera shipments (13.6 million and 13.1 million units respectively).
January - June 2007: Units shipped by region / type & Year-on-Year
Compared to the same period last year North America demonstrated the largest overall growth (by unit) of 36%, closely followed by Asia at 33%. Europe slowed slightly with a growth of just 14% with the domestic market (Japan) growing 23%. Growth of DSLR shipments was up across the board; Japan up 69%, Europe up 68%, North America up 61%, Asia up 136% and Others regions up 87%.
Overall growth for the last six years
As you can see the digital camera market (thanks in no small measure to digital SLRs) continues to grow strongly with an overall 22% growth in units shipped in 2006 and a recovery from a decline by value experienced in 2005 now up 10% to a total of $12.1 billion in 2006 (roughly the same as 2004).