Mirrorless ILC shipments up 6 months in a row
Amidst all of the discouraging news about camera sales, it is nice to see that mirrorless shipments by Japanese camera makers exceeded last year's shipments for the same month every month in the first half of 2014. For the first six months, unit shipments were up 16.8% and the value of shipments was up 47%--suggesting a move to more upscale mirrorless cameras.
Mirrorless comprised 22.3% of the value of ILC shipments for the first half of 2014 versus 14.8% for the first half of 2013. For unit ILC shipments, mirrorless was 23.3% for the first six months of 2014 versus 17.4% in 2013.
Much was made of the fact that mirrorless shipments (both unit and value) were significantly lower in 2013 than in 2012. Comparing the first six months of 2014 and 2012, mirrorless shipments were 8% smaller, but the value of shipments was up 18%.
Changes in the value of shipments are complicated by the significant appreciation of the yen relative to the dollar from mid-2012 to mid-2013 (the exchange rate has been relatively stable for the past year). Comparing the first half of 2014 with the first half of 2012, the value per unit for mirrorless was up 28.5% while the value per unit for DSLRs was up 8.5%.