for all FF BS, fuji told the real story, 1/3 market by value, by unit much lower Locked

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bobn2
bobn2 Forum Pro • Posts: 60,875
Re: for all FF BS, fuji told the real story, 1/3 market by value, by unit much lower

Jefftan wrote:

https://www.imaging-resource.com/news/2019/03/15/fujifilm-qa-cpplus-2019-af-tidbits-lenses-100-mp

TI: Yes, yes. I think the customers should have different options. We don't believe that all of the customers will go to full-frame. At the moment, I think the proportion of full-frame is probably one-third of the market by value.

DE: Oh, by value actually. So in terms of unit sales, it would be much lower.

TI: Yes, so two-thirds of the market is non-full frame, which is predominantly APS-C, Micro Four Thirds, and some medium-format as well.

TI: We really just cannot believe that projection of Canon's.

DE: Yeah. What are your projections, what do you think the market will do overall?

TI: I think it all depends on what innovation and what influence comes from the manufacturers. It's our mission to make the market viable. So I think our projection is there's a lot of room even to grow further in the camera market.

DE: It might even grow? (!)

TI: Yeah, yeah, yeah. If we look at the Asian market, there's a huge population over there. Some countries may decline, but some countries soon will change to growth. I think overall, the global camera market, you know...

DE: ...is actually going to grow as well. Wow, that's interesting. Yeah, certainly I hear from everyone that China is a huge market, and it's got to be pretty low penetration for cameras there still, so there's a lot of opportunity there.

TI: Yes.

I'm not sure what this thread has to do with micro Four Thirds, or why it's on this forum, but here goes anyway.

The specialist photographic market is on the cusp of a major change. The market is declining. The compact cameras which formed the huge majority a few years ago have been wiped out. In another few years the market will look very different from what it does now. The bet that most camera manufacturers seem to be making is that there will still be profits in the market, but with higher value, lower volume products. So, that is where the action is. The question is, not what will dominate in today's market, but what will in this new market. Simplistically, it is the lower end that get wiped out first. It's probably unlikely that the size of that 30% will change much, but in a few years it could be closer to 70-90%. Which is also not to say that there is not still potential life in the remaining 30-10%.

In that context, you can understand the game Panasonic is playing.

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Ride easy, William.
Bob

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