With Canon and Nikon announcing their full frame mirrorless camera, 2018 was an exciting year when it comes to camera industry. But how has this affected the overall results in gear manufacturing and sales? All this and more was explored in this video by LensVid. While the previous year brought us some long-awaited novelties: it seems that the market is still declining.
CIPA early 2018 shows up to 28% fall in camera sales
After an increase in camera and lens production in 2017, early stats for 2018 show a massive drop. Camera & Imaging Products Association (CIPA) has just issued a report which shows that total camera shipment worldwide has dropped by around 28%.
