(PRWEB) November 27, 2012
The global digital camera industry experienced moderate growth during 2006-2011 and is expected to retain the same growth propulsion over 2012-2017. The industry revenue is forecast to reach an estimated $46 billion by 2017 at a CAGR of 4.8% over the next five years (2012-2017). Asia Pacific emerged as the fastest growing region during 2006-2011 and dominated the industry with the highest contribution in 2011. Mirrorless hybrid cameras, DSLRs, and compact interchangeable-lens cameras drive the market.
Lucintel, a leading global management consulting and market research firm, has analyzed global digital camera industry and offers its findings in its comprehensive research report, "Global Digital Camera Industry 2012-2017: Trend, Profit, and Forecast Analysis."
This report is geographically segmented in four regions: North America, Europe, APAC, and Rest of World. APAC witnessed the highest growth during 2006-2011 and is forecast to retain its dominant position over 2012-2017 driven by strong domestic economy and growing high income population.
Lucintel has identified that high degree of price competition, maintaining efficiency and quality, implementation of upgraded technology, and increase in labor and raw materials costs are the major industry growth challengers. Increase in per capita income and consumer spending, technological advancement, and changing lifestyle pattern are the drivers providing the industry with competitive advantage.
This market report is an indispensable reference guide for materials suppliers, product manufacturers, investors, executives, distributors, and many more that operate in this market. To make business, investment, and strategic decisions, you need timely, useful information these market reports fulfill these core needs. This Lucintel market research report provides excellent understanding of recent industry scope and overview, global macroeconomic overview, relative market attractiveness by region, annual industry trend, emerging trends, industry forecasts, Porter's Five Forces Analysis, product launches, and merger and acquisitions that determine the regional and segment opportunities, competitive landscape, and profitability trend and analysis of the major industry players. The key insights sections portray beneficial information on an industry segment's growth and regional growth trends.
For a detailed table of contents and pricing information on these timely, insightful reports, contact Lucintel at +1-972-636-5056 or via email at helpdesk (at) lucintel (dot) com. Lucintel provides cutting-edge decision support services Target Screening / Merger & Acquisition that facilitate critical decisions with greater speed, insight, and cost efficiency.
Lucintel is organizing a free webinar on Global Commercial Aero Turbofan Engine Market, Supply Chain, Opportunities: 2012-2017 on 6th December 2012. For registration please visit Lucintel website