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Canon has been the worldwide chief in digicam market share for a few many years now, and that has continued via 2020, and Canon’s market share truly grew over 2019 in line with the newest numbers by Nikkei (paywalled).
The unhealthy information is that the worldwide digicam market shrunk by 40% in 2020, primarily because of the COVID-19 pandemic, however 2021 ought to see a rise within the whole variety of cameras bought, however I don’t assume it’ll get well from that 40% drop in a single calendar yr.
The 2 cameras that had a giant half in growing Canon’s market share are possible the EOS R5 and EOS R6 which Canon has mentioned repeatedly have blown previous gross sales expectations. The EOS M50 sequence of cameras are additionally nonetheless massive sellers for Canon.
Digital digicam marketshare in 2020 by producer
- Canon 47.9% (+2.5%)
- Sony 22.1% (+1.9%)
- Nikon 13.7% (-4.9%)
- Fujifilm 5.6% (-0.3%)
- Panasonic 4.4% (-0.3%)
I count on Canon’s market share to develop additional as soon as new and extra reasonably priced digicam our bodies are delivered to market in 2022. The Canon EOS R3 possible received’t transfer the needle, however the replacements for the EOS RP and EOS R will drive larger quantity gross sales for Canon. Extra reasonably priced choices are coming, however with the challenges that also exist in manufacturing, larger quantity cameras will possible be held off till these points are resolved.