South Korea Underwater Camera Market Overview
According to SPER Market Research, the South Korea Underwater Camera Market is estimated to reach USD 1.11 billion by 2032 with a CAGR of 12.65%.
An underwater camera is a specially made camera that can be used to capture pictures and videos while submerged in water. These waterproof cameras can be used to record breathtaking pictures and videos of aquatic life as well as undersea scenery. They are extensively used by both expert and amateur photographers, scuba divers, marine biologists, and filmmakers who want to capture their underwater explorations and discoveries. From small point-and-shoot models to high-end DSLRs with waterproof housings, underwater cameras are available in a range of shapes and sizes.
In order to take clear, detailed pictures in the difficult underwater environment, they are frequently fitted with features like image stabilization, wide-angle optics, and adjustable lighting. In essence, an underwater camera is a camera that can capture both still images and video clips while submerged. It can be used to capture underwater footage while swimming, snorkelling, or operating a remotely controlled underwater vehicle. Some of these cameras can even be easily lowered from the surface of the water and are programmed to capture pictures and films on their own.
Impact of COVID-19 on the South Korea Underwater Camera Market
The Covid-19 pandemic has had an impact on many sectors, including technology. With the limitations on travel and outdoor activities, the demand for underwater cameras is likely has decreased. This is because of the fact that underwater cameras are mainly used for activities such as scuba diving, snorkeling, and other water sports, which have been adversely affected by the pandemic. Furthermore, the pandemic has disrupted the global supply chain, causing delays and shortages in the production and distribution of electronic goods, which may have affected the availability of underwater cameras in the South Korean market.
On the other hand, since more people are staying at home, there may have been a change in demand for other kinds of cameras, such as webcams and security cameras, which can be used for remote work and surveillance and raised interest in outdoor activities, including underwater photography and videography. Many people have turned to outdoor activities as a way to remain active and entertained as they have been forced to spend more time at home. This has resulted in an increase in demand for certain kinds of underwater cameras. Overall, the COVID-19 pandemic has had a mixed impact on the underwater camera market, with some negative effects due to supply chain disruptions and reduced demand for travel and leisure activities, as well as some positive effects due to increased interest in outdoor activities.
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Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Type, By Application, By Distribution Channel
|
| Regions covered | Northern, Central, Southern.
|
| Companies Covered | Canon, FUJIFILM Corporation, Gopro Inc, GVS Co Ltd, Nicon Corporation, Panasonic, Sony Corporation, Others
|
Target Audience-
- Scuba Divers and Snorkelers
- Professional Photographers and Filmmakers
- Researchers and Scientists
South Korea Underwater Camera Market Segmentation:
1. By Type:
- Compact
- Digital Single Lens Reflex (DSLR)
- Mirrorless
2. By Application:
3. By Distribution Channel:
4. By Region:
Key Topics Covered in the Report:
- South Korea Underwater Camera Market Size (FY’2019-FY’2032)
- Overview of South Korea Underwater Camera Market
- Segmentation of South Korea Underwater Camera Market By Type {Compact, Digital Single Lens Reflex (DSLR), Mirrorless}
- Segmentation of South Korea Underwater Camera Market By Application (Commercial, Individual)
- Segmentation of South Korea Underwater Camera Market By Distribution Channel ( Offline, Online)
- Statistical Snap of South Korea Underwater Camera Market
- Growth Analysis of South Korea Underwater Camera Market
- Problems and Challenges in South Korea Underwater Camera Market
- Competitive Landscape in the South Korea Underwater Camera Market
- Impact of COVID-19 and Demonetization on South Korea Underwater Camera Market
- Details on Recent Investment in South Korea Underwater Camera Market
- Competitive Analysis of South Korea Underwater Camera Market
- Key Players in the South Korea Underwater Camera Market
- SWOT Analysis of South Korea Underwater Camera Market
- South Korea Underwater Camera Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the South Korea Underwater Camera Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 South Korea Underwater Camera Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in South Korea Underwater Camera Market
7. South Korea Underwater Camera Market, By Type, 2019-2032 (USD Million)
7.1 Compact
7.2 Digital Single Lens Reflex (DSLR)
7.3 Mirrorless
8. South Korea Underwater Camera Market, By Application, 2019-2032 (USD Million)
8.1 Commercial
8.2 Individual
9. South Korea Underwater Camera Market, By Distribution Channel, 2019-2032 (USD Million)
9.1 Offline
9.2 Online
10. South Korea Underwater Camera Market, By Region, 2019-2032 (USD Million)
10.1 South Korea Underwater Camera Size and Market Share by Region (2019-2025)
10.2 South Korea Underwater Camera Size and Market Share by Region (2026-2032)
10.3 Southern
10.4 Northern
10.5 Central
11. Company Profiles
11.1 Canon
11.1.1 Company details
11.1.2 Financial outlook
11.1.3 Product summary
11.1.4 Recent developments
11.2 FUJIFILM corporation
11.2.1 Company details
11.2.2 Financial outlook
11.2.3 Product summary
11.2.4 Recent developments
11.3 Gopro, Inc.
11.3.1 Company details
11.3.2 Financial outlook
11.3.3 Product summary
11.3.4 Recent developments
11.4 GVS Co, Ltd
11.4.1 Company details
11.4.2 Financial outlook
11.4.3 Product summary
11.4.4 Recent developments
11.5 Nicon Corporation
11.5.1 Company details
11.5.2 Financial outlook
11.5.3 Product summary
11.5.4 Recent developments
11.6 Panasonic
11.6.1 Company details
11.6.2 Financial outlook
11.6.3 Product summary
11.6.4 Recent developments
11.7 Sony Corporation
11.7.1 Company details
11.7.2 Financial outlook
11.7.3 Product summary
11.7.4 Recent developments
11.8 Others
11.8.1 Company details
11.8.2 Financial outlook
11.8.3 Product summary
11.8.4 Recent developments
12. List of Abbreviations
13. Reference Links
14. Conclusion
15. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
