Nikon to end camera body production in Japan by end of year
Nikon Corp. will end its camera body production in Japan by the end of this year, according to its officials, as the digital camera market is dwindling due to the improved photo functions of smartphones.
As part of its structural reforms, the camera giant will transfer such production from a plant in Miyagi Prefecture, its sole domestic camera manufacturing site, to a major factory in Thailand. The quality level of our products can be sustained even if they are made overseas, a company official said.
Supplied photo shows Nikon Corp. s D6 digital single-lens reflex camera. (Kyodo)
Biden Will Need More Than $52 Billion for Chip Effort, Analysts Say
Adam Glanzman/Bloomberg News
President Joe Biden’s blueprint for the U.S. semiconductor industry marks an ambitious effort to set industrial policy for a critical sector of the economy, but the strategy will need more money and global support to take back chip supremacy and pre-empt a rival effort from China.
The White House on June 8 outlined a sweeping plan to secure the conduits for critical products from medicines to chips, responding in part to the growing economic and political sway of its Asian rival. Semiconductors the basic yet incredibly sophisticated components in most every modern device took center stage in a 250-page White House report, which highlighted Beijing’s “ultimate goal of cyber sovereignty and establishing first-mover advantage.”
/PRNewswire/ The "Consumer Appliances Market 2020-2026" report has been added to ResearchAndMarkets.com s offering. The global consumer appliances market is.
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a high impact on the optical microscopes market.
Frequently Asked Questions:
Stereo microscopes will lead the optical microscope market growth during the forecast period.
What is the major driver in the market?
Product innovations are expected to drive market growth in the long run.
At what rate is the market projected to grow?
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NEW YORK, May 3, 2021 /PRNewswire/
The digital camera market is poised to show a decremental growth of USD 2.60 billion during 2021-2025, decelerating at a CAGR of almost (14)% during the forecast period.
Technavio has announced its latest market research report titled Digital Camera Market by Type and Geography - Forecast and Analysis 2021-2025
Here is an Exclusive report talking about Market scenarios, Estimates, the impact of lockdown, and Customer Behaviour.
The report on the digital camera market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.
The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by factors such as the availability in various price ranges, the growing social media use, and the choice of professional photographers.