Thom Hogan on the state of the photography industry

Article Summary:

Thom Hogan has published a personal synopsis and evaluation of the state of the camera market on his Nikon F mount and Sans Mirror blogs. The Camera & Imaging Products Association (CIPA) has published its report into sales and trends within the industry and it presents a somewhat depressing picture. In 2012, total shipments of all cameras for the year was 98.1 million units, which is a 15% drop on the 2011 figure. However, interchangeable lens camera shipments grew to 20.2 million units, a 28.4% gain. Within the interchangeable lens sector, mirrorless cameras accounted for around 20% of the total shipped. Although Nikon’s figures have not yet been released, Hogan notes that their stated aim of exceeding Canon’s sales have not materialized.