Digital Camera Market Heats Up
It may be the easiest $700 sale retailers make this year: Americans are hot for D-SLR cameras and manufacturers exhibiting at PMA this week in Las Vegas are introducing lower-costing, higher-performing consumer models to meet the demand.
Canon’s upgrading its top-selling entry-level D-SLR, the Rebel XTi, with the new 12.2 megapixel XSi, due out in April at $799. Nikon’s in the game with the D60, a consumer D-SLR with onboard editing and a “Stop Motion Movie” feature, launching this month for $750. Sony, Samsung, Pentax and Olympus have sub-$1000 contenders too. “We’re seeing very powerful products and great prices,” says Nikon’s Senior Technical Manager, Steve Heiner. “These products don’t sit on shelves.”
Indeed, shipments and sales of D-SLR’s outpaced most analyst predictions in 2007. According to a new CIPA (Camera & Imaging Products Associations) report, 7.5 million D-SLR’s shipped in 2007 and over 9 million are expected to go out in ‘08, an increase of 22.3 percent.