Doom-and-gloom stories of the state of the camera market have been pretty common over the past year due to COVID-19. But what if the data used to determine the health of the industry was flawed?
The Camera and Imaging Products Association in Japan, otherwise known as CIPA, has published global camera and lens production data through September of this year, and the results show that the industry clearly has taken a hit from the global coronavirus pandemic.
Right on cue, CIPA has released its latest report, showing how camera shipments in March were affected by the rapid spread of the coronavirus, and the economic shutdown that followed. No surprises here: the numbers are grim.