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Canon Inc won the top market share in global digital camera shipments in 2006, and South Korea's... 03-04-2007: Canon leads in
Canon Inc won the top market share in global digital camera shipments in 2006, and South Korea's Samsung Electronics jumped up the ranks to 5th place from 9th a year ago, researcher IDC said on April 3.
Tokyo-based Canon shipped 19.7 million digital cameras in 2006, accounting for 18.7% of the overall market. Canon's shipments jumped 23.3% from 2005, IDC said.
Industrywide digital camera shipments in 2006 rose 14.5% to 106 million units from a year earlier, driven by the strong popularity of single-lens reflex (DSLR) models geared for photo enthusiasts and professionals and growing demand in emerging markets, IDC said.
DSLR shipments grew 39% to five million units last year. Sony Corp was number two in the market with a 15.8% share, up from 15.2% in 2005, benefiting from its entry into the DSLR market, IDC said.
Eastman Kodak, the only US company among the top five digital camera makers, ranked third with 10%, a drop from its 14.2% share a year earlier. Olympus Corp, which came in fourth, trimmed its share to 8.6% from 9.8% in 2005.
"The big winner in 2006 was Samsung, who displaced Nikon and became the fifth-largest seller of digital cameras in the world," said Christopher Chute, an IDC analyst.
Samsung expanded its market share to 7.8% in 2006, a huge jump from the 3.8% it had a year earlier. Its shipments more than doubled, IDC said. Nikon Corp, the world's second-biggest maker of professional cameras after Canon, ranked number six in the overall digital camera market with a 7.6% market share in 2006.
Canon also dominated the booming DSLR market, securing a 46.7% share in 2006, with its shipments rising 30.7% from a year earlier. But its share was trimmed from the 49.5% it had in 2006 amid increased competition from rivals.
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