gwilliams6

From Digital Camera World:
Sony overtakes Canon in top 16 photographic companies in the world. Is this surprising news to any of you?

https://www.digitalcameraworld.com/news/sony-overtakes-canon-in-top-16-photographic-companies-in-the-world?utm_term=406D0795-0446-4D25-AB3D-F5AD82C49B98&utm_campaign=75AC6D4F-39F0-41CB-A47C-7C5D939AC64B&utm_medium=email&utm_content=C3BF68C4-E6A8-460D-B00F-D24EF342B029&utm_source=SmartBrief

As reported by Digital Camera World, 2/9/23:

"Once upon a time, Canon and Nikon ruled the photographic world but now Sony and Fujifilm have worked up the ranks.

The 16 largest photography companies in the world have just been revealed and some of the top contenders come as a complete surprise. From Shutterstock to Sony and Leica to Lifetouch (don’t worry we hadn’t heard of it either), the list covers everything from the manufacturers of some of the best professional cameras(opens in new tab) to some of the best stock photo sites(opens in new tab).

According to Zion Market Research via Yahoo(opens in new tab), the value of the photography market is expected to rise to $149.4 billion by the end of 2028 reflecting a growth of 4.4% from 2021. Sitting at the very top of the list are the usual suspects… Sony takes the top spot with a whopping revenue of $8.44 billion in 2021, Canon comes in second place with a revenue of $5.11 billion and Fujifilm, who monopolizes the digital medium format camera(opens in new tab) market, came third with $1.71 billion (a pretty huge difference between the three top spots)."

JD750 Loc: SoCal

It does not surprise me. Camera tech is always a game of leapfrog but Nikon and Canon sat on their hands while Sony saw the future and innovated and invested in the mirrorless market. Now Canikon are playing catch-up and Sony is not waiting for them.

R.G. Loc: Scotland

If the Sony figure includes their revenue from making sensors for other manufacturers then it's no big surprise. If it's camera-only figures then it was only a matter of time before Sony emerged on top, considering their resources and their diversity of in-house expertise in various fields (photographic, computing, software, hardware etc).

gwilliams6

My reading of this list is it is all photographic revenue, only. Yes Sony makes sensors for other brands of cameras, and Sony also makes the vast majority of the World's tiny mirrorless cameras and tiny image sensors in most brands of smartphones, like in all the latest iPhones.

Cheers and best to you.

Grahame Loc: Fiji

What is Sony Electronics's Revenue?
Sony Electronics revenue is $8.5B annually. After extensive research and analysis, Zippia's data science team found the following key financial metrics.

Sony Electronics has 33,234 employees, and the revenue per employee ratio is $255,762.

Sony Electronics peak revenue was $8.5B in 2021.
https://www.zippia.com/sony-corporation-of-america-careers-38797/revenue/

Confusing.

Whereas "The imaging and sensing solutions segment of Sony Corporation generated sales of approximately 1.08 trillion Japanese yen in fiscal year 2021."
https://www.statista.com/statistics/913169/sony-sales-semiconductor-segment/#:~:text=The%20imaging%20and%20sensing%20solutions,to%20the%20previous%20fiscal%20year.
Which you would assume included cameras.
1.08 trillion Yen I believe = 8.2 Billion USD

Looks like the Camera/imaging/sensing revenue could be the same as the 'other electronics' revenue maybe.

OldSchool-WI Loc: Brandon, Wisconsin 53919

__________________________________(reply)
Barring monopoly or collusion, competition is good for consumers of any products. We don't need to rehash and rehash buyer motivations in "camera image making tools," though. Or whether one "mousetrap is actually an improved mousetrap." Competition with the stipulations I first mentioned, though should give the consumer more of what they demand whether an improvement or not. Only that they have shown a recognized demand.--------------ew

bsprague Loc: Lacey, WA, USA

I contributed to Sony's success!

MDI Mainer

What was surprising to me was that two retail stores, B&H and Adorama, made the list of the largest 16 photo companies. B&H was 10th ($460 million in revenue); Adorama 14th ($100 million).

PS Sadly, Abe's of Maine didn't make the cut.

gwilliams6

Kudos for B&H and Adorama.

Abe's is where it should be, off this list, LOL

Cheers and best to you.

Mac Loc: Pittsburgh, Philadelphia now Hernando Co. Fl.

Leica is listed at 11 and Hasselblad is listed at 16. How does that fit with reality?

User ID

Most of the lenses that I use on my Sonys are Canon lenses.

gwilliams6

It is based on actual revenue. Have you priced Leica and Hasselblad gear lately. They can make more revenue with less sales that less expensive brands, and they do both have industrial , medical and scientific photo products they sell and those products bring in good revenue.

Cheers and best to you.

gwilliams6

I did the same when I first moved over to Sony mirrorless from Canon DSLRs back in January 2017. But I gradually sold off my Canon DSLR-designed lenses and moved to native E-mount mirrorless-designed lenses from Sony, Sigma and Tamron.

And I get much better overall AF performance than when I used my Canon DSLR-designed EF lenses and Sigma DSLR-designed EF lenses with the MC-11 adaptor on my Sonys. They worked ok, but not nearly as well as my mirrorless-designed native E-mount lenses which are also overall more compact, weigh less and have more modern , sharper and better optical designs, and have more modern, faster focusing motors. The right move for me.

FYI, I did keep one of my Canon DSLR-designed lenses, the Canon TS 17mm f4 Tilt-shift lens. It is a manual focus, manual aperture lens anyway and it works fine for some special photo duty, used with the MC-11 lens adaptor.

As you may know, I have owned Sony A6500, A7RII, A7RIII, A7III, A9 and currently own Sony A7RIV, A1, A7SIII. And i currently own 13 mirrorless-designed native E-mount lenses covering 10mm to 600mm from Sony, Sigma, Tamron.

Cheers and best to you.

(Download)

User ID

Simply the best of two worlds. Its no way as complicated as youve cobbled it up to be in your explanations.

gwilliams6

Do what works for you and be happy, there is room for all users and all choices.

It isn't really all that complicated. I will take from extensive real-world firsthand experience what I know is fact and reality, and make the correct choices for what is best for the top quality of my professional and personal work.

Cheers and best to you.