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The global electronic viewfinder market was valued at USD 1.26 billion in 2023 and is anticipated to grow at a CAGR of over 8% between 2024 and 2032.
Rising DSLR and mirrorless camera demand drives the electronic viewfinder (EVF) market as these cameras rely heavily on advanced viewfinding technologies for precise image composition. Mirrorless cameras are built around electronic viewfinders, as they lack optical viewfinders. The increasing preference for high-quality photography, professional-grade features, and compact designs fuels the popularity of these cameras among photographers, videographers, and content creators. As demand for mirrorless and DSLR cameras grows, manufacturers invest in developing improved EVFs, boosting the overall market for electronic viewfinders.
Report Attribute | Details |
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Base Year: | 2023 |
Electronic Viewfinder Market Size in 2023: | USD 1.26 Billion |
Forecast Period: | 2024 - 2032 |
Forecast Period 2024 - 2032 CAGR: | 8% |
2032 Value Projection: | USD 2.57 Billion |
Historical Data for: | 2021 - 2023 |
No. of Pages: | 220 |
Tables, Charts & Figures: | 359 |
Segments covered: | Camera type, viewfinder technology, resolution, application |
Growth Drivers: |
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Pitfalls & Challenges: |
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For instance, in March 2021, SIGMA Corporation has introduced the latest addition to its fp series the SIGMA fp L, the world's smallest and lightest full-frame mirrorless camera equipped with a powerful 61MP Bayer sensor. This ultra-compact camera offers exceptional image resolution and continues the fp series' legacy of seamless still and cine mode switching, alongside customizable scalability. The fp L introduces hybrid autofocus, USB charging during use, and an optional external electronic viewfinder (EVF-11), enhancing both functionality and user experience for photography enthusiasts.