Canon CEO thinks the digital camera market will shrink further the next two years until we finally hit the bottom

Canon CEO Fujio Mitarai released some interesting info in a recent interview with Nikkei:

1) Canon will shift the camera business’s focus to corporate customers
2) T
he market for digital cameras could shrink to about half in the next two years.
3) n our company cameras have declined at around 10% a year (sales volume) in the past few years (combined with single lens reflex and mirrorless) The world market for interchangeable lens cameras is around 10 million, but decreased
4) The mirrorless product is growing, but it is a replacement with a single lens reflex, it is not adding to the market as a whole “
5) People usually shoot with smartphones.The digital camera market will keep falling for about 2 years, but professional and high amateur (advanced) amateurs use about 5 to 6 million units. Finally there I will hit the bottom.

I believe Canon is right on this: The camera market will still shrink the upcoming years and probably their DSLR line will slowly fade out too with less and less DSLR cameras being released.

via Digicame-info.com

Olympus E-M1X announced and Jared Polin destroyed it :(

E-M1X Preorders:
Olympus E-M1X in USA at Amazon, GetOlympus, Adorama and BHphoto.
Olympus E-M1X in Europe at Calumet Germany, ParkCameras, Jessops, WexUK.

Olympus announced the new E-M1X, 150-400mm lens, a new roadmap and a new Silver edition E-M1II. All news can be found at 43rumors.com.

A remarkable news related to this is the very hars review from Jared Polin:

I rarely saw such a direct destructive attack on a camera :)

A probably more balanced review can be seen here:

 

Reviews and previews:
Robin Wong’s hands-on. Hands-on by Explora. Preview by CameraLabs. Review in progress at Dpreview. Review by ThePhoBlographer. First look at LCEgroup. Shooting experience at Dpreview. Preview at Photographyblog. E-M1X vs E-M1II by Mirrorlesscomparison. Spanish hands-on from Photolari. E-M1X vs E-M1II by Techradar.

Techart just made this E-mount to Nikon Z autofocus adapter

Techart is about to release a new Sony E to Nikon Z autofocus adapter. It means Nikon Z camera owners will be able to use any E-mount lens with full electornic control! Impressive!

Of course, it still has to be seen how fast (or slow) autotofus will work. I don’t expect this to work as well as on Sony cameras.

 

Source: Weibo