PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1774806
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1774806
Global Electronic Viewfinders Market to Reach US$1.9 Billion by 2030
The global market for Electronic Viewfinders estimated at US$1.3 Billion in the year 2024, is expected to reach US$1.9 Billion by 2030, growing at a CAGR of 6.1% over the analysis period 2024-2030. DSLR cameras, one of the segments analyzed in the report, is expected to record a 4.8% CAGR and reach US$429.2 Million by the end of the analysis period. Growth in the Mirrorless cameras segment is estimated at 4.6% CAGR over the analysis period.
The U.S. Market is Estimated at US$359.7 Million While China is Forecast to Grow at 9.4% CAGR
The Electronic Viewfinders market in the U.S. is estimated at US$359.7 Million in the year 2024. China, the world's second largest economy, is forecast to reach a projected market size of US$380.0 Million by the year 2030 trailing a CAGR of 9.4% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.1% and 5.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.0% CAGR.
Global Electronic Viewfinder (EVF) Market - Key Trends & Growth Drivers Summarized
Why Are Electronic Viewfinders (EVFs) Transforming Photography and Videography?
Electronic viewfinders (EVFs) have revolutionized the photography and videography industries by replacing traditional optical viewfinders (OVFs) with high-resolution digital screens that provide real-time previews of images and videos. Unlike optical systems, EVFs allow photographers to see exactly how exposure settings, white balance, and focus adjustments will affect their final shot, enhancing precision and creative control.
The increasing adoption of mirrorless cameras over traditional DSLRs has significantly driven the demand for high-quality EVFs. With the rise of professional content creation, live streaming, and high-speed sports photography, EVFs offer advantages such as enhanced focus peaking, real-time exposure simulation, and improved low-light visibility. Additionally, the growing popularity of compact and lightweight cameras has encouraged manufacturers to develop advanced EVFs that provide high refresh rates, minimal lag, and ultra-high-resolution displays for a seamless shooting experience.
What Are the Latest Innovations in Electronic Viewfinder Technology?
Recent advancements in EVF technology have focused on improving resolution, refresh rates, and real-time image processing capabilities. The introduction of OLED-based EVFs has enhanced display clarity, providing better contrast, deeper blacks, and more accurate color reproduction. These high-resolution OLED panels now reach resolutions above 5.76 million dots, ensuring sharp and detailed previews even in high-speed shooting conditions.
Another significant innovation is the integration of AI-powered autofocus tracking within EVFs, allowing photographers to instantly detect and track subjects with precision. This feature is particularly beneficial for wildlife, sports, and action photography, where capturing fast-moving subjects is crucial. Additionally, some advanced EVFs now include eye-tracking technology, enabling photographers to select focus points simply by looking at a subject within the viewfinder. The introduction of real-time HDR preview technology further improves dynamic range visibility, ensuring optimal exposure in high-contrast environments.
How Are Market Trends and Consumer Preferences Influencing EVF Adoption?
The rapid shift from DSLR to mirrorless cameras has reshaped the camera industry, making electronic viewfinders a standard feature in professional and high-end consumer cameras. As photographers demand more accurate exposure previews and focus assistance, camera manufacturers are prioritizing the development of EVFs with high refresh rates (120Hz or higher) to eliminate motion lag and provide a more immersive shooting experience.
Market trends indicate a growing preference for compact and travel-friendly cameras equipped with high-performance EVFs. The rise of hybrid photo-video creators has also increased demand for EVFs with customizable information overlays, allowing users to access histograms, zebras, focus peaking, and waveforms directly in their viewfinder. Additionally, advancements in augmented reality (AR) and AI-assisted composition tools are expanding EVF functionality, providing real-time shooting suggestions and smart framing assistance.
What Is Driving the Growth of the Electronic Viewfinder Market?
The growth in the electronic viewfinder market is driven by increasing adoption of mirrorless cameras, advancements in high-resolution OLED and microdisplay technologies, and rising demand for professional-grade photography and videography tools. As content creators, vloggers, and professional photographers seek better real-time feedback on their shots, the need for high-performance EVFs continues to grow.
End-use expansion is another key driver, with EVFs being integrated into hybrid mirrorless cameras, cinema cameras, and even advanced consumer camcorders. The integration of AI-powered autofocus, eye-tracking, and AR-assisted composition tools is further enhancing market adoption. Additionally, collaborations between camera manufacturers, display technology firms, and AI software developers are fostering innovation, ensuring that EVFs continue to evolve in line with next-generation imaging requirements.
SCOPE OF STUDY:
The report analyzes the Electronic Viewfinders market in terms of units by the following Segments, and Geographic Regions/Countries:
Segments:
Camera Type (DSLR cameras, Mirrorless cameras, Point-&-shoot cameras, Professional video cameras, Cinema cameras, Action cameras, Drone cameras, Smartphone Attachments); Viewfinder Technology (LED electronic viewfinder, LCD electronic viewfinder, OLED electronic viewfinder, Micro-OLED electronic viewfinder); Application (Photography, Videography, Cinematography, Broadcast, Surveillance, Scientific research, Medical imaging)
Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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