The 3 pictures in this post were made whilst I was on my way to make some supplementary photos for the upcoming Walking /Photography exhibition at Encounters Gallery for the SALA Festival in South Australia. The Festival starts in August, 2020.
We may have seen the end of the rapid improvements in digital camera technology. The current news in the Japanese camera industry's shrinking market continues to be grim. After successfully driving out the Germans (eg., Rolleiflex) from the industry in the first decade of the 21st century, the digital bubble that began in the mid-2000's burst at the start of the second decade. Since then the sales of the iconic brands in the Japanese camera industry have been on a steady downward trajectory.
It is reported that 2020 camera sales in Japan are on track to be roughly 1/10th what they were back in 2010, when digital camera sales peaked at 121 million units. Some iconic camera manufacturers --eg., Nikon--are making losses, and they are forced to reduce costs to stay afloat in a world of smartphone technology and Covid-19.
The implication is that photography is now an electronics technology. The speed of change in the electronics business (computing power, memory, screens and sensors) now drive the markets. The big electronics companies are increasingly owning photography. The new normal for the interchangeable lens digital cameras is they have stopped being mass consumer products and have become the specialist equipment of the niche market of professionals', artists and ambitious amateur photographers'.
With a mature technology for digital cameras having being reached, and most consumers and tourists happy to use their smart phone for their everyday photography, restructuring in the Japanese camera industry looks to be economically necessary. The iconic Japanese brands will need to specialise and diversity--as Leica has managed to do. Cameras in the niche market will become more expensive--just like they used to be before the digital boom.