Tamron published the full 2021 financial results. And it confirms that it will stick on their policy “of launching about 5 new products every year”.

UNlike other company financial reports Tamron really shares deep insights into the market. Here are some key info:

• Despite an uptick in economic activity, there were resurgences of COVID-19 around the world and the effects of semiconductor shortages became serious in the second half of the year.
• The markets for interchangeable lens cameras and interchangeable lenses saw positive growth despite the COVID-19 pandemic. Interchangeable lens cameras ⇒Up 1% in terms of quantity; Up 21% in monetary terms
• Mirrorless cameras: Up 6% in terms of quantity; Up 31% in monetary terms
• SLR cameras: Down 6% in terms of quantity; down 6% in monetary terms
• Interchangeable lenses: Up 6% in terms of quantity; Up 35% in monetary terms

And this is their forecast:

• Economic environment: A gradual recovery is expected, but effects from the semiconductor shortage will continue.
• Market environment :-Markets for interchangeable lens cameras and interchangeable lenses are expected to remain flat in volume terms, but increase in monetary terms thanks to strength in high value-added products. -High growth will continue in the surveillance and automotive markets.

Tamron sees a bright future for the market!