
TOKYO -- From single-lens reflex cameras to their mirrorless offshoots, Japanese camera makers have largely outclassed their overseas rivals in technology and sales, capturing a combined 90% of market share in digital cameras. But with the spread of smartphones with increasingly powerful photo capabilities and the effects of the pandemic on consumer consumption, industry heavyweights like Nikon and Canon have been refocusing product lineups.
These and other iconic names are now leveraging their optical technology prowess to make compact 3D printers, devices for the Internet of Things or other precision products.