Camera
At CP+ 2025 it finally felt like the camera industry got its mojo back

A couple of weeks ago, DPReview attended the 2025 CP+ Expo in Yokohama, Japan, the annual camera industry trade show sponsored by the Camera & Imaging Products Association (CIPA). CP+ is an opportunity for us to meet with senior executives from across the camera industry, but it’s also a chance to gauge the market’s health more indirectly.
After going through years of contraction, the past few years have generally been a period of stabilization for the camera industry. We’re not returning to the heady days of DSLRs and compact models flying off the shelves in the tens of millions, but industry executives have consistently told us that the market has reached a point of equilibrium and is even growing a bit.
However, despite the positive outlook from industry leaders, it’s hard to ignore that, for the past couple of years, the CP+ Expo lacked a certain energy that we used to see at camera trade shows. In 2025, however, we saw several signs that CP+, and possibly the industry, are regaining some of that past mojo.
The crowds were bigger
It’s no secret that camera trade shows have been hit hard over the past few years, with stalwarts like Photokina and PMA falling by the wayside and becoming historical footnotes. Trade shows, in general, have been flagging as companies discover new ways of connecting with customers, and the camera industry is not immune to that.
“We saw several signs that CP+, and possibly the industry, are regaining some of that past mojo.”
CP+ was hit particularly hard by the global pandemic in 2020, which resulted in a three-year hiatus before an in-person expo returned in 2023. And, while there was clearly excitement among attendees and manufacturers to be back in action, one couldn’t help but notice that the crowds felt smaller and the energy levels lower. It didn’t portend an exciting future.
What a difference a year makes: in 2025, CP+ felt busy and vibrant again. There were lines outside the expo hall snaking back and forth well before the doors opened, packed with consumers eager to see the latest gear. The expo hall was crowded, the booths were busy, and even the aisles were filled with excitement and energy that have been largely absent since the pandemic.
The attendees are changing
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CP+ attendees listen to a speaker in the Sigma booth. It seemed like there were more women at CP+ than in the past.
Frame from video: Dale Baskin |
Yes, the crowds are getting bigger again. But what may be even more important is who we saw in attendance.
Typically, we would expect to see traditional camera enthusiasts at CP+, the type of person who has a collection of cameras and lenses at home, and we saw plenty of attendees with current models slung around their necks. To be sure, there were plenty of these people at the expo, and that’s a good thing for the industry.
What jumped out, however, was the number of young people we saw in attendance, and it was common to see them in sections of booths specifically targeting ‘creators.’ You found them in other places, too; at least anecdotally, the industry’s efforts to connect with this up-and-coming customer base may be paying dividends.
Additionally, it seemed like there were more women in attendance this year. I don’t have any hard data to back this up, so you’ll have to trust my observations, but it’s certainly a good sign if the industry is more effectively connecting with women photographers.
Companies are timing product launches around CP+
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DPReview was the first publication to get our hands on the new Canon V1, a compact camera announced to coincide with CP+ 2025.
Photo: Dale Baskin |
The CP+ Expo hasn’t historically been an anchor event camera companies use to announce new products. It wasn’t uncommon for a few products to be announced in the weeks leading up to the event, and companies occasionally used CP+ for big announcements, but it was the exception rather than the rule.
Suddenly, CP+ is a hot place for announcements.
Panasonic announced its new Lumix S1RII high-resolution flagship camera, Canon had its just-announced Powershot V1 compact model on display, and Sony revealed its new 16mm F1.8 G and 400-800mm F6.3-8 G lenses. Even Zeiss got in on the action, announcing new Otus 50mm F1.4 ML and 85mm F1.4 ML lenses.
On top of that, Sigma announced its new BF camera, along with new 16-300mm F3.5-6.7 DC OS and 300-600mm F4 DG OS lenses, at its own event in Tokyo earlier in the week, clearly designed to coincide with CP+, and the expo was the first opportunity for customers to get their hands on the products.
And this doesn’t even include all the new lenses revealed by the up-and-coming Chinese lens manufacturers. Speaking of which…
Chinese lens companies have arrived in force
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Chinese lens companies unveiled numerous new lenses at CP+ 2025, some designed to go head-to-head with the camera manufacturers’ own lens options.
Photos: Richard Butler |
Over the past few years, Chinese lens companies have transformed the camera market, becoming competitive manufacturers capable of producing sophisticated autofocus lenses with impressive optics.
This isn’t the first year these companies have been at CP+. However, in 2025, they collectively made their presence felt like never before, unveiling no less than ten lenses between them, including several that ought to get the attention of first-party manufacturers.
Viltrox jumped in with its AF 35mm F1.2 LAB FE and AF 85mm F1.4 PRO FE lenses for Sony E-mount, along with a full-frame compatible AF 50mm F2.0 Air and APS-C AF 25mm F1.7 Air, both available for multiple mounts. Laowa joined the party with full-frame 8-15mm F2.8 Fisheye and 15mm F4.5 0.5x wide-angle macro lenses, and even a 35mm F2.8 Tilt Shift lens for Fujifilm GFX.
“Chinese lens companies unveiled numerous new lenses at CP+ 2025, some designed to go head-to-head with the camera manufacturers’ own lens options.”
Not to be left out, 7Artisans showed off full frame 24mm F1.8 and 35mm F2.8 lenses in multiple mounts and APS-C 25mm F1.8, 35mm F1.8 and 50mm F1.8 primes, also available in multiple mounts. Even Samyang got in on the fun, unveiling its AF 14-24mm F2.8 zoom for E-mount, co-branded with Schneider Kreuznach.
If this trend continues, CP+ could become a very exciting venue for new lenses.
What does it mean?
It’s one thing for camera industry executives to tell us the industry is headed in a positive direction. It’s another to walk the aisles of an expo hall teeming with excited consumers who telegraph that message in the real world. Seeing younger generations out in force and excited about using cameras is particularly exciting.
It’s also been a long time since we’ve seen this many big industry announcements centered on a single event. However, if the industry can coalesce around CP+, it presents an opportunity for manufacturers to generate industry-wide excitement about new products at a level we haven’t seen since the days of Photokina, and that would undoubtedly be a positive thing for the industry as a whole.
Camera
Canon's latest Instagram post teases two new cameras coming next week

Image: Canon |
Canon posted a teaser across its social media channels, promising that something is coming soon. The post features two cameras shrouded in shadow, with a large “V” between them and the date March 26. “In one week, a new chapter begins! We promise it’s worth the wait,” says the Instagram caption. “Subscribe to our YouTube channel at the link in our bio to be among the first to know!”
Of course, as a teaser, details are minimal. But the photo does provide some worthwhile details. One of the cameras is less hidden in shadow than the other, revealing a bit more. It looks remarkably like the Canon PowerShot V1, which was recently released in Asia during CP+. You can even make out the 8.2-25.6mm lens, which is what the V1 features. So, it seems like a safe bet to guess that we will see a broader release of the new compact vlogging camera.
The second camera, though, is much darker. Even when brightened, it doesn’t reveal any additional details. However, the giant “V” in the image suggests that both cameras will fall in the company’s V series of vlogging and creator cameras. It looks to be only slightly larger than the PowerShot V1, though the lens seems quite a bit larger than the V1’s. It’s hard to tell if it’s another fixed-lens compact or if it could be an interchangeable lens system for vloggers.
Luckily, the announcement is only a week away, so we don’t need to wait much longer to find out what Canon is hinting at.
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Camera
Fujifilm weighs in: "There's a lot of potential in compact cameras"

2012’s XF1 was just one of a range of high-end compacts Fujifilm produced in the past.
Photo: DPReview.com |
In our interview with Yuji Igarashi, Fujifilm’s Divisional Manager, Professional Imaging Group, he seems to hint at more affordable models, aimed at first-time photographers.
“I think now that cameras have become quite expensive, that’s maybe why young people are going to second-hand cameras for their first camera,” he says: “I think maybe there’s a gap for young people to start shooting with digital cameras.”
“Maybe there’s a gap for young people to start shooting with digital cameras”
The public awareness generated by the X100V and VI puts them in a good position, he suggests: “We’re getting a lot of interest from the younger generation. The younger generation and also a more female audience. Because in the past it was a more male-dominated industry.”
“That’s an opportunity for expansion: the younger generation, both male and female.”
This audience isn’t necessarily familiar with cameras, he suggests: “I think you know many people are the first-time buyers of cameras, so I think that’s a huge difference. People who were coming to our system maybe five or ten years ago had experience in shooting with other cameras and then starting with X-series, whereas now we’re seeing people for whom X-series is the first camera in their entire life, so they’re comparing their experience to smartphones, rather than comparing to other cameras.”
“Now we’re seeing people for whom X-series is the first camera in their entire life”
“To be honest, we’re still trying to figure out what is the right camera. Of course many young people are interested in X100, X-M5, X-T30 and even X-T5 so they’re quite diverse: we can’t really categorize that audience.”
But, he hinted, addressing this audience might mean an expansion beyond its existing models. “They want what’s right for them,” he says: “it’s not like there’ll be one camera that’s right for everyone.”
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“I think [X100VI] has helped raise awareness of other X-series cameras,” says Igarashi
Photo: Richard Butler |
Could be compact
Could there be room in Fujifilm’s lineup for a compact camera, again, we wondered. “I think there is demand for compact cameras,” says Igarashi.
“I think that smartphones have actually helped people get into photography because everybody takes pictures. So I think there’s potential for compact cameras.”
The younger generations’ relationship with photos is different from their established users, he suggests: “When young people now take a picture and then look back at a picture they took maybe 10, 15 years ago, it may look almost exactly the same because image quality has remained very good.”
“I think there’s a lot of potential in compact cameras as long as we can provide something unique”
“So they’ve never experienced this kind of nostalgia in their images. I think second-hand compact cameras are perhaps unique because the images look kind of old and the body looks old and gives this nostalgic feeling to it.”
“For my generation, when we were children we had film cameras: we already experienced that, so it’s not a new thing for us, but it’s a new thing for a younger generation.”
“I think there’s a lot of potential in compact cameras as long as we can provide something unique, and provides a unique experience for the users.”
Must be engaging
Experience, is a critical consideration Igarashi says: “I think that the shooting experience is probably the most important thing that distinguishes smartphones,” he says: “For our cameras, at least.”
“I think that experience is what young people are looking for: the fact that you’re intentionally capturing this moment in time, the way you want to capture it.”
“Smartphones can be a great tool, but I think there’s more emotion you can add by using a camera to capture the scene.”
Interview conducted by Dale Baskin and Richard Butler, at the CP+ 2025 show in Yokohama, Japan. Answers edited for flow.
Camera
"Our plan hasn't changed," says Fujifilm of X-Pro, but X-E may have snapshot future

Fujifilm’s Makoto Oishi and Yuji Igarashi at the company’s booth at CP+ 2025.
Photo: Dale Baskin |
Fujifilm is still committed to both the X-Pro and X-E lines, says Yuji Igarashi, Divisional Manager of its Professional Imaging Group, as we discussed the future of those cameras, the challenges of autofocus and addressing the X100VI backlog.
X100VI backlog
Igarashi was keen to explain how the X100VI has ended up back-ordered and clear-up the mistaken impression that the shortages are intentional.
“The number of pre-orders on Day One was so big that some people have been waiting for a year,” he acknowledges: “It was an extraordinary volume of orders and, of course, we’re doing our best to catch up with that. We’ve been shipping consistently, and we continue to do our best.”
“We’ve increased our production of X100VI quite a lot,” he says. To put it in context, he tries to give an idea of how they got caught off-guard: “if you look at the X100 series’ history, we’ve had five cameras preceding this camera and we’ve already sold in a year what they would have sold in three or four years.”
“We’ve already sold in a year what they would have sold in three or four”
Ramping-up production is harder for a camera like the X100VI, he says: “Generally speaking, a premium product is more difficult to produce. For example, the top plate of X100VI, you can see the sharp edges are made from aluminum, and it goes through many processes like stamping and milling, and filling in the colored details. So, it’s not like you can simply increase production, quickly. But of course, we will continue to do our best to make a camera available to everyone who wants one. ”
Autofocus concerns
Igarashi also said he recognized the concerns some users and reviews have expressed about autofocus.
“I don’t think we are at the point where I can say, ‘Ok, this is good enough and we’re not going to do any more’, he says: “So even today, we’re working on making improvements.”
“Of course, we always continue to improve our autofocus and also we are aware that we have room to improve as well. And so we’re making a continuous effort.”
“We are aware that we have room to improve… so we’re making a continuous effort”
One aspect is that the evolution and expansion of the X-series is exposing their cameras to new photographic challenges, he says: “Picking up the X100 autofocus, and then using an X-H with a telephoto prime lens and trying to capture wildlife is a completely different story.”
“Of course we know that shooting wildlife or sports is not our bread and butter: it’s not what we’ve been doing for years, and that’s what we’ve been learning as we create these longer lenses. We’ve been expanding our field of photography as we’ve been expanding our lens lineup.”
“The areas we’re used to, I think we’re better at, and the new areas we’re expanding into, those are both the spaces we think we have room to improve.”
On X-Pro and X-E
“Our plan hasn’t changed, we still plan to launch a successor to X-Pro3, but we don’t have a date, yet. And X-E of course, too. We haven’t abandoned the line either.”
But, especially in the light of what he’d said about a younger audience, we wondered whether it was likely that the X-E series would return to its more enthusiast-focused roots, given how much the X-T series has now expanded to address that audience.
“We’re always considering what’s right, so it’s never fixed,” he says: “I think we look into every product, not just X-E. There’s nothing that’s perfect, which is totally unchangeable: it’s something we consider every time we come up with the next version.”
There are limits to this, he suggests: “I think everybody would be surprised if it wasn’t rangefinder style,” he jokes.
“Some people really liked the latest X-E”
But, he says, it’s impossible for one product to serve everyone: “Some people really liked the latest X-E we had: X-E4, but some did not, so while we can’t make everyone similarly happy, we try to come up with the best possible solutions. We try to listen to the latest feedback and make improvements from there.”
Jun Watanabe, Product Planning Manager, explained the sorts of users they will be building the next X-E for: “They love the rangefinder style, and they don’t have a specific shooting subject [in mind],” he says: “They love daily life photography [and using X-E] as a snap camera.” Importantly, “they love the style and the design,” he confirms.
The future of photo-focused cameras
Existing photographers shouldn’t be alarmed at the company’s efforts to broaden their appeal, Igarashi stresses. If anything, the broadening product line lets each camera be a bit more focused: “I think improving cameras for photographers is very much possible. Very small things, but for example, because we have more hybrid cameras like the X-H, that’s allowed us to make the X-T5 screen a tilting screen instead of flip out screen. We can probably separate our cameras more between stills and hybrid models.”
“We just need to be mindful of who the audience is, and how to provide the right fit for those people.”
Interview conducted by Dale Baskin and Richard Butler, at the CP+ 2025 show in Yokohama, Japan. Answers edited for flow.
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