Panasonic eyes 10% mkt share in camera lens segment in FY18

Japanese Consumer electronics maker Panasonic today said it is eying to corner around 10 per cent market share in the professional inter-changeable lens segment in FY 2017-18.

The company is expecting its high precision video recording facility would help create space in the segment which is largely dominated by other Japanese rivals such as Nikon and Canon.

The company today launched its hybrid camera Lumix GH5 here.

"We are looking for at least 10 per cent market share in FY 2017-18 in the high end camera segment, in which GH5 would be competing," Panasonic India Product Head- Digital Imaging, Gaurav Ghavri told

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)