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New Nikon mirrorless system "expected by spring 2019"

Image: Nikon 1 V3, the flagship model in the company's current 1-series system

A Nikon executive has revealed that he expects the company's new, heavily anticipated mirrorless system to be announced by spring 2019.

Speaking at the Camera & Photo Imaging Show (CP+) in Japan, Kimito Uemura stated that the new system was currently in the works, and that it wouldn't be long before we would see what the company had been developing.

“Unfortunately, we weren't able to bring out a mirrorless model for this year's event," he stated. "But development is underway, and we expect to bring one to market by spring next year.”

Speculation around a new mirrorless system has increased over the past year or so, particular since the company appears to have stopped developing its 1-series system of mirrorless cameras and lenses. 

Read more: The 10 best mirrorless cameras right now

Many expect the company to release a full-frame rival to the likes of Sony's A7-series of cameras, particularly as previous comments made in an interview Chinese website Xitek by Nikon mentioned that if the company were to produce a new mirrorless system, it would need to be based around a full-frame sensor. 

Currently, the company only employs full-frame sensors in its DSLR cameras such as the D850 ands D5. Nikon chose to base its 1-series models around a far smaller 1in-type sensor, which has allowed its bodies and lenses to be relatively compact, but at the expense of image quality next to rival systems.

Read more: Nikon D850 review