Global CCTV Camera Market Opportunities and Forecast 2023-2030
- DLR2022
- 21 September, 2020
- Electronics & Semiconductor
- Pages: 120
- Global
Global CCTV Camera Market, By Type (Bullet Camera, Dome Camera, PTZ Camera, Box Camera, Others) By Technology (Analogue, IP/Network, HD) By Application (Commercial, Industrial, Residential, Government) opportunities and forecast 2023-2030
Covid-19 Impact on CCTV Camera Market:
Like many other industries, COVID-19 badly knocked the electronic and semiconductor industries. This unprecedented event has impacted nearly 230 countries in just a few weeks, resulting in the forced shutdown of manufacturing and transportation activities within and across the countries. This has directly affected the overall sector's growth. It is estimated that COVID-19 to leave more than USD 30 billion impacts on the electronics and semiconductor industry. The sector is majorly affected due to transport restrictions on major electronics and semiconductor raw material providers. However, the emerging need for semiconductors in several industries will offer rapid market recovery over the future period.
Market Overview
CCTV offers the wide range of benefits for the industrial sectors particularly in businesses. It provides solutions such as information management and business intelligence in sectors including retail to deliver real time analysis of customer movement and traffic patterns in the outlets.
The use of the CCTV cameras at traffic signals allows the movement observing of the traffic, it permits the specialists to understand traffic density at the peak hours and therefore aid in decreasing the traffic jamming at the signals. Furthermore, use of these cameras at the commercial places increases the safety procedures and hence help to decrease risks from any theft or robbery thereby propel the market. The use of the cameras for video analytics traits such as motion detection, heat mapping, people counting, among various others is projected to further propel the market growth of CCTV cameras in coming years.
Segment Overview
Analog segment is anticipated to be the primary sub-segment. Low cost related with the analog cameras is anticipated to boost the market growth of sub-segment over the forecast period. Furthermore, on the basis of application, it is sub-segmented into commercial, residential, industrial, government. Commercial infrastructure is anticipated to be largest. This is accredited to the great demand from the industrial segment in order to defend the commercial assets and property such as data, inventory, and files.
Regional Overview
Geographically, the global CCTV Camera market can be divided by the major regions which contain North America, Europe, and Asia-Pacific region, Latin America, Middle East and Africa. The Asia-Pacific region captured highest share in overall revenue of the global CCTV camera market in the 2018. Furthermore, in the coming years, India and China are anticipated to be the key market in Asian CCTV camera market. Europe and North America stood at second and third place in the global CCTV camera market in 2018. North America is the most competitive markets through the globe with numerous regional and a few large global players. In next few years, LAMEA is expected to attain considerable share in global CCTV camera market till 2026.
Competitor overview
The market structures intense competition with numerous players operating through the major sectors of global CCTV market: software product development, product manufacturing, and services. The noteworthy demand for the products with excellent video quality, high precision, and state-of-the-art features such as the facial recognition have encouraged the software developers and product manufacturers to introduce the technologically innovative products. Presence of several noticeable vendors in market has led to intense cost declines and the accessibility of several product diversities at competitive prices.
Some of major vendors operating in global CCTV market are Samsung Techwin, Baxawell, Hikvision, Honeywell International Inc., Toshiba Corporation, Schneider Electric, Panasonic System Network Co. Limited, Axis Corporation, Bosch Security Systems Inc., ADT Security Systems, Checkpoint system, Mitsubishi Electric and Vicon industries.
Key Players
Market Segmentation
By Type
Covid-19 Impact on CCTV Camera Market:
Like many other industries, COVID-19 badly knocked the electronic and semiconductor industries. This unprecedented event has impacted nearly 230 countries in just a few weeks, resulting in the forced shutdown of manufacturing and transportation activities within and across the countries. This has directly affected the overall sector's growth. It is estimated that COVID-19 to leave more than USD 30 billion impacts on the electronics and semiconductor industry. The sector is majorly affected due to transport restrictions on major electronics and semiconductor raw material providers. However, the emerging need for semiconductors in several industries will offer rapid market recovery over the future period.
Market Overview
CCTV offers the wide range of benefits for the industrial sectors particularly in businesses. It provides solutions such as information management and business intelligence in sectors including retail to deliver real time analysis of customer movement and traffic patterns in the outlets.
The use of the CCTV cameras at traffic signals allows the movement observing of the traffic, it permits the specialists to understand traffic density at the peak hours and therefore aid in decreasing the traffic jamming at the signals. Furthermore, use of these cameras at the commercial places increases the safety procedures and hence help to decrease risks from any theft or robbery thereby propel the market. The use of the cameras for video analytics traits such as motion detection, heat mapping, people counting, among various others is projected to further propel the market growth of CCTV cameras in coming years.
Segment Overview
Analog segment is anticipated to be the primary sub-segment. Low cost related with the analog cameras is anticipated to boost the market growth of sub-segment over the forecast period. Furthermore, on the basis of application, it is sub-segmented into commercial, residential, industrial, government. Commercial infrastructure is anticipated to be largest. This is accredited to the great demand from the industrial segment in order to defend the commercial assets and property such as data, inventory, and files.
Regional Overview
Geographically, the global CCTV Camera market can be divided by the major regions which contain North America, Europe, and Asia-Pacific region, Latin America, Middle East and Africa. The Asia-Pacific region captured highest share in overall revenue of the global CCTV camera market in the 2018. Furthermore, in the coming years, India and China are anticipated to be the key market in Asian CCTV camera market. Europe and North America stood at second and third place in the global CCTV camera market in 2018. North America is the most competitive markets through the globe with numerous regional and a few large global players. In next few years, LAMEA is expected to attain considerable share in global CCTV camera market till 2026.
Competitor overview
The market structures intense competition with numerous players operating through the major sectors of global CCTV market: software product development, product manufacturing, and services. The noteworthy demand for the products with excellent video quality, high precision, and state-of-the-art features such as the facial recognition have encouraged the software developers and product manufacturers to introduce the technologically innovative products. Presence of several noticeable vendors in market has led to intense cost declines and the accessibility of several product diversities at competitive prices.
Some of major vendors operating in global CCTV market are Samsung Techwin, Baxawell, Hikvision, Honeywell International Inc., Toshiba Corporation, Schneider Electric, Panasonic System Network Co. Limited, Axis Corporation, Bosch Security Systems Inc., ADT Security Systems, Checkpoint system, Mitsubishi Electric and Vicon industries.
Key Players
- Samsung Techwin
- Honeywell International Inc.
- Baxawell, Hikvision
- Toshiba Corporation
- Panasonic System Network Co. Limited
- Schneider Electric
- Axis Corporation
- ADT Security Systems
- Bosch Security Systems Inc.
- Checkpoint system
- Vicon industries
- Mitsubishi Electric
Market Segmentation
By Type
- Dome Camera
- Bullet Camera
- Box Camera
- PTZ Camera
- others
- Analogue CCTV Camera
- IP/Network CCTV Camera
- HD CCTV Camera
- Commercial
- Residential
- Government
- Industrial
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- UAE
- Rest of LAMEA
1 Executive Summary 10
2 Market Dynamics 11
- 2.1 Market Growth Factors 11
- 2.1.1 Rising Security and Safety Concern 11
- 2.1.2 Traffic Monitoring in Developing Countries 12
- 2.1.3 Enhanced Business Productivity 12
- 2.2 Market Restraints 13
- 2.2.1 High Initial Cost 13
- 2.2.2 Privacy Issues 13
- 2.3 CCTV Supply Chain Process 14
- 2.4 Porter’s Five Forces Analysis 15
3 Global CCTV Market, By Type 16
- 3.1 Introduction 16
- 3.2 Sub-segment 17
- 3.2.1 Analog 17
- 3.2.1.1 Television Lines (TVL) 17
- 3.2.1.2 AHD, HD-SDI, & HD-CVI 17
- 3.2.1.3 Transport Video Interface (TVI) 17
- 3.2.2 IP 18
- 3.2.1 Analog 17
4 Global CCTV Market, By Component 19
- 4.1 Introduction 19
- 4.2 Sub-segment 19
- 4.2.1 Analog CCTV Components 19
- 4.2.1.1 Camera 19
- 4.2.1.2 Security DVR 19
- 4.2.1.3 Cables 20
- 4.2.1.4 BNC Connectors 20
- 4.2.2 IP CCTV Components 21
- 4.2.2.1 Network Video Recorder 21
- 4.2.2.2 PoE Switch 21
- 4.2.2.3 Monitor 21
- 4.2.1 Analog CCTV Components 19
5 Global CCTV Market, By Verticals 22
- 5.1 Introduction 22
- 5.2 Sub-segment 23
- 5.2.1 Government 23
- 5.2.2 Retail 23
- 5.2.3 Media & Entertainment 24
- 5.2.4 Healthcare 24
- 5.2.5 BFSI 25
- 5.2.6 Transportation 26
- 5.2.7 Education 26
6 Global CCTV Market, By Region 27
- 6.1 Introduction 27
- 6.2 Market, By Regions 29
- 6.2.1 North America 29
- 6.2.1.1 U.S. 33
- 6.2.1.2 Canada 35
- 6.2.1.3 Mexico 37
- 6.2.2 Europe 39
- 6.2.2.1 U.K. 43
- 6.2.2.2 Germany 45
- 6.2.2.3 France 47
- 6.2.2.4 Rest of Europe 49
- 6.2.3 Asia-Pacific 51
- 6.2.3.1 China 55
- 6.2.3.2 Japan 57
- 6.2.3.3 India 59
- 6.2.3.4 Rest of Asia-pacific 61
- 6.2.4 Rest of the World (RoW) 63
- 6.2.4.1 Middle East & Africa 66
- 6.2.4.2 Latin Countries 68
- 6.2.1 North America 29
7 Competitive Landscape 70
- 7.1 Introduction 70
- 7.2 Market Share Analysis 70
- 7.3 Company Profiles 71
- 7.3.1 Bosch Security System (U.S) 71
- 7.3.1.1 Business Overview 71
- 7.3.1.2 Product/Service Portfolio 71
- 7.3.1.3 Business Strategy 72
- 7.3.1.4 SWOT Analysis 72
- 7.3.2 Honeywell International Inc (U.S) 73
- 7.3.2.1 Business Overview 73
- 7.3.2.2 Product/Service Portfolio 73
- 7.3.2.3 Business Strategy 74
- 7.3.2.4 SWOT Analysis 74
- 7.3.3 Panasonic Corporation (Japan) 75
- 7.3.3.1 Business Overview 75
- 7.3.3.2 Product/Service Portfolio 75
- 7.3.3.3 Business Strategy 76
- 7.3.3.4 SWOT Analysis 76
- 7.3.4 Hikvision Digital Technology (China) 77
- 7.3.4.1 Business Overview 77
- 7.3.4.2 Product/Service Portfolio 77
- 7.3.4.3 Business Strategy 78
- 7.3.4.4 SWOT Analysis 78
- 7.3.5 Sony Electronics (U.S.) 79
- 7.3.5.1 Business Overview 79
- 7.3.5.2 Product/Service Portfolio 79
- 7.3.6 Dahua technology (China) 80
- 7.3.6.1 Business Overview 80
- 7.3.6.2 Product/Service Portfolio 80
- 7.3.7 ADT LLC(U.S) 81
- 7.3.7.1 Business Overview 81
- 7.3.7.2 Product/Service Portfolio 81
- 7.3.8 Axis Communication AB (Sweden) 82
- 7.3.8.1 Business Overview 82
- 7.3.8.2 Product/Service Portfolio 83
- 7.3.9 Guardian Protection Services Inc (U.S) 84
- 7.3.9.1 Business Overview 84
- 7.3.9.2 Product/Service Portfolio 84
- 7.3.10 Mobotix AG (Germany) 85
- 7.3.10.1 Business Overview 85
- 7.3.10.2 Product/Service Portfolio 85
- 7.3.1 Bosch Security System (U.S) 71
8 Appendix 86
- 8.1 Scope of the Study 86
- 8.1.1 Research Objective 86
- 8.1.2 Assumption 86
- 8.1.3 Limitation 86
- 8.2 Market Structure 87
9 Research Methodologies 88
- 9.1 Research Process 88
- 9.2 Primary Research 89
- 9.3 Secondary Research 89
- 9.4 Market Size Estimation 89
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