Analysis of Night Vision Outdoor Camera market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
According to latest research by Fact.MR, night vision outdoor camera market is projected to grow at a steady pace during 2021-2031.While the market is set to show recovery from crisis in the mid-term of the projection period, for the long term, demand is expected to showcase higher than the historical growth. While domestic applications will garner a steady traction, the commercial applications including security agencies, government agencies and military will showcase a significant growth, especially in the emerging countries.
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With internet of things (IOT) growing towards mainstream in the developed countries, demand of devices that support them have grown multifold. This also includes the demand for modern security and surveillance camera including night vision outdoor camera. While the increasing concerns with traditional security camera under low and no light conditions continues to swell, night vision outdoor camera has been able to make deep inroads in its traditional counterpart.
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The new generation of night vision outdoor camera has garnered significant traction in the recent past. They have been effective as they are immune to dust, smoke, and other counter-CCTV devices such as visor glasses and infrared laser glasses. There have been certain issues with other variants of night vision outdoor cameras, such as false alarms and failure to detect images under smoke. While failure of thermal night vision outdoor cameras have been highly unlikely, it holds significant potential in the coming years.
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North America has been a fertile ground for night vision outdoor camera market. Both US and Canada have high installation rate of such cameras and the market currently stands in the growth phase of product life cycle. The US has a well-established IOT infrastructure and the country highly spends on its residential, commercial and industrial security and surveillance. In 2020, the household penetration of household security devices and systems was 17%. In 2021, the residential security solutions market in the country is expected to cross a valuation of US$ 5 Bn. These statistics, reflects a significant potential for US night vision outdoor camera market.
Further industrial security is one of the foremost concerns in the US and Canada. Factories in these countries are equipped with precious assets including world class machineries and systems. The industries in these countries contribute a considerable proportion towards protection of these assets with the help of automated security solutions. However, these advanced security systems stand incomplete without the integration of advanced outdoor cameras such as night vision outdoor camera.
Similar to their North American counterparts, European countries are also keen towards their residential, commercial and industrial safety. Some of the European countries including Italy, Spain and Switzerland face poor weather conditions including foggy weather in some parts of the year. Such weather conditions challenges visibility thus crippling security systems. Installation of night vision security cameras have proven a bliss to households and industries alike in these countries.
European countries have also been investing significantly on military and defense security. Countries including Russia, Germany, the UK, and France are amongst the foremost military spenders across the globe. It is one of the key factors propelling the Europe night vision outdoor camera demand for military applications.
Some of the key night vision outdoor camera manufacturers include
Some of the key brands of night vision outdoor camera includes Google Nest, Zmodo, Reolink, Swann, Arlo Ultra, Lorex, Blink, and Vivint. While google Nest is dedicated to outdoor security, the other brands are equally focus on outdoor as well as indoor security.
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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The night vision outdoor camera market worth is likely to grow at 25% over the forecast years.
Growing demand for night surveillance is driving the night vision outdoor camera market growth.
United States is expected to be most lucrative market for night vision outdoor camera industry players.
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