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Weatherproof Camera Market Scenario:As per a detailed analysis by Market Research Future (MRFR), the global weatherproof camera market is estimated to garner USD 9 billion, registering a CAGR of 7% during the forecast period (2017-2023). The recent trend of clicking pictures in the different environment require sturdy cameras, which promotes the growth of the market.
Weatherproof Camera Market are used to generate alarms and detect the motion, and thus, effective monitoring can be achieved.
These cameras are generally used to capture high-quality footage. It supports security surveillance at offices and homes even during challenging environments. They are water resistant and survives in all weather conditions.
Competitive Dashboard:
The prominent players operating in the global weatherproof camera market comprises Arlo Corporation (U.S.), Vicon Motion Systems (U.K.), Honeywell International Inc. (U.S.), FLIR Systems (U.S.), Nest Cam (U.S.), Shenzhen Heshi Technologies Co. Ltd (China), Amcrest Technologies (U.S.), Pelco Corporate (U.S.), Frontpoint Security Solutions (U.S.), and Zosi Technology Co. Ltd (Hongkong).
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Market Potential and Pitfalls:
The weatherproof camera market is steadily stealing the spotlight across the globe due to significant factors like rapid urbanization, infrastructure development, and expansion of the business worldwide. Governments across the globe are also taking initiatives associated with the safety of the citizens from foreign attacks. They are also implementing strong border security with waterproof and weatherproof cameras, which is further driving the demand across the globe. Enterprises are also implementing safety measures for their employees outside and within the work premises, which contributes to the growth of the weatherproof camera market.
Moreover, the extensive adoption of weatherproof cameras by the security agencies, photographers, government organization, and enterprises is influencing the growth of the market during the review period. Also, the recent trend of capturing pictures in different weather conditions due to the booming social media craze is further anticipated to promote the market growth. The growing interest of the people towards nature photography has also contributed to its growth. Moreover, the accessibility to a proper labor force with resources is further adding up to the growth of the market. The innovation in services and products is considered one of the focal factors influencing the market’s productivity.
On the contrary, the high price of a weatherproof camera is considered to curb the growth of the market during the appraisal period.
Weatherproof Camera Market Segmental Analysis:
The global weatherproof camera market has been segmented on the basis of range, product, and application.
By mode of product, the global weatherproof camera market has been segmented into the dome, bullet, array, high-speed cameras, and others. Among these, the high-speed cameras are extensively used in biomechanics to capture the fast movement of the animals. It is also used in sports science for motion analysis. It is also highly used in TV to measure the height and speed and slowing down items which appear to be fast with the naked eye.
Based on range, the weatherproof camera market comprises 50 feet, 100 feet, and more than 100 feet. Weatherproof cameras up to 100 feet of the range include an interactive world map, GPS, an altimeter, Wi-Fi connectivity, and an underwater depth instrument for measurement. It also offers the users high-resolution function and service to a depth of 100 feet.
The application segment constitutes of industrial, commercial, residential, and others.
Regional Frontiers:
Geographically, the weatherproof camera market span across regions namely, Europe, Asia Pacific, North America, and the Rest-of-the-World (RoW).
Considering the global scenario, the weatherproof camera market is dominated by the North American region owing to the implementation of advanced technology in the security systems. The presence of industry bigshots and major camera manufacturers are further promoting the market growth in this region.
The European region is gaining significant growth due to the surging demand of the citizens for weatherproof cameras along with the rising investments by the government in weatherproof cameras. As the region is facing frequent terror attacks, the security and government agencies are extensively implementing powerful and advanced security equipment in order to combat foreign attacks. Moreover, the protection of the citizens across the border and in the region has triggered the demand for strong security surveillance gadgets, which further influences the growth of weatherproof cameras in this region.
The Asia Pacific region is considered as a prominent player in the global market due to advanced infrastructure development, especially from economies like India and China. Moreover, the booming expansion in the businesses, rising urbanization, and industrial developments are fueling the growth of the market.
Industry Updates:
May 08, 2019: Amazon has recently launched a next-gen Blink camera, the XT2. The XT2 is a battery-powered camera which is implemented with weatherproof housing so that it can be used outside as well as inside. The camera also comprises an improved motion detection and security features like support for Alexa voice commands and two-way talk.
Intended Audience:
• Investors and consultants
• System Integrators
• Government Organizations
• Research/Consultancy firms
• Technology solution providers
• IT Solution Providers
• Original Equipment Manufacturers
Table of Contents
1 Market Introduction
1.1 Introduction
1.2 Scope of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure
2 Research Methodology
2.1 Research Type
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
Continued…
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List of Tables
Table 1 Weatherproof Camera Market, By Product
Table 2 Weatherproof Camera Market, By Range
Table 3 Weatherproof Camera Market, By Application
Continued…
List of Figures
Figure 1 Research Type
Figure 2 Weatherproof Camera Market: By Product (%)
Figure 3 Weatherproof Camera Market: By Range (%)
Continued…
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