Weatherproof CameraMarket Highlights:
The weatherproof camera market is anticipated to reach the approximate valuation of USD 9 Billion by 2023, says Market Research Future (MRFR). Furthermore, the market could achieve a CAGR of 7% during the forecast period (2017-2023).
With the rising use of cameras for security purposes of building exteriors, they are now available with weatherproof abilities. These qualities help them bear any element that holds potential risk. Mounting need for surveillance has led to development of waterproof cameras in the past couple of years.
Surging number of large-sized facilities necessitates the need for efficient surveillance. This acts as one of the chief reasons for the rising awareness levels among consumers as well as the manufacturers. High adoption rates stand as an important factor in the market growth in almost every region of the world.
MRFR data experts are of the view that the government initiatives with regard to safety of citizens from foreign attacks are working in favor of the Weatherproof Camera Market. Additionally, high border security implementation using weatherproof camera could boost market demand in the coming years. It has also been noted that a number of enterprises across the world are implementing safety measures for their employees inside and outside the work premise. This elevates the position of the weatherproof camera market. Apart from this, surging adoption of weatherproof cameras by security agencies, photographers, government organization, and enterprises are serving to bolster demand for the weatherproof camera market.
Significant vendors that are competing in the worldwide weatherproof camera market are Arlo Corporation (U.S.), Zosi Technology Co. Ltd (Hongkong), Nest Cam (U.S.), Pelco Corporate (U.S.), Amcrest Technologies (U.S.), Vicon Motion Systems (U.K.), Shenzhen Heshi Technologies Co.Ltd (China), Frontpoint Security Solutions (U.S.), FLIR Systems (U.S.), Honeywell International Inc. (U.S.), and among others.
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The weatherproof camera market has been analyzed on the basis of segments like product, range, and application.
With respect to product, the weatherproof camera market includes dome, IR bullet, array, high-speed cameras, and others. High speed cameras find extensive use in biomechanics to capture fast movement of animals. It is also used in sports science for motion analysis. In addition to this, these cameras are used in televisions for measuring height and speed, along with slowing down those things that generally appear very fast with naked eye.
The range-based segments covered by the report include waterproof up to 100 feet. Waterproof up to 100 feet camera include interactive world map, Wi-Fi connectivity, GPS system, along with an altimeter and underwater depth instrument for measurement. This type of camera provides the users with function down to a depth of 100 feet and high-resolution service. Application-wise segments are commercial, industrial, residential and others.
The regional study of the global weatherproof camera market includes North America, Asia Pacific (APAC), Europe and Rest of the World (RoW).
North America is thriving as one of the most significant markets for weatherproof camera. The regional market benefits from the presence of some of the most renowned camera manufacturers that are constantly giving efforts to grab substantial share of the market. Emergence of HD analog products is giving considerable boost to the regional market as well.
APAC could achieve the fastest CAGR during the review period, given the increasing presence of weatherproof camera manufacturers as well as development in infrastructure. With constant technological innovations in the region, the diversification in the sector has risen drastically. This trend has prompted the vendors in the region to make use of the opportunities inundating the region. Various firms in the region are also striving to capture economic worth in an effective manner.
In Europe, infrastructure development along with high urbanization helps with the growth of the weatherproof camera market. Expansion of business in the region also acts as a beneficial factor in market growth.
Nikon Inc. recently launched COOLPIX W150, a family-friendly weatherproof digital camera in the U.S. it allows users to capture and share moments on vacation or adventure, or get-togethers.
Table of Contents
1 Market Introduction
1.2 Scope of Study
1.2.1 Research Objective
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
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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
List of Figures
Figure 1 Research Type
Figure 2 Weatherproof Camera Market: By Product (%)
Figure 3 Weatherproof Camera Market: By Range (%)
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