SAN FRANCISCO, July 4, 2022 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Security Cameras (IR Illuminator) – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
What’s New for 2022?
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies – Strong/Active/Niche/Trivial
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- Complimentary updates for one year
Edition: 9; Released: January 2022
Executive Pool: 5964
Companies: 142 – Players covered include Arecont Vision LLC; Avigilon Corporation; Axis Communications AB; Bosch Security Systems; Canon, Inc.; Cisco Systems, Inc.; Dahua Technology Co., Ltd.; Hikvision Digital Technology Co., Ltd.; Honeywell International, Inc.; JVCKENWOOD Corporation; Mitsubishi Electric Corporation; Panasonic Corporation; Schneider Electric SA; Sony Electronics, Inc.; Vicon Industries, Inc. and Others.
Coverage: All major geographies and key segments
Segments: System (IP, Analog); Resolution (HD, Full HD, Other Resolutions); Type (Outdoor, Indoor); Application (City Infrastructure, Border Security, Commercial, Other Applications)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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ABSTRACT-
Global Security Cameras (IR Illuminator) Market to Reach $4 Billion by 2026
Amid the COVID-19 crisis, the global market for Security Cameras (IR Illuminator) estimated at US$2.6 Billion, is projected to reach a revised size of US$4 Billion by 2026, growing at a CAGR of 7.5% over the analysis period. IP, one of the segments analyzed in the report, is projected to record a 7.9% CAGR and reach US$3.8 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Analog segment is readjusted to a revised 4.5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $839.3 Million in 2021, While China is Forecast to Reach $703.1 Million by 2026
The Security Cameras (IR Illuminator) market in the U.S. is estimated at US$839.3 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$703.1 Million by the year 2026 trailing a CAGR of 7% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7% and 6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 6% CAGR. More
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CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]
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SOURCE Global Industry Analysts, Inc.
