1.08 billion is expected.  USD growth in the GigE camera market is driven by increasing demand for security and surveillance

1.08 billion is expected. USD growth in the GigE camera market is driven by increasing demand for security and surveillance

NEW YORK, in 2022 August 5 /PRNewswire/ — “GigE Camera Market by Type and Geography – 2022-2026 forecast and analysis” report was included in Technavio’s proposal. According to the report, the market will witness gradual growth US dollars, 1.08 billion 2021-2026 However, the growth rate is expected to decelerate at a CAGR of 12.15% during the forecast period. The report provides a detailed analysis of recent developments, new product launches, key revenue generating segments and market behavior across geographies. Download a sample PDF report here

Technavio has published its latest market research report, GigE Camera Market by Type and Geography - Forecast and Analysis 2022-2026.

Technavio has published its latest market research report, GigE Camera Market by Type and Geography – Forecast and Analysis 2022-2026.

The market is primarily driven by increasing demand for GigE cameras in security and surveillance applications. Rapid population growth and urbanization around the world have led to a steady increase in conflict and criminal activity. This has increased the number of smart cameras installed by local governments, communities and public welfare associations. GigE cameras are considered the best security cameras on the market. These cameras offer the widest technological flexibility, making them widely used in aerial and ground surveillance applications. All these factors lead to market growth.

Moreover, increasing demand for industrial image processing and technological flexibility of GigE cameras will further accelerate the market growth. However, high R&D costs associated with GigE cameras will reduce the growth opportunities for vendors.

The global market for GigE cameras is competitive, with vendors competing on four key factors: price, quality, innovation, and performance. Vendors are focusing on improving their product and service offerings by investing heavily in research and development and incorporating a high degree of customization into their GigE camera offerings. In order to expand their market share and increase their customer base, vendors are likely to choose strategic partnerships with other vendors. For this reason, mergers and acquisitions will be a major factor during the forecast period. Currently, the market promises great income potential for sellers.

The GigE Camera market report provides information about leading vendors including Allied Vision Technologies GmbH, Basler AG, Baumer Holding AG, Emergent Vision Technologies Inc., GEViCAM Inc., Hangzhou Ai Ke Electronics Co. Ltd., product delivery, sustainability and prospects. , Hangzhou Hikvision Digital Technology Co. Ltd., IDS Imaging Development Systems Gmbh, Imperx Inc., JAI AS, LUCID Vision Labs Inc., Matrox Electronic Systems Ltd., OMRON Corp., Photonfocus AG, Pleora Technologies Inc., Sony Corp. , Teledyne Technologies Inc., TKH Technology Poland, Toshiba Corp. and INET Electronics and Trade Ltd.

The report includes a competitive analysis that analyzes and ranks companies based on their industry position score and market performance score. Some of the factors that are taken into account in the analysis are financial performance in the last three years, growth strategies, innovation performance, new product launches, investments, market share growth, etc. View a sample report here

Market segmentation by type

  • On the basis of type, the market is segmented into area scan cameras and line scan cameras.

  • in 2021 in the global GigE camera market, the area scanning segment has seen significant growth.

  • The growth of the segment can be attributed to the high resolution and high performance features offered in the area scan cameras.

  • The market will show the maximum potential growth of the area scanning segment during the forecast period.

Market segmentation by regions

  • Based on geography, the market is classified as North AmericaAPAC, Europe, South Americaand Middle Eastand Africa.

  • North America will occupy the largest market share.

  • The region is an early adopter of new technologies and a large number of users looking for a more immersive experience. In addition, strong growth in various industries such as defense, automotive, medical, food & beverage, oil & gas, and pharmaceuticals is driving the growth of the regional market.

Related reports:

GigE Camera Market Scope

Notice of coverage

Details

Page number

120

Base year

in 2021

Forecast period

2022-2026

Growth momentum and CAGR

Slow down at 12.15% CAGR

Market growth 2022-2026

US dollars, 1.08 billion

Market structure

Broken down

growth per year (%)

3:52 p.m

Regional analysis

North America, APAC, Europe, South America and Middle East and Africa

Make a market contribution

North America – 33 percent.

Main user countries

USA, Canada, Japan, India and Germany

A competitive place

Leading companies, competitive strategies, scope of consumer involvement

Companies are profiled

Allied Vision Technologies GmbH, Basler AG, Baumer Holding AG, Emergent Vision Technologies Inc., GEViCAM Inc., Hangzhou Ai Ke Electronics Co. Ltd., Hangzhou Hikvision Digital Technology Co. Ltd., IDS Imaging Development Systems Gmbh, Imperx Inc., JAI AS, LUCID Vision Labs Inc., Matrox Electronic Systems Ltd., OMRON Corp., Photonfocus AG, Pleora Technologies Inc., Sony Corp., Teledyne Technologies Inc., TKH Technology Poland, Toshiba Corp. and INET Electronics and Trade Ltd. .

Market dynamics

Key market analysis, market growth drivers and barriers, analysis of fast growing and slow growing segments, impact of COVID 19 and future consumer dynamics and market condition analysis during the forecast period.

Customization area

If our report does not contain the data you are looking for, you can contact our analysts and customize the segments.

Contents:

1 Summary

2 Market scenery

3 Determining the size of the market

4 Five forces analysis

5 Market Segmentation by Type

6 Customer landscape

7 Geographical landscape

8 Drivers, Challenges and Trends

9 Vendor landscape

10 Seller Analysis

11 Appendix

About us

Technavio is a leading global technology research and consulting company. Their research and analysis focuses on emerging market trends and provides real-world insights that help companies identify market opportunities and develop effective strategies to optimize their market positions. With more than 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and growing, covering 800 technologies spanning 50 countries. Their customer base includes companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and real-world market insights to identify opportunities in existing and potential markets and assess their competitive positions in changing market scenarios.

contact

Technavio research
Jesse Maida
Media and Marketing Manager
US: +1 844 364 1100
UK: +44 203 893 3200
email mail: [email protected]
Website: www.technavio.com/

Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

Cision

Cision

View original content and download multimedia: https://www.prnewswire.com/news-releases/usd-1-08-bn-growth-expected-in-gige-camera-market–driven-by-increasing-demand – from-security-and-surveillance-301600037.html

SOURCE Technavio

Leave a Comment

Your email address will not be published.