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Security Cameras (IR Illuminator) Market Worth 2.68 Billion USD by 2020
[January 28, 2016]

Security Cameras (IR Illuminator) Market Worth 2.68 Billion USD by 2020


PUNE, India, January 28, 2016 /PRNewswire/ --

According to the new market research report "Security Cameras (IR Illuminator) Market by System (Analog, IP Based), Resolution (NON HD, HD, Full HD), Type (Indoor, Outdoor), Feature (PTZ, Fixed), Application (City Infrastructure, Commercial, Institutional) and Geography - Global Forecast to 2020" , published by MarketsandMarkets, the security cameras (IR illuminator) market is estimated to reach USD 2.68 Billion by 2020 from USD 1.75 Billion in 2015, at a CAGR of 8.8% between 2015 and 2020.

Browse 38 market data tables with 173 Slides and in-depth TOC on "Security Cameras (IR Illuminator) Market"

http://www.marketsandmarkets.com/Market-Reports/security-cameras-ir-illuminator-market-55383456.html
Early buyers will receive 10% customization on this report.

Security issues in developing countries, reduction in ASP for IP cameras, acceptance of IR illumination for better vision are the major causes of market growth.

"Fixed type camera feature influences the market growth" 

PTZ (Pan/Tilt/Zoom) features help complete area surveillance with single or less number of cameras. Fixed cameras are used in the applications where continuous monitoring is required. It is less expensive as compared to other types of cameras. With predictive analysis and advancement in technology, PTZ cameras might see an increase in usage in future. The PTZ cameras are costlier than fixed camera, which limits the growth of its application in the market.

"APAC will dominate IR Illuminator market for the next five years" 

The APAC region will dominate the IR Illuminator Market for the forecast period of 2015 to 2020, owing to cheap and highly advanced camera availability and major camera manufacturers in this region. Growing infrastructure demand and security concerns in APAC region in countries like China, India etc. will contribute to the high growth of IR Illuminator market in the forecast period.

"City Infrastructure to lead the Security Cameras with IR Illuminator market" 

This research report segments the IR Illuminator market on the basis f six types of applications - border security, city infrastructure, commercial areas, institutional areas, industrial and residential areas. Segment of city infrastructure is expected to lead the market for the forecast period. Government and private organizations are investing heavily for public and organizational safety; hence the segment of city infrastructure leads the security cameras market. Within the segment of City Infrastructure, the sub-segment of highways, streets and bridges is expected to grow with highest CAGR in the forecast period of 2015 to 2020.



Report includes competitive landscape of security cameras (with IR illuminator) market along with company profiles of Arecont Vision LLC, Avigilon Corporation, Axis Communications, Bosch Security Systems, Canon Inc., Cisco Systems Inc., Dahua Technology, Hikvision Digital Technology Co. Ltd., Honeywell International Inc., JVCKENWOOD, Mitsubishi Electric, Panasonic Corporation, Samsung Techwin, Schneider Electric, Sony Electronics Inc., Tyco International, Vicon Industries Inc.

 Ask For PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=55383456


This report describes the drivers, restraints, opportunities, and challenges with respect to the IR illuminator market. The Porter's five forces analysis has been included in the report with a description of each of its forces and their respective impact on the IR illuminator market.

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About MarketsandMarkets 

MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

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SOURCE MarketsandMarkets


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