Worldwide Game Camera Industry to 2027 - Rising Demand for Game Cameras Due to Security Concerns Presents Opportunities
DUBLIN, April 6, 2021 /PRNewswire/ -- The "Game Camera Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Type and Application, and Geography" report has been added to ResearchAndMarkets.com's offering.
The global game camera market was valued at US$ 89.41 million in 2019 and is projected to reach US$ 130.34 million by 2027; it is expected to grow at a CAGR of 5.0% from 2020 to 2027.
In North America, the US, Canada, and Mexico are the major economies involved in investing in advanced technology in several industries, leading to a highly competitive market in the region. The immense popularity of hunting and wildlife photography in North America is one of the significant factors driving the market. The US Fish and Wildlife Service report was presented by the US Department of the Interior, which confirms that ~101.6 million Americans, that is 40% of the US population, took part in wildlife-related activities in 2016, including fishing, hunting, and wildlife watching.
As a partnership effort with national and states conservation administrations, the report is a crucial source of data on wildlife recreation in the US. Private organizations, Federal, and state use this information to manage wildlife. Wildlife researchers and environmentalists highly depend on game cameras and live animal traps to perform population studies and monitoring. Researchers in the region are deploying game cameras to monitor the animals and learn how animal species interact. Thus, rising use of game cameras in wildlife research is propelling the growth of the market in the region. Initially, hunters and wildlife researchers were the major users of game cameras; however, wildlife enthusiasts have also started to use the camera to observe wildlife.
The national license for hunting is granted after clearing a test, which includes knowledge of hunting management, species, game damage prevention, farming and forestry, inspection and treatment of game following hygiene measures, and assessing game meat to determine if it can be used for human consumption. The region has designed a framework to ensure that hunting activity does not jeopardize the conservation efforts undertaken for certain species. The Commission launched a "Sustainable Hunting Initiative" to enhance the legal and technical aspects of hunting and designed a program to promote sustainable hunting.
The significant partners of the Sustainable Hunting Initiative, such as BirdLife International and the Federation of Associations for Hunting and Conservation of the EU, allowed hunting to continue within a well-regulaed framework. Growing emphasis on hunting in the region is highly demanding game cameras, which fits effortlessly for surveillance and use in wildlife activities. Its compact size, better image quality, and long battery life attract hunters to opt for the game camera. With an infrared flash, a game camera can also take pictures at night. Thus, the above factors are expected to drive the market in Europe.
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SOURCE Research and Markets