Asia Pacific 3D Surveillance Camera Market
No. of Pages: 109 | Report Code: BMIRE00030714 | Category: Electronics and Semiconductor
No. of Pages: 109 | Report Code: BMIRE00030714 | Category: Electronics and Semiconductor
The Asia Pacific 3D surveillance camera market was valued at US$ 411.68 million in 2022 and is expected to reach US$ 2,062.77 million by 2030; it is estimated to register a CAGR of 22.3% from 2022 to 2030.
Increasing Developments in Smart Cities Boost Asia Pacific 3D Surveillance Camera Market
Smart cities are becoming increasingly important as the world's population migrates to cities in pursuit of new prospects for development and future improvement. This quick influx of migrants has put additional strain on city services, traffic congestion, crime prevention, energy consumption, and waste reduction. Smart city surveillance systems are being developed to enable metropolitan areas to monitor changes and activity in their surrounding environment. A video surveillance system (VSS) is a critical component of a smart city, allowing for the detection and identification of numerous scenarios pertinent to smart city applications, such as public safety, crime prevention, traffic management, and environmental monitoring. Manufacturers are investing and launching new 3D surveillance technologies to cater to the rising demand for high-tech cameras in smart cities. Smart cities heavily rely on data collection and analysis as it helps in optimizing urban life. The deployment of 3D surveillance cameras helps in data collection, which is later used for enhancing security, traffic management, and crowd control. Thus, the increasing development of smart cities drives the growth of the market.
Asia Pacific 3D Surveillance Camera Market Overview
The Asia Pacific 3D surveillance camera market is segmented into China, India, Japan, Australia, South Korea, and the Rest of APAC. An upsurge in industrialization and urbanization is prompting major industry players to enter Asia Pacific by establishing manufacturing centers and service centers. For instance, in 2023, Outsight, with accomplished expertise in 3D LiDAR technology, expanded into Asia Pacific to capitalize on the high-tech surveillance opportunities in smart cities & transportation, logistics, and industrial applications. Moreover, nations such as China and India, with growing populations and elevating border disputes, have enough potential for the use of 3D surveillance cameras to enhance their position in the market. In China, the use of surveillance cameras and facial recognition systems has been increasing. The country has mass surveillance programs in many of its cities. These systems comprise high-tech equipment including facial recognition and even 3D surveillance. For instance, according to a 2018 report by The Atlantic, Beijing’s Public Safety Bureau stated that 100% of Beijing is under the blanket of surveillance cameras. Also, as of 2023, there are an estimated 540 million CCTV cameras in China. Thus, such a favorable environment in the country is anticipated to favor the market.
Asia Pacific 3D Surveillance Camera Market Revenue and Forecast to 2030 (US$ Million)
Strategic insights for the Asia Pacific 3D Surveillance Camera provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the Asia Pacific 3D Surveillance Camera refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.Asia Pacific 3D Surveillance Camera Strategic Insights
Asia Pacific 3D Surveillance Camera Report Scope
Report Attribute
Details
Market size in 2022
US$ 411.68 Million
Market Size by 2030
US$ 2,062.77 Million
Global CAGR (2022 - 2030)
22.3%
Historical Data
2020-2021
Forecast period
2023-2030
Segments Covered
By Product Type
By Technology
Regions and Countries Covered
Asia-Pacific
Market leaders and key company profiles
Asia Pacific 3D Surveillance Camera Regional Insights
Asia Pacific 3D Surveillance Camera Market Segmentation
The Asia Pacific 3D surveillance camera market is categorized into product type, technology, application, and country.
Based on product type, the Asia Pacific 3D surveillance camera market is segmented into dome camera, bullet camera, PTZ camera, and others. The dome camera segment held the largest share of Asia Pacific 3D surveillance camera market share in 2022.
In terms of technology, the Asia Pacific 3D surveillance camera market is segmented into stereoscopic imaging, time of flight, and structured light imaging. The stereoscopic imaging segment held the largest share of Asia Pacific 3D surveillance camera market in 2022.
By application, the Asia Pacific 3D surveillance camera market is categorized into people tracking, object or scene detection, monitoring systems, face recognition, robotic arm collision avoidance, and others. The people tracking segment held the largest share of Asia Pacific 3D surveillance camera market in 2022.
Based on country, the Asia Pacific 3D surveillance camera market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific 3D surveillance camera market share in 2022.
Hexagon AB; Honeywell International Inc; Robert Bosch GmbH; Panasonic Holdings Corp; LG Electronics Inc; Teledyne Technologies Inc; Geovision Inc; Hangzhou Hikvision Digital Technology Co Ltd; CBC Co., Ltd.; and 3dEYE Inc. are some of the leading companies operating in the Asia Pacific 3D surveillance camera market.
The Asia Pacific 3D Surveillance Camera Market is valued at US$ 411.68 Million in 2022, it is projected to reach US$ 2,062.77 Million by 2030.
As per our report Asia Pacific 3D Surveillance Camera Market, the market size is valued at US$ 411.68 Million in 2022, projecting it to reach US$ 2,062.77 Million by 2030. This translates to a CAGR of approximately 22.3% during the forecast period.
The Asia Pacific 3D Surveillance Camera Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific 3D Surveillance Camera Market report:
The Asia Pacific 3D Surveillance Camera Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific 3D Surveillance Camera Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific 3D Surveillance Camera Market value chain can benefit from the information contained in a comprehensive market report.