Europe 3D Surveillance Camera Market
No. of Pages: 108 | Report Code: BMIRE00030734 | Category: Electronics and Semiconductor
No. of Pages: 108 | Report Code: BMIRE00030734 | Category: Electronics and Semiconductor
The Europe 3D surveillance camera market was valued at US$ 504.04 million in 2022 and is expected to reach US$ 2,170.56 million by 2030; it is estimated to register a CAGR of 20.0% from 2022 to 2030.
Increasing Deployment of Advanced Surveillance Systems at Airport Drives Europe 3D Surveillance Camera Market
Commercial and municipal commuter airports, by definition, provide several security and operational issues. The capacity to properly monitor everyday operations and identify potential threats and liabilities is critical for maintaining business continuity and profitability while also guaranteeing the safety and security of employees, visitors, facilities, and assets. As commuter airports expand in size and capacity, the obstacles multiply dramatically. Given the volume of data generated by these systems, the practical implementation of 3D LiDAR (light detection and ranging) technology is game-changing for airport security, safety, and business operations applications. 3D LiDAR solutions go beyond the boundaries of standard 2D video imaging and analytics, transforming traditional video security systems based solely on forensic approaches into real-time proactive solutions with extreme accuracy, performance, and cost-efficiency. Ideal for large airport facilities, 3D LiDAR sensors give 360° coverage with a range of 15,000 square meters per sensor, significantly lowering the hardware, software, cabling, networking, and installation requirements that are generally required.
Given these qualities and capabilities, 3D LiDAR technologies can significantly improve the effectiveness of traditional video security and surveillance systems for commercial airports, both inside the airport and outside. For external airport applications, video systems equipped with 3D LiDAR technology significantly improve security beyond perimeter protection by extending 360° spatial awareness to all exterior areas within secured areas. This comprises parking facilities, remote long-term parking lots, passenger ground transportation, and pick-up and drop-off locations. The 3D LiDAR technology implemented for security can also be used for a range of business intelligence applications, such as monitoring ground operations, runaway, taxiway traffic, cargo, and maintenance areas.
Below are a few of the instances signifying the growing adoption of 3D surveillance cameras across the airports:
• In March 2024, Outsight, the leading innovator in 3D lidar-based spatial AI software solutions, announced its membership in GATE—the airport technology network, an organization dedicated to promoting innovation and improvement in airport infrastructure. This membership is a key milestone for outsight, as it will work with other gate members to assess and enhance airport operations using Spatial Intelligence. The partnership's goal is to incorporate Outsight's cutting-edge Spatial AI technology into airport ecosystems, improving operational efficiency, elevating passenger experience, and increasing safety.
• In October 2023, Veovo offered new ground-breaking LiDAR technology for their Intelligent Airport Platform, which will alter airport operations and improve passenger experiences. LiDAR, or Light Detection and Ranging, combines powerful 3D mapping and precise object detection to elevate airport situational awareness to new heights. The addition of LiDAR to the Veovo platform will most likely improve understanding of people's movement throughout large and complex spaces and boost operational decision-making.
Thus, the implementation of safety measures and integration of advanced surveillance technologies is expected to offer ample opportunities to the 3D surveillance camera market.
Germany, France, the UK, and Italy are among the key countries contributing to the growth of the Europe 3D surveillance camera market. The major factors driving the market in the region are increasing urban centers, investments in border security, and rising industrial and commercial applications of 3D surveillance technologies. The rising urbanization and development of smart cities in Europe have resulted in greater investments in surveillance technologies for public safety, traffic control management, and better urban administration. Europe's border security challenges, including illegal migration, human trafficking, and smuggling, encouraged investments in monitoring technologies along borders and transit routes. Moreover, major investments in airport surveillance technologies integrated with AI and machine vision technologies are propelling the market growth in the region. For instance, in 2020, the implementation of an artificial intelligence (AI)-based airfield monitoring system at London/Heathrow through the NATS Digital Tower Laboratory is anticipated to assist the airport in reclaiming up to 20% of lost capacity due to heavy cloud cover and limited visibility.
Strategic insights for the Europe 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.
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 504.04 Million |
Market Size by 2030 | US$ 2,170.56 Million |
Global CAGR (2022 - 2030) | 20.0% |
Historical Data | 2020-2021 |
Forecast period | 2023-2030 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | Europe
|
Market leaders and key company profiles |
The geographic scope of the Europe 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.
The Europe 3D surveillance camera market is categorized into product type, technology, application, and country.
Based on product type, the Europe 3D surveillance camera market is segmented into dome camera, bullet camera, PTZ camera, and others. The dome camera segment held the largest share of Europe 3D surveillance camera market share in 2022.
In terms of technology, the Europe 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 Europe 3D surveillance camera market in 2022.
By application, the Europe 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 Europe 3D surveillance camera market in 2022.
Based on country, the Europe 3D surveillance camera market is segmented into France, Germany, the UK, Italy, Russia, and the Rest of Europe. The UK dominated the Europe 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 Europe 3D surveillance camera market.
The Europe 3D Surveillance Camera Market is valued at US$ 504.04 Million in 2022, it is projected to reach US$ 2,170.56 Million by 2030.
As per our report Europe 3D Surveillance Camera Market, the market size is valued at US$ 504.04 Million in 2022, projecting it to reach US$ 2,170.56 Million by 2030. This translates to a CAGR of approximately 20.0% during the forecast period.
The Europe 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 Europe 3D Surveillance Camera Market report:
The Europe 3D Surveillance Camera Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe 3D Surveillance Camera Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe 3D Surveillance Camera Market value chain can benefit from the information contained in a comprehensive market report.