Global Infrared Bullet Security Cameras Market – Industry Trends and Forecast to 2029

Infrared Bullet Security Cameras Market Analysis and Size

The acceptance of infrared illumination for enhanced vision in major consumer applications and across various end users is the primary factor boosting the market’s growth over the forecasted period from 2022-2029. Moreover, implementing security services in organizations and cloud-based analytical services will further create growth opportunities for the market.

Global infrared bullet security cameras market was valued at USD 463.40 million in 2021 and is expected to reach USD 876.97 million by 2029, registering a CAGR of 8.30% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Infrared Bullet Security Cameras Market Scope and Segmentation

Market Definition

The infrared bullet cameras are the CCTV cameras that are most popular types. They are mostly weatherproof and can be used to serve in indoor as well outdoor areas for security and surveillance purposes. They are widely used in manufacturing, industrial and commercial spaces.

Global Infrared Bullet Security Cameras Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

• Rising demands for Smart Buildings

The increasing construction of smart buildings across the globe are creating several driving factors for the market. Rising initiatives regarding the smart buildings and homes, along with the customized trends and solutions for generating efficient output amongst the individuals, is becoming more important in creating smart cities due to the increased emphasis on efficiency brought on by rising urbanization and thus, these factors are projected to drive the growth of the infrared bullet security cameras market over the forecasted period.

• Improved Standards and Income

The improved standards of the individuals due to the rise in urbanization and trends and the disposable income generated by the industries is creating certain growth opportunities for the dome security market growth. The preference of people for the indoor and outdoor security cameras for the commercial as well as the residential purposes is creating huge growth factors. Therefore, the market is largely accelerating due to these factors.

Opportunities

• Implementation of cloud-based services

The growing implementation of cloud-based services in various sectors such as manufacturing, commercial and others is the primary factor driving the growth of the infrared bullet security cameras market over the forecasted period. Additionally, the technological advancements of cloud-based services in such as enhanced efficiency, delivery on time and others in enterprises, increased storage for the large amount of data and data security are the vital factors driving the growth of the infrared bullet security cameras market over the forecasted period.

• Growing Penetration and Technological Advancements

The growing penetration of wireless internet protocol (IP) cameras and the smart city initiatives are estimated to generate lucrative growth opportunities for the market, which will further expand the dome security market's growth rate in the future. The rising concerns about the safety and security of importmt data files, residential purposes and others is also a factor driving the growth of the market over the forecasted period.

Restraints/Challenges

• Data privacy concerns

The data privacy concerns are creating hindrance for the market and are expected to obstruct market growth over the forecasted period.

• High costs of maintenance

The main drawback is the cameras' maintenance cost is higher than average. This factor is projected to be challenge for the infrared bullet security cameras market over the forecast period.

This infrared bullet security cameras market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the infrared bullet security cameras market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Infrared Bullet Security Cameras Market

The recent outbreak of covid-19 had a negative impact on the infrared bullet security cameras market. The market faced disruption in supply chains, lesser availability of skilled personnel, fluctuations in prices and availability of raw materials which affected the market largely. The covid-19 has led to the severe crisis across the world and several causalities. Supply chain disruptions were created due to the lockdown that was being imposed in several regions. Hence, an imbalance in the demand and supply was witnessed, leading to companies not manufacturing to their complete capacity. However, in the third quarter of 2020, lockdowns were lifted, leading to the market's steady recovery with the significant increase in demand. The suspended and cancelled operations will continue, and the market is estimated to expand.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Global Infrared Bullet Security Cameras Market Scope

The infrared bullet security cameras market is segmented on the basis of resolution, camera type, application, system, services and end use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Resolution

• High Definition (HD)
• Ultra HD
• Non-HD
• Full HD

Camera Type

• Fixed Security Camera
• Pan-Tilt-Zoom Security Camera
• Mini Dome Security Camera
• Night Vision Security Camera
• Motion Direction Security Camera
• Others

Application

• Outdoor Security Cameras
• Indoor Security Cameras

System

• Analog System
• Internet Protocol (IP) Based System

Services

• Support Service
• Maintenance Service
• Deployment Service
• Installation Service
• Consulting Service

End Use

• Manufacturing Facilities
• Industrial Facilities
• Public Space
• Commercial Space
• Residential
• Others

Infrared Bullet Security Cameras Market Regional Analysis/Insights

The infrared bullet security cameras market is analyzed and market size insights and trends are provided by resolution, camera type, application, system, services and end use as referenced above.

The countries covered in the infrared bullet security cameras market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the infrared bullet security cameras market because of the largest manufacturers and consumer base of surveillance cameras along with the development in commercial and residential security within the region.

North America is expected to witness significant growth during the forecast period of 2022 to 2029 due to the rising demand of security cameras within the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Infrared Bullet Security Cameras Market Share Analysis

The infrared bullet security cameras market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to infrared bullet security cameras market.

Some of the major players operating in the infrared bullet security cameras market are

• AV Costar (U.S.)
• Robert Bosch GmbH (Germany)
• Cisco Systems, Inc. (U.S.)
• Dahua Technology USA Inc. (China)
• Hangzhou Hikvision Digital Technology Co., Ltd. (China)
• Avigilon Corporation (Canada)
• Axis Communications AB. (Sweden)
• Honeywell International (U.S.)
• JVCKENWOOD Corporation (Japan)
• Johnson Controls. (Ireland)
• Canon Inc. (Japan)
• Mitsubishi Electric Corporation (Japan)
• Panasonic Corporation (Japan)
• Schneider Electric (France)
• SONY INDIA (India)
• Vicon Motion Systems Ltd UK (U.S.)
• SAMSUNG (South Korea)

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