Homeland Security Surveillance Camera Market Size,Share,Analysis,

Posted by Nita on April 20th, 2021

Market Insights

Market Research Future has revealed that the homeland security surveillance camera market is set to reach an estimated value of USD 10 Bn by the end of 2023 and witness a consistently upward CAGR of 7% over the forecast period of 2017 to 2023. Global concern regarding the threat of terrorist attacks and natural disasters have bolstered the need for security measures thus driving growth for the homeland security surveillance camera market.

The importance of surveillance in a rapidly urbanizing global environment is expected to be a key driver for growth. Increase in terrorist threats and the increasing use of well-placed surveillance cameras for the purpose of public security is driving the demand for homeland security surveillance cameras. Integration of internet protocol technology is expected to promote market growth and lead to advancements which produce opportunities for the market. Use of internet protocol in surveillance cameras allows remote access, motion detection and other features which help government agencies serve and protect their countries with greater efficiency. Other applications for homeland security surveillance cameras include use in the investigation of crimes, and traffic surveillance.

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Market Segmentation

The homeland security surveillance camera market has been segmented on the basis of camera type, application, and region. By camera type, the market has been segmented into audio & video camera, integrated video surveillance camera, infrared camera, and IP camera. By application, the market has been segmented into infrastructure security, border security, and public protection. By region, the global market has been segmented into the Americas, Europe, the Asia-Pacific (APAC) and the Rest of the World (RoW).

Key Players

Several eminent market players have been included in the analysis of the global competitive landscape of the homeland security surveillance camera market. Market players included are Controp Precision Technologies Ltd., Honeywell International Inc., Netvu Ltd, Mitsubishi Electric Corporation, Vicon Industries, Inc., Baxall Construction Ltd, Panasonic Corporation, Moog Inc., Robert Bosch Gmbh, and General Dynamics Corporation among others

Latest Industry News

The Department of Homeland Security of the United States is testing a new surveillance camera which offers a facial recognition system. These cameras are set to be tested at the Texas border and will take photos of people arriving and departing in the US.                               

Increasing incidences of various crimes in India has brought about a joint venture between Prama and Hangzhou Hikvision Digital Technology. Prama Hikvision India (a 42:58 joint venture) is expecting to triple its capacity by setting up a manufacturing plant in India to need the demand for surveillance cameras from law enforcement agencies.