Long Range Camera Market 2024 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2030
Page: 215 | Report Code: ICTM240502 | Research Suite: Report (PDF) & Market Data (Excel)
The global long-range camera market was valued at USD 8.1 billion in 2022, and a CAGR of 7.9% is expected during the forecast period. Increasing demand for security and surveillance is driving growth in the long-range camera market significantly. To ensure the safety of its citizens, it is prompting manufacturers to produce long-range cameras. Its outstanding performance, better imaging quality, and strong reliability are the reasons behind its success.
In order to reduce crime rates, governments all over the world are emphasizing its use. In order to perform a complete surveillance system from different end-uses, the cameras are integrated with pan and tilt integration systems.
Impact of Covid-19
COVID-19 has had a negative impact on the market due to
supply chain disruptions, stringent lockdowns, and social distancing.
Increasing demand for long-range cameras for defense and homeland security is
driving growth in the market. The demand for security and surveillance systems
increased as businesses and governments sought to enforce social distancing and
monitor public spaces. Supply chain disruptions and economic uncertainties
caused delays in projects and reduced purchasing power for some customers. The
market fluctuation in demand and challenges in production and distribution.
Increasing demand to protect their citizens from various threats is the main
reason behind the growth in the market. Increasing security concerns are
driving the demand for long-range cameras on the market.
Growth Drivers
Segmentation
Based on Focal Length
·
Below 200 mm
·
200-400 mm
·
400-800 mm
·
Above 800 mm
By Platform
·
Airborne
·
Land
·
Naval
Based on Camera Installation
·
Fixed Installation
·
Portable Installation
·
Platform Mounted
By Application
·
Intelligence
·
Surveillance
·
Target Acquisition
·
Reconaissance
By End-User Segmentation
·
Defense
·
Homeland Security
·
Shooting Sports
·
Forestry and Wildlife Conservation
·
Disaster Management Services
·
Media and Entertainment
·
Geospatial Research Institutes
·
Others
Regional Outlook
·
Asia Pacific
·
North America
·
Latin America
·
Europe
·
Middle East and Africa
Long Range Camera Market based on Focal
Length
On the basis of the focal length, the long-range camera market is segmented into below 200 mm, 200-400 mm, 400-800 mm, and above 800 mm. Above 800 mm is the leading segment, and is expected to dominate during the forecast period. Increasing security concerns worldwide is driving growth in the market. Recently concluded Russia-Ukraine war is the key reason behind the growth in the market significantly. Increasing demand for long range camera due to increasing crime worldwide is driving growth in the market significantly.
Long Range Camera Market by Application
Segmentation
On the basis of application, the long-range camera market is
segmented into intelligence, surveillance, target acquisition, and
reconnaissance. The market is expected to be dominated by intelligence,
surveillance, and target acquisition due to increasing product demand from law
and enforcement agencies to monitor and protect the public and assets against
potential threats. Command and control is expected to be the fastest-growing
segment. Defense is the leading segment and is expected to dominate during the
forecast period. Security and surveillance are the fields in which the need for
long-range cameras is prevalent. The increasing crime rate in all parts of the
world is the driving factor in the market.
Regional Outlook
On the basis of the regions, the long-range camera market is segmented into 5 parts: Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa. North America is the leading segment and is expected to dominate the market due to robust technological infrastructure and a high level of technological adoption, which creates a favorable environment for advanced camera systems.
The presence of major players in the technology and surveillance industries, coupled with substantial research and development investments, contributes to the development and deployment of cutting-edge long-range camera solutions. The region’s long-range geographical expanse and diverse security needs, such as broader surveillance and critical infrastructure protection, drive the demand for long-range camera systems. Favorable regulatory framework and government initiatives aimed at enhancing security and public safety.
Asia, the Pacific, and Europe play a significant role due to rapid urbanization, increasing concerns about security, and the growing adoption of surveillance technology, which drives demand for long-range cameras. Countries like China, Japan, and India are key markets due to their large populations and expanding infrastructure. Europe, on the other hand, benefits from stringent security regulations, especially in sectors like banking and transportation, which fuels the demand for advanced surveillance systems, including long-range cameras.
Europe’s focus on smart city initiatives
and border security further contributes to the growth of the long-range camera
market. Increasing demand for security worldwide is driving growth in the
market significantly. The Russia-Ukraine war has inspired many agencies to work
for the market. Increasing demand for extra security is driving the demand for
long-range cameras on the market. The increasing crime rate in African
countries is also driving the demand for long-range cameras.
Key Players
·
Kintronix
·
Edifier
·
Opgal
·
Infratec
·
Philips
·
Haier
·
Vumii Imaging
·
Thales Group
·
Cohu Hd Costar
·
Fluke Corporation
·
Leonardo S.P.A
·
L3 Harris Technologies
·
I3 Systems. Inc
· Other Players