Panoramic Camera Market 2018 by Global Leaders: Ricoh Company, Nikon, Canon, Roundshot, Panono GmbH, D-Link, Immer Vision, Panasonic

Market Research Future published a research report on “Global Panoramic Camera Market Research Report- Forecast to 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Market Scenario:

A panoramic camera is a fixed camera that provides an area of coverage between 180º and 360º resolution. The camera is ideal for indoor and outdoor surveillance applications. It can be used to detect activities in a large area, track the movement of people and improve area management. It can also have one or multiple image sensors. These cameras are ideally suited for various applications namely video surveillance in airport terminals and railway & metro stations, city surveillance installations such as monitoring public squares, security for critical infrastructure and industrial sites, video surveillance of university campuses & school halls, and shopping mall security both indoors & outdoor including car parking.

The key drivers contributing to the growth of the global Panoramic Camera Market include high demand for cost effective camera to serve growing advanced photography market, increasing digital photography market, and increasing demand for safety & security measures in public places as well as in the corporate. Panoramic camera also provides wide area coverage. However, the restraining factors towards the growth of the global panoramic camera market are its high cost than conventional IP cameras, availability of limited software support services and low image quality.

Global Panoramic Camera Market is expected to reach at USD 36 billion with 31% of CAGR during forecast period 2016-2022.

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Industry/Innovation/Related News:

May 09, 2018 – Karbonn Mobiles (India), a leading mobile device company launched its new smartphone–camera-centric budget model. The device features an 8MP+8MP dual front Twinfie camera setup and an 8MP rear camera with LED flash and several shooting modes, including Panoramic view and Time-lapse.

May 08, 2018 – Intel Sports (US) a technology giant and Altia Systems, Inc. (US) a leading global provider of Camera technology announced their partnership to broadcast live sports in 3D VR, during the launching event of Altia’s PanaCast Live, a portable video camera system that allows for 4K-resolution 180-degree 3D (live broadcasting) of sporting events with the help of Intel's True VR platform.

May 10, 2018 – VIVOTEK Inc. (Taiwan), a leading global provider of security surveillance solutions, IP cameras, and video servers, NVR, among others launched its new more efficient multi-sensor camera - The MS9390-HV. It’s a 180-degree panoramic network camera. The new camera offers an 8MP sensor with H.265 Compression Technology and is capable of recording video at 30fps.

Segments:

Global Panoramic Camera Market has been segmented on the basis of type, application and region. By type, the market has been categorized into industrial camera and commercial camera. On the basis of application, the market includes- traffic monitoring, grid layout, aerial scenery and others.
On the basis of technology panoramic camera can be segmented into single-sensor cameras and multi sensor cameras. Single sensor camera uses only one image sensor and they are well suited for indoor monitoring of retail stores, hotels, schools and offices. A Multi sensor camera enables a higher pixel density or resolution for the same area coverage and they are well suited stadiums, university campuses, parking lots and shopping malls.

Key Players

The key players of global panoramic camera market report include Samsung electronics Ltd. (Korea), Ricoh Company Ltd. (Japan), Nikon Corporation (Japan), Canon Inc. (Japan), Roundshot (Switzerland), Panono GmbH (Spain), Panasonic Corporation (Japan) , D-Link Corporation(Taiwan), Sony Corporation (Japan) , Immer Vision, Inc. (Canada) and others.

Global Panoramic Camera Market - Competitive Landscape

The Panoramic Camera market appears fiercely fragmented & competitive due to the competitive landscape formed by the many large and small players along with the new entrants. Agreement & Partnership, Product Launch, Acquisition, and expansion are the strategies of the key players, traced from the recent proceedings.

Substantial investments have been made in the R&D to develop a technology that is entirely on a different level and unrivalled. Manufacturers strive to deliver power-efficient & lightweight cameras capable of producing pristine imagery in a variety of demanding situations.

Global Panoramic Camera Market - Regional Analysis

North America accounts for the largest market share in the global Panoramic Camera Market. The outstanding growth attributes to the presence of successful brands (camera manufacturers) in the region. Moreover, the growing demand for futuristic technology solutions coupled with the increasing crime in the region is expected to drive the market growth. Simultaneously, increasing demand for the cameras featuring the high image quality and low power consumption fuels the regional market growth. Continuing with the same trends, the market is expected to lead the global market in the future as well.

The Europe market for Panoramic Camera is expected to witness a remarkable growth owing to the vast contributions, especially from the well-defined markets of the UK and Germany. Additionally, rising government initiatives to provide security at public places, coupled with the increasing number of stadiums and university campuses in the region are demanding the high-security solutions, thereby, fostering the market growth for Panoramic Camera in the region.

The Asia Pacific market, on the other hand, is emerging as the fastest growing market for the Panoramic Cameras. Significant contributions from rapidly developing markets of India, China, and Japan, backed by the massive demand for video surveillance coupled with the growing government initiatives to take precautionary measures against terrorism, are expected to foster the growth of the regional market during the forecast period 2016-2022.

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Intended Audience

• Panoramic camera Manufacturers
• Panoramic camera Distributors
• Research firms
• Consultancy firms
• Software developers
• Vendors from various verticals such as Canon, Ricoh, Nikon, Samsung among others
• Semiconductor Manufacturers
• Stakeholders
• End-user sectors
• Investors

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