Game Camera Market to hit US$ 130.34 Million, Globally, by 2027 at 5.0% CAGR: The Insight Partners

According to the new research report published by The Insight Partners on "Game Camera Market to 2027-COVID-19 Impact and Forecast and Global Analysis," published by The Insight Partners, the global game camera market was valued at US$ 89.41 million in 2019, and it is expected to grow at a CAGR of 5.0% during 2020-2027 to reach US$ 130.34 million by 2027.

The APAC game camera market is expected to grow at the highest CAGR during the forecast period. This market is driven by the increasing popularity of game cameras among hunters and wildlife enthusiasts.

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The APAC game camera market is primarily dominated by China, followed by Australia. China comprises a significantly large number of manufacturers, and Chinese game camera manufacturers support numerous distributors and retailers across the globe with low-cost and technologically enhanced products. Thus, the demand for Chinese game cameras is on-the-rise over the past couple of years. Australia, on the other hand, also has a substantial number of manufacturers and supports local and international game camera distributors. The country also experiences a fair number of footfall of hunters yearly, which bolsters the game camera market in the country.

The game camera market in APAC comprises countries such as China, India, Japan, Australia, South Korea, and the Rest of APAC. The huge population in the region has led to high demand for residential and commercial construction activities. APAC comprises several developing economies-such as China and India, along with many Southeast Asian countries-that generate robust demands for infrastructure projects. The rising population of these countries is the main driver for the construction industry in the region. Further, the governments of various economies are taking several measures for attracting private investments in construction and infrastructure development, which would boost the demand for deploying game cameras for security purposes during the forecast period. Presently, in the region, security is a huge concern due to rising thefts. Thus, household surveillance has become crucial. The best possible way to maintain control over the home or any commercial building is by deploying a game camera for security. The advantages of advanced game cameras for security are likely to positively influence the market in the coming years.

The US is the major manufacturer and supplier of game cameras with numerous companies producing game cameras in the country. This is primarily due to a substantial rise in hunting activities, demand from research organizations, and wildlife photography fanatics. The outbreak of COVID-19 in the country has led manufacturers to furlough a decent percentage of their employees and operate with a very limited workforce. This showcased a drastic drop in production volumes of game cameras, thereby, showcasing a negative trend in revenue generation trend in the game camera market. In addition, distributors are observing a decline in demand for game cameras, as the state borders and national borders are closed during the lockdown phase and the movement of individuals is restricted, which constricted the hunter's and researchers' activities. This parameter is hampering the growth of the game camera market. Moreover, the shipping delay is another prominent factor behind the decline in the revenue generation stream of the game camera market in the US.

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Key Findings of the Study

Wildlife photography in various regions, especially in North America and Europe, has emerged as one of the major career options, where game cameras are widely used. Professional photographers across the world have ventured into the wildlife photography field. Wildlife photography is a flourishing field and is creating massive demand for game cameras since wildlife researchers highly depend on game cameras as a feasible census tool to capture images for use in making evidence-based decisions. The use of game cameras to capture images of wild animals has become a trend. This is a significant factor responsible for the growth of the global game camera market.  Game cameras are also widely used for nest monitoring for different kinds of bird species. Researchers in Texas, US have been using motion-sensing game cameras to monitor bird nests. The device enables researchers to monitor bird behavior, nest success rates, and the predator community.

Government agencies are highly procuring game cameras to monitor animals in the wildlife to allow citizens to help identify and classify animals they see during outdoor adventures. For instance, the state of Wisconsin collaborated with the National Aeronautics and Space Administration and the University of Wisconsin to identify Wisconsin's wildlife populations with the deployment of 5,000 game cameras. The game camera monitoring enabled comparisons among wildlife populations and allowed tracking changes in population. Thus, game cameras are becoming a crucial tool for wildlife photography, research, and the study of animal behavior. The rising wildlife research projects and increasing interest of the masses in exploring the animal kingdom drive market growth worldwide.   

The List of Companies - Game Camera Market

1. Boly Media Communications Co. Ltd.
2. Browning Trail Cameras
3. Cuddeback
4. Minox GmbH
5. Stealth Cam (GSM Outdoor)
6. Reconyx, LLP
7. Denver Electronics A/S
8. Spypoint
9. Vista Outdoor Operations LLC
10. Wildgame Innovations

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The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductors and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Devices, Technology, Media and Telecommunications, and Chemicals and Materials.

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