Night Vision (IR) Surveillance cameras Market Segmentation and Strategies of Key Players For 2024

Night vision (IR) surveillance cameras are used for the purpose of surveillance in poor lighting conditions such as fog or in the night, with the help of infrared technology. Some of the major applications of these infrared night vision cameras include continuous monitoring of critical assets, face recognition, threat detection, and traffic management. The demand for secured access, secured borders, and secured living premises is a strong driver for the growth of night vision surveillance cameras around the globe. Moreover, growing fear of terrorism and cross-border infiltration has created the demand for surveillance cameras globally. Night vision (IR) cameras not only enable round-the-clock monitoring, but also keep unwanted elements away during the day and as well as at night.

Night Vision (IR) cameras play a key role in the public sector and military segment and this area is anticipated to have a large market share as these cameras are used on a large scale to trace unwanted or suspicious human or vehicle movements at night. Governments’ encouragement of a greater role for technology in fighting against terror and increasing modernization worldwide has further boosted the demand for night vision cameras globally. A growing trend of smart homes and smart construction worldwide is another factor for the growth of night vision cameras as consumers are more inclined to own a night vision device for the advanced protection of their homes, offices, and properties. The night vision feature of surveillance cameras plays a better role in video analytics and intelligent imaging systems, which are used for dynamic video capture for commercial purposes such as effective traffic monitoring, industrial monitoring, and population monitoring. With an increase in the overall levels of competition among leading night vision (IR) surveillance camera manufacturers in terms of developing unique designs according to usage with do-it-yourself (DIY) capabilities, the consumers are getting better access to advanced technologies at reasonable prices. Moreover, growing partnerships of surveillance camera vendors to upgrade and create better product features, is playing a greater role in driving the night vision (IR) surveillance cameras market around the globe.

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On the basis of shapes, the night vision (IR) surveillance cameras market is categorized into box cameras, dome cameras, and bullet cameras. Factors such as simple installation, ability to withstand extreme weather, and vandal-proof designs, are the major drivers for the market. On the basis of types, the night vision (IR) surveillance cameras market is categorized into fixed cameras and PTZ (pan, tilt, and zoom) cameras. End-use segments of the night vision (IR) surveillance cameras market include public sector and defense, retail, transportation, industrial, stadiums, business organizations, and others. As a result of high defense spending worldwide, the night vision cameras market is on the verge of additional growth.

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In the coming years, demand from emerging regional markets such as Asia Pacific, Latin America, and Middle East and Africa (MEA) is anticipated to drive the growth of the night vision (IR) surveillance cameras market. Some of the players involved in offering solutions or services related to night vision (IR) surveillance cameras are FLIR Systems, Axis Communications AB, Robert Bosch GmbH, Pelco Corporation, Raytheon Company, BAE Systems plc. L-3 Communications Holdings, Samsung Electronics Co., Ltd., and Hikvision Digital Technology Co., Ltd.

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