Security Cameras (IR Illuminator) Market: 8.8% CAGR Forecast to 2020 Led by APAC

Feb 01, 2016, 05:00 ET from ReportsnReports

PUNE, India, February 1, 2016 /PRNewswire/ --

The worldwide security cameras (IR illuminator) market is projected to reach USD 2.68 billion in 2020, growing at a CAGR of 8.8% with city Infrastructure segment showing the highest CAGR an APAC dominating regional IR Illuminator market during 2015 to 2020.

Complete report on global security cameras (IR illuminator) market spread across 173 pages, profiling 17 companies and supported with 89 tables is now available at .

The IR Illuminator market is expected to grow from USD 1.75 billion in 2015 to USD 2.68 billion in 2020, at a CAGR of 8.8%. The base year for study is 2014 and forecast is provided for 2015 to 2020. Security issues in developing countries, reduction in ASP for IP cameras, acceptance of IR illumination for better vision are the major causes of market growth.

The applications segment of Security Cameras (IR Illuminator) market has been further segmented into applications like border security, city infrastructure, commercial, industrial, institutional and residential areas. The application segment of city infrastructure is expected to grow with a double digit CAGR as the government bodies are investing heavily to prevent the destruction of city infrastructure like railways, airways, bridges, roadways.

APAC is expected to hold the largest market share by 2020 for IR illuminator market. The availability of highly advanced cameras at low cost due to competitive market is driving the acceptance of surveillance cameras in domestic applications. The governments of developing countries like India and China are spending huge amounts of money to protect critical infrastructure and assets which are essential for the development of the country, thus providing an impetus to the security camera market.

To estimate the market size of Security Cameras (IR Illuminator) system, the top players in the market have been considered. These are Canon Corporation, Axis Communication, Dahua Technology and Hikvision Digital Technology Co. Ltd.

Report include competitive landscape of Security Cameras (IR Illuminator) market along with company profiles of Arecont Vision LLC, Avigilon Corporation, Axis Communications, Bosch Security Systems, Canon Inc., Cisco Systems Inc., Dahua Technology, Hikvision Digital Technology Co. Ltd., Honeywell International Inc., JVCKENWOOD, Mitsubishi Electric, Panasonic Corporation, Samsung Techwin, Schneider Electric, Sony Electronics Inc., Tyco International, Vicon Industries Inc. Order a copy of  Security Cameras (IR Illuminator) Market by System (Analog, IP Based), Resolution (NON HD, HD, Full HD), Type (Indoor, Outdoor), Feature (PTZ, Fixed), Application (City Infrastructure, Commercial, Institutional) and Geography - Global Forecast to 2020 research report .

This report serves the needs of leading companies, end users and other stakeholders in this market. This report will be helpful to analyze opportunities and revenue sources and boost the new business strategies. The competitive trends for the market will give client an opportunity to improve, scrutinize and traverse the market which will be helpful for growth and expansion.

On a related note, another research on High-Speed Camera Market Global Trend & Forecast to 2020 says, the high-speed camera market is expected to grow at a CAGR of 5.2% between 2015 and 2020. Healthcare application is to have a high growth rate in the high-speed camera market. Asia-Pacific is expected to be the fastest-growing market for high-speed cameras. The primary participants for the report include 30% of the tier1, 55% of the tier2 and 15% of tier 3 companies. Companies like Photron limited, Vision research, NAC imaging technology, PCO AG, Mikrotron GMBH, AOS Technologies, Del imaging System, Fastec Imaging Corporation, Integrated Design Tools, Motion engineering Company, iX Cameras, Optronis GmbH, Motion Capture Technologies, Weiscamm and 20/20 Hindsight have been profiled in this 171 pages research report available at .

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