China has continued to account for a significant share of the global supply of surveillance cameras for the last few years. As production and export volumes are rising to match the strong demand, manufacturers expect the country to remain a major manufacturing base for surveillance cameras and systems. Besides, traffic monitoring remains the potential segment for video surveillance in China. As increased vehicle sales are directly linked with the population and infrastructure growth, the need to manage traffic is also surging. Thus, the market for video surveillance in China is forecasted to reach US$ 3.2 billion by 2013, growing at a CAGR of around 25 percent since 2011, according to a research report “Global CCTV Market Analysis (2008-2012)”.
China has continued to account for a significant share of the global supply of surveillance cameras for the last few years. As production and export volumes are rising to match the strong demand, manufacturers expect the country to remain a major manufacturing base for surveillance cameras and systems. Besides, traffic monitoring remains the potential segment for video surveillance in China. As increased vehicle sales are directly linked with the population and infrastructure growth, the need to manage traffic is also surging. Thus, the market for video surveillance in China is forecasted to reach US$ 3.2 billion by 2013, growing at a CAGR of around 25 percent since 2011, according to a research report “Global CCTV Market Analysis (2008-2012)”.
Furthermore, experts have found that the government support is the main factor for such a stupendous growth of the market. The Chinese government implemented new policy for the construction and reconstruction of disaster areas of which roads, railways, airports and other infrastructure were built up with an outlay of $ 586 billion. Therefore, the years 2009 and 2010 contributed to the rapid development of the Chinese video surveillance market.
The report has covered various countries on the basis of developments and investments occurring in the countries. The countries, which have been covered in the report, are the U.S., Canada, the U.K., Germany, Italy, Russia, China, Thailand, Malaysia, Taiwan, India, Latin America and the Middle East.
“Global CCTV Market Analysis (2008-2012)” provides thorough research and rational analysis along with reliable statistics of the global surveillance market. The report also provides extensive information on the traditional markets as well as on the emerging technologies. Besides, an insight of trends prevailing in the regional surveillance market segments across the globe has been covered in the report. Analysis and statistics regarding market size, growth, share, segmentation and geographic distribution have been thoroughly studied in the report to present a comprehensive view of the global surveillance market. The report has thoroughly examined current market trends and industrial developments to enable clients understand the market structure and its progress in coming years.