China Surveillance Analog Camera Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 3.79 Billion |
| Market Size (2029) | USD 4.91 Billion |
| CAGR (2024 - 2029) | 5.27 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
China Surveillance Analog Camera Market Analysis
The China Surveillance Analog Camera Market size is estimated at USD 3.79 billion in 2024, and is expected to reach USD 4.91 billion by 2029, growing at a CAGR of 5.27% during the forecast period (2024-2029).
- China boasts an extensive analog camera infrastructure, with millions of cameras spread across diverse sectors. Businesses and authorities continue to use these analog systems, fueling a sustained demand for compatible analog cameras. Transitioning from analog to digital IP cameras necessitates substantial investments in new equipment and infrastructure, posing a significant hurdle for numerous organizations, especially in the SME segment.
- Analog surveillance cameras offer several advantages, e.g., a more straightforward installation process than IP-based digital systems. They require less specialized equipment and labor, which reduces overall installation costs. This makes analog cameras a more accessible and cost-effective option, especially for projects with limited budgets.
- Specific industries and governmental bodies in China enforce regulations stipulating cameras for security and surveillance. These mandates, primarily motivated by data privacy and security apprehensions, sustain the demand for analog cameras. For instance, in February 2024, the National Development and Reform Commission (NDRC) announced that government-funded Chinese developers would be required to incorporate monitoring equipment into their projects. This regulation applies to companies with a minimum of CNY 30 million (~USD 4.2 million) in government funding. Such initiatives are anticipated to support the studied market's growth during the forecast period.
- However, analog cameras have inherent limitations in terms of image quality, resolution, and advanced features compared to digital IP-based cameras. As the demand for higher-quality and smart surveillance solutions grows, the technological gap between analog and IP cameras becomes more apparent. This can make it challenging for analog cameras to remain specific to applications that require more advanced capabilities.
- The Chinese Surveillance industry has been significantly affected by macroeconomic factors, notably the US-China trade war. The US government's restrictions on exporting high-end chips and chip technology to China have had profound implications. Consequently, Chinese companies are encountering hurdles in sourcing these sophisticated chips, leading to a decline in chip imports and a direct improvement of hardware components in the surveillance analog camera market. However, with the local ecosystem for semiconductor/electronic device manufacturing bolstering, the future appears promising for the studied market's growth.
China Surveillance Analog Camera Market Trends
Cost-Effectiveness of Analog Cameras' Appeals to Smaller Businesses and Projects with Budget Constraints, thereby Supporting the Market's Growth
- Small enterprises, like retail outlets, eateries, and local services, frequently need help with constrained security budgets. Analog cameras, with their modest initial costs, emerge as a viable and economical choice for these businesses. This affordability enables them to set up fundamental surveillance systems without straining their finances, bolstering analog surveillance cameras' prevalence in China's small and medium enterprises.
- Retail is among the major sectors wherein the prominence of SMEs is significant. With the adoption of security and surveillance systems increasing across the retail sector, the expanding size of the retail industry is creating a favorable ecosystem for the studied market's growth. For instance, according to the National Bureau of Statistics of China, China's retail sales of consumer goods witnessed a surge in 2023, with total retail sales hitting around CNY 47.1 trillion (~USD 6.48 trillion). Urban regions accounted for a significant CNY 40.7 trillion (~USD 5.60 trillion), up 7.1% year-on-year, while rural areas contributed CNY 6.4 trillion (~USD 0.9 trillion), up 8% year-on-year.
- Local governments and municipalities in China frequently operate within tight budgets for public safety and security. Analog surveillance cameras present a cost-effective solution for these entities, enabling them to establish and maintain surveillance networks without breaking the bank. Given their reduced hardware, installation, and maintenance expenses, analog systems are the pragmatic choice for bolstering security infrastructure in financially constrained areas.
- Further, analog cameras generally incur lower maintenance and support costs than digital IP-based surveillance solutions. Their simpler technology and well-established service ecosystem make them more accessible and cost-effective to maintain and troubleshoot. This is a crucial consideration for organizations with limited technical resources or maintenance budgets, further enhancing the cost-effectiveness of analog cameras.
Government Segment to Hold a Significant Market Share
- The Chinese government prioritizes enhancing public safety and security from national to local levels. Government agencies and municipalities extensively deploy analog cameras to establish comprehensive surveillance systems for crime prevention, traffic monitoring, and emergency response. This widespread adoption of analog cameras by governmental bodies significantly sustains demand in China's surveillance analog camera market.
- In addition, visible analog cameras in public spaces and high-crime areas such as government buildings serve as a deterrent, reducing the likelihood of criminal activities. The awareness of being monitored and recorded discourages individuals from engaging in unlawful behavior, leading to a decrease in crime rates. According to a study published in ChinaDaily, in 2023, the number of individuals charged with serious violent crimes dropped significantly to 61,000, a stark decline from the 162,000 reported in 1999.
- Furthermore, according to the data provided by the Institute of Crime and Justice Policy Research (ICPR), in 2023, China was the 2nd leading country in terms of the number of prisoners after the United States. Such trends shows the higher emphasis of the government on public safety and security, which is among the key factor supporting the studied market's growth in China.
- Government agencies, especially those focusing on security and infrastructure, frequently need more time to meet stringent budget limitations. Analog surveillance cameras have emerged as a cost-efficient alternative to their digital IP counterparts. This affordability enables government bodies to expand their camera networks within their financial confines.
- Furthermore, analog surveillance cameras are also lauded for their straightforward installation, operation, and maintenance, especially when contrasted with their digital IP-based counterparts. Hence, with the government continue to focus on expanding its public surveillance capabilities, new opportunities are anticipated to be created, during the forecast period.
China Surveillance Analog Camera Industry Overview
The China surveillance analog camera market is fragmented by nature, as domestic and international brands compete for their slice of the market share. Significant companies are emphasizing R&D investments to continue innovations and strategic initiatives like partnerships, mergers, and acquisitions to remain competitive. Some key market players are Hangzhou Hikvision Digital Technology Co., Ltd., Dahua Technology Co., Ltd., CP PLUS, Zhejiang Uniview Technologies Co., Ltd., and Shenzhen Sunell Technology Corporation.
- June 2024 - The Chinese government announced its plans to install surveillance cameras in key areas of all primary and secondary schools, including corridors, store rooms, and rooftops, to combat bullying and campus violence. Such initiatives are anticipated to drive opportunities in the studied market.
China Surveillance Analog Camera Market Leaders
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Hangzhou Hikvision Digital Technology Co., Ltd.
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Dahua Technology Co., Ltd.
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CP PLUS
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Zhejiang Uniview Technologies Co.,Ltd.
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Shenzhen Sunell Technology Corporation
*Disclaimer: Major Players sorted in no particular order
China Surveillance Analog Camera Market News
- April 2024: Hikvision announced the latest iteration of its Turbo HD analog security products, Turbo HD 8.0. This upgraded version promises users a more immersive and interactive security experience, enhancing their surveillance capabilities. Turbo HD 8.0 introduces four key innovations: real-time communication, 180-degree video coverage, enhanced night vision, and a broader product range. These upgrades include features like two-way audio, compact dual-lens cameras with stitching technology, and Smart Hybrid Light functionality across the entire Turbo HD camera lineup. Additionally, the launch features a new advanced pro-series DVR equipped with AcuSense technology.
- October 2023: Hikvision unveiled 2 MP analog cameras, showcasing an F1.0 aperture. This milestone was marked by the launch of the ColorVu Fixed Turret (DS-2CE70DF0T-MF) and Bullet (DS-2CE10DF0T-F) Cameras. These innovative cameras deliver top-notch, full-color imaging 24/7, support HD over analog cabling for seamless upgrades, and boast features like 3D Digital Noise Reduction (DNR) technology and an impressive white light range.
China Surveillance Analog Camera Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Attractiveness - Porter's Five Forces Analysis
4.2.1 Threat of New Entrants
4.2.2 Bargaining Power of Buyers
4.2.3 Bargaining Power of Suppliers
4.2.4 Threat of Substitute Products
4.2.5 Intensity of Competitive Rivalry
4.3 Industry Value Chain Analysis
4.4 An Assessment of Macroeconomic Trends on the Market
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Cost-Effectiveness of Analog Cameras' Appeals to Smaller Businesses, Local Governments, and Projects with Budget Constraints, Thereby Supporting the Market's Growth
5.1.2 Analog Cameras Boast Simpler Technology and User Interfaces, Rendering them Easier to Install
5.2 Market Restraint
5.2.1 Technological Limitations and Availability of Substitutes
6. MARKET SEGMENTATION
6.1 By End-User Industry
6.1.1 Government
6.1.2 Banking
6.1.3 Healthcare
6.1.4 Transportation and Logistics
6.1.5 Industrial
6.1.6 Others (Education Institutions, Retail, and Enterprises)
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles*
7.1.1 Zhuhai RaySharp Technology Co., Ltd.
7.1.2 Zhejiang Uniview Technologies Co.,Ltd.
7.1.3 Shenzhen TVT Digital Technology Co., Ltd.
7.1.4 Shenzhen Sunell Technology Corporation
7.1.5 JER TECHNOLOGY CO., LTD.
7.1.6 Hanwha Vision Co., Ltd.
7.1.7 Shenzhen MVTEAM Technology Co,Ltd
7.1.8 Shenzhen LOYALTY-SECU Technology Co., LTD
7.1.9 Jovision Technology Co., Ltd
7.1.10 CP PLUS
7.1.11 Dahua Technology Co., Ltd.
7.1.12 Hangzhou Hikvision Digital Technology Co., Ltd.
8. INVESTMENT ANALYSIS
9. FUTURE OF THE MARKET
China Surveillance Analog Camera Industry Segmentation
Analog cameras are employed in legacy surveillance systems. They capture non-digital video streams and transmit them, typically over coaxial cables, to Digital Video Recorders (DVRs) or video management systems (VMSs) for monitoring, storage, and analysis. The market size is gauged by the accruing sales of analog camera products across various end-user industries, with the study also delving into the market's growth patterns and macroeconomic influencers.
China's surveillance analog camera market is segmented by end-user industry (government, banking, healthcare, transportation, and logistics, industrial, and others [education institutions, retail, and enterprises]). The report offers market forecasts and size in value (USD) for all the above segments.
| By End-User Industry | |
| Government | |
| Banking | |
| Healthcare | |
| Transportation and Logistics | |
| Industrial | |
| Others (Education Institutions, Retail, and Enterprises) |
China Surveillance Analog Camera Market Research FAQs
How big is the China Surveillance Analog Camera Market?
The China Surveillance Analog Camera Market size is expected to reach USD 3.79 billion in 2024 and grow at a CAGR of 5.27% to reach USD 4.91 billion by 2029.
What is the current China Surveillance Analog Camera Market size?
In 2024, the China Surveillance Analog Camera Market size is expected to reach USD 3.79 billion.
Who are the key players in China Surveillance Analog Camera Market?
Hangzhou Hikvision Digital Technology Co., Ltd., Dahua Technology Co., Ltd., CP PLUS, Zhejiang Uniview Technologies Co.,Ltd. and Shenzhen Sunell Technology Corporation are the major companies operating in the China Surveillance Analog Camera Market.
What years does this China Surveillance Analog Camera Market cover, and what was the market size in 2023?
In 2023, the China Surveillance Analog Camera Market size was estimated at USD 3.59 billion. The report covers the China Surveillance Analog Camera Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the China Surveillance Analog Camera Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
China Surveillance Analog Camera Industry Report
Statistics for the 2024 China Surveillance Analog Camera market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. China Surveillance Analog Camera analysis includes a market forecast outlook and historical overview. Get a sample of this industry analysis as a free report PDF download.
China Surveillance Analog Camera Market Report Snapshots
