Market Share of Surveillance Camera Industry
The surveillance camera market is competitive and consists of several players. The growing demand for surveillance cameras also attracts new players, fragmenting the market concentration. The companies in the market continuously try to increase their market presence by introducing new products, expanding their operations, or entering into strategic mergers and acquisitions, partnerships, and collaborations. Some of the major players include Genetec Inc., Bosch Security Systems GmbH, Dahua Technology Co., Ltd, Honeywell International Inc., Panasonic Corporation, and many more.
- April 2024 - Zhejiang Dahua Technology divested its wholly owned US subsidiary to Taiwan's Central Motion Picture Corporation for USD 15 million, effectively exiting the US market. This strategic move follows a series of sanctions that significantly disrupted Dahua's operations. In recent years, Dahua was implicated in mass surveillance activities targeting the Uyghur population, an ethnic minority primarily located in Xinjiang, China. As a result, the imposed ban restricted Dahua from conducting sales in the US, isolating its American operations.
- January 2024 - Consistent Infosystems has unveiled its latest line of surveillance cameras, proudly Made in India. The lineup boasts a diverse array of offerings, such as the Smart Wireless 4G PT Camera, Wireless Pan-Tilt Wi-Fi 3MP/4MP Mini Wi-Fi P2P for easy setup, a 4G Solar Camera, a 4G Color Camera, and the CCTV Camera 4G Dome.
Surveillance Camera Market Leaders
-
Genetec Inc
-
Bosch Security Systems GmbH
-
Dahua Technology Co., Ltd
-
Honeywell International Inc.
-
Panasonic Corporation
*Disclaimer: Major Players sorted in no particular order
