Night Vision Surveillance Camera Market Share

North American Market Forecast   

North America industry is set to account for largest revenue share by end of 2037. This can be accredited to the increasing security breaches, retail availability of night vision surveillance cameras, and rising number of stadiums in the region. As per data, in the United States, there were around 900 stadiums. Such a factor is estimated to foster the market growth in the region. The federal government of the United States and Canada chose night vision technology to enhance security in public sectors. Also, the US government is focusing on incorporating the night surveillance camera on highways. As per data from the National Highway Traffic Safety Administration, almost one-fourth of driving is done at night in the United States out of which half is done at night. This raises the demand for night vision surveillance cameras in the region.

APAC Market Statistics

Further, the market in Asia Pacific is anticipated to grow during the forecast period. This can be attributed owing to the rising infrastructures, and increasing demand for location-based gadgets amongst government sectors and public transportation including airports, train stations, and others. According to statistics, Indian Railways infrastructure is estimated to have an investment of around USD 710 billion by the end of 2037. Moreover, rising military and defense spending in the region is also estimated to propel market growth in the APAC region.  China is one of the world’s biggest markets for video surveillance or night vision surveillance cameras. As per the Reform Commission and National Development Data, almost all places in China are covered under video surveillance with facial recognition. This is done to reduce the chances of crime in the area and to make sure social stability in the region. Currently, the Chinese government authority is focusing on incorporating night vision surveillance cameras in all public sectors. Therefore, China is expected to drive the market in the forecast period.