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The Global Motion-Activated Cameras Market Is Expected To Grow At A CAGR Of Over 12% During The Forecast Period.
Motion Activated Cameras Market Overview:
Motion-activated cameras, also known as motion-sensing trigger cameras or PIR (passive infrared) sensors, are devices that record images and video in the presence of motion detection. They can trigger when moving objects come into their view. These types of CCTV systems do not include recording capabilities and lack night vision capabilities, but they are relatively inexpensive to install and operate. The major factors driving this growth are increasing demand for safety and security, the automotive industry, and other fields such as military applications, personal voice recorders, and others. In addition, the development of wireless cameras also contributed to this growth.
Motion Activated Cameras market size, estimates, and forecasts are provided in terms of sales volume (K Units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Motion Activated Cameras market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we considered the impact of COVID-19 and the Russian-Ukraine war.
Key Market Updates:
Major Segments Covered in the Global Motion Activated Cameras Market:
Market Key Players:
GoPro, Inc. (United States), Sony Corporation (Japan), Panasonic (Japan), Kodak (United States), Canon (Japan), Philips (Netherlands), Garmin Ltd. (United States), PAPAGO Inc. (Taiwan), BlackVue (Korea) and Sioeye Inc. (United States) are some of the key players profiled in the study.
Motion Activated Cameras Market by Types:
Motion Activated Cameras Market by Applications:
Motion Activated Cameras Market by Regions:
The report estimates revenue growth at the worldwide, regional, and country levels and delivers an analysis of the recent industry trends in each sub-segment from 2017 to 2030.
North America is the largest market for magneto-optical current transformers. This is because of the growth in the development of the industry using electrical equipment, which is mainly driven by the development of IT and data-related infrastructure. Europe is not far behind.
Asia Pacific is expected to be the fastest-growing market for magneto-optical current transformers. The reason is that the region is undergoing rapid technological advancements and also because of the huge land area, which may also affect the market share.
China is one of the regions where technology is advancing by leaps and bounds, where magneto-optical current transformers can be very useful. Apart from China, India is also an important player in this market, and due to the huge investment and FDI inflow, the magneto-optical current transformer market is likely to flourish in the future.
Significant Market Dynamics:
Growth Factors:
The growth of the global motion-activated camera market is mainly driven by factors such as increasing demand for high-definition security cameras and increasing number of car accidents. However, low battery life and insufficient storage space are some of the constraints that are restraining the growth of this market to some extent. Moreover, rising adoption in various end-use industries such as automotive industry, food and beverage processing companies, and construction sites will also drive the overall growth rate of the global motion-activated cameras market over the forecast period from 2021 to 2030. Moreover, the significant increase in internet penetration among the people over the past few years is expected to further increase customer awareness of the unique features offered by these products, thereby increasing their acceptance globally.
Report Scope of Global Motion Activated Cameras Market:
Points Covered in the Report
Frequently Asked Questions-
What is the CAGR of Motion Activated Cameras market?
The Motion Activated Cameras Market is growing at a CAGR of 12% During the Forecast Period.
What are the key types and applications of the Motion Activated Cameras market?
- Wireless Type, Wired Type, Ceramics, Alloy, Oxinium, Others
- Automobile Data Recorder, Personal Recorder, Military Applications, Others
Who are the key players in Motion Activated Cameras market?
GoPro, Inc. (United States), Sony Corporation (Japan), Panasonic (Japan), Kodak (United States), Canon (Japan), Philips (Netherlands), Garmin Ltd. (United States), PAPAGO Inc. (Taiwan), BlackVue (Korea) and Sioeye Inc. (United States) are some of the key players profiled in the study.
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Note – In order to provide a more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19 and the Russia-Ukraine war.