Visual Surveillance Devices: New Opportunities

Published - May 2000| Analyst - George Samerjan| Code - SAS009A
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Report Highlights

  • Industrial, commercial and individual concerns over security in the workplace and at home have led to a $2.4 billion domestic (nonmilitary) market for surveillance devices that is expected to grow significantly over the next 5 years.
  • The total market was nearly $2.0 billion in 1997, and can be expected to grow at an average annual growth rate of 10.7% through the year 2004 to $4.3 billion.
  • The fastest-growing segment of this market is in closed-circuit television as more and more retail and service sector companies incorporate CCTV security systems into new establishments.

INTRODUCTION

This report is an analytical tool the primary purpose of which is to cover the growing market for visual surveillance devices - night vision devices and CCTV - in terms of application and end use. A summary follows this introductory section and is followed immediately by an overview of the development of the surveillance device industry and development of the market. The succeeding sections are analyses of the current and future market trends. This report will review the application and end use markets as well as the technology, development of the market, and analyses of current and future market trends.

The visual surveillance device industry is not a well-defined one, but rather a grouping of visual surveillance device designers/manufacturers, systems integrators and distributors. This study of the surveillance device industry focuses on the following major surveillance device types:

  • Night vision devices used in law enforcement, security, and personal applications;
  • Closed-circuit devices used in industrial, commercial and personal applications.

The final segments of this report address the industry's structure, and provide an analysis of the technology currently under development and in the market.

METHODOLOGY

The material presented in this study is based on information gathered from personal contacts with government and industrial participants in the respective areas of research, development and manufacture of these products as well as a thorough review of the technology gathered from various government and industry sources.

Additional data was obtained from an extensive review of secondary sources such as trade publications, trade associations, company literature and on-line databases. All dollar projections presented in this report are in 1999 constant dollars.

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