As per the analysis by Market Research Future Reports (MRF),
the global panoramic camera market is estimated to value USD 36 Billion, with a CAGR
of 31% during the review period from 2016 to 2022.
Market
Scenario
The global panoramic camera market 2020 is
majorly driven by the rise in demand for smart homes, higher investment in
infrastructure, and the growing technology growth for raising safety concerns.
Apart from this, the growing demands for the affordable camera to meet the
needs of the photography industry, and rising digital photography industry.
Nonetheless, the factors that impede the expansion of the global panoramic
camera market are its limited software support availability, high price than
standard IP cameras and poor image quality. These cameras are used for many
applications, in particular for area, rail, metro, surveillance, airport
terminals, industrial sites, school halls, university campuses, outdoor
including and shopping mall security, car parking, and many more.
Market
Segmentation
Global Panoramic Camera Market has been segmented on the
basis of type, application and region.
The market was classified by type into the industrial camera
and commercial camera.
The market involves traffic control, grid layout, aerial
scenery and others dependent on use.
Panoramic camera technology enables the segmentation into
single-sensor cameras and multi-sensor cameras. Single sensor camera uses only
one image sensor and they are well equipped to track retail stores, hotels,
schools and offices indoors. A multi-sensor camera allows for a higher pixel
density or resolution for the same area coverage and is ideal for stadiums,
schools, parking lots and shopping malls.
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Competitive
Dashboard
The key players of global panoramic camera market report
include Sony Corporation (Japan) , Ricoh Company Ltd. (Japan), Samsung
electronics Ltd. (Korea), Nikon Corporation (Japan), Roundshot (Switzerland),
Canon Inc. (Japan), Panono GmbH (Spain), D-Link Corporation(Taiwan),
Panasonic Corporation (Japan) , Immer Vision, Inc. (Canada) and others.
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Regional
Analysis
North America, Asia Pacific, Africa, and the RoW have been
geographically studied.
Over the 2016-2022 forecast span North America is predicted
to dominate the panoramic camera market. The U.S. is expected to contribute
significantly to the global panoramic camera market, owing largely to growing
crime in the region. Furthermore, the high adoption of cameras featuring high
image quality and low power consumption also fuel the panoramic market in the
North America region.
It is predicted that European countries, especially the
United Kingdom, Germany and others, will develop at a steady pace mainly due to
increasing government measures to ensure public safety, Increasing numbers of
stadiums and university campuses in the area often demand high-security
solutions, thus boosting the development of the region's panoramic market.
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TABLE OF CONTENTS:
1.
Market Introduction
2.
Research Methodology
3.
Market Dynamics
4.
Executive Summary
5.
Market Factor Analysis
6.
Panoramic Camera Market, By Segments
7.
Competitive Analysis
Continued…
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