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ID: MRFR/SEM/0206-CR | March 2016 | Region: Global | 110 pages
Impact of COVID-19 on the CCTV Market
The COVID-19 pandemic has had a harsh impact on the global economy in several ways as the pandemic has impacted various sectors, including energy, manufacturing, construction, industrial, and automotive. There has been an acute decline in the demand for goods and materials from the residential, commercial, and industrial sectors. However, the CCTV market is expected to grow at a significant rate as the number of installations of CCTVs for surveillance in residential, commercial, and industrial sectors is increasing for monitoring and surveillance purposes due to the lockdown restrictions imposed worldwide. This scenario has showcased a strong demand for CCTVs in the global market. However, the outbreak of COVID-19 in November 2019 was followed by strict lockdown restrictions, which has posed several challenges for CCTV manufacturers and suppliers. Honeywell, Bosch, Samsung, and other players engaged in the manufacturing and supply of CCTVs are facing a lot of problems in their supply chain management amidst the global lockdown.
Additionally, the pandemic has also disrupted the supply chains and market demand due to the decline in production, shutting down of industrial sites, halting of various projects, and other factors that have created cash flow constraints. There was a resultant decline in the supply of CCTVs in the global market. Additionally, many countries have halted the export and import of products, which has placed the manufacturers and suppliers in the global CCTV market under financial pressure.
Irrespective of the COVID-19 outbreak, MRFR predicts that the overall demand for CCTV cameras will continue to surge in the upcoming months of 2020. Globally, the COVID-19 pandemic has had a moderate impact on the CCTV market. As many people across the globe have been allowed to work from home, there has been a rise in the demand for CCTVs for monitoring and surveillance purposes, which in turn has helped to boost revenues of the companies operating in the CCTV market. Moreover, the growing focus of governments towards public safety and city surveillance and the rising demand for CCTVs in the industrial sector are some of the factors which propel the demand for CCTVs in the global market.
The Most Surveilled Cities of the World, 2020
Source: Statista
Impact Analysis
1 Introduction
1.1 Definition
1.2 Scope of the study
1.2.1 Research Objectives
1.2.2 Assumptions & Limitations
1.3 Market Structure
2 Research Methodology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
3 Report Excerpt
4 Forecast Indicators
4.1 Introduction
4.2 Growth Drivers
4.3 Growth Barriers
4.4 Market Opportunities
4.5 Macroecnomical Indicators
5 Market Analysis
5.1 Porter's Five Force
5.2 Supply Chain Analysis
5.3 Value chain Analysis
6 Global CCTV Market, by Type
6.1 Introduction
6.2 Analogue Camera
6.3 HD Analogue Camera
6.4 Internet Protocol (IP) Camera
6.4.1 Wired
6.4.2 Wireless
7 Global CCTV Market, by Technology
7.1 Introduction
7.2 CMOS Technology
7.3 CCD Technology
8 Global CCTV Market, by End-user
8.1 Introduction
8.2 Educational Centers
8.3 Hospitals
8.4 Hotels
8.5 Real Estates
8.6 Religious Places
8.7 Government
8.8 Retail
8.9 IT Sector
8.10 Transport Sector
9 Global CCTV Market, by Channel Structure
9.1 Introduction
9.2 Distribution Channel
9.3 System Integrator/Retail Channel
10 Global CCTV Market, by Region
10.1 Introduction
10.2 North America
10.2.1 USA
10.2.2 Canada
10.3 Europe
10.3.1 Germany
10.3.2 France
10.3.3 UK
10.3.4 Italy
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Rest of Asia
10.5 Rest of the World
11 Competitive Landscape
11.1 USA: Market Share Analysis
11.2 Europe: Market Share Analysis
11.3 China: Market Share Analysis
India: Market Share Analysis
12 Company Profiles
12.1 Hikvision Digital Technology
12.2 Honeywell Security
12.3 Bosch Security System
12.4 Safran Security
12.5 Dahua Technology
12.6 Assa Abloy (Global Technologies)
12.7 Tyco Security Products
12.8 Flir Systems
12.9 Samsung
12.10 Axis Communications
12.11 Allegion
12.12 Aiphone
12.13 TKH Group
12.14 Avigilon
12.15 Infinova
12.16 Vevotech
12.17 Movotix
12.18 Geovision
12.19 Indovision
12.20 AV TECH
12.21 Vicon Industry