Bookmark and Share

China’s Video Surveillance Equipment Market Maintains Momentum

Wellingborough, U.K. 26 November 2012. In its fifth edition report on the Chinese video surveillance market, IMS Research (recently acquired by IHS Inc. (NYSE:IHS)) estimated that the market was worth  $2.6 billion in 2011, an increase of more than 30 percent over 2010. A key driver of this growth was the network security camera market.

City surveillance and transportation are the largest end-user industries in China. However, as economic growth slowed in 2011, investment in city surveillance also declined. In the second half of 2011, a number of high-speed railway construction projects were stopped or delayed due to financing difficulties caused by the global financial crisis. As a result, growth in the analog video surveillance equipment market started to slacken.

Cheryl Li, report author and research analyst at IMS Research comments, “Due to the increasing demand for high resolution images, network security products, especially network cameras, gained market share in 2011. In fact, network camera revenue increased 130 percent in 2011. In addition, the growth  also benefited from the increasing number of participants in the market. It should be noted that competition also reduced pricing, which is an important element in the market.”

Li continues, “High definition is a definite trend for the video surveillance market in China over the next few years. Besides network security products, HD-SDI products also gained greater attention. However, HD-SDI products are still expensive, and lack of a complete HD solution in the market. As a result, we estimated that it only had limited shipments in 2011.”

China’s GDP growth is targeted at 7.5 percent for 2012, marking the first time the figure has dropped below 8 percent in the past eight years. However, the government is continuing its investment in the western area, which may create new opportunities in end-user industries, such as city surveillance, airports and railways. In this latest China video surveillance market research, IMS Research forecasts  that the market will grow at a relatively high compound annual growth rate (CAGR) of 20 percent over the next five years.

For more information please contact:

IMS Research:
Niall Jenkins
niall.jenkins@ihs.com
Tel +44 1933 402255

IHS Media Relations:
press@ihs.com
Tel: +1 303 305 8021

Alternative Contacts:

Europe
Ann Ruff
Ann.ruff@ihs.com
Tel: +44 1933 402 255

US
Stacy Hackenberg
Stacy.hackenberg@ihs.com
Tel: +1 512 302 1977

Asia Pacific
Bo Zhang
Bo.zhang@ihs.com
Tel: +86 21 6720 1823

Follow us on Twitter @IMS_Security

Please visit www.securitymarketintelligence.com for a full list of our research.

About IHS (www.ihs.com)
IHS (NYSE: IHS) is the leading source of information, insight and analytics in critical areas that shape today’s business landscape. Businesses and governments in more than 165 countries around the globe rely on the comprehensive content, expert independent analysis and flexible delivery methods of IHS to make high-impact decisions and develop strategies with speed and confidence. IHS has been in business since 1959 and became a publicly traded company on the New York Stock Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS is committed to long-term, sustainable growth and employs more than 6,000 people in more than 30 countries around the world.

About IMS Research (www.imsresearch.com)
IMS Research, recently acquired by IHS (NYSE: IHS), is a leading supplier of market research and consultancy to over 2500 clients worldwide, including most of the world’s largest technology companies. Established in the UK in 1989, IMS Research now has dedicated analyst teams focused on the factory automation, automotive, communications, computer, consumer, display, financial & ID, LED & lighting, medical, power & energy, solar PV, smart grid and security markets.  Currently publishing over 350 different syndicated report titles each year, these in-depth publications are used by major electronics and industrial companies to assess market trends, solve marketing problems, and improve the efficiency of their businesses.