2019 Global Car CCTV Market May Over 10Billioin RMB

- Oct 21, 2018-

Safety is the eternal theme of transportation development and the basic guarantee for the sustainable development of transportation. Only by strengthening safety management and strengthening traffic safety supervision and emergency system construction can we better ensure the sustained and healthy development of the economy and society and the safe and convenient travel of the people. With the vigorous development of the social economy, the urbanization process has obviously accelerated, and problems such as traffic congestion and environmental degradation in many cities, especially large cities, have become more prominent. In the process of development of the transportation industry, operational safety has received widespread attention and the supervision department has attached great importance. People, vehicles and roads are three important factors in traffic safety, and vehicle operation is the primary link affecting vehicle safety. The vehicle monitoring system can effectively improve the operational safety of the vehicle. In the next few years, driven by the growth of the logistics industry and the continuous improvement in the monitoring and management needs of various industries, the market demand for vehicle monitoring systems will continue to expand.


It is estimated that the market size of global vehicle video surveillance equipment in 2019 will increase by 188.62% from US$580 million in 2012 to US$1.674 billion, with a compound annual growth rate of 16.34%. The market growth of global car video surveillance equipment from 2012 to 2019 is shown in the following figure:


Geographical distribution, the global automotive video surveillance equipment market is mainly distributed in the Americas, Asia and EMEA, the report shows that in 2014, the Americas, Asia, EMEA market share accounted for 60%, 22%, 18%. The Americas market is the most important market, while the Asian and EMEA markets are fast-growing markets. By 2019, the size of the Asian and EMEA markets is expected to increase from US$167 million and US$133 million in 2014 to US$424 million and 501 million respectively. Dollar. It increased by 154.56% and 276.55% respectively. In 2012-2019, the global distribution of vehicle video surveillance equipment is as follows:


Geographical distribution, the global automotive video surveillance equipment market is mainly distributed in the Americas, Asia and EMEA, the report shows that in 2014, the Americas, Asia, EMEA market share accounted for 60%, 22%, 18%. The Americas market is the most important market, while the Asian and EMEA markets are fast-growing markets. By 2019, the size of the Asian and EMEA markets is expected to increase from US$167 million and US$133 million in 2014 to S$424 million and 501 million respectively. Dollar. It increased by 154.56% and 276.55% respectively. In 2012-2019, the global distribution of vehicle video surveillance equipment is as follows:


Soaurce: China Business Research Institute

In general, with the rapid development of technologies such as mobile Internet, Internet of Things, information technology, big data and cloud computing, the car video surveillance industry has achieved rapid development and the market scale continues to expand. Car video surveillance continues to penetrate into bus, taxi, rail transit, "two passengers buses and one danger trucks" transport vehicles, school buses, police cars and other applications, and the application range is more and more extensive. In terms of product functions, it has gradually evolved from implementing simple cctv video surveillance functions to implementing integrated monitoring information functions. Based on the acquisition of surveillance video, it realizes comprehensive monitoring and information processing of vehicles through intelligent image recognition and data mining technologies. Such as obtaining vehicle scheduling, driver driving behavior analysis, people counter, vehicle driving trajectory and vehicle working condition analysis, traffic violation monitoring and capture functions. In short, with the economic development, the promotion of national policies and the continuous upgrading of industry technology, the market demand for automotive video surveillance products will continue to expand.

Source: China Business Research Institute


In general, with the rapid development of technologies such as mobile Internet, Internet of Things, information technology, big data and cloud computing, the car video surveillance industry has achieved rapid development and the market scale continues to expand. Car video surveillance continues to penetrate into bus, taxi, rail transit, "two passengers and one danger" transport vehicles, school buses, police cars and other applications, and the application range is more and more extensive. In terms of product functions, it has gradually evolved from implementing simple video surveillance functions to implementing integrated monitoring information functions. Based on the acquisition of surveillance video, it realizes comprehensive monitoring and information processing of vehicles through intelligent image recognition and data mining technologies. Such as obtaining vehicle scheduling, driver driving behavior analysis, vehicle driving trajectory and vehicle working condition analysis, traffic violation monitoring and capture functions. In short, with the economic development, the promotion of national policies and the continuous upgrading of industry technology, the market demand for automotive video surveillance products will continue to expand.