Market Analysis

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Consumer Willingness to Pay for ADAS Remains Modest as Interest Rises Sharply

BOSTON, July 21, 2015 /PRNewswire/ — A recent study from the In-vehicle UX (IVX) group at Strategy Analytics (www.strategyanalytics.com) surveying consumers in the US, Western Europe and China, has found some changes in consumer interest for advanced driver assistance systems (ADAS) which could highlight potential market shifts in the near future.  After years of hesitance, […]

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Oceania Market for CCTV and Video Surveillance Equipment Worth $190 Million in 2014

The Oceania market for CCTV and video surveillance equipment, which is estimated to have been worth $190 million in 2014, is forecast to grow at a CAGR of 5.5% until 2019. IHS forecasts that the market will experience a continued shift towards network video surveillance solutions. The Australian market is expected to account for most

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245 Million Video Surveillance Cameras Installed Globally In 2014

According to IHS, there were 245 million professionally installed video surveillance cameras active and operational globally in 2014. Whilst the majority of these cameras were analog, over 20 percent are estimated to have been network cameras and around two percent HD CCTV cameras. This is the first time that IHS has measured the installed base

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Technology Changes Drive Thermal Camera Market to $500 Million by 2019

A new report by IHS Inc. (NYSE:IHS) estimates that the world market for uncooled thermal cameras in commercial security applications was worth $245.0 million in 2014, and will grow to nearly $500 million in 2019. IHS expects that within the next 12 month the market will start to shift away from 17 micron sensors, to

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Rapid Growth in Global Video Surveillance Market Continues in 2014

The world market for video surveillance equipment grew by 14.2% in 2014.This is according to recently published estimates from IHS Inc. (NYSE: IHS), through its Video Surveillance Intelligence Service. This is a higher rate than IHS was forecasting back in December (it was forecasting 10.7% back then). The difference is down to higher than expected

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End of the Line for the CCD?

Sony has initiated the process of exiting its charge-coupled device (CCD) sensor and camera business. As is usual in this kind of matter, Sony is currently discussing the move with its main customers and distributors, with a preliminary schedule being 2017, with progressive phase out until 2020. The timing might not be yet definitive as

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Machine Vision Companies Reporting Strong Numbers for 2014

James Carroll (Senior Web Editor, Vision Systems Design) reported that three major machine vision companies (Cognex, Datalogic, and Z-Laser) from different parts of the world have reported strong sales figures for 2014—representing yet another promising sign for the machine vision industry.  At the end of last year, in the midst of covering all of the

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Global Market for Machine Vision to Reach $26.9 Billion by 2020

The global market for machine vision (MV) system components should reach $17.1 billion by 2015 and $26.9 billion by 2020, registering a compound annual growth (CAGR) of 9.4% over the next five years, according to BCC Research. North America dominates the market for MV system components in terms of growth, with a CAGR of 9.7%

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