Push Camera Market 2022-2028

Push Camera Market 2022-2028

Global Push Camera Market Size, Share, & Analysis by Distribution Channel (Direct Sale, Indirect Sale, and Rental), and by Application (Sewage, Municipal Gas, and Others) Forecast Period (2022-2028)

Market Overview

The global push camera market is growing at a CAGR of 8.6% during the forecast period. The market was valued at $192.0 million in 2021 and is estimated to reach $343.0 million by 2028. The push camera industry is mainly driven by the growing demand for inspection in sewage, municipal, and other industries. Push cameras are versatile inspection devices that can be pushed into a pipe to inspect it for structural damages or blockages in the oil and gas industry, HVAC, municipal sewer and drain inspections, food production, and others. Further, extensive demand for wastewater and sewage management across the globe is contributing to the need for push cameras globally. According to World Health Organization (WHO, 2021), the total generated household wastewater in the US was 11,573.6 million m3/year. Whereas, in China, these numbers reached 71,480.7 million m3/year in 2021. High wastewater generation has increased the risk of pipeline failure which can be prevented using pipe inspection technology.

Segmental Overview

The market is segmented based on application and distribution channels. Based on application, the market is segmented into sewage, municipal gas and other. Based on the distribution channel, the market is segmented into direct sales, indirect sales (wholesaler/distributor/dealers), and rental.

In application, sewage held the highest market share of 53.0% in 2021 and is estimated to grow at the highest CAGR of 9.1% during the forecast period. Push cameras are extensively used in sewage pipeline prevention. Sediment and sludge buildup, mineral deposits, erosion, roots, and debris buildup can lead to pipeline failure, hence video inspections are used to find and fix the error which damage prevention. Push camera inspection technology is used to inspect many types of municipal pipes. Municipal gas held a considerable market share of 20.0% in 2021. The market value was $38.4 million in 2021 and is anticipated to reach $69.8 million in 2028. Push camera has been significantly used in US and UK gas distribution utilities to reduce risks, improve efficiency, lower costs, and resolve a wide range of operational challenges. Other industry includes oil and gas, chemical, pharmaceutical, mining and construction, and other. This segment held a market share of 27.0% in 2021 and is growing at a CAGR of 7.4% during the forecast period. The emergence of a push camera application in these industries is contributing to segmental growth.

Geographical Overview

Geographically, the push camera market is segmented based on the major regions that include North America (the US and Canada), Europe (UK, Germany, France, Italy, Spain, and the Rest of Europe), Asia-Pacific (China, India, Japan, and Rest of Asia-Pacific), and Rest of the World (RoW). In terms of revenue, North America led a market share of 55.7% in the push camera market in 2021. The US held the highest market share of 54.8% and is valued at $105.3 million in 2021. Growing demand for inspection technology owing to the expansion of industrial and municipal zones in the country is contributing to the market value. Government rules for prohibition on the method through which workers enter sewer or pipeline systems for surveying and maintenance have also been one of the major factors driving the market growth in North America. According to Energy Information Administration (EIA), the US natural gas pipeline network is a highly integrated network that moves natural gas throughout the continental US. The pipeline network has about 3 million miles of mainline and other pipelines that link natural gas production areas and storage facilities with consumers. In 2021, this natural gas transportation network delivered about 27.7 trillion cubic feet (Tcf) of natural gas to about 77.3 million customers. Hence, the government bodies are focusing on periodic inspection of their pipelines to avoid any mishaps, such as gas leakage. These factors are likely to drive demand for push camera systems during the forecast period. The push camera market in the Asia Pacific is the fastest-growing market, growing at a CAGR of 12.2% during the forecast period. Expanding residential, industrial, and municipal areas in emerging Asian economies such as China and India are contributing to the market growth. Further, the growing penetration of inspection technology in the end-users industry for pipeline management is likely to fuel the growth of the regional market. The market value in Asia-Pacific was $27.9 million in 2021 and is estimated to reach $63.4 million in 2028.