Asia Pacific 3D Surveillance Camera Market Forecast to 2030 - Regional Analysis - by Product Type (Dome Camera, Bullet Camera, PTZ Camera, and Others), Technology (Stereoscopic Imaging, Time of Flight, and Structured Light Imaging), and Application (Peopl

Asia Pacific 3D Surveillance Camera Market Forecast to 2030 - Regional Analysis - by Product Type (Dome Camera, Bullet Camera, PTZ Camera, and Others), Technology (Stereoscopic Imaging, Time of Flight, and Structured Light Imaging), and Application (People Tracking, Object or Scene Detection, Monitoring Systems, Face Recognition, Robotic Arm Collision Avoidance, and Others)

The Asia Pacific 3D surveillance camera market was valued at US$ 411.68 million in 2022 and is expected to reach US$ 2,062.77 million by 2030; it is estimated to register a CAGR of 22.3% from 2022 to 2030.

Increasing Developments in Smart Cities Boost Asia Pacific 3D Surveillance Camera Market

Smart cities are becoming increasingly important as the world's population migrates to cities in pursuit of new prospects for development and future improvement. This quick influx of migrants has put additional strain on city services, traffic congestion, crime prevention, energy consumption, and waste reduction. Smart city surveillance systems are being developed to enable metropolitan areas to monitor changes and activity in their surrounding environment. A video surveillance system (VSS) is a critical component of a smart city, allowing for the detection and identification of numerous scenarios pertinent to smart city applications, such as public safety, crime prevention, traffic management, and environmental monitoring. Manufacturers are investing and launching new 3D surveillance technologies to cater to the rising demand for high-tech cameras in smart cities. Smart cities heavily rely on data collection and analysis as it helps in optimizing urban life. The deployment of 3D surveillance cameras helps in data collection, which is later used for enhancing security, traffic management, and crowd control. Thus, the increasing development of smart cities drives the growth of the market.

Asia Pacific 3D Surveillance Camera Market Overview

The Asia Pacific 3D surveillance camera market is segmented into China, India, Japan, Australia, South Korea, and the Rest of APAC. An upsurge in industrialization and urbanization is prompting major industry players to enter Asia Pacific by establishing manufacturing centers and service centers. For instance, in 2023, Outsight, with accomplished expertise in 3D LiDAR technology, expanded into Asia Pacific to capitalize on the high-tech surveillance opportunities in smart cities & transportation, logistics, and industrial applications. Moreover, nations such as China and India, with growing populations and elevating border disputes, have enough potential for the use of 3D surveillance cameras to enhance their position in the market. In China, the use of surveillance cameras and facial recognition systems has been increasing. The country has mass surveillance programs in many of its cities. These systems comprise high-tech equipment including facial recognition and even 3D surveillance. For instance, according to a 2018 report by The Atlantic, Beijing’s Public Safety Bureau stated that 100% of Beijing is under the blanket of surveillance cameras. Also, as of 2023, there are an estimated 540 million CCTV cameras in China. Thus, such a favorable environment in the country is anticipated to favor the market.

Asia Pacific 3D Surveillance Camera Market Revenue and Forecast to 2030 (US$ Million)

Asia Pacific 3D Surveillance Camera Market Segmentation

The Asia Pacific 3D surveillance camera market is categorized into product type, technology, application, and country.

Based on product type, the Asia Pacific 3D surveillance camera market is segmented into dome camera, bullet camera, PTZ camera, and others. The dome camera segment held the largest share of Asia Pacific 3D surveillance camera market share in 2022.

In terms of technology, the Asia Pacific 3D surveillance camera market is segmented into stereoscopic imaging, time of flight, and structured light imaging. The stereoscopic imaging segment held the largest share of Asia Pacific 3D surveillance camera market in 2022.

By application, the Asia Pacific 3D surveillance camera market is categorized into people tracking, object or scene detection, monitoring systems, face recognition, robotic arm collision avoidance, and others. The people tracking segment held the largest share of Asia Pacific 3D surveillance camera market in 2022.

Based on country, the Asia Pacific 3D surveillance camera market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific 3D surveillance camera market share in 2022.

Hexagon AB; Honeywell International Inc; Robert Bosch GmbH; Panasonic Holdings Corp; LG Electronics Inc; Teledyne Technologies Inc; Geovision Inc; Hangzhou Hikvision Digital Technology Co Ltd; CBC Co., Ltd.; and 3dEYE Inc. are some of the leading companies operating in the Asia Pacific 3D surveillance camera market.

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