The global trail camera market size is expected to reach USD 140 million by
2025 registering a CAGR of 7.1%, according to a new report by Grand View
Research, Inc. Rising expenditure on biological research and wildlife
monitoring is expected to remain a key factor for the market growth. In
addition, increasing usage of these cameras for security and surveillance in
commercial and residential sectors is propelling the product demand, thereby
augmenting market growth. Wildlife monitoring and research was the largest
application segment in 2018. Over the past few years, wildlife film-making has
been gaining popularity among various TV shows and such short films are also
being used in wildlife research studies.
Major manufacturers including Vista Outdoor
Inc., Wildgame Innovations LLC, and GG Telecom are spending more on R&D for
providing technological advanced cameras to increase their customer base. For
instance, in March 2018, Vista Outdoor Inc. launched a new trail camera under
the brand name ‘Bushnell’ with 4G LTE cell camera connectivity and Bluetooth
programming capabilities. The new camera provides live cast with active GPS.
Some of the kay companies in the market include Wildgame Innovations LLC;
Browning Trail Cameras; Vista Outdoor, Inc.; GG Telecom; Covert Scouting
Cameras; Boly, Inc.; Reconyx; Cuddeback; Stealth Cam; and Simmons.
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https://www.grandviewresearch.com/industry-analysis/trail-camera-market
https://www.grandviewresearch.com/industry-analysis/trail-camera-market
Further key findings from the study suggest:
· Asia Pacific is expected to witness the
fastest growth at a CAGR of 7.6% from 2019 to 2025. However, North America is
expected to remain dominant regional trail camera market over the forecast
period.
· Major companies in North America are
following various marketing strategies including product launches, celebrity
endorsements, and investments in establishing exclusive stores and e-commerce
channels to cater to the increasing demand for technological advanced products
· For instance, in March 2018, Browning Trail
Cameras launched Recon Force Extreme 4K, which can capture High-Definition (HD)
videos at 60 frames per second (fps)
· In addition, the company also launched
Strike Force XD Pro and Dark Ops XD Pro with improved dual lens technology
· The product variants with pixel size 8 to
12 MP led the global market in 2018 accounting for a total share of more than
55%
Grand View Research has segmented the
global trail camera market on the basis of pixel size, application, and region:
Trail Camera Pixel Size Outlook (Revenue,
USD Million, 2015 - 2025)
·
Below 8 MP
·
8 to 12 MP
·
Above 12 MP
Trail Camera Application Outlook (Revenue,
USD Million, 2015 - 2025)
·
Wildlife Monitoring & Research
·
Security
·
Others
Trail Camera Regional Outlook (Revenue, USD
Million, 2015 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Central & South America
·
Middle East & Africa
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.