PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1182195
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1182195
Global Trail Camera Market is valued at approximately USD 94.0 million in 2021 and is anticipated to grow with a healthy growth rate of more than 7.1% over the forecast period 2022-2029. A trail camera is an outdoor camera that is left unattended to take photographs or video footage whenever motion is detected or at constant durations. The photographer set up this camera in places where they typically cannot spend a long time capturing the animals or scenic views. The growing expenditure on wildlife research and monitoring and the rising scope of application in outdoor security are the primary factors that are stipulating the demand for trail cameras across the globe.
The reduced population of various animals and endangered species are likely to boost the adoption of trail camera to continuously monitor and take measures related to the conservation of those species. The World Wildlife Fund's (WWF) Living Planet Report 2020 reported that the monitored population sizes of birds, reptiles, fish, amphibians, and mammals witnessed a decline of an average of 68% between 1970 and 2016. Likewise, an average decrease of 94% of populations in Latin America and the Caribbean have suffered the worst, and freshwater species worldwide have also suffered disproportionately, with average declines of 84%. Consequentially, the rising measures by various regulatory bodies on the conservation of animals are anticipated to surge the market demand at s significant rate. Moreover, the growing investment in technological developments and rising focus on product developments by the leading market players are presenting various lucrative prospects for market growth in the forecasting years. However, the availability of substitute products and lack of awareness among people are hindering market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Trail Camera Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the increasing technological advancements and rising focus on the production of smart trail cameras. Whereas, Asia Pacific is expected to grow at the highest CAGR during the forecast period. Factors such as growing awareness among end-users, as well as the rising presence of leading market players in the region, are burgeoning the market growth in the forecasting years.
Major market players included in this report are:
Wildgame Innovations (Good Sportsman Marketing, LLC)
Browning Trail Cameras
Vista Outdoor Operations LLC
SPYPOINT
Boly Media Communications Co. Ltd.
Covert Scouting Cameras, Inc.
Reconyx Inc.
Cuddeback
Easy Storage Technologies Co., Ltd.
MINOXGmbH
Recent Developments in the Market:
Global Trail Camera Market Report Scope:
Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Pixel Size, Application, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study.
The report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Pixel Size:
Below 8 MP
8 MP to 12 MP
Above 12 MP
By Application:
Wildlife Monitoring & Research
Security
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
List of tables and figures and dummy in nature, final lists may vary in the final deliverable