A panoramic camera is a fixed camera that provides an area of coverage between 180º and 360º resolution. The camera is ideal for indoor and outdoor surveillance applications. It can be used to detect activities in a large area, track the movement of people and improve area management. It can also have one or multiple image sensors. These cameras are ideally suited for various applications namely video surveillance in airport terminals and railway & metro stations, city surveillance installations such as monitoring public squares, security for critical infrastructure and industrial sites, video surveillance of university campuses & school halls, and shopping mall security both indoors & outdoor including car parking.
The key drivers contributing to the growth of the global Panoramic Camera Market include high demand for cost effective camera to serve growing advanced photography market, increasing digital photography market, and increasing demand for safety & security measures in public places as well as in the corporate. Panoramic camera also provides wide area coverage. However, the restraining factors towards the growth of the global panoramic camera market are its high cost than conventional IP cameras, availability of limited software support services and low image quality.
Global Panoramic Camera Market is expected to reach at USD 36 billion with 31% of CAGR during forecast period 2016-2022.
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May 09, 2018 – Karbonn Mobiles (India), a leading mobile device company launched its new smartphone–camera-centric budget model. The device features an 8MP+8MP dual front Twinfie camera setup and an 8MP rear camera with LED flash and several shooting modes, including Panoramic view and Time-lapse.
May 08, 2018 – Intel Sports (US) a technology giant and Altia Systems, Inc. (US) a leading global provider of Camera technology announced their partnership to broadcast live sports in 3D VR, during the launching event of Altia’s PanaCast Live, a portable video camera system that allows for 4K-resolution 180-degree 3D (live broadcasting) of sporting events with the help of Intel’s True VR platform.
May 10, 2018 – VIVOTEK Inc. (Taiwan), a leading global provider of security surveillance solutions, IP cameras, and video servers, NVR, among others launched its new more efficient multi-sensor camera – The MS9390-HV. It’s a 180-degree panoramic network camera. The new camera offers an 8MP sensor with H.265 Compression Technology and is capable of recording video at 30fps.
Global Panoramic Camera Market – Segments
MRFR has segmented the analysis into four key dynamics; for the convenience of the report and enhanced understanding,
- By Types: Comprising Industrial Camera and Commercial Camera.
- By Applications: Traffic Monitoring, and Grid Layout, Aerial Scenery among
- By Technologies: Single-Sensor Camera and Multi Sensor Camera among others.
- By Regions: North America, Europe, APAC & RoW (Rest of the World).
The key players of global panoramic camera market report include Samsung electronics Ltd. (Korea), Ricoh Company Ltd. (Japan), Nikon Corporation (Japan), Canon Inc. (Japan), Roundshot (Switzerland), Panono GmbH (Spain), Panasonic Corporation (Japan) , D-Link Corporation(Taiwan), Sony Corporation (Japan) , Immer Vision, Inc. (Canada) and others.
Market Research Analysis:
The global panoramic camera market is expected to grow significantly. The market is highly application basis. Among various applications, traffic monitoring is expected to drive the market globally due to rising government initiatives to increase safety on roads. With the growing advancement in digital technology and increasing adoption of virtual reality products for gaming and other applications, the demand for high resolution camera is increasing thereby increasing the growth of panoramic cameras market during forecast period 2016-2022.
Geographically, North America is expected to dominate the panoramic camera market due to high demand of high safety for wireless network infrastructure in the region. The Asian countries, especially Japan China and India over the forecast period is projected to be the fastest growing market due to rising law enforcement to reduce crime rate in the region.
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- Panoramic camera Manufacturers
- Panoramic camera Distributors
- Research firms
- Consultancy firms
- Software developers
- Vendors from various verticals such as Canon, Ricoh, Nikon, Samsung among others
- Semiconductor Manufacturers
- End-user sectors
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