City surveillance projects - One driver of Indian CCTV market growth

Forecasts say city surveillance will be the fastest growing vertical market in the country over the next five years.

04/11/2012


In a recently published market report “The Indian Market for CCTV and Video Surveillance Equipment,” IMS Research, recently acquired by IHS Inc., forecasts that city surveillance will be the fastest growing vertical market in the country over the next five years. Such city surveillance projects have received much media attention due to their size with projects typically involving thousands of cameras. However, suppliers should not overlook opportunities in other vertical markets. High growth in demand is also forecast in airports, banking and finance, and utilities and energy to name just a few.  

Since the Mumbai terrorist attacks in 2008, city surveillance has become a high priority for India. Video surveillance equipment has been sold for a number of city surveillance projects in recent years, including Bangalore and Kolkata. Many more city surveillance projects are planned for the future. India has 28 states, most with a capital city and a number of other large cities, and video surveillance is being planned for many of them. Advanced plans for city surveillance are already in place for some, including Surat and Ahmedabad. A large project in Mumbai has been delayed many times, but is now expected to begin in late 2012.

According to Jon Cropley, principal analyst from IMS Research, “Planned city surveillance projects have received lots of press coverage due to their size. Five thousand cameras are planned for Mumbai alone. However, suppliers should not overlook the fact that many other vertical markets will grow quickly. For example, video surveillance revenues for Indian airports are forecast to almost quadruple between 2011 and 2016.” 

Unlike the more developed video surveillance equipment markets of Europe and North America, India was far less impacted by the recent economic downturn. With a growth rate averaging more than 20 percent over the next five years, India will continue to offer suppliers solid growth opportunities as more established and mature video surveillance markets continue feeling the impact of economic uncertainty.



No comments
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
Each year, a panel of Control Engineering editors and industry expert judges select the System Integrator of the Year Award winners.
Control Engineering Leaders Under 40 identifies and gives recognition to young engineers who...
Learn more about methods used to ensure that the integration between the safety system and the process control...
Adding industrial toughness and reliability to Ethernet eGuide
Technological advances like multiple-in-multiple-out (MIMO) transmitting and receiving
Virtualization advice: 4 ways splitting servers can help manufacturing; Efficient motion controls; Fill the brain drain; Learn from the HART Plant of the Year
Two sides to process safety: Combining human and technical factors in your program; Preparing HMI graphics for migrations; Mechatronics and safety; Engineers' Choice Awards
Detecting security breaches: Forensic invenstigations depend on knowing your networks inside and out; Wireless workers; Opening robotic control; Product exclusive: Robust encoders
The Ask Control Engineering blog covers all aspects of automation, including motors, drives, sensors, motion control, machine control, and embedded systems.
Join this ongoing discussion of machine guarding topics, including solutions assessments, regulatory compliance, gap analysis...
News and comments from Control Engineering process industries editor, Peter Welander.
IMS Research, recently acquired by IHS Inc., is a leading independent supplier of market research and consultancy to the global electronics industry.
This is a blog from the trenches – written by engineers who are implementing and upgrading control systems every day across every industry.
Anthony Baker is a fictitious aggregation of experts from Callisto Integration, providing manufacturing consulting and systems integration.
Integrator Guide

Integrator Guide

Search the online Automation Integrator Guide
 

Create New Listing

Visit the System Integrators page to view past winners of Control Engineering's System Integrator of the Year Award and learn how to enter the competition. You will also find more information on system integrators and Control System Integrators Association.

Case Study Database

Case Study Database

Get more exposure for your case study by uploading it to the Control Engineering case study database, where end-users can identify relevant solutions and explore what the experts are doing to effectively implement a variety of technology and productivity related projects.

These case studies provide examples of how knowledgeable solution providers have used technology, processes and people to create effective and successful implementations in real-world situations. Case studies can be completed by filling out a simple online form where you can outline the project title, abstract, and full story in 1500 words or less; upload photos, videos and a logo.

Click here to visit the Case Study Database and upload your case study.