3D Surveillance Camera Market Size and Forecast (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Product Type (Dome Camera, Bullet Camera, PTZ Camera, and Others), Technology (Stereoscopic Imaging, Time

3D Surveillance Camera Market Size and Forecast (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: 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), and Geography

The 3D surveillance camera market is expected to grow from US$ 1.75 billion in 2022 and is expected to reach US$ 7.92 billion by 2030; it is estimated to record a CAGR of 20.7% from 2022 to 2030.

The US is one of the largest natural gas producers in the world. According to the US Energy Information Administration (EIA), the country produced ~34,517,798 million cubic feet (MMcf) of natural gas and consumed 30,664,951 MMcf of natural gas in 2021. The country also exported 3,560,818 MMcf of liquefied natural gas (LNG). Various new oil and gas construction projects are also in progress worldwide. In Q2 2022, the construction work of the Centre of Excellence for Carbon Capture & Removal project started in Burnaby, British Columbia, Canada. It involved the construction of a CCS plant, which helps in capturing and storing up to 2,000 metric tonston of CO2 per day. Similarly, the construction of the Vista Pacifico Liquified Natural Gas Plant project commenced in Q2 2022, with an investment of US$ 2,000 million. Under this project, an LNG export terminal will be constructed on 150 hectares in the Municipality of Ahome, Topolobampo, Sinaloa, Mexico. Thus, such oil and gas construction projects will propel the demand for safety instrumented systems.

Furthermore, According to the Statistics of the Swedish Mining Industry 2021 report, Swedish ore production reached 88.6 million metric tonston in 2021, a rise of 22% since 2015. Also, as per the Australian Bureau of Statistics, mining production in Australia increased by 5.7% in the first quarter of 2023. Thus, the growing mining production worldwide is expected to surge the demand for security and monitoring systems to ensure the safety of employees, equipment, or materials and also to keep track of the production process and people. This increasing need for security solutions like such as surveillance cameras is further expected to boost the growth of the 3D surveillance camera market in during the forecasted period.

Moreover, the mining industry of Mexico is one of the important industries, contributing 3% of the country’s GDP. It is one of the top global producers of 17 different minerals, out of which the production of gold, silver, copper, zinc, and iron pellets contributes to 85% of the country’s total mining-metallurgical production value. According to the Ministry of Economy of Mexico, in 2021, the preliminary investment in the industry was US$ 4.25 billion, and the total production value amounted to US$ 16.9 billion. As per the International Trade Administration (ITA), in 2021, the mining industry witnessed an increase of 23% in its mining production. The growing mining industry in the country is expected to raise the demand for 3D surveillance cameras, as they can help to provide real-time security at the mining site, in turn, fueling the 3D surveillance camera market growth in Mexico.

Hexagon AB, 3dEYE Inc, Honeywell, Robert Bosch GmbH, Panasonic Holdings Corporation, LG Electronics, CBC Group, Teledyne FLIR LLC, Hangzhou Hikvision Digital Technology Co Ltd, and GeoVision Inc are among the key 3D surveillance camera market players profiled in this market study. Several other essential 3D surveillance camera market players were analyzed for a holistic view of the market and its ecosystem.

The overall 3D surveillance camera market size has been derived using both primary and secondary sources. To begin the 3D surveillance camera market research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the 3D surveillance camera market. The process also serves the purpose of obtaining an overview and market forecast of the 3D surveillance camera market growth with respect to all market segments. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data and gain more analytical insights about the topic. Participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers—along with external consultants such as valuation experts, research analysts, and key opinion leaders—specializing in the 3D surveillance camera market.

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Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
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