Trail Camera Market Inching Closer to Wireless Ubiquity, Global Demand to Grow at 3.5% Volume CAGR
In this article (5)
The bullish run in the Trail Camera market continues in 2018, with an incremental growth of 18,000 units over 2017According to Fact.MR’s new study, increasing wildlife exploration and rising demand for higher security and surveillance are instrumental in driving sales of trail cameras. The study opines that demand for trail cameras will grow at a CAGR of 3.5% in terms of volume throughout the period of forecast, 2018-2028.
Technological advancements have significantly transformed the trail camera space, particularly with respect to connectivity and functionality. Possibility of obtaining thumbnail picture with trail camera has been a remarkable step reflecting a technological novelty in the trail camera marketplace.
Growing proliferation of novel technologies such as Wi-Fi and Bluetooth in the trail camera marketplace are expected to influence the sales of trail camera, in turn presenting a positive outlook of the overall market. The demand for trail camera is being influenced with growing digitalization, as manufacturers continue to focus on researching and developing their products.
The demand for wireless trail camera is projected to expand at a substantial rate throughout the period of forecast, says the report. As compared to standard trail camera variants, the Wi-Fi variants are expected to account for a relatively higher market share of the overall trail camera market. User friendly features and enhanced convenience continue to drive the sales of wireless trail camera.
Cellular wireless trail camera products are estimated to largely contribute to the growth of the market. Sales volume of cellular trail camera are estimated to remain resurgent through 2028, dominating the Wi-Fi trail camera variants, according to the report. Fact.MR estimates that the volume sales of cellular trail camera are likely to maintain a 1.5x lead over Wi-Fi trail camera by end of 2028.
“The demand for wireless trail camera is projected to expand at a substantial rate throughout the period of forecast, says the report.”
The demand for trail camera with trigger speed up to 0.25 seconds is expected to gain high traction owing to the reduction in delay time while capturing pictures. Faster trigger speeds allow trail camera to capture moving units efficiently, making trail camera with 0.25 seconds trigger speed a valid candidate for forest exploration. However, the report estimates that the sales of trail camera with trigger speeds within the range of 0.25 – 0.75 seconds are expected to be on an upswing in terms of sales volume throughout the period of forecast.
The report foresees that the demand for trail camera with low glow flash is expected to increase in the forthcoming years. Increasing volume sales of low glow trail camera can be attributed to its efficient picture quality during night, making them a convenient option for enthusiasts to capture wild life activities at night time. Further, the demand for no glow trail camera is also projected to increase at a higher rate throughout the period of forecast, 2018-2028.
Trade shows, such as the ATA (Archery Trade Association) show, are expected to influence the trail camera market growth by providing a potential platform for manufacturers of trail camera to promote their offerings. Using trade shows as a significant growth platform, manufacturers can enhance their brand visibility. In addition, this aspect continues to influence the demand for technological robust trail camera, in turn contributing to the growth of the trail camera market.
Sales volume of trail camera is likely to remain concentrated across developed countries in the North America region, particularly the United States. Use of trail camera in commercial buildings for surveillance remains a key determinant of growth in the US, apart from wide life exploration. The report also estimates that the European countries are expected to showcase significant adoption of trail camera in the forthcoming years on the back of growing wide life monitoring and hunting activities. Overall the market for trail camera is expected to follow a positive growth graph, albeit at a modest pace.
Questions & Answers
Q.What are the main factors driving the increased sales of trail cameras?
What are the main factors driving the increased sales of trail cameras?
Growing wildlife exploration and a rising demand for improved security and surveillance are key drivers. Digitalisation and manufacturers' focus on product research and development also influence demand.
Q.Which specific wireless trail camera variants are expected to dominate the market by 2028?
Which specific wireless trail camera variants are expected to dominate the market by 2028?
Cellular wireless trail cameras are estimated to largely contribute to market growth. Their sales volume is projected to maintain a 1.5x lead over Wi-Fi variants by the end of 2028.
Q.What trigger speed is gaining traction in the trail camera market, and why?
What trigger speed is gaining traction in the trail camera market, and why?
Demand for trail cameras with trigger speeds up to 0.25 seconds is expected to gain high traction. This is due to the reduction in delay time when capturing pictures, allowing efficient capture of moving subjects.
Q.Where is the sales volume of trail cameras currently most concentrated, and which other regions show significant adoption potential?
Where is the sales volume of trail cameras currently most concentrated, and which other regions show significant adoption potential?
Sales volume is likely concentrated in developed North American countries, especially the United States. European countries are also expected to show significant adoption due to wildlife monitoring and hunting activities.
Reader pulse
What's the biggest driver for trail camera sales?
20,864 votes so far