Market Forecast By Product Types (Conventional, Discreet, Dome, Bullet CCTV Cameras), By Technology (Analog CCTV Systems, Wireless CCTV Systems, IP-based CCTV Systems, Hybrid CCTV Systems), By Applications (BFSI, Healthcare, Transportation, Education, Business, Retail), By Surveillance Components (CCTV Camera, Video Surveillance Storage Mechanisms, Video Surveillance Software, Analytics) And Competitive Landscape
Product Code: ETC013605 | Publication Date: Oct 2020 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Thailand Cctv market currently, in 2023, has witnessed an HHI of 4553, Which has increased slightly as compared to the HHI of 4371 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
In the year 2021, China was the largest exporter in terms of value, followed by Japan. It has registered a growth of 9.52% over the previous year. While Japan registered a growth of 59.89% as compared to the previous year. In the year 2017, China was the largest exporter followed by Japan. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, Thailand has a Herfindahl index of 3860 in 2017 which signifies high concentration also in 2021 it registered a Herfindahl index of 5186 which signifies high concentration in the market.
Thailand CCTV Market report thoroughly covers the market by product types, by technology, by applications, and by surveillance components. The CCTV Market Outlook report provides an unbiased and detailed analysis of the ongoing Thailand CCTV Market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Thailand CCTV Market is expected to register tremendous growth during the forecast period. The growth is primarily attributed to the increasing demand for security and surveillance systems, increasing government initiatives, and investments in smart city projects. In recent years, emerging technologies such as cloud computing and AI-enabled cameras will further propel growth opportunities for vendors operating in this market. Typically, CCTV cameras are extensively used for surveillance purposes as they help in identifying crime. Furthermore, the government initiatives to promote the use of CCTV systems in public places are another key driver of Thailand CCTV Market growth.
According to 6Wresearch, the Thailand CCTV Market size is anticipated to grow at a higher growth rate during 2023-2029. The electronics and electrical industry of Thailand has been flourishing owing to the rising demand for consumer electronics and the growing automotive industry. These factors have positively influenced the Thailand CCTV Market Revenue. Moreover, the government's Investment in infrastructure projects is further fueling the growth of the CCTV market in Thailand. Moreover, the increasing terrorist activities and crime rates have resulted in a growing need for surveillance across commercial as well as residential sectors in Thailand. The increasing crime rates have led to an increased demand for CCTV cameras as a security measure. The government has also been promoting the use of CCTV cameras by providing subsidies and tax exemptions for businesses that install CCTV cameras. However, the economic slowdown has led to a decrease in demand for security products and services. In addition to this, the rising incidence of cybercrime is posing a major threat to the growth of the CCTV market in Thailand.
The COVID-19 pandemic has had a positive impact on the growth of Thailand CCTV industry. With the imposed lockdowns and travel restrictions, there has been a surge in demand for security systems. The rising demand for CCTV systems in Thailand is prevailing in both residential areas as well as commercial areas such as offices, schools, and shopping malls. Furthermore, the adoption of advanced technologies has been on the rise in the country, as it helps businesses to monitor and control crowds effectively.
The Thailand CCTV market encompasses several key players ranging from domestic manufacturers to international brands. Here are some of the prominent players in the market:
Based on product types, the demand for discreet and dome cameras is expected to increase owing to their ability to provide unobtrusive surveillance coverage.
According to Ravi Bhandari, Research Head, 6Wresearch, IP-based CCTV systems are expected to grow rapidly due to their advanced features and capabilities.
By applications, the BFSI and retail sectors are anticipated to be the fastest-growing segments on t eh back of increasing demand for theft prevention and security.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand CCTV Market Overview |
3.1 Thailand CCTV Market Revenues & Volume, 2019 - 2029F |
3.2 Thailand CCTV Market - Industry Life Cycle |
3.3 Thailand CCTV Market - Porter's Five Forces |
3.4 Thailand CCTV Market Revenues & Volume Share, By Product Types, 2022 & 2029F |
3.5 Thailand CCTV Market Revenues & Volume Share, By Technology, 2022 & 2029F |
3.6 Thailand CCTV Market Revenues & Volume Share, By Applications, 2022 & 2029F |
3.7 Thailand CCTV Market Revenues & Volume Share, By Surveillance Components, 2022 & 2029F |
4. Impact Analysis of COVID-19 on the Thailand CCTV Market |
5 Thailand CCTV Market Dynamics |
5.1 Impact Analysis |
5.2 Market Drivers |
5.3 Market Restraints |
6 Thailand CCTV Market Trends |
7 Thailand CCTV Market, By Types |
7.1 Overview and Analysis |
7.2 Thailand CCTV Market Revenues & Volume, By Product Types, 2019 - 2029F |
7.3 Thailand CCTV Market Revenues & Volume, By Conventional, 2019 - 2029F |
7.4 Thailand CCTV Market Revenues & Volume, By Discreet, 2019 - 2029F |
7.5 Thailand CCTV Market Revenues & Volume, By Dome, 2019 - 2029F |
7.6 Thailand CCTV Market Revenues & Volume, By Bullet CCTV Cameras, 2019 - 2029F |
8 Thailand CCTV Market, By Technology |
8.1 Overview and Analysis |
8.2 Thailand CCTV Market Revenues & Volume, By Analog CCTV Systems, 2019 - 2029F |
8.3 Thailand CCTV Market Revenues & Volume, By Wireless CCTV Systems, 2019 - 2029F |
8.4 Thailand CCTV Market Revenues & Volume, By IP-based CCTV Systems, 2019 - 2029F |
8.5 Thailand CCTV Market Revenues & Volume, By Hybrid CCTV Systems, 2019 - 2029F |
9 Thailand CCTV Market, By Applications |
9.1 Overview and Analysis |
9.2 Thailand CCTV Market Revenues & Volume, By BFSI, 2019 - 2029F |
9.3 Thailand CCTV Market Revenues & Volume, By Healthcare, 2019 - 2029F |
9.4 Thailand CCTV Market Revenues & Volume, By Transportation, 2019 - 2029F |
9.5 Thailand CCTV Market Revenues & Volume, By Education, 2019 - 2029F |
9.6 Thailand CCTV Market Revenues & Volume, By Business, 2019 - 2029F |
9.7 Thailand CCTV Market Revenues & Volume, By Retail, 2019 - 2029F |
10 Thailand CCTV Market, By Surveillance Components |
10.1 Overview and Analysis |
10.2 Thailand CCTV Market Revenues & Volume, By CCTV Camera, 2019 - 2029F |
10.3 Thailand CCTV Market Revenues & Volume, By Video Surveillance Storage Mechanisms, 2019 - 2029F |
10.4 Thailand CCTV Market Revenues & Volume, By Video Surveillance Software, 2019 - 2029F |
10.5 Thailand CCTV Market Revenues & Volume, By Analytics, 2019 - 2029F |
11 Thailand CCTV Market Import-Export Trade Statistics |
11.1 Thailand CCTV Market Export to Major Countries |
11.2 Thailand CCTV Market Imports from Major Countries |
12 Thailand CCTV Market Key Performance Indicators |
13 Thailand CCTV Market - Opportunity Assessment |
13.1 Thailand CCTV Market Opportunity Assessment, By Product Types, 2029F |
13.2 Thailand CCTV Market Opportunity Assessment, By Technology, 2029F |
13.3 Thailand CCTV Market Opportunity Assessment, By Applications, 2029F |
13.4 Thailand CCTV Market Opportunity Assessment, By Surveillance Components, 2029F |
14 Thailand CCTV Market - Competitive Landscape |
14.1 Thailand CCTV Market Revenue Share, By Companies, 2022 |
14.2 Thailand CCTV Market Competitive Benchmarking, By Operating and Technical Parameters |
15 Company Profiles |
16 Recommendations |
17 Disclaimer |