Night Vision Surveillance Cameras Market size is anticipated to surpass USD 790 billion by the end of 2035, growing at a CAGR of 21% during the forecast period, i.e., 2023-2035. In the year 2022, the market size of night vision surveillance cameras USD 83 Billion.The market is estimated to grow on the back of the rising demand for night vision surveillance cameras from the military and defense industry for security & safety concerns & monitoring border areas. In addition, the military and defense sectors are adopting and spending more on night vision surveillance cameras to meet the increasing demand for night patrol and combat operations. According to World Bank data, global military expenditure in proportion to gross domestic product (GDP) stood at around 2.4% in 2020, up from 2.2% in 2019.
The global night vision surveillance cameras market is also estimated to witness growth on account of the rising trend of smart homes. According to estimates, the number of smart homes worldwide is expected to reach 345 million by 2023, up from 220 million in 2020. Moreover, this figure is expected to cross USD 460 million by the end of 2025. Additionally, the integration of near-infrared (NIR) imaging technology in night vision surveillance cameras is expected to drive market growth as it enables night vision systems to track and detect motion even in dim light or darkness. Hence, such a factor is anticipated to boost the growth of the market in the coming years.
Growth Drivers
Rising Government Support through Various Schemes and Investments – Modern technology enables night vision surveillance cameras to be incorporated inside drones. Moreover, the increasing use of drones for security purposes is anticipated to increase the market demand for night vision surveillance cameras. According to the data, in September 2021, the Indian government allocated a production-linked incentive (PLI) scheme worth ~USD 3 billion for the drone and auto industry.
Increased Research & Development Expenditure – As per data by the World Bank, global research and development expenditure in proportion to gross domestic product (GDP) was around 2.63% in 2020, up from 2.2% in 2018.
Rising Number of Stadiums Globally – According to data published in 2020, there were about 5,500 stadiums around the world and Brazil has the second highest number of stadiums, i.e., around 880.
Benefits of Night Vision Surveillance Cameras in Homes and Offices – According to recent statistics, if a surveillance camera is installed in a home, the chances of theft are reduced by 250%.
Rising Heavy Investment in Infrastructures – According to the data, in the next five years, the Indian government is planning to spend ~USD 1.3 trillion on infrastructure through the National Infrastructure Pipeline.
Challenges
High Cost of Night Vision Surveillance Cameras – The first and foremost obstacle or challenge that comes in the way of this market is the high cost of night vision surveillance cameras. The camera is not cost-friendly and not everyone can afford it. The utilization of unique materials and expensive third-generation technologies increases the price of night vision surveillance cameras.
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Base Year |
2022 |
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Forecast Year |
2023 - 2035 |
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CAGR |
~21% |
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Base Year Market Size (2022) |
~USD83 billion |
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Forecast Year Market Size (2035) |
~USD 790 billion |
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Regional Scope |
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Type {PTZ (Pan, Tilt, Zoom)
The night vision surveillance camera market is segmented and analyzed for demand and supply by type into PTZ (Pan, Tilt, and Zoom) and fixed. Out of these segments, the PTZ segment is anticipated to garner the largest market share of 67% over the forecast period. This can be attributed owing to the growing adoption of PTZ cameras across numerous sectors including airports, supermarkets, museums, construction sites, large outdoor areas, and guard stations. Since PTZ cameras can zoom in and are remotely directed, their utilization is seen in various industries for security purposes. According to statistics, in the United States, in 2019, there were about 5,000 airports for public use and about 14,500 for private use, and by 2020, the number of airports for public and private use grew to approximately 5,200 and 14,700. Hence, such a factor is estimated to fuel the growth of the market segment in the coming years.
End-user (Retail, Business Organization, Transportation, Public & Defense, Industrial, Stadiums)
The Global night vision surveillance camera market is segmented and analyzed for demand and supply by end-use application in retail, business organization, transportation, public sector & defense, industrial, stadiums, and others. Out of these, the public sector & defense sector is anticipated to have the highest market share in the forecast period. This can be attributed owing to avoiding the persistence of terror strikes. The public sector and defense segment is anticipated to hold the largest market share in the forecast year. In addition, the rising terror attacks concern road accidents, criminal activities, sleeper cells, natural disasters, unethical activities, and more factors that are there driving the growth of this segment. In the defense industry, various vehicles are needed on board such as tankers, trucks, and armored personnel carriers and it becomes tough for the drivers to see anything at night. In such cases, these vehicles have an enhanced vision system featuring short-wave infrared illumination and sensors with unlimited short-wave infrared night vision camera systems, so that drivers could locate everything comfortably in dangerous territories. Similarly, it is utilized in the public sector as well to locate any criminal activity or so.
Our in-depth analysis of the global market includes the following segments:
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By Product Type |
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By Type |
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By End Use Application |
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North American Market Forecast
The market in North America is projected to hold the largest market share by the end of 2035. This can be accredited to the increasing security breaches, retail availability of night vision surveillance cameras, and rising number of stadiums in the region. As per data, in the United States, there were around 900 stadiums. Such a factor is estimated to foster the market growth in the region. The federal government of the United States and Canada chose night vision technology to enhance security in public sectors. Also, the US government is focusing on incorporating the night surveillance camera on highways. As per data from the National Highway Traffic Safety Administration, almost one-fourth of driving is done at night in the United States out of which half is done at night. This raises the demand for night vision surveillance cameras in the region.
APAC Market Statistics
Further, the market in Asia Pacific is anticipated to grow during the forecast period. This can be attributed owing to the rising infrastructures, and increasing demand for location-based gadgets amongst government sectors and public transportation including airports, train stations, and others. According to statistics, Indian Railways infrastructure is estimated to have an investment of around ~USD 710 billion by the end of 2030. Moreover, rising military and defense spending in the region is also estimated to propel market growth in the APAC region. China is one of the world’s biggest markets for video surveillance or night vision surveillance cameras. As per the Reform Commission and National Development Data, almost all places in China are covered under video surveillance with facial recognition. This is done to reduce the chances of crime in the area and to make sure social stability in the region. Currently, the Chinese government authority is focusing on incorporating night vision surveillance cameras in all public sectors. Therefore, China is expected to drive the market in the forecast period.
BAE Systems plc’s U.S. Subsidiary BAE Systems Inc. announced the launch of the “Hawkeye” sensor, which has high-performance imaging capabilities and is optimal for surveillance applications and battery-powered military systems. The new 1.6-megapixel Hawkeye sensor also features market-leading night-vision capabilities and allows for imagery to be captured during cloudy conditions.
Teledyne Technologies Incorporated, announced the successful acquisition of FLIR Systems, Inc. FLIR now will be a part of Telendyne’s digital imaging segment and the newly formed company will be operating under the name of Telendye FLIR LLC.
Author Credits: Abhishek Verma, Hetal Singh
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