North America Leading Global Video Surveillance Equipment Market

According to the latest research report of IHS, North America is still the main sales market for mobile video surveillance equipment.

The global market is spending nearly 500 million U.S. dollars on mobile video surveillance equipment—not including accessories—The Americas contributed about 70% of total revenue in 2012, totaling US$346.6 million. The largest share of revenue comes from the United States and Canada, which means that the combined total of these two countries is greater than the total of 83.3 million U.S. dollars in Europe, the Middle East, and Africa (EMEA), or 68.7 million U.S. dollars in Asia.

“This tilt to North America originally came from large sales in the vertical markets of police cars and school buses,” said David Green, senior video surveillance analyst at IHS and author of the “Mobile Video Surveillance World Market 2013” ​​report. “The data in the first three editions of the research report shows this kind of tilt, but the sales in these two vertical markets have already further pushed North America ahead of the global mobile video surveillance equipment sales queue.”

At the same time, market opportunities in Europe, the Middle East, Africa (EMEA) and Asia are growing rapidly, especially in the areas of buses, trains and trams. Many leading North American manufacturers say they are already investigating future sales prospects in the European market. By 2017, sales in the Americas will soar to 489 million U.S. dollars, compared with 116.2 million U.S. dollars in Europe, the Middle East, Africa, and 91.8 million U.S. dollars in Asia.

“The Americas will remain the largest mobile video surveillance equipment sales region for at least the foreseeable future, but don’t be surprised to see faster growth in Europe, the Middle East, Africa and Asia in the second half of the decade. "David Green concluded.