The global game camera market was valued at US$ 89.41 million in 2019 and is projected to reach US$ 130.34 million by 2027; it is expected to grow at a CAGR of 5.0% from 2020 to 2027. In North America, the US, Canada, and Mexico are the major economies involved in investing in advanced technology in several industries, leading to a highly competitive market in the region. The immense popularity of hunting and wildlife photography in North America is one of the significant factors driving the market. The US Fish and Wildlife Service report was presented by the US Department of the Interior, which confirms that ~101.6 million Americans, that is 40% of the US population, took part in wildlife-related activities in 2016, including fishing, hunting, and wildlife watching. As a partnership effort with national and states conservation administrations, the report is a crucial source of data on wildlife recreation in the US.
Private organizations, Federal, and state use this information to manage wildlife. Wildlife researchers and environmentalists highly depend on game cameras and live animal traps to perform population studies and monitoring. Researchers in the region are deploying game cameras to monitor the animals and learn how animal species interact. Thus, the rising use of game cameras in wildlife research is propelling the growth of the market in the region. Initially, hunters and wildlife researchers were the major users of game cameras; however, wildlife enthusiasts have also started to use the camera to observe wildlife.
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In 2019, Europe stood second in the game camera market with a decent market share, and it is anticipated to witness a decent CAGR from 2020 to 2027. Germany, France, the UK, Russia, and Italy are among the major countries in Europe. The region has a huge and energetic hunting community. People in Europe have been hunting for several decades. In several countries of Europe, the wildlife is owned privately, and hunting is reserved for upper-class people. The average hunter in the region spends ~US$ 30,380 to 36,456 per year to hunt. The region boasts around seven to nine million registered hunters, which is quite low than the US, with ~45 million registered hunters. In Germany, hunters require liability insurance, a national hunting license, and a regional hunting permit. The national license for hunting is granted after clearing a test, which includes knowledge of hunting management, species, game damage prevention, farming and forestry, inspection and treatment of game following hygiene measures, and assessing game meat to determine if it can be used for human consumption. The region has designed a framework to ensure that hunting activity does not jeopardize the conservation efforts undertaken for certain species.
The Commission launched a “Sustainable Hunting Initiative” to enhance the legal and technical aspects of hunting and designed a program to promote sustainable hunting. The significant partners of the Sustainable Hunting Initiative, such as BirdLife International and the Federation of Associations for Hunting and Conservation of the EU, allowed hunting to continue within a well-regulated framework. Growing emphasis on hunting in the region is highly demanding game cameras, which fits effortlessly for surveillance and use in wildlife activities. Its compact size, better image quality, and long battery life attract hunters to opt for the game camera. With an infrared flash, a game camera can also take pictures at night. Thus, the above factors are expected to drive the market in Europe.
The proposed Game Camera Market report will encompass all the qualitative & quantitative aspects including the market size, market estimates, growth rates & forecasts & hence will give you a holistic view of the market. The study also includes a detailed analysis of market drivers, restraints, technological advancements & competitive landscape along with various micro & macro factors influencing the market dynamics.
The Game Camera Market sample report includes an exclusive analysis of the COVID-19 pandemic on the market space under scrutiny. The sample represents the format of the overall study which is designed to provide clarity on the structure of the report and some data points demonstrated in an attempt to provide insights into the study quality.
Furthermore, the Game Camera Market full research study is designed on account of the fact that each segment is individually assessed and then collated to form the whole market, the study can be tailor-made to fit your exact requirements.
The Structure of The Game Camera Market Report Can Be Categorized into the Following Sections:
Section 1: Scope of the Report & Research Methodology
Section 2: Key Takeaways
Section 3: Market variables & their impact on growth and analytical tools providing High-Level Insights into the Market Dynamics and Growth Pattern
Section 4: Market Estimates and Forecasts (with the base year as 2019, historic information of 2016 & 2018 and forecast from 2020 to 2027). Regional and Country Level Estimates and Forecasts for each category are summed up to form the Global Market.
Section 5: Competitive Landscape. Attributes such as Strategy Framework, Competitor Categorization are included to provide elaborate details on the Market Structure & Strategic Undertakings as well as their impact.
The Prominent/Emerging Players In The Game Camera Market Research Include:
- Boly Media Communications Co. Ltd.
- Browning Trail Cameras
- Cuddeback
- Minox GmbH
- Stealth Cam (GSM Outdoor)
- Reconyx, LLP
- Denver Electronics A/S
- Spypoint
- Vista Outdoor Operations LLC
- Wildgame Innovations
The Game Camera Market Company Profiles are individually represented for all major participants and indices such as Financial Performance, Strategic Initiatives, Product Portfolio & Company Overview.
Rising Popularity of Hunting in North America Fuels Market Growth
In North America, hunting is the most popular practice. The region comprises a few of the finest game animals—the animals that can be hunted for their meat or sport. In the region, hunting opportunities are huge and they vary from whitetail hunting in Eastern hardwood forests to elk hunting in high alpine meadows to mule deer in the Sonoran Desert to muskox Canadian Arctic. The growing popularity of wildlife management in North America can be attributed to the “North American Model of Wildlife Conservation,” which depends on money produced by hunters. Several hunters have added the game camera to their equipment due to rising innovations. As most hunters are busy scouting, the game camera helps determine the game activity. This factor is surging the demand for game cameras worldwide. Game cameras are built for hunters, primarily in North America, which are engaged in deer and other games that roam their hunting grounds. Hunters place cameras near feeders and bait stations since it attracts and surges the time an animal stays in front of the camera. In the US, deer hunting is a huge business, and hunters always look for effective ways to manage deer herds. The major benefit of using game cameras is the opportunity to inspect photos of deer or any other animal from various angles.
Rising product development strategies by various companies to design game cameras for hunting are propelling the market growth worldwide. For instance, in January 2020, Boly media communications launched three types of new 4G game cameras—BG668 (North America version), BG584, and BG310-M—at the CES2020 event. Moreover, cloud service is applied to the 4G game cameras. Thus, the advanced game cameras designed for hunting are fueling the market growth.
Company Overview:
Company overview provides information about the location of the company where it is headquartered along with the established year, employee strength as of 2017, regions where the company is operating and the key business areas.
Financial Performance:
Overall company/segment revenue for the year 2019, 2018, and 2017 is provided in the subtitle “Financial Performance” (public listed companies) along with the analysis and explanation of the increase or decrease in the same due to factors such as mergers & acquisition, profit or loss in any strategic business unit (SBUs) and others.
Product Benchmarking:
Product benchmarking comprises the comprehensive list of products pertaining to the respective market along with the application and key features.
Strategic Initiatives:
Insights pertaining to the new product launch, strategic collaboration, mergers and acquisition, regulatory approval, and other developments by the company in the market are covered under the strategic initiatives section.
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The Game Camera Market research study is designed to keep in focus all the major countries. Although all these countries & their market trends were accounted for while composing it, detailed sections are available for only the spearheads. In case if you would be interested in specific countries that are not covered in the current scope, kindly share the list & we can customize the study based on the geographical scope defined by you.
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