August 14, 2019 by Steve Blade
The report titled “trail camera market forecast, trend analysis and competition tracking – global market insights 2013-2028” is a thorough compilation of unbiased insights circling sales and demand for trail camera. The report includes sales projections and volume projections of trail camera across key regions in the globe. The trail camera market report covers analysis on various dynamics impacting the market’s growth. Key drivers, restraints, trends and opportunities influencing the sales of trail camera are included in the report. Additionally, the trail camera market report also provides historical data analysis, current trail camera scenario and future outlook of trail camera market for a period of 10 years, from 2018 till 2028.
The bullish run in the trail camera market continues in 2018, with an incremental growth of 18,000 units over 2017. A new Fact.MR study offers an in-depth analysis on the key factors at play in this market. According to the 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.
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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.
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.
Use of Trail Cameras as a Wildlife Management Tool to Rev Up Sales Potential
Trail cameras are witnessing growing adoption across various wildlife management projects. These projects involve the use of an array of trail cameras for efficient wildlife management plan and extensive monitoring of wildlife around the year. Moreover, wildlife researchers are also relying on trail cameras as a viable census tool to capture images for use in making evidence-based decisions.
For instance, Snapshot Wisconsin, a statewide management initiative started in 2016 by the Wisconsin Department of Natural Resources in US, invites volunteers to host trail cameras in Wisconsin for efficient monitoring of wildlife resources.
Additionally, a cohort of researches at the Mississippi State University developed an infrared trail camera survey technique, capable of providing accurate analysis of the local deer population. Efforts of such kind are likely to propel the demand for trail cameras in wildlife management, signifying a promising outlook for the trail camera market for the next 10 years.
The report on trail cameras market offers a detailed analysis and assessment on key stakeholders. Competitive landscape of trail cameras market sheds light on compelling insights on key developments, differential strategies and product portfolios of leading companies operating in the trail cameras market. Some of the key companies operating in the trail cameras market and have been featured in the research study include -
Wildgame Innovations, a leading player in the trail cameras market, launched a new range of trail cameras in 2017 with zero detection, silent shield, Tru-Dual Cam, and Airborne features. In 2017, the company also started offering online interactive access for seamless operation of the trail cameras.
Boly Inc., a prominent player in the trail cameras market, launched ‘Boly 4G MG984G Series’ with super-fast 4G data transmission speed and economic price ranges. Moreover, the company also engages in periodical surveys to gauge customer satisfaction regarding performance of the trail cameras.
Browing Arms Company, a leading player in the trail cameras market, is focusing to foray into untapped opportunities across Asia Pacific and Middle East & Africa, in a bid to expand its services and tap into new customer segments.
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