FactMR has adopted multi-disciplinary approach to shed light on the evolution of the global trail camera market during the historical period of 2012 – 2016. The study presents a deep-dive assessment of the current growth dynamics, major avenues in the estimation year of 2027, and key prospects over the forecast period 2017-2027. Extensive rounds of primary and a comprehensive secondary research have been leveraged by the analysts at Fact.MR to arrive at various estimations and projections of the trail camera market progress, both at global and regional levels. The analysts have used numerous industry-wide prominent business intelligence tools to consolidate facts, figures, and market data into revenue estimations and projections in the trail camera market.
After reading the trail camera market report, readers get insight into:
- Major drivers and restraining factors, opportunities and challenges, and the competitive landscape
- New revenue streams for all players in emerging markets
- Focus and changing role of various regulatory agencies in bolstering new opportunities in various regions
- Demand and uptake patterns in key industries of the trail camera market
- New research and development projects in new technologies in key regional markets
- Changing revenue share and size of key product segments during the forecast period
The trail camera market report offers assessment of prevailing opportunities in various regions and evaluates their shares of revenue by the end of different years of the assessment period.
The evaluation of the competitive landscape in the trail camera market covers the profile of the following top players:
- Wildgame Innovations LLC
- Boly Inc.
- Browning Arms Company
- Vista Outdoor Inc.
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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.
The report foresees that the demand for trail camera with low glow flash is expected to increase in the forthcoming years. Increasing volume sales of low glow trail camera can be attributed to its efficient picture quality during night, making them a convenient option for enthusiasts to capture wild life activities at night time. Further, the demand for no glow trail camera is also projected to increase at a higher rate throughout the period of forecast, 2018-2028.
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Sales volume of trail camera is likely to remain concentrated across developed countries in the North America region, particularly the United States. Use of trail camera in commercial buildings for surveillance remains a key determinant of growth in the US, apart from wide life exploration. The report also estimates that the European countries are expected to showcase significant adoption of trail camera in the forthcoming years on the back of growing wide life monitoring and hunting activities. Overall the market for trail camera is expected to follow a positive growth graph, albeit at a modest pace.