Report ID: SQMIG25E2041
Report ID:
SQMIG25E2041 |
Region:
Global |
Published Date: April, 2024
Pages:
223
|
Tables:
60 |
Figures:
75
Global Trail Camera Market size was valued at USD 94.10 billion in 2022 and is poised to grow from USD 100.88 billion in 2023 to USD 175.93 billion by 2031, growing at a CAGR of 7.2% in the forecast period (2024-2031).
The global trail camera market is expected to experience significant growth due to the increasing spending on wildlife research and monitoring, as well as the expanding scope of application in outdoor security. Trail cameras with image/video resolution between 8 and 12 MP are in high demand, as they offer advanced camera processors that capture higher resolution images. Additionally, new models with improved technologies and design modifications were introduced in 2022, such as dual sim card transmission technology, which allows the camera to use the strongest signal in the geographical area. Manufacturers are adopting various strategies, such as product launches, to expand their geographical reach and gain a competitive advantage. They are also focusing on partnerships and advertising to target the right audience and increase brand visibility. For example, Moultrie launched its flagship cellular game camera- The Delta in January 2020, which features industry-first High Dynamic Range (HDR) imaging combined with best-in-class 32MP resolution. HDR imaging enables the Delta to capture enhanced detail in highlights and shadows, even in difficult lighting conditions.
US Trail Camera Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG25E2041