Security

The Chinese Video Surveillance Market – No. 1 Opportunity or No. 1 Threat?

In 2014 Chinese video surveillance manufactures sent out a strong message to the major western markets that they are moving up the value chain with better than "just OK" products at significantly lower prices than local offerings; And have extended and improved their distribution network to include System Integrators and provide local back-up services. 2 companies in particular Dahua and HIKVision have led the charge and last year established a firm presence and substantially increased their market share in many western countries. The media and research companies have all warned that the Chinese manufactures present a very serious threat to western products, which we would agree with in some segments of the market. However some very misleading figures are being published about their dominant size by basing their revenues on total system compared against product sales for western companies. They suggest that the only way to stem the flow is to follow the Chinese model […]

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