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Vehicle Video Surveillance has a bright future under the promotion of the market
Jan 08, 2019

Vehicle-borne video surveillance is mainly used in various kinds of commercial vehicles'mobile scene, including buses, taxis, liner buses, tourist chartered cars, special vehicles for transporting dangerous chemicals, school buses, police cars, trucks and so on, so as to realize the surveillance of public security, road traffic safety, driving behavior norms and so on.

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At the same time, with the increasing number of automobiles and the increasing complexity of the overall road conditions, traffic safety, road congestion and other issues have become pain points and difficulties in urban governance. Operational safety has been widely concerned by the public and highly valued by regulatory departments. In April 2016, the Ministry of Transportation issued the "Thirteenth Five-Year Plan" for the Development of Transportation Informatization, proposing to promote the upgrading and transformation of transportation video surveillance system, docking with public security video sharing platform, and realizing the application of video resources networking; at the same time, improving the industry's operation monitoring capacity, enhancing the online monitoring capacity of "two passengers and one dangerous" vehicles, focusing on the entry of networked control of operating vehicles. The network rate and online rate reached 99% and 95% respectively. With the increasing requirement of supervision departments and enterprises for operational safety, the market scale of vehicle video surveillance products is expected to further improve in the future.

In recent years, the market scale of vehicle video surveillance industry in China continues to grow at a high speed. According to relevant statistical data, the scale of China's vehicle video surveillance market increased from 2.3 billion yuan to 19.98 billion yuan in 2010-2017, with an average annual compound growth rate of 36.20%. Transportation has become one of the largest downstream industry application markets for video surveillance, with a proportion of 18.8% in 2017. At present, the R&D and production enterprises of vehicle video surveillance in China are mainly distributed in the Yangtze River Delta and the Pearl River Delta.


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