How A Glut of PRC China Surveillance Products Impacts The World
In the past five years, many PRC manufacturers have transitioned from hypergrowth to struggling to stay afloat.
The WSJ is now reporting China Is Making Too Much Stuff—and Other Countries Are Worried, quoting one economist warning that "any meaningful expansion of Chinese exports beyond current levels will crush production elsewhere."
However, how will this impact the video surveillance market?
Undoubtedly, growth has become quite difficult for PRC video surveillance manufacturers. See:
- Dahua Q3 2023 Financials Analyzed
- Hikvision Q3 2023 Financials Analyzed
- RaySharp Revenue, Profits Drop (Q3 2023 Analyzed)
- Uniview Revenue Drops Significantly (H1 2022)
In this note, we examine how PRC video surveillance manufacturers are responding and how concerned video surveillance companies should be about this trend.
*** ********* *********, ** ** *** see * **** **** ********** *** manufacturers ** * ******** **** *** four ***** *******:
- ****** *** ******* ****** ********** *** due ** *** ***-***** **** ** the ******, ** ******* ***** **** have **** ** * ******** ******.
- *********** ****** ********* **** ******* ******* to ***** *** *********, ***** ***** PRC ************* *** *** ** ******.
- ******** **** ****** ***-**** ***** ************ products *** *********** (****** ********'* ******* ********* ***** - Not **** ** *****).
- ********, ***** ** ******* * **** of ***** ************ ******* ********, ** it ** ****** ** **** **** cameras ** ***** *** ***** **** not ******** *** ************ *******, *** most **** ******* ******** ****. **** is *** ****** ** ***** ************, as, *** *******,********** **** ********* *** *********** ********** ************ ******.
*******, *** ********** *********, ** *** this ** ****** ** ****** ***** that ****** *** ********* **** ***** sensitive *** ******* *********** *** ***** not ** ********* ** ** ***** America / **. ********, ******* *** Korean ************* *** ***** ***** **** in ********* ********* ** **** *** less ********* ** ******* ** *** prices ** ********** ********* **** ******** is ****** ** ***** ******* / EU.
Cloud / *********
*** **** ********* ***** ********* *** manufacturers ** *** ***** ** ***** and *********. ***** *** *** ************* now ***** ***** *** *********, ** our *******, *** *********** ** ***** elements *** *** ************* ** ********* significantly ***** **** ***** ***-*** ***********. Moreover, ** **** *** *** ** performance *** ***** *** ********* ** be *** **** *********** **** *********** in ***** ******* ** *** ** non-PRC *************, *** ******** **** ****** factor ** ******** ******.
********, *** **** *** ************* *** struggling ** **** *******, ****** **** reverses, ** **** ** *** ****** for **** ** ******* ******** ********* to ******* ***** **** ******** ******** significantly.
*******
*** *** ******* ***** *******, *** unless *** ***** ** ****, ** see *** ***** ************ ************* ** have ******* ************* ** ****** ** developed *********, ********** ** *** ****** has ***** ** ****** ***** ** analytics *** ***** ************.