Hikvision Growth Declines Q3 2018

By John Honovich, Published on Oct 22, 2018

Hikvision's growth continues to decline in 2018 going from:

  • Q1 - 33%
  • Q2 - 22%
  • Q3 - 14.6%

In this note, we examine Hikvision's newest Q3 2018 financials to better understand what is happening to Hikvision, who is dealing with declining China growth as well as overseas headwinds.

Hikvision **** **** ********

***** *** *******'* ****** has *********** ************* ** 2018, ********* ** ***** massive ******** ** *** video ************ ********. *** company's **** ******* *** 42 ******* ***, ******* equal ** $* ******* USD. **** ** *********'* growth ********* ** ******* in *** *** *******, they **** ****** **** with ~$* ******* *** revenue.

********* ********* ** *****, where ** **** $*+ billion ** ******* *****, compared ** *********** *** Western ***** ************ ************* that ** ** **** than * *** ******* million (**** ********* ****, Avigilon, ***.).

Declining *******

*** ********* ******* ***** is ***********, ******, *** Hikvision. *** ********* *** company *** ** **** it ** ****** ** large. *** ******* ***** surveillance ******, *** ** far *** ******* ** the *****, ** ** longer ******* **** **** and ********* ** ******* quite ******** ****** ***** home ******. ***, *** overseas ****** *** **** challenged ***** ** ************** ***** ******** ** other *********.

Previous ********** **** / ****

**** ** *** *** first *** ** ********** for *********, ** **** faced ************** ****** ** **** / ****, ********** ***** *** 2015 ***** ***** ****** crash *** *** *********. However, *** ******* ********** continued ** ****** ******* and ********* ********* ** expand ******* ******** ***** the **** **** *****.

**** **** ** **** challenging, ***** *********'* *** greater **** (**** ** 2015, *********'* ******* *** ~$3.6 *******, *** ** is ************* ******), *** US ***** *** ***** is ****** * ******* impact ** *** ******* economy *** ************ *** US *** ***** ** having * **** ****** impact ** *********'* ***** and *********.

No ******** ** ******** ***** *** **

*** *** ********* ******* is *** *********'* ******** vs ******** ********** *** growing. 

******* ****-**** ********* **** ********* ******* overseas ******** ****** **** the **** ****** ******** business **** ***** ***** margin **********:

*******,*** ** ********* ********* report**** *** ******* ** overseas ** ******** ***********. Both **** ******** ******** but ** ** *** clear ***** *** ** having * ******* ******.

No ******* ********

*** *****, ******, ** certain. ****** ***** ******* Western **********,****, *** ** ********* from ** ******* ******* shortage, ********* *** ****** of ******** ** ****. Indeed, ********* *** **** note ******** **** **** sent ***** ********* ** the ** ***** ** tariffs ****** ******.

Stock **** **%+

********* ********* *** *********, with *** ***** ***** having **** **** **** 40% ** *** **** 5 ******.

2019 *******

****** ** ******* *** grow *******, ********* *** great *******. **** *** government ********* *** *** Party's ******* ** ******* AI ************, **** **** a ****** ********** *** growth.

*******, *** **** *** how **** *** ******* government *** ******** ******* Hikvision ******* ** ** seen. *** ******* ********** is ******* ********* ***** the ****** ** *** US '***** ***' *** more ********** ****** **** *** US ** ********** ** 'contain' *****. *** ***** ***** with **** **** ********** have * *********** ****** on *** ********* ** Hikvision.

Comments (4)

Undisclosed Manufacturer #1

10/23/18 07:33am

********* ** ***** *** not ** ****** ** make **** ******, **** are **** ** **** market ***** *** ******* all *** *********** **** Asia (*****, ****** ***.). It ** **** *** them ** **** ******* CCTV ****** **** ** Axis, ********, ********** ******* of *** ******* ** the ** *** **. Offering ********, **** **** argument ***** ** **** price, ** *** **********.

***** *** ********* *** destroying **** ***** **** their ******* *** ****** numbers. ***** **** *** care *** **** ****, Axis ** ******** ** selling ** ******** ******* they **** **** *** Hik ** ******* ... and **** ***** ..... this ** **** *** the ****** *** **** of **** **** ** down

Jordi Ibero

Imago IP Solutions
In reply to Undisclosed Manufacturer #1 | 10/23/18 12:23pm

****** ***** **** ***. Hikua **** *** *** other ********* ** *******, and *'* ** ***** to ***** ***** €... It's ** ********* ** be *********** ******* * 10 ***** ******* ******. Most ********* ***'* **** about *** *******. ** Europe (* ***** *** entire ********), ******* *** just ***********... *** **** way ** ***** **** the ******** *** ******** analytics. ***** *** ******** developing ********...

Undisclosed Manufacturer #2

In reply to Jordi Ibero | 10/25/18 07:35am

*** **** ** * tool ** ***** ********* and *****... ****.*** **** had **** **** ******** on *** *****. 

Jordi Ibero

Imago IP Solutions
10/26/18 09:56am

****?? *** *** *******?

* ***'* ********** **** answer... *'* ******* ***** price *** *****... * don't ********** *** *** GDPR ** ******** ****.

Read this IPVM report for free.

This article is part of IPVM's 6,584 reports, 886 tests and is only available to members. To get a one-time preview of our work, enter your work email to access the full article.

Already a member? Login here | Join now

Related Reports

Uniview H1 2020 Financials Examined on Sep 08, 2020
While Dahua and Hikvision, helped by fever camera sales, are recovering from...
Infinova, March Networks and Swann H1 2020 Financials Examined on Sep 02, 2020
While Dahua and Hikvision, helped by fever camera sales, are recovering from...
ADT Slides Back, Disappointing Results, Poor Commercial Performance on Aug 06, 2020
While ADT had an incredible start to the week, driven by the Google...
Hikvision Returns To Growth Driven By Overseas Fever Cameras on Jul 29, 2020
While Hikvision's revenue fell in Q1 2020, it rebounded in Q2 attributed to...
Dahua Profits Surge Due To Fever Camera Sales on Aug 25, 2020
While Dahua's overall revenue is down, driven by challenges within China, the...
Costar Technologies / Arecont H1 2020 Financials Examined on Sep 16, 2020
Costar's financial results have been hit by the coronavirus with the company...
Facial Recognition: Weak Sales, Anti Regulation, No Favorite, Says Security Integrators on Jul 07, 2020
While facial recognition has gained greater prominence, a new IPVM study of...
ADI Sales Down 21% in April on May 14, 2020
ADI sales were down 21% in April, the company disclosed, as the pandemic hits...
Dahua Revenue Plunges, 3 Execs Resign Q1 2020 on Apr 29, 2020
Dahua's sales dropped by 19.47% in the first quarter of 2020 amid the...
Worst Manufacturer Technical Support 2020 on Oct 15, 2020
4 manufacturers stood out as providing the worst technical support to ~200...
Fever Camera Sales From Integrators Surveyed on Jun 01, 2020
Fever cameras are the hottest trend in video surveillance currently but how...
ADI Returns To Growth, Back To 'Pre-COVID Levels' on Aug 05, 2020
While ADI was hit hard in April, with revenue declining 21%, the company's...
Camera Resolution Usage Statistics 2020 on Mar 12, 2020
The average resolution used, for new cameras, is now 4MP, according to new...
Anyvision Raises $43 Million, Focusing on Access Control And Remote Authentication on Sep 04, 2020
While Anyvision has had a tumultuous 2020 with significant layoffs, the...
Worst Over But Integrators Still Dealing With Coronavirus Problems (June Statistics) on Jun 30, 2020
While numbers of integrators very impacted by Coronavirus continue to drop,...

Recent Reports

Panasonic Presents i-PRO Cameras and Video Analytics on Oct 19, 2020
Panasonic presented its i-PRO X-Series cameras and AI video analytics at the...
Augmented Reality (AR) Cameras From Hikvision and Dahua Examined on Oct 19, 2020
Hikvision, Dahua, and other China companies are marketing augmented reality...
18 TB Video Surveillance Drives (WD and Seagate) on Oct 19, 2020
Both Seagate and Western Digital recently announced 18TB hard drives...
Watrix Gait Recognition Profile on Oct 16, 2020
Watrix is the world's only gait recognition surveillance provider IPVM has...
Intel Presents Edge-to-Cloud Ecosystem for Video Analytics on Oct 16, 2020
Intel presented its processors and software toolkit for computer vision at...
Best Manufacturer Technical Support 2020 on Oct 16, 2020
5 manufacturers stood out as providing the best technical support to ~200...
Microsoft Azure Presents Live Video Analytics on Oct 15, 2020
Microsoft Azure presented its Live Video Analytics offering at the September...
Worst Manufacturer Technical Support 2020 on Oct 15, 2020
4 manufacturers stood out as providing the worst technical support to ~200...
Clorox Announces, Then Pulls, Fever Camera on Oct 15, 2020
For almost one week, Clorox was marketing fever cameras. The booming...
Faulty Hikvision Fever Cam Setup at Mexico City Basilica and Cathedral on Oct 14, 2020
Donated Hikvision fever cameras (claiming screening of 1,800 people/min. with...
Directory of 209 "Fever" Camera Suppliers on Oct 14, 2020
This directory provides a list of "Fever" scanning thermal camera providers...
Avigilon UMD / UAD Tested on Oct 14, 2020
Avigilon's Unusual Activity Detection and Unusual Motion Detection claim to...
Longse Promoting Hikvision Partner Fullhan Chip Based Cameras on Oct 14, 2020
With Huawei HiSilicon production being shut down at TSMC, camera...
Meridian & Goodview (BEMS Relabeller) Temperature Screening Tested on Oct 13, 2020
A lot of temperature tablets look exactly alike and that is because they use...
Monitoring Alarm Systems From Home - Innovation or Danger? on Oct 13, 2020
Remote monitoring by alarm companies since COVID-19 is bringing cost savings...