China Directs Old Neighborhood Renovations Spurring Multi-Billion Video Surveillance Sales

By Isabella Cheng, Published on Aug 20, 2020

Hikvision and Dahua are ramping up offerings in response to a PRC State Council directive aimed at renovating old neighborhoods. Renovations are projected to lead to $5-10 Billion USD in sales over the next 5 years.

IPVM Image

In this report, we examine:

  • An overview of the directives
  • Scale of the renovations
  • Finances of the renovations
  • Hikvision and Dahua's plans to be involved
  • Hikvision and Dahua's opportunities and risks

Executive *******

*** *** ***** ******* released * ********* ** July **, **** ****** "************* ********** *** ******** for ********* *** *************", ***** ******** ***** to ******** *** ***** neighborhoods ***** ****** **** by *** *** ** 2025. *********** **** ****** over *** ******* ******. Security ********, ********* ********** surveillance ******* *** ****** control *** ********* *** parking *******, *** ***** neighborhoods *** ********** * top ********. ********* *** Dahua ***** ** *********** gain $*-** ******* *** from ***** ******** ** both ********* **** ******* enthusiastically ******** ***** ** promote ***** ***** ******** in ********** *****.

China ************* **********

**** ***** ******* **** in ********* *********, ******** referred ** ** "******" or *************. ***** ************* are * **** ** a ****** ****/**** ************** network **** ****** ****** services **** ** ****** centers, ************ **********, *** police ********. ************* **** gated ********* ***** ******** officers ***** *****. ******** guards *** *** **** there *** ******, *** many ** **** **** control *** ****** ** cars ****** ** *** out ** *** ************ because **** ****** *** parking ** ** ******. Almost *** ************* **** property ******** *** **** care ** ******** ****** and *** **** ******* day-to-day ******.

IPVM Image

PRC ***** *******'* ********* *********** ********** ***-**** *** *************

** **** **, ****, the ***** *******, *****'* chief ************** *********, ****** a ******** ****** "************* ********** *** ******** for ********* *** *************". **** ******** ********** announced *** **********'* ************** of ********** *** ***-**** neighborhoods ** ***** ** 2025. *** ******** ******** three ***** ** ***********, from **** ** ***** priority. *** ***** **** is "************" ************, ***** include *********** *** ******** that ***** ***** ****** issues *** ****** *********' basic *****, **** ** rotting ***** *** *******, stairs, ********, ***********, ******* disposal, ***.

IPVM Image

*** ****** *********** ***** are *** "**********" ************ and, ******, "********". "**********" will ***** ** ****** buildings ****** ********* *** improve *** ******* ****** environment, **** ****** *********, landscaping, *** ******* *********. "Upgrades" *** ** ******* residents' ******** ** ****** by ****** *** ************ "intelligent" *** ******** ** more ********* ******** **** health *******, **********, *** retirement *****. ***********, *** state ******* ***** ******** as * ************ *******. Installing *** ********* ******** in ***** ************* ** a *** ********.

IPVM Image

***** ********** *** ************* is *** *** *** has **** ********* *** at ***** ** ***** now,* ***** ************** ***** **** *** directive **** * *** more ************** ** ******** efforts. **** ***********, *** new ***** ****** **** falls ***** "**********" ** previous ***** **** *********** to *****, ************ ***********. The ******* ******* **** be **** ******-** ****** than ***-****, ** **** time, ********* *** ********** (and ********) ** **** the **** ** ****** what ***** ** ** done. *******, ******* ********* will ** ******** ** take ******, **** **** also ** ******** ** contribute *****, ********** *** lower ********, ***-************ ***********. Previously, *** ****** **** all **** *** ******** of *******, *** *** State ******* **** **** type ** ********* ** not ***********.

Renovations *****

***** ******* ********** *********** will ****** **** *** million ******. ********* ** the ***** *******'* ************, there *** ~***,*** ***-***** neighborhoods **********. **** ****** ~39 ******* ******** **********. Assuming **** ********* *** an ******* ** * people, **** ***** ****** more **** *** ******* people ** ~*/** ** the ****** **********. *********** work *** ******* ***** have ******* **** ******* starting ** ****. ******** COVID-19 ******* *********** ** late **** *** **** 2020, *** ***** ******* said **** *** ****** back ** *** **** they *** ********* ** their ******** ** ******** all ***-**** ************* **** the **** * *****.

Renovations ********

***** ******** ** ************ equipment *** *** ***,*** neighborhoods **** ***** $*-** Billion *** **** * years, ******* *** ***** Security *** ********** ******** Associaton (*****), * ***** association ******* ** *** Ministry ** ****** ******** of *****. **** ********* this ****** ** ** on *** ****** ***, between $*-** ******* ***. The ****** ****** ************ market ** $** ******* USD, ** ***** **** these *********** ***** ***** increase *** ****** ** 10%. ** ****, ********* and *****'* ****** ******** were~$*.* **********~$*.* ******* ***, ************. ******** ***** renovations ***** **** ******* grow **** *********' ****** revenues.

IPVM Image

***** ******** ** *** renovations ** ********* ** least $** ******* ***. However, **** ******** ************** and ******* ************ ***, so ******** **** **** be * **** ** the ********. *** ***** Council ******** **** *** budget *** **,*** ************* was ** ******* *** (~$3.5 ******* ***) ** 2019. ** ****, *** number ** ************* ********* for ********** ******* ** 39,000 ************* ** *** budget **** ******* ******* to **.* ******* *** (~$7.7 ******* ***). ** this **********, ** ******** the ********* ~***,*** *************, the ***** ******* ***** reasonably ****** ******* ~$** billion *** **** *** next * *****.

********** *** **** *********** have **** ***** ***** ***** $** ******* USD ** ********* ***** *********** **** and ***** ************ ****. China *********** **** ******** 261 ******* *** ($** Billion ***) *** * provinces' ********** ******* ***** China ************ **** **** 175 ******* *** ($** Billion ***) ** * cities.

***** *** ***** ******* has **** ***** **** residents **** **** ** reasonably **********, *** ******* government **** **** ******* especially ** ***** ******** and *** ***-****** *******. Given *** ******* **********'* commitment ** ****** *** basic ********, ***** ******** security ************ *** ************, the ************ ******** *** be **** ******* **** their ***** **** ** more ***********.

IPVM Image

Hikvision *** Dahua ******** ***** ** ****** **********

********** *********** **** **** prioritize ******** ** ************ equipment ** ** ********** project *** ************ ********* to ** ******** **. Indeed,********************* ******* **************** ******** plans ********** *** ***** companies *** ** ******* in ***********. ******* ******* is ******* *** *** products ******** ******** ** renovating *** *************. ******, both *** ********* ** their ******* ********* ******* lines.

**** ***** ******* ******* access ******* *** ********* which ***** ** *** to "******* ************* ****". For *******, **** ********* and ***** ******** ********** access ******* ******* ** all ********* ***** ********* can **** ** ***** and ***** ******* ****** recognition, ******* ** ******** access *****. *********** ********* would **** ** * default ********* *** *****-** norms.

IPVM Image

***** ** * **** array ** ********* **** would ***** **** ********* and ******** ********** ** something ******** **** ** be ********. ******* ***** offer ********* **** *** detect ***********, ******* *******, cars **** ***** **** lanes, *** **** ***** management ** ******** ****** are **** **** ***** posts *** *** ****. Analytics **** **** ** used ** ******* ********** such ** ******** **** trash. ***** ****, ***** has **** ******* ************* ***** ********* ******* *************** ******** practices. ********* *** *****'* analytics **** ***** ** issue ****** ** ********* are ****** ******** ***** into *** ***** ***.

IPVM Image

*********'* **** ***** * graphic ** *** **** products ***** **** ********* can ** ********* ** make ** ****** ************ both **** *** "***********". This ******** *******, ********** equipment, ******** *****, *********, smoke *********, *** ***** platforms *** *************.

IPVM Image

*********'* **** ******* ********** using ***** ******** ** "upgrade" *********' ***-**-*** ************. For *******, ********* ****** an *** *** ********* to **** *** ********, remotely ****** *****, *** sign ** ****** *** from ***** ******. ********* already ****** * ********* management ******** **************** **********. ********** ********** ** different **** **** ***** management ********* ******* ******** ** *** ************ tailored *** ********* *** another *** ******** ********** while ****** *** *** app *** **** *******,********* ** *********. ****** specific **** *** **** parties **** ********** **** property ********** ** **** efficient ** ******** ******** and ****** *** *********** of ********* *********.

*****'* **** ************ ****** using ***** ********, ******** *** **** did *** ********* ******* or ******* **** ******** products ***** ***** ****** to *** ** *** renovations.

**** *** ***** ** discussion **** ***** ************ systems **** ** **** into *****'*"***** ****" ******, *** **** ********** could ** ******** ** the ******.

Opportunities *** *****

*** ********* ************* *** Hikvision *** ***** *** significant. *** ****** *** renovations ******* ************ ********* and ******** ** ** the ******** ** *******. This **** *** *** even **** **** ******* long-term *********** **** *** the ******** *********** ** equipment.

*******, ********* *** ***** face *****, ***. **** of ***** *** ************* have ****-********** ******* ***************. If ********* *** *****'* plans ******* ****** ********** devices **** **** ** be ************** *** ******* significant *********, *** ************* may *** ** **** to ******* *** ******** needed *** ***** **** complex ******* ** ***** do ***** ****. *************** infrastructure, *** ** *********'* and *****'* *******, *** inhibit **** ******* **** fully ******* *** ********* benefits ** ***** ********. Further, *** ******* ********** has ********* ** ************ security, *** ****** *** intelligent ******** **** ****** recognition *** ****** ******* and ******** ******* ***** are ***** ******** ***** or "********". ******* ** not ********* *** ***** can ***** **** ***** entire **** ***** ******* on, ****, *** **** the **********'* *** **** the *********' *********** ** pay.

Comments (3)

***** **********, **** **** to *** ********.

* **** ** * 40 **** *** ******** myself, *** *** ********* are *** *** ****** to ********** ******** ** making ** **** *****.

********* *******, ********! ***** and ********* **** **** far **** **** ** hand ** **** ********* and ************ ** ***** plans ** **** ** fruition *** *** ************* earnings *** ********!

*** ****** **** * page *** ** **** book. ****** *** ******** data **** ******** ***** the ***** ** * neighborhood **********.

Read this IPVM report for free.

This article is part of IPVM's 6,602 reports, 890 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

China Dali Fever Cameras and Booming Sales Examined on Sep 11, 2020
Zhejiang Dali, one of China's original thermal technology developers, has...
Sunell is The First China Manufacturer to Market NDAA Compliance on Jul 30, 2020
Most China manufacturers are going to be impacted by the NDAA 'Blacklist...
Avigilon Announces 10K / 61MP H5 Pro Camera on Oct 05, 2020
Avigilon announced its 10K / 61MP H5 Pro camera at the 2020 IPVM Fall New...
Nanchang, China "Sharp Eyes" Video Surveillance Project on Oct 05, 2020
China's Sharp Eyes project mandated 100% surveillance coverage of public...
Startup Viisights Presents Behavioral Recognition for Public Safety on Aug 31, 2020
Viisights presented its behavioral recognition video analytics at the 2020...
Ava / Vaion Releases Cloud Connected IP Cameras, Verkada Competitor on Oct 01, 2020
Ava (formerly Vaion) announced its new direct-to-cloud AVA Aware IP cameras...
Startup Vaion Presents End-to-End Cloud Managed Video Surveillance on Aug 20, 2020
Vaion presented its end-to-end cloud managed video surveillance offering at...
Dedicated Vs Converged IP Video Networks Statistics 2020 on Sep 10, 2020
Running one's video system on a converged network with other devices can save...
Verkada Access Control Tested on Sep 09, 2020
Verkada raised $80 million earlier in 2020, expanding from video into access...
Avigilon Elevated Temperature Detection Camera Tested on Sep 17, 2020
Avigilon has entered the temperature screening market with the release of...
Remote Network Access for Video Surveillance Guide on Jul 27, 2020
Remotely accessing surveillance systems is key in 2020, with more and more...
Bosch Announces "Human Skin Temperature Detection" Camera on Oct 07, 2020
Bosch announced its "Human Skin Temperature Detection" system at the 2020...
Longse Promoting Hikvision Partner Fullhan Chip Based Cameras on Oct 14, 2020
With Huawei HiSilicon production being shut down at TSMC, camera...
Video Surveillance 101 Book Released on Jul 07, 2020
IPVM's unique introduction to video surveillance series is now available as a...
Network Cable Usage Statistics 2020 (Cat 5e vs Cat 6 vs Cat 6a) on Sep 02, 2020
Integrators are split between using Cat 5e, 6, and 6a but 2 of them have...

Recent Reports

Recruiters Online Show LIVE Today! on Oct 29, 2020
IPVM's 7th online show resumes today with 12 recruiters presenting themselves...
Hikvision AcuSense G2 Camera Test on Oct 29, 2020
Hikvision has released their next generation of AcuSense analytic cameras...
Biggest Problems Selling Access Control 2020 on Oct 29, 2020
Access control can cause integrators big headaches. What practical issues do...
Taiwan Geovision AI Analytics and NDAA Examined on Oct 29, 2020
Taiwan manufacturer Geovision's revenue has been falling for years. However,...
Bedside Cough and Sneeze Detector (Sound Intelligence and CLB) on Oct 28, 2020
Coronavirus has increased interest in detecting symptoms such as fever and...
Fever Tablet Thermal Sensors Examined (Melexis) on Oct 28, 2020
Fever tablet suppliers heavily rely on the accuracy and specs of...
Verkada Fires 3 on Oct 28, 2020
Verkada has fired three employees over an incident where female colleagues...
Eagle Eye Networks Raises $40 Million on Oct 27, 2020
Eagle Eye has raised $40 million aiming to "reinvent video...
Hikvision Q3 2020 Global Revenue Rises, US Revenue Falls on Oct 27, 2020
While Hikvision's global revenue rises driven by domestic recovery, its US...
VICE Investigates Verkada's Harassing "RawVerkadawgz" on Oct 26, 2020
This month, IPVM investigated Verkada's sexism, discrimination, and cultural...
Six Flags' FDA Violating Outdoor Dahua Fever Cameras on Oct 26, 2020
As Six Flags scrambled to reopen parks amid plummeting revenues caused by the...
ISC Brasil Digital Experience 2020 Report on Oct 23, 2020
ISC Brasil 2020 rebranded itself to ISC Digital Experience and, like its...
Top Video Surveillance Service Call Problems 2020 on Oct 23, 2020
3 primary and 4 secondary issues stood out as causing the most problems when...
GDPR Impact On Temperature / Fever Screening Explained on Oct 22, 2020
What impact does GDPR have on temperature screening? Do you risk a GDPR fine...
Security And Safety Things (S&ST) Tested on Oct 22, 2020
S&ST, a Bosch spinout, is spending tens of millions of dollars aiming to...