Hikvision Trumpets Global Dominance

Author: John Honovich, Published on Jun 26, 2013

The surveillance industry is defined by its deep fragmentation, with hundreds, if not thousands of manufacturers, but no single dominant force. But now, Chinese mega-manufacturer Hikvision is trumpeting its 'continual dominance', listing its position in 10 categories. In this note, we break down these and explain what is driving Hikvision and what it means to the rest of the industry.

The $11 Billion Company

************'** ** ****** * ********* ** ~$* ******* ***. *****, ** *** risen to ~$** ******* ***, ****** ** * ***% ******** ** revenue **** **** ** **** (~$*** ******* *** ** ~$*.* Billion *** ****** *******). ********, *** ******* ****** ** * staggering ** ******* (** **********, ******** '****' ****** ** ~** revenue ******* *** ****** ***-**).

*********, ********* ** ********* **********,********** *** ******** ~$*** ******* ** *** ~$*.* ******* ** *****, *** an ********** **% *** ******. *** **********, ****, * ***** profitable ******* ** ***** *********, *** * *** ****** ********** of ******* **** ****.

Market ********

** ************ ******, ********* ***** *** ***/*** ********:

********* **** ********** *** *** ***** ** *** ****** ************ market ****** **** *.*% ** *% **** **** ** ****. This ** ******* ********* ********* ******* ** ~**% ($***+ ******* USD) ***** *** **** ** *** ******** ******* *** ********** flat.

*** *** **** ********* **** *** * ***? ;) *********, though, **** *** *** ** *** *** * ********. ***** that *** ********* **** ******* ** ~$*** *******, ** ******* Hikvision **** **** $** ******* ** *** ******** ** ****.

**** *********, * ******* **** ***** *** ******, ** ********* generating **** ** ****** ***** **** ****** *** **** ***.

The ***** ******

***** ******* *** **** ******* **** ******** *** *** ***** market ******. ********* ** *** ** * *** ******* ******** companies ********** **** **** ************ ******** ******* ******** ** ******** each (*.*.,*********'* $*** ******* **** ****). ******, ********* ************ **** **** **% ** ***** ******* comes **** ****** *****, **** ** ****.

*****'* ** ********** ** ***** **** ************ ********, **** ** their ******* **** *** ************ ********* *** ******** *********. ** other ************ ************ ** *** ***** ******* *** ********* **. 

******, ********* ** * ******* ******* ** ********** ************ ********** ****** ******** ********.

Hikvision ******** - **** ** ***?

*********'* ******** *** ********* ***** *** **** *** ***, ** any ***, **************. *** ********, *** *** ***** ***********'* ***** **** ** ***** *** ** ******. **** *** ***********, **** ** ***** ** ******** *** pricing. *******, **** *** ******* ** ***** *******. *****'* ** critical '************ ********' ********* ** ****** **********. *** **** *** below ******* ** ********* *************** (******** ** ************* / *** Chinese *********).

**** ********* *** **** ** *****, ******* ********* ** ***** Chinese ************ *********, ** ***********. *******, *** ******* **** **** go ** *** ** *** ******** ***** ****** ***** **** (which ***** ******** ** ** *******) *** ** ** **** to *** *** **** ***** **** ******** ***** ** *********** that ** *** **** ** *** ***** (**** ** **** *** *****).

Comments (12)

Josh Ennis

06/27/13 02:00am
* **** ****** * *** ******* *** ** * ******* DVR. *'** **** ** ******** ***** * ****** **. ***** impression ** **** $*** *** ***, ***/***** ** ****** **** if ******* ** ****** **** ****.

John Honovich

IPVM | 06/27/13 02:10am

****, ******* ******* ** **. **** ********* *** ***** *** ramping ** ***** ** ***** *** **** ** ***************. ***** we **** **** ***** ** ********* ******, ** *** ***** to ******* *** ***** ***** **** **** *****.

Undisclosed Manufacturer #1

06/27/13 03:42pm

*** *********** *'* ******* ****** ***** ***** *********'* ******* ** less ********** **** *** ***** ******. ** **** ****** **'** seeing ***'* ****** **** ***** **** **** *** **, ************ to ********* ***-******* ******* ************* **** *** *******, ** **** to ***** ***** ************* ** ******* ***** ******* *******.

**'* **** ********* ** **** **** ***** ********* ****** ***** is ******* ** ********** *******, ********* ***** ************* **** ********** officials, ******* *** *********. **'* **** ********** ** **** ********** that ** ***** ** ********* *** ******* ****** *** **** adapt ** **** ***********.

**********, ***** ********** ** * ******* ******** ** **** ****** large **** ******* **** *** **** *** "****** *********"

John Honovich

IPVM | 06/27/13 03:50pm

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

Undisclosed Manufacturer #1

06/27/13 03:56pm

* ***'* ******* **, *** * ****** ******* **** ***** now. *********, **.*% ** ******* ****** ** *** ** ******* UL.

Mark Rindy

06/27/13 05:01pm

*** * *********** *** **** **** ** **** ****** *** Hikvision **** *** * ***** ** ****** ******. ***** *** price *** ****, *** ******* **** **** ***** ***** ** long ******* ******** *** *******. **** *** *** **** **** we **** *********, **** ******* ** *** ***-** *******, ** try *** ** **** ******* **** ********** **** ** *** greater ***** ***** ****.

Bob Germain

06/27/13 06:17pm

[**** ****** ****: ****** ** **** *********]

****, ** *** ***, ********* ******** *** **/*** ******.

Undisclosed Manufacturer #1

06/27/13 07:00pm

***, **** **** **** **** ***** ** ***** ******** **** sell ******* ** *****, ******* *'** ***** **** ***** ******** sold ****** *** ****** *** *** ** ******.

*** ***** *** *** ********** **** ** ***** **** ** HikVision's ******* *** **.

Andy Wray

06/27/13 08:03pm

** ** ** ************* *** ********* ** ********* ***** ** the ******* **********. ****** **** ***** **** *** ******* **** more *** ***** **-******* *****?

* **** *** **** ******** ** ********* ** * *********** and ***** *** ******* ******** *** ***** ************* ***** ********* and ******* ****'* ********. ***** ******* *****'* ******* ** **** or **** *** **** ******** *** **** ****. *** *** NVR's **** *** ****** ***** ** *** ********* ********** ******* as **** ******* **** *****. *'* ****** ******* **** *** been ********** ********.

********** **** ** ****** ** *** ***** *****, ********* *** in ******* ** ********.

John Honovich

IPVM | 06/27/13 08:09pm

****, * ******* * *** ** *** *** ***** ********* have **** ********** ***********, ********* *********** ****** **** ** ********** owned ***** (* ****** **** ***** *** **** ***** ******* Hikvision *** ****).

***, **** ********** ****** ***** *******.

**** ****, *** ******* *** ****** ******. *** ****-**** ********* are *********** ****** **** *** ******** ** ********* **** ****** then. **** **** *** **** **'* ****** **** **** ** Sony, **'* **** **** ****** ***.

Bob Germain

06/27/13 08:39pm

****- *** *** **** ** *** **** **** ***** *** more. **** **** *** * ***** ***** ********* **** *** be ******** ******* ** **** ** ******. ******* ** ** 5MP *** *********. ** **** ***** ***** *********, **** ****** has *********** **********, ***** **** *** ***** ******* *******.

Alexandar Henrick Barmose

06/30/13 05:19pm

**** **** - ***** * **** ** ***** *** *** your **** ******* *** **** ********* ****. * ***** **** if *** ***** **** * **** **** ****** ***** ***** and ******* * **** ***** ** ********, ** ** *** able ** ********** *** *** *** ********** ** ******* *** manufactures . ****** ******* ********* **-********-***, ***** ***-******** *** ***** top ****** **** ***** ************. ******

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