************'** ** ****** * ********* ** ~$* ******* USD. *****, ** *** ***** ** ~$** billion ***, ****** ** * ***% increase ** ******* **** **** ** 2012 (~$*** ******* *** ** ~$*.* Billion *** ****** *******). ********, *** company ****** ** * ********** ** revenue (** **********, ******** '****' ****** at ~** ******* ******* *** ****** run-up).
*********, ********* ** ********* **********,********** *** ******** ~$*** ******* ** *** ~$*.* billion ** *****, *** ** ********** 29% *** ******. *** **********, ****, a ***** ********** ******* ** ***** standards, *** * *** ****** ********** of ******* **** ****.
Market ********
** ************ ******, ********* ***** *** ***/*** ********:

********* **** ********** *** *** ***** of *** ****** ************ ****** ****** from *.*% ** *% **** **** to ****. **** ** ******* ********* increased ******* ** ~**% ($***+ ******* USD) ***** *** **** ** *** industry ******* *** ********** ****.
*** *** **** ********* **** *** a ***? ;) *********, ******, **** are *** ** *** *** * globally. ***** **** *** ********* **** segment ** ~$*** *******, ** ******* Hikvision **** **** $** ******* ** VMS ******** ** ****.
**** *********, * ******* **** ***** for ******, ** ********* ********** **** MP ****** ***** **** ****** *** Axis ***.
The ***** ******
***** ******* *** **** ******* **** adjusted *** *** ***** ****** ******. Hikvision ** *** ** * *** Chinese ******** ********* ********** **** **** surveillance ******** ******* ******** ** ******** each (*.*.,*********'* $*** ******* **** ****). ******, ********* ************ **** **** 80% ** ***** ******* ***** **** within *****, **** ** ****.
*****'* ** ********** ** ***** **** surveillance ********, **** ** ***** ******* size *** ************ ********* *** ******** companies. ** ***** ************ ************ ** any ***** ******* *** ********* **.
******, ********* ** * ******* ******* of ********** ************ ********** ****** ******** ********.
Hikvision ******** - **** ** ***?
*********'* ******** *** ********* ***** *** they *** ***, ** *** ***, groundbreaking. *** ********, *** *** ***** of*********'* ***** **** ** ***** *** ** ******. **** *** ***********, **** ** terms ** ******** *** *******. *******, they *** ******* ** ***** *******. There's ** ******** '************ ********' ********* or ****** **********. *** **** *** below ******* ** ********* *************** (******** to ************* / *** ******* *********).
**** ********* *** **** ** *****, against ********* ** ***** ******* ************ companies, ** ***********. *******, *** ******* will **** ** ** *** ** the ******** ***** ****** ***** **** (which ***** ******** ** ** *******) but ** ** **** ** *** how **** ***** **** ******** ***** to *********** **** ** *** **** of *** ***** (**** ** **** *** *****).
Comments (12)
Josh Ennis
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John Honovich
Josh, looking forward to it. Both Hikvision and Dahua are ramping up sales of super low cost MP internationally. While we have done tests of Hikvision before, we are going to release our first Dahua test next month.
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Undisclosed Manufacturer #1
The information I'm hearing within China about HikVision's quality is less impressive than one might expect. In fact lately we're seeing RFQ's coming from China that call for UL, specifically to eliminate low-quality Chinese manufacturers from the bidding, or else to force those manufacturers to improve their product quality.
It's also important to note that being succesful within China is largely an incestuous process, involving tight relationships with government officials, payoffs and kickbacks. It's well understood in most industries that in order to penetrate the Chinese market you must adapt to this environment.
Regardless, being successful to a captive audience in your rather large home country does not give you "Global dominance"
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John Honovich
So Hikvision has a UL listing or no?
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Undisclosed Manufacturer #1
I don't believe so, but I cannot confirm that right now. Certainly, 99.9% of Chinese brands do not go through UL.
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Mark Rindy
Had a distributor one time talk me into trying the Hikvision line for a small 10 camera system. While the price was good, the install time took three times as long thereby negating any savings. That was the last time we used Hikvision, also because of the non-UL listing, we try not to take chances with inspectors here in the greater Puget Sound area.
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Bob Germain
[IPVM Editor Note: Poster is from Hikvision]
Most, if not all, Hikvision Products are UL/cUL listed.
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Undisclosed Manufacturer #1
Bob, then this must only apply to their products they sell outside of China, because I've heard that their products sold within the region are not UL listed.
But thank you for confirming that at least some of HikVision's cameras are UL.
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Andy Wray
It is my understanding the Hikvision is partially owned by the Chinese government. Surely this would skew the figures even more for their in-country sales?
I have had some exposure to Hikvision as a distributor and found the product adequate for small installations where bandwidth and storage aren't critical. Image quality doesn't compare to Axis or Sony nor does bandwith and file size. The Hik NVR's also had issues where by the recording resolution reduced as more cameras were added. I'm unsure whether this has been recitified recently.
Hikvisions edge is purely in its price point, certainly not in quality or features.
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John Honovich
Andy, I believe a lot of the big China companies have deep government connections, including significant shares held by government owned banks (I recall this being the case going through Hikvision IPO docs).
Yes, that connection likely helps greatly.
That said, the product has gotten better. The 2011-2012 offerings are drastically better than the terrible IP offerings from before then. That does not mean it's better than Axis or Sony, it's just much closer now.
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Bob Germain
Andy- the new NVRs do not have that issue any more. Each unit has a total input bandwidth that can be flexibly applied to each IP camera. Cameras up to 5MP are supported. So with total input bandwidth, each camera has independent resolution, frame rate and image quality setting.
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Alexandar Henrick Barmose
Dear John - First I want to thank you for your good website and some fantastic test. I would like if you could make a test with vandal domes 1080P and inclute a wide range of products, so we are able to understand how big the differance is between the manufactures . Please inclute Hikvision DS-2CD7255F-EIZ, Dahua IPC-HDBW3202 and other top models from other manufactures. Thanks
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