Chinese

US Video Surveillance Manufacturers Face Increasing Chinese Competition

With the ability to offer low prices without compromising on technical specs, Chinese manufacturers of consumer video surveillance devices will outpace their US peers if market share boils down to a simple price war. US manufacturers of consumer video surveillance equipment risk losing market share to their Chinese counterparts, which have able to compete on price without compromising on technical features. Chinese video surveillance equipment makers accounted for some 5 percent of US market revenue last year, but high demand and supply in the China market could prove a “ticking time bomb” for US players, said Jimmy Dearing, IHS Markit’s residential security analyst.