China Sourcing Report: CCTV & Surveillance Products covers cameras, systems and digital video recorders
HONG KONG, June 10 /PRNewswire-Asia-FirstCall/ -- Most mainland China CCTV and surveillance device manufacturers are expecting sales growth of more than 10 percent in the next 12 months. This is according to Global Sources' (Nasdaq: GSOL) China Sourcing Report: CCTV & Surveillance Products
( http://www.chinasourcingreports.com/cctvsurveillanceproducts ).
(Logo: http://www.prnasia.com/sa/200708071747.jpg )
Despite optimistic sales expectations, manufacturers surveyed for the report plan to either decrease prices (35 percent) or keep prices steady (30 percent).
"Weakness in the U.S. market and intensifying price competition have led to most manufacturers being conservative about pricing," said Spenser Au, Publisher of the Report. "Of suppliers planning to raise prices, 62 percent say they plan to limit price increases to less than 5 percent."
Among interviewed CCTV and surveillance device suppliers' plans to become more competitive in the coming months:
-- 35 percent are mainly focused on improving operating efficiency;
-- 26 percent are aiming to decrease product defects;
-- 17 percent are widening product ranges;
-- 13 percent are shortening design/development times; and
-- 9 percent are reducing production costs.
IP models set to lead R&D trends over the next 12 months
Au said: "IP cameras currently make up only a small percentage of production, most of which go to the domestic sector.
"However, IP integration is a key product development priority for suppliers, driven mainly by the growing IP surveillance segment. The lower cost of IP modules and the maturing technology are also aiding makers from the traditional analog surveillance sectors in expanding into this line.
"Over half of surveyed suppliers plan to invest in network transmission solutions as they increase the output of IP models.
"Suppliers' other top plans include the development of higher image resolutions and improving external design innovation. Despite the global slowdown and fierce price competition, suppliers in the sector remain focused on creating more innovative products at competitive prices. Buyers sourcing from the region can expect to get leading-edge products at only slightly higher prices they paid last year."
Supplier profiles, price forecasts and new CCTV & surveillance product export models
The 103-page China Sourcing Report: CCTV & Surveillance Products provides detailed profiles of 23 suppliers with verified manufacturing and export credentials and contact details of an additional 51 exporters. It also includes a Product Gallery featuring 65 of the most popular export models, with key specifications and full-color pictures.
The Report's surveys, price trends and supply forecasts aim to help buyers make better-informed purchasing decisions.
Specialized Global Sources websites, face-to-face events, trade magazines and research reports
China Sourcing Reports are part of Global Sources' sourcing and product information services. These include Global Sources Online
( http://www.globalsources.com ), China Sourcing Fairs
( http://www.chinasourcingfair.com ) and Global Sources monthly magazines. For more information about Global Sources' products and services that connect quality buyers with verified suppliers, visit http://www.corporate.globalsources.com .
The China Sourcing Report: CCTV & Surveillance Products is available for purchase at http://www.chinasourcingreports.com/cctvsurveillanceproducts .
Free information about mainland China CCTV & surveillance product suppliers and products can be found at http://www.chinasuppliers.globalsources.com/china-suppliers/CCTV.htm .
About Global Sources
Global Sources is a leading business-to-business media company and a primary facilitator of trade with Greater China. The core business uses English-language media to facilitate trade from Greater China to the world. The other business segment utilizes Chinese-language media to enable companies to sell to, and within Greater China.
The company provides sourcing information to volume buyers and integrated marketing services to suppliers. It helps a community of over 803,000 active buyers source more profitably from complex overseas supply markets. With the goal of providing the most effective ways possible to advertise, market and sell, Global Sources enables suppliers to sell to hard-to-reach buyers in over 240 countries.
The company offers the most extensive range of media and export marketing services in the industries it serves. It delivers information on 4.3 million products and more than 196,000 suppliers annually through 14 online marketplaces, 13 monthly magazines, over 100 sourcing research reports and 12 specialized trade shows which run 29 times a year across 10 cities.
Suppliers receive more than 67 million sales leads annually from buyers through Global Sources Online ( http://www.globalsources.com ) alone.
Global Sources has been facilitating global trade for 38 years. Global Sources' network covers more than 69 cities worldwide. In mainland China, Global Sources has over 2,500 team members in more than 44 locations, and a community of over 1 million registered online users and magazine readers for Chinese-language media.
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