Credit Risk and Prospects of Optical Components Industry in 2019
Optical components are classified into precision and use, and can be classified into conventional optical components and precision optical components. Traditional optical components are mainly used in traditional optical products such as conventional cameras, telescopes, and microscopes. Precision optical components, especially high-quality optical lenses, are the core components of smart phones, security surveillance cameras, and car cameras, and have become an important factor affecting the application of these products.
Throughout the global optical lens application, mobile phones, video surveillance, and car cameras are the three largest terminal markets, and have largely affected the overall development trend of the optical lens module industry. Smartphones have contributed the most to the development of the optical industry. Mobile phones and modules are the largest and fastest growing application market in the optical industry, accounting for about 70% of the industry. The traditional camera market has shrunk year by year, and the demand for security video surveillance and car video has driven the demand for optical lenses and lenses to increase year by year. According to the TSR 2017 lens market research report, it is estimated that the revenue of global mobile phone cameras, surveillance cameras and car lenses will reach 72.30%, 13.33% and 14.37% in 2021.
The development of the global security surveillance market has promoted the rapid growth of video surveillance cameras, and China has become the core market for security video surveillance in the world.
The front-end camera is the core of the security monitoring system, accounting for the highest proportion of China's security monitoring industry, reaching more than 50%. The video surveillance products have raised higher requirements for camera clarity. The optical lens is the core component of the video information acquisition portal of the video surveillance system such as camera and dome camera. The quality of the information acquisition quality directly affects the information recognition and processing effect of the back end.
According to Memorori data, the global security video surveillance output increased from $18.7 billion in 2010 to $29.2 billion in 2017. Driven by the continued growth of the global security video surveillance market, the security video surveillance lens market has developed rapidly in recent years. In 2011, the global security video surveillance lens market sold 63 million, and in 2015 it increased to 122 million, with an average annual compound growth rate of 17.97%. According to the TSR 2017 edition of the "Marketing Analysis of Lens Units Markets" survey, the global market sales in 2017 was 186 million, an increase of 25.9% compared with 2016. It is estimated that the global market sales will reach 246 million in 2021.
The further advancement of China's urbanization and new rural construction will directly drive the development of the video surveillance industry. According to the National New Urbanization Plan (2014-2020) issued by the State Council, as of the end of 2016, the urbanization rate of China's permanent residents was 57.35%. At the end of 2017, the urbanization rate of China's registered population was only about 42.35%, which was not only far lower than The average level of 80% in developed countries is also lower than the average of 60% of developing countries with per capita income similar to that of China. The plan establishes that the permanent population of urbanization will reach 60% by 2020, and the urbanization rate of household registration will reach 45%. Development goals around. According to the data of HC Security Network, there are about 96 surveillance cameras per thousand people in the United States in 2012-2013, and there are about 75 per thousand people in the UK. The density of surveillance cameras in China is the highest in Beijing. The number of cameras per thousand people reaches 59 in 2016, and the density of cameras in some second- and third-tier cities is less than 10 per thousand. The surveillance cameras still have a high growth potential in the future.