The Dashboard Camera Market report provides a basic overview of the market related to historical and current industry models and key events occurring in the business.
June 21, 2021 /MarketersMedia/ —
Dashboard camera is also called as driving recorder, event data recorder (EDR) or digital video recorder (car DVR). It is a type on board camera that provides constant monitoring and recording the view through a vehicle's rear and front windscreen and sometimes also other windows. The vital function of a dashboard camera is to everything that goes around vehicle. Some of the new models of dashboard cameras involve a camera that provides help in recording the interior of the car in 360 degrees, an inside camera which is mostly in a ball form and it also can send pictures and videos automatically using 4G. The global dashboard camera industry has recorded a enormous development over the recent years.
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The global dashboard camera market is mainly handled by Aiptek Inc., Abeo Company Co. Ltd, Qrontech Co. Ltd, Dod Tec, Bulls-I Vehicle Drive Recorders, Delphi Automotive Systems Pvt Ltd, Harman International Industries, Inc., Garmin International Inc., Lg Corporation, Hewlett-Packard, Papago Inc., Panasonic Corporation, Pittasoft Co. Ltd, Steelmate, amongst others. Voxx International declared new 360fly single lens 360-degree action camera.
The rising number of favorable government initiatives and growing awareness related to in-car safety among people are likely to increase the demand for these dashboard cameras across the globe. The continuous technological developments in the sector has resulted into launching cameras equipped with features such as night recording, inbuilt GPS, G-forces and date and time recording which are gaining traction across the globe and boosting the growth of the dashboard camera industry. The increase in the number of road accidents and car thefts incidences around the globe is another aspect propelling the growth of the market. Furthermore, some new models of these cameras provide features like two-way recordings and GPS which are anticipated to drive the growth of the market ahead.
The insurance companies are obligating the installation of these cameras while offering users with insurance as these cameras record driver's action during a time of accident making the investigation process easier. The reduction in distracted and reckless driving and benefits for the driver is boosting the demand for these cameras in various regions. However, outbreak of COVID-19 has had a major impact on the market performance attributed by number of regulations imposed by government authorities. Nevertheless, with steady ease in restrictions, the industry players have managed to conquer the reduction in sales. Furthermore, the rise in the number of R&D activities, adopting automation workflow and increasing mergers and acquisitions are anticipated to provide number of lucrative opportunities to the market entities in future years.
Key segments of ‘Global Dashboard Camera Market’
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Based on video quality, the market has been segmented into,
• SD & HD
• Full HD & 4K
Based on product, the market has been segmented into,
Based on region, the market has been segmented into,
• North America
Our report provides:
1. Detailed inquiry of market estimates for all segments
2. Thorough market analysis from the perspective of leading market participants
3. Strategic approach for new entrants
4. Market forecast by region over the next 10 years
5. Competitive analysis of current market trends
6. Company profiling with explicit strategy and economic development
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