Global Dashboard Camera Market Size Analysis Report - Market Share, Forecast Trends and Outlook (2024-2032)

North America and the Asia Pacific to be Amongst the Leading Regions in the Global Market for Dashboard Camera

As drivers and ride-hailing service providers, such as Lyft and Uber, increasingly recognise the benefits of mounting such devices in their cars, in an effort to defend themselves against false claims or negative reviews from passengers, demand in North America is expected to rise significantly over time. Most states in the area, especially in the United States, have made dashboard cameras legal. Many truck and cab drivers in the area have begun to use dashboard cameras in recent years due to the security and the additional benefits offered by these cameras.

Because of the growing popularity and adoption of these cameras among motorists, the Asia Pacific is expected to grow at the fastest rate. Some insurance providers in the area have begun offering premium incentives to motorists who install dashboard cameras. Dashboard cameras are expected to gain a lot of traction in this area over the next few years because they provide useful documentation that can protect the consumer both legally and financially.

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Global Dashboard Camera Industry Segmentation

Dashboard cameras (dash cameras or in-car cameras) are specialised portable onboard cameras that are mounted to the interior of a vehicle's windscreen. There are a variety of dashboard cameras in the market, with features ranging from simple video recordings to cameras with date and time, G-forces, inbuilt GPS, and night recording.

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On the basis of technology, the market is segmented into:

• Basic
• Smart
• Advanced

On the basis of resolution, the market is classified into:

• Standard Definition (SD) and High Definition (HD)
• Full HD and Ultra HD (4K)

On the basis of product, the market is divided into:

• Single Channel
• Dual Channel
• Rear View

The product finds applications in the following:

• Commercial Vehicle
• Personal Vehicle

By distribution channel, the market can be classified into:

• Offline
• Online

The regional markets for the product can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

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Increased Awareness Among Consumers to Bolster the Growth of the Dashboard Camera Industry

The market for dashboard camera is expected to grow due to a growing trend among motorists to use such cameras in order to gain additional legal protection in the event of road mishaps and accidents. The consumer’s understanding of the benefits of car DVRs has grown dramatically as a result of frequent news reports showing videos of collisions and road incidents recorded by such devices. Because of the increase in new vehicle sales, the industry expects an increase in demand for the installation of such cameras in commercial and passenger vehicles. The growing demand for vehicle safety, as well as favourable government initiatives, are expected to drive the market growth. Dashboard cameras are becoming increasingly common among drivers all over the world. Many commercial and personal vehicles are using this technology because it helps the driver to take control of on-road protection and record incidents such as crashes, theft, and vandalism. Dashboard camera video is now being accepted as evidence for proving responsibility and insurance claims. In order to combat fraudulent insurance claims, insurance firms are encouraging the use of dashboard cameras by offering discounts on premiums.

Key Industry Players in the Global Dashboard Camera Market

The report gives a detailed analysis of the following key players in the global dashboard camera market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Koninklijke Philips N.V.
• Amcrest Technologies
• CNSLink Ltd.
• Cobra Electronics
• Finedigital INC.
• Garmin Ltd.
• Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis

Key Highlights of the Report