According to a new market research report published by Global Insight Services “ Dashboard Camera Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
A dashboard camera, also known as a dash cam, is a small, unobtrusive camera that is mounted to the dashboard of a vehicle. The purpose of a dash cam is to record the events that take place while the vehicle is in motion. This can be useful in a number of different situations, such as providing evidence in the event of an accident or capturing a once-in-a-lifetime event.Dash cams typically record video footage at a lower resolution than traditional video cameras, but they are designed to be small and unobtrusive, so as not to obstruct the driver’s view. Some dash cams also include audio recording capabilities, although this is not always the case.
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Top Key Players in Dashboard Camera market: ABEO Technology, Garmin Ltd., Pittasoft Co. Ltd., Falcon Zero LLC, Panasonic Corporation, Cobra Electronics Co, DOD TechDJI
Key Trends
The key trends in Dashboard Camera technology are that the cameras are getting smaller and more discreet, they are becoming more sophisticated with features such as GPS and WiFi, and the price of the cameras is dropping.One of the main reasons for the trend of smaller and more discreet cameras is that people do not want to draw attention to their vehicle with a large camera mounted on the dash. The cameras are also becoming more sophisticated, with features such as GPS and WiFi that allow the user to track their location and share the footage with others. The price of the cameras is also dropping, making them more affordable for a wider range of people.
Key Drivers
The key drivers of the dashboard camera market are the increasing number of road accidents and the growing awareness of the benefits of using dashboard cameras. According to the National Highway Traffic Safety Administration, there were over six million car accidents in the United States in 2017. This number is expected to grow in the coming years. As the number of accidents increases, so does the need for dashboard cameras.
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Market Segments
The dashboard camera market report is bifurcated on the basis of technology, product, resolution, application, and region. On the basis of technology, it is segmented into basic, advanced, and smart. Based on product, it is analyzed across 1-channel, 2-channel, and front & rear view. By resolution it is categorized into SD & HD and full HD & 4K. By application, it is divided into commercial vehicle and personal vehicle. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.
Reasons to buy Dashboard Camera Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
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