Market Definition
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.
Market Outlook
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.
Most dash cams are powered by the vehicle’s cigarette lighter socket, and will automatically start recording when the ignition is turned on. Some models also come with built-in GPS, which can be used to record the location of the vehicle at the time of an incident.
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.
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.
There are many benefits to using dashboard cameras. Dashboard cameras can help to protect drivers from false claims of responsibility in an accident. They can also help to provide evidence in the event of an accident. Dashboard cameras can also help to improve driving habits. Drivers who know they are being recorded are less likely to engage in risky behavior.
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Research Objectives
- Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region
- Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling
- Identify factors influencing market growth and challenges, opportunities, drivers and restraints
- Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates
- Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities
- Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market
- To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.
- Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives
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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.
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Key Players
The dashboard camera market market report includes players such as ABEO Technology, Garmin Ltd., Pittasoft Co. Ltd., Falcon Zero LLC, Panasonic Corporation, Cobra Electronics Co, DOD TechDJI, CNSLink Ltd., Finedigital Inc., and Aptiv.
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Research Scope
- Scope – Highlights, Trends, Insights. Attractiveness, Forecast
- Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others
- Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain
- Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
- Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
- Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis
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