The latest report on Automotive Dashboard Camera Market by Infinium Global Research gives complete coverage of the automotive dashboard camera market by power source (individual, vehicle battery-powered), resolution (up to 720p, 1080p and above), connectivity (Wi-Fi, BlueTooth, 4G, wired), number of lens (multi-lens, single lens), application (combined, external view) in terms of key trends, market size, forecast and CAGR growth over the period of 2019 to 2025. In addition, the study covers deep dive into key product and application trends in the regional markets of automotive dashboard cameras such as North America, Europe, Asia-Pacific and Latin America over the short run and long run.
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Cab Drivers and Fleet Owners are Inclined Toward the Installation of Such Cameras to Save On Insurance Premium Costs
An automotive dashboard camera, also known as a dashcam. It is a small video recording device, generally mounted at the rearview mirror that continuously records the view through a vehicle’s front windscreen and sometimes rear and other windows also. Some dashboard camera has an integrated camera that records the interior of the car which can automatically send pictures and video by using the cellular network. EDRs and some dashboard cameras also record acceleration/deceleration (g-force), speed, steering angle and GPS data of the vehicle.
In some countries, it is a mandatory device and is gaining popularity in other countries across the globe. A number of European countries are encouraging the use of digital video recorders (DVRs) in cars to record video clips for surveillance purposes, which can also be used as evidence in judicial proceedings.
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Cameras Are Very Helpful in Vehicle Safety and it is the Prime Driving Factor For the Global Automotive Dashboard Camera Industry
Several car insurance providers operating offer considerable discounts on car insurance premiums for vehicles fitted with dashboard cameras. As a result of this, a majority of cab drivers and fleet owners are inclined toward the installation of such cameras to save on insurance premium costs. Automotive OEMs are focusing on integrating dashboard cameras with cloud technology to store data safely.
Dashboard cameras are very helpful in vehicle safety and it is the prime driving factor for the global automotive dashboard camera market. New advanced features including integration of cloud technology, lane departure warning systems, blind-spot detection, and collision avoidance systems are adding to the growth of the global automotive dashboard camera market.
Additionally, a rise in the sales of automobiles is leading to the growth of the market. However, raising concerns about the reliability of the dashboard cameras are expected to hamper the growth of the dashboard camera market. While changing preferences of the consumers are anticipated to offer opportunities for the market.
Among the geographies, Europe has a major share in the global automotive dashboard camera market. Acceptance of dashcam footage as evidence, initiatives were taken by insurance companies, an increase in on-road recreational activities and vehicle safety are the key drivers for the automotive dashboard camera market in this region.
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Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the automotive dashboard camera.
- Complete coverage of all the product type and application segments to analyze the trends, developments, and forecast of market size up to 2025.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.