Report ID – TGRI5434

Report Segment | Technology > Automotive and Transportation Tech

Dashboard Camera Market Overview:

The market for Dashboard Camera was valued at XX Mn USD in the year 2023 and expected to reach XX Mn by the year 2030. The CAGR for the market is XX% during the period 2019 -2030.

Dashboard cameras also referred to as dashcams are small video recorders that are mounted on car dashboards to record footage of the road ahead and the interior of the vehicle. They are essential instruments for capturing live footage while driving, providing video proof in the event of collisions or disagreements. Dashcams have grown in popularity among drivers worldwide for improving road safety, providing a sense of security, and providing footage for insurance claims or legal purposes. Modern dashcams are more useful and relevant in the automotive industry since they have features like wide-angle lenses, high-resolution video recording, GPS tracking, and connectivity options. These features are the result of technological advancements.

Dashboard Camera Market Dynamics:

Dashboard Camera Market Drivers

• Safety Concerns
• Insurance Premium Discounts

Dashboard Camera Market Restraints

• Privacy Concerns
• Installation Complexity

Dashboard Camera Market Opportunities

• Integration with Smart Features
• Solutions for Fleet Management

Dashboard Camera Market Trends

• Dual Channel & AI Integration
• Network and Connectivity

Dashboard Camera Market Report Segments Overview:

Distribution Channel Segment Overview:

In-store spots have a major market as they provide direct customer interactions and hands-on experiences. However, due to the increasing shift toward online purchasing trends, in-store sales growth has been comparatively stable.The e-commerce and manufacturer websites that make up the online distribution channel are experiencing fastest growth. For consumers looking for dashboard cameras, online channels provide a multitude of choices, comparisons, and convenience. 

End User Segment Overview:

Commercial vehicles have a major market. Dashboard camera systems are still a major investment for commercial vehicles, including fleets and logistics companies, in order to maintain safety, track driver behaviour, and meet legal requirements. Personal vehicles are experiencing growth at the fastest rate as individual consumers are looking for additional security, evidence of incidents, and possible insurance benefits. This indicates a growing trend in automotive technology toward personal safety and security.

Dashboard Camera Market Regional Outlook:

North America: 

The US has held a major share of the dashboard camera. The nation gains from a robust auto sector and broad acceptance of dashcams’ benefits for security and safety. Canada has seen the fastest growth in the dashboard camera market due to a greater awareness of traffic safety and a propensity for embracing automotive technology.

Asia Pacific:

Countries such as South Korea, Japan, and China dominate the dashboard camera market in Asia Pacific. South Korea leads the market due to technological advancements and a high demand for automobiles safety solutions. Japan is the market with the fastest rate of growth because of its reputation for having consumers who are technologically savvy that value advanced automotive technology.

Europe: 

Russia, Germany, and the United Kingdom have all been significant dashboard camera markets. Germany dominates in this region because of their highly developed automotive industries and emphasis on road safety initiatives. Russia is the fastest growing market. Dashcams are frequently used as evidence in traffic accidents in Russia, where they have proven to be a significant market owing to insurance-related incentives.

South America:

Brazil is a major player in the dashboard camera market, because of its growing automotive sector and rising traffic safety consciousness. Mexico is showing promise as a fastest expanding market in this region due to increasing car sales and a growing focus on security and safety features for vehicles.

Middle East & Africa:

UAE dominates the dashboard camera market in this region. A growing number of commercial vehicles and technological advancements have contributed to the United Arab Emirates growing adoption of dashboard cameras. South Africa is expanding at the fastest rate in this region with its comparatively advanced automotive sector.

Dashboard Camera Market Players Mapping:

• Amcrest Technologies
• DigiLife Technologies Co. Ltd
• Garmin Ltd.
• Nexar Inc.
• VIOFO
• Nextbase
• Bosch
• Panasonic Corp
• WatchGuard Technologies
• Thinkware
  • In Oct 2023, Hero Electronix’s Qubo smart device brand unveiled GPS trackers intended for bikes and cars. They also debuted two brand-new dashcam models. 

• In May 2023, Nextbase made an announcement about the release of a Smart Dash Cam that will improve vehicle security and provide driver assistance. The gadget promises to offer a number of functions, including access to incident videos and real-time alerts, even when the drivers are not in their cars.

Leaders Board

Dashboard Camera Report Segmentation:

By Distribution Channel:

• In-store
• Online

By End User:

• Commercial Vehicle
• Personal Vehicle

By Region:

• North America (leading Country – XXX)
  • US
  • Canada
  • Mexico
• Asia Pacific (leading Country – XXX)
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of APAC
• Europe (leading Country – XXX)
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• South America (leading Country – XXX )
  • Brazil
  • Argentina
  • Rest of South America
• MEA (leading Country – XXX)
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of MEA

Dashboard Camera Market Report Outlook

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