The global dash cams Market size was evaluated at USD 3,541.3 million in 2021 and is slated to hit USD 7,027.4 million by the end of 2028 with a CAGR of nearly 12.1% between 2021 and 2028.
The market’s motivators, restraints, and challenges are examined, as well as the impact they will have on demand over the forecasted time frame. In addition, the article examines new opportunities in the dash cam industry.
Dash Cam Market: Overview
A dashboard camera is a specialised, onboard, portable camera installed inside a vehicle’s windscreen. It is also known as a driving recorder, event data recorder (EDR), dashcam, or automobile DVR. A “dashboard camera” is a small video camera mounted on a commercial vehicle’s dashboard or windscreen, such as a truck, trailer, or passenger car. Market growth is expected to be driven by increased government initiatives and public awareness of automotive safety. Because of the popularity and profitability of dashboard cameras, markets in Russia, France, and Canada are expected to grow more rapidly in the coming years. In recent years, the product’s demand has been a significant factor in the condition’s rising incidence. Also read cbse school in Ahmedabad.
Dash Cam Market: Segmentation
Based on technology, the market is divided into three categories: basic, advanced, and smart. Between 2021 and 2028, the smart dashboard camera market is expected to grow at a CAGR of more than 16.0 percent. The best camera lens currently available, easy setup, and a variety of control options, including those via mobile devices, will all help the market grow.
The market is divided into three product categories: 1-channel, 2-channel, and rear view (front rear view). From 2021 to 2028, the market for rear-view mirrors is expected to grow at the fastest rate in terms of volume. On the market, personal and commercial vehicles are classified based on their intended use.
By video quality, the market is divided into SD HD and full HD 4K. In terms of volume, it is predicted that the full HD 4K segment will experience the highest CAGR during the projection period. This is related to their ability to record movies at a higher resolution, which can be used as admissible evidence by courts, law enforcement, and insurance companies. Also read cbse high school
Dash Cam Market: Competitive Landscape
Some of the main competitors dominating the global dash cam market include – Garmin Ltd.; ABEO Technology; Falcon Zero LLC; Pittasoft Co. Ltd.; Cobra Electronics Co; Panasonic Corporation; DOD TechDJI
Global Dash Cam Market is segmented as follows:
Rear View (Front Rear View)
By Video Quality
Full HD 4K
By Distribution Channel
Rest of Europe
Rest of Asia Pacific
Rest of Latin America
Middle East Africa
Rest of Middle East Africa
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