In 2017 the Global Dashboard Camera Market Size valued at USD 2.19 billion and is projected 27.5 million sales in 2017. Dashcamera is anticipated to witness an upsurge in demand for installation in passenger and commercial vehicle will help the market to grow significantly in upcoming years. Government has taken favourable initiatives due to this the demand for vehicular safety and some other factors are expected to grow market rapidly.

“The Global Dashboard Camera Market was calculated at USD 2.19 billion in 2017, and it is projected to witness a CAGR of 15.4% over the forecast period, that is 2019 to 2025.”

Dashboard cameras are on-board camera that is used to continuously record the view through a vehicle’s front windscreen and sometimes rear on the window. It is used in vehicles and also it is one of the major car accessories in many countries, due to the safety regulation imposed by various transport and government authorities will boost the market over the analysis timeline. Some dashcams include a camera to record the interior of the car in 360 degrees and an automatically send pictures and video. A wide-angle front camera may be attached to the interior wind screen, to the rear-view mirror or top of the dashboard.

Global Dashboard Camera Market Growth Opportunities (Revenue, Growth) By 2017-2025

The dashboard camera market has gain the tremendous growth in automotive sector. It is also used for recording footage and being extensively used in the event of accidents and road mishaps, and evidence against claims for ‘cash for crash’ scams. globally both large-size and small enterprises are developing technology-advanced dashboard cameras that feature dual recording functionally, GPS, memory card support, Wi-Fi connectivity,4K resolution, and built in microphone and speakers.

This Global analysis offers in-depth insights, revenue details, and other vital information regarding the global dashboard camera market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global  market report has been segmented on the basis of type, application, and region.

Market Segmentation:

 Presence of the stringent laws and regulations on the road safety in several economies world over due to this the demand for dashboard camera has increased and anticipated to grow high during forecast period. Advance feature  such as audio recording, speed sensing, GPS logging and uninterrupted power supply expands the functionalities of dashboard cameras with these advance features various insurance companies also giving guidance to vehicle owner to install these cameras by letting them settle insurance claims faster and charging less premium. Declining price of dashboard camera is also a contributing factor to boost the market significantly. Recording of audios and videos of the car crash helps speedup the compensation claims for the rightful owner and eliminate the otherwise hassles they face; dashboard camera capturing the road rage incidents is also a contributing factor to boost the market significantly.

Regional Analysis:

In 2017 Europe is anticipated as the leading region in terms of dashboard camera; regional demand was accounted 11.5 million units in 2017 in terms of sales. Russia also gained the immense popularity of dash camera owing to rising case of insurance fraud in case of accidents.

Global Dashboard Camera Market Size, Share Analysis By Region 2017

Asia Pacific market is projected to witness the highest growth in terms of revenue over the forecast period, registering a CAGR of over xx.xx% from 2017-2025. Increasing vehicle sale in Asian countries such as South Korea and India has positively impacted regional growth. Demand for dash cams from developing economies like China and India, is projected to witness a substantial increase compared to other countries. North America has projected 6.5 million of dash cameras in 2017, regional demand is expected to witness considerable growth over the forecast period as ride-hailing service provider, such as ola, uber, LYFT and their drivers are increasingly believing the benefits of installing dash camera in their vehicle.

Dashboard Camera Market: Secondary Research

To recognize and collect authentic and market-oriented information crucial for the research study, several secondary sources have been approached and referred. Press releases, white papers, companies annual reports, investor presentations, and articles present on trustworthy websites, databases, and certified publications are some of the significant secondary research sources that have been used to prepare the report. The data collected as secondary data have been obtained from various reliable journals and associations such as Smart Ticketing Alliance, Association of Professional Social Compliance Auditors, General Service Administration, Department of Transportation, and Association for Intelligent Transport Systems to reach to the market numbers or size. The data obtained through secondary sources has been validated through primary research.

Dashboard Camera Market: Primary Research

For conducting primary research, several primary sources of the demand as well as supply sides have been approached and interviewed for obtaining quantitative and qualitative information crucial for the report. Vice Presidents, CEOs, technology directors, Product Managers, Marketing Directors and other executives of giant market players and organizations operating in dashboard camera market are included as primary sources of the supply side.

After performing comprehensive engineering of dashboard camera market (which includes market size estimations, calculations regarding market statistics, market forecasting, data triangulation, and market breakdown), detailed and vast primary research has been carried out to collect information along with verifying and validating the significant and critical market numbers arrived at.

Key Player:

Top key players operating in the dashboard camera in market include DCS Systems Ltd., Pittasoft Co. Ltd., Qrontech Co., Ltd., Garmin International Inc, Harman International Inc, Papago Inc., and Delphi Automotive Systems Pvt Ltd.

Global Dashboard Camera Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast.

The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.