18th November 2019 – Global Dashboard
Camera Market is expected to grow significantly in the forecast period
owing to the increasing number of car thefts and growing number of car
accidents. Dashboard cameras are the mini video cameras that are installed
either on the vehicle’s dashboard even though they can be attached to the
windshield or anywhere. They offer any sort of convenience or comfort and make
driving easier for the driver. Dashcams tend to be small and compact and have
one laser focused purpose, which records everything happening in or around the
vehicle.
Dashboard camera has become one of the
essential car accessories in most countries because of the strict safety
regulation enforced by the various government and their transport authorities.
Moreover, the growing competition in the market has lowered the prices of
dashboard cameras, which has increased the adoption of dashcams among car
owners. The growing consumer awareness and focus on safety are influencing the
growth of dashboard camera industry.
The rising number of road mishaps and
thefts are the key factors demanding dashboard cameras. Especially, the road
traffic accidents is the major reason behind the popularity of dashcams.
Dashcam footages provide an objective account of crashes when involved in a car
accident or on high stress events that can help to boost insurance claims and
lower insurance prices. Owing to several advantages, the sale rate of dashcams
has increased in the recent years in America. Besides, most dashcams are
rechargeable, which enables the usability when the car is not in motion.
Another best use of dashcams is the recording of culprits behind accidents and
theft of essentials left at the back of car. Owing to these, dashcams are being
adopted increasingly, which again leads to the growth of dashboard camera
market.
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Furthermore, the growing demand for
automobile across the globe is leading to the growth of dashboard cameras.
Currently, every car owner desires to have the best internal car features,
which include both safety and convenience. Hence, automobile manufacturers are
installing the best of dashcams for offering optimal safety to their customers
while driving in different conditions. The demand for dashcams has been
increasing with every sale of vehicle, which is influencing dashboard camera
industry. Conversely, legalization for the use of dashcams is a matter of
concern for nations like Luxemburg and Austria where the use of dashcams is an
actionable offence.
Dashboard camera market is categorized
on the basis of type, technology, and geography. On the basis of type, the
market is divided into basic dashboard cameras, advanced dashboard cameras, and
smart dashboard cameras. Based on technology, dashboard camera industry is
classified into single lens (single channel), multi lens (dual channel), and
rearview dashboard cameras. Geographically, the market is segmented as North
America, Europe, Asia Pacific and RoW. Owing to the growing population in Asia
Pacific region, dashboard camera market is projected to hold larger share.
The key players in dashboard camera
industry are Aiptek Inc., Bulls-I Vehicle Drive Recorders, DOD Tec, Delphi
Automotive Systems Pvt Ltd., Garmin international Inc., Hewlett-Packard, Harman
International industries, Panasonic Corporation, Papago Inc., Pitta soft Co.
Ltd., Qrontech Co. Ltd, and Steelmate, among others.
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