The global dashboard camera market, in terms of revenue, was valued at US$ 598.5 Mn in 2013 and is forecast to grow at a CAGR of 13.9% during the period 2014 to 2020. The major factors fuelling the growth of the market are government initiatives in order to improve road safety, availability of wide range of dashboard cameras and encouragement from insurance companies for installation of dashboard cameras. The major factor challenging the growth of this market is personal privacy laws particularly in some European countries which restricts camera users to take videos at public places may hamper the market growth. The market finds tremendous growth opportunities in partnership with automobile manufacturers and untapped emerging markets.
Dashboard cameras are real-time video recording devices usually attached on the windshield of vehicles and integrated with dashboards in the vehicle. These devices are designed to record real-time videos that capture the inward as well as outward sides of vehicles.
Dashboard cameras find its applications in private cars, law enforcement vehicles, and rental and other commercial vehicles. These cameras provide continuous video recording, which could be used as evidence in the event of an accident or civil or criminal lawsuits.
Dashboard cameras are categorized based on technology, type and geography. The demand for dashboard cameras is majorly driven by their numerous advantages, especially their utility in case of accidents, emergency services, and for evidence gathering, among others.
In addition, most advanced dashboard cameras are equipped with features such as sensors technologies for detecting vehicles and other objects during driving, global positioning system (GPS), loop recording, and a night vision system. With rising dependence on video surveillance for safety purposes, the demand for dashboard cameras is expected to increase substantially during the forecast period.
The report on the dashboard cameras market provides the current scenario as well as the future market potential of dashboard cameras, globally. The market for dashboard cameras has been segmented into three major technology segments, namely, single lens/channel, multi lens/dual channel and rearview dashboard cameras.
The market for the dashboard cameras has been extensively analyzed on the basis of type, technology and geography. Based on type, this market is also segmented into basic dashcams, advanced dashcams and smart dashcams.
The market size and forecast in terms of revenue (US$ Mn) for each of these segments have been provided for the period from 2012 to 2020, considering 2012 and 2013 as the base years. Based on technology, dashboard cameras are categorized into single lens (single channel), multi lens (dual channel) and rearview dashboard cameras.
The report also provides the compound annual growth rate (CAGR) for each segment of the market for the forecast period from 2014 to 2020.
Browse the full Dashboard Camera Market (By Product Type - Basic Dashboard Cameras, Advanced Dashboard Cameras and Smart Dashboard Cameras; By Technology - Single Lens (Single Channel), Multi Lens (Dual Channel) and Rearview) - Global and Russia Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020 report at http://www.transparencymarketresearch.com/dashboard-cameras-market.html
Geographically, the market for dashboard cameras has been segmented into regions: North America, Europe, Asia Pacificand the Rest of the world. The market size and forecast for each region have been provided for the period from 2012 to 2020 along with the CAGR (%) for the forecast period from 2014 to 2020.
The report includes the quantitative analysis in terms of unit shipment (thousand units) as well as revenue (US$ Mn) and forecast for the period 2014 to 2020. The report also highlights attractive market segments in each regional and global market which helps manufacturers and suppliers in their tactical decision making.
The study also includes qualitative analysis of the competitive scenario in these regions. In addition, report provides detailed market analysis for Russia dashboard camera market which is the largest individual market for dashboard camera at present.
The market overview chapter of the report includes qualitative analysis of the overall market highlighting the factors determining the market dynamics such as drivers, restraints, and opportunities, along with market attractiveness analysis and value chain analysis. This report also highlights demand supply, product and technology, original equipment suppliers and manufacturers trends in the global as well as in regional markets.
The report also provides a section on the competitive landscape, wherein the market positioning of leading players in the global dashboard cameras market in 2013 has been analyzed. The report concludes with the profiles of major original equipment suppliers (OESs) and original equipment manufacturers (OEMs) in the global dashboard cameras industry such as Fiat Chrysler Automobiles (FCA) US LLC, Delphi Automotive Systems Pvt Ltd, Papago Inc., Toyota Motor Corp, Harman International Inc, Garmin International Inc, Qrontech Co., Ltd. (Lukas), Pittasoft Co. Ltd. (BlackVue), DCS Systems Ltd. (RoadHawk UK), and others.
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The global and Russia dashboard cameras market is categorized into the following segments:
Dashboard Camera Market, by Type
- Basic Dashboard Cameras
- Advanced Dashboard Cameras
- Smart Dashboard Cameras
Dashboard Camera Market, by Technology
- Single Lens (Single Channel)
- Multi Lens (Dual Channel)
- Smart Dashboard Cameras
Dashboard Camera Market, by Geography
- North America
- Europe
- Russia
Asia Pacific
Rest of the World (RoW)
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