Title: Dashboard Camera Market - Forecast (2023 - 2028)
1Dashboard Camera Market Forecast(2023 - 2028)
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- Dashboard Camera market size is forecast to
reach 6.5 billion by 2025, at a CAGR of
15.20 during 2020-2025. Increased number of road
accidents and thefts for the past few years are
major factors that propel market growth. In 2018,
according to the report given by the Federal
Bureau of Investigation (FBI), about 748,841
vehicles were stolen in the U.S. alone. - In addition mandatory regulations made by
governments of different countries to install
dashcam drive the market. In 2019, according to
the U.S. Federal government, it is mandatory to
install onboard cameras in new cars.
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- Key Takeaways
- Dual-channel Cameras are expected to witness
highest CAGR during the forecast period owing to
increasing preference for dual-channel dashboard
cameras as it contains two cameras with high
resolution feed for front and back video
recording. - North America dominated the dashboard camera
market share with a share of more than 38 due to
stringent regulations. - The smart dashboard camera segment is expected to
witness the fastest growth over the forecast
period due to availability of seamless wireless
connectivity and rising demand for the
integration of smart cameras with Advanced Driver
Assistance Systems (ADAS) technology.
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- By Distribution Channel- Segment Analysis
- Dual-channel Cameras are expected to witness the
highest CAGR of 10.3 during the forecast period
owing to increasing preference for dual-channel
dashboard cameras, over single-channel dashboard
cameras among private and commercial vehicle
owners as it contains two cameras with
high-resolution feed for front and back video
recording. - Companies are continually innovating, developing
their offerings and leveraging this opportunity.
For instance, Thinkware launched a two-channel
(2CH) dashcam F200 that records in full HD 1080p
with wide dynamic range (WDR) and offers 720p HD
at the rear.
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- Dashboard Camera Market
- Garmin Ltd
- Panasonic Corporation
- Harman International Industries Inc.
- HP Development Company LP
- Amcrest Technology
- Cnslink Ltd
- Cobra Electronics Corporation
- Dod Tech
- Falcon Zero
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Dashboard Camera Market Learn More About the
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ashboard-Camera-Market-Research-503908
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