Global Car DVR Market Industry Report 2018: A Comprehensive Research Report about Car DVR Market Including business trends, share, CAGR Growth and Global Market Review from 2017 to 2022

Dublin 2, Ireland, 2018-Jul-12 — The alarming rise in road mishaps and car accidents have rendered car DVRs with an essential tool to improve safety of driver as well as the passengers. Fact.MR’s report offers analysis on The Global Car DVR Market for the Forecast Period 2017 To 2022. The scope of the report is to analyze the global car DVR market for the forecast period 2017 to 2022 and provide readers an accurate, unbiased analysis. Car DVR manufacturers, suppliers, and stakeholders in the overall automotive market can benefit from the insights offered in this report. The comprehensive analysis offered in the report can also be of interest to leading automotive journals and trade magazines.

The next section is an overview of the global car DVR market. This includes the introduction to the market and a standard definition of the product – car DVR. In this section, year-over-year growth and market value is offered to readers. Year-over-year growth gives readers a broader picture on growth patterns during the forecast period.

The next section of the report offers a thorough description of the latest macroeconomic factors that have a bearing on the global car DVR market. Considering the interconnectedness of the car DVR market to global automotive market and, in general, the global economy, readers will get valuable insights on how international developments impact this market.

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Traffic authorities in developed countries have intensified the importance of dashcams in recording events of driving accidents or parking mishaps. In developing regions, poor roadway infrastructure has also compelled governments to promote the use of car DVRs in the interior of vehicles. Significance of recorded evidence in investigation of accidents and vandalism is also serving to be a root proponent for adoption of car DVRs.

Car DVRs are compact cameras connected to the dashboard or the windshield that record the video and store it in digital format. These cameras are prominently used for capturing road mishaps or activities that may have led to such accidents. Videos retrieved from car DVRs are critically useful in accident investigation and crash analysis.

The report highlights the presence of single-channel car DVRs in the global market. Owing to their affordable prices, easy installation and relatively lower data backup requirement, single-channel dashcams are expected to remain dominant in the market, procuring nearly 70% share through 2022. Car owners are actively installing single-channel car DVRs on their windshields to collect evidence for insurance purposes.

While revenues amassed from global sales of single-channel car DVRs are likely to reflect a higher share on the global market, the demand for dual-channel car DVRs is anticipated to grow rapidly. Over the forecast period, dual-channel car DVRs will reflect fastest revenue growth at high CAGR, compelling manufacturers to extend their offerings under this segment.

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Observing the dreadful prevalence of passenger vehicles in road accidents recorded throughout the world, car DVR manufacturers are aware of a higher demand for passenger car owners. In 2017, car DVRs sold for passenger cars are likely to account for more than two-third share of global revenues. The demand for car DVRs in passenger car owners is also expected to boost from aftermarket installations. On the other hand, accidents caused by commercial vehicles are far more calamitous than that of passenger vehicles. The report also projects that by the end of 2022, more than US$ 440 Mn worth of car DVRs sold in the world will be accounted by lightweight and heavy commercial vehicles.  

Higher Traction for Pre-Installed Car DVRs

A key highlight in the report underlines the dominance of OEMs in sales of car DVRs. This indicates that majority of car buyers are opting for vehicles with pre-installed in-built dashcams. In 2017, over US$ 600 Mn worth of car DVRs sold in the global market will be accounted by OEMs. With OEMs being the largest sales channel for car DVRs, the report also anticipates that aftermarket sales of car DVR will gain considerable traction towards the latter half of the forecast period. The aftermarket sales of car DVR are slated to exhibit a 40 BPS gain by 2022 over 2017, reflecting a robust value CAGR.

Competition Tracking

The report has also profiled prominent players in the global market for car DVRs, which include companies such as Honeywell, Panasonic Corporation, Garmin Ltd., Amcrest Technologies, Cobra Electronics Corporation, Lukas, ITronics Group, Hdigital-eye ltd. (VicoVation), WatchGuard Video, Blackvue, PAPAGO Inc., Fine Digital Inc., Qrontech Co. Ltd., ABEO Technology Co., Ltd., and CNSLink.

Table of Contents

Chapter 1 Global Car DVR Market - Executive Summary 25

Chapter 2 Global Car DVR Market Overview 27

2.1 Introduction 27

      2.1.1 Global Car DVR Market Taxonomy 27

      2.1.2 Global Car DVR Market Definition 27

2.2 Global Car DVR Market Size (US$ Mn) and Forecast, 2012-2022 27

      2.2.1 Global Car DVR Market Y-o-Y Growth 27

2.3 Global Automotive Car DVR Market: Macroeconomic Factors 28

      2.3.1 Economic Outlook 28

      2.3.2 Inflation and Deflation 28

2.4 Global Automotive Car Battery Charger Market Dynamics 29

      2.4.1 Drivers 29

              2.4.1.1 Innovations in Technology 29

              2.4.1.2 The Influence of China 29

      2.4.2 Trends 29

              2.4.2.1 Focus on Granular Insights – City-wise Analysis will Replace Region-wise Analysis 29

              2.4.2.2 Rising Complexity Influencing Greater Emphasis on Platformimg 30

2.5 Supply Chain 31

2.6 Cost Structure 31

2.7 Pricing Analysis 31…………………….Continued

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