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High-end consumer preference towards Car DVR Market likely to boost growth during 2017-2022 | Key Players are WatchGuard Video, Blackvue, PAPAGO Inc, etc.

08-16-2019 12:07 PM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

High-end consumer preference towards Car DVR Market likely

In order to dissert the market scenario prevailing across the car DVR market sector, FactMR has evenly presented a comprehensive analysis report on car DVR market to its extensive online repository. With all vital market facets enclosed into this single assessment, readers can learn about different market drivers, opportunities and trends which are likely to influence the overall market space for the car DVR market in the coming years. In addition, factors such as market size, Y-o-Y growth and revenue share are investigated so as to make this research highly authentic and reliable.

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Functional optimization of car DVR devices is currently attracting R&D efforts of several companies, including leading automotive electronics manufacturers. ON Semiconductor, one of the Fortune 500 semiconductor suppliers, has recently registered a successful attempt of the incorporation of image sensors into in-car DVRs with an objective to achieve enhanced functionality. The company’s AR0237AT image sensor, which is the latest version of its AR0237 2.1-Mpixel CMOS image sensor, has been optimized for bespoke deployment in the in-built dash cam. This image sensor added to an OEM-fitted in-car DVR provides a still image capture, in addition to full HD quality video recording. Furthermore, its coupling with the DVR processor also offers a unique filter and low-light performance – attributed to the company’s Clarity+ technology. This technology allows optimization of the SNR (signal-to-noise ratio) of automotive imaging, responsible for a surplus 2x increased light capturing capability.

Multi-channel, Multi-functional Car DVR for Connected Cars: Enabling Car DVR Market to Keep in Pace with Connected Car Technology Space

While IoT and IoE enabled vehicles, and connected car and autonomous driving technologies are supposed to be stepping out of their infancy anytime soon, the applicability of automotive electronic devices such as car DVR is most likely to gear up in full speed. With emergence of a heap of applications in futuristic on-road cars and a pool of untapped safety and security concerns associated with the implementation of car DVRs, the global car DVR market is expected to witness multiple opportunities in terms of car DVR security and vulnerability.

For instance, FossilShale – a leading embedded systems design innovator, has brought to the market a complete range of dual and multi-channel, HD resolution, real-time car DVR offerings – specifically designed for connected cars, which claim to possess cumulative capabilities such as accurate object detection, vision, and long and short-range RADAR. Moreover, recently registered innovations such as cloud supported wireless mini-car DVR that has an HD 4G camera are believed to be the game changers in the automotive surveillance sector.

Competition Analysis: Global Car DVR Market Landscape

For better understanding of the intensity of competition and comprehending a broader view of the key focus enabling companies to survive the competitive scenario in the global car DVR market landscape, the report on car DVR market provides an all-inclusive picture of the market competition. While this section of the report covers company profiles, financials, and strategic developments of some of the leading market players, it aims to offer an added value to the strategic efforts of key players across the value chain in car DVR market.

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 are among the key companies that have been covered in the competition tracking section of car DVR market report. While a majority of the competitors in the global car DVR market landscape are including product offerings that come as in-built DVRs, many are concentrating their strategic efforts in the aftermarket sales segment of the car DVR market. Some of the key players are considering extension of their existing offerings with bespoke and scalable car VDR solutions to meet evolving car DVR requirements of Tier 1 suppliers, OEMs, and leading aftermarket product manufacturers.

Observing swelling demand for low-priced car DVR installations among consumers based in emerging economies, companies are investing in the development of affordable pricing strategy. Moreover, sustained traction for single-channel car DVR devices will continue to prompt manufacturers to continue technology innovations in single-channel car DVRs throughout the forecast period.

About the Report: Global Car DVR Market

A newly published research study on car DVR market provides a comprehensive assessment of the global car DVR market within the five-year timeline, 2017-2022. The approximately US$ 1 Bn market for car DVR will possibly reach US$ 1.5 Bn towards the end of 2022, witnessing an impressive expansion at 7.5% CAGR over 2017-2022. The report offers insightful information on each aspect associated with the performance of car DVR market, at a regional as well as global level. With valuable strategic insights on key market dynamics, taxonomical analysis, examination of the most actionable market opportunities, and analysis of the most trendsetting and profitable technological innovations, the report aims to help businesses in the car DVR market arrive at a decisive strategic point.

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Market Definition: Car DVR Market

Compact camera devices that are usually connected to the car dashboard or the windshield are referred to as car DVR (digital video recorder). Car DVRs are installed in interiors or exteriors of cars with an intent of recording videos that are later stored in a digital format. Prominently used for recording video evidences that may be of help in cases of accidents or road mishaps and in insurance demands, car DVRs play a vital role in investigations of road accidents and on-road disputes, and in crash analysis.

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FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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