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Drive Recorder Market 2027 Global Analysis, Size, Business Growth, Trends and Future Scenario

03-03-2021 08:09 PM CET | Logistics & Transport

Press release from: Allied Market Research

Drive Recorder Market

Drive Recorder Market

Drive recorder is also known as car camera, automotive recorder, driving recorder, and digital video recorder. It is little savvy camcorder that used in vehicles by drivers to secure themselves on account of an accident. The automotive drive recorders are intended to always record video information to removable capacity media, for example, an SD card, hard drive, or others. At the point when dashcams were introduced, these were wired specifically into the vehicle's 12V electrical system. These cameras are majorly used to assist the driver for parking, to assess vehicle performance, for night vision, and to gather critical evidence. Furthermore, they are embedded with advanced computer vision algorithms, which extract meaningful data from the captured images to assist the driver for various purposes, and play a crucial role in advanced driver assistance systems (ADAS).

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Regions covered
North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Russia, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), LAMEA (Latin America, Middle East, and Africa)

Companies covered
Blackvue, Beijing Qihu Keji Co. Ltd., Garmin, LimtechShenzhen First Scene Technology Co., Ltd, Lukas Dashcam, Philips, PAPAGO, DOD Tech, Nextbase UK

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Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
Some of the factors that boost the market growth include innovation in sensors utilized in cameras and assess vehicle performance especially for night vision. However, the high establishment cost of the cameras limits the market development and is anticipated to hamper the growth of the market.

The drive recorder market trends are as follows:

Innovation in sensors utilized in cameras
The security and safety worries among purchasers have expanded immensely, thereby positively affecting the development of the worldwide automotive drive recorder market. The camera sensors are now a vital part of any modern automobile design, serving different purposes. They are instrumental in helping car manufacturers to bring models to market that are safer, more fuel-efficient, and more comfortable to drive. The increase in innovation in the drive record cameras is attracting more manufacturers to adopt the technology in their upcoming models which further boost the growth of the drive recorder market during the forecast period.

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Assess vehicle performance especially for night vision
Nighttime driving is considered to be dangerous and is one of the most challenging driving situations for most drivers. Fatality rates are higher at night than in the day when adjusted for distances traveled, particularly for crashes involving pedestrians and cyclists. Understanding the visibility problems involved in nighttime driving is thus critical, given the increased risk to road safety. The enhanced performance of the drive recorder night vision is assessing the market and is expected to boost the market growth during the forecast period.

Contact:
David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
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India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
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About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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