Press release
Automotive Dashboard Camera Market 2021 is estimated to clock a modest CAGR status during the forecast period 2021-2027 With Top Countries Data | Panasonic, Garmin, HP, Xiaomi, Pittasoft, LG Innotek
During the projected period of 2021-2027, the "Automotive Dashboard Camera Market" research describes in-depth the demand and consumption of numerous products/services connected to market growth dynamics. In terms of quantity, a complete market assessment of the numerous opportunities in the market segment is made. The Automotive Dashboard Camera market is covered several areas, including constraints, problems, and opportunities, as well as geographical considerations. Customers will benefit from this study because it provides historical and statistically significant data, making it both helpful and instructional.In accordance with the Automotive Dashboard Camera market is set to grow at a CAGR of 21.9% over the forecast period (2021-2027).
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Market Overview:
Dashboard cameras are specialised, compact and portable onboard video recording cameras that are placed inside of the vehicle & record the view through the front windscreen. The demand for these cameras has grown significantly owed to seeking legal protection in case of vehicle collisions and the increasing number of car thefts. The tape from the camera is being used for presenting evidence for the insurance claims and preventing fraud. Moreover, discounts on insurance premiums are being provided by the companies to the cars that are equipped with dashboard cameras which in turn has a positive effect on the demand. The high acceptance of such the latest technology is likely to drive the automotive dashboard camera market growth.
Top Key players operating in the global Automotive Dashboard Camera market are:
Panasonic, Garmin, HP, Xiaomi, Pittasoft, LG Innotek
Recent Development:
March 2020: Garmin LTD announced the launch of its first dual-camera dashcam. This lens also called a ‘cabin view camera’ on the Nextbase series two dashcams, allows users to record what’s going on inside the car with its extremely wide 180-degree angle.
Major Automotive Dashboard Camera Market Types covered are:
Passenger Car
Commercial Vehicle
Major Automotive Dashboard Camera Market Applications covered are:
Single-Channel
Dual-Channel
Rear-View
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North America to Register Significant Growth
North America is expected to witness significant growth led by various companies and startups in the United States starting to make substantial investments to increase their presence and aid the region's adoption rate. Whereas the existing companies are innovating new products to expand the product portfolio to gain market traction and increase their market share.
For instance, Garmin International Inc., launched the new Dash Cam 46/56/66W and the Dash Cam Mini, the latest additions to its popular dashboard camera lineup. The new series includes an ultra-compact design, high-resolution video, an extra-wide view, GPS, and voice control; the drivers can easily find a Garmin dash cam that is tailored to their specific needs
Regional Analysis of Global Automotive Dashboard Camera market:
The Automotive Dashboard Camera Market research gives an in-depth analysis of market growth and other factors in key nations (regions), including:
North America (the United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)
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Table of Contents: Automotive Dashboard Camera Market
- Chapter 1: outline of Automotive Dashboard Camera marketplace
- Chapter 2: worldwide market reputation and forecast through areas
- Chapter 3: worldwide marketplace popularity and forecast by using types
- Chapter 4: worldwide marketplace repute and forecast by using Downstream enterprise
- Chapter 5: marketplace riding issue evaluation
- Chapter 6: market opposition reputation by major producers
- Chapter 7: essential producers Presentation and market data
- Chapter 8: Upstream and Downstream marketplace investigation
- Chapter 9: Fetched and net part investigation
- Chapter 10: advertising reputation research
- Chapter 11: marketplace file end
- Chapter 12: research technique and Reference
Impact of COVID-19 on the Automotive Dashboard Camera Market:
The upward push of COVID-19 has moderated showcase improvement; anyhow, the market is constantly selecting up-tempo due to growing lockdowns. The sudden increment in CAGR is thanks to the request and extension of this marketplace, which is functionality to return to pre-pandemic ranges once the large, is gone.
Customization Available: Global Automotive Dashboard Camera Market
The Global Automotive Dashboard Camera Market report may be modified to meet your specific business needs. because we recognize what our customers want, we provide 25% customization for any of our MID reports at no extra value to all of our customers.
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