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Driving Recorder (Car Dashcam, Dash Cams) Market 2021 Analysis by Global Players and Trends- Philips, Nextbase UK, PAPAGO, DOD, SAST, Garmin, DEC, Qrontech, REXing
Driving Recorder (Car Dashcam, Dash Cams) Market 2021 report helps the clients to take business decisions and to understand strategies of major players in the industry. The report also calls for market- driven results deriving feasibility studies for client needs. Market Insights Reports ensures qualified and verifiable aspects of market data operating in the real- time scenario. The analytical studies are conducted ensuring client needs with a thorough understanding of market capacities in the real- time scenario.The dashboard camera market was valued at USD 2312 million in 2020 and expected to reach USD 7582.3 million by 2026 and grow at a CAGR of 21.9% over the forecast period (2021-2026).
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Top Companies in the Global Driving Recorder (Car Dashcam, Dash Cams) Market: Blackview, First Scene, 360 (QIHU), Philips, Nextbase UK, PAPAGO, DOD, SAST, Garmin, DEC, Qrontech, REXing, HUNYDON, Kehan, JADO, Blackvue, DAZA, iTRONICS, Fine Digital, Cobra Electronics, Cansonic, HP, YI Technology, Auto-vox and others.
Recent Developments:
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.
Key Trends:
Dual-channel Cameras to Witness Major Growth
Multi-lens dashboard cameras represent a lucrative segment to invest in for dashboard camera manufacturers. There has been an increasing preference for dual-channel dashboard cameras over single-channel dashboard cameras.
These cameras are gaining popularity among private and commercial vehicle owners. Dual-channel dashcam systems comprise of two cameras with high-resolution feed, for front and rear video recording.
Further, the introduction of innovative technology applications by the companies is driving the growth of the market. For instance, Thinkware launched its dual-channel Dash Cam F800 Pro, which has improved features over the F800 model. The new dashcam offers enhancements, such as better power management for hard -wired installations and a different color scheme, while retaining the best -in -the - business night capture
With the increasing traffic-related fatalities across the globe, the market is expected to witness positive growth.
Regional Insights:
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.
Market Segmented by Types:
Single Channel Dashcam
Multi-channel Dashcam
Market Segmented by Applications:
Passenger Vehicle
Commercial Vehicle
Regional Analysis:
– North America (United States, Canada, Mexico)
–Europe (Germany, UK, France, Italy, Spain, Russia)
–Asia-Pacific (China, Japan, South Korea, Australia, India)
–South America (Brazil, Argentina, Columbia)
–The Middle East and Africa (UAE, Egypt, South Africa)
Influence of the Driving Recorder (Car Dashcam, Dash Cams) market report:
-Comprehensive assessment of all opportunities and risk in the Driving Recorder (Car Dashcam, Dash Cams) market.
-Driving Recorder (Car Dashcam, Dash Cams) market recent innovations and major events.
-Detailed study of business strategies for growth of the Driving Recorder (Car Dashcam, Dash Cams) market-leading players.
-Conclusive study about the growth plot of Driving Recorder (Car Dashcam, Dash Cams) market for forthcoming years.
-In-depth understanding of Driving Recorder (Car Dashcam, Dash Cams) market-particular drivers, constraints and major micro markets.
-Favorable impression inside vital technological and market latest trends striking the Driving Recorder (Car Dashcam, Dash Cams) market.
Browse full report including (TOC, Company profiles, Types & Applications etc.) @:
https://www.marketinsightsreports.com/reports/06112970131/global-driving-recorder-car-dashcam-dash-cams-market-insights-and-forecast-to-2027?Mode=Dcloe
Important Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth
Finally, Driving Recorder (Car Dashcam, Dash Cams) Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives economic situations with the item value, benefit, limit, generation, supply, request and Market development rate and figure and so on. This report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.
We Also Offer Customization on report based on specific client Requirement:
– Free country Level analysis for any 5 countries of your choice.
– Free Competitive analysis of any 5 key market players.
– Free 40 analyst hours to cover any other data point.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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