"The Rise of Dashboard Cameras Market Fueled by the Surge in Electric and Hybrid Vehicle Sales || JVCKENWOOD Corporation, Panasonic Holdings Corporation, LG Innotek "

As per The Business Research Company's Dashboard Camera Opportunities And Strategies Market Report 2023, the global dashboard camera market reached a value of nearly $3,150.3 million in 2022, having grown at a compound annual growth rate (CAGR) of 13.0% since 2017. The market is expected to grow from $3,150.3 million in 2022 to $7,751.5 million in 2027 at a rate of 19.7%. The market is then expected to grow at a CAGR of 19.1% from 2027 and reach $18,602.0 million in 2032.

Increased sales of electric and hybrid vehicles are expected to propel the growth of the dashboard camera market going forward. Electric vehicles are types of vehicles that are designed to be more environmentally friendly and energy-efficient compared to traditional internal combustion engine vehicles. For instance, in September 2022, according to the International Energy Agency, a France-based autonomous intergovernmental organization, sales of electric vehicles nearly doubled to 6.6 million in 2021 compared to 2020, which is almost 9% of sales share, and increased by 4 % points in 2021, increasing the total number of electric vehicles on the road to 16.5 million. Therefore, the increasing sales of electric and hybrid vehicles will drive the demand for the dashboard camera market

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Major companies operating in the dashboard camera market are focused on fleet tracking technology to grow in the market. For instance, in May 2023, CallPass, a US-based provider of innovative asset and fleet tracking solutions, launched the LANA Fleet Mobile App, a fleet tracking dash camera mobile app that unleashes the capabilities of the LANA Fleet platform for your smartphones and tablets. Businesses can manage their fleets on the go from anywhere with a robust mobile application created expressly to meet the demands of commercial fleets. It provides an unmatched degree of convenience, safety, and efficiency.

The top opportunities in the dashboard camera market segmented by type will arise in the 1-channel segment, which will gain $3,027.3 million of global annual sales by 2027. The top opportunities in the dashboard camera market segmented by technology will arise in the basic segment, which will gain $3,032.7 million of global annual sales by 2027. The top opportunities in the dashboard camera market segmented by application will arise in the personal vehicle segment, which will gain $3,089.3 million of global annual sales by 2027. The dashboard camera market size will gain the most in China at $920.4 million.

Dashboard Camera Market Segmentation:
The dashboard camera market is segmented by type, by technology and by application.
By Type -
a) 1-Channel
b) 2-Channel
c) 3-Channel
d) Rear View

By Technology -
a) Basic
b) Advanced
c) Smart.

By Application -
a) Commercial Vehicle
b) Personal Vehicle.

Major players in the dashboard camera market include JVCKENWOOD Corporation, Panasonic Holdings Corporation, LG Innotek, Garmin International, DigiLife Technologies CO., Ltd.

The regions covered in the global dashboard camera market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The latest report from The Business Research Company, 'Global Dashboard Camera Opportunities And Strategies Market Report - Forecast To 2032,' provides a comprehensive global perspective with data and statistics from 60+ geographies, analyzing 7000+ market segments. The regional and country breakdowns section offers insights into each geography's market analysis, size, historic and forecast growth, and key strategies for industry competitiveness.

Dashboard Camera Market Report Table Of Content
1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
…………
20. Key Mergers And Acquisitions
21. Opportunities And Strategies
22. Dashboard Camera Market, Conclusions And Recommendations
23. Appendix

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