Press release
Car Dash Camera Market Accelerates with Rising Demand for Road Safety & Surveillance
Car Dash Camera Market
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Top Key Companies:-
Hewlett-Packard Company, DOD-Tech Co. Ltd., ABEO Company Co. Ltd., Panasonic Corporation, Aiptek Inc., Garmin, LG Corporation, Qrontech Co. Ltd., Pittasoft Co. Ltd., Satechi Baravon, and Bulls-I Vehicle Drive Recorders.
Top impacting factors: Market scenario analysis, trends, drivers and impact analysis
The significant factors impacting the growth of the car dash camera market are increasing number of road accidents and car theft and reforms to mandate the use of cameras in cars. However, recurring costs for buying memory cards is expected to hinder the growth of the car dash camera market. On the other hand, low cost of acquiring the system, along with the benefits associated with their installation and technological up gradation is having a positive impact on the growth of the car dash camera market.
Increase in number of road accidents and car theft
Rise in number of road accidents, insurance frauds, and lack of pedestrian safety across the globe has increased the demand for the car dash camera market. This increasing focus on road & vehicle safety is promoting the market expansion. Furthermore, increasing road accidents has increased the safety features in the vehicles, which reduces the chances of accidents and provides security.
Reforms to mandate the use of cameras in cars
Various reforms for safety and insurance has increased the demand for car dash camera market. Moreover, various insurance organizations encourage vehicle owners to install these cameras so that they can claim insurance and legal protection in case road mishaps and accidents. Along with that, decreasing price of dash cams boosts the global dashboard camera market growth.
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By component
Lens
Battery
G-sensors
Microphone
GPS
By Region
North America (U.S., Canada, Mexico)
Europe (France, Germany, Italy, UK, Rest of Europe)
Asia-Pacific (China, Japan, India, South Korea, Rest of Asia-Pacific)
LAMEA (Latin America, Middle East, Africa)
Key benefits of the report:
This study presents the analytical depiction of the market along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of Car dash camera market share.
The current market is analyzed from 2020 to 2027 to highlight the Car dash camera market growth scenario.
Porter's five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed Car dash camera market analysis based on competitive intensity and how the competition will take shape in coming years.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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