An Automotive Dashboard Camera (also known as a Dash Cam) is a small, camera-like device that can be mounted on the dashboard of a vehicle and used to record audio and video footage while driving. Dash Cam footage can be used to help drivers prove liability in the event of an accident, provide evidence of reckless driving, or capture unexpected events on the road. Dash Cams are becoming increasingly popular around the world as a way to provide drivers with an extra layer of security and protection.
In recent years, the global Automotive Dashboard Camera market has seen significant growth due to the increasing demand for safety and security solutions. The market is being propelled by factors such as increasing road accidents, increasing adoption of advanced driver assistance systems, and increasing awareness about the benefits of Dash Cams. Other factors such as rising disposable incomes, increasing sales of luxury vehicles, and technological advancements are also contributing to the growth of the market.
The global Automotive Dashboard Camera market is segmented on the basis of vehicle type, product type, sales channel, and region. On the basis of vehicle type, the market is divided into passenger vehicles and commercial vehicles. On the basis of product type, the market is split into single-channel, dual-channel, and multi-channel Dash Cams. On the basis of sales channel, the market is segmented into OEMs and aftermarket. Region-wise, the market is divided into Asia-Pacific, Europe, North America, South America, and Middle East & Africa.
The Asia-Pacific region is expected to be the largest Automotive Dashboard Camera market during the forecast period due to the increasing demand for vehicles, rising disposable incomes, and increasing awareness about the benefits of Dash Cams. The North American and European regions are also expected to experience significant growth during the forecast period.
The global Automotive Dashboard Camera market was valued at US$ 2338 million in 2022 and is anticipated to reach US$ 3676.4 million by 2029, witnessing a CAGR of 6.6% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Automotive Dashboard Camera Market available at: https://www.themarketreports.com/report/global-automotive-dashboard-camera-market-research-report
This report aims to provide a comprehensive presentation of the global market for Automotive Dashboard Camera, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Dashboard Camera.
Global Automotive Dashboard Camera key players include 360 (QIHU), Thinkware, Kenwood, AZDOME, Philips, etc. Global top five manufacturers hold a share about 23%. China is the largest market, with a share about 66%, followed by Japan and North America, both have a share over 20 percent. In terms of product, Single Channel is the largest segment, with a share over 81%. And in terms of application, the largest application is Passenger Vehicle, followed by Commercial Vehicle, etc.
Ask for more details or sample of this report at: https://www.themarketreports.com/report/ask-your-query/1383721
Release by:
Shirish Gupta
Marketing Manager
The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email:sales@themarketreports.com