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Exclusive Report on Dashboard Camera Market 2019 | Industry Drivers, Business Plans, Types, Applications, Challenges, Opportunities and Latest Trends Forecast to 2024

Dashboard

The “Dashboard Camera Market” research report 2019 delivers comprehensive information about the market ranging from the establishment to the predictable growth trend. Dashboard Camera market report provides brief analytical data of the market contenders globally using advanced methodological approaches, such as SWOT analysis, production chain, cost, sales margin, financial details, recent developments. Dashboard Camera market report also offers market competitors that includes detailed company profiles along with company product specifications.

Market Overview:

  • The global dashboard camera market was valued at USD 2519 million in 2018, and it is expected to register a CAGR of 15.4%, during the forecast period of 2019-2024. The market studied has expanded rapidly over the last few years, due to a considerable rise in the number of accidents and thefts, which have led to various governments mandating the installation of dashcams.
  • The expansion of the market studied was further supported by the increase in automobile sales, globally. As the automotive sector is evolving consistently, integration of dashcams has become a prominent trend, worldwide.
  • Driving assistance systems have gained popularity recently, owing to the drastic rise in the number of accidental fatalities that have been reported in the last decade. The demand for better assistance systems to categorically judge imminent dangers, and guide drivers has emerged as viable product in the automotive sector.
  • Several insurance companies are contributing to the increase in dashboard camera sales by offering discounts on car insurance premiums to customers. The demand for dashcams is also increasing, as it can reduce insurance frauds or claims by capturing on video events. <

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    In Dashboard Camera Market Report, Following Companies Are Covered:

  • Garmin Ltd.
  • Panasonic Corporation
  • Aiptek Inc.
  • ABEO Company Co. Ltd
  • Harman International Industries, Inc.
  • DOD Tech
  • Papago Inc.
  • Steelmate Automotive (UK) Ltd
  • HP Development Company LP
  • LG Electronics Inc.

    Dashboard Camera Market 2019 report will help the industry aspirants in arranging their strategies. The measurements offered in this report will be an exact and helpful manual to shape the business development. Additionally, will Provide historical data along with a future forecast and detailed analysis and also expected opportunities.

    Scope of the Report:

  • Dashboard Cameras are onboard cameras that continuously record the view through a vehicle’s front windscreen and sometimes rear or other windows. The important benefits of vehicle dash cameras are its accident recording capabilities. It helps to capture vehicle collations on video which ensures that there is always a witness around. Besides, many people have used accident footage to prove that they were not wrong. Dashcams are also placed on truck’ dashboard which help to record front facing videos. Besides, advanced dash cams can record rear views and some are equipped with specialized sensors to support more effective nigh time recordings.

    Reasons for Buying Dashboard Camera Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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    Key Market 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 dash cam systems comprise two cameras with high-resolution feed, for front and rear video recording.

    Companies are continuously innovating, to develop their offerings and leverage this opportunity. For instance, Thinkware launched a two-channel (2CH) dashcam F200 that records in full HD 1080p with wide dynamic range (WDR) and offers 720p HD at the rear. It also has a built-in Wi-Fi functionality, which allows drivers to connect the dash cam directly to their smartphone, to adjust settings and easily download footage.

    China to Witness Highest Growth

    China is expected to overtake the United States as the world’s largest premium car market, creating a significant potential for the growth of the market studied. The Chinese automotive industry is expected to witness rapid technological evolution over the next few years, owing to the ongoing safety trend that is evident in North America and Europe. Particularly in the dashcam market, the country witnessed a 20% rise in sales, in recent years, due to increasing demand from insurance frauds. While the adoption of normal dashcams in the country is high, the manufacturers in the country are providing more enhanced solutions, like modern cameras equipped with Wi-Fi, ADAS, and real streaming media mirror.

    The Research Document Will Answer Following Questions Such as:

    • What are the cutting-edge technologies responsible for driving the growth of the market?
    • What are the main applications of the market? What are the growth prospects to the market applications into the market?
    • At what stage of development are the key market products?
    • What are the shortcomings that has to face to become commercially viable? Is their growth and commercialization dependent on cost declines or technological/application breakthroughs?
    • What is the outlook for the industry?
    • What difference does performance characteristics of Dashboard Camera create from those of established entities?

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    Detailed TOC of Dashboard Camera Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Industry Attractiveness Porter’s Five Force Analysis
    4.2.1 Threat of New Entrants
    4.2.2 Bargaining Power of Buyers/Consumers
    4.2.3 Bargaining Power of Suppliers
    4.2.4 Threat of Substitute Products
    4.2.5 Intensity of Competitive Rivalry
    4.3 Industry Value Chain Analysis
    4.4 Introduction to Market Drivers and Restraints
    4.5 Market Drivers
    4.5.1 Increase in the Automobile Sales
    4.5.2 Favorable Insurance Policies
    4.5.3 Increase in the Number of Road Accidents and Thefts
    4.5.4 Favorable Dashboard Camera Installation Mandates
    4.6 Market Restraints
    4.6.1 Reliability and Privacy Issues
    4.6.2 Laws Restricting the Use of Dashcams in Some Countries

    5 MARKET SEGMENTATION
    5.1 By Technology
    5.1.1 Basic
    5.1.2 Smart
    5.2 By Product Type
    5.2.1 Single-channel
    5.2.2 Dual-channel
    5.2.3 Rear-view
    5.3 Geography
    5.3.1 North America
    5.3.1.1 US
    5.3.1.2 Canada
    5.3.2 Europe
    5.3.2.1 Germany
    5.3.2.2 UK
    5.3.2.3 France
    5.3.2.4 Russia
    5.3.2.5 Italy
    5.3.2.6 Spain
    5.3.2.7 Rest of Europe
    5.3.3 Asia Pacific
    5.3.3.1 India
    5.3.3.2 China
    5.3.3.3 Japan
    5.3.3.4 South Korea
    5.3.3.5 Rest of Asia-Pacific
    5.3.4 Latin America
    5.3.4.1 Argentina
    5.3.4.2 Brazil
    5.3.4.3 Mexico
    5.3.4.4 Rest of Latin America
    5.3.5 Middle East and Africa
    5.3.5.1 Saudi Arabia
    5.3.5.2 South Africa
    5.3.5.3 UAE
    5.3.5.4 Rest of Middle East and Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Garmin Ltd.
    6.1.2 Panasonic Corporation
    6.1.3 Aiptek Inc.
    6.1.4 ABEO Company Co. Ltd
    6.1.5 Harman International Industries, Inc.
    6.1.6 DOD Tech
    6.1.7 Papago Inc.
    6.1.8 Steelmate Automotive (UK) Ltd
    6.1.9 HP Development Company LP
    6.1.10 LG Electronics Inc.

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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