Car Digital Video Recorder Market Report: Trends, Forecast and Competitive Analysis to 2030

Car Digital Video Recorder Trends and Forecast

The future of the global car digital video recorder market looks promising with opportunities in the basic, advanced, and smart markets. The global car digital video recorder market is expected to reach an estimated $6.0 billion by 2030 with a CAGR of 8.7% from 2024 to 2030. The major drivers for this market are rising vehicle thefts and road accidents, growing awareness regarding safety within vehicles, as well as, technological development in DVRs and smartphones & Wi-Fi connectivity capabilities.

A more than 150-page report is developed to help in your business decisions.

Car Digital Video Recorder by Segment

The study includes a forecast for the global car digital video recorder by channel, technology, and region.

Car Digital Video Recorder Market by Channel [Shipment Analysis by Value from 2018 to 2030]:

• Single Channel
• Dual Channel

Car Digital Video Recorder Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• Basic
• Advanced
• Smart

Car Digital Video Recorder Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Car Digital Video Recorder Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies car digital video recorder companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the car digital video recorder companies profiled in this report include-

• Garmin
• Nextbase
• Pittasoft
• Panasonic
• Cobra Electronics
• DOD Tech
• CNS Link
• Fine Digital
• Thinkware

Car Digital Video Recorder Market Insights

Lucintel forecasts that single channel will remain the largest segment over the forecast period.

APAC is expected to witness higher growth over the forecast period due to concentration of leading vendors in countries like China, Korea, and Taiwan, rising demand for in-vehicle camera systems in the region, as well as, supportive government regulations that encourage the adoption of these camera systems in countries such as India and Korea.

Features of the Global Car Digital Video Recorder Market

Market Size Estimates: Car digital video recorder market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Car digital video recorder market size by channel, technology, and region in terms of value ($B).

Regional Analysis: Car digital video recorder market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different channel, technology, and regions for the car digital video recorder market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the car digital video recorder market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the car digital video recorder market size?

Answer: APAC is expected to witness higher growth over the forecast period due to rising cases of fraudulent insurance will drive the adoption of car dvr in future.

Q.2 What is the growth forecast for car digital video recorder market?

Answer: The global car digital video recorder is expected to grow with a CAGR of 8.7% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the car digital video recorder market?

Answer: The major drivers for this market are rising vehicle thefts and road accidents, growing awareness regarding safety within vehicles, as well as, technological development in DVRs and smartphones & Wi-Fi connectivity capabilities.

Q4. What are the major segments for car digital video recorder market?

Answer: The future of the global car digital video recorder market looks promising with opportunities in the basic, advanced, and smart markets.

Q5. Who are the key car digital video recorder market companies?

Answer: Some of the key car digital video recorder companies are as follows:

• Garmin
• Nextbase
• Pittasoft
• Panasonic
• Cobra Electronics
• DOD Tech
• CNS Link
• Fine Digital
• Thinkware

Q6. Which car digital video recorder market segment will be the largest in future?

Answer: Lucintel forecasts that single channel will remain the largest segment over the forecast period.

Q7. In car digital video recorder market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness higher growth over the forecast period due to concentration of leading vendors in countries like China, Korea, and Taiwan, rising demand for in-vehicle camera systems in the region, as well as, supportive government regulations that encourage the adoption of these camera systems in countries such as India and Korea.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the car digital video recorder market by channel (single channel, and dual channel), technology (basic, advanced, and smart), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?