PUBLISHER: QYResearch | PRODUCT CODE: 1325260
PUBLISHER: QYResearch | PRODUCT CODE: 1325260
Dashcams have recently gained significant popularity due to increasing vehicle accidents. This mainly help the drivers continuously record incidents happening in the front and rear sides of the vehicle and store them in a DVR box placed inside the car. The footage recorded in dashcams benefits legal proceedings, insurance claims, and protection purposes.
The automotive dashboard camera market was valued at US$ 3,075.40 million in 2022 and is projected to reach US$ 4,786.13 million by 2029, at a CAGR of 6.65% during the forecast period (2023-2029). China is the largest market, almost all the vehicle equipped with Dashcams, in 2022, China automotive dashboard camera market size was US$ 1,271.07 million, expect to reach to US$ 1,710.41 million by 2029, trailing a CAGR of -3.39 % through the analysis period. Europe is the promising market and growing fast, valued at US$ 434.82 million, the proportion of the Europe was 14.14% in 2022, and it is predicted that Europe proportion will reach 17.38% in 2029.
The global market is categorized by vehicle type into passenger cars and commercial vehicles. The passenger cars segment includes dashcams installed in passenger cars. These are generally used for safety, insurance, or recording increase of traveling. Also, some parents who fit such cameras in their children's cars due to their children's driving concerns are considered under this segment. Some car ride-sharing platforms using the dashcams to monitor the ride of the consumers to ensure consumer safety during traveling are also covered under this segment. Therefore, the passenger cars segment is anticipated to hold most of the market share during the forecast period. This segment considers the dashcams installed in trucks, buses, or industrial vans. These are installed to prevent false claims, observe drivers, coach drivers, and correct their dangerous driving habits. Driver Monitoring System(DMS) in the cabin-facing camera helps with drowsy or distracted driving. Therefore, dashcams combined with ADAS provide plenty of advantages to fleet managers. Hence, these factors will propel the growth of the dual-channel dashcam segment.
The automotive dashboard camera market is very fragment, key players include: Kenwood, Thinkware, Nextbase, 360 (QIHU), AZDOME, Philips, First Scene, Comtec, Garmin, Yupiteru, JADO, HP Image Solution, Pittasoft, 70Mai, SAST, etc. in 2022, global Top 5 players holds about 22.42% market share.
In terms of production side, this report researches the Automotive Dashboard Camera capacity, production, growth rate, market share by manufacturers and regional level and country level, from 2018 to 2023, and forecast to 2029.
In terms of sales (consumption) side, this report focuses on the sales of Automotive Dashboard Camera by regions (Countries), company, by Type and by Application. from 2018 to 2023 and forecast to 2029.
The global Automotive Dashboard Camera market is thoroughly, accurately, and comprehensively assessed in the report with a large focus on market dynamics, market competition, regional growth, segmental analysis, and key growth strategies. Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Automotive Dashboard Camera market. These figures have been provided in terms of both revenue and volume for the period 2018-2029. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.