PUBLISHER: The Business Research Company | PRODUCT CODE: 1802523
PUBLISHER: The Business Research Company | PRODUCT CODE: 1802523
Dashboard cameras (dashcams) play a crucial role in providing a diverse array of products within the realm of driver-assistance systems, catering to aftermarket needs for road safety solutions. These encompass goods and services traded among entities or sold directly to end consumers.
The primary types of dashboard cameras include 1-channel, 2-channel, 3-channel, and rear rear-view variants. A 1-channel dashboard camera typically features a single-lens or single-camera setup within a vehicle's dashcam system. These cameras employ various technologies categorized as basic, advanced, and smart, utilized across commercial and personal vehicle applications.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The sharp escalation of U.S. tariffs and resulting trade tensions in spring 2025 are significantly affecting the electrical and electronics sector. Key components such as semiconductors, display panels, and rare-earth metals crucial for batteries and motors are now facing heavy duties. Consumer electronics companies are seeing profit margins shrink, as fierce competition makes it difficult to pass on rising costs to consumers. At the same time, industrial electronics firms are experiencing project delays due to shortages of tariff-impacted parts like printed circuit boards. In response, businesses are shifting assembly operations to tariff-exempt nations, building up inventory reserves, and redesigning products to reduce reliance on restricted materials.
The dashboard camera market research report is one of a series of new reports from The Business Research Company that provides dashboard camera market statistics, including dashboard camera industry global market size, regional shares, competitors with a dashboard camera market share, detailed dashboard camera market segments, market trends and opportunities, and any further data you may need to thrive in the dashboard camera industry. This dashboard camera market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The dashboard camera market size has grown rapidly in recent years. It will grow from $4.56 billion in 2024 to $5.41 billion in 2025 at a compound annual growth rate (CAGR) of 18.8%. The growth in the historic period can be attributed to strong economic growth in emerging markets, the increasing number of road accidents globally, the rise in the number of fraudulent insurance claims, and the rising vehicle theft.
The dashboard camera market size is expected to see rapid growth in the next few years. It will grow to $10.86 billion in 2029 at a compound annual growth rate (CAGR) of 19.0%. The growth in the forecast period can be attributed to the rising consumer awareness regarding in-car safety, the increasing sales of electric and hybrid vehicles, the increased adoption of advanced driver assistance systems, and the rapid increase in vehicle production globally. Major trends in the forecast period include a focus on dashcams integrated with telematics systems, fleet tracking technology, smart dashcams for driver assistance and security, product innovations, lte (long-term evolution or 4g)-connected dashcams, lte (long-term evolution or 4g)-connected dashcams and technological advancements.
The forecast of 19.0% growth over the next five years reflects a modest reduction of 0.5% from the previous estimate for this market. This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through supply chain disruptions for compact image sensors and wide-angle lenses, largely imported from South Korea and Japan, increasing costs for automotive safety devices. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.
The rise in road accidents is driving the growth of the dashboard camera market. Distracted driving has become a significant risk and has been a leading cause of car accidents in recent decades. For instance, in May 2023, the Road Trauma Australia, a department of infrastructure, transport, regional development, communications, and the arts, reported that Australia experienced 1,194 road crash fatalities in 2022, which is a 5.8% increase from 2021. Consequently, the rising number of road accidents is expected to boost the growth of the dashboard camera market.
The growing adoption of advanced driver assistance systems (ADAS) is anticipated to further propel the dashboard camera market's growth. An advanced driver assistance system is a technological feature designed to enhance driving safety by reducing the frequency of auto accidents and mitigating the severity of those that cannot be avoided. Some dashcams are equipped with ADAS features that alert drivers in critical situations. For example, they monitor the road to detect if the driver is drifting off course. When combined, ADAS and dash cams can identify dangerous driving behaviors, notifying drivers if the system detects aggressive, distracted, or drowsy driving. According to the National Safety Council, a nonprofit organization in the U.S. promoting health and safety, by 2026, it is projected that at least half of all registered vehicles will be equipped with at least two ADAS. Additionally, around 71% of registered vehicles are expected to have rear cameras, and 60% will feature rear parking sensors. However, only about 13% of registered vehicles are likely to have adaptive headlights, and 17% are expected to be equipped with adaptive cruise control with lane centering by 2026. Therefore, the increasing adoption of advanced driver assistance systems will drive the growth of the dashboard camera market.
The integration of dashcams with telematics systems emerges as a prominent trend in the dashboard camera market. Telematics systems utilize GPS and onboard diagnostics (OBD) to monitor the movements of vehicles, machinery, and other assets, displaying the collected data on a digital map. Commonly known as fleet tracking or GPS vehicle tracking, telematics has become a vital management tool for various private and public fleets. Leading companies in the dashboard camera market are directing their efforts towards the development of dashboard cameras based on telematics systems, aiming to enhance their market position. In June 2023, HCSS, a US-based provider of software for heavy civil businesses, introduced the HCSS ADPlus Fleet Dashcam-a plug-and-play dash camera integrated with an AI processor. This innovative system detects driving incidents such as forward collisions and negligent driver behavior, including phone usage and distractions. Heavy construction organizations can deploy HCSS Dashcams on their fleet vehicles to ensure driver safety and prevent accidents.
Companies in the dashboard camera market are actively engaged in developing new and innovative products to fortify their market presence. For example, in March 2023, BlackVue, a South Korea-based dashcam manufacturer, unveiled the DR770X Box-a triple-camera cloud-compatible dashcam with a separate secure recording unit. Tailored for drivers and fleet owners seeking elevated security and discretion, the DR770X Box features front, interior, and rear cameras linked to a lock-protected Box recording device. The latter can be conveniently stored in the glove box through a coaxial video connection. The interior camera is equipped with infrared LEDs, enabling recording even in complete darkness. Furthermore, the cameras boast Full HD Sony STARVISTM image sensors, ensuring optimal image quality in varying lighting conditions. Additionally, the DR770X Box Truck variant is designed for installation in larger vehicles such as box trucks and buses, featuring an externally mounted rear camera and a fifteen-meter video connection.
In August 2022, Adesso, a leading Germany-based manufacturer specializing in computer peripherals, security cameras, and technology solutions, successfully acquired the MYGEKOGEAR brand from Papago Inc., a prominent US-based company in the field of computers and electronics manufacturing. The financial details of the acquisition were not disclosed. Through this strategic move, Adesso aims to incorporate the complete range of MYGEKOGEAR products into its portfolio. Adesso plans to distribute these products through key partners, including renowned names such as Ingram Micro, TD Synnex, D&H, Staples, Office Depot, CDW, Amazon, Walmart, Best Buy, and Micro Center. Notably, Papago Inc. has gained recognition in the industry for its car dashcam products, which have contributed to its reputation as a notable player in the computer and electronics manufacturing sector.
Major companies operating in the dashboard camera market include JVCKENWOOD Corporation, Panasonic Holdings Corporation, LG Innotek, Garmin International, DigiLife Technologies CO. Ltd, Philips, Pittasoft, Nexar, Falcon Electronics LLC, Nextbase, Huawei Technologies Co, Vantrue, 70mai, Shenzhen Teamspower Electronics Company Ltd, Huizhou Boshijie Technology Co.Ltd, Huizhou Great-Will Industrial Co. Ltd, Shenzhen Ouxiang Electronics Co. Ltd, Shenzhen Ease-Way Tech. Co. Ltd, Qubo Car Dash Camera, F5 WiFi Dash Cam Front, Thinkware, Connixion, Concox, Midland, Osram, MOBOTIX, Blaupunkt, Promwad, Mobius Action Cam, Rexing V1LG, Blackboxmycar, Canada Computers, Jimi IoT, DDPAI, Redtiger, CPPlus, Loconav, Verizon Connect, Krishcom, Zane Wave, Mvp Tech, N Tech Security Systems, Ansari Security Systems, V-ITS, FleetCam, Eyetrust Surveillance, Edacom CC, CAMERA TRAPS.
North America was the largest region in the dashboard camera market in 2024. Europe was the second-largest market in the dashboard camera market. The regions covered in the dashboard camera market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the dashboard camera market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The dashboard camera market consists of sales of mini dashcams, dual-camera dashcams, and infrared night vision dashcams. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Dashboard Camera Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on dashboard camera market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for dashboard camera ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The dashboard camera market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.