About Car Dashcam
A dash cam is a small, windscreen-mounted, designed to record everything in front and in some instances the rear of a driver. It can be a driver’s independent witness when involved in an incident, while also saving drivers money on their insurance. Most dash cams also feature parking mode, which can capture incidents and act as a deterrent against theft and damage. Furthermore, these cameras are majorly used to assist the driver for parking, for night vision, to assess vehicle performance, and to gather critical evidence. Moreover, they are embedded with advanced computer vision algorithms, which extract meaningful information from the captured images to assist the driver for various purposes.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Car Dashcam market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Automation Engineering Inc. (United States), Robert Bosch GmbH (Germany), Continental AG (Germany), Aptiv PLC (Ireland), Stonkam Co., Ltd. (China), Mobileye N.V. (Israel), Autoliv Inc. (Sweden), Magna International Inc. (Canada), OmniVision Technologies (United States) and Valeo (France) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Finedigital Inc. (South Korea) and Garmin Ltd. (Switzerland).
Segmentation Overview
AMA Research has segmented the market of Global Car Dashcam market by Type (Single Lens and Multi Lens) and Region.
On the basis of geography, the market of Car Dashcam has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Vehicle, the sub-segment i.e. Passenger Cars will boost the Car Dashcam market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Basic Dashboard Camera will boost the Car Dashcam market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rise in On-Road Recreational Activities
Market Growth Drivers:
Rise in Demand for Passenger Vehicles Along With Safety and Security Concerns Amongst Consumers and Several Initiatives Taken By Insurance Companies
Challenges:
Strict Laws Imposed Against the Use of Dashcams in Certain Countries
Restraints:
High Installation Cost
Opportunities:
Increasing Demand from Developing Countries such as India and China
Market Leaders and their expansionary development strategies
On Jan 2, 2019 — OmniVision Technologies, Inc., a leading developer of advanced digital imaging solutions, today announced the OV9284, a 1-megapixel global shutter image sensor. This latest addition to OmniVision’s automotive portfolio is ideal for in-cabin camera modules in passenger vehicles, where driver state monitoring (DSM) and passenger-monitoring cameras need to be extremely small and unobtrusive, while complying with stringent safety regulations
Key Target Audience
Manufacturers of Car Dashcam, Suppliers of Car Dashcam Parts, Wholesalers, Distributers and Retailers of Car Dashcam, Automotive Industry, Governmental Bodies and Research Firms
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.