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Dashcams Market Value Is Estimated to Reach USD 6.9 BN By 2028, With 12.5 % CAGR – Credence Research

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Dashcams Market Value Is Estimated to Reach USD 6.9 BN By 2028, With 12.5 % CAGR – Credence Research

August 04
02:52 2022
Dashcams Market Value Is Estimated to Reach USD 6.9 BN By 2028, With 12.5 % CAGR - Credence Research
The key players in the global dashcam market in terms of value and volume include ABEO Product; Garmin Ltd.; Pittasoft Co. Ltd.; Falcon Zero LLC; Panasonic Corporation; Cobra Electronics Co; and DOD TechDJI.

What is a dashcam?

A dashcam is a small, hand-held camera that you can attach to your car and use as a security camera. Many cars come equipped with them, but if not, you can buy them online or in store. They’re great for recording any accidents or incidents that happen during your commute so you can prove what happened in court later on.

The dashcam market has been growing in popularity for years, and with more and more people using them, it’s no wonder why. The fact is, having a dashcam installed on your car can be an incredibly useful tool. Whether you’re looking to protect yourself against accident lawyers or just want to record your drive in case of an insurance claim, a dashcam can provide peace of mind that you’re safe while on the road.

There are many different types of dashcams available today. Some are capable of recording video footage at high speeds; others only capture still images or both. Some record audio as well, while others don’t. There’s also the matter of storage: some devices have a large internal memory capacity so that they can hold hours of footage before needing to be uploaded to an external hard drive or other storage device; others have a smaller internal memory so that they only hold days’ worth of footage before needing to be uploaded again.

The latest market report published by Credence Research, Inc. isGlobal Dashcam Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028”. The Global Dashcam Market generated revenue of around USD 3.4 Billion in 2021 and is anticipated to grow a CAGR of over 12.5 % during the forecast period from 2022 to 2028 to reach around USD 6.9 Billion in 2028. While cumulative growth opportunity presented by the global Dashcam is around USD 3.9 Billion from 2022 to 2028.

Dashboard cameras are gaining popularity in commercial fleets since their use in police vehicles became well-known. Dashboard cameras offer several advantages, and leading companies in the market are encouraging their installation. These cameras can reduce rising insurance prices by providing crucial information in the event of hit-and-runs, accidents, traffic violations, and insurance fraud. Commercial fleet manufacturers are enabling vehicle protection owing to easily installable features and enhanced technology of Dashcam. 

In addition, there are some government regulations such as those on vehicle insurance that may affect sales of dashcams among consumers. Furthermore, some manufacturers of dashcams face issues with counterfeit products being sold online or elsewhere which can negatively impact their business.

Dashcams Market Scope

Report Attribute

Details

Market Value in 2021

USD 3.4 Billion

Market Value in 2028

USD 6.9 Billion

CAGR

12.5%

Benchmarking Year

2021

Past data

2016 – 2021

Forecast period

2022 – 2028

Click here to get the short-term and long-term impact of COVID-19 on this Market: https://www.credenceresearch.com/report/dashcams-market

The global dashcam market is bifurcated into Technology, Product, Video Quality, Application, Distribution Channel, and Geography. The market is categorized based on technology: basic, advanced and smart. Based on product, the global market is segmented into 1-channel, 2-channel and rear view (front & rear view). Based on video quality, the market is categorized into SD & HD and full HD & 4K. Based on application, the global market is segmented into commercial vehicles and personal vehicles. Based on distribution channels, the global market is segmented into online and in-store. Based on geography, the market is segmented as North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

Segmentation of Global Dashcam Market-

Global Dashcam Market – By Product

  • Basic
  • Advanced
  • Smart

Global Dashcam Market – By Product

  • 1-Channel
  • 2-Channel
  • Rear View (Front & Rear View)

Global Dashcam Market – By Video Quality

  • SD & HD
  • Full HD & 4K

Global Dashcam Market – By Application

  • Commercial Vehicle
  • Personal Vehicle

Global Dashcam Market – By Distribution Channel

  • Online
  • In-store

Why Buy This Report-

  • The report provides a qualitative and quantitative analysis of the global dashcam market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, base year- 2021, and forecast period 2022-2028.
  • The report contains information related to the competitive landscape, which includes company profiles of leading market players, their respective key strategies, SWOT analysis, and portfolio mapping at a global, regional, and country level.
  • In-depth analysis of the global market segmentation based on technology, product, video quality, application and distribution channel.
  • Major countries in each region with their vehicle fleet statistics number of Dashcam installed per 1000 vehicles.
  • The global dashcam market report also includes the analysis of the market at a global, regional, and country level, along with key market trends, major players analysis, market growth strategies, and key application areas.

Browse Full Report with Complete ToC: https://www.credenceresearch.com/report/dashcams-market

Table of Content

1. Preface

1.1. Report Description

1.1.1. Purpose of the Report

1.1.2. Target Audience

1.1.3. USP and Key Offerings

1.2. Research Scope

1.3. Research Methodology

1.3.1. Phase I – Secondary Research

1.3.2. Phase II – Primary Research

1.3.3. Phase III – Expert Panel Review

1.3.4. Approach Adopted

1.3.4.1. Top-Down Approach

1.3.4.2. Bottom-Up Approach

1.3.5. Assumptions

1.4. Market Segmentation

2. Executive Summary

2.1. Market Snapshot: Global Dashcam Market

3. Market Dynamics & Factors Analysis

3.1. Introduction

3.1.1. Global Dashcam Market Value, 2016-2028, (US$ Bn)

3.2. Market Dynamics

3.2.1. Key Growth Trends

3.2.2. Major Industry Challenges

3.2.3. Key Growth Pockets

3.3. Attractive Investment Proposition,2021

3.3.1. Product

3.3.2. Technology

3.3.3. Video Quality

3.3.4. Application

3.3.5. Geography

3.4. Porter’s Five Forces Analysis

3.4.1. Threat of New Entrants

3.4.2. Bargaining Power of Buyers/Applications

3.4.3. Bargaining Power of Suppliers

3.4.4. Threat of Substitute Products

3.4.5. Intensity of Competitive Rivalry

3.5. Value Chain Analysis

4. Market Positioning of Key Players, 2021

4.1. Company market share of key players, 2021

4.2. Top 6 Players

4.3. Top 3 Players

4.4. Major Strategies Adopted by Key Players

5. COVID 19 Impact Analysis

5.1. Global Dashcam Market Pre Vs Post COVID 19, 2019 – 2028

5.2. Impact on Import & Export

5.3. Impact on Demand & Supply

6. North America

6.1. North America Dashcam Market, by Country, 2016-2028(US$ Bn)

6.1.1. U.S.

6.1.2. Canada

6.1.3. Mexico

6.2. North America Dashcam Market, by Product, 2016-2028(US$ Bn)

6.2.1. Overview

6.2.2. 1-Channel

6.2.3. 2-Channel

6.2.4. Others

6.3. North America Dashcam Market, by Technology, 2016-2028(US$ Bn)

6.3.1. Overview

6.3.2. Basic

6.3.3. Advanced

6.3.4. Others

6.4. North America Dashcam Market, by Video Quality, 2016-2028(US$ Bn)

6.4.1. Overview

6.4.2. SD & HD Wipers

6.4.3. Full HD & 4K

6.4.4. Full HD & 4K

6.4.5. Others

6.5. North America Dashcam Market, by Application, 2016-2028(US$ Bn)

6.5.1. Overview

6.5.2. Commercial Vehicle

6.5.3. Personal Vehicle

6.5.4. Others

6.6. North America Dashcam Market, by Sales Channel, 2016-2028(US$ Bn)

6.6.1. Overview

6.6.2. Online

6.6.3. In-store

7. Europe

……..

8. Asia Pacific

……..

9. Latin America

……..

10. Middle East

………

11. Africa

………

12. Global

……..

13. Company Profiles

13.1. ABEO Technology

13.2. Garmin Ltd.

13.3. Pittasoft Co. Ltd.

13.4. Falcon Zero LLC

13.5. Panasonic Corporation

13.6. Cobra Electronics Co

13.7. DOD TechDJI

13.8. SAFE CAMS

13.9. THINKWARE

13.10. Harman International

13.11. LG Innotek

13.12. Others

…………..

Browse Full Report with ToC, List of Figures and List of Tables: https://www.credenceresearch.com/report/dashcams-market

About Us

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, nonlegislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

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