Dashboard Camera Market Size, Share & Industry Report | 2031
Dashboard Camera Market Size, Share & Industry Report | 2031
Segments - Dashboard Camera Market by Technology (Basic, Advance, and Smart), Product Outlook (1 Channel, 2 Channel, and Rear-view), Quality (SD & HD and Full HD & 4K), and Region (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
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| Report ID :ICT-SE-3900
| 4.5 Rating
| 63 Reviews
| 202 Pages
| Format :
Report Description
The global dashboard camera market size was valued at USD 2.80 Billion in 2022 and is projected to reach USD 16.64 Billion by 2031, expanding at a CAGR of 21.9% during the forecast period, between 2023 and 2031. Dashboard cameras also known as dash cams or DVRs (digital video recorders) are specialized portable on board cameras that are attached to the inner side of the car on the dashboard or on the windscreen.
Dash cams are used for safety of the vehicle user, to see the cars behind or to record an incident in case of any accident or theft. The dash cam comes in several varieties for different types of usage. It can be used as a rear view camera or to record incidents in front of the car.
It can also be used to record the inside of the car to help in case of theft or for the safety of customers in a taxi. In countries like England, it is mandatory for taxi drivers to use internal dash cams and keep them turned on at all times while providing taxi services.
Dashboard Camera Market Trends, Drivers, Restraints, and Opportunities
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The advancement in dash cams have caused major changes in the quality and cost efficiency, causing a substantial growth of the market.
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Drastic rise in the number of accidental fatalities have increased the popularity of driving assistance systems. The demand for better assistance systems is boosting the market.
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Factors such as increasing number of road accidents and car thefts have increased the market demand.
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The use of dash cam is not legal in some of the countries like Austria and Luxembourg, which act as a hindrance in growth of the market.
Scope of Dashboard Camera Market Report
The report on dashboard camera market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
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Attributes |
Details |
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Report Title |
Dashboard Camera Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Technology (Basic, Advance, and Smart), Product Outlook (1 Channel, 2 Channel, and Rear-view), Quality (SD & HD and Full HD & 4K) |
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Regional Scope |
Asia Pacific, North America, Europe, Latin America, and Middle East & Africa |
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Report Coverage |
Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast |
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Key Players Covered in the Report |
Hewlett-Packard Company (U.S.), DOD-Tech Co. Ltd. (China), ABEO Company Co. Ltd. (Taiwan), Panasonic Corporation (Japan), Garmin (U.S.), LG Corporation (South Korea), Qrontech Co. Ltd. (Korea) |
Dashboard Camera Market Segment Insights
Technology Segment Analysis
Based on technology, the dashboard camera market is segmented into basic, advanced, and smart. The basic dashboard camera segment is estimated to hold major market share during the forecast period. Easy installation and low cost of these devices are anticipated to boost the segment.
The smart dashboard segment is expected to expand at a rapid pace due to increasing demand for advanced driver assistance functionalities including blind-spot detection, lane departure warning systems, and collision avoidance systems.
Product Outlook Segment Analysis
In terms of product outlook, the dashboard camera market is segmented into 1 channel, 2 channel, and rear-view. The rear-view segment is expected to dominate the market with an estimated CAGR of 17% during the forecast period.
These dash cams enable manoeuvring of the vehicle during low speed, primarily during parking or slow curb side driving. Leading vendors in the market are introducing advanced rear-view dash cams featuring a real-time reverse view with parking assist lines.
Quality Segment Analysis
In terms of quality, the dashboard camera market is divided into SD & HD and full HD & 4K. The 4k and full HD segment is expected to hold major market share. The full HD & 4K dashboard cameras feature the capability of recording video footage at a substantially high quality, which could be regarded as admissible evidence by police, legal authorities, and insurance companies.
Regional Segment Analysis
Based on regions, the dashboard camera market is segmented into Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America is expected to hold a large market share. The high disposable income and need for safety and government regulations are the market drivers for this region.
Segments
Technology
- Basic
- Advanced
- Smart
Product Outlook
- 1 channel
- 2 channel
- Rear-view
Quality
- SD and HD
- Full HD and 4K
Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Players
- Hewlett-Packard Company (U.S.)
- DOD-Tech Co. Ltd. (China)
- ABEO Company Co. Ltd. (Taiwan)
- Panasonic Corporation (Japan)
- Garmin (U.S.)
- LG Corporation (South Korea)
- Qrontech Co. Ltd. (Korea)
Competitive Landscape
Key players in the dashboard camera market include Hewlett-Packard Company (U.S.), DOD-Tech Co. Ltd. (China), ABEO Company Co. Ltd. (Taiwan), Panasonic Corporation (Japan), Garmin (U.S.), LG Corporation (South Korea), Qrontech Co. Ltd. (Korea). These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Dashboard Camera Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Dashboard Camera Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Dashboard Camera Market - Supply Chain
4.5. Global Dashboard Camera Market Forecast
4.5.1. Dashboard Camera Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Dashboard Camera Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Dashboard Camera Market Absolute $ Opportunity
5. Global Dashboard Camera Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Dashboard Camera Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Dashboard Camera Demand Share Forecast, 2019-2026
6. North America Dashboard Camera Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Dashboard Camera Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Dashboard Camera Demand Share Forecast, 2019-2026
7. Latin America Dashboard Camera Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Dashboard Camera Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Dashboard Camera Demand Share Forecast, 2019-2026
8. Europe Dashboard Camera Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Dashboard Camera Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Dashboard Camera Demand Share Forecast, 2019-2026
9. Asia Pacific Dashboard Camera Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Dashboard Camera Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Dashboard Camera Demand Share Forecast, 2019-2026
10. Middle East & Africa Dashboard Camera Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Dashboard Camera Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Dashboard Camera Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Dashboard Camera Market: Market Share Analysis
11.2. Dashboard Camera Distributors and Customers
11.3. Dashboard Camera Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. Hewlett-Packard Company (U.S.)
11.4.2. DOD-Tech Co. Ltd. (China)
11.4.3. ABEO Company Co. Ltd. (Taiwan)
11.4.4. Panasonic Corporation (Japan)
11.4.5. Garmin (U.S.)
Methodology
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