Global Dashboard Camera Market Analysis, Growth, Trends & Forecast 2018-2023 - ResearchAndMarkets.com
May. 16, 2018
DUBLIN--(BUSINESS WIRE)--May 16, 2018--The "Global Dashboard Camera Market - Segmented by Product Type, Technology, and Region - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
In 2017, the dashboard camera market was valued at USD 2.74 billion, which is expected to reach a value of USD 5.36 billion by 2023, registering a CAGR of about 11.85% during 2018-2023, the forecast period.
Dashboard camera has become one of the important car accessories in many countries, due to the stringent safety regulation imposed by various transport and government authorities.
The number of road traffic accidents are increasing, worldwide, which has led to an increase in the popularity of dash cams. A dash cam footage provides an objective account of crashes when one is involved in a car accident or high-stress events, which can help to speed-up insurance claims and lower insurance costs. Over the past few years, the sales rate of dashboard cameras has been increasing in the UK considering the different advantages it offers. Besides, many dashboard cameras are rechargeable, so they are of use even when the cars are not in motion.
Asia-Pacific holds a major share of the global market, due to the increase in popularity of dashboard cameras among commercial and private vehicle owners. The growth in demand for dash cam comes from countries, like China, Japan, South Korea, Australia, and Others, in which China holds the market share.
Companies MentionedABEO Company Co. Ltd Aiptek Inc. Bulls-I Vehicle Drive Recorders DOD Tec Delphi Automotive Systems Pvt Ltd Garmin international Inc. Hewlett-Packard Harman International industries Inc. LG Corporation Panasonic Corporation Papago Inc. Pittasoft Co. Ltd Qrontech Co. Ltd Steelmate
Key Topics Covered:
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
5. Global Dashboard Camera Market Segmentation
6. Competitive Intelligence - Company Profiles
7. Investment Analysis
8. Future of the Dashboard Camera Market
For more information about this report visit https://www.researchandmarkets.com/research/wt24ch/global_dashboard?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180516005759/en/
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Related Topics:Cameras and Camera Equipment,Car Electronics and GPS
INDUSTRY KEYWORD: TECHNOLOGY AUDIO/VIDEO AUTOMOTIVE OTHER AUTOMOTIVE
SOURCE: Research and Markets
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PUB: 05/16/2018 08:51 AM/DISC: 05/16/2018 08:52 AM