IMARC Group’s report titled “Dashboard Camera Market Report by Technology (Basic, Advanced, Smart), Product (1-Channel, 2-Channel, Rear View), Video Quality (SD and HD, Full HD and 4K), Application (Commercial Vehicle, Personal Vehicle), Distribution Channel (Online Stores, In-store), and Region 2024-2032”. offers a comprehensive analysis of the industry, which comprises insights on the global dashboard camera market growth. The global market size reached US$ 3.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 11.2 Billion by 2032, exhibiting a growth rate (CAGR) of 11.9% during 2024-2032.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/dashboard-camera-market/requestsample
Factors Affecting the Growth of the Global Dashboard Camera Industry:
- Rising Road Safety Concerns:
Dash cams provide clear video evidence in the event of a collision or traffic incident. This can be crucial for determining fault, proving the sequence of events, and protecting drivers from wrongful liability claims. With increasing road safety awareness, insurance companies and drivers alike recognize the value of having video footage to support insurance claims. This can help expedite the claims process and reduce disputes, making dash cams a popular choice among drivers. Dash cams help combat insurance fraud by providing indisputable evidence of what occurred during an incident. This is particularly important in cases where fraudulent claims are made by other parties involved in an accident.
- Technological Advancements:
Improvements in camera technology have led to high definition (HD), Full HD, and even 4K video recording capabilities. This ensures clearer and more detailed footage, which is essential for accurate accident documentation and license plate recognition. Enhanced night vision features, including infrared (IR) sensors and advanced image processing, allow dash cams to capture clear video footage even in low-light conditions. This is crucial for recording incidents that occur during nighttime. Many modern dash cams come with built-in GPS functionality, which allows users to track the vehicle’s location, speed, and route. This data can be useful for verifying the context of incidents and providing additional evidence.
- Insurance Benefits:
Many insurance companies offer discounts or reduced premiums for drivers who install dash cams in their vehicles. This financial incentive encourages more drivers to adopt dash cams, as they can offset the cost of the device with lower insurance rates. Dash cams provide clear and reliable video evidence in the event of an accident, which helps in the accurate processing of insurance claims. This reduces the likelihood of disputes and fraud, making insurance claims more straightforward and efficient. In cases of disputed liability, dash cams offer crucial evidence that can determine who was at fault. This helps protect drivers from wrongful claims and ensures that insurance companies can make fair and informed decisions.
Leading Companies Operating in the Global Dashboard Camera Industry:
- ABEO Technology CO. Ltd
- Aiptek International GmbH
- Amcrest Technologies LLC
- CNSLink Ltd.
- Cobra Electronics Corporation (Cedar Electronics Corporation)
- DigiLife Technologies Co. Ltd. (KYE Systems Corp.)
- DOD Technologies Inc
- Garmin Ltd.
- LG Electronics Inc.
- Panasonic Corporation
- Pittasoft Co. Ltd.
- Steelmate Co. Ltd.
Global Dashboard Camera Market Report Segmentation:
By Technology:
- Basic
- Advanced
- Smart
Basic represents the largest segment, which can be accredited to their ability to offer essential recording functionality and capture standard video footage in high definition (HD).
By Product:
- 1-Channel
- 2-Channel
- Rear View
1-Channel holds the biggest market share as it captures video footage from the front of the vehicle.
By Video Quality:
- SD and HD
- Full HD and 4K
SD and HD account for the largest market share due to their cost-effective nature as compared to HD, Full HD, and 4K cameras.
By Application:
- Commercial Vehicle
- Personal Vehicle
Personal vehicle exhibits a clear dominance in the market, driven by the rising focus on enhanced safety.
By Distribution Channel:
- Online Stores
- In-store
In-store accounts for the majority of the market share, which can be attributed to the increasing need to physically inspect products prior to purchase.
By Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Europe enjoys a leading position in the dashboard camera market on account of the rising focus on traffic regulations.
Global Dashboard Camera Market Trends:
There is a growing demand for dash cams with advanced features, such as high-definition recording, night vision, GPS integration, and connectivity with smartphone apps, enhancing overall functionality and user experience. The popularity of dual-channel dash cams, which offer both front and rear recording, is rising as consumers seek comprehensive coverage and increased safety. The integration of cloud storage and Wi-Fi connectivity in dash cams is becoming more common, allowing users to easily store, access, and share video footage remotely. Dash cams equipped with ADAS features, such as collision warnings and lane departure alerts, are gaining traction as they contribute to improved road safety and driver assistance.
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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