According to the report by Expert Market Research (EMR), the global dashboard camera market is projected to grow at a CAGR of 21.2% between 2024 and 2032. Aided by the heightened emphasis on vehicular safety and a surge in demand for surveillance and security devices, the market is expected to grow significantly by 2032.
Dashboard cameras, commonly known as dash cams, are specialised onboard cameras that continuously record the view through a vehicle’s front windscreen and, in some cases, rear or other windows. The primary function of these devices is to record details of road incidents for insurance and legal purposes. However, they have evolved to encompass a range of features including parking surveillance, GPS tracking, and even driver assistance technologies.
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The burgeoning dashboard camera market demand is primarily fuelled by their increasing adoption in private vehicles and commercial fleets, as it has been mandated by law enforcement agencies in some countries. This surge is partly due to the growing awareness among vehicle owners about the benefits these devices offer in terms of security, legal evidence, and insurance claims. Furthermore, the enhancement of road safety standards globally has led to a spike in demand for these devices.
Several factors are influencing the dashboard camera market outlook. Technological advancements have led to the development of high-definition cameras with improved night vision, wider viewing angles, and enhanced stability, making them more appealing to consumers. Additionally, the integration of advanced features like Wi-Fi and Bluetooth connectivity, cloud storage, and AI-based functionalities such as facial recognition and automatic incident detection has elevated the utility of dash cams.
The legal landscape surrounding dashboard cameras is also playing a pivotal role in shaping the market. In many regions, the use of these devices has been encouraged, and in some cases mandated, by regulatory bodies to ensure greater transparency during road incidents. This regulatory support is complemented by the declining prices of dashboard cameras, making them more accessible to a broader consumer base.
Geographically, the market is experiencing significant growth in regions with high vehicle density and stringent road safety regulations. The Asia Pacific region, in particular, accounts for a significant portion of the dashboard camera market share due to the rapid increase in vehicle ownership and the implementation of supportive regulations in countries like China, Japan, and South Korea. The North American and European markets are also showing considerable growth, driven by the increasing awareness of road safety and the benefits of dashboard cameras.
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Dashboard Camera Market Segmentation
The market can be divided based on technology, resolution, product, application, distribution channel, and region.
Market Breakup by Technology
- Basic
- Smart
- Advanced
Market Breakup by Resolution
- Standard Definition (SD) and High Definition (HD)
- Full HD and Ultra HD (4K)
Market Breakup by Product
- Single Channel
- Dual Channel
- Rear View
Market Breakup by Application
- Commercial Vehicle
- Personal Vehicle
Market Breakup by Distribution Channel
- Offline
- Online
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global dashboard camera market. Some of the major players explored in the report by Expert Market Research are as follows:
- Koninklijke Philips N.V.
- Amcrest Technologies
- CNSLink Ltd.
- Cobra Electronics
- Finedigital INC.
- Garmin Ltd.
- Others
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