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. is “Global 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
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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
Global Dashcam Market – By Video Quality
Global Dashcam Market – By Application
Global Dashcam Market – By Distribution Channel
Why Buy This Report-
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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
…………..
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