Automotive Dashboard Camera Market 2019 By Regional Trend & Growth Forecast To 2024
Category: #business  By Partha Ray  Date: 2019-08-13
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Automotive Dashboard Camera Market 2019 By Regional Trend & Growth Forecast To 2024

Global Market Insights, Inc. provides a detailed overview of Automotive Dashboard Camera Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market in conjunction with the geographical landscape, demand spectrum, remuneration scale, and growth graph of this vertical have also been included in this report.

The North America automotive dashboard camera market is expected to grow at a rapid pace due to the high popularity of automobile safety systems and government regulations for the integration of back-up cameras. For instance, the U.S government passed a regulation to mandate the implementation of back-up cameras in all new vehicles in the country from May 2018. India and China are witnessing a high demand for dashboard cameras in recent years, due to the rise in road accidents, insurance frauds, and lack of pedestrian safety in these countries. This increasing focus on road & vehicle safety in Asian countries is promoting the market expansion.

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The automotive dashboard camera market is witnessing significant growth owing to the increasing trend of smart dashboard cameras. The integration of smart cameras with ADAS technology enables analyzing data such as speed & distance of the car in front and further providing alerts to the driver. The demand for smart components is rising owing to their capability of recording ultra HD footage and obstacle detection on roads. Increasing implementation of these devices in autonomous vehicles is fueling the automotive dashboard camera market growth at a rapid pace.

 

The automotive dashboard camera market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD and shipment in Units from 2015 to 2025, for the following segments:

Global Market Segmentation:

By Technology

  • Basic
  • Advanced
  • Smart

By Type

  • Mono channel
  • Dual channel

By Vehicle Type

  • Passenger Cars
  • Utility Vehicles
  • Commercial Vehicles

The utilization of these devices in commercial vehicles has witnessed a high demand in recent years. The increasing implementation of back up cameras in taxis is supporting automotive dashboard camera market growth. These devices are used to monitor vehicle location through its inbuilt GPS modules. They are implemented in commercial vehicles by the training institutes for training new drivers. Technological developments, such as 360-degree cameras, are supporting a higher implementation in commercial vehicles, which will fuel the market growth. The demand for these cameras is attributed to various features such as 360-degree view, park mode detection, night vision, 4G LTE connectivity, etc.
 

A major factor pertaining to the automotive dashboard camera market is the thermal noise of these devices. Noise reduction is essential in automotive systems as the image quality is directly impacted by these parameters. Companies are developing Ethernet cameras, which will reduce the thermal noise to a great extent. These cameras need a memory card for storage space, which will lead to recurring costs for buying memory cards.

Key players operating in the automotive dashboard camera market include Garmin Ltd., Koninklijke Philips N.V., Xiaomi, JVCKENWOOD Corporation, Waylens Inc., Intensity Security, Honeywell International Inc., Valeo SA, and Aptiv PLC. Players in the market are adopting various strategies such as high investments in R&D activities, M&A activities, partnerships, and collaborations to gain a competitive edge, high revenues, and gain leadership. 

Methodology Used in this report: -

our researchers and domain experts use a unique blend of primary and secondary research, with validation and iterations at every stage, in order to minimize deviation and present the most accurate analysis of the industry. The research process begins with extensive data mining, using authentic sources such as trade magazines, technical publications, independent studies along with paid avenues such as ICIS, Hoovers, etc.  Primary objectives of data mining include:

  • Definition and scope of research
  • Market dynamics, growth drivers and industry pitfalls
  • Regulatory and political guidelines for the industry
  • Demographics and statistical data

Market research reports: Key analytical components

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About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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About Author

Partha Ray    

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

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