(MENAFN- The Express Wire) Posted on Oct 14 2021 5:31 AM
"According to study Automotive Dashboard Camera market size was USD 1.75 billion in 2018, and expected to reach USD 2.74 billion at CAGR of 20.6% by 2027."
Automotive Dashboard Camera Market Size | 2021 Automotive Industry Analysis By Covid-19 Impact, Share, Trends, Business Growth, Regional Outlook, And Global Forecast To 2027 is latest depth analysis market research study published by Fortune Business Insights. According to study Automotive Dashboard Camera market size was USD 1.75 billion in 2018, and expected to reach USD 2.74 billion at CAGR of 20.6% by 2027. Automotive Dashboard Camera Market is segmented By Technology Type (Basic, Advanced, and Smart), By Channel Type (Single channel and dual channel), By Vehicle Type (Passenger Cars and Commercial Vehicles) and Regional Forecasts, 2020-2027.
Key Companies Studied In Report:
- Koninklijke Philips N.V., (Netherlands)
- Valeo SA (Paris, France)
- Aptiv (Dublin, Ireland)
- Honeywell International Inc. (North Carolina, US)
- Panasonic Corporation (Osaka, Japan)
- Garmin International Inc. (Kansas, US)
- DOD Tech (Taiwan)
- Waylens, Inc. (Massachusetts, US)
- ABEO Company Co., LTD (Taiwan)
- Pittasoft Co. Ltd. (Seongnam-si, Gyeonggi-do, South Korea)
- LG Innotek (Seoul, South Korea)
- PAPAGO Inc. (Taipei, Taiwan)
- Steelmate Automotive (China)
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Automotive Dashboard Camera Market Highlights:
The global automotive dashboard camera market size is projected to reach USD 2.74 billion by 2027, exhibiting a CAGR of 20.6% during the forecast period. Growing number of road accident cases around the world will aid the expansion of this market, states Fortune Business Insights™ in its recent report, titled“Automotive Dashboard Camera Market Size, Share & Industry Analysis, By Technology Type (Basic, Advanced, and Smart), By Channel Type (Single channel and dual channel), By Vehicle Type (Passenger Cars and Commercial Vehicles) and Regional Forecasts, 2020-2027”. The Global Status Report on Road Safety 2018 released by the World Health Organization (WHO) reveals that road accident fatalities account for 1.35 million deaths annually. Road crashes are now the leading cause of death for people between the ages of 5 and 29, with pedestrians, cyclists, and motorcyclists bearing majority of this burden, particularly in developing countries. In response, vehicle-buyers are increasingly demanding superior safety features in automobiles to enable drivers to protect themselves as well as those on the road. This trend, therefore, favors the growth of this market as advanced cameras in vehicles can heighten the awareness of the driver and the passengers, allowing for safer rides.
Persistent Spread of the COVID-19 Infection Worldwide to Impede Market Growth
The automotive dashboard camera market growth is set to contract on account of the unprecedented rate of spread of the coronavirus around the world. Erupting in Wuhan, China in December 2019, the infection has ravaged the world at an alarming speed. The number of COVID-19 cases has risen exponentially since it was first detected outside China and in an effort to contain its transmission governments have imposed nationwide lockdowns, bringing most economic activities to an abrupt standstill. This has had a direct bearing on the global automotive industry, primarily because of China's dominant position in this industry with regard to supply chain and consumption. For instance, Tesla had to close down its new unit in Shanghai, while Volkswagen was compelled to postpone its production across all its plants in China. In Europe, on the other hand, Fiat shut down its production of nearly 600,000 cars annually in Italy as the country has been massively hit by the contagion. Thus, the automotive industry and all markets associated with it are foreseen to go through a rough patch in 2020.
The report on Automotive Dashboard Camera system market size emphasizes on signifying a complete assessment of the market. It contains facts, thoughtful insights, historical information, industry-validated market information, and projections with a suitable set of assumptions and methodology. It offers valuable insights into all the notable developments of the market. It shares a complete overview of all the segments & parts of the market and also provides statistical data on all the regions. It is created after extensive research followed by an all-encompassing analysis to benefit companies, stakeholders, financers, and potential investors. Moreover, it also includes product launches, acquisitions, collaborations & partnerships, and industry developments.
The coronavirus incident has caused colossal loss to several industries across the globe. The governments of several countries have instigated lockdown to thwart the spread of this deadly virus. Such plans have caused disturbances in the production and supply chain. But, with time and resolution, we will be able to combat this stern time and get back to normality. Our well-revised reports will help companies to receive in-depth information about the present scenario of every market so that you can adopt the necessary strategies accordingly.
Our research methodology is robust and includes data triangulation based on bottom-up and top-down approaches. We validated the approximate market number with the help of primary research. Secondary research was conducted to find out detailed information about mergers and acquisitions, collaborations, joint ventures, and agreements. At the same time, we have derived significant information about the market dynamics associated with growth drivers, trends, and obstacles.
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Key questions answered in the report:
- What will the market growth rate of Automotive Dashboard Camera Market in 2027?
- What are the key factors driving the global Automotive Dashboard Camera Market?
- Who are the key manufacturers in Automotive Dashboard Camera Market space?
- What are the market opportunities, market risk and market overview of the Automotive Dashboard Camera Global market?
- What are sales, revenue, and price analysis of top manufacturers of Automotive Dashboard Camera Global market?
- What are sales, revenue, and price analysis by types and applications of Automotive Dashboard Camera Market?
- What are sales, revenue, and price analysis by regions of Automotive Dashboard Camera Market?
Regional Analysis:
Tightening Vehicular Safety Regulations to Stoke Market Growth in North America
Among regions, North America is expected to dominate the automotive dashboard camera market share during the forecast period, primarily owing to the rising stringency of norms governing vehicle and road safety in the US and Canada. Besides this, automakers in the region are actively adopting advanced driver assistance systems (ADAS), which is further fueling the market.
The market size in Europe stood at USD 0.69 billion in 2019 and is anticipated to grow at an impressive rate on account of presence of some of the largest automakers such as BMW and Audi. Moreover, original equipment manufacturers (OEMs) in the region are integrating budget-segment vehicles with advanced dashboard cameras, which in turn is expanding the scope of the market.
- North America (the USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East and Africa (South Africa, GCC and Rest of the Middle East and Africa.
Automotive Dashboard Camera Highlights of the Report:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Supply Chain Analytics market.
- Product Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the market
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Supply Chain Analytics market
Competitive Analysis And Industry News:
Major companies in the global Automotive Dashboard Camera Market are increasingly focusing on research and development activities to create new and innovative products to stay ahead of the competition. Staying on top of market trends and drivers is crucial for decision-makers to hold this emerging opportunity. The study provides information on market trends and development, drivers, capacities, technologies, and the changing investment structure of the Automotive Dashboard Camera Industry.
Get Sample PDF of Automotive Dashboard Camera Market Report, Please Connect with our Sales Team Below:
Name: Mr. Ashwin Arora
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Table of Content:
Introduction 1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
Executive Summary Market Dynamics 3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
Key Insights 4.1 Merger, Acquisitions, and Partnerships
4.2 Distributor Analysis – For Major Players
4.3 Growth and Penetration Analysis
4.4 Porter's Five Forces Analysis
4.5 PEST Analysis
4.6 Vendor Landscape
Global Automotive Dashboard Camera Market Analysis, Insights and Forecast, 2017-2027 5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast – By Charger Type
5.2.1 Fast
5.2.2 Slow/Moderate
5.3 Market Analysis, Insights and Forecast – By Application
5.3.1 Commercial
5.3.2 Residential
5.4. Market Analysis, Insights and Forecast – By Region
5.4.1 North America
5.4.2 Europe
5.4.3 Asia pacific
5.4.4 Rest of the World
6 North America Automotive Dashboard Camera by Country
6.1 North America Automotive Dashboard Camera Sales, Revenue and Market Share by Country
6.1.1 North America Automotive Dashboard Camera Sales and Market Share by Country (2020-2027)
6.1.2 North America Automotive Dashboard Camera Revenue and Market Share by Country (2020-2027)
7 Global Automotive Dashboard Camera Market Insights
5.3 Canada Automotive Dashboard Camera Sales and Growth Rate (2020-2027)
5.4 Mexico Automotive Dashboard Camera Sales and Growth Rate (2020-2027)
8 South America Automotive Dashboard Camera by Country
8.1 South America Automotive Dashboard Camera Sales, Revenue and Market Share by Country
8.1.1 South America Automotive Dashboard Camera Sales and Market Share by Country (2020-2027)
8.1.2 South America Automotive Dashboard Camera Revenue and Market Share by Country (2020-2027)
8.2 Brazil Automotive Dashboard Camera Sales and Growth Rate (2020-2027)
8.3 Argentina Automotive Dashboard Camera Sales and Growth Rate (2020-2027)
8.4 Colombia Automotive Dashboard Camera Sales and Growth Rate (2020-2027)
9 Middle East and Africa Automotive Dashboard Camera by Countries
9.1 Middle East and Africa Automotive Dashboard Camera Sales, Revenue and Market Share by Country
9.1.1 Middle East and Africa Automotive Dashboard Camera Sales and Market Share by Country (2020-2027)
9.1.2 Middle East and Africa Automotive Dashboard Camera Revenue and Market Share by Country (2020-2027)
9.2 Saudi Arabia Automotive Dashboard Camera Sales and Growth Rate (2020-2027)
9.3 Turkey Automotive Dashboard Camera Sales and Growth Rate (2020-2027)
9.4 Egypt Automotive Dashboard Camera Sales and Growth Rate (2020-2027)
9.5 Nigeria Automotive Dashboard Camera Sales and Growth Rate (2020-2027)
10 Automotive Dashboard Camera Market In Developing Countries
11 South America Automotive Dashboard Camera Market Analysis by Countries
12 Competitive Landscape
13 Industry Outlook
13.1 Market Driver Analysis
13.1.2 Market Restraints Analysis
13.1.3 Market Trends Analysis
13.2 Merger, Acquisition and New Investment
13.3 News of Product Release
14 Global Automotive Dashboard Camera Market Forecast
15 New Project Feasibility Analysis
15.1 Industry Barriers and New Entrants SWOT Analysis
15.1.1 Porter's Five Forces Analysis
15.1.2 New Entrants SWOT Analysis
15.2 Analysis and Suggestions on New Project Investment
Continued…
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