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Dashboard Camera Global Market Report 2023

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    Report

  • 200 Pages
  • February 2023
  • Region: Global
  • The Business Research Company
  • ID: 5741694
UP TO OFF until Dec 31st 2023

Quick Summary:

In today's fast-paced, data-driven world, understanding market trends and drivers is essential to stay competitive and capitalize on opportunities. The global dashboard camera market is an evolving industry, and for senior executives looking to make strategic and informed decisions, possessing accurate, detailed, and comprehensive data is crucial.

Our market research report offers such invaluable insights. It examines key aspects of the dashboard camera market, including differentiated product offerings in the driver-assistance systems and aftermarket requirements for road safety solutions. With a growing trend towards vehicle safety and an increasing number of road accidents, dashboard cameras are becoming vital for both commercial and personal use. This report will help you understand this rising demand and its implications for the market.

Business decision-makers need to stay current on market diversification, regional analysis, and industry trends. Our report provides an overview of the geographical footprint of the dashboard camera market, with specific insights into regions such as North America, Europe, Asia-Pacific, and more. Also hoisted in the report, are the various types of dashboard cameras available, alongside an assessment of their pros and cons based on compatibility and technological advancements.

Despite the growth in the market, challenges lie ahead. The impact of the COVID-19 pandemic leading to the shutdown of manufacturing facilities and disruption in automobile production has posed a significant restraint to the market for dashboard cameras. This comprehensive report provides an in-depth look into these potential roadblocks and their influence on the market.

Innovation remains crucial to the continued expansion of the dashboard camera market. The recent launch of dual-camera dash cams, for example, has piqued interest and demonstrated a new potential growth avenue for the industry. By delivering a thorough analysis of market innovations, our industry report gives you the knowledge you need to leverage these developments for your company's strategic advantage.

In conclusion, our market research report offers an encompassing look at the dashboard camera industry's present condition, growth capacity, drivers, restraints, and opportunities. By purchasing this report, your organization will be poised with the essential insights needed to navigate the complex landscape of the global dashboard camera market successfully.

The global dashboard camera market grew from $3.15 billion in 2022 to $3.79 billion in 2023 at a compound annual growth rate (CAGR) of 20.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The dashboard camera market is expected to grow to $7.67 billion in 2027 at a CAGR of 19.3%.

The dashboard camera market consists of sales of mini dashcam, dual-camera dashcams, infrared night vision dashcam. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The dashboard camera (dashcam) are engaged in offering a wide range of products under driver-assistance systems and fulfil the aftermarket requirements for solutions for road safety. Only goods and services traded between entities or sold to end consumers are included.

North America was the largest region in the dashboard camera market in 2022. Europe was the second-largest market in the dashboard camera market. The regions covered in the dashboard camera market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The main types of dashboard cameras are front-facing dashcam, front and rear dashcam, front and interior dashcam, triple-lens dashcam, and miniature dashcam. A front-facing dashcam is a camera that records the front of the windshield. A front and rear dashcam records the front and the rear of the car and includes two video lenses that can record from both lenses at the same time. A front and interior dashcam records the interiors and front of the car. A triple-lens dashcam records the front, inside, and rear of the vehicle simultaneously. Miniature dashcams are small dashcams that can have screens. The dashboard cameras are used in commercial and personal vehicles and are equipped with basic, advanced, and smart technologies.

An increase in the number of road accidents is contributing to the growth of the dashboard camera market. Absentminded driving becomes a larger threat and is a major cause of car accidents over the past decades. For instance, in May 2022, National Highway Traffic Safety Administration, a US-based government agency, has estimated traffic fatalities for 2021, according to estimates, 42,915 individuals died in traffic crashes last year, a 10.5% rise over the 38,824 fatalities in 2020. Therefore, the increase in the number of road accidents is anticipated to boost the growth of the dashboard camera market.

The shutting down of manufacturing facilities during the lockdown, causing a halt in automobile production is expected to restrain the growth of the dashboard camera market. The majority of dashboard camera manufacturers are facing issues due to the closure of automobile industries, which further affects the production of dashboard cameras. For instance, in May 2020, Ford, an American multinational automaker, shut down all European and North American production. Moreover, in March 2020, Fiat Chrysler, PSA Group, and Renault, the three of Europe's huge carmakers declared the closure of 35 manufacturing facilities in total across Europe. As the governments across the afflicted countries have declared lockdowns, a major spurn in the demand and supply cycle network for the dashboard camera manufacturers was experienced due to the mass closure of automobile industries, which in turn affected the growth of the dashboard camera market.

The launch of dual-camera dash cams is gaining popularity in the dashboard cameras market. A dual dash cam can record video footage of the road ahead while also filming the inside of the cab. By recording two feeds simultaneously, a two-way dash cam offers greater coverage and provides greater insight than one front-facing cam. For instance, in January 2020, Garmin Ltd. announced the launch of Garmin Dash Cam Tandem, the company’s first dual-lens dash camera that offers drivers complete video coverage of their surroundings. The high resolution 1440p of the dashcam along with the front-facing camera lens with Garmin Clarity HDR can capture firm footage indicating critical vehicle details. And the interior lens with night vision presents Garmin’s absolute NightGlo technology to record all driver and passenger collaboration, even in the dark.

In November 2020, TFC Financial Management, a US-based firm that recommends strategies to help clients meet their financial goals announced the acquisition of 826 Shares in Garmin Ltd for an undisclosed amount. The acquisition is expected to enhance TFC Financial Management’s new position in shares. Garmin Ltd. is a US-based company that manufactures dash cams, backup cameras, and personal navigation devices designed for cars, trucks, and motorcycles.

The countries covered in the dashboard camera market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The dashboard camera market research report is one of a series of new reports that provides dashboard camera market statistics, including dashboard camera industry global market size, regional shares, competitors with a dashboard camera market share, detailed dashboard camera market segments, market trends and opportunities, and any further data you may need to thrive in the dashboard camera industry. This dashboard camera market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Major players in the dashboard camera market are Panasonic Corporation, ABEO Technology, DOD Tech, Pittasoft Co. Ltd., HP Development Company LP, Cobra Electronics Co., Hewlett-Packard, Harman International Industries Inc., Falcon Zero LLC, 360 (QIHU), Thinkware, DOME Technology, Philips, First Scene, Comtec, SAST, JADO, REXing, Kenwood, Yupiteru, Fine Digital, PAPAGO, Nextbase UK, HUNYDON, Qrontech, DAZA, YI Technology, Aiptek Inc., LG Corp, Qrontech Co. Ltd., and Satechi Baravon.



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Frequently Asked Questions about the Global Dashboard Camera Market

What is the estimated value of the Global Dashboard Camera Market?

The Global Dashboard Camera Market was estimated to be valued at $3.79 billion in 2023.

What is the growth rate of the Global Dashboard Camera Market?

The growth rate of the Global Dashboard Camera Market is 19.3%, with an estimated value of $7.67 billion by 2027.

What is the forecasted size of the Global Dashboard Camera Market?

The Global Dashboard Camera Market is estimated to be worth $7.67 billion by 2027.

Who are the key companies in the Global Dashboard Camera Market?

Key companies in the Global Dashboard Camera Market include Panasonic Corporation, ABEO Technology, DOD Tech, Pittasoft Co. Ltd., HP Development Company LP, Cobra Electronics Co., Hewlett, Packard, Harman International Industries Inc. and Falcon Zero LLC.

Table of Contents

1. Executive Summary

2. Dashboard Camera Market Characteristics

3. Dashboard Camera Market Trends And Strategies

4. Dashboard Camera Market - Macro Economic Scenario
4.1. COVID-19 Impact On Dashboard Camera Market
4.2. Ukraine-Russia War Impact On Dashboard Camera Market
4.3. Impact Of High Inflation On Dashboard Camera Market

5. Dashboard Camera Market Size And Growth
5.1. Global Dashboard Camera Historic Market, 2017-2022, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Dashboard Camera Forecast Market, 2022-2027F, 2032F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market

6. Dashboard Camera Market Segmentation
6.1. Global Dashboard Camera Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Front Facing Dashcam
  • Front And Rear Dashcam
  • Front And Interior Dashcam
  • Triple Lens Dashcam
  • Miniature Dashcam
6.2. Global Dashboard Camera Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Basic
  • Advanced
  • Smart
6.3. Global Dashboard Camera Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Commercial Vehicle
  • Personal Vehicle
7. Dashboard Camera Market Regional And Country Analysis
7.1. Global Dashboard Camera Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Dashboard Camera Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

8. Asia-Pacific Dashboard Camera Market
8.1. Asia-Pacific Dashboard Camera Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Dashboard Camera Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8.3. Asia-Pacific Dashboard Camera Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

9. China Dashboard Camera Market
9.1. China Dashboard Camera Market Overview
9.2. China Dashboard Camera Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
9.3. China Dashboard Camera Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

10. India Dashboard Camera Market
10.1. India Dashboard Camera Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
10.2. India Dashboard Camera Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

11. Japan Dashboard Camera Market
11.1. Japan Dashboard Camera Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11.2. Japan Dashboard Camera Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

12. Australia Dashboard Camera Market
12.1. Australia Dashboard Camera Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12.2. Australia Dashboard Camera Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

13. Indonesia Dashboard Camera Market
13.1. Indonesia Dashboard Camera Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13.2. Indonesia Dashboard Camera Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

14. South Korea Dashboard Camera Market
14.1. South Korea Dashboard Camera Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14.2. South Korea Dashboard Camera Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

15. Western Europe Dashboard Camera Market
15.1. Western Europe Dashboard Camera Market Overview
15.2. Western Europe Dashboard Camera Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15.3. Western Europe Dashboard Camera Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

16. UK Dashboard Camera Market
16.1. UK Dashboard Camera Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16.2. UK Dashboard Camera Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

17. Germany Dashboard Camera Market
17.1. Germany Dashboard Camera Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17.2. Germany Dashboard Camera Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

18. France Dashboard Camera Market
18.1. France Dashboard Camera Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18.2. France Dashboard Camera Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

19. Eastern Europe Dashboard Camera Market
19.1. Eastern Europe Dashboard Camera Market Overview
19.2. Eastern Europe Dashboard Camera Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19.3. Eastern Europe Dashboard Camera Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

20. Russia Dashboard Camera Market
20.1. Russia Dashboard Camera Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20.2. Russia Dashboard Camera Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

21. North America Dashboard Camera Market
21.1. North America Dashboard Camera Market Overview
21.2. North America Dashboard Camera Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21.3. North America Dashboard Camera Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

22. USA Dashboard Camera Market
22.1. USA Dashboard Camera Market Overview
22.2. USA Dashboard Camera Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22.3. USA Dashboard Camera Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

23. South America Dashboard Camera Market
23.1. South America Dashboard Camera Market Overview
23.2. South America Dashboard Camera Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23.3. South America Dashboard Camera Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

24. Brazil Dashboard Camera Market
24.1. Brazil Dashboard Camera Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24.2. Brazil Dashboard Camera Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

25. Middle East Dashboard Camera Market
25.1. Middle East Dashboard Camera Market Overview
25.2. Middle East Dashboard Camera Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25.3. Middle East Dashboard Camera Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

26. Africa Dashboard Camera Market
26.1. Africa Dashboard Camera Market Overview
26.2. Africa Dashboard Camera Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26.3. Africa Dashboard Camera Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

27. Dashboard Camera Market Competitive Landscape And Company Profiles
27.1. Dashboard Camera Market Competitive Landscape
27.2. Dashboard Camera Market Company Profiles
27.2.1. Panasonic Corporation
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. ABEO Technology
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. DOD Tech
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. Pittasoft Co. Ltd.
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. HP Development Company LP
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance

28. Key Mergers And Acquisitions In The Dashboard Camera Market

29. Dashboard Camera Market Future Outlook and Potential Analysis

30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Historic And Forecast Inflation Rates
30.4. Research Inquiries
30.5. About the Publisher
30.6. Copyright And Disclaimer

Executive Summary

Dashboard Camera Global Market Report 2023 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on dashboard camera market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Where is the largest and fastest growing market for dashboard camera? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The dashboard camera market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered

1) By Type: Front Facing Dashcam; Front And Rear Dashcam; Front And Interior Dashcam; Triple Lens Dashcam; Miniature Dashcam
2) By Technology: Basic; Advanced; Smart
3) By Application: Commercial Vehicle; Personal Vehicle

Companies Mentioned: Panasonic Corporation; ABEO Technology; DOD Tech; Pittasoft Co. Ltd.; HP Development Company LP

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Panasonic Corporation
  • ABEO Technology
  • DOD Tech
  • Pittasoft Co. Ltd.
  • HP Development Company LP
  • Cobra Electronics Co.
  • Hewlett-Packard
  • Harman International Industries Inc.
  • Falcon Zero LLC
  • 360 (QIHU)
  • Thinkware
  • DOME Technology
  • Philips
  • First Scene
  • Comtec
  • SAST
  • JADO
  • REXing
  • Kenwood
  • Yupiteru
  • Fine Digital
  • PAPAGO
  • Nextbase UK
  • HUNYDON
  • Qrontech
  • DAZA
  • YI Technology
  • Aiptek Inc.
  • LG Corp
  • Qrontech Co. Ltd.
  • Satechi Baravon

Methodology

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