Dashcams Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2022, the Dashcams market was valued at US$ 1,527.5 Mn in 2014, and is expected to reach US$ 5,536.5 Bn by 2022, expanding at a CAGR of 5.8% from 2015 to 2022.
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Market Insights:
The market for dashcams is growing rapidly with increasing awareness about the benefits of dashcams particularly among the private vehicle owners. In addition, dashcams are widely used by taxi and bus drivers, driving instructors, police officers and many others to capture real time driving incidences. Dashcams provides straight to point and efficient evidence in case of accidents to easily identify the fault of driver. Drivers can use this footage in court to prove their innocence, and claims repair cost for other driver who found guilty in the video.
These footages are also accepted by some insurance companies as such video footages help them to identify fraud claims and reduce operational costs required for claim processing. In addition, parents can install multi lens dashboard camera to take the footages of in-car driver activities of teen age drivers. Moreover, dashcam footages are also useful for drivers to save them corrupted police.
In Russia, most of private vehicle owners have installed dashcams to protect themselves from corrupted police offices. Dashcams are also used for taking videos through the journey. After the growing popularity of meteor shower videos published by Russian motorist, the demand for dashcams is increased in the U.S. and UK. In addition, news on dashboard camera by recognised news channels such as BBC, Daily Mail and others. The market for dashcam is expected grows further with increasing awareness about this technology and adoption of dashcams particularly among private vehicle owners.
The market for dashcams is growing rapidly with increasing awareness about the benefits of dashcams particularly among the private vehicle owners. In addition, dashcams are widely used by taxi and bus drivers, driving instructors, police officers and many others to capture real time driving incidences. Dashcams provides straight to point and efficient evidence in case of accidents to easily identify the fault of driver. Drivers can use this footage in court to prove their innocence, and claims repair cost for other driver who found guilty in the video.
These footages are also accepted by some insurance companies as such video footages help them to identify fraud claims and reduce operational costs required for claim processing. In addition, parents can install multi lens dashboard camera to take the footages of in-car driver activities of teen age drivers. Moreover, dashcam footages are also useful for drivers to save them corrupted police.
In Russia, most of private vehicle owners have installed dashcams to protect themselves from corrupted police offices. Dashcams are also used for taking videos through the journey. After the growing popularity of meteor shower videos published by Russian motorist, the demand for dashcams is increased in the U.S. and UK. In addition, news on dashboard camera by recognised news channels such as BBC, Daily Mail and others. The market for dashcam is expected grows further with increasing awareness about this technology and adoption of dashcams particularly among private vehicle owners.
Competitive Insights:
The global dashcam camera is dominated by manufacturers in Asia Pacific region particularly from South Korea, Taiwan, Japan and China. The market competition is expected to increase in the future as recognized players such as Garmin, Panasonic, Hewlett-Packard and other recognized players looking to diversify their presence in this growing market. Papago Inc is recognized as a global leader in the dashcam market and sells its dashcams in China, Russia, Australia, US and Europe.
The global dashcam camera is dominated by manufacturers in Asia Pacific region particularly from South Korea, Taiwan, Japan and China. The market competition is expected to increase in the future as recognized players such as Garmin, Panasonic, Hewlett-Packard and other recognized players looking to diversify their presence in this growing market. Papago Inc is recognized as a global leader in the dashcam market and sells its dashcams in China, Russia, Australia, US and Europe.
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Key Trends:
• Rising awareness about the benefits of dashcams
• Automobile manufacturers are looking forward to integrated dashcams in their vehicles for competitive offerings
• Dashcams manufacturers are focusing on providing advanced and packaged solutions
• Incentives and discounts from vehicle insurance companies to install dashcams
• Reducing Dashcam Prices"
• Rising awareness about the benefits of dashcams
• Automobile manufacturers are looking forward to integrated dashcams in their vehicles for competitive offerings
• Dashcams manufacturers are focusing on providing advanced and packaged solutions
• Incentives and discounts from vehicle insurance companies to install dashcams
• Reducing Dashcam Prices"
Chapter 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 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Approach Adopted
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 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Approach Adopted
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Dashcam Market
2.2 Global Dashcam Market, By Product Type, 2014
2.3 Global Dashcams Market, By Technology
2.4 Global Dashcams Market, By Geography
2.1 Market Snapshot: Global Dashcam Market
2.2 Global Dashcam Market, By Product Type, 2014
2.3 Global Dashcams Market, By Technology
2.4 Global Dashcams Market, By Geography
Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global Dashcam Market Revenue and Growth, 2013 – 2022, (US$ Bn) (Y-o-Y %)
3.2 Market Inclination Insights
3.2.1 Technology Development
3.2.2 Legal and Illegal Issues in Installation of Dashcam
3.2.3 Aftermarket vs OEMs Market
3.3 Market Drivers
3.3.1 Incentives and Discounts from Insurance Companies
3.3.2 Rising Awareness about Dashcams
3.4 Market Growth Inhibitors
3.4.1 Limitations on Installations of Dashcams in Some European Countries
3.5 See-Saw Analysis
3.5.1 Impact Analysis of Drivers and Restraints
3.6 Attractive Investment Proposition
3.7 Dashcam Industry - PESTEL Analysis
3.8 Competitive Analysis
3.8.1 Market Positioning of Key Vendors
3.1 Introduction
3.1.1 Global Dashcam Market Revenue and Growth, 2013 – 2022, (US$ Bn) (Y-o-Y %)
3.2 Market Inclination Insights
3.2.1 Technology Development
3.2.2 Legal and Illegal Issues in Installation of Dashcam
3.2.3 Aftermarket vs OEMs Market
3.3 Market Drivers
3.3.1 Incentives and Discounts from Insurance Companies
3.3.2 Rising Awareness about Dashcams
3.4 Market Growth Inhibitors
3.4.1 Limitations on Installations of Dashcams in Some European Countries
3.5 See-Saw Analysis
3.5.1 Impact Analysis of Drivers and Restraints
3.6 Attractive Investment Proposition
3.7 Dashcam Industry - PESTEL Analysis
3.8 Competitive Analysis
3.8.1 Market Positioning of Key Vendors
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Chapter 4 Global Dashcams Market Analysis, By Product Type
4.1 Overview
4.2 Pac-Man Analysis
4.3 Basic Dashcams
4.3.1 Global Basic Dashcams Market Revenue and Volume, 2013 – 2022, (US$ Mn and Thousand Units)
4.4 Advanced Dashcams
4.4.1 Global Advanced Dashcams Market Revenue and Volume, 2013 – 2022, (US$ Mn and Thousand Units)
4.1 Overview
4.2 Pac-Man Analysis
4.3 Basic Dashcams
4.3.1 Global Basic Dashcams Market Revenue and Volume, 2013 – 2022, (US$ Mn and Thousand Units)
4.4 Advanced Dashcams
4.4.1 Global Advanced Dashcams Market Revenue and Volume, 2013 – 2022, (US$ Mn and Thousand Units)
Chapter 5 Global Advanced Dashcams Market Analysis, By Technology
5.1 Overview
5.2 Pac-Man Analysis
5.3 Single Channel Dashcams
5.3.1 Global Single Channel Dashcams Market Revenue and Volume, 2013 – 2022, (US$ Mn and Thousand Units)
5.4 Multi-channel Dashcams
5.4.1 Global Multi Channel Dashcams Market Revenue and Volume, 2013 – 2022, (US$ Mn and Thousand Units)
5.1 Overview
5.2 Pac-Man Analysis
5.3 Single Channel Dashcams
5.3.1 Global Single Channel Dashcams Market Revenue and Volume, 2013 – 2022, (US$ Mn and Thousand Units)
5.4 Multi-channel Dashcams
5.4.1 Global Multi Channel Dashcams Market Revenue and Volume, 2013 – 2022, (US$ Mn and Thousand Units)
Chapter 6 North America Dashcams Market Analysis
6.1 Overview
6.1.1 North America Dashcams Market Revenue and Growth, 2013 – 2022, (US$ Mn and Thousand Units)
6.2 North America Dashcams Market Analysis, By Product Type, 2013 – 2022 (US$ Mn and Thousand Units)
6.2.1 SRC Analysis
6.3 North America Dashcams Market Analysis, By Technology, 2013 – 2022 (US$ Mn and Thousand Units)
6.3.1 SRC Analysis
6.4 North America Dashcams Market Analysis, By Country, 2013 – 2022 (US$ Mn)
6.1 Overview
6.1.1 North America Dashcams Market Revenue and Growth, 2013 – 2022, (US$ Mn and Thousand Units)
6.2 North America Dashcams Market Analysis, By Product Type, 2013 – 2022 (US$ Mn and Thousand Units)
6.2.1 SRC Analysis
6.3 North America Dashcams Market Analysis, By Technology, 2013 – 2022 (US$ Mn and Thousand Units)
6.3.1 SRC Analysis
6.4 North America Dashcams Market Analysis, By Country, 2013 – 2022 (US$ Mn)
Chapter 7 Europe Dashcams Market Analysis
7.1 Overview
7.1.1 Europe Dashcams Market Revenue and Growth, 2013 – 2022, (US$ Mn and Thousand Units)
7.2 Europe Dashcams Market Analysis, By Product Type, 2013 – 2022 (US$ Mn and Thousand Units)
7.2.1 SRC Analysis
7.3 Europe Dashcams Market Analysis, By Technology, 2013 – 2022 (US$ Mn and Thousand Units)
7.3.1 SRC Analysis
7.4 Europe Dashcams Market Analysis, By Country, 2013 – 2022 (US$ Mn)
7.1 Overview
7.1.1 Europe Dashcams Market Revenue and Growth, 2013 – 2022, (US$ Mn and Thousand Units)
7.2 Europe Dashcams Market Analysis, By Product Type, 2013 – 2022 (US$ Mn and Thousand Units)
7.2.1 SRC Analysis
7.3 Europe Dashcams Market Analysis, By Technology, 2013 – 2022 (US$ Mn and Thousand Units)
7.3.1 SRC Analysis
7.4 Europe Dashcams Market Analysis, By Country, 2013 – 2022 (US$ Mn)
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