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Automotive Dashboard Camera Market to record USD 3.89 Bn growth; Driven by increasing adoption of multi-channel dashboard cameras -- TechnavioNEW YORK, Oct. 4, 2022 /PRNewswire/ -- The "Automotive Dashboard Camera Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2021-2025" report by Technavio expects the market size to grow by USD 3.89 billion between 2020 and 2025. The market observed a YOY growth of 19.71% in 2021 and the growth momentum is expected to accelerate at a CAGR of 27.48% during the forecast period. The report provides a comprehensive analysis of the market size, current market scenario, future growth opportunities, new product launches, and growth strategies adopted by vendors. Read Sample PDF Report Before Purchasing The global automotive dashboard camera market is fragmented. The market comprises some well-established players that are involved in the production of automotive dashboard cameras for end-users across the globe. These manufacturers are making significantly high investments in R&D to introduce better products into the market and expand their customer base. Vendors in the market are strengthening their position with the help of strategies like mergers and acquisitions (M&A) or strategic partnerships. As market growth over the next five years is expected to remain fairly high, the competitive rivalry among market vendors will remain limited. The report identifies DOD Tech, Garmin Ltd., HP Inc., JVCKENWOOD Corp., Nextbase, Panasonic Corp., PAPAGO Inc., Pittasoft Co. Ltd., Samsung Electronics Co. Ltd., and Xiaomi Corp. as market participants. Although the increasing adoption of multi-channel dashboards will offer immense growth opportunities, the inconsistent quality of automotive dashboard cameras will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Request Sample Report Here Automotive Dashboard Camera Market 2021-2025: Segmentation The global automotive dashboard camera market is segmented as below:
The passenger cars segment accounted for the maximum revenue generation in the market in 2021. The growing focus by insurance firms on the adoption of dashboard cameras to prevent insurance fraud is driving the growth of the segment. The market growth in the segment will be significant over the forecast period.
About 35% of the market growth will originate in North America during the forecast period. The regional market is driven by the increasing incidents of road rage and unsafe driving behavior. Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. Our automotive dashboard camera market report covers the following areas:
Automotive Dashboard Camera Market 2021-2025: Vendor Analysis We provide a detailed analysis of around 25 vendors operating in the automotive dashboard camera market, including some of the dominant vendors. Backed with competitive intelligence and benchmarking, our research reports on the automotive dashboard camera market are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support. Automotive Dashboard Camera Market 2021-2025: Key Highlights
Related Reports:
Table Of Contents: Executive Summary Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contact Technavio Research View original content to download multimedia:https://www.prnewswire.com/news-releases/automotive-dashboard-camera-market-to-record-usd-3-89-bn-growth-driven-by-increasing-adoption-of-multi-channel-dashboard-cameras--technavio-301639362.html SOURCE Technavio |