Dashboard Camera setting up a new trend in the security systems
According to a new report published by Reports Monitor titled, “Global Dashboard Cameras Market, Growth Opportunities, Innovations and Forecast, 2017-2025,” the Dashboard Cameras market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025.
Dashboard Camera also termed as black box camera is usually mounted on the windscreen of the vehicles for the continuous monitoring of the road traffic and other activities. Growing number of road accidents and thefts has contributed as a major factor in boosting the market growth. However, the restriction regarding the use of dashboard cameras in some countries such as Austria, Portugal and Belgium may slow down the market growth.
The Global Dashboard Camera Market Professional Survey Report scrutinizes the present scenario and the future growth prospects of the Industry. It covers the market canvas and the growth opportunities in the coming years. The report has been made with an in-depth and detailed analysis along with important inputs from the various industry experts.
The global dashboard camera market is majorly bifurcated on the basis of type and lens technology. Based on the type the dashboard camera market is segmented into: basic, advanced and smart dashboard cameras, while based on the lens technology the market is segmented into: single lens, multi-lens and rear-view mirror camera.
The geographical analysis of the dashboard camera market involves the study across: North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa). The analysis of the above regions depicts that, Asia Pacific is expected to hold the largest market share owing to the increased demand in the in the countries such as China, Japan, South Korea, Australia and others. China dominates the market in Asia Pacific as well as in Global market. North American market is expected to remain stable in the forecast period owing to the strict traffic and regulations.
The major key vendors in the ABF market are: Delphi Automotive Systems Pvt Ltd, Papago Inc., Harman International Inc, Garmin International Inc, Qrontech Co., Ltd. (Lukas), Pittasoft Co. Ltd. (BlackVue), DCS Systems Ltd. (RoadHawk UK), and others
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