Global Vehicle mounted Camera
Market Report
2024
The Global Vehicle Mounted Camera market was valued at USD 5.60 billion in 2022 and is projected to reach USD 15.21 billion by 2030, registering a CAGR of 13.3% for the forecast period 2023- 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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The Global Vehicle Mounted Camera market was valued at USD 5.60 billion in 2022 and is projected to reach USD 15.21 billion by 2030, registering a CAGR of 13.3% for the forecast period 2023- 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Vehicle mounted Camera Market Sales Revenue 2022 | $ 5.6 Billion |
Global Vehicle mounted Camera Market Sales Revenue 2030 | $ 15.21 Billion |
Global Vehicle mounted Camera Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 13.3% |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Vehicle mounted Camera industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Vehicle mounted Camera Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Small video cameras, also referred to as dash cams or car cameras, are typically positioned on a vehicle's dashboard, windscreen, or rearview mirror. These cameras are made to capture images of the area around the car while it is moving or stationary. In cases of crashes or accidents, dashcams can give critical evidence. The videotape can be used to establish liability and support insurance claims. When the car is parked, these cameras can prevent theft, vandalism, and other illegal activity. They can record ominous activity and function as a deterrent to potential offenders. Some insurance providers provide unique rates or discounts for cars with dash cams.
Reviewing events, assisting with driver training, monitoring driver performance, tracking safety improvements over time, enhancing road safety, and combating false claims are just a few advantages of this camera. increasing your responsibility to drivers, lowering the possibility of vehicle damage, and decreasing insurance costs.
Growing incidences of road accidents will impact Vehicle Mounted Camera Market
The growing incidences of road accidents are a concerning global issue with multiple contributing factors. While vehicle-mounted cameras can help in documenting and understanding these accidents, it is crucial to address the broader causes and work toward prevention. For instance, according to the Ministry of Road Transport & Highways, during the year 2021, a total number of 4,12,432 road accidents have been reported in the country, claiming 1,53,972 lives and causing injuries to 3,84,448 persons. In addition, the National Highway Traffic Safety Administration has released its latest projections for traffic fatalities in 2022, estimating that 31,785 people died in traffic crashes in the first nine months of the year.
The vehicle-mounted camera is one of the important tools to enhance safety and security on the roads. Vehicle-mounted cameras provide a sense of protection and reassurance to drivers by recording potential accidents, road rage incidents, and other dangerous situations. This footage can serve as evidence and aid in resolving disputes. In addition, vehicle-mounted cameras play a crucial role in documenting accidents. They provide an objective and unbiased account of the events leading up to a collision, which can be helpful for insurance claims, legal proceedings, and police investigations. Dash cam footage can provide a clearer understanding of the circumstances surrounding an accident and assist in determining liability.
The growing interest in carpooling among millennials is also expected to impact the vehicle-mounted camera market
While dash cams are available at various price points, higher-quality cameras with advanced features can be relatively expensive. The cost of purchasing and installing a high-quality dash cam, along with potentially recurring costs for storage or data plans, may be a deterrent for individuals on a tight budget.
Sales of new cars were severely impacted by COVID-19, particularly in the month of February 2020. For instance, new vehicle sales in China decreased by 92% in February. Additionally, total car sales in European nations decreased by 7.4% from the previous year. Therefore, the pandemic in 2020 had an impact on the sale of cameras for vehicles as well. However, the significant increase in motor vehicle sales that has been observed in order to restrict usage in congested and public areas may have a favorable impact on the market's expansion in the years to come.
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Competitive Landscape includes company profiling of the key manufacturers listed below. It also provides the key developments such as new product launches, expansion, mergers & acquisitions, partnerships, agreements, joint ventures, business overview, key strategies and financial analysis associated with the key players. Strategy implemented to overcome the COVID-19 Impact will be discussed in the report scope. Key players Financials includes Revenue (USD Million), Gross Margin (%) and Market Share (%) (2019- 2023), S.W.O.T Analysis, (To read more request the sample pages Or speak to analyst/author directly).
Top Companies Market Share in Vehicle mounted Camera Industry: (In no particular order of Rank)
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North America is the largest contributor to the global vehicle-mounted camera market. This growth is attributed to the favorable government initiatives regarding safety devices in the automotive industry, the quick adoption of advanced technologies, and the presence of major automotive players such as Ford Motor Company, Rivian Automotive, Polaris Industries, Tesla, and others. On the other hand, the APAC region is expected to grow with the highest CAGR during the forecast period, owing to the increasing buying power, growing spending capacity, and developing infrastructure in this region, China, India, and Japan held the major market shares for the market in Asia Pacific region.
The current report Scope analyzes Vehicle mounted Camera Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Global Vehicle mounted Camera Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Vehicle mounted Camera Industry growth. Vehicle mounted Camera market has been segmented with the help of its Type, Application , and others. Vehicle mounted Camera market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Vehicle mounted Camera Industry. Request a Free Sample PDF!
The passenger vehicle segment is the largest contributor to the market, owing to the increased production of passenger cars due to increased demand, growing per capita income, and changing lifestyles. For instance, according to the International Organization of Motor Vehicle Manufacturers, China produced 23836083 cars and Japan produced 6566356 cars in the year 2022.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Vehicle mounted Camera market report 2024 Edition by contacting our team.
Senior Research Analyst at Cognitive Market Research
ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Vehicle mounted Camera Market is witnessing significant growth in the near future.
In 2023, the IR segment accounted for noticeable share of global Vehicle mounted Camera Market and is projected to experience significant growth in the near future.
The Passenger Vehicles segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Command Light , GoPro and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
Type | IR, Dome, Dual Lens, Other |
Application | Passenger Vehicles, Commercial vehicles |
List of Competitors | Command Light, Crearo, GoPro, Harima, Hongdian Corporation, INTEC Video Systems, OKAF, Pixim, RECODA, Sowze, others |
This chapter will help you gain GLOBAL Market Analysis of Vehicle mounted Camera. Further deep in this chapter, you will be able to review Global Vehicle mounted Camera Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
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Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Vehicle mounted Camera Market Trends North America Vehicle mounted Camera Technological Road Map North America Vehicle mounted Camera Market Drivers North America Vehicle mounted Camera Market Restraints North America Vehicle mounted Camera Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
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Chapter 6 Middle East and Africa Market Analysis
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Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Vehicle mounted Camera market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why IR have a significant impact on Vehicle mounted Camera market? |
What are the key factors affecting the IR and Dome of Vehicle mounted Camera Market? |
What is the CAGR/Growth Rate of Passenger Vehicles during the forecast period? |
By type, which segment accounted for largest share of the global Vehicle mounted Camera Market? |
Which region is expected to dominate the global Vehicle mounted Camera Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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