Dashboard Camera Market Analysis, Size, Growth and Forecast 2016 to 2024 : Hexa Research Inc.

A Dashboard Camera is also commonly known as dashboard camera that records the view through a vehicle’s windscreen. It is usually attached to the interior of the windscreen or on the top of the dashboard. The main use of dashboard camera is to record the view and provide evidence in case of emergency. The dashboard camera provides surveillance while in motion or either parked while he/she is away from the vehicle. There are several factors which drive the dashboard camera industry. The growing number of accidents has influenced the government in investing heavily in this market. The federal government recently passed the bill for mandatory installation of cameras for recording crucial data such as vehicle speed, seat belt buckling, brake position, throttle position and airbag deployment. With, increasing incidents of car thefts the dashboard camera is expected to have a significant growth over the next eight years. It can easily provide evidence against culprits and increasing demand for vehicle safety which will boost growth over the next eight years.
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Dashboard camera can be segmented into two types which include single channel and dual channel systems. Single channels records the view of the road through the windshield and dual channels record the incidents taking place in the car as well as through the rear window. Most of the dashcams are manufactured in countries such as Taiwan and China, with the lack of regulation and policies in these countries there is very little use of dashcams worldwide. Single channel systems accounts for than 70 % of the market share, while dual channel systems are very costly as they record in-car events and external events. There are several technologies available with the dashcams such as Wi-Fi, GPS, ADAS and accelerometers to enhance utility. Single channel system is expected to grow at a significant growth over the next eight...