Global vehicle camera is a device that is used for recording videos, and for capturing images of inside and outside the vehicle. These cameras are attached to the dashboard and windshield of the vehicle, and provides various features such as G-sensor, loop recording, and others. These cameras are available at a price ranging from less than US$ 100 to more than US$ 400. These cameras help drivers in parking, gathering critical evidence, assisting for parking, and in providing night vision. Depending upon the power supply, these cameras provide continuous video recording that can be used as an evidence in the case of accidents.
Market Dynamics:
Increasing number of road accidents is expected to drive the market growth during the forecast period. According to the World Health Organization, road traffic was the leading cause of death for the people aged between 15 and 29 years. Road accidents has increased by 90% in the low and middle economical countries. Such factors have increased the demand for cameras that are attached to the vehicle in order to provide safety and security to vehicle, driver, and passenger. These cameras provide blind spot detection that can road accidents. Furthermore, road accidents lead to the economic and financial loss to the individuals, their families, and this is expected to drive the global vehicle camera market.
Key features of the study:
- This report provides an in-depth analysis of the global vehicle cameras and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
- It profiles leading players in the global vehicle camera market based on the following parameters– regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered in the global vehicle cameras market are Qrontech Co., Ltd. (Lukas), S. Will Industrial, Ltd., AIPTEK International, Inc., Hyundai MnSOFT, GoPro, Inc., Pittasoft Co., Ltd., DCS Systems Ltd. (RoadHawk U.K.), Garmin International, Inc., and Transcend Information, Inc.
- The market players are focusing on strategic collaborations to innovate and launch new products to meet the increasing needs and requirements of consumers.
- Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
- Global vehicle cameras market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global vehicle cameras market.
Detailed Segmentation:
- Global Vehicle Cameras Market, By Price
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- Affordable
- Mid-range
- High-end
- Global Vehicle Cameras Market, By End User
- Law Enforcement and Defense Vehicles
- Private Vehicles
- Transportation Vehicles
- Others
- Global Vehicle Cameras Market, By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- Qrontech Co., Ltd. (Lukas)*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- S. Will Industrial, Ltd.
- AIPTEK International, Inc.
- Hyundai MnSOFT
- GoPro, Inc.
- Pittasoft Co., Ltd.
- DCS Systems Ltd. (RoadHawk U.K.)
- Garmin International, Inc.
- Transcend Information, Inc.
*Browse all the market data tables and figures on “Global Vehicle Camera Market- Forecast to 2030”