Dashboard cameras are live feature recording gadgets normally connected to the windshield of vehicles and attached with dashboards in the vehicle. These gadgets are intended to record real-time activities and capture the internal and outward sides of vehicles. Application of dashboard cameras is now common in law enforcement vehicles, private cars, and rental and some other commercial vehicles. These cameras provide constant feature recording, which can be utilized as proof in the case of a mishap or criminal or civil lawsuits. Dashboard cams have various categories based on type, technology, and geography.

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Dashboard cameras have a huge demand because of their advantages, particularly their utility in the event of mishaps, for evidence gathering, and in emergency services, among others. Likewise, most modern dashboard cameras are fitted with features such as sensor technologies for identifying vehicles and various other objects while driving, global positioning system (GPS), a night vision framework, and loop recording. With increasing dependence on video surveillance for security purposes, the demand for dashboard cameras is predicted to build considerably in the next few years.

The global dashboard camera market was valued at US$598.5 Million in 2013 and is forecast to grow at a CAGR of 13.9% during the period from 2014 to 2020.

Dashboard Camera: Three Major Technology Segments

The report on the dashboard cameras market serves up the current situation as well as the future market capability of dashboard cameras, worldwide. The market for dashboard cameras has been segmented into three primary technology segments, namely single lens/channel, rearview dashboard cameras, and multi lens/dual channel. The market for dashboard cameras has been widely analyzed on the grounds of technology, type, and geography. Based on type, this market is segmented into basic dashcams, smart dashcams and advanced dashcams.

Basic dashboard cameras commonly work on the bare minimum by recording video footage without audio input and in poor color configurations. Basic dashboard cameras are a type of in-vehicle cameras continuously record driving activities. Along with the basic features of dashboard cameras, additional features in advanced cameras include GPS logging, audio recording, speed sensors, unrestricted power supply, and accelerometers. In 2013, basic dashboard cameras represented the biggest revenue-generating segment in the worldwide dashboard camera market. Advanced dashboard cameras are predicted to see the quickest development through the forecast horizon due to their technological sophistication.

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Europe Dashboard Camera Market: Biggest Individual Market for Dashboard Camera

On the basis of geography, the global dashboard camera market is segmented into four regional segments, namely North America, Europe, Asia Pacific, and Rest of the World (RoW). Europe was the biggest dashboard camera market in 2013 and accounted for a 39.6% share of the global market. Asia Pacific is predicted to be the fastest growing market in the forecast horizon, thanks to increasing adoption of these cameras particularly in Australia, China, Taiwan, South Korea, and other countries in the region.

The global dashboard camera market comprises numerous players offering a wide range of driver assistance alternatives. With rising demand for driver assistance systems in order to advance road safety, manufacturers of dashboard cameras propose a broad range of dashboard camera solutions to fit particular original equipment manufacturers (OEMs) and aftermarket requirements. The profiles of major original equipment suppliers (OESs) and original equipment manufacturers (OEMs) in the global dashboard cameras market are Delphi Automotive Systems Pvt Ltd, Fiat Chrysler Automobiles (FCA) US LLC, Papago Inc., Harman International Inc, Toyota Motor Corp, Garmin International Inc, Pittasoft Co. Ltd. (BlackVue), Qrontech Co., Ltd. (Lukas), DCS Systems Ltd. (RoadHawk UK), and others.

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