Lucintel Forecasts the Global Dashboard Camera Market to Reach $58.0 billion by 2030
Lucintel Forecasts the Global Dashboard Camera Market to Reach $58.0 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global dashboard camera market looks promising with opportunities in the commercial vehicle and personal vehicle markets. The global dashboard camera market is expected to reach an estimated $58.0 billion by 2030 from $35.6 billion in 2024, at a CAGR of 8.5% from 2024 to 2030. The major drivers for this market are heightened awareness of vehicular safety, expedited insurance claim processing, and safeguarding against the increasing incidence of vehicle theft, as well as, increase in deceptive insurance claims and fraudulent medical compensation through the fabrication of car accidents.
A more than 150-page report to understand trends, opportunity and forecast in dashboard camera market to 2030 by technology (basic, advanced, and smart), product (1-channel, 2-channel, and rear view), application (commercial vehicle and personal vehicle), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that 1-channel will remain the largest segment over the forecast period because the cameras typically capture the front view, comes with limited battery life, and offers relatively small storage capacity, as well as, these 1-channel dash cams are considered the most fundamental and entry-level options on the market.
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Europe will remain the largest region over the forecast period due to growing popularity of dashboard cameras for insurance verification and the rising consumer demand for them.
ABEO Technology, Garmin, Pittasoft, Falcon Electronics, Panasonic, Cobra Electronics, Waykens, Papago are the major suppliers in the dashboard camera market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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