Report ID: SQMIG45I2222
Report ID:
SQMIG45I2222 |
Region:
Global |
Published Date: December, 2024
Pages:
207
|
Tables:
86 |
Figures:
71
North America is currently leading the automotive dashboard camera market. A number of factors that contribute to such extensive use of dash cams can be counted as added causes. These are; increased awareness of safety on roads, a larger number of cars in countries and places, and a lot of insurance packages that come with special incentives for the use of dash cams. With the increasing accident and fraud insurance rates, and rises in accident occurrences and the regulatory environment, people and organizations are investing money in dashboard camera technology. For this reason, the dominance of the North American market is guaranteed by the existence of established markets and focus on innovation and technical advances.
In Asia-Pacific, sales of dashboard cameras will continue to lead the market, which is increasing at the highest rate. Rising car ownership rates, a thriving auto sector, and increasing emphasis on safety features from customers explain this rapid expansion. Growing middle classes prepared to spend money on car safety equipment are appearing in countries such as China, India, and Japan, where they are experiencing notable technological breakthroughs. In addition, thanks to the rapid growth in e-commerce sites, dash cams are more and more easily accessible to consumers within this region. In the Asia-Pacific region, the dashboard camera market will expand sizably as new solutions customized for local markets are launched and awareness of road safety continues to rise.
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Report ID: SQMIG45I2222