Report ID: SQMIG45I2222
Report ID:
SQMIG45I2222 |
Region:
Global |
Published Date: December, 2024
Pages:
207
|
Tables:
86 |
Figures:
71
Automotive Dashboard Camera Market size was valued at USD 13.25 Billion in 2023 and is poised to grow from USD 17.79 Billion in 2024 to USD 140.09 Billion by 2032, growing at a CAGR of 34.28% during the forecast period (2025-2032).
The automotive dashboard camera market is growing at a tremendous rate due to the presence of several highly relevant factors. One major trend that describes the increasing usage of multi-channel cameras that provide all-around sight, both from front, back, and even sides due to its recording ability, should help reduce accidents as drivers become more cognizant about their surroundings. Insurance companies are offering lower rates on automobiles with dash cams installed on them, and such encouragement helps owners get dash cams. Safety issues are the number one reason for customers to purchase dash cams; even a small driving mistake can cause catastrophic tragedies. Dashboard cameras minimize the possibility of accidents by enhancing panoramic view while driving and by providing clear evidence in case of an accident. Customers are becoming increasingly willing to invest in high-tech security systems that make their roads safer with increasing concern over safety issues. Cutting-edge technologies such as GPS tracking, night vision, and driver assistance make dash cams much more attractive. All of them, at the end of the day, contribute toward awareness about the importance of car safety that fosters growth of the market and makes dash cams an indispensable complement for modern automobiles.
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATIONWant to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIG45I2222