Report ID: SQSG25A2001
Report ID:
SQSG25A2001 |
Region:
Global |
Published Date: April, 2024
Pages:
165
|
Tables:
63 |
Figures:
75
Europe had the largest Dash Board Camera Market share of more than 30% in 2021. Despite the fact that the region accounts for a major portion of worldwide demand for dashcams, many governments in the region have outright banned them. Due to high rates of accidents, major police corruption, unsafe road conditions, low cost, and the simple availability of technology, most people in nations like Russia install dashboard cameras in their personal automobiles. In nations such as Austria, Luxembourg, and Portugal, however, the use of recording devices or dashboard cameras is strictly prohibited, and violators may face severe penalties.
Asia Pacific is predicted to develop at the fastest rate in terms of volume, with a CAGR of more than 17% from 2022 to 2028. The region's demand for dashboard cameras is expected to rise over the forecast period as a result of favorable government efforts, consumer-centric marketing techniques, and growth in the number of on-road cars. Dashboard cameras are gradually being recognized as beneficial by many government entities and individual drivers. Dashboard cameras are expected to grow in popularity in the region over the forecast period because they provide invaluable evidence that can protect the user financially and legally.
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REQUEST FREE CUSTOMIZATIONDash Board Camera Market size was valued at USD 3.38 billion in 2019 and is poised to grow from USD 3.7 billion in 2023 to USD 7.6 billion by 2031, growing at a CAGR of 9.5% in the forecast period (2024-2031).
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Report ID: SQSG25A2001