Home » Business, Electronics & Semiconductors, Technology, UK » Dashboard Camera Market To 2022: Rising Awareness amongst Private Vehicle Owners Fueling Adoption of the Dashcams
CredenceResearch.com has Published New Research Report Title “Dashcams Market – Growth, Share, Opportunities & Competitive Analysis, 2015 -2022”

According to a new market report published by Credence Research “Dashboard Camera Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022,” the Dashcams market was valued at US$ 1,527.5 Mn in 2014, and is expected to reach US$ 5,536.5 Bn by 2022, expanding at a CAGR of 5.8% from 2015 to 2022.

Browse the full Electric Motors Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022, report at http://www.credenceresearch.com/report/dashcams-market

Market Insights:

The market for dashcams is growing rapidly with increasing awareness about the benefits of dashcams particularly among the private vehicle owners. In addition, dashcams are widely used by taxi and bus drivers, driving instructors, police officers and many others to capture real time driving incidences. Dashcams provides straight to point and efficient evidence in case of accidents to easily identify the fault of driver. Drivers can use this footage in court to prove their innocence, and claims repair cost for other driver who found guilty in the video.

These footages are also accepted by some insurance companies as such video footages help them to identify fraud claims and reduce operational costs required for claim processing. In addition, parents can install multi lens dashboard camera to take the footages of in-car driver activities of teen age drivers. Moreover, dashcam footages are also useful for drivers to save them corrupted police.

In Russia, most of private vehicle owners have installed dashcams to protect themselves from corrupted police offices. Dashcams are also used for taking videos through the journey. After the growing popularity of meteor shower videos published by Russian motorist, the demand for dashcams is increased in the U.S. and UK. In addition, news on dashboard camera by recognised news channels such as BBC, Daily Mail and others. The market for dashcam is expected grows further with increasing awareness about this technology and adoption of dashcams particularly among private vehicle owners.

Competitive Insights:

The global dashcam camera is dominated by manufacturers in Asia Pacific region particularly from South Korea, Taiwan, Japan and China. The market competition is expected to increase in the future as recognized players such as Garmin, Panasonic, Hewlett-Packard and other recognized players looking to diversify their presence in this growing market. Papago Inc is recognized as a global leader in the dashcam market and sells its dashcams in China, Russia, Australia, US and Europe.

Key Trends:

  • Rising awareness about the benefits of dashcams
  • Automobile manufacturers are looking forward to integrated dashcams in their vehicles for competitive offerings
  • Dashcams manufacturers are focusing on providing advanced and packaged solutions
  • Incentives and discounts from vehicle insurance companies to install dashcams
  • Reducing Dashcam Prices

For More Information, List of Figure, Tables And TOC Visit –  

About Us:

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Who we are

Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.

Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa. 

Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.

What we do

We serve customers at each level of their organization, in whatever limit we can be most helpful, whether as a trusted counsel to top management or as a hands-on mentor for forefront representatives. For each engagement, we collect a group with the most suitable experience and ability.

No matter the challenge, we concentrate on delivering functional and persevering results, and preparing our customers to develop and lead. We join forces with customers to place suggestions into practice. Our research specialist work straightforwardly with customers over long stretches to create workforce aptitudes, drive operational change, and apply new working strategies.

Web:  Credence Research

Blog: http://www.mobilecomputingtoday.co.uk/2806/dashcams-market-rising-awareness-private-vehicle-owners-fueling-adoption-dashcams-credence-research/

Media Contact
Company Name: Credence Research
Contact Person: Chris Smith, Global Sales Manager
Email: sales@credenceresearch.com
Phone: 1-800-361-8290
Address:105 N 1st ST #429
State: California
Country: United States
Website: http://www.credenceresearch.com/report/dashcams-market

Comments are closed.