The Asia Pacific Dashboard Camera Market would witness market growth of 16.6% CAGR during the forecast period (2020-2026).
The use of dash cameras has increased gradually in China over the past few years, with China surpassing the US, the largest automotive market on the world, and this number will continue to grow. More automobiles mean more dash cams. China is currently holding Asia’s largest dash cams market, but rapid growth is also occurring in other countries.
Asia Pacific is projected to grow at the highest CAGR over the forecast period due to the growing popularity and acceptance of these cameras by motorists. Insurance firms in several countries around the world have been trying to offer premium rates for motorists with dashboard cameras in their vehicles. The Dashboard cameras are expected to receive high acceptance in this region over the forecast period as they serve as invaluable proof that can protect the user both legally and financially.
Most of the camera dashboard manufacturers either have production facilities in operation or are headquartered in the Asia Pacific region, typically China, Taiwan and South Korea. Due to the increasing need of safety and security between business fleet operators and service providers for car shared service providers, DVRs are now being installed in their vehicles. As a result, key players in the market are now targeting trade markets, as they anticipate significant growth opportunities to increase.
Based on Distribution Channel, the market is segmented into In-store and Online. Based on Technology, the market is segmented into Basic, Advanced and Smart. Based on Application, the market is segmented into Personal Car and Commercial Vehicle. Based on Video Quality, the market is segmented into SD & HD and Full HD & 4K. Based on Product, the market is segmented into 1-Channel, 2-Channel and Rear View. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Panasonic Corporation, Garmin Ltd., LG Corporation (LG Electronics), Samsung Electronics Co., Ltd. (Samsung Group), Motorola Solutions, Inc., Fine Digital, Inc., Amcrest Technologies LLC, Cedar Electronics Corporation (Cobra Electronics Corporation), ABEO Technology Co., Ltd., and Papago, Inc.
Scope of the Study
By Distribution Channel
• Personal Car
• Commercial Vehicle
By Video Quality
• SD & HD
• Full HD & 4K
• Rear View
• South Korea
• Rest of Asia Pacific
• Panasonic Corporation
• Garmin Ltd.
• LG Corporation (LG Electronics)
• Samsung Electronics Co., Ltd. (Samsung Group)
• Motorola Solutions, Inc.
• Fine Digital, Inc.
• Amcrest Technologies LLC
• Cedar Electronics Corporation (Cobra Electronics Corporation)
• ABEO Technology Co., Ltd.
• Papago, Inc.
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