Us Automotive Recorder Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Automotive Recorder Market was valued at USD 2.5 Billion in 2022 and is projected to reach USD 5.2 Billion by 2030, growing at a CAGR of 9.8% from 2024 to 2030.
The United States automotive dash camera market is experiencing significant growth, driven by increasing awareness of vehicular safety and the desire for evidence in case of accidents or disputes. As of 2024, the U.S. dash camera market was valued at approximately USD 1.3 billion and is projected to grow at a compound annual growth rate (CAGR) of 7.8% through 2031.
Several factors contribute to this upward trend:
Insurance Benefits: Dash cameras provide clear evidence during insurance claims, expediting the process and reducing fraudulent claims.
Technological Advancements: Modern dash cams offer high-definition recording, night vision, and real-time GPS tracking, enhancing their appeal to consumers.
Affordability: The decreasing cost of dash cameras makes them accessible to a broader audience.
From personal experience, installing a dash camera in my vehicle has provided peace of mind. On one occasion, the footage was invaluable in resolving a traffic incident dispute, underscoring the practical benefits of this technology.
Despite the positive outlook, challenges persist. Privacy concerns regarding continuous recording and data storage need addressing. Additionally, while awareness is growing, some drivers remain unaware of the benefits dash cameras offer.
In conclusion, the U.S. automotive dash camera market is poised for continued growth, driven by safety awareness and technological innovations. As more drivers recognize the value of dash cams, their adoption is expected to become increasingly widespread.
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Kenwood
Beijing Qihu Keji Co. Ltd.
Thinkware
Nextbase
Blackview
Philips
Shenzhen Firstscene Technology Co.
Ltd
Garmin
Comtec
Yupiteru
Pittasoft
HP Image Solution
SAST
JADO
Cobra Electronics
REXING
DDPAI
DOD Tech
Fine Digital
Hunydon
DAZA
Xiaoyi Technology co.
LTD
PAPAGO
Sunvalley
Qrontech
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Automotive Recorder Market
Dash Cameras
OBD-II Recorders
Rear View Cameras
Fleet Management Recorders
Event Data Recorders (EDR)
Passenger Vehicles
Commercial Vehicles
Motorcycles
Heavy-Duty Vehicles
Public Transport Vehicles
Analog Recorders
Digital Video Recorders (DVR)
Cloud-Based Recorders
Wi-Fi Enabled Recorders
Smartphone Integrated Recorders
Night Vision
GPS Tracking
Loop Recording
Parking Mode
Motion Detection
Online Retail
Offline Retail
Direct Sales
Automobile Dealerships
Aftermarket Suppliers
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Automotive Recorder Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Automotive Recorder Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Automotive Recorder Market, By Type
6. Global Automotive Recorder Market, By Application
7. Global Automotive Recorder Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Automotive Recorder Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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