A newly published research study on car DVR market provides a comprehensive assessment of the global car DVR market within the five-year timeline, 2017-2022. The approximately US$ 1 Bn market for car DVR will possibly reach US$ 1.5 Bn towards the end of 2022, witnessing an impressive expansion at 7.5% CAGR over 2017-2022. The report offers insightful information on each aspect associated with the performance of car DVR market, at a regional as well as global level. With valuable strategic insights on key market dynamics, taxonomical analysis, examination of the most actionable market opportunities, and analysis of the most trendsetting and profitable technological innovations, the report aims to help businesses in the car DVR market arrive at a decisive strategic point.
Often alluded to as a dashboard camera or a driving recorder, a car DVR has grabbed eyeballs across the globe. Car DVRs have become indispensable to insurance companies and the legal system in the occurrence of accident. Car DVRs have been aiding in providing information with respect to drivers’ response during an accident and offering invaluable information regarding functionality of key safety systems. As such, car manufacturers are paying heed to the popularity of car DVRs.
With the sophisticated processing, high speed connectivity, storage, wireless interfaces and a camera Car DVRs have been collating the real time data about the car and the ambience and has the capability to directly connect to the automotive bus interface. As such, data collection such as braking force, GPS, acceleration and surrounding traffic situations are stored for subsequent assessment and retrieval.
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The soaring growth of Car DVR Market is attributed to highly integrated system on chip (SoC) processors, enhanced image sensor quality, low power consumption and video compression techniques. Moreover, addition of advanced algorithms to cameras has made it easier to spot people, objects and sounds around the periphery.
Multi-channel, Multi-functional Car DVR for Connected Cars: Enabling Car DVR Market to Keep in Pace with Connected Car Technology Space
While IoT and IoE enabled vehicles, and connected car and autonomous driving technologies are supposed to be stepping out of their infancy anytime soon, the applicability of automotive electronic devices such as car DVR is most likely to gear up in full speed. With emergence of a heap of applications in futuristic on-road cars and a pool of untapped safety and security concerns associated with the implementation of car DVRs, the global car DVR market is expected to witness multiple opportunities in terms of car DVR security and vulnerability.
Observing swelling demand for low-priced car DVR installations among consumers based in emerging economies, companies are investing in the development of affordable pricing strategy. Moreover, sustained traction for single-channel car DVR devices will continue to prompt manufacturers to continue technology innovations in single-channel car DVRs throughout the forecast period.
Car DVR Market: Overview
This report offers a thorough analysis on Car DVR market underpinned by quantitative and qualitative assessment. Further, the report shows the dynamics of the market, encompassing drivers, trends, opportunities, and restraints that have significant influence in the development of Car DVR market. The report also incorporates segmentation of the market to provide a comprehensive analysis of the Car DVR.
In-car DVR Camera Optimization by Image Sensors: A Seemingly Breakthrough Innovation Boosting Car DVR Adoption
Functional optimization of car DVR devices is currently attracting R&D efforts of several companies, including leading automotive electronics manufacturers. ON Semiconductor, one of the Fortune 500 semiconductor suppliers, has recently registered a successful attempt of the incorporation of image sensors into in-car DVRs with an objective to achieve enhanced functionality.
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The report incorporates executive summary and market overview section. The Car DVR market overview section elucidates key trend analysis, value chain analysis and Porters’ Five Force Analysis. Essentially, Porters’ Five Force Analysis provides actionable insights on competitive landscape of the Car DVR market. Furthermore, the report also encompasses the market attractiveness analysis as well as market outlook. The report also includes market value projection and pricing analysis. The report also offers analysis on supply chain and pricing analysis and cost structure analysis.
The report delves into macroeconomic factors such as profitability of enterprises and economic outlook. Moreover, the macroeconomic factors also provides an in-depth assessment on inflation and deflation. The report also peruses into the complex eco-system and risk mitigation to further elucidate the Car DVR market.
The assessment in the report is backed up by primary sources, incorporating an unbiased and veracious views of seasoned analyst, surveys, interviews, interactions in person and assessment by experts. Additionally, the report is bolstered by secondary sources encompassing verified paid source, trade journals and resourceful database. The report is also propelled by absolute dollar opportunity analysis which significant impact in furthering the development of the Car DVR market.
Car DVR Market: Competitive Landscape
A thorough analysis of competitive scenario of the Car DVR market is underpinned by a comprehensive analysis of Porters’ Five Force Analysis. Further, the report deals with financial overview, company overview, recent development, sales footprint, product portfolio and key differentiator.
Honeywell, Panasonic Corporation, Garmin Ltd., Amcrest Technologies, Cobra Electronics Corporation, Lukas, ITronics Group, Hdigital-eye ltd. (VicoVation), WatchGuard Video, Blackvue, PAPAGO Inc., Fine Digital Inc., Qrontech Co. Ltd., ABEO Technology Co., Ltd., and CNSLink are among the key companies that have been covered in the competition tracking section of car DVR market report.
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Car DVR Market: Mid-Priced Car DVR is Attracting a Significant Share
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