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Car Digital Video Recorder Trends and Forecast
The future of the global car digital video recorder market looks promising with opportunities in the basic, advanced, and smart markets. The global car digital video recorder market is expected to reach an estimated $6.0 billion by 2030 with a CAGR of 8.7% from 2024 to 2030. The major drivers for this market are rising vehicle thefts and road accidents, growing awareness regarding safety within vehicles, as well as, technological development in DVRs and smartphones & Wi-Fi connectivity capabilities.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Car Digital Video Recorder by Segment
The study includes a forecast for the global car digital video recorder by channel, technology, and region.
Car Digital Video Recorder Market by Channel [Shipment Analysis by Value from 2018 to 2030]:
• Single Channel
• Dual Channel
Car Digital Video Recorder Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
• Basic
• Advanced
• Smart
Car Digital Video Recorder Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Car Digital Video Recorder Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies car digital video recorder companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the car digital video recorder companies profiled in this report include-
• Garmin
• Nextbase
• Pittasoft
• Panasonic
• Cobra Electronics
• DOD Tech
• CNS Link
• Fine Digital
• Thinkware
Car Digital Video Recorder Market Insights
Lucintel forecasts that single channel will remain the largest segment over the forecast period.
APAC is expected to witness higher growth over the forecast period due to concentration of leading vendors in countries like China, Korea, and Taiwan, rising demand for in-vehicle camera systems in the region, as well as, supportive government regulations that encourage the adoption of these camera systems in countries such as India and Korea.
Features of the Global Car Digital Video Recorder Market
Market Size Estimates: Car digital video recorder market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Car digital video recorder market size by channel, technology, and region in terms of value ($B).
Regional Analysis: Car digital video recorder market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different channel, technology, and regions for the car digital video recorder market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the car digital video recorder market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the car digital video recorder market size?
Answer: APAC is expected to witness higher growth over the forecast period due to rising cases of fraudulent insurance will drive the adoption of car dvr in future.
Q.2 What is the growth forecast for car digital video recorder market?
Answer: The global car digital video recorder is expected to grow with a CAGR of 8.7% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the car digital video recorder market?
Answer: The major drivers for this market are rising vehicle thefts and road accidents, growing awareness regarding safety within vehicles, as well as, technological development in DVRs and smartphones & Wi-Fi connectivity capabilities.
Q4. What are the major segments for car digital video recorder market?
Answer: The future of the global car digital video recorder market looks promising with opportunities in the basic, advanced, and smart markets.
Q5. Who are the key car digital video recorder market companies?
Answer: Some of the key car digital video recorder companies are as follows:
• Garmin
• Nextbase
• Pittasoft
• Panasonic
• Cobra Electronics
• DOD Tech
• CNS Link
• Fine Digital
• Thinkware
Q6. Which car digital video recorder market segment will be the largest in future?
Answer: Lucintel forecasts that single channel will remain the largest segment over the forecast period.
Q7. In car digital video recorder market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness higher growth over the forecast period due to concentration of leading vendors in countries like China, Korea, and Taiwan, rising demand for in-vehicle camera systems in the region, as well as, supportive government regulations that encourage the adoption of these camera systems in countries such as India and Korea.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the car digital video recorder market by channel (single channel, and dual channel), technology (basic, advanced, and smart), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Car Digital Video Recorder Market, Car Digital Video Recorder Market Size, Car Digital Video Recorder Market Growth, Car Digital Video Recorder Market Analysis, Car Digital Video Recorder Market Report, Car Digital Video Recorder Market Share, Car Digital Video Recorder Market Trends, Car Digital Video Recorder Market Forecast, Car Digital Video Recorder Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Car Digital Video Recorder Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Car Digital Video Recorder Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Car Digital Video Recorder Market by Channel
3.3.1: Single Channel
3.3.2: Dual Channel
3.4: Global Car Digital Video Recorder Market by Technology
3.4.1: Basic
3.4.2: Advanced
3.4.3: Smart
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Car Digital Video Recorder Market by Region
4.2: North American Car Digital Video Recorder Market
4.2.2: North American Car Digital Video Recorder market by Technology: Basic, and Advanced, Smart
4.3: European Car Digital Video Recorder Market
4.3.1: European Car Digital Video Recorder market by Channel: Single Channel, and Dual Channel
4.3.2: European Car Digital Video Recorder market by Technology: Basic, Advanced and Smart
4.4: APAC Car Digital Video Recorder Market
4.4.1: APAC Car Digital Video Recorder market by Channel: Single Channel, and Dual Channel
4.4.2: APAC Car Digital Video Recorder market by Technology: Basic, Advanced, and Smart
4.5: ROW Car Digital Video Recorder Market
4.5.1: ROW Car Digital Video Recorder market by Channel: Single Channel and Dual Channel
4.5.2: ROW Car Digital Video Recorder market by Technology: Basic, Advanced, and Smart
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Car Digital Video Recorder Market by Channel
6.1.2: Growth Opportunities for the Global Car Digital Video Recorder Market by Technology
6.1.3: Growth Opportunities for the Global Car Digital Video Recorder market by Region
6.2: Emerging Trends in the Global Car Digital Video Recorder Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Car Digital Video Recorder Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Car Digital Video Recorder Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Garmin
7.2: Nextbase
7.3: Pittasoft
7.4: Panasonic
7.5: Cobra Electronics
7.6: DOD Tech
7.7: CNS Link
7.8: Fine Digital
7.9: Thinkware
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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