With the emergence and long-term Impact of COVID-19, Global Car DVR Market to reach USD XXX Million by 2030
Bizwit Research & Consulting LLP’s recent analysis on the Global Car DVR Market points towards a potential rise to USD XXX Million by 2030. Car DVR, also known as a car dashboard camera or a car Digital Video Recorder, is a device that records video footage and audio inside and/or outside a vehicle. It is typically mounted on the dashboard or windshield of a car and is designed to capture a continuous recording of the road ahead or the surroundings. The Car DVR market is expanding because of factors such as the increasing number of road accidents of the vehicle and rising demand for commercial vehicles. Its importance has progressively increased during the forecast period 2023-2030.
Geographically, the global Car DVR market has been segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa (MEA). Europe dominated the market in 2022 owing to the regulations regarding the usage of car DVRs and increasing demand for high-quality car digital video recorders to capture travel footage. Furthermore, Asia Pacific is expected to grow fastest during the forecast period, owing to factors such as rising cases of fraudulent insurance.
The global Car DVR market is highly competitive owing to the presence of several key players such as Blackview Technology Co., Ltd. Kehan Electronics Technology Co., Ltd. JADO Technologies GmbH PAPAGO Inc. Garmin Ltd. Cobra Electronics Corporation First Scene Ltd. DAZA Electronics Co., Ltd. Koninklijke Philips N.V. Cansonic Inc., and others.
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Key findings of the study suggest:
- Global Car DVR Market is anticipated to grow with a healthy growth rate of more than XXX% over the forecast period 2023-2030.
- In the Type segment, Single Channel emerged out as the leading market segment in 2022.
- Europe is anticipated to drive regional growth owing to the presence of key market players, the regulations regarding the usage of car DVRs and increasing demand for high-quality car digital video recorders to capture travel footage.
- Asia Pacific is expected to grow at higher rate followed by North America during 2023-2030.
Bizwit Research & Consulting has considered following segments for the study:
By Type
- Single Channel
- Dual Channel
By Application
- Passenger Car
- Commercial Vehicle
Regional Outlook
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Korea
- Australia
- RoAPAC
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. The company has a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. Bizwit incorporate big data, expert analysis, and huge industry database to deliver client focused business consulting reports. Our analysts perform unbiased measurement and assessment of market opportunities to comprehend detailed market forecast. Our team of key opinion leaders evaluates the market size, growth prospects, end-use, applications, value & supply chain and top vendors in the industry to help the clients to take conversant business decisions without any vague assumptions.
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