Driving Recorder Market May Set a New Epic Growth Story (2024-2030)

Driving Recorder Market

HTF MI recently introduced Global Driving Recorder Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2024-2030). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence. Some key players from the complete study are Garmin Ltd.,Nextbase,BlackVue,Thinkware,Cobra Electronics,Rexing USA,Mio Technology,DOD Tech,Transcend Information Inc.,Viofo,Papago Inc.,Yi Technology,Kenwood,Pioneer Corporation,Philips,Blaupunkt,70mai,Z-Edge

Download Sample Report PDF (Including Full TOC, Table & Figures)

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According to HTF Market Intelligence, the Global Driving Recorder market is projected to grow from 3.2 billion USD in 2023 to Global Driving Recorder Market Survey 2023 USD by 2032, at a CAGR of 7.5%.

The Driving Recorder market is segmented by Types (Dashboard, Rearview), Application (Commercial, Personal) and by Geography (North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA).

 Definition:

A Driving Recorder, commonly known as a dashcam, is an onboard camera that continuously records the view through a vehicle’s front and sometimes rear windshields. These devices are used to capture video footage of road incidents, monitor driver behavior, and provide evidence in case of accidents or disputes. Advanced driving recorders often include features like GPS tracking, night vision, parking surveillance, and collision detection. They are widely used by individual drivers, commercial fleets, and insurance companies to improve road safety and reduce liability risks.

Market Trends:

IoT-enabled devices

Market Challenges:

Data privacy issues

Dominating Region:

Europe

Fastest-Growing Region:

Asia-Pacific

The titled segments and sub-section of the market are illuminated below:
In-depth analysis of Driving Recorder market segments by Types: Dashboard, Rearview

Detailed analysis of Driving Recorder market segments by Applications: Commercial, Personal

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:

  • The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
  • North America (United States, Mexico & Canada)
  • South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
  • Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
  • Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

 

Driving Recorder Market Research Objectives:
– Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
– To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
– To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.
– To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
– To deliberately profile the key players and systematically examine their growth strategies.

FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)

Points Covered in Table of Content of Global Driving Recorder Market:

Chapter 01 – Driving Recorder Executive Summary

Chapter 02 – Market Overview

Chapter 03 – Key Success Factors

Chapter 04 – Global Driving Recorder Market – Pricing Analysis

Chapter 05 – Global Driving Recorder Market Background or History

Chapter 06 — Global Driving Recorder Market Segmentation (e.g. Type, Application)

Chapter 07 – Key and Emerging Countries Analysis Worldwide  Driving Recorder Market

Chapter 08 – Global Driving Recorder Market Structure & worth Analysis

Chapter 09 – Global Driving Recorder Market Competitive Analysis & Challenges

Chapter 10 – Assumptions and Acronyms

Chapter 11 – Driving Recorder Market Research Method Driving Recorder

Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, LATAM, Europe, Japan, Australia or Southeast Asia.

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