Car Dashcam Market Report & Forecast

 

Car Dashcam Market

The global Car Dashcam Market revenue was US$ 4092.2 million in 2022 and is forecast to a readjusted size of US$ 8622.4 million by 2029 with a CAGR of 11.1% during the forecast period (2023-2029).


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and India Car Dashcam Market

Car Dashcam Market Trends

The market for dashcams for cars is mostly being driven by drivers' increasing awareness of security and safety. Dashcams are an important tool for car owners since they offer vital proof in the event of theft, accidents, or insurance fraud. Dashcams in both personal and business cars are becoming more and more common because of their capacity to record live video, which improves road safety and gives users piece of mind.

The benefits of insurance and regulatory assistance are also driving expansion in the dashcam industry for cars. Installing a dashcam can save insurance costs and offer legal protection in traffic conflicts in a number of nations. Around the world, dashcam adoption is being driven by governments and insurance companies seeing the benefits of these devices in decreasing fraudulent claims and boosting road safety.

Car Dashcam Market Share

With almost 33% of the market, Blackview, First Scene, and 360 (QIHU) are the top 3 car dashcam competitors.

Single-channel and multi-channel dashcams are included in the category of car dashcams. Roughly 84% of dashcams are single channel devices.

China holds a nearly 42% production market share, making it the leading provider of car dashcams worldwide. Europe holds a nearly 22% production market share, making it the second largest provider of car dashcams.


With a roughly 30% consumption market share, China is the largest consumer country. Europe, with a 26% consumption market share, is the second-largest consumer region after China.

Segment by Type

  • Single Channel Dashcam
  • Multi-Channel Dashcam

Segment by Application

  • Passenger Vehicle
  • Commercial Vehicle

By Companies

Blackview, First Scene, 360 (QIHU), Philips, Nextbase UK, PAPAGO, DOD, SAST, Garmin, DEC, Qrontech, REXing, HUNYDON, Kehan, JADO, Blackvue, DAZA, iTRONICS, Fine Digital, Cobra Electronics, Cansonic, HP, YI Technology, Auto-vox

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