Overview
The security and safety worries among purchasers have expanded immensely, thereby positively affecting the development of APAC automotive drive recorder market. On the other hand, high establishment cost of the cameras limits the market development. On contrary, expected augment in drift of installing advanced driver assistance systems (ADAS) and legislations mandating installation of cameras in vehicles are anticipated to offer beneficial opportunities for emerging as well as active players in the Asia pacific automotive drive recorder market. Declining camera prices and innovations in wireless technology are key driving factor of Asia pacific drive recorder market. These cameras provide video evidence of any unexpected occurrence such as accidents and insurance frauds. Moreover, technologies such as GPS, G-sensors, and Wi-Fi connectivity integrated into the camera systems add value to the product. Asia pacific automotive drive recorder is segmented into two variant SingleChannel and Dual-Channel Systems. Single-channel driving recorder is expected to remain the leading in-vehicle camera system over the next seven years. Singlechannel record only the view through the windshield, whereas dual-channel driving recorder serves as a medium for collecting all-round evidence in case of accidents since they are capable of recording incidents that happen in the vehicle’s passenger room, as well as through the rear window. The market for dual-channel driving recorder is expected to witness high growth over the forecast period in APAC region. Advanced features such audible notifications, in-built GPS, extendable storage, extensive battery life and low power drains, high resolution LCD/LED screens, infrared-powered night vision, and smartphone connectivity have added to the user-friendliness and the convenience for the use of such cameras and its applications. Asia pacific automotive drive recorder market is categorized into Sports Vehicle, Photography Entertainment, Travel Monitoring and Parking Monitoring. Others comprises of applications such as fire rescue and healthcare. Drive recorder are used in sports vehicles for monitoring athletes and car racers, tracking records and for broadcasting events. The drive recorder is also being used by the entertainment industry for activities such as creating advertisements and shooting of action
sequence in movies. Currently drive recorder is widely used in Parking Monitoring to park safely, Travel Monitoring during travelling as to have evidence during accident, and Photography Entertainment as shooting action scenes in APAC region driving the market growth. Regional wise in APAC region, The Asia-Pacific market is foreseen to observe the most noteworthy development as far as income is concerned over the estimated time frame. Strong vehicle deals in Asia-Pacific economies, for example, South Korea and India have decidedly affected regional development. Demand for basic dash cams from developing economies, particularly China and India, is anticipated to observe a considerable increment contrasted with different nations. These gadgets can be utilized as proof against money for accident tricks. Additionally, favourable government mandates encouraging the use of such camera systems in countries such as India and Korea are expected to push the demand for dash cams. Some of the major players of HP, Supepst, Samsung-anywhere, Philips, DOD, Garmin, Limtech, E-Prance, Incredisonic, Auto-vox, DEC, Eroda, Papago, Careland, DAZA, Blackview, Jado, Kehan, Roga, Wolfcar and Continental. Technological advancements and product launches are among the key strategies observed in the industry. The major players are adopting mergers and acquisitions along with joint ventures for enhancing their market share. Presence of major vendors in countries such as China, Taiwan and Korea has led to increased adoption of such in-vehicle camera systems in the region.
Major players in the Market are identified through secondary research and their Market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top manufacturers; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and Marketing executives. The percentage splits, Market shares, growth rate and breakdowns of the product Markets are determined through using secondary sources and verified through the primary sources. Inquiry about report OR ask for Sample Report @ https://www.profsharemarketresearch.com/inquiry/automotive-electricactuators-market-report-inquiry/ Automotive Drive Recorder Market: Product Type Single Channel Systems Dual Channel Systems Automotive Drive Recorder Market: Application Sports Vehicle Photography Entertainment Travel Monitoring Parking Monitoring Automotive Drive Recorder Market: Competitive Analysis HP Supepst Samsung-anywhere Philips DOD Garmin Limtech E-Prance Incredisonic Auto-vox DEC Eroda
Papago Careland DAZA Blackview Jado Kehan Roga Wolfcar Continental
Automotive Drive Recorder Market: Regional Analysis North America U.S.A Canada Europe France Germany Spain UK Rest of Europe Asia Pacific China Japan India South East Asia Latin America Brazil Middle East and Africa
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Automotive Drive Recorder Market Report delivers comprehensive analysis of : Market Forecast for 2019-27 Market growth drivers Challenges and Opportunities Emerging and Current market trends Market player Capacity, Production, Revenue (Value) Supply (Production), Consumption, Export, Import analysis End user/application Analysis About Profshare Profshare Market Research is a full service market research company that delivers in depth market research globally. We operate within consumer and business to business markets offering both qualitative and quantitative research services. We work for private sector clients, along with public sector and voluntary organisations. Profshare Market Research publishes high quality, in-depth market research studies, to help clients obtain granular level clarity on current business trends and expected future developments. We are committed to our client’s needs, providing custom solutions best fit for strategy development and implementation to extract tangible results. For more information, visit https://www.profsharemarketresearch.com/ OR Email us at sales@profsharemarketresearch.com Contact : Mia Cox Sales Manager miacox@profsharemarketresearch.com