Albany, NY -- (SBWire) -- 11/19/2018 --ResearchMoz.us announced the addition of a new research report to its repository, which details the market dynamics present in the global automotive dashboard camera market. The research report, titled "Automotive Dashboard Camera Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026", has been meticulously written with due importance to various factors that are poised to shape in the coming years.
Global market for automotive dashboard cameras is expected to witness a phenomenal rise in the coming years as demand for automobiles has been exponential. The ability to record real-time videos of driving experience to grab actual footage has won this market many consumers. Increasing usage of this footage for insurance purposes has had a positive impact on the sales of automotive dashboard camera market. Furthermore, efforts to make vehicles feature-rich is also projected to bode well for global market during the forecast period.
The various lens technologies available in the global automotive dashboard camera market are multi lens, single lens, and rear-view style camera. Out of these, the demand for single lens that allow forward recording through cameras held the largest share in the global automotive dashboard camera market and will continue to retain its dominance in the coming years as well. The huge advantage of forward camera to flawlessly and objectively record driving mistakes to claim insurance has augmented its sales in recent years. Apart from these, the demand for multi-lens dashboard cameras will also gain considerable traction.
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In terms of geography, the global automotive dashboard camera market is segmented into Europe, North America, Asia Pacific, and Rest of the World. The research report suggests that Asia Pacific will come to drive the progress of the global automotive dashboard camera market. This regional market will make an incredible contribution to the overall revenue of the market as developing countries such as India and China are on the verge of witnessing a mammoth rise in automobile manufacturing activities due to easy availability of cheap labor. This region will also see a surge in the number of automobile buyers with rising disposable incomes. Additionally availability of a wide range of brands in the region that are offering better features with their models will also up the sales of automotive dashboard cameras across Asia Pacific.
Some of the leading players operating in the global automotive dashboard camera market are Delphi Automotive Systems Pvt Ltd, Harman International Inc, Pittasoft Co. Ltd. (BlackVue), Papago Inc., Garmin International Inc, DCS Systems Ltd. (RoadHawk UK), Qrontech Co., Ltd. (Lukas), and others. The research report has includes a thorough explanation of the competitive landscape present in the global market for automotive dashboard camera market. Researchers have evaluated the research and development plans of these companies, their expansion strategies in the coming years, and their financial outlooks for the forecast period. The report also includes suggestions and point of views offered by market experts to help the readers gain a holistic perspective.
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Demand for Automotive Dashboard Cameras Surges as It Improves Insurance Claiming Process