San Francisco, May 11, 2016 (GLOBE NEWSWIRE) --
The global dashboard camera market size is expected to reach USD 1.84 billion by 2022 according to a new report by Grand View Research, Inc. Favorable government initiatives and rising demand for vehicular safety are expected to boost global dashboard camera market growth.The industry is expected to witness an upsurge in demand for dashcams in passenger and commercial vehicles by positively driving industry growth over the forecast period.
Dashcams facilitate in recording video footage of road accidents and other untoward incidents through windshield and assist in collecting evidences to be used in case of impending legal actions. These legitimate evidences can be produced in courts in matter of disputes against the offenders.
Browse to access In-depth research report on Global Dashboard Camera Market with detailed charts and figures: http://www.grandviewresearch.com/industry-analysis/dashboard-camera-market
Increasing acts of vandalism, car thefts, and wreckages are presumed to trigger the demand for automotive surveillance systems. Dashcams provide automotive surveillance even in the absence of driver and in parking mode.
However, several countries in the European region such as Switzerland and Austria are facing bans on use of dashcams. Violation of privacy and vulnerability towards unethical hacking have hampered the reliability of such in-car DVR systems.
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Further key findings from the report suggest:
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Grand View Research has segmented the global dashboard camera market on the basis of technology, product, video quality, and region:
Dashboard Camera Technology Outlook (Revenue, USD Million, 2012 – 2022)
Dashboard Camera Product Outlook (Revenue, USD Million, 2012 – 2022)
Dashboard Camera Video Quality Outlook (Revenue, USD Million, 2012 – 2022)
Dashboard Camera Regional Outlook (Revenue, USD Million, 2012 – 2022)
Access press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-dashboard-camera-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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