The global dashcam market is projected to witness a compounded annual growth rate of 8.71%, growing to US$8.337 billion by 2030, from US$5.491 billion in 2025.
Dash cameras, also known as dash cams, are specialized cameras installed in the dashboards of vehicles, primarily cars. These cameras efficiently record video footage of road conditions and vehicle movements. Equipped with advanced technology, dash cameras capture high-quality video, contributing to their growing popularity in response to the rising number of road accidents. Dash cam systems typically include a memory card or storage device for saving recorded footage directly in the vehicle. Their effectiveness in observing and analyzing road incidents is a significant factor driving the dash cam market. Insurance companies increasingly adopt dash cameras to verify and analyze road accidents involving insured vehicles, further propelling market growth. The footage captured by dash cams serves as crucial evidence for insurance claims in court, providing vehicle owners with protection and security that fuels demand for these devices. Additionally, the introduction of new vehicles featuring built-in dash cam setups is boosting market growth, as major automotive manufacturers launch advanced integrated systems with enhanced clarity and cloud storage options. Ongoing technological advancements and software developments in dash cam setups are also contributing to the expansion of the global market.
Dash cameras, also known as dash cams, are specialized cameras installed in the dashboards of vehicles, primarily cars. These cameras efficiently record video footage of road conditions and vehicle movements. Equipped with advanced technology, dash cameras capture high-quality video, contributing to their growing popularity in response to the rising number of road accidents. Dash cam systems typically include a memory card or storage device for saving recorded footage directly in the vehicle. Their effectiveness in observing and analyzing road incidents is a significant factor driving the dash cam market. Insurance companies increasingly adopt dash cameras to verify and analyze road accidents involving insured vehicles, further propelling market growth. The footage captured by dash cams serves as crucial evidence for insurance claims in court, providing vehicle owners with protection and security that fuels demand for these devices. Additionally, the introduction of new vehicles featuring built-in dash cam setups is boosting market growth, as major automotive manufacturers launch advanced integrated systems with enhanced clarity and cloud storage options. Ongoing technological advancements and software developments in dash cam setups are also contributing to the expansion of the global market.
Key Drivers of the Global Dash Cam Market
- Increase in Road Accidents: The rising incidence of road accidents is a primary driver for the growth of the dash cam market. The automotive industry is one of the fastest-growing sectors globally, according to the World Trade Organization (WTO). As vehicle production increases annually, so does the number of vehicles on the road, which correlates with a higher frequency of accidents.
- Demand for Automotive Safety Devices: The growing demand for safety devices in vehicles is another significant factor fueling the dash cam market. Dash cameras provide valuable video evidence during road accidents, facilitating insurance claims and legal proceedings. According to the National Transportation Safety Board (NTSB), approximately 33,244 severe road accidents were reported in the United States in 2019, highlighting the need for dash cams.
Geographical Outlook
- North America: The global dash cam market is segmented into regions including North America, South America, Europe, the Middle East and Africa, and Asia Pacific. North America is expected to capture a substantial share of the dash cam market due to increased adoption in commercial and public transport vehicles. The presence of major automotive players in this region further supports market growth.
- Asia Pacific: This region also contributes significantly to global revenue due to factors such as rising per capita income, high vehicle ownership rates, increased road accident incidences, heightened awareness of road safety, and supportive government regulations. For instance, Pioneer India launched a Smart Dashcam tailored specifically for Indian roads in August 2024, featuring advanced capabilities like AI insights and enhanced parking monitoring.
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Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence.Report Coverage:
- Historical data & forecasts from 2022 to 2030
- Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
- Competitive Positioning, Strategies, and Market Share Analysis
- Revenue Growth and Forecast Assessment of segments and regions including countries
- Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)
Market Segmentation:
The global dash cam market is segmented and analyzed as below:- By Type
- Basic Dash Cam
- Advanced Dash Cam
- By Lens
- Single Lens
- Multi Lens
- By Display Type
- LCD
- LED
- By Component
- Lens
- Battery
- G-Sensors
- Microphone
- GPS
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- UK
- Germany
- France
- Others
- Middle East and Africa
- UAE
- Saudi Arabia
- Others
- Asia Pacific
- Japan
- China
- India
- South Korea
- Indonesia
- Thailand
- Taiwan
- Others
- North America
Table of Contents
1. INTRODUCTION
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
5. GLOBAL DASH CAM MARKET BY TYPE
6. GLOBAL DASH CAM MARKET BY LENS
7. GLOBAL DASH CAM MARKET BY DISPLAY TYPE
8. GLOBAL DASH CAM MARKET BY COMPONENT
9. GLOBAL DASH CAM MARKET BY GEOGRAPHY
10. COMPETITIVE ENVIRONMENT AND ANALYSIS
11. COMPANY PROFILES
Companies Mentioned
- Hewlett-Packard Company
- DOD-Tech Co.Ltd.
- ABEO Company Co.Ltd.
- Panasonic Corporation
- Aiptek Inc.
- Garmin
- LG Corporation
- Qrontech Co.Ltd.
- Satechi Baravon
- Pittasoft Co. Ltd.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 140 |
Published | January 2025 |
Forecast Period | 2025 - 2030 |
Estimated Market Value ( USD | $ 5.49 Billion |
Forecasted Market Value ( USD | $ 8.34 Billion |
Compound Annual Growth Rate | 8.7% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |