30 Nov -0001
Rockville, Md. The global market for car digital video recorders is set to expand from more than US$ 1 Bn in 2017 to US$ 1.4455 Bn by the end of 2022, growing at a robust pace as drivers look for a reliable record of what happens on the road. Dashcams have moved well beyond simple video capture, with newer units pairing multiple cameras and GPS to log location and speed.
North America leads by region, single-channel units carry the largest share by product, and OEM fitment accounts for the most revenue. Passenger cars generate the bulk of demand. Away from those headline positions, dual-channel devices and aftermarket sales are the fastest-moving parts of the market, helped by falling prices and wider consumer awareness.
Single-channel recorders remain the most popular choice and are expected to reach the one billion dollar mark on their own by 2022, but dual-channel systems are growing faster as buyers look for front and rear coverage. Price is the other dividing line. Low-priced units dominate and are set to expand at a high single-digit rate, while mid-priced models are on track for US$ 430.9 Mn by 2022. Passenger cars account for most sales by vehicle type, with the commercial segment smaller but growing at a healthy clip.
By channel, OEM installations still bring in the most revenue as carmakers bundle recorders into factory packages. The aftermarket, worth around US$ 357 Mn in 2017, is growing faster, supported by affordable devices that owners can fit themselves.
North America stays in front and is expected to keep expanding at a healthy rate. In Europe, sales are set to reach US$ 375.1 Mn by 2022 as awareness rises and affordable aftermarket options spread. Asia Pacific excluding Japan remains attractive on the back of strong car sales in China and India, where price-sensitive buyers are pushing manufacturers to pack more features, including recorders, into affordable models. Japan stands out for pace, with its market expected to pass US$ 125 Mn by 2022.
The core pull is safety. Footage from a dashcam increasingly settles disputes over road incidents and speeds up insurance claims, and encouragement from law enforcement has reinforced the habit. As carmakers fold recorders into standard safety packages and aftermarket prices ease, the barrier to ownership keeps dropping.
The field mixes specialist dashcam makers with larger electronics groups.
For suppliers, growth favours those who can serve the aftermarket and offer dual-channel features at accessible prices. Investors get a market with steady, safety-led demand and a clear premium tier forming. Procurement teams can plan around OEM channels leading revenue while watching Japan and the aftermarket for the quickest gains.
Fact.MR's study covers the global car DVR market for the 2017 to 2022 forecast period, with segmentation by product, price range, vehicle type, sales channel and region. It sizes each segment, maps the competitive field, and weighs the safety and regulatory forces shaping demand. Further detail is available in the car DVR market report.
Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. The firm is known for its syndicated research, custom research and consulting solutions, helping clients make decisions on demand, competition, investment, procurement and future growth.
Car DVR Market
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Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. We are known for our syndicated research, custom research, and consulting solutions.