Vehicle Camera Market, Vehicle Camera Market Size, Vehicle Camera Market Outlook, Vehicle Camera Market Key Trends, Vehicle Camera Market Competitors Analysis, Vehicle Camera Market opportunity Analysis, Vehicle Camera Market Shares, Vehicle Camera Market Forecast, Industry Analysis, Business Insights, Intelligence, And by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Global vehicle camera is a device that is used for recording videos, and for capturing images of inside and outside the vehicle. These cameras are attached to the dashboard and windshield of the vehicle, and provides various features such as G-sensor, loop recording, and others. These cameras are available at a price ranging from less than US$ 100 to more than US$ 400. These cameras help drivers in parking, gathering critical evidence, assisting for parking, and in providing night vision. Depending upon the power supply, these cameras provide continuous video recording that can be used as an evidence in the case of accidents.
Market Dynamics:
Increasing number of road accidents is expected to drive the market growth during the forecast period. According to the World Health Organization, road traffic was the leading cause of death for the people aged between 15 and 29 years. Road accidents has increased by 90% in the low and middle economical countries. Such factors have increased the demand for cameras that are attached to the vehicle in order to provide safety and security to vehicle, driver, and passenger. These cameras provide blind spot detection that can road accidents. Furthermore, road accidents lead to the economic and financial loss to the individuals, their families, and this is expected to drive the global vehicle camera market.
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