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Global Automotive Drive Market Insight January 6, 2022 Comments

Global Automotive Drive Recorder Market has witnessed growing treads over the five years. According to the World Knowledge Information (WKI)Global Automotive Drive Recorder Market Report 2021, Forecast to 2026. The compound annual growth rate (CAGR) for the 2021-2026 period is projected to be 13.5% base on WKI regression analysis model.
Analysts’ Viewpoint:
“With the continuous increase of vehicles, road traffic injuries and traffic accidents are increasing,The camera connected to the vehicle can look the situation of the side of the vehicle, so the driving recorder can clarify the responsibility of the traffic accident. In addition, the driving recorder can also record the surrounding beautiful scenery when the vehicle is driving, you can export the video stored when you go home at your leisure, so that you can recall the beautiful scenery you have browsed in the future.While the functions continue to diversify, the sales volume of driving recorders will continue to grow.”said Wikky, Senior analyst, Global New Energy Market Research Center in WKI.
Market Insight:
Based on the original technology, high-end Automotive Drive Recorder manufacturers tend to use larger memory and higher-definition cameras to provide consumers with a better experience.According to Market News:Incorporates an SD slot that supports cards of up to 512GB ensuring ample capacity for recording a long journey.Wi-Fi 802.11 b/g/n connectivity means that the footage can be automatically uploaded when the vehicle comes within range of the corporate wireless network, and also provides the opportunity to minimize data costs when carrying out OTA updates.The device’s support for 4G wireless and GPS, which provides accurate positioning data at all times, makes real-time route tracking and monitoring possible over using a cloud management portal. The ability to adjust and optimize routes, based on live traffic restrictions or accidents, can result in significant cost-savings for fleet operators. Further savings can be achieved by capturing and analyzing vehicle CAN Bus data such as idle time, fuel consumption, speed, and distance traveled.Under such circumstances, driving recorder manufacturers have increased product R&D input to adapt to the rapid development of the automotive industry.
Competition Landscape:
The global Automotive Drive Recorder industry is divided according to enterprise,the major companies profiles in the Automotive Drive Recorder market share include Blackvue, Qihoo 360, Shenzhen First Scene Technology(Alladin Group) and Lukas Dashcam etc.And because of the low technical threshold of the driving recorder, more and more companies have begun to enter this industry. In this case, the market competition of driving recorders is very fierce.
Segmentation of Automotive Drive Recorder Market:
The global Automotive Drive Recorder market is segmented on the basis of number of cameras. By number of cameras, it is divided into single camera, dual camera and panoramic driving recorder.Among the three categories, a single camera is the cheapest, but it can only record traffic data in front of the car. The panoramic driving recorder is the most expensive and can record the driving images of the car in all directions except for the roof and the bottom of the car. However, it is relatively expensive. When installing, it is necessary to remove the door of the car and install the side lens on the side mirrors. The dual camera is somewhere in between, which is equivalent to having the functions of a single-camera recorder and reversing image at the same time. It is also the most installed type at present. Even many single-camera driving recorders support access to the reversing image of the car itself. Become a dual-camera version.
Automotive Drive Recorder Market: Regional Analysis
In terms of geography, the Global Automotive Drive Recorder market has been segmented into: North America, Asia-Pacific, Europe, South America, and the Middle East and Africa. North America is estimated to be the largest Automotive Drive Recorder market and Asia-Pacific is projected to grow at the fastest CAGR during the forecast period. This growth can be attributed to the improving socio-economic conditions in emerging economies such as China and India. The increase in per capita disposable income in these countries has resulted in an increased Automotive Drive Recorder production and sales. As the functions of the driving recorder become more diversified, the sales volume of the driving recorder will grow steadily.

Cagr: 13.5%
Largest share area:American
Largest share country:USA