The global In-Car DVR market is anticipated to grow at a significant CAGR of 5.2% during the forecast period. The growing number of product launches by car DVR providers will boost the market growth. It has been ascertained that there are numerous companies in the global market, which has ultimately led to a competitive marketplace. This has made it challenging for businesses to carve out a distinct identity. As an outcome, companies are implementing newer strategies in order to gain a stronghold in the industry. Product innovation is becoming more prevalent among major companies around the globe. These factors can propel the market growth during the forecast period. However, country’s privacy protection protocols can restrain the market growth in some regions. For instance, in March 2019, Indian Auto Company, a DIPP registered start-up based in New Delhi, that provides automotive solutions in tracking and telematics, smart infotainment, rear seat infotainment, and driver fatigue systems using IoT enabled hardware and platform, has introduced the IAC 404 Connected DVR/In-Dash camera with GPS trackers for both personal and commercial vehicles.
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The COVID-19 pandemic had disrupted the manufacturing operations of various industries across the globe, which had drastically reduced the demand for in-car DVR. Many producers in themarket rely on parts sourced from China. The lockdown had resulted delay in raw material supply chain which halted the new production of car DVRs.Therefore, the demand for in-car DVR was adversely affected by the COVID-19 pandemic. As the COVID-19 situation normalizes, the in-car DVR market started recovery as industrial operations were normalized after the recovery.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global In-Car DVR Market Report by Segment
By Type
- Single Chanel
- Dual Channel
By Application
- Passenger Car
- Commercial Vehicle
Global In-Car DVR Market Report by Region
North America
- US
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global In-Car DVR market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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