Major Factors

The global and India car dashcam market is witnessing significant growth, driven by increasing demand for vehicle safety and security. Dashcams, which record footage while driving, provide crucial evidence in the event of accidents, theft, or insurance claims, making them an essential tool for vehicle owners. In India, the rising number of road accidents and the need for improved driving accountability have led to a growing adoption of dashcams among consumers and fleet operators alike. Technological advancements, such as high-definition recording, night vision, and GPS integration, have further enhanced the functionality of dashcams, boosting their appeal in the market. Moreover, the increasing popularity of ride-sharing and rental services has contributed to the demand for dashcams, as both drivers and passengers seek additional layers of security. However, the high cost of advanced dashcam models and lack of awareness in rural areas may pose challenges to market expansion.

Car Dashcam Market Trends

One of the key trends in the dashcam market is the integration of artificial intelligence (AI) and machine learning (ML) capabilities. AI-enabled dashcams can analyze driving behavior, detect potential collisions, and offer real-time alerts, making them more than just recording devices but active safety tools.

Another trend is the rise of dual-channel dashcams, which provide both front and rear recording capabilities. These models are gaining popularity as they offer comprehensive coverage of incidents, especially in scenarios like rear-end collisions or parking accidents.

Additionally, cloud-based dashcams are emerging as a trend, allowing users to store video footage in the cloud for easy access and sharing, particularly useful for fleet management and insurance purposes.

Car Dashcam Market Share

With almost 33% of the market, Blackview, First Scene, and 360 (QIHU) are the top 3 car dashcam competitors.

Single-channel and multi-channel dashcams are included in the category of car dashcams. Roughly 84% of dashcams are single channel devices.

China holds a nearly 42% production market share, making it the leading provider of car dashcams worldwide. Europe holds a nearly 22% production market share, making it the second largest provider of car dashcams.

With a roughly 30% consumption market share, China is the largest consumer country. Europe, with a 26% consumption market share, is the second-largest consumer region after China.

Scope of and India Car Dashcam Market Report