Market Overview | Accident Recorders Market
The global Accident Recorders Market is currently valued at $2.98 billion USD. The global accident recorders market is expected to grow at a 7.7% CAGR to reach $5.92 billion by 2028.
The Accident Recorders Market refers to the market for devices and systems that are used to record data and events in the event of an accident. These systems typically include event data recorders (EDRs), commonly known as “black boxes,” which are installed in vehicles to collect information about vehicle performance, speed, and other data related to the accident.
The market for accident recorders is driven by the increasing need for data and information in the investigation of road accidents and the desire to improve road safety through the use of data analysis. The market is expected to grow as more and more vehicles are equipped with these devices and as demand for data-driven solutions for road safety increases.
Competitive Analysis | Accident Recorders Market
Key players in the Global Accident Recorders market are
- Delphi
- Continental
- Blackbox Guard
- BlackVue
- Garmin
- Papago
- Spy Tec
- Thinkware
- WickedHD
- Valeo
- Clarion
- Eken
- RoadHawk
- Transcend
- Old Shark
- KDLINKS
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Report Scope | Accident Recorders Market
The report forecasts the size of the Accident Recorders market for components from 2023 through 2029.
The Executive Summary provides a snapshot of key findings of the report. The introduction chapter includes research scope, market segmentation, research methodology, and definitions and assumptions. It involves extreme rigorous scientific methods, tools and techniques to estimate the market size.
Exhaustive secondary research is being carried out to collect information related to the market, the parent market, and the peer market. Primary research is undertaken to validate the assumptions, findings, and sizing with the industry experts professionals across the value chain of the market. Both top-down and bottom-up approaches are employed to estimate the complete market size.
The chapter on market dynamics includes market drivers, restraints, and opportunities which helps familiarise with market potential and upcoming opportunities. The chapter on key insights includes emerging trends from major countries, latest technological advancement, regulatory landscape, SWOT analysis, and porters five forces analysis.
This chapter provides detailed insights of the market which derives the market trends, changing phase of investments, scope of profit potential, and helps to take appropriate business decisions. The chapter on competitive analysis includes profiling of leading companies in the global market to map the leading companies and their focus of interest in the market.
After deriving the market size from the market size estimation process, the total market has been split into several segments and sub-segments. Data triangulation and market breakdown procedures are used to complete the overall market engineering process and arrive at the exact statistics for all segments and sub-segments. The data triangulation is carried out by studying various factors and trends from demand and supply perspectives.
Segmentation Analysis | Accident Recorders Market
The global Accident Recorders market is segmented based on By Type, Application, and Region.
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This study forecasts revenue and volume growth at global, regional, and country levels from 2018 to 2029. Global Accident Recorders market is distributed on the basis of the below-mentioned segments:
Global Accident Recorders Market, By Type:
- Single Channel
- Dual Channel
Global Accident Recorders Market, By Application:
- Passenger Car (PC)
- Light Commercial Vehicle (LCV)
- Heavy Commercial Vehicle (HCV)
Global Accident Recorders Market, By Region:
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- UAE
- Rest of LAMEA
Research Objectives | Accident Recorders Market
- To study and analyze the global Accident Recorders Market size by key regions/countries, product type and application, history data from 2017 to 2021, and forecast to 2029.
- To understand the structure of Accident Recorders Market by identifying its various sub segments.
- Focuses on the key global Accident Recorders players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Accident Recorders with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the size of Accident Recorders submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
The report lists the major players in the regions and their respective market share on the basis of global revenue. It also explains their strategic moves in the past few years, investments in product innovation, and changes in leadership to stay ahead in the competition. This will give the reader an edge over others as a well-informed decision can be made looking at the holistic picture of the market.
Table of Contents | Accident Recorders Market
Chapter 1: Overview of Accident Recorders Market
Chapter 2: Global Market Status and Forecast by Regions
Chapter 3: Global Market Status and Forecast by Types
Chapter 4: Global Market Status and Forecast by Downstream Industry
Chapter 5: Market Driving Factor Analysis
Chapter 6: Market Competition Status by Major Manufacturers
Chapter 7: Major Manufacturers Introduction and Market Data
Chapter 8: Upstream and Downstream Market Analysis
Chapter 9: Cost and Gross Margin Analysis
Chapter 10: Marketing Status Analysis
Chapter 11: Market Report Conclusion
Chapter 12: Research Methodology and Reference
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