Increasing cases of unexpected incidences, such as road accidents and car thefts, are anticipated to propel demand for car Digital Video Recorders (DVRs) across the globe. Such advanced gadgets can provide audio and video recordings as evidence in case of legal proceedings. Major product variants of car DVR are single-channel and dual-channel systems. Single-channel systems record view only through the vehicle windshield, whereas, dual-channel systems records both front and rear view with two separate cameras.
Advanced Vehicle Surveillance Kit to Offer 4G Connectivity
In the coming years, dual-channel systems are likely to contribute to the maximum revenue generation owing to better features than single-channel systems. However, dual-channel DVRs are also experiencing rapid growth. Considering the rising demand for dual-channel DVRs, most manufacturers are launching new and innovative systems integrated with advanced features, such as extendable storage, Wi-Fi connectivity, and in-built global positioning system (GPS).
For instance, Videocon recently launched 4G-enabled vehicle surveillance system including stand-alone outdoor and indoor cameras having 4G sim slots. Its in-built internet connectivity allows users to place these cameras anywhere required. Both DVR and cameras are highly resistant to vibrations. The DVR offers GPS, Wi-Fi, and 3G/4G connectivity.
For instance, Videocon recently launched 4G-enabled vehicle surveillance system including stand-alone outdoor and indoor cameras having 4G sim slots. Its in-built internet connectivity allows users to place these cameras anywhere required. Both DVR and cameras are highly resistant to vibrations. The DVR offers GPS, Wi-Fi, and 3G/4G connectivity.
Market Insights
The global car DVR market is likely to reach at USD 1.84 billion by 2022, according to a report by Grand View Research, Inc. Positive government initiatives regarding in-car safety in order to rising concerns regarding accidents and theft cases can fuel market growth. Extensive usage of car DVRs due to increasing number of unexpected incidences such as hit and run cases, road rage, and misconduct would also fuel market growth.
Impeding prices of cameras coupled with steady innovation in wireless technology is expected to drive the market. Growing use of these systems in law enforcement and police patrol vehicles can also augment market expansion in the coming years. Some of the prominent companies operating in the market for car DVRs are Honeywell International, Inc.; CNSLink Co., Ltd.; Amcrest Technologies; ABEO Technology Co., Ltd.; and DOD Tech.
In-Depth Research Report On Car DVRs Market:
https://www.grandviewresearch.com/industry-analysis/car-dvr-market-analysis
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