MANUFACTURE AND CONSUMER OUTLOOK: FORECAST 2020-2026 FOR THE VIETNAM MARKET FOR VEHICLE RECORDINGS (AUTO-DASHCAM, DASHCAMS).

The tachograph market was valued at US$3888.9 million in 2019 and is projected to grow to US$6007.3 million by 2026 at a CAGR of 11.5%.

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SEATTLE, WASHINGTON, USA, Dec. 17, 2022 /EINPresswire.com/ — Global Driving Recorder Market Overview

A tachograph is a device that allows you to record data about your journey. This data can include things like your speed, the time you spend driving and your location. It can also be used to record things like weather conditions and traffic conditions. This data can be very useful to improve your driving habits or provide evidence in the event of an accident.

The growth rate of tachograph market is anticipated to be quite high in the coming years. This is due to a number of factors, including the increasing popularity of dash cams and a growing awareness of the benefits of recording your driving. Additionally, as cars become more connected, it’s likely that tachographs will become even more common. We can therefore assume that the market for these devices will grow significantly over the next few years.

Market segment and regional analysis

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There are two main types of tachographs – single-channel and multi-channel dash cams. As the name suggests, single-channel dashcams only have one camera, while multi-channel dashcams have multiple cameras.

The application of tachographs varies depending on the type of vehicle in which they are installed. In passenger cars, they can be used to provide evidence in the event of an accident or to track the driver’s route and speed. On commercial vehicles, they can be used to monitor driving patterns and identify areas for improvement, or to investigate incidents such as accidents or theft.

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There are several regions where tachographs are commonly used, including the United States, Europe, China, Japan, India, Southeast Asia, Latin America, and the Middle East and Africa. Each region has its own laws and regulations regarding the use of tachographs.

Prominent key players of Driving Recorder Market

There are many key players in the tachograph market, each with their own strengths and weaknesses. Blackview First Scene 360 ​​(QIHU) is a leading player in the market with a strong product offering and good customer support. Philips Nextbase UK is another leading player with a wide range of products and a strong focus on quality. PAPAGO DOD SAST is another well-known brand that offers good value for money and a wide range of products. Garmin DEC Qrontech REXing HUNYDON Kehan ​​​​JADO Blackvue DAZA iTRONICS Fine Digital Cobra Electronics Cansonic HP YI Technology is another leading player in the market with a strong product portfolio and good customer service.

Table of the main market segments: Driving recorder market

Based on Types, the Driving Recorder market is primarily segmented into:

• Single channel dashcam
• Multi-channel dash cam

Based on Applications, Driving Recorder Market is:

• Passenger vehicle
• Commercial vehicle

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecasts of the following regions are covered:

• United States
• Europe
• China
• Japan
• India
• South East Asia
• Latin America
• Middle East and Africa

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Analysis of the impact of the Russia-Ukraine War and COVID-19

The Russia-Ukraine war and the COVID-19 pandemic had a significant impact on the tachograph industry. The demand for tachographs has risen sharply as people want to document their trips in the event of an accident or incident. The war has heightened tensions between Russia and Ukraine, leading more people to want to document their travels in case they get caught in the crossfire. The COVID-19 pandemic has also led to an increased demand for tachographs as people want to document their trips in case they fall ill or are quarantined.

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Key Drivers and Obstacles in Driving Recorder Market

There are a number of key drivers and barriers impacting the tachograph market. The main drivers include the need for safety, the rising cost of vehicle insurance and the growing number of accidents and incidents on the road. The main obstacle to wider adoption of tachographs is cost, as they are still relatively expensive compared to other vehicle technologies. However, as prices continue to drop and more and more people become aware of their benefits, it is likely that tachographs will become more popular in the years to come.

Key benefits for industry participants and stakeholders:

• Key benefits of tachographs include lowering insurance premiums, providing legal protection in the event of an accident and
Assisting law enforcement in investigations.
• In addition, these devices can also help companies track their fleet vehicles and monitor driver behavior.
• Hence, the growing awareness of these benefits is expected to propel the market over the forecast period.

Following is the list of TOC for Driving Recorder Market:

• Report overview
• Scope and definition of the study
• Research methodology
• Key market segments
• Covered Players: Ranking by Drive Recorder Earnings
• Market analysis by type
• Market by Application
• Customer service
• Personal assistant
• Customer loyalty
• Retention
• Impact of Covid-19: Global Important Government Policies
• Global Driving Recorder Market Trends and Growth Strategy
• Profiles of players in the global driving recorder market
• Company Profile of Artificial Solutions
• Global market share of tachograph production capacity by market participants
• Global Driving Recorder Revenue Market Share by Market Players
• Global production forecast for tachographs by region
• Global Driving Recorder Marketing Channel, Distributors, Customers and Supply Chain
• Analyst viewpoints/conclusions
• Disclaimer

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Why is a Driving Recorder Market Research Report important?

• First, it can help identify potential new markets for tachographs.
• Second, it can provide insights into the competitive landscape and barriers to entry for new entrants.
• Third, it can help assess the potential for new products and services in the tachograph market.
• Fourth, it can help determine the marketing mix and strategies that are most likely to be successful in that market.
• Finally, a market research report on tachographs can provide valuable insights into consumer preferences and trends.

Mahesh Patel
VIRTUOUS MARKET RESEARCH PRIVATE LIMITED
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