Market Overview:
The global panoramic driving recorder market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for safety and security features in vehicles, rising incidences of road accidents, and the growing awareness about the benefits of using panoramic driving recorders. Based on type, the global panoramic driving recorder market can be segmented into integrated and portable devices. The integrated devices are those that are installed inside a vehicle’s cabin and offer a wide-angle view of the surroundings. On the other hand, portable devices are those that can be carried around by drivers or passengers and offer a 360-degree view of their surroundings. Of these two types, integrated devices held majority share in 2017 owing to their high adoption rates across passenger cars as well as commercial vehicles segments across regions worldwide.
Product Definition:
A panoramic driving recorder is a device that records video footage of the driver's surroundings while they are driving. This can be used as evidence in the event of an accident or to provide proof of something that happened while the driver was driving.
Integrated:
Integrated is a new term in the Panoramic Driving Recorder market and it has been used to mean different things at different times.
An integrated drive system (IDS) is an automobile technology that combines the power of a vehicle's engine with its braking system, enabling drivers to save fuel by reducing engine speed when stopped or parked.
Portable:
The portable is a device that helps in taking panoramic images. It works by moving the camera around to obtain a full view of the surroundings. The first working prototype of this device was developed in France, by an engineer named Christian Freron in 1808. However, it was not until nearly two centuries later that this technology found its way into automobiles and became known as “portable” owing to their compact size and ease of use while driving.
Application Insights:
The global market is segmented by application into passenger car and commercial car. The passenger car segment held the largest share of over 70.0% in 2017 owing to the growing demand for advanced technology driving recorder among consumers, especially in developed regions such as North America and Europe. Moreover, an increase in production of luxury cars with panoramic cameras installed as standard equipment is expected to drive the product demand further over the forecast period.
The commercial vehicle segment is anticipated to witness significant growth during the forecast period owing to increasing adoption of these devices by transport companies including bus operators and logistics firms for their safety measures while operating vehicles on public roads across various regions globally including Asia Pacific and Middle East & Africa countries.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to the presence of major automobile manufacturers such as Continental AG, Ford Motor Company, and General Motors. These companies are actively engaged in developing advanced safety technologies for vehicles which is likely to drive the regional demand for GPDR over the forecast period.
The Asia Pacific region is expected to witness significant growth over the forecast period owing to increasing road accidents and growing awareness about vehicle safety systems in emerging economies such as India and China. Furthermore, rising disposable income coupled with rapid urbanization will also contribute towards increased sales of passenger cars thereby driving regional demand for GPDRs over the next eight years.
Growth Factors:
- Increasing demand for safety and security while driving
- Rising disposable income of consumers
- Technological advancements in panoramic driving recorders
- Growing awareness about the benefits of using panoramic driving recorders
- Entry of new players in the market
Scope Of The Report
Report Attributes
Report Details
Report Title
Panoramic Driving Recorder Market Research Report
By Type
Integrated, Portable
By Application
Passenger Car, Commercial Car
By Companies
Philips, Thinkware, Mio, Road Rover, Hikvision, Cansonic, Newsmy, Zistek, Gregory, Shenzhen Haotianjun Electronic Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Panoramic Driving Recorder Market Report Segments:
The global Panoramic Driving Recorder market is segmented on the basis of:
Types
Integrated, Portable
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Car, Commercial Car
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Philips
- Thinkware
- Mio
- Road Rover
- Hikvision
- Cansonic
- Newsmy
- Zistek
- Gregory
- Shenzhen Haotianjun Electronic Technology
Highlights of The Panoramic Driving Recorder Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Integrated
- Portable
- By Application:
- Passenger Car
- Commercial Car
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Panoramic Driving Recorder Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A panoramic driving recorder is a device that captures video footage from all directions while the car is in motion. This footage can be used to create a 360-degree view of what happened while the car was driving.
Some of the major players in the panoramic driving recorder market are Philips, Thinkware, Mio, Road Rover, Hikvision, Cansonic, Newsmy, Zistek, Gregory, Shenzhen Haotianjun Electronic Technology.
The panoramic driving recorder market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Panoramic Driving Recorder Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Panoramic Driving Recorder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Panoramic Driving Recorder Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Panoramic Driving Recorder Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Panoramic Driving Recorder Market Size & Forecast, 2020-2028
4.5.1 Panoramic Driving Recorder Market Size and Y-o-Y Growth
4.5.2 Panoramic Driving Recorder Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Integrated
5.2.2 Portable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Passenger Car
6.2.2 Commercial Car
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Panoramic Driving Recorder Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Panoramic Driving Recorder Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Integrated
9.6.2 Portable
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Passenger Car
9.10.2 Commercial Car
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Integrated
10.6.2 Portable
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Passenger Car
10.10.2 Commercial Car
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Integrated
11.6.2 Portable
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Passenger Car
11.10.2 Commercial Car
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Integrated
12.6.2 Portable
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Passenger Car
12.10.2 Commercial Car
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Integrated
13.6.2 Portable
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Passenger Car
13.10.2 Commercial Car
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Panoramic Driving Recorder Market: Competitive Dashboard
14.2 Global Panoramic Driving Recorder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Philips
14.3.2 Thinkware
14.3.3 Mio
14.3.4 Road Rover
14.3.5 Hikvision
14.3.6 Cansonic
14.3.7 Newsmy
14.3.8 Zistek
14.3.9 Gregory
14.3.10 Shenzhen Haotianjun Electronic Technology
