North America Car Dvr Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Competitive Scenario and Forecasts, 2012 to 2016

Nov 10 , 2014- Mumbai, India :Bharatbook.com announces a new report on " North America Car DVR Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Competitive Scenario And Forecasts, 2012 To 2016”. The market is characterized by the presence of a large number of manufacturers from China, South Korea, and Japan. In addition, a number of unknown manufacturers sell inferior quality cameras which are priced considerably lower than the ones sold by reputed manufacturers.

Bharat Book Bureau presents the new report, on “North America Car DVR Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Competitive Scenario And Forecasts, 2012 To 2016”. The North American car DVR market has enormous growth potential over the forecast period. In 2013, the U.S. contributed to more than 90% of the overall market revenue.

Industry Insights

A car DVR is a device which continuously records incidents outside a car’s interior windscreen. Need for generating video evidence for avoiding false accusations and high insurance claims in the wake of increasing accidents, car thefts, and vandalism in the U.S. is expected to drive market growth. Privacy invasion concerns, particularly in the U.S., are expected to challenge the car DVR market growth. Users are apprehensive about the installment of car DVRs owing to their potential vulnerability which can be exposed by trained hackers, thereby compromising security. In 2013, the market was valued at over USD 120 million, and is expected to grow at a CAGR of over 12% over the forecast period.

The market is characterized by the presence of a large number of manufacturers from China, South Korea, and Japan. In addition, a number of unknown manufacturers sell inferior quality cameras which are priced considerably lower than the ones sold by reputed manufacturers. These manufacturers distribute their products through e-commerce portals such as eBay and Amazon. Key manufacturers in the car...