In Vehicle Video Surveillance Market Global Market – Overview

In-Vehicle Video Surveillance Market has an estimation of USD 11.5 Billion to grow its market size at 26.3% CAGR by 2030.

In vehicle video surveillance is gaining popularity in many countries with introduction of dashcam video cameras for vehicles to film the road in front of or behind the vehicle for evidence in the event of an accident or undisciplined driving. With automotive industry focused on developing driverless cars, many drivers look forward to enhancing their vehicles and improving in-vehicle experience. A global trend among the drivers is to embrace in vehicle video surveillance by adopting on-board cameras into their vehicles. Advancements in video surveillance technology is one of the key drivers for adoption of in vehicle video surveillance systems opening new doors for on-board cameras for recording the road trip, merging and reducing the blind spots, and preventing parking mishaps. In vehicle video surveillance systems are rapidly adopted by school buses to monitor students, drivers and employees. Furthermore, government organizations are adopting in vehicle video surveillance systems for public safety for undercover surveillance in fleet of tactical vehicles, combat vehicles and reconnaissance vehicles. Governments in various countries around the globe have already adopted in vehicle video surveillance for metro trains to ensure the safety of the passengers and drivers by providing real-time video recording while the train is in operation. Many passenger transit buses are now equipped with digital bus cameras offering and expert witness in case of any incident, further enhancing protection of the civilians. Law enforcement agencies around the world are adopting in vehicle video surveillance for police vehicles to protect police officers. Most of the healthcare and medical sector deploys in vehicle video surveillance in Emergency Medical Service (EMS) vehicles to monitor the patient condition inside the ambulance. These are the key driving factors for the growth of in vehicle video surveillance market offering various hardware, software and services for in vehicle video surveillance. With growing IoT devices, there has been a rising demand for connectivity and security of people in vehicles such as cars, trucks, and trains which plunges the adoption of in vehicle video surveillance systems.

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Competition Dashboard

Zhejiang Dahua Technology Co. Ltd. (China), Bosch Group (Germany), Delphi Automotive PLC (U.K.), Advantech Co. Ltd. (Taiwan), Seon (Canada), Amplicon Liveline Ltd. (UK), FLIR System Inc. (U.S.), Nexcom International Co. Ltd. (Taiwan), Hangzhou Hikvision Digital Technology Co. Ltd. (China).

In Vehicle Video Surveillance Market Global Market - Segmentation

Segmentation by Component: Hardware, software and services. The hardware solutions include cameras, storage devices, video encoders, and other accessories. The software solutions include video management systems (VMS) and video analytics. The services include maintenance and installation services.

Segmentation by Application: Trains, buses, cars, transport vehicles, marine vehicles, aircrafts, drones and others

Segmentation by Vertical: Transportation & logistics, law enforcement, government, industrial, automotive, military and defence, and others.

Segmentation by Region: North America, Europe, Asia Pacific and Rest of the world.

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Regional Analysis

The regional analysis of In Vehicle Video Surveillance market is studied for North America, Europe, Asia Pacific and Rest of the World. North America is estimated to account for the largest share of the market due to high penetration of in vehicle video surveillance systems in various applications due to government regulations for improved safety and security of the civilians. Furthermore, the region has high deployment of in vehicle video surveillance solutions for first responder vehicles, public transit vehicles, school buses and military vehicles to ensure reduction of illegal and criminal activities in US, Canada and Mexico, further driving the market growth. In European region, many countries have deployed in vehicle video surveillance systems in buses, subways, ferries and other mass transit vehicles due to recently increasing terror attacks which drives the market growth in European region. The Asia-Pacific countries such as China and India provide a tremendous growth opportunity for in vehicle video surveillance market due to increasing penetration of advanced cars with safety installations, automotive night vision systems and driver monitoring systems. Furthermore, in countries such as Japan, Australia and Singapore the automotive sector offers superior safety systems in cars for their customers. Another factor that drives the growth of in vehicle video surveillance market in this region is the government investments to adopt high end in vehicle video surveillance for public transit vehicles to enhance passenger and public safety.