In Vehicle Video Surveillance Market is Estimated to Perceive Accrued Value with a Staggering CAGR

Pune, India, September 24, 2018/MRFR Press Release/- Market Research Future published a cooked research report on “In Vehicle Video Surveillance Market - Forecast to 2032” Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2032

In Vehicle Video Surveillance Market Global Market – Overview

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.

In Vehicle Video Surveillance market may face challenge to implement high-bandwidth communication technologies and high-capacity storage devices to transfer and record real-time high-definition video and images. In addition, data privacy issues and high costs associated with installation and maintenance of these systems pose challenge towards the market growth.

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Industry News

May 2017, Bosch Group partners with Sony Semiconductor Solutions to develop accurate and reliable camera technologies

Bosch Group, a provider of in vehicle video surveillance systems partners with Sony Semiconductor Solutions to develop accurate and reliable camera technologies for improving vehicle sensors during poor lighting conditions to sense and detect obstacles and reducing speed or applying brakes. Moreover, these in car camera technologies will be helpful for road sign recognition, lane control and emergency braking. These cameras will operate reliably in case of sudden change in lighting conditions from dark to light and vice versa.

February 2017, Advantech Co. Ltd. announced Network Video Recorders for AxxonSoft in vehicle and street surveillance applications

Advantech Co. Ltd. a provider of in vehicle video surveillance solutions, announced the availability of Network Video Recorders to integrate with AxxonSoft’s (video surveillance software developer) Video Management System (VMS). Advantech ARK-V, ARK-S series and NVS-500 are compatible with AxxonSoft VMS Axxon Next 4.0 assisting customers by saving time and efforts to implement these solutions for video and street surveillance applications. Moreover, Advantech ARK-V series has ignition power management system and follows in-vehicle EMARK and IEC 60721 5M3 shock/vibration proof standards suitable for in vehicle surveillance applications.

November 2016, Advantech collaborates with GeoVision to boost in vehicle surveillance deployments

Advantech Co. Ltd. a provider of in vehicle video surveillance solutions, collaborated with GeoVision, another video surveillance solution company, to integrate GeoVision’s video management software and IP cameras with Advantech’s ARK-V and ARK-S series hardware. Additionally, as part of this collaboration GeoVision will also offer video analytics functionalities such as license plate recognition, people counting, video stabilization and defog to enhance daily operational efficiency and optimize video surveillance capabilities.

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.

In Vehicle Video Surveillance Market Global Market -

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.