Global North America Car DVR Market - Insights, Opportunity Analysis, Market Shares & Forecast to 2023 - Research and Markets

Research and Markets has announced the addition of the "Global North America Car DVR Market Insights, Opportunity Analysis, Market Shares and Forecast, 2017 - 2023" report to their offering.

Research and Markets has announced the addition of the "Global North America Car DVR Market Insights, Opportunity Analysis, Market Shares and Forecast, 2017 - 2023"^[1] report to their offering.< /span>

North America Car DVR market has primarily led due to various factors such as growing road accidents, use of multiple technologies such as accelerometers, ADAS etc. in car DVRs and availability of better HD displays. In addition, growing road accidents is also enhancing the demand for the market. In 2015, 35,092 people have died on the U.S. roadways, as per National Highway Traffic Safety Administration (NHTSA), a rise of 7.2% compared to 2014.

The trend has continued in 2016, with NHTSA estimates approx. 17,775 traffic fatalities in the first six months of 2016 which is 10.4% compared to the 16,100 killed on roads in the similar period of 2015. The U.S. government has mandate the installations of black boxes emphasizes the government support to such systems and ultimately leading the demand for Car DVR in the region.

However, some negative factors are impeding the market growth such as lack of skilled professionals and privacy concerns. Though, the market has lot of potential with the mandate installations of black box data recorders and growing car sales in the region. The market is facing crucial challenges i.e. high initial investment.

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