Video Event Data Recorder Market: Transparent Insurance Procedures and Improved Monitoring of Public Transport and Fleet Operations to Fuel Demand for VEDR in the Passenger Cars Segment: Global Industry Analysis and Opportunity Assessment, 2016-2026
- Rep Id : XPLREP1113
- Published On : January, 2017
- No. of Pages : 178
- Category : Semiconductors
Market Insights presents a comprehensive analysis of the global video event data recorder market in a new publication titled ‘Video Event Data Recorder Market: Global Industry Analysis and Opportunity Assessment, 2016–2026’. In this report, Market Insights has focussed on offering detailed insights and in-depth research on the global video event data recorder market over a 10 year forecast period 2016 – 2026. In this report, we have covered the important factors driving the expansion of the global video event data recorder market; untapped opportunities for market players in this field; trends and developments shaping the dynamics of the global video event data recorder market; and other insights across various key segments. In addition, we have identified the key drivers and restraints affecting the development of the global video event data recorder market. Changing trends are also analysed and incorporated in the report to equip clients with exhaustive information about the market resulting in better decision making. Macroeconomic factors that directly and indirectly affect the performance of the global video event data recorder market are also incorporated in the report.
Methodology adopted while researching the global video event data recorder market
The forecast presented in our report assesses the total revenue by value across the global video event data recorder market. In order to offer an accurate forecast, we have started by sizing the current market, which forms the basis of how the global video event data recorder market will develop in the future. Given the volatile characteristics of the market, we have triangulated the outcome of different types of analyses, based on the technology trends.
Market Insights analysts have taken a structured research approach to arrive at a comprehensive revenue forecast of the global video event data recorder market. The research methodology adopted in this study is based on forecasts that focus on both global as well as regional trends in the economy, technology and population; along with company, product, country and demography specific trends. These trends are analysed thoroughly and underlying factors are also identified.
“We have considered factors such as economic, technological, institutional, behavioural and competitive factors, as well as other factors that may impact the performance of the global video event data recorder market.”
In the next step, we have built detailed forecasting models to quantify the impact of each of these factors on industry spending and created a forecast scenario for each causative factor to identify the contribution of each factor to overall market performance. In addition to annual spending figures, data such as country-wise vehicle production, country-wise vehicle sales, consumer spending, adoption rates of automotive telematics devices and services across regions, and revenue contribution of the top players is also taken into account. In order to accurately represent the impact of these figures on annual spending, annual averages are used rather than year end totals. Figures are estimated in local currencies for each country and then converted to US dollars (US$) using the average 2016 exchange rate, which is held constant for each historical year and forecast year. This means the figures reflect industry trends, rather than being distorted by fluctuations in international exchange rates.
Key metrics incorporated in the report
CAGR for the various segments across key regions assessed
Year-on-Year (YoY) growth rate for the different segments growth to understand the predictability of the market and to identify the right opportunities across the global video event data recorder market
Basis Point Share (BPS) analysis to understand individual segments’ relative contribution to market growth and hence identify the key trends governing the global video event data recorder market
Absolute dollar opportunity analysis of all key market segments to assess the level of opportunity that providers can look to achieve, as well as to identify potential resources from a sales and delivery perspective in the global video event data recorder market
Sectional overview of the report on the global video event data recorder market
The first section of the report contains the definition of the global video event data recorder market and a write up regarding how the analysts at Market Insights have segmented the target market. The next sub section details the research methodology that has been used to arrive at the indicated market numbers. This is followed by a sub section about the acronyms and assumptions considered in report.
The second section of the report briefly elaborates the major factors impacting and enabling the growth of the global video event data recorder market as well as the growth of the parent industry. This section also includes a description of the key growth drivers and the impact of various drivers on the global video event data recorder market. This section also includes a description of the major challenges and the impact of these challenges on the global video event data recorder market. Further, in this section, the correlation of the global video event data recorder market with the parent industry is also given along with its performance. Lastly, this section highlights the trends and recent developments in the global video event data recorder market.
The third section of this report presents a detailed analysis of and insights into the target market and includes information such as market size and CAGR – historic, current, estimated and forecasted for the next 10 years. Year-on-year growth rate comparison along with the market share of individual segments and sub-segments has also been included in this section. Last but not the least, the absolute dollar opportunity recorded by each segment of the global video event data recorder market across the different assessed regions is also provided in this section.
The last section of the report is dedicated to a competition assessment in the global video event data recorder market along with the company profiles of some of the key players in this market. This competitive landscape encompasses a dashboard view of the competitive benchmarking, based on a relative positioning of the competitors and product offerings of the leading market players. Company profiles cover a broad business overview, financials, recent developments, SWOT analysis and brief business strategies adopted by key players operating in the global video event data recorder market.