Accident Recorders Market – Outlook, Size, Share & Forecast 2017 to 2027

Posted on 2021-02-22 by Future Market Insights, Inc in Internet & Online // 0 Comments

The WHO (World Health Organization) stats show that every year, roughly 1.25 million people die in road crashes, on average 3,287 deaths per day. Distracted driving remains the main cause of fatal road accidents, which has triggered installation of safety and precautionary measures in automobiles.

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Accident recorders save precise information before, during and after the crash, and deliver considerable source of data for vehicle owners and regulatory authorities to determine actual cause of any crash. When any car accident takes place, accident recorders save the information recorded a few seconds before and/or after the accident. Numerous benefits of accident recorders are expected to fuel growth in the accident recorders market.

Outlook

A new report available with Fact.MR about the global accident recorders market delivers a comprehensive analysis that can assist industry players engaged in accident recorder manufacturing or are intended to initiate the business. The in-depth analysis includes all important factors that hold significant influence on the market growth throughout the forecast period of 2018 – 2027.

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CDC states that every day approximately 9 death and 1000 injuries occur due to crashes in the United States. This statics are solely reported for the cases of distracted driving.

Owing to increased incidences of distracted driving across the globe, the automotive industry is actively involved in the installation of safety and precautionary measures in the vehicles. As accident recorders save accurate information before, during and after the crash, it delivers a significant source of data for regulatory authorities and vehicle owners to precisely determine the cause of any crash. The fleet industry is another important end-user of the accident recorders.

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In addition, regulation on mandatory installation of accident recorders in race cars and incidences of self-driving car crashes are likely to boost adoption of accident recorders in the future.

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