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The automotive event data recorder market size is forecast to increase by USD 979.6 million, at a CAGR of 4.5% between 2023 and 2028. The market is experiencing significant growth due to several key factors including the rising number of road accidents worldwide has increased the demand for EDRs to help investigators determine the cause of accidents. Additionally, the growing popularity of dashboard cameras for event recording is driving market growth, as these devices often include EDR technology. However, the high investments required to install EDRs and their supporting technologies can be a challenge for market expansion. Despite this, the market is expected to continue growing due to increasing regulations mandating the use of EDRs and advancements in technology leading to more cost-effective solutions.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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