Automotive Data Logger Market Analysis
The global automotive
data logger market is predicted to touch USD 6.9 billion at a 7.00% CAGR
between 2023- 2032, states the recent Market Research Future (MRFR) analysis. A
vehicle data logger, simply put, is a powerful and flexible device that
collects a diverse range of signals such as GPS, analog, CAN, and OBD. It has
been designed for OEM engineering data acquisition and vehicle tests and can
help to capture real-time data from different sources. These sources include
speed, longitude, latitude, throttle settings, brake, RPM, and temperatures,
all sans the need for user interaction or extra instrumentation for extensive
time periods.
Various
factors are propelling the global automotive data logger market share.
According to the recent MRFR report, such factors include the increase in the
production of electric cars & autonomous vehicle testing, advances in
technology in modern cars, an increase in the number of electronic products in
cars, and burgeoning demand for real-time vehicle data.
On the
contrary, lack of a trained workforce, high cost of data acquisition systems,
improper analyses & collection of data, and the on-going COVID-19 impact
are factors that may limit the global data logger market growth over the
forecast period.
Market Segmentation
The MRFR
report highlights an inclusive segmental analysis of the global automotive data
logger market based on connection type, channels, and application.
Based on
the application, the automotive data logger market is segmented into post-sales
and pre-sales. Of these, the post-sales application segment is predicted to
lead the market over the forecast period.
By
channels, the automotive data logger market is segmented into FlexRay, LIN, CAN
FD, and CAN. Of these, the Ethernet channels segment will dominate the market
over the forecast period owing to its faster data transfer speed.
By
connection type, the global automotive data logger market is segmented into
Bluetooth/Wi-Fi, USB, and SD card. Of these, the Bluetooth/Wi-Fi connection type
segment will have a major share in the market over the forecast period,
followed by the SD card segment that is predicted to grow at the fastest pace
over the forecast period.
Regional Analysis
Based on
the region, the global automotive data logger market report covers the recent
trends and growth opportunities across the Asia Pacific (APAC), the Americas,
Europe, & the Middle East and Africa. Of these, the Americas will have the
lions share in the market over the forecast period. The increasing use of
electric cars due to growing concerns about the environment, vendors’
enthusiasm to adopt current technologies, and frequent technological
advancements are adding to the global automotive data logger market growth in
the region.
The global automotive
data logger market in Europe is predicted to hold the second-largest share over
the forecast period. Increasing sales of electric cars, coupled with the quick
adoption of electronic architectures, are adding to the global automotive data
logger market growth in the region.
The
automotive data logger market in the APAC region is predicted to grow at a
healthy CAGR over the forecast period. Rapid industrialization, infrastructural
developments, and the region being an automobile production hub are adding to
the market growth.
The
automotive data logger market in the MEA is predicted to have steady growth
over the forecast period.
Key Players
Eminent
players profiled in the global automotive data logger market report include
Transtron Inc. (Japan), myCarma (Canada), NSM Solutions (India), Influx
Technology (the U.K.), MadgeTech, Inc (the U.S.), Ipetronik GmbH & Co. KG.
(Germany), MEN Micro Inc. (the U.S.), Danlaw Technologies India Limited
(India), HEM Data Corporation (the U.S.), Dewesoft d.o.o. (Slovenia), Intrepid
Control Systems, Inc. (the U.S.), Xilinx (the U.S.), TTTech Computertechnik AG
(Austria), National Instruments (the U.S.), Racelogic (the U.K.), Harman
International (the U.S.), Continental Automotive GmbH (Germany), Vector Informatik
GmbH (Germany), Delphi Technologies (the U.K.), and Robert Bosch GmbH
(Germany), among others.
MARKET SEGMENTATION
BY Channel
CAN &
CAN FD
LIN
FlexRay
Ethernet,
BY Connection
Type
USB
SD Card
Bluetooth/Wi-Fi
Cellular Modem
BY Application
On-Board
Diagnostics
ADAS & Safety
Fleet Management
Automotive Insurance
FACTORS STUDIED FOR
MARKET FORECAST
Drivers:
Use of
advanced electronic architecture in modern vehicles
Increased incorporation of technologically
advanced solutions in automotive industry
Read
more:
Automotive Side Window
Sunshades Market
Automotive Anti-Lock
Braking System (ABS) Market
Automotive Off-Highway
Engine Market
No comments:
Post a Comment