Friday, October 27, 2023

Automotive Data Logger Market Growth rate, Key Players, Forecast Period 2032

 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

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