Automotive
Data Logger Market Overview:
An impact analysis on COVID-19 by MRFR
reveals that there has been a significant drop in vehicle sales in the first
few months of 2022, given the shutdowns across countries and the oil price
fluctuations. Leading automotive OEMs are adopting several tactics to mitigate
the negative impact on their businesses by assessing their dealerships to
resume services.
The Automotive
Data Logger Market 2022 can record a significant growth rate of
7% from 2023 to 2032 (appraisal period). The market is also presumed to touch a
valuation of USD 6.9 Bn by 2032-end. We will provide COVID-19 impact analysis
with the report.
The short-term impact of COVID-19 in the
automotive sector has led to shutting down of assembly plants in the United
States (US), manufacturing interruptions across Europe and ceased export of
Chinese components. However, till the time a COVID-19 breakthrough is not
achieved, the automotive industry can remain resilient, given the ongoing
efforts by leading companies to curb revenue losses by adopting recovery
tactics such as mergers and acquisitions and more.
Get Free
Sample Report of Automotive Data Logger Market
Automotive
Data Logger Market Notable Contenders
·
Robert Bosch
GmbH (Germany)
·
Delphi
Technologies (the U.K.)
·
Vector
Informatik GmbH (Germany)
·
Continental
Automotive GmbH (Germany)
·
Harman
International (the U.S.)
·
Racelogic
(the U.K.)
·
National
Instruments (the U.S.)
·
TTTech
Computertechnik AG (Austria)
·
Xilinx (the
U.S.)
·
Intrepid
Control Systems Inc. (the U.S.)
·
Dewesoft
d.o.o. (Slovenia)
·
HEM Data
Corporation (the U.S.)
·
Danlaw
Technologies India Limited (India)
Automotive
Data Logger Market Recent News
February 2020
Honda released its latest Civic Type R, which
comprises a number of driver-assistance features, with the most notable upgrade
to be LogR performance data logger. The data logger in the car helps display
data such as oil pressure, coolant temperature, gear position and more, on the 7-inch
infotainment screen.
Growth
Inducers and Key Barriers
Despite the COVID-19 crisis, the Automotive
Data Logger Market can remain steady in the coming years, primarily owing to
the rapid expansion of the worldwide automotive industry and the rising online
sales of vehicles. The market also benefits from the growing complexity of the electronic
architecture in electric vehicles and ICEs, given the prevalence of strict
emission regulations. The boost in the sales of luxury vehicles with embedded
features and the massive efforts that goes into the upgradation of these features
boosts the use of data loggers.
A majority of the leading automotive data
logger companies focuses on development of highly advanced products and to
achieve this, they are increasingly adopting the latest technologies. These technologies
help the enterprises bring down their operational costs while rendering the workforce
more productive and organized. The Automotive Data Logger Market observes a new
trend, namely the Systems on Chip (SoC) technology that has gained significant momentum
in the automotive industry.
Developed regions are increasingly adopting electric
cars, while the developing areas are also catching up with the trend. This
trend is projected to enhance the growth of the global Automotive
Data Logger Market in the next several years.
Automotive
Data Logger Market Segmentation
·
MRFR’s
detailed segmental market review comprises application, channels, as well as
connection type.
·
The application
areas of an automotive data logger are pre-sales as well as post-sales.
·
The channels
that facilitate the sales of automotive data loggers include ethernet, CAN
& CAN FD, LIN and FlexRay. Ethernet can remain the most rapidly expanding
segment throughout the review period, on account of its fast data transfer
speed.
·
The connection
types described in the market review are SD card, USB and Bluetooth / Wi-Fi. The
Bluetooth / Wi-Fi segment currently holds the leading position in the global market,
while the fastest growth rate is expected to be procured by the SD card
segment.
Automotive
Data Logger Market Regional Study
The regional study of the vehicle data logger
market includes Europe, APAC or Asia Pacific, MEA or the Middle East &
Africa and the Americas.
Study reveals that the Americas is the
current leader and can remain the most profitable market till the end of the
assessment period. The prime growth inducers in the regional market include the
frequent technological advancements and the enthusiasm shown by the vendors to
adopt the latest technologies. The increasing uptake of electric vehicles in
the wake of mounting concerns regarding the environment can also favor the regional
market.
Europe is one of the top-performing markets
for automotive data loggers and can also post the highest growth rate in the
following years. With the fast adoption of electronic architectures in the
automotive industry and the escalating sales of electric vehicles, the regional
market can note noteworthy expansion in the years ahead.
More Reports
.png)
.png)
No comments:
Post a Comment