Automotive Data Logger Market Size, Share, Industry Growth And Forecast 2024-2033


Posted May 29, 2024 by ravali

Global automotive data logger market size is expected to reach $5.06 Bn by 2028 at a rate of 8.2%, segmented as by component, hardware, software
 
Overview and Scope
Automotive data loggers refer to electronic devices used to record and store data related to the performance, operation, and behavior of vehicles. They are typically equipped with sensors that monitor various parameters, such as vehicle speed, engine RPM, temperature, fuel consumption, acceleration, braking, GPS location, and more.

Sizing and Forecast
The automotive data logger market size has grown strongly in recent years. It will grow from $3.43 billion in 2023 to $3.70 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to rise in sales of luxury vehicles, increasing demand for automated devices, growing demand for testing autonomous vehicles, demand for vehicle health monitoring, growing automotive aftermarket industry, and increasing emphasis on fleet management.

The automotive data logger market size is expected to see strong growth in the next few years. It will grow to $5.06 billion in 2028 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to increasing connectivity of vehicles, focus on sustainability and environmental monitoring, focus on data privacy and security, growing emphasis on cybersecurity, and increased vehicle production. Major trends in the forecast period include automotive technology, vehicle performance optimization, advancements in sensor technology, development of autonomous driving technologies, advanced driver assistance systems (adas), mobility-as-a-service (MaaS) models, data collection and reporting, and development of multi-sensor fusion solutions.

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Segmentation & Regional Insights
The automotive data logger market covered in this report is segmented –
1) By Component: Hardware, Software
2) By Channels: Controller Area Networking (CAN And CAN FD), Local Interconnect Network (LIN), Ethernet, Other Channels
3) By Connection Type: Universal Serial Bus (USB), Secure Digital Card, Bluetooth Or Wi-Fi, Cellular Modem
4) By Sales Channel: Aftermarket, Original Equipment Manufacturer (OEMs)
5) By Application: On-Board Diagnostics, Advanced Driver Assistance Systems (ADAS) And Safety, Fleet Management, Automotive Insurance

North America was the largest region in the automotive data logger market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive data logger market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
The growing adoption of electric vehicles is expected to propel the growth of the automotive data logger market going forward. Electric vehicles (EVs) are automobiles powered by electric motors instead of traditional internal combustion engines (ICEs) that run on gasoline or diesel. This adoption of electric vehicles arises because of environmental concerns, consumer demand, lower operating costs, and technological advancements. Automotive data loggers are essential tools used in electric vehicles (EVs) to collect and record various types of data from a wide array of sensors within the vehicle, providing valuable insights into performance, safety, and efficiency. For instance, in July 2023, according to the International Energy Agency (IEA), a France-based autonomous intergovernmental organization, sales of electric cars surpassed 10 million in 2022, and electric vehicle overall sales more than tripled, rising from 4% in 2020 to 14% in 2022. Therefore, the growing adoption of electric vehicles is driving the automotive data logger market.

Key Industry Players
Major companies operating in the automotive data logger market are Samsung Electronics Co. Ltd, Robert Bosch GmbH, Continental AG, Aptiv Plc, Infineon Technologies AG, Harman International Industries Inc, Keysight Technologies, Xilinx Inc, Moog Inc., Horiba Ltd, National Instruments Corporation, Delphi Technologies, Danlaw Technologies India Limited, TTTech Computertechnik AG, dSPACE GmbH, Intrepid Control Systems Inc., Vector Informatik GmbH, Dewesoft d.o.o., myKaarma Ltd, Pico Technology, Ipetronik GmbH & Co. KG., Autel Intelligent Technology Corp. Ltd, RACELOGIC Ltd, Xylon, Grant Instruments Ltd, MadgeTech Inc., Lascar Electronics Ltd, Influx Technology Ltd, HEM Data Corporation, NSM Solutions, Transtron Inc.

The automotive data logger market report table of contents includes:
1. Executive Summary
2. Automotive Data Logger Market Characteristics
3. Automotive Data Logger Market Trends And Strategies
4. Automotive Data Logger Market - Macro Economic Scenario
5. Global Automotive Data Logger Market Size and Growth
6. Automotive Data Logger Market Segmentation
7. Automotive Data Logger Market Regional And Country Analysis
………………..
34. Key Mergers And Acquisitions In The Automotive Data Logger Market
35. Automotive Data Logger Market Future Outlook and Potential Analysis
36. Appendix

List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Automotive Data Logger Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Automotive Data Logger Market, Segmentation By Channels, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Automotive Data Logger Market, Segmentation By Connection Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
………
Table 76: Samsung Electronics Co. Ltd Financial Performance
Table 77: Robert Bosch GmbH Financial Performance
Table 78: Continental AG Financial Performance
Table 79: Aptiv Plc Financial Performance
Table 80: Infineon Technologies AG Financial Performance

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Issued By tbrc
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Categories Transportation
Last Updated May 29, 2024