Global Automotive Data Logger Market

Automotive Data Logger Market Size, Share, Growth Analysis, By Component(Hardware, and Software), By Channel Type(CAN & CAN FD, LIN, FlexRay, and Ethernet), By Connection Type(USB, Bluetooth/WiFi, and SD Card), By End User(OEMs, Service Stations, Regulatory Bodies, and Others), By Region - Industry Forecast 2024-2031


Report ID: SQMIG25A2267 | Region: Global | Published Date: March, 2024
Pages: 177 | Tables: 118 | Figures: 70

Automotive Data Logger Market Dynamics

Drivers

Growing Number of Connected Vehicles

  • The trend of connected vehicles is really catching on and the rise in the number of connected vehicles around the world is slated to boost adoption of automotive data loggers going forward. Data loggers play a pivotal role in collecting valuable data from the sensors of these connected vehicles to make them better in the future.

Focus on Vehicle Safety

  • Governments across the world are focusing on improving vehicle safety and reducing accident mortality rates. In doing so they are pushing automotive companies to deploy data loggers to collect more data on vehicles to create better laws for safety.

Restraints

Security Concerns

  • Data from these automotive data loggers store sensitive and private information of the vehicle and its driver, which if fallen into the wrong hands could be disastrous. Security of the data stored on automotive data loggers is a major concern that could slow down market development in the future.

Complexity of Installation

  • Automotive data loggers need to collect data from multiple systems and sensors of the vehicle, and connecting with all of them harmoniously could be a major challenge for automotive companies as some components might not be compatible. These issues create complexity and thereby hurt automotive data logger market growth scope.
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FAQs

Automotive Data Logger Market size was valued at USD 3.8 billion in 2022 and is poised to grow from USD 4.07 billion in 2023 to USD 6.99 billion by 2031, growing at a CAGR of 7.01% in the forecast period (2024-2031).

Automotive data logger manufacturers can focus on collaborating with regulatory bodies to create specific solutions as per their requirements. Automotive data logger market players can also focus on targeting automotive companies that are developing autonomous vehicles to maximize their business growth in the future. Companies can leverage the implementation of stringent vehicle safety and emission mandates to push the sales of automotive data loggers on a level going forward. Mergers and acquisitions are projected to be preferred strategies for automotive data logger companies looking to expand their market presence. 'National Instruments (U.S.)', 'Harman International (U.S.)', 'Vector Informatik GmbH (Germany)', 'TI Tech Computertechnik AGr (Austria)', 'Xilinx (U.S.)', 'Aptiv plc', 'Delphi Technologies (U.K.)', 'TT Tech', 'Dewesoft d.o.o. (Slovenia)', 'Continental Automotive GmbH (Germany)', 'Racelogic (U.K)', 'Intrepid Control Systems, Inc. (U.S.)', 'Robert Bosch GmbH (Germany)'

The trend of connected vehicles is really catching on and the rise in the number of connected vehicles around the world is slated to boost adoption of automotive data loggers going forward. Data loggers play a pivotal role in collecting valuable data from the sensors of these connected vehicles to make them better in the future.

Adoption of Cloud-based Technologies: Automotive data logger manufacturers can focus on utilizing cloud technologies to store data in a more secure manner. Growing advancements in cloud-based technologies and increasing use of cloud-based platforms in automotive applications will also further create new opportunities for automotive data logger providers in the long run.

North America is estimated to hold sway over automotive data logger demand outlook across the forecast period whilst losing some market share to Europe and Asia Pacific regions. High availability of a wide number of automotive data logger suppliers and quick adoption of advanced technologies allow North American regional market for automotive data loggers to hold a dominant stance. The United States and Canada are predicted to be the leading markets for automotive data logger providers in this region.

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Global Automotive Data Logger Market

Report ID: SQMIG25A2267

$5,300
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