The automotive data logger global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Automotive Data Logger Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
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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Scope Of Automotive Data Logger Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Automotive Data Logger Market Overview
Market Drivers –
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.
Market Trends –
Major companies operating in the automotive data logger market are focused on developing innovative technological products such as TRX D8 2.0 to meet the increasing demand for advanced electronic architecture in modern vehicles. This logger is a device used to collect, record, and store various types of data from sensors and systems within a vehicle. It is typically used for monitoring and analyzing the performance, safety, and efficiency of the vehicle. For instance, in June 2023, Klas, a Ireland-based engineering and design company, launched TRX D8 2.0. This product is equipped with PCIe and network-based logging, offering up to 200 GB of data, 240 TB of storage, and disk write speeds up to 200 GB. Moreover, it includes adaptable vehicle data logging, rugged design, high-performance processing, hot-swappable storage, and the fastest disk write speeds. With these features, TRX D8 2.0 is a powerful and adaptable vehicle data logging solution designed to accelerate the drive towards Level 5 autonomy by offering high-speed storage, robust processing capabilities, and flexible connectivity options.
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
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Regional Insights –
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.
Key Companies –
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.
Table of Contents
1. Executive Summary
2. Automotive Data Logger Market Report Structure
3. Automotive Data Logger Market Trends And Strategies
4. Automotive Data Logger Market – Macro Economic Scenario
5. Automotive Data Logger Market Size And Growth
…..
27. Automotive Data Logger Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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