Automotive Data Logger Market to Touch USD 4.75 Billion at 7.2% CAGR by 2023

Posted by Preeti on April 1st, 2021

Market Analysis 

The global automotive data logger market is predicted to touch USD 4.75 billion at a 7.2% CAGR between 2017- 2023, 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. 

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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. 

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Key Questions Addressed by the Report

  • What was the historic market size?
  • Which segmentation (Product/ Capacity) is driving market?
  • What will be the growth rate?
  • How are the key players in this market?
  • What are the strategies adopted by key players?

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY

2 SCOPE OF THE REPORT

2.1 MARKET DEFINITION

2.2 SCOPE OF THE STUDY

2.2.1 DEFINITION

2.2.2 RESEARCH OBJECTIVE

2.2.3 ASSUMPTIONS

2.2.4 LIMITATIONS

2.3 RESEARCH PROCESS

2.3.1 PRIMARY RESEARCH

2.3.2 SECONDARY RESEARCH

2.4 MARKET SIZE ESTIMATION

2.5 FORECAST MODEL

3 MARKET LANDSCAPE

3.1.1 THREAT OF NEW ENTRANTS

3.1.2 BARGAINING POWER OF BUYERS

3.1.3 THREAT OF SUBSTITUTES

3.1.4 SEGMENT RIVALRY

3.1.5 BARGAINING POWER OF BUYERS

3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS

4 MARKET DYNAMICS

4.1 INTRODUCTION

4.2 MARKET DRIVERS

4.3 MARKET RESTRAINTS

4.4 MARKET OPPORTUNITIES

4.5 MARKET TRENDS

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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Company Name: Market Research Future
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Preeti

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Preeti
Joined: January 13th, 2021
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