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Automotive Data Logger Market Share

ID: MRFR//5213-CR | 154 Pages | Author: Swapnil Palwe| May 2022

Automotive Data Logger Market Share Analysis

The automotive data logger market has undergone segmentation based on channel, connection type, application, end market, and region. Channel segmentation includes CAN & CAN FD, LIN, FlexRay & Ethernet. In terms of connection type, USB, SD card, Bluetooth/wi-fi, and cellular modem are categorized. Application-wise, segmentation includes on-board diagnostics, ADAS & safety, fleet management, and automotive insurance. The end market segmentation involves OEMs, service stations, and regulatory bodies. The market is further categorized geographically into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.

In 2019, the global automotive data logger market recorded a revenue of USD 3,094.5 million, projected to reach USD 4,929.4 million by 2026, expanding at a CAGR of 11.5%. Asia-Pacific held the largest market share of 37.9% in 2019, primarily due to widespread implementation of data logging devices, software tools, hardware, and electronic vehicle networks in various businesses. The region's flourishing manufacturing sector and infrastructural advancements have significantly boosted opportunities for automotive manufacturers. Consequently, Asia-Pacific is anticipated to witness the fastest growth in the automotive data logger market.

Europe's automotive data logger market captured 32.6% of the global market share in 2019. The region aims to implement electric architecture in the latest vehicles for optimal efficiency. With increasing adoption of electric cars in many European nations and preparations underway in emerging countries for similar trends, the shift to electric vehicles will likely drive higher demand for automotive data logger systems in the near future.

North America held approximately 22.7% of the market share in 2019 in terms of revenue generation. The region's growth is fueled by the burgeoning demand for electronic devices in the automotive sector, significantly contributing to the market's expansion. Moreover, the increased production of advanced electronics and autonomous vehicles is a key factor propelling market growth. Numerous manufacturing companies in North America are embracing advanced technologies to streamline their operations, further boosting market growth.

The Middle East & Africa, as well as South America, markets are experiencing steady growth. While the Middle East & Africa market has gained traction, growth is expected to remain stable during the forecast period. The increased demand for vehicle parts and components in automotive data loggers drives market growth in the region. South America, on the other hand, is projected to exhibit significant growth due to rising investments in automotive technologies and software within the technology industry.

Key players contributing significantly to the global automotive data logger market include APTIV PLC (Ireland), Vector Informatik GmbH (Germany), Continental AG (Germany), Racelogic (UK), Ipertonik GmbH & Co. Kg (Germany), National Instruments Corporation (US), TTTECH Group (Austria), Xilinx Inc. (US), Intrepid Control Systems Inc. (US), Samsung Electronics Co. Ltd. (HARMAN) (South Korea), and Horiba Ltd (Japan). These companies prioritize innovation and invest in research and development to present cost-effective product portfolios. Recent mergers and acquisitions among these key players are indicative of their strategy to bolster their customer reach and strengthen their market presence.

Covered Aspects:
Report Attribute/Metric Details
Base Year For Estimation 2022
Historical Data 2018- 2022
Forecast Period 2023-2032
Growth Rate 7.00% (2023-2032)
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