Global Automotive Data Logger Market Size & Analysis – By Connection Type, By Channels, By Application, By Post-Sales Application, By Region (North America, Europe, Asia-Pacific, CSA, MEA), End-Use Landscape; Vendor Landscape, Company Market Share Analysis and Competitor Landscape - Forecasts to 2026
Global Automotive Data Logger Market Insights:
The global automotive data logger market is anticipated to grow at a significant CAGR from 2019-2026. The market growth is expected to be influenced by economic prices of electric vehicles and growing trend of autonomous vehicle testing among others. The data-logging systems are ideal for use in rugged and compact environment for storing a wide range of sensor measurements with vehicle network communications.
The market is anticipated to register huge potential over the coming years due to increasing demand of the product from customers owing to its exclusive features and functionalities among others. Also, increasing use of Ethernet is also seen as one of the major factors contributing towards the market growth. The ease of interoperability and integration of these systems are further expected to fuel the market demand for data logging hardware and software over the coming years.
The increasing penetration of big data analytics and artificial intelligence in order to ensure smooth functioning and quality of product is further likely to boost the market growth. North America and Europe held considerable share in the market in 2019, due to significantly larger size of automotive industries in the regions.
Global Automotive Data Logger Market: By Connection Type
Based on connection type, the automotive logger market is divided into Bluetooth/Wi-Fi, SD Card, and USB. The Bluetooth/Wi-Fi segment is anticipated to witness highest CAGR over the forecast period due to its easy deployment and operation. The major industry players are leveraging technologies such as big data and Bluetooth Low Energy (BLE) to achieve higher operating efficiency. The increasing volumes of data generated from cars coupled with increasing demand for real-time data transfer is projected to boost the segment demand over the coming years. The increasing sale of connected cars globally is also anticipated to boost the demand for Bluetooth/Wi-Fi based data logger
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Global Automotive Data Logger Market: By Channels
The market is segmented into CAN & CAN FD, Ethernet, Flexray, and LIN, based on channels. The CAN & CAN FD segment accounted for the majority market share in 2019 and is expected to hold its dominance over the forecast period. The higher market share of the segment is due to its wide usage in automobiles. The superior properties offered by it such as its ability to allow a communication speed up to 1 Mbps with enhanced data integrity level. Other factors such as time & resource efficiency, easy integration into hardware and software are also likely to propel the segment demand over the coming years. The increasing interest of automakers to rely on this segment is also considered as one of the prime factors influencing the demand for CAN & CAN FD channel segment.
Global Automotive Data Logger Market: By Post-Sales Application
Based on Post-Sales Application, the market is divided into ADAS & Safety, Automotive Insurance, Fleet Management, and OBD. The ADAS & safety segment is anticipated to hold the largest market share over the coming years. The advent of advanced features such as Adaptive cruise control, Adaptive light control, Automatic Emergency Braking, and automotive navigation system among others in autonomous vehicles are anticipated to fuel the market demand for automotive data logging systems over the forecast period.
Global Automotive Data Logger Market: By Application
On the basis of application, the market is segmented into pre-sales and post-sales. The pre-sales segment is anticipated to grow significantly over the coming years due to huge application of data logging systems in automotive industry. The use of data loggers for quality & efficiency testing and emission & safety testing at initial phase is further projected to boost the segment demand over the coming years.
Global Automotive Data Logger Market: By Region
The automotive data loggers market is projected to experience tremendous demand in the Asia Pacific region. The regional growth is expected to arise due to large production of vehicles in China, India, Japan, and South Korea. Favorable regulations pertaining to the use of electric vehicles as compared to fuel driven vehicles is projected to positively influence the demand for the market over the coming years. The Middle East & African and Central & South American region are also projected to explore untapped opportunities over the coming years. The growing number of passenger cars particularly in Brazil is likely to stimulate the market growth over the forecast period.
Growing Electric Vehicle Production is one of the major driver for Global Automotive Data Logger Market
Automotive demand has experienced a significant growth over the last few years and is likely to continue the trend over the forecast period. The data logging systems are widely used in connected cars, electric vehicles, and autonomous vehicles. Rising population coupled with growing disposable income, particularly in developing regions such as the Asia Pacific, Middle East & Africa, and Latin America is expected to stimulate automotive demand over the forecast period.
North America and Europe are anticipated to experience a steady growth in the automotive industry. The key factor that has contributed towards the increasing demand for overall automotive industry is high adoption of electric vehicles across the world. The demand for electric cars in the Asia Pacific is expected to grow at an exponential CAGR over the coming years. The regional growth is attributed to attractive opportunities offered by the EV manufacturers in China, India, South Korea, and Japan.
China is considered as one of the largest consumers of electric cars with over 200,000 new registrations. The growth is influenced by favourable government regulations realized on the purchase of electric vehicles. European market is also projected to hold a prominent market share due to growing adoption of EVs in countries such as the Netherlands, France, Norway, the UK, and Germany, among others. The new registrations of electric cars are increasing considerably over the last few years. This has led to increased use of data logging systems in these vehicles, thereby propelling the market growth.
Global Automotive Data Logger Market: Competitive Scenario
The major players operating in the market are undertaking strategies, such as entering into mergers and acquisitions, regional expansions, and new product launches in order to gain a competitive advantage in the market. Some of the key players profiled in the market include Robert Bosch GmbH, Delphi, Vector Informatik GmbH, Continental AG, Harman International Industries, Inc., Racelogic Ltd., GIN GMBH, National Instruments, TTTech Computertechnik AG, Xilinx, Intrepid Control Systems, Inc., Dewesoft D.O.O., HEM Data Corporation, Danlaw Technologies India Limited, ETAS, MEN Micro Inc., Ipetronik GmbH & Co. Kg, Madgetech, Inc, Influx Technology, NSM Solutions, myCarma, and Transtron Inc. among others.
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The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Automotive Data Logger Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.
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