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