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In-Vehicle Connectivity Demand Propelling Automotive Data Logger Market Growth

11-07-2022 05:19 AM CET | Health & Medicine

Press release from: P&S Intelligence

In-Vehicle Connectivity Demand Propelling Automotive Data

Factors such as the rising integration of intelligent, compact, lightweight electrical and electronic systems in passenger vehicles and the surging need to monitor and analyze real-time automobile data to optimize passenger and vehicle safety will boost the automotive data logger market growth during the forecast period (2021-2030). According to P&S Intelligence, the market revenue reached around $3 billion in 2020. Nowadays, the mounting investments being made by market players in the advancement of automotive data logger systems have become a prominent market trend.

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At present, the companies operating in the automotive data logger market are primarily focusing on product launches to march ahead in the competition. For instance, in March 2019, Vector Informatik GmbH launched Indigo 6 for comfortable editing, strong debugging support, and smooth testing of diagnostic sequences. Likewise, in April 2021, Xylon d.o.o. introduced logiRECORDER, an automobile video data logger equipped with NVIDIA DRIVETM AGX scalable artificial intelligence (AI) platform. This AI-enabled video data logger helps in speeding up the validation of robust AI-supported automotive systems.

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Categories under the channel segment of the automotive data logger market are controller area network (CAN) & controller area network flexible data (CAN FD), local interconnect network (LIN), FlexRay, and ethernet. Among these, the CAN & CAN FD category accounted for the largest market share in 2020, due to the escalating use of this data-communication protocol in vehicles for allowing communications and transmitting data at 1 Mbps speed with an extensive level of data integrity. Due to these benefits, the category will continue to hold the dominant position throughout the forecast period.

About P&S Intelligence

P&S Intelligence provides market research and consulting services to a vast array of industries across the world. As an enterprising research and consulting company, P&S believes in providing thorough insights on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. P&S keeps the interest of its clients at heart, which is why the insights we provide are both honest and accurate. Our long list of satisfied clients includes entry-level firms as well as multi-million-dollar businesses and government agencies.

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Web: https://www.psmarketresearch.com

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