Press release
Automotive Data Logger Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends
Automotive Data Logger Market Size
The gradual increase in the use of electric vehicles is predicted to stimulate the automotive data logger market's progress. Electric vehicles, notably motor vehicles powered by electricity rather than customary internal combustion engines that use petrol or diesel, are getting more popular due to environmental factors, customer preferences, decreased operational expenses, as well as technological progress. These electronic vehicles rely heavily on automotive data loggers, which are key devices that amass and record a range of data from a multitude of sensors in the vehicle- offering critical knowledge on its performance, security, and productivity. Specifically, in April 2024, according to data from the International Energy Agency, an independent agency based in France, approximately 14 million new electric cars were recorded worldwide in 2023, raising the total count to 40 million. Electric vehicles had an 18% market share of all automobile sales, a rise from 14% in 2022. As a result, the automotive data logger market is experiencing growth due to the increasing acceptance of electric vehicles.
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What is the future CAGR of the automotive data logger market, and how will it impact industry expansion?
The market size of the automotive data logger has seen significant growth over the recent past. It is projected to expand from $3.7 billion in 2024 to $4.01 billion in 2025, with a compound annual growth rate (CAGR) of 8.4%. The historical period's growth can be credited to several factors such as the surge in the sale of luxury cars, a rise in demand for automated gadgets, expanding need for autonomous vehicle testing, increased desire for vehicle health tracking, a growing sector of automotive aftermarket, and the heightened focus on fleet management.
Strong expansion is forecasted in the automotive data logger market in the forthcoming years, with projections indicating a swell to $5.47 billion in 2029, marking a compound annual growth rate (CAGR) of 8.1%. This growth during the forecast period is anticipated due to factors such as the rise in vehicle connectivity, emphasis on environmental monitoring and sustainability, focus on data security and privacy, increasing importance on cybersecurity and a surge in vehicle production. The forthcoming period is likely to see key trends such as vehicle performance optimization, the evolution of automotive technology, advancements in sensor technology, the creation of autonomous driving technologies, the emergence of advanced driver assistance systems (ADAS), the advent of mobility-as-a-service (MaaS) models, enhanced data collection and reporting, along with the development of multi-sensor fusion solutions.
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What are the emerging trends shaping the future of the automotive data logger market?
In order to meet the growing needs for advanced electronic structures in contemporary vehicles, principal companies in the automotive data logger market are concentrating on the development of technologically innovative products like TRX D8 2.0. This tool is utilized to accumulate, record, and keep various data from a car's internal systems and sensors. It is primarily employed for examining and overseeing the efficiency, safety, and performance of the vehicle. For example, TRX D8 2.0 was introduced by Klas, an engineering and design organization located in Ireland, in June 2023. This item comes with PCIe and network-based logging, providing a data capacity of up to 200 GB, 240 TB storage, and maximum disk writing speeds up to 200 GB. Additionally, it comes with features like adaptable vehicle data logging, high-capacity processing, sturdy design, rapid swappable storage, and quickest disk write speeds. Thanks to these features, TRX D8 2.0 serves as a potent and versatile vehicle data logging solution, intended to hasten the progression towards Level 5 autonomy by providing speedy storage, resilient processing abilities, and malleable connectivity choices.
Which key market segments comprise the automotive data logger market and drive its revenue growth?
The automotive data logger market covered in this report is segmented -
1) By Component: Hardware, Software
2) By Channels: Controller Area Networking (CAN And CAN FD), Local Interconnect Network (LIN), Ethernet, Other Channels
3) By Connection Type: Universal Serial Bus (USB), Secure Digital Card, Bluetooth Or Wi-Fi, Cellular Modem
4) By Sales Channel: After market, Original Equipment Manufacturer (OEMs)
5) By Application: On-Board Diagnostics, Advanced Driver Assistance Systems (ADAS) And Safety, Fleet Management, Automotive Insurance
Subsegments:
1) By Hardware: Data Acquisition Units, Sensors (Temperature, Pressure, Speed, GPS), Memory Storage Devices, Interface Modules, Signal Conditioners, Power Supply Units
2) By Software: Data Management Software, Data Analysis Software, Data Visualization Software, Cloud-Based Data Logging Software, Diagnostic And Reporting Software
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What regions are at the forefront of automotive data logger market expansion?
North America was the largest region in the automotive data logger market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive data logger market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the automotive data logger market?
Major companies operating in the automotive data logger market are Samsung Electronics Co. Ltd., Robert Bosch GmbH, Continental AG, Aptiv Plc, Infineon Technologies AG, Harman International Industries Inc., Keysight Technologies, Xilinx Inc., Moog Inc., Horiba Ltd., National Instruments Corporation, Delphi Technologies, Danlaw Technologies India Limited, TTTech Computertechnik AG, dSPACE GmbH, Intrepid Control Systems Inc., Vector Informatik GmbH, Dewesoft d.o.o., myKaarma Ltd., Pico Technology, Ipetronik GmbH & Co. KG., Autel Intelligent Technology Corp. Ltd., RACELOGIC Ltd., Xylon, Grant Instruments Ltd., MadgeTech Inc., Lascar Electronics Ltd., Influx Technology Ltd., HEM Data Corporation, NSM Solutions, Transtron Inc.
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What Is Covered In The Automotive Data Logger Global Market Report?
• Market Size Forecast: Examine the automotive data logger market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the automotive data logger market for a structured understanding.
• Key Players Overview: Analyze major players in the automotive data logger market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the automotive data logger market.
• Segment Contributions: Evaluate how different segments drive overall growth in the automotive data logger market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the automotive data logger market.
• Industry Challenges: Identify potential risks and obstacles affecting the automotive data logger market.
• Competitive Landscape: Review strategic developments in the automotive data logger market, including expansions, agreements, and new product launches.
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