Automotive Data Logger Market Overview:
The automotive data logger market 2022 can record a significant growth rate of 7% from 2023 to 2032
(appraisal period). The market is also presumed to touch a valuation of USD 6.9
Bn by 2032-end. We will provide COVID-19 impact analysis with the report.
Automotive Data Logger Market COVID-19
Analysis
An impact analysis on COVID-19 by MRFR reveals that there has been
a significant drop in vehicle sales in the first few months of 2022, given the
shutdowns across countries and the oil price fluctuations. Leading automotive
OEMs are adopting several tactics to mitigate the negative impact on their
businesses by assessing their dealerships to resume services.
The short-term impact of COVID-19 in the automotive sector has led
to shutting down of assembly plants in the United States (US), manufacturing
interruptions across Europe and ceased export of Chinese components. However,
till the time a COVID-19 breakthrough is not achieved, the automotive industry
can remain resilient, given the ongoing efforts by leading companies to curb
revenue losses by adopting recovery tactics such as mergers and acquisitions
and more.
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Automotive Data Logger Market Notable
Contenders
·
Robert Bosch
GmbH (Germany)
·
Delphi
Technologies (the U.K.)
·
Vector
Informatik GmbH (Germany)
·
Continental Automotive
GmbH (Germany)
·
Harman
International (the U.S.)
·
Racelogic
(the U.K.)
·
National
Instruments (the U.S.)
·
TTTech
Computertechnik AG (Austria)
·
Xilinx (the
U.S.)
·
Intrepid
Control Systems Inc. (the U.S.)
·
Dewesoft
d.o.o. (Slovenia)
·
HEM Data
Corporation (the U.S.)
·
Danlaw
Technologies India Limited (India)
Growth Inducers and Key Barriers
Despite the COVID-19 crisis, the automotive data logger market can
remain steady in the coming years, primarily owing to the rapid expansion of
the worldwide automotive industry and the rising online sales of vehicles. The
market also benefits from the growing complexity of the electronic architecture
in electric vehicles and ICEs, given the prevalence of strict emission
regulations. The boost in the sales of luxury vehicles with embedded features
and the massive efforts that goes into the upgradation of these features boosts
the use of data loggers.
A majority of the leading automotive data logger companies focuses
on development of highly advanced products and to achieve this, they are
increasingly adopting the latest technologies. These technologies help the
enterprises bring down their operational costs while rendering the workforce more
productive and organized. The automotive data logger market observes a new
trend, namely the Systems on Chip (SoC) technology that has gained significant momentum
in the automotive industry.
Developed regions are increasingly adopting electric cars, while
the developing areas are also catching up with the trend. This trend is
projected to enhance the growth of the global automotive data logger market in
the next several years.
Automotive Data Logger Market
Segmentation
·
MRFR’s
detailed segmental market review comprises application, channels, as well as
connection type.
·
The application
areas of an automotive data logger are pre-sales as well as post-sales.
·
The channels
that facilitate the sales of automotive data loggers include ethernet, CAN
& CAN FD, LIN and FlexRay. Ethernet can remain the most rapidly expanding
segment throughout the review period, on account of its fast data transfer
speed.
·
The connection
types described in the market review are SD card, USB and Bluetooth / Wi-Fi. The
Bluetooth / Wi-Fi segment currently holds the leading position in the global market,
while the fastest growth rate is expected to be procured by the SD card
segment.
Automotive Data Logger Market Regional
Study
The regional study of the vehicle data logger market includes Europe, APAC or Asia Pacific, MEA or the Middle East
& Africa and the Americas.
Study reveals that the Americas is the current leader and can
remain the most profitable market till the end of the assessment period. The
prime growth inducers in the regional market include the frequent technological
advancements and the enthusiasm shown by the vendors to adopt the latest
technologies. The increasing uptake of electric vehicles in the wake of
mounting concerns regarding the environment can also favor the regional market.
Europe is one of the top-performing markets for automotive data
loggers and can also post the highest growth rate in the following years. With
the fast adoption of electronic architectures in the automotive industry and
the escalating sales of electric vehicles, the regional market can note
noteworthy expansion in the years ahead.
Automotive Data Logger Market Recent
News
February 2020
Honda released its latest Civic Type R, which comprises a number
of driver-assistance features, with the most notable upgrade to be LogR
performance data logger. The data logger in the car helps display data such as oil
pressure, coolant temperature, gear position and more, on the 7-inch
infotainment screen.
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