Automotive Data Logger Market Definition And Segments
Automotive data loggers refer to electronic devices used to record and store data related to the performance, operation, and behavior of vehicles. They are typically equipped with sensors that monitor various parameters, such as vehicle speed, engine RPM, temperature, fuel consumption, acceleration, braking, GPS location, and more.
The main types of components of automotive data loggers are hardware and software. Hardware refers to the physical components of a computer or electronic system. It includes various channels, controller area networking (CAN and CAN FD), local interconnect network (LIN), ethernet, and others, and includes connection types such as universal serial bus (USB), secure digital card, bluetooth/wi-fi, and cellular modem, and distributed sales channels such as aftermarket and original equipment manufacturer (OEMS), as well as being used in various applications such as on-board diagnostics, advanced driver assistance systems (ADAS), safety, fleet management, and automotive insurance.
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: Aftermarket, Original Equipment Manufacturer (OEMs)
5) By Application: On-Board Diagnostics, Advanced Driver Assistance Systems (ADAS) And Safety, Fleet Management, Automotive Insurance
The automotive data logger market size has grown strongly in recent years. It will grow from $3.43 billion in 2023 to $3.70 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to rise in sales of luxury vehicles, increasing demand for automated devices, growing demand for testing autonomous vehicles, demand for vehicle health monitoring, growing automotive aftermarket industry, and increasing emphasis on fleet management.
The automotive data logger market size is expected to see strong growth in the next few years. It will grow to $5.06 billion in 2028 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to increasing connectivity of vehicles, focus on sustainability and environmental monitoring, focus on data privacy and security, growing emphasis on cybersecurity, and increased vehicle production. Major trends in the forecast period include automotive technology, vehicle performance optimization, advancements in sensor technology, development of autonomous driving technologies, advanced driver assistance systems (ADAS), mobility-as-a-service (MaaS) models, data collection and reporting, and development of multi-sensor fusion solutions.
Electric Vehicle Adoption Accelerating Automotive Data Logger Market Growth
The growing adoption of electric vehicles is expected to propel the growth of the automotive data logger market going forward. Electric vehicles (EVs) are automobiles powered by electric motors instead of traditional internal combustion engines (ICEs) that run on gasoline or diesel. This adoption of electric vehicles arises because of environmental concerns, consumer demand, lower operating costs, and technological advancements. Automotive data loggers are essential tools used in electric vehicles (EVs) to collect and record various types of data from a wide array of sensors within the vehicle, providing valuable insights into performance, safety, and efficiency. For instance, in July 2023, according to the International Energy Agency (IEA), a France-based autonomous intergovernmental organization, sales of electric cars surpassed 10 million in 2022, and electric vehicle overall sales more than tripled, rising from 4% in 2020 to 14% in 2022. Therefore, the growing adoption of electric vehicles is driving 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.
Introducing TRX D8 2.0 An Advancing Automotive Data Logging For Level 5 Autonomy
Major companies operating in the automotive data logger market are focused on developing innovative technological products such as TRX D8 2.0 to meet the increasing demand for advanced electronic architecture in modern vehicles. This logger is a device used to collect, record, and store various types of data from sensors and systems within a vehicle. It is typically used for monitoring and analyzing the performance, safety, and efficiency of the vehicle. For instance, in June 2023, Klas, a Ireland-based engineering and design company, launched TRX D8 2.0. This product is equipped with PCIe and network-based logging, offering up to 200 GB of data, 240 TB of storage, and disk write speeds up to 200 GB. Moreover, it includes adaptable vehicle data logging, rugged design, high-performance processing, hot-swappable storage, and the fastest disk write speeds. With these features, TRX D8 2.0 is a powerful and adaptable vehicle data logging solution designed to accelerate the drive towards Level 5 autonomy by offering high-speed storage, robust processing capabilities, and flexible connectivity options.
Bosch Strengthens Motorsport Presence With MoTeC Group Acquisition
In June 2022, Bosch Motorsport, a Germany-based engineering and technology company, acquired MoTeC Group for an undisclosed amount. The acquisition will strengthen Bosch's position in motorsports and complement its product portfolio with MoTeC's vehicle and engine control units, displays, data loggers, and onboard power supply control units for both combustion and electric motorsport vehicles. MoTeC Group is an Australia-based company specializing in developing, manufacturing, and distributing motorsport technology and automotive data loggers.
North America was the largest region in the automotive data logger market in 2023. 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.
The countries covered in the automotive data logger market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The automotive data logger market consists of revenues earned by entities by providing services such as engine performance metrics, vehicle speed, acceleration, braking, diagnostic monitoring, performance analysis, crash data retrieval, remote monitoring, real-time data transmission, and monitoring of vehicle performance over wireless networks. The market value includes the value of related goods sold by the service provider or included within the service offering. The automotive data logger also includes sales of data logger units, microcontrollers or microprocessors, memory for data storage, sensors, GPS receivers, gyroscopes, accelerometers, temperature and pressure sensors, and electronic control units (ECUs). Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The automotive data loggers market research report is one of a series of new reports from The Business Research Company that provides automotive data loggers market statistics, including automotive data loggers industry global market size, regional shares, competitors with a automotive data loggers market share, detailed automotive data loggers market segments, market trends and opportunities, and any further data you may need to thrive in the automotive data loggers industry. This automotive data loggers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.