What Fueled The Previous Growth In The Automotive Data Logger Market?
The automotive data logger market has seen considerable growth due to a variety of factors.
• The market size of the automotive data logger has seen a robust expansion in the last few years. The market that was worth $3.7 billion in 2024 is projected to increase to $4.01 billion in 2025, emulating a compound annual growth rate (CAGR) of 8.4%.
This notable growth during the historic period is a result of a surge in luxury vehicle sales, escalated demand for automated devices, heightened testing for autonomous vehicles, the need for vehicle health monitoring, a burgeoning automotive aftermarket industry, and a pronounced emphasis on fleet management.
What Can Be Expected from the Automotive Data Logger Market Size?
The automotive data logger market is expected to maintain its strong growth trajectory in upcoming years.
• The market size of automotive data loggers is anticipated to witness a robust growth in the forthcoming years, potentially reaching up to $5.47 billion by 2029, expanding at a compound annual growth rate (CAGR) of 8.1%.
This growth between now and the forecast period can be partly credited to the escalating vehicle connectivity, emphasis on sustainability and environmental monitoring, increasing concerns over data privacy and security, growing importance of cybersecurity, and a rise in vehicle production. Critical trends for the forecast period comprise of evolving automotive technology, optimizing vehicle performance, progress in sensor technology, the emergence of self-driving technology, advanced driver assistance systems (ADAS), mobility-as-a-service (MaaS) models, enhanced data gathering and reporting methods, along with the creation of multi-sensor fusion solutions.
What Are the Critical Driver Fuelling The Automotive Data Logger Market's Growth?
The upsurge in electric vehicle use is anticipated to accelerate the expansion of the automotive data logger market. Electric vehicles (EVs), which employ electric motors as opposed to conventional gas or diesel internal combustion engines (ICEs), are gaining traction due to environmental concerns, consumer preferences, diminished operating expenses, and advancements in technology. These vehicles rely on automotive data loggers for capturing and documenting various data from numerous onboard sensors, thus providing valuable information on performance, safety, and efficiency. For example, the International Energy Agency, an autonomous intergovernmental organization in France, reported in April 2024 that approximately 14 million new electric vehicles were registered worldwide in 2023, bringing the total on the roads to 40 million. The proportion of electric car sales increased to 18%, up from 14% in 2022. As such, the escalating use of electric vehicles is propelling the growth of the automotive data logger market.
How Is The Automotive Data Logger Market segmented?
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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How Are Emerging Trends Reshaping The Dynamics Of The Automotive Data Logger Market?
Leading firms in the automotive data logger market, like Klas, are driving innovation by creating technologically advanced products such as TRX D8 2.0, to cater to the escalated demand for sophisticated electronic architecture in contemporary vehicles. These loggers are employed to gather, document, and retain diverse data obtained from different sensors and systems in a vehicle, which can be utilized to scrutinize the vehicle's performance, safety, and efficiency. As an example, Klas, an engineering and design corporation from Ireland, introduced the TRX D8 2.0 in June 2023. This product, loaded with features like PCIe and network-based logging, provides an unprecedented data storage capacity of up to 240 TB and disk write speeds reaching the 200 GB mark. Furthermore, it demonstrates versatile vehicle data logging, a rugged structure, high speed processing, interchangeable storage and unmatched disk write speeds. Owing to these characteristics, TRX D8 2.0 is a formidable and flexible vehicle data logging solution, which is set to expedite the progression towards Level 5 autonomy, by providing expansive storage, robust processing prowess, and multiple connectivity alternatives.
Who Are the Key Players 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.
What Is The Most Dominant Region In The Automotive Data Logger Market?
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.
