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Automotive Data Logger Market size was valued at USD 3.6 billion in 2023 and is estimated to register a CAGR of over 7% between 2024 and 2032. The market growth is attributed to the increasing production of electric vehicles and the surge in autonomous vehicle testing. These trends drive the demand for data loggers, which are essential for monitoring & optimizing performance, ensuring safety, and advancing R&D in the evolving automotive landscape.
The Inflation Reduction Act (IRA) in the U.S. created a surge in global electromobility firms investing in U.S. manufacturing. From August 2022 to March 2023, key EV and battery manufacturers invested a total of USD 52 billion in North American EV supply chains. Half of this investment was allocated to battery manufacturing with approximately 20% each for battery components and electric vehicle manufacturing.
Report Attribute | Details |
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Base Year: | 2023 |
Automotive Data Logger Market Size in 2023: | USD 3.6 Billion |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 7% |
2032 Value Projection: | USD 6.7 Billion |
Historical Data for: | 2018 - 2023 |
No. of Pages: | 250 |
Tables, Charts & Figures: | 395 |
Segments covered: | Channel, Connection Type, Application, End-user |
Growth Drivers: |
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Pitfalls & Challenges: |
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Surging emission norms aimed at mitigating environmental impact are fueling the automotive data logger market size. As regulations become stricter, the demand for data loggers rises, enabling comprehensive monitoring & analysis of vehicle emissions to ensure compliance and foster environmental sustainability in the automotive sector.
According to the International Energy Agency, the EU CO2 standards mandate a significant reduction in emissions for new cars and vans, requiring a 55% & 50% decrease by 2030, with complete elimination by 2035. Proposed revisions in February 2023 for Heavy-Duty Vehicles (HDV) aim for a 45% reduction by 2030, 65% by 2035, and 90% by 2040, reinforcing stringent targets across the automotive sector.
In the automotive data logger market, challenges arise from incorrect data capture or data loss due to physical damage in vehicles. Accurate data is crucial for performance analysis, diagnostics, and research. Issues such as sensor malfunctions, external impacts, or storage failures can compromise data integrity, impacting the reliability of insights derived from the loggers. Ensuring robust data capture and storage solutions becomes essential to address these challenges and maintain the effectiveness of automotive data logging systems.
The integration of automotive data loggers with Advanced Driver Assistance Systems (ADAS) is an emerging trend aimed at bolstering vehicle safety. These data loggers capture real-time information crucial for ADAS functionalities including collision avoidance, lane-keeping assistance, and adaptive cruise control. By providing comprehensive data on vehicle performance and surroundings, the integrated systems enable ADAS to make more informed decisions, enhancing the overall safety features.
For instance, in January 2024, Uno Minda introduced a Car DVR equipped with ADAS in the Indian aftermarket, focusing on integrated safety. The device features 720P full HD resolution for clear surveillance and a 170° lens angle that offers an expansive field of vision, enhancing overall driver awareness.
Rapid development in the Electric Vehicle (EV) sector propels the demand for specialized data loggers. These devices are designed to monitor and analyze critical EV parameters including battery health, charging behaviors, and overall efficiency. This trend reflects the industry's commitment to optimizing electric mobility by harnessing data-driven insights.
According to the International Energy Agency, in May 2023, private companies announced an ambitious lithium-ion automotive battery production capacity of 6.9 TWh for EVs by 2030. This move exceeds the projected demand of 5.5 TWh in the Net Zero Scenario for 2030, assuming an 85% average utilization rate, indicating a potential surplus in capacity.
Based on channel, the CAN & CAN FD segment held over 35% of the market share in 2023. As vehicles become more complex, CAN & CAN FD provide efficient communication protocols for collecting and transmitting real-time data from various electronic control units. Their widespread adoption is crucial for capturing intricate vehicle information, facilitating diagnostics, and supporting advancements in automotive technologies, leading to significant segment growth in the data logger market.
Based on connection type, the USD segment recorded around 35% of the automotive data logger market share in 2023. USB connectivity plays a vital role in enabling seamless data transfer between data loggers and external devices. With the increasing complexity of data and the need for faster & more efficient data exchange, the USB segment is expected to witness significant expansion. Its versatility, ease of use, and compatibility make it a preferred choice for data logger connectivity in the automotive sector.
The North America automotive data logger market accounted for 30% revenue share in 2023, propelled by increasing investments in EVs, stringent emission standards, and a growing focus on ADAS. The regional automotive industry's continual push toward innovation and technological advancements, coupled with a rising demand for connected & autonomous vehicles, positions North America as a key market for the adoption and integration of automotive data loggers in various vehicular applications.
Robert Bosch GmbH and Continental AGKey dominate the market with around 10% of the revenue share. Major comapnies are establishing dominance through innovation, comprehensive product portfolios, and strategic partnerships. These key comapnies focus on developing advanced data-logging solutions tailored for EVs, autonomous driving, and connected systems. Their market dominance is reinforced by a commitment to regulatory compliance, cybersecurity, and addressing emerging trends.
Strong global presence, R&D investments, and collaborative initiatives position these players as driving forces, shaping the trajectory of the market through cutting-edge technologies and reliable solutions.
Major companies operating in the automotive data logger industry are:
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Market, By Component
Market, By Channel
Market, By Connection Type
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The above information has been provided for the following regions and countries: