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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.