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Automotive Data Logger Market Size

Report ID: GMI7929
Published Date: Jan 2024
Report Format: PDF

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Automotive Data Logger Market Size

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.

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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.

Automotive Data Logger Market Report Attributes
Report Attribute	Details
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:	Increasing electric vehicle production and autonomous vehicle testing Rising demand for ADAS features in modern vehicles Increasing demand for real-time vehicle data Surge in emission norms to reduce environmental impact Rising demand for fleet management solutions
Pitfalls & Challenges:	Lack of trained workforce for the development of advanced data loggers

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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.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of automotive data logger reached USD 3.6 billion in 2023 and is set to witness 7% CAGR between 2024 and 2032, attributed to the increasing production of electric vehicles and the surge in autonomous vehicle testing.

The CAN & CAN FD segment accounted for over 35% 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.

North America market held over 30% revenue share in 2023, driven by increasing investments in EVs, stringent emission standards, and a growing focus on ADAS.

Aptiv PLC, Continental AG, Delphi (Phinia Inc.), dSPACE GmbH, Ipetronik GmbH & Co., National Instruments Corporation, Robert Bosch GmbH, TT Tech, Vector Informatik GmbH, and Xilinx.