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Automotive Event Data Recorder Market Share

Report ID: GMI10819
Published Date: Aug 2024
Report Format: PDF

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Automotive Event Data Recorder Market Share

Robert Bosch GmbH, Continental AG, and ZF Friedrichshafen AG hold a significant market share of around 45% in the automotive event data recorder industry. These companies invest heavily in research and development, driving innovation in automotive event data recorder solutions. These companies leverage partnerships with vehicle OEMs, software, and sensor manufacturing companies to expand their market reach. Their strong distribution networks ensure that their charging as a service solution is readily available to consumers across various regions.

Additionally, these companies are increasingly integrating advanced technologies into their EDR systems, enhancing data accuracy and usability, which contributes to their dominance in the market.

Automotive Event Data Recorder Market Companies

The major players operating in the automotive event data recorder industry are:

Robert Bosch GmbH
Continental AG
ZF Friedrichshafen AG
Autoliv Inc.
DENSO Corporation
Harman International Industries, Incorporated
Aptiv PLC

Authors: Preeti Wadhwani, Satyam Jaiswal

Frequently Asked Questions (FAQ) :

The market size of automotive event data recorder reached USD 1.8 billion in 2023 and will grow at a 6% CAGR between 2024 and 2032, fueled by increasing vehicle safety regulations and the growing demand for advanced driver-assistance systems (ADAS).

The passenger segment captured 53% of the market share in 2023, driven by the high volume of passenger vehicles globally and growing consumer demand for enhanced safety features.

Asia Pacific market achieved 29% share in 2023, attributed to the region’s booming automotive industry and rising vehicle production.

Major firms operating in the industry are Robert Bosch GmbH, Continental AG, ZF Friedrichshafen AG, Autoliv Inc., DENSO Corporation, Harman International Industries, Incorporated, and Aptiv PLC, among others.