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Automotive Event Data Recorder Market Trends

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

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Automotive Event Data Recorder Market Trends

A major ongoing trend in the automotive event data recorder (EDR) industry is the integration of these systems with advanced driver assistance systems (ADAS). As vehicles increasingly feature ADAS technologies such as automatic braking, lane-keeping assist, and adaptive cruise control, EDRs are evolving to record data from these systems. This integration allows for more comprehensive accident analysis by capturing data not only on traditional metrics like speed and braking but also on the performance and interventions of ADAS features.

For instance, if an automatic braking system is activated before a collision, the EDR can provide detailed insights into its performance, contributing to more accurate crash investigations and improved vehicle safety features.

In July 2023, Infineon Technologies launched advanced driver assistance systems (ADAS) and autonomous driving (AD) technologies with integrated EDR. Solutions such as the RASIC™ radar chips and AURIX™ microcontrollers are enhancing ADAS applications, improving system integration, and reducing complexity. These innovations support functions such as radar, camera, and sensor fusion. Additionally, new devices comply with ISO 26262 safety standards, ensuring high-speed interfaces and automated decision-making for features such as emergency braking.

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.