Automotive Data Logger Market: Current Analysis and Forecast (2021-2027)
Global Automotive Data Logger is anticipated to display a CAGR of around ~7.5% over the forecast period (2021-2027). Modern car data loggers are more expensive than traditional OBD-I systems. However, data loggers that simply support CAN and LIN channels are less expensive than those that handle all of the major channels (CAN, LIN, FlexRay, and Ethernet). This is also dependent on the amount of analog and digital inputs that data loggers can accommodate. OEMs are always pressuring data logger vendors to reduce device pricing while preserving device quality. Additionally, as their efforts toward building autonomous and connected vehicles have expanded dramatically, OEMs are increasingly requesting data recorders that cover all channels. Because the automobile data logger business is particularly price-sensitive, the rising cost of data loggers is a source of concern in growing countries. The rise of automotive network connectivity exposes vehicle to dangers. Even the most fundamental tasks of a car are now reliant on electronics and software, with 30 to 40 million lines of code in low-end vehicles and 100 million lines of code in high-end vehicles; and the CAN bus is the heart of this network. However, this bus module was not designed for assuring cybersecurity when it first appeared 30 years ago. As a result, hackers can easily compromise the vehicle's and its occupants' safety and security by reverse-engineering the CAN bus.
Insights Presented in the Report
"Amongst Channel, Controller Area Networking (CAN & CAN FD) segment dominated the market in 2020”
Based on channel, the market is segmented into Controller Area Networking (CAN & CAN FD), Local Interconnect Network (LIN), and Flex Ray and Ethernet. The Controller Area Networking (CAN & CAN FD) segment generated revenue of USD XX billion in 2020 and is expected to grow at a CAGR XX% during the forecasted period. CAN & CAN FD is a data-communication protocol that is commonly used in electronic instrumentation and control systems to broadcast sensor data and control information across two-wire links. Automakers may transport data and allow connections at 1 Mbps with a high level of data integrity using CAN and CAN FD. As a result, the category is predicted to maintain its dominance during the prediction period
"Amongst End Market, Regulatory Bodies segment dominated the market in 2020”
Based on end market, the market is segmented into OEMs, Service Stations, and Regulatory Bodies. The Regulatory Bodies segment generated revenue of USD XX billion in 2020 and is expected to grow at a CAGR XX% during the forecasted period. This can be linked to the fact that the industry is heading toward self-driving and environmentally friendly vehicles. As a result, existing regulations and rules must be revised, and various new laws and regulations must be enacted. For this, the regulating organizations would need to have a thorough understanding of how these modern cars operate, which would necessitate the use of data recorders at their test labs
"Amongst Application, Pre-Sales segment dominated the market in 2020.”
Based on application, the market is segmented into Post-Sales and Pre-Sales. The Pre-Sales segment generated revenue of USD XX billion in 2020 and is expected to grow at a CAGR XX% during the forecasted period. Because data loggers are widely used in the automotive industry during the pre-sale stage due to their ease of use, reliability, and understandability of the obtained information, the segment of pre-sales applications is rapidly growing. They significantly reduce OEMs' efforts during lab and on-road testing, as well as their time to market for new goods and technologies
"Amongst Connection Type, USB segment dominated the market in 2020.”
Based on connection type, the market is segmented into SD Card, USB, and Bluetooth/WIFI. The USB segment generated revenue of USD XX billion in 2020 and is expected to grow at a CAGR XX% during the forecasted period. The USB interface dominates the global market because it quickly and easily transports data from automobile data loggers to reading devices such as cell phones, laptops, and computers. Similarly, the data logger is the most dependable and cost-effective way of data sharing
"North America represents the largest market.”
During the projection period, the North America is expected to have largest market share in 2020. North America region is a pioneer in numerous technologies, even if they are expensive. Data logger technology takes into account a wide range of parameters when evaluating a vehicle's performance, with data on numerous vehicle metrics being sold at a greater price. Furthermore, the ability to operate such equipment necessitates highly skilled employees. As a result, gathering data from the data logger and giving the training to upskill personnel on the technology has proven to be an expensive operation, limiting the potential use of data logger in the automobile industry. In some regions of Asia-Pacific, Latin America, the Middle East, and Africa, the high cost of data collecting systems from data loggers in automobiles is impeding market expansion. People in North America, on the other hand, respond swiftly to new technology that enters the market and are sometimes referred to as early adopters of new technology. The automotive data logger is also in its early stages, and it is projected that the region will expand the most in comparison to other regions over the forecast period. Some of the major players operating in the market include Aptiv PLC, Delphi Technologies, Continental AG, CSS Electronics, Harman International, ABB Ltd, Influx Technology, IPETRONIK GmbH & Co. KG, Intrepid Control Systems, Inc. and Robert Bosch GmbH etc.
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