(I-BusinessNews.Com, March 28, 2019 ) According to the market research report Automotive Data Logger Market by End Market (OEMs, Service Stations & Regulatory Bodies), Application, Post-Sales Application, Channels (CAN & CAN FD, Ethernet, FlexRay and LIN), Connection Type, and Region – Global Forecast to 2025. The automotive data logger market is projected to grow at a CAGR of 7.19% during the forecast period and is estimated to be USD 3.36 billion by 2018 and reach USD 5.46 billion by 2025. The market growth is primarily driven by factors such as the increase in the government norms related to vehicle noise and emissions which is leading to higher use of data loggers at the regulatory bodies’ and OEMs’ end, and the rising demand for sophisticated vehicles with complex architecture that is increasing its demand at the service stations’ end.
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Owing to the emergence of newer technologies in the automotive industry along with the growing demand for electric cars, the data logger market has started to prosper. Regional adoption of these technologies depends on governmental norms and emission regulations along with customer preference. Moreover, vehicle manufacturers are offering additional advanced features in vehicles to acquire more customers and boost profitability, thereby inflating the growth of the automotive data logger market. The automotive data logger market in the Asia Pacific region is growing at the fastest rate, followed by Rest of the World, North America, and Europe.
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Vector Informatik is one of the leading players in the automotive data logger market. It is engaged in various new product development activities related to automotive data loggers. For instance, in February 2018, Vector Informatik introduced a new iteration of its CANape measurement and calibration tool; the current version bears the number 16.0. CANape 16.0 automatically loads all files belonging to a particular measurement. Reliable object recognition by LIDAR sensors is indispensable to autonomous driving.
Browse and in-depth TOC on automotive data logger market
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Ethernet is expected to gain high momentum in the automotive data logger market soon. The industry is said to jump directly from CAN FD technology to Ethernet as the preferred bus system. However, trained workforce available in the industry for this technology is currently very limited, and thus, the growth of this market is sluggish. Extensive efforts are being undertaken around the globe to create a well-trained labor force to unlock the maximum benefits of Ethernet; and hence, the data loggers supporting this bus will see the highest growth by 2025.
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Market key-players
The automotive data logger market is dominated by a few globally-established players such as Robert Bosch GmbH (Germany), Delphi Technologies (UK), Vector Informatik GmbH (Germany), Continental Automotive GmbH (Germany), and Harman International (US).
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