Market Dynamics
Market Research Future (MRFR)’s new research report suggests that the automotive data logger market 2020 can record a significant growth rate of 7.2% from 2017 to 2023 (appraisal period). The automotive data logger market is also presumed to touch a valuation of USD 4.75 Billion by 2023-end. We will provide COVID-19 impact analysis with the report.
COVID-19 Analysis
An impact analysis on COVID-19 by MRFR reveals that there has been a significant drop in vehicle sales in the first few months of 2020, given the shutdowns across countries and the oil price fluctuations. Leading automotive OEMs are adopting several tactics to mitigate the negative impact on their businesses by assessing their dealerships to resume services. The short-term impact of COVID-19 in the automotive sector has led to shutting down of assembly plants in the United States (US), manufacturing interruptions across Europe and ceased export of Chinese components. However, till the time a COVID-19 breakthrough is not achieved, the automotive industry can remain resilient, given the ongoing efforts by leading companies to curb revenue losses by adopting recovery tactics such as mergers and acquisitions and more.
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Companies Covered
Robert Bosch GmbH (Germany), Delphi Technologies (the U.K.), Vector Informatik GmbH (Germany), Continental Automotive GmbH (Germany), Harman International (the U.S.), Racelogic (the U.K.), National Instruments (the U.S.), TTTech Computertechnik AG (Austria), Xilinx (the U.S.), Intrepid Control Systems, Inc. (the U.S.), Dewesoft d.o.o. (Slovenia), HEM Data Corporation (the U.S.), Danlaw Technologies India Limited (India), MEN Micro Inc. (the U.S.), Ipetronik GmbH & Co. KG. (Germany), MadgeTech, Inc (the U.S.), Influx Technology (the U.K.), NSM Solutions (India), myCarma (Canada), and Transtron Inc. (Japan).
Market Segmentation
MRFR’s detailed segmental market review comprises application, channels, as well as connection type.
- The application areas of an automotive data logger are pre-sales as well as post-sales.
- The channels that facilitate the sales of automotive data loggers include ethernet, CAN & CAN FD, LIN and FlexRay. Ethernet can remain the most rapidly expanding segment throughout the review period, on account of its fast data transfer speed.
- The connection types described in the market review are SD card, USB and Bluetooth / Wi-Fi. The Bluetooth / Wi-Fi segment currently holds the leading position in the global market, while the fastest growth rate is expected to be procured by the SD card segment.
Regional Study
Europe is one of the top-performing markets for automotive data loggers and can also post the highest growth rate in the following years. With the fast adoption of electronic architectures in the automotive industry and the escalating sales of electric vehicles, the regional market can note noteworthy expansion in the years ahead.
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TABLE OF CONTENTS:
- Market Introduction
- Research Methodology
- Market Dynamics
- Executive Summary
- Market Factor Analysis
- Automotive data logger Market, By Segments
- Competitive Analysis
Continued…
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Market Research Future (MRFR) in the new report on the global Automotive Data Logger market 2020, states determiners and restrains on the market.
The Automotive Data Logger Market is estimated to attain an income worth USD 4.75 billion by 2023 by registering a CAGR of 7.2% in the impending period.A vehicle data logger, simply put, is a powerful and flexible device that collects a diverse range of signals such as GPS, analog, CAN, and OBD.
It has been designed for OEM engineering data acquisition and vehicle tests and can help to capture real-time data from different sources.
These sources include speed, longitude, latitude, throttle settings, brake, RPM, and temperatures, all sans the need for user interaction or extra instrumentation for extensive time periods.
Top Companies profiled in Automotive Data Logger Market Research Report:Transtron Inc. (Japan), myCarma (Canada), NSM Solutions (India), Influx Technology (the U.K.), MadgeTech, Inc (the U.S.), Ipetronik GmbH & Co. KG.
(Germany), MEN Micro Inc. (the U.S.), Danlaw Technologies India Limited (India), HEM Data Corporation (the U.S.), Dewesoft d.o.o.
Global automotive data logging market is projected to register a CAGR of 7.2% during the forecast period 2017 to 2023.
The valuation of the market is presumed to reach USD 4.75 Bn mark by the end of 2023.
The growing demand for high-end automobiles is likely to drive the expansion of the market in the foreseeable future.Real-time data about vehicles facilitated performance efficiency which is expected to propel the expansion of the automotive data logger market in the next couple of years.
Furthermore, the thriving automotive sectors in the developed regions have generated demand for electric cars.
This, in turn, is poised to propel the expansion of the automotive data logger market across the projection period.The ongoing trend of the adoption of autonomous vehicles has also unleashed tremendous opportunities for the market participants.
On the flip side, expensiveness of the system and lack of skilled labor are likely to hinder the growth of the automotive data logger market in the upcoming years.Market Segmentation:By application, the global automotive data logger market has been segmented into pre-sales and post-sales.
