The “Global Automotive Data Logger Market: Growth, Trends and Forecast 2020-2025” report has been added to ResearchAndMarkets.com’s offering.
The Global Automotive Data Logger Market is anticipated to register a CAGR of about 7 %, during the forecast period (2020-2025).
Increased in use of technologically advanced solutions in automotive industry for monitoring various factors of vehicle such as temperature, vibration, acceleration, shock and others has optimized the safety of vehicles as well as passengers.
Rise in demand for autonomous vehicle testing with the help of advanced electronic architecture in modern vehicles is driving the growth of the global automotive data logger market.
Key Market Trends
Growing Developments in Technology Boosting the Market Growth
In September 2019, Racelogic Introduces the VBOX Touch, the first in a new generation of highly flexible data loggers
The hardware can be used in many types of diverse automotive tests such as acceleration, braking, speed verification, tire temperature monitoring, lap-timing, and durability to name a few. The VBOX Touch comes preloaded with a sophisticated performance application that covers many common use cases and other applications can be downloaded free of charge from our online library.
Racelogic can also write custom scripts based on your own requirements. The VBOX Touch has a daylight readable color touchscreen, 10Hz GNSS engine, WiFi, Bluetooth, twin CAN ports, serial port, digital input, and four multi-color LEDs. This product comes with preloaded scripts written in python which is a very advanced artificial intelligence language. This gives the user flexibility to write their own codes depending on their requirement for testing.
In February 2020, Honda introduced LogR data logging app for Honda Civic Type R
This app will enhance the cars’ performance and tell the driver instantly what is the problem or what are the areas of concerns in the car from where the performance can be improved and increased. The performance monitor provides vehicle information such as oil temperature, intake air temperature, and gear position to the driver.
Such above developments in the automotive industry will force players to introduce similar products in their vehicle and further boosting the demand of data loggers.
North America Captures the Major Market Share
The region is early adaptors to many technologies even if they are high on cost. Data logger technology considers a wide range of parameters to evaluate vehicles performance and data on various vehicle parameters disclosed at a higher price in the market. Additionally, the skill to operate such technology requires highly trained workers. Thus, the data collection from the data logger and providing training to up skill the workers on the technology, turned out to be an expensive process, which in turn hindering the potential adoption of data logger in automotive industry. The high cost associated in data acquisition system from data logger in vehicles is hindering the market growth in some regions of Asia-Pacific, Latin America and Middle East & Africa
However, the people living in the North America responds quickly to the new technology coming in the market and are often termed as early adaptors of new technology. Automotive data logger is also in its initial days and during the forecast period it is expected that the region will experience highest growth with respect to other regions.
The competition in the market is moderate as this market is still in the nascent stage. However, during the forecast period, the market is likely to see high competition owing to the rapidly growing adoption of advanced technologies in vehicles across the global market. Some of the key players in the market includes Robert Bosch Gmbh, Continental AG, TT Tech and others.
The companies are making new strategic partnerships, investing majorly in R&D projects and launching new products in the market for being ahead of their rivalries.
Key Topics Covered
1.1 Study Assumptions
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porters Five Forces Analysis
5 MARKET SEGMENTATION
5.1.2 Automotive Insurance
5.1.3 Fleet Management
5.2 Connection Type
5.3.1 North America
5.3.4 Rest of the World
6 COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
6.2.1 Robert Bosch GmbH
6.2.2 Vector Informatik GmbH
6.2.3 Continental AG
6.2.5 TT Tech
6.2.6 National Instruments
6.2.7 Intrepid Control Systems
6.2.8 Men Micro
6.2.9 Ipetronik GmbH & Co.
6.2.10 NSM Solutions
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/8abmi5