Global Automotive Data Logger Market 2021 Analysis May Set New Growth Story, Forecast to 2027

Global automotive data logger market is anticipated to exhibit considerable CAGR of 6.8% during the forecast period (2021-2027). The rising adoption of the advanced electronic component in the trending and upcoming vehicle architecture is a key factor driving the growth of the global automotive data logger market. This is due to the fact that the advanced electronic components facilitates in collecting crucial vehicle data. An automotive data logger facilitates in holding vehicle data that holds huge potential for OEMs to find new revenue paths and enables them to expand the capabilities of their connected vehicle portfolios by use of real-time analytics, Usage-Based Insurance (UBI) and data marketplaces/monetization. 

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In January 2021, Alibaba and SAIC Motor Corp. Ltd., have collaborated to launch an all-new automotive brand Zhiji Auto / IM for Sedan. The sedan features a streamlined design and an intelligent lighting system which reportedly consists of 2.6 million pixels of light. Such type of new automotive model launches is anticipated to hold immense potential for the use of electric components in the vehicles. The high number of electric component composition in the vehicles is anticipated to create demand for automotive data logger which in turn will drive its market growth. 

Market Coverage

  • Market number available for – 2020-2027
  • Base year- 2020
  • Forecast period- 2021-2027

Segment Covered-

  • By Application
  • By Connection Type
  • By Channel
  • By End-User

Regions Covered- 

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment and region dominates the market in base year?
  • Which segment and region will project fastest growth in the market?
  • How COVID-19 impacted the market?

o             Recovery Timeline

o             Deviation from pre-COVID forecast

o             Most affected region and segment

  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

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Global Automotive Data Logger Market Report Segment

By Application

  • Advanced Driver-Assistance Systems (ADAS)
  • Automotive insurance
  • Fleet management
  • On-Board Diagnostics (OBD)

By Connection Type

  • Bluetooth 
  • WIFI
  • USB

By Channels

  • Can & Can FD
  • LIN
  • Flexray
  • Ethernet

By End-User

  • OEMs
  • Regulatory Bodies
  • Service Stations

(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)