The automotive data logger market is projected to propagate at a solid CAGR of 6.8% during the forecast period (2021-2027). The rising demand for higher bandwidth, increase in deployment of ADAS and infotainment systems in the vehicle are expected to drive the growth of the global automotive data logger market. The data logger is a device which is used to test fuel emission and for evaluation of vehicle performance. The rising focus of automobile manufacturers towards the development of eco-friendly transportation & autonomous vehicles & increasing vehicle production backed by a growing demand for passenger safety and convenience are the other factors responsible for the growth of the market. The lack of skilled workforce to develop advanced data logger, and incorrect data capturing or data loss due to physical damage in vehicles may impede its market growth. However, its ability to analyze real-time data is anticipated to offer future opportunity to the growth of the global automotive data logger market.
Get Free Sample link @ https://www.omrglobal.com/request-sample/automotive-data-logger-market
The COVID-19 pandemic has made negative impact on the growth of the automotive data logger market. The decline in product demand and supply chain disruption has led several key manufacturers of data loggers to halt their production process for some time. The halt in production unit is expected to decline the market value of automotive data logger market in 2020. Cointinental AG one of the key manufacturer of automotive data logger has announced it’s withdrawn from 2020 outlook due to ongoing uncertainty regarding market development. As per the company, due to the ongoing pandemic the sales of its automotive divisions are expected to be around $6.7 to $6.9 billion and the adjusted EBIT margin is expected to be around 0%.
full report of Automotive Data Logger Market available @ https://www.omrglobal.com/industry-reports/automotive-data-logger-market
- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Automotive Data Logger Market Report Segment
By Application
- Advanced Driver-Assistance Systems (ADAS)
- Automotive insurance
- Fleet management
- On-Board Diagnostics (OBD)
By Connection Type
- Bluetooth
- WIFI
- USB
By Channels
- Can & Can FD
- LIN
- Flexray
- Ethernet
By End-User
- OEMs
- Regulatory Bodies
- Service Stations
Global Automotive Data Logger Market by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global automotive data logger market. Based on the availability of data, information related to the products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/automotive-data-logger-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
