Automotive Data Logger Market Share & Growth | Forecast 2031

Report Description

Automotive Data Logger Market Outlook 2031

The global automotive data logger market size was USD 3.22 Bn in 2022 and is likely to reach USD 6.07 Bn by 2031, expanding at a CAGR of 7.3% during 2023–2031. The market growth is attributed to the high adoption of advanced electronic components in automobiles.

An automotive data logger is referred to as a system integrating several devices and equipment, which is designed for testing vehicle performance and acquiring data. Automotive data loggers gather real-time data regarding vehicle temperature, brake settings, RPMs, longitude, latitude, throttle settings, speed, and others. The data logger system does not require extra devices or equipment as well as additional user interaction for data collection.

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Automotive data logger systems enable online data visualization and control by connecting built-in sensors or devices with external connecting devices such as computers, smartphones, and others. Data loggers are used for testing fuel emissions, vehicle diagnosis, evaluating vehicle performance, and improving driver safety.

Automotive data logger solutions are used to optimize vehicle performance as well as driver performance. These solutions diagnose rare vehicle issues and troubleshoot problems. Automotive data logger systems are used in fleet management to aid in fuel cost reductions, dispute handling, breakdowns, predictive maintenance, and others. These loggers facilitate data control and custom integration. 

COVID-19 Impact on Automotive Data Logger Market

The global automotive data logger market was affected negatively during the COVID-19 period. The lockdown, travel restrictions,  social distancing policies, and other pandemic-related regulations resulted in an insufficient workforce, insufficient raw materials, a halt in production, the shutdown of manufacturing plants, and disruption in the supply chain.

COVID-19 adversely affected the demand and sales of automobiles, which impacted the growth of the automotive data logger market negatively. The lockdown and decreasing disposable income during the pandemic reduced the demand for vehicles, which in turn decreased the adoption of automotive data logger systems across the globe. The global market is expected to rise at a steady pace during the post-pandemic period.

Automotive Data Logger Market Dynamics

The research report presents a complete overview by providing detailed information about the current market trends, existing drivers, growth opportunities and potentials, and emerging challenges. The automotive data logger market report has up-to-date insights about market dynamics and market scenarios that can shape the overall market performance and output during the forecast period, 2022 to 2030.

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What are the Major Trends in the Global Automotive Data Logger Market?

Several governments across the globe are encouraging the adoption of electric vehicles (EVs) to minimize carbon footprints and curtail the negative impacts of carbon emissions on the environment. Rising disposable income among consumers as well as the need to adhere to changing government regulations and policies regarding carbon emissions have boosted the sales of electric vehicles across the globe.

The high adoption of EVs increased the demand for automotive data logger systems to gather information regarding batteries, battery performance, braking systems, controllers, HVAC, lighting systems, infotainment, and others. The rising usage of automotive data logger systems to monitor and track EV performances boosts the global market. 

Which Factors are Driving the Demand for Automotive Data Loggers?

Advanced driver assistant system & safety (ADAS & safety) technologies facilitate monitoring vehicles and their surroundings. ADAS & safety systems are used to detect driving patterns as well, which aid in improving the driving experience by assisting drivers in performing basic driving functions. High demand for vehicle & driver safety and convenient & safe driving boost the demand for ADAS & safety and other data logging systems across the globe.

A growing number of automobile manufacturers and original equipment manufacturers are integrating data logging systems and solutions in different kinds of vehicles in pre and post-production. Automotive data logger systems are used to gather information such as fuel levels, RPMs, air pressure, and other detailed information regarding the vehicle and its surroundings.

The collected data is used to resolve any vehicle issues and improve driver & passenger safety. Rising demand and adoption of automotive data logger solutions for improved automated driving and assistance systems boost the global market.

Which Factors are Limiting the Growth of the Automotive Data Logger Market?

The cost of automotive data logger systems is higher than other conventional on-board diagnostics systems. An increasing number of data logger manufacturers are trying to develop data loggers to support all the channels, such as  CAN, LIN, ethernet, and FlexRay. However, curtailing prices of data logger systems while maintaining quality puts manufacturers under pressure. High costs associated with data loggers make it difficult for their adoption in developing countries and hamper the growth of the global automotive data logger market. 

Rising demand for vehicle connectivity and increasingly depending basic vehicle functions on software and electronics are expected to expose vehicles to security threats. Vehicle and passenger security are easily compromised by hackers, as sensitive information regarding the vehicle and passengers is uploaded on connected networks. An increasing number of cybersecurity threats restrain the growth of the automotive data logger market.

What are the Growth Opportunities in the Global Automotive Data Logger Market?

An increasing number of research and development activities in the automobile industry offer growth opportunities for the market players. The growing adoption of innovative and technologically advanced automobile solutions such as connected and autonomous vehicles increases the demand for data logging systems to meet the enormous data generated from such vehicles.

Market players are competing to offer advanced data logger systems and solutions to cater to the continuous advancements in the automobile industry. The surging adoption of advanced electronic architecture in modern vehicles provides lucrative opportunities to the market players.

Scope of Automotive Data Logger Market Report

The global automotive data logger market research report includes an assessment of the market trends, market segments, and regional markets. Overview and dynamics have also been included in the report.

Automotive Data Logger Market Segment Insights

Why is the USB Segment More Prevalent than the Wi-Fi/Bluetooth Segment?

On the basis of connection type, the global automotive data logger market is divided into SD card, USB, Wi-Fi/Bluetooth, and others. The USB segment is expected to register continuous growth during the forecast period, as USB ports or connectors are used to connect automobiles to computing devices placed far from them.

USB is an easy and convenient way to transfer data from data logger to other computing devices such as laptops, PCs, and smartphones. It is considered an affordable transfer method, which drives the USB segment growth.

The Wi-Fi/Bluetooth segment is projected to expand rapidly in the coming years, owing to increasing usage of the internet and other advanced technologies such as Wi-Fi and Bluetooth in the automotive industry. Wi-Fi or Bluetooth does not require a physical connection between the data logger and computing devices in order to share information. This makes the Wi-Fi/Bluetooth connection type more convenient for data logging than the other connection types.

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What Contributes to the Expansion of the CAN Segment?

In terms of channel, the global automotive data logger market is segmented into LIN, CAN, ethernet, and FlexRay. The CAN segment is estimated to hold a significant market share during the forecast period, as it facilitates prompt connectivity between computing devices and data loggers for speedy data transfer in real time. A Controller Area Network (CAN) is used to gather vehicle data logs and manage fleets.

FlexRay segment is anticipated to expand rapidly in the coming years, as this connection channel facilitates data to be transferred on a set time. This allows consumers to predict when the next set of data is going to arrive. FlexRay handles several types of frames. These are the major factors that boost the growth of the segment. The FlexRay channel provides enhanced bandwidth for advanced automotive applications to improve the response time, which fuels the growth of the segment.

Why is the Commercial Vehicle Segment Holding a Key Market Share?

On the basis of vehicle type, the global automotive data logger market is segregated into commercial vehicles, passenger vehicles, utility vehicles, and others. The commercial vehicle segment is projected to hold a large share of the market revenue during the forecast period, due to the growing adoption of advanced technologies such as ADAS and data logger systems in commercial vehicles.

Increasing demand for driver safety, efficient driving, and increasing need for fleet management boost the demand for data logger systems in commercial vehicles.

The passenger vehicles segment expands significantly in the coming years, owing to rising disposable income among consumers across the globe. Growing demand and adoption of passenger vehicles among consumers, rising demand for safety features in vehicles, and assistance in performing basic driving functions are the major factors spurring the growth of the segment.

How is the Original Equipment Manufacturers Segment Dominating the Global Market?

Based on end-user, the global automotive data logger market is separated into original equipment manufacturers, regulatory bodies, and service stations. The Original Equipment Manufacturers (OEMs) segment is estimated to hold a large market share during the forecast period, as an increasing number of automotive data logger manufacturers provide their products and solutions to OEMs.

OEMs provide help in adopting different systems, subsystems, components, modules, and others into new vehicles. OEMs offer aftermarket services such as replacing faulty components in old vehicles.

The regulatory bodies segment is anticipated to hold a key market share in the coming years, owing to increasing demand for environment-friendly and self-driving vehicles. Regulatory bodies aid in revising old rules and regulations regarding automobiles and creating new laws for safety and security. Increasing usage of automotive data loggers in test centers of regulatory bodies drives the segment growth.

What are the Key Factors Driving the Diagnostics Segment?

In terms of application, the global automotive data logger market is divided into automotive insurance, fleet management, on-board diagnostics, advanced driver assistant system & safety, and others. The on-board diagnostics segment is estimated to register a significant CAGR during the forecast period, as on-board diagnostics systems help consumers to diagnose problems with vehicles easily.

These systems record data regarding the vehicle’s performance in an easy-to-read format. The data collected on these systems include fuel levels, RPMs, and air pressure. Automotive data loggers are often used with on-board diagnostics systems to offer all-inclusive vehicle performance data to consumers. This helps consumers to make vehicle repairs accordingly.

The advanced driver assistant system & safety segment is anticipated to expand at a significant pace in the coming years, as advanced driver assistant system & safety (ADAS & safety) are increasingly adopted in modern automobiles in recent years.

Several manufacturers and automobile companies use ADAS & safety systems, in conjunction with data loggers, to gather detailed information regarding vehicles and their surroundings. The data is used to help drivers take informed decisions to drive safely.

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Why is the Demand for Automotive Data Loggers High in Asia Pacific?

Based on region, the global automotive data logger market is segmented into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The automotive data logger market in Asia Pacific is expected to register a high CAGR of 15.3% during the forecast period, due to the increasing adoption of data-logging devices across many organizations in the region.

Developing countries in Asia Pacific such as India, South Korea, Japan, and others are considered as major contributors in the automotive data logger market in the region. Surging demand for different types of vehicles, rising disposable income, and advancing infrastructure in these countries spur the market growth in Asia Pacific.

The automotive data logger market in Europe is estimated to expand rapidly in the coming years, owing to the increasing adoption of electric vehicles in the region. The high adoption of electric vehicles, especially electric cars, in several countries in Europe has increased the demand for automotive data logger systems in the region.

The wide presence of several key market players such as RACELOGIC, Aptiv, IPETRONIK GmbH & Co. KG, Continental AG, and others in the region is projected to boost the automotive data logger market in Europe.

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