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.
Growth Inducers and Key Barriers
Despite the COVID-19 crisis, the automotive data logger
market can remain steady in the coming years, primarily owing to the rapid
expansion of the worldwide automotive industry and the rising online sales of
vehicles. The market also benefits from the growing complexity of the
electronic architecture in electric vehicles and ICEs, given the prevalence of
strict emission regulations. The boost in the sales of luxury vehicles with
embedded features and the massive efforts that goes into the upgradation of
these features boosts the use of data loggers.
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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
Study reveals that the Americas is the current leader and can
remain the most profitable market till the end of the assessment period. The
prime growth inducers in the regional market include the frequent technological
advancements and the enthusiasm shown by the vendors to adopt the latest
technologies. The increasing uptake of electric vehicles in the wake of
mounting concerns regarding the environment can also favor the regional
market.
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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DETAILS – https://www.marketresearchfuture.com/reports/automotive-data-logger-market-6676
TABLE OF CONTENTS:
1.
Market Introduction
2.
Research Methodology
3.
Market Dynamics
4.
Executive Summary
5.
Market Factor Analysis
6.
Automotive data logger Market, By Segments
7.
Competitive Analysis
Continued…
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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