CHICAGO, October 15, 2018 /PRNewswire/ --
According to the new market research report "Automotive Data Logger Market by End Market (OEMs, Service Stations, and Regulatory Bodies), Application, Post-Sales Application, Channels, Connection Type, and Region (APAC, Europe, North America, and RoW) - Global Forecast to 2025", published by MarketsandMarkets™, the Automotive Data Logger Market is projected to grow at a CAGR of 7.19% during the forecast period, from USD 3.36 billion in 2018 to USD 5.46 billion by 2025.
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The increasing production of electric vehicles and autonomous vehicle testing and also the increasing electronic architecture in modern vehicles are collectively expected to drive the Automotive Data Logger Market.
USB connection type segment is estimated to be the largest in the Automotive Data Logger Market
A USB cable connection is one of the ways to transfer data from a data logger to a readable device. This is presently the most common connection type in the Automotive Data Logger Market. The reason is that it is trustworthy, has been used for a long period of time, and there are negligible or no data losses with this connection. The USB is currently the most preferred connection to transfer data from the data logger to a readable device such as a PC, laptop or mobile phone. This is because it is currently the most reliable, easiest, and affordable way of data transfer.
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Ethernet channel is estimated to grow at the fastest rate in the Automotive Data Logger Market
Ethernet is said to be the preferred bus module in automotive communication technologies in the near future because of its fast data transfer speeds and the emergence of autonomous vehicles. The Ethernet technology clears the path for the next level of connectivity. It not only provides improved bandwidth for advanced automotive applications such as ADAS but also reduces the response time for control applications. Ethernet is expected to gain high momentum in the Automotive Data Logger Market soon.
North America: The largest regional market in the Automotive Data Logger Market
North America is estimated to have the highest market share because of the region's fast advancements on the technology front and the governing bodies pushing OEMs to make smarter and efficient vehicles. This growth in North America is expected to be the consequence of disrupting technologies in the automotive industry, which are compelling the authorities to bring rapid changes in regulations to make vehicles smarter, safer, and more eco-friendly.
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The report covers all the major players in the Automotive Data Logger Market, including established players such as Robert Bosch GmbH (Germany), Delphi Technologies (UK), Vector Informatik GmbH (Germany), Continental Automotive GmbH (Germany), Harman International (US), Racelogic (UK), National Instruments (US), TTTech Computertechnik AG (Austria), Xilinx (US), and Intrepid Control Systems, Inc. (US).
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