Automotive Data Logger Market

Market Overview

The global automotive data logger market revenue was valued at USD 3.75 billion in 2023. It is estimated to reach USD 6.83 billion by 2032, growing at a CAGR of 6.9% during the forecast period (2024–2032). The growth of the global automotive data logger market has been driven by the growing adoption of electric vehicles and autonomous vehicles that necessitate data logging solutions for ensuring the efficiency, safety, and reliability of these vehicles. Moreover, the primary stakeholders in this market are developing innovative and more efficient automotive data loggers to thrive in the highly competitive market environment, thereby creating opportunities for global market growth.

An automotive data logger records and analyzes various parameters of a vehicle's performance and operation. It typically gathers data such as speed, engine RPM, fuel consumption, temperature, GPS location, acceleration, etc. This information is crucial for vehicle diagnostics, performance optimization, and research. Automotive engineers and researchers utilize data loggers to monitor vehicle behavior under different conditions, allowing them to identify issues, improve efficiency, and enhance safety. Advanced data loggers often feature real-time monitoring capabilities, wireless data transmission, and compatibility with specialized software for in-depth analysis. Thus, automotive data loggers play a vital role in understanding and enhancing vehicles' performance, reliability, and safety on the road.

Top 4 Highlights

• Hardware dominates the component segment
• CAN and CAN FD dominate the channel segment 
• ADAS and safety dominate the application segment 
• North America is the highest shareholder in the global market

Market Dynamics

Market Drivers

Rise of Electric and Autonomous Vehicles 

The growing adoption of electric and autonomous vehicles (EVs and AVs) is a pivotal driver for the automotive data logger market. EVs demand monitoring of battery performance, energy consumption, and charging behavior, while AVs rely heavily on extensive data logging for navigation, perception, and decision-making algorithms. These play a critical role in ensuring these advanced vehicles' efficiency, safety, and reliability, driving their adoption across the automotive industry and stimulating the growth of the data logger market.

As per the latest edition of the IEA's annual Global Electric Vehicle Outlook, over 11 million electric vehicles were sold globally in 2022. The forecast for 2023 projects a 35% growth in sales, resulting in a total of 14 million units. Moreover, McKinsey predicts that autonomous driving might create a substantial revenue ranging from USD 300 billion to USD 400 billion by 2035. Thus, the growth in the adoption of EVs and AVs is estimated to drive global market growth.

Market Restraint

Data Security Concerns 

Data Security Concerns pose a significant restraint on the Automotive Data Logger market. As vehicles become increasingly connected and collect more data, the risk of cyber threats and unauthorized access rises. Manufacturers are required to put strong security standards in place to protect critical data, such as location data, driver behavior data, and vehicle diagnostics, from possible intrusions. A security breach may have serious repercussions, such as impaired car safety, invasions of privacy, and possible legal ramifications. Moreover, ensuring end-to-end security becomes more challenging as vehicles exchange data with external systems and networks, such as cloud platforms and mobile devices. This is predicted to hinder market growth.

Market Opportunities

Launch of Novel Digital Storage Oscilloscopes

The key players in this industry are introducing novel automotive data loggers with enhanced features. For instance, in June 2023, Klas, a prominent global provider of rugged edge technology solutions, unveiled its latest automotive data logging solutions, the TRX D8 2.0, at the ADAS & Autonomous Vehicle Technology Expo in Stuttgart. These solutions have been specifically designed to record the remarkable increase in vision-based data for advanced driver assistance systems and autonomous driving (AD) capabilities.

Furthermore, in April 2023, Xylon introduced the Xylon Quattro, a state-of-the-art data logging and HIL system designed to develop, test, and validate autonomous driving (AD) and vision-based advanced driver assistance systems. With its comprehensive and forward-looking range of features, Xylon Quattro can support automotive advancements up to L5 autonomy. It complements the current third-generation logiRECORDER data logger, which will continue to be maintained and upgraded for use in automotive developments that prioritize performance and cost optimization. These factors present opportunities for market expansion.

Regional Analysis

Based on region, the global automotive data logger market is bifurcated into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

North America's automotive data logger market share is expected to expand substantially during the forecast period. The stringent regulatory mandates regarding vehicle safety and emissions in North America drive the adoption of data logging solutions for compliance and reporting purposes. Similarly, the rising focus on vehicle diagnostics and prognostics for preventive maintenance and efficient fleet management contributes to market growth. Moreover, the burgeoning automotive aftermarket and the proliferation of electric vehicles further boost the demand for data loggers to monitor battery performance and vehicle efficiency. For instance, according to ESRI, the demand for electric vehicles (EVs) has consistently increased across the USA, with the number of registered EVs rising from 280,000 vehicles in 2016 to 2.4 million in 2022. Between 2021 and 2022, the electric vehicle (EV) market experienced a significant 68% rise in Year-Over-Year growth in EV registrations.

Furthermore, the market players showcase their novel products at public events and demonstrate a wide awareness of their devices at several events. For instance, in October 2023, Xylon showcased its comprehensive fourth-generation datalogger, Quattro, at the Automotive Testing Expo North America. The setup demonstrates data collection from 14 video sources with varying specifications, such as cameras equipped with FPD Link-III and GMSL2 automobile interfaces, GigE Vision, and USB reference cameras. Additionally, synthetic video channels are broadcast from the simulator. This arrangement utilizes less than 20% of the logger's data bandwidth and interface capabilities, including the car's ethernet, CAN, and LIN networks. Thus, all these factors are estimated to expedite the market growth during the forecast period.

The Asia-Pacific region encompasses some of the most significant automobile markets globally, such as China, Japan, and India. The increasing demand for electric vehicles (EVs) in these countries is driving the growth of this market. China is currently leading the electric vehicle (EV) business, surpassing traditional automotive leaders like Germany and Japan, as reported by Harvard Business Review. In 2022, China had a remarkable 82% increase in electric vehicle sales, accounting for almost 60% of global electric vehicle purchases. This surpasses the level of the United States, Norway, and other Scandinavian countries, which were the first to adopt electric vehicles. Moreover, the International Energy Agency has reported that China currently possesses nearly 50% of the total number of electric vehicles worldwide. In 2022, the country represented 35% of global electric vehicle exports. Consequently, the factors above are estimated to augment the automotive data logger market in Asia-Pacific.

Segmental Analysis

The global automotive data logger market is bifurcated into components, channels, connection types, applications, and end-users.

Based on components, the global automotive data logger market is bifurcated into hardware and software.

The hardware segment owns the highest market share. An automotive data logger typically comprises several hardware components to record and process vehicle data efficiently. Commonly included hardware consists of sensors for measuring various parameters such as speed, acceleration, temperature, and pressure. These sensors include GPS receivers, accelerometers, thermocouples, and pressure transducers. Similarly, microcontrollers or microprocessors are essential for data processing and storage. These components manage data collection, perform computations, and store information locally or on external storage devices such as SD cards or solid-state drives.

Moreover, communication modules like Wi-Fi, Bluetooth, or cellular modems enable data transmission to external devices or cloud servers for further analysis and storage. Robust power management systems ensure uninterrupted operation, often incorporating battery backups or vehicle power sources to sustain logging during power fluctuations or failures.

Based on channel, the global automotive data logger market is bifurcated into CAN and CAN FD, LIN, FlexRay, and Ethernet. 

The CAN and CAN FD segment dominates the global market. Controller Area Network (CAN) and CAN with Flexible Data Rate (CAN FD) are crucial protocols in automotive data logging. CAN enables communication between various vehicle electronic control units (ECUs), facilitating data exchange for monitoring and controlling systems like engine management, transmission, and safety features. However, the need for higher data transfer rates arises as automotive systems become more complex. This is where CAN FD comes into play, offering increased bandwidth by allowing longer data frames.

In an automotive data logger, CAN and CAN FD capture and store diverse vehicle data such as engine parameters, sensor readings, and diagnostic information. This data aids in performance analysis, troubleshooting, and enhancing vehicle efficiency and safety, making CAN and CAN FD indispensable in modern automotive telemetry systems.

Based on connection type, the global automotive data logger market is bifurcated into USB, Bluetooth/Wi-Fi, and SD card.

Bluetooth and Wi-Fi connections play crucial roles in automotive data loggers, facilitating seamless data transfer between the logger and external devices. Bluetooth enables short-range wireless communication, allowing easy connectivity with smartphones, tablets, or other compatible devices. This enables real-time monitoring and data retrieval, enhancing diagnostic capabilities and enabling timely interventions. Moreover, Wi-Fi connectivity expands the range and versatility of data logger applications, enabling remote access and data transfer over longer distances. With Wi-Fi, automotive data loggers can seamlessly integrate with cloud-based platforms, facilitating data storage, analysis, and sharing. Bluetooth and Wi-Fi connections empower automotive data loggers to streamline data collection, analysis, and utilization processes, ultimately enhancing vehicle performance, diagnostics, and maintenance efficiency.

Based on application, the global automotive data logger market is bifurcated into on-board diagnostics, ADAS and safety, fleet management, and automotive insurance. 

The ADAS and safety segment is estimated to own the market. Automotive Data Loggers are crucial in Advanced Driver Assistance Systems (ADAS) and safety applications by capturing real-time data from vehicle sensors and components. In ADAS development, data loggers help engineers analyze vehicle behavior in various scenarios, enabling the fine-tuning of algorithms for features like adaptive cruise control, lane departure warning, and collision avoidance systems. Moreover, in post-accident analysis, data loggers provide insights into the sequence of events leading to a crash, aiding in accident reconstruction and liability assessment. By facilitating data-driven decision-making, automotive data loggers significantly enhance road safety and refine ADAS technologies for improved performance and reliability.

Based on end-users, the global automotive data logger market is divided into OEM, service stations, regulatory bodies, and others.

Regulatory bodies utilize automotive data loggers to enforce compliance with safety and environmental laws in the automotive industry. These devices collect and analyze large amounts of vehicle data, including speed, acceleration, emissions, and system performance. By monitoring this data, regulatory bodies can ensure that vehicles adhere to established standards regarding emissions levels, fuel efficiency, and safety features.

Automotive Data Loggers provide valuable insights into vehicle behavior, allowing regulators to identify non-compliant vehicles, enforce penalties, and shape future regulations based on real-world data. These tools aid in investigations of accidents or malfunctions, providing crucial information for improving vehicle safety standards. Thus, automotive data loggers are essential tools for regulatory bodies to uphold industry standards and enhance road safety and environmental sustainability.

Recent Developments

• July 2023- Infineon Technologies introduced the first automotive-qualified 1Mbit serial ferroelectric RAM (FRAM) for data logging, together with a 1 4Mbit device.
• October 2023- Tessolve and Airbiquity collaborated on a pre-integrated hardware and software platform for an automotive telematics gateway. This platform includes Over-the-Air (OTA) software upgrades and data logging capabilities. The Tessolve telematics gateway utilizes the Airbiquity OTAmatic software management platform and LOGmatic data logging.