Coronavirus Outbreak: Automotive Data Logger Market Continue to Escalate Positive Outlook
Market Research Future published a research report on “Automotive Data Logger Market Research Report” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
The global automotive data logger market is predicted to touch USD 4.75 billion at a 7.2% CAGR between 2017- 2023, states the recent Market Research Future (MRFR) analysis. A vehicle data logger, simply put, is a powerful and flexible device that collects a diverse range of signals such as GPS, analog, CAN, and OBD. It has been designed for OEM engineering data acquisition and vehicle tests and can help to capture real-time data from different sources. These sources include speed, longitude, latitude, throttle settings, brake, RPM, and temperatures, all sans the need for user interaction or extra instrumentation for extensive time periods.
Various factors are propelling the global automotive data logger market share. According to the recent MRFR report, such factors include the increase in the production of electric cars & autonomous vehicle testing, advances in technology in modern cars, an increase in the number of electronic products in cars, and burgeoning demand for real-time vehicle data.
On the contrary, lack of a trained workforce, high cost of data acquisition systems, improper analyses & collection of data, and the on-going COVID-19 impact are factors that may limit the global data logger market growth over the forecast period.
The MRFR report highlights an inclusive segmental analysis of the global automotive data logger market based on connection type, channels, and application.
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Based on the region, the global automotive data logger market report covers the recent trends and growth opportunities across the Asia Pacific (APAC), the Americas, Europe, & the Middle East and Africa. Of these, the Americas will have the lions share in the market over the forecast period. The increasing use of electric cars due to growing concerns about the environment, vendors’ enthusiasm to adopt current technologies, and frequent technological advancements are adding to the global automotive data logger market growth in the region.
The global automotive data logger market in Europe is predicted to hold the second-largest share over the forecast period. Increasing sales of electric cars, coupled with the quick adoption of electronic architectures, are adding to the global automotive data logger market growth in the region.
Automotive Data Logger Market@ http://heraldkeeper.com/featured/coronavirus-outbreak-automotive-data-logger-market-continue-to-escalate-positive-outlook-expected-to-reach-usd-4-75-billion-by-the-assessment-period-578617.html
Eminent players profiled in the global automotive data logger market report include Transtron Inc. (Japan), myCarma (Canada), NSM Solutions (India), Influx Technology (the U.K.), MadgeTech, Inc (the U.S.), Ipetronik GmbH & Co. KG. (Germany), MEN Micro Inc. (the U.S.), Danlaw Technologies India Limited (India), HEM Data Corporation (the U.S.), Dewesoft d.o.o. (Slovenia), Intrepid Control Systems, Inc. (the U.S.), Xilinx (the U.S.), TTTech Computertechnik AG (Austria), National Instruments (the U.S.), Racelogic (the U.K.), Harman International (the U.S.), Continental Automotive GmbH (Germany), Vector Informatik GmbH (Germany), Delphi Technologies (the U.K.), and Robert Bosch GmbH (Germany), among others.
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