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Automotive Event Data Recorder Market -- North America to occupy 36% market share

·13 min read

NEW YORK, Sept. 1, 2022 /PRNewswire/ -- The "Automotive Event Data Recorder Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026" report has been added to Technavio's offering. The report expects the market size to grow by USD 1.32 billion between 2021 and 2026, expanding at a CAGR of 5.86% during the forecast period. The analysts at Technavio have considered various aspects such as the consumer base, adoption rate, average selling price, revenue generated by vendors, and various other factors to estimate the market size. Download Sample PDF Report

Technavio (PRNewsfoto/Technavio)
Technavio (PRNewsfoto/Technavio)

The global automotive EDR market is fragmented owing to the presence of global and regional players. Vendors operating in the market supply EDRs depending on the requirement of automotive OEMs. To these vendors, there are suppliers offering raw materials, parts, and other sub-components that are used in the manufacturing of EDRs. The competitive environment in this market is likely to intensify with stringent safety norms and an increase in vehicle safety awareness among the global population. The established and renowned vendors are focusing on designing and developing advanced EDRs.

Some prominent vendors in the market are Aptiv Plc, Continental AG, DENSO Corp., and Garmin Ltd. Companies are increasingly launching new products to increase their market presence. For instance, in January 2022, Robert Bosch GmbH CDR (crash data retrieval) was updated to version 21.4, which now fully supports a wide range of vehicle models (2022) in China, including Bentley, Maserati, Ferrari, Chrysler, Fiat, Jeep, and Toyota Corolla.

Although the rising number of road accidents across the world will offer immense growth opportunities, the high investments needed to install EDRs and their supporting technologies will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Request Sample Report Here

The global automotive event data recorder market is segmented as below:

  • Application

The passenger cars segment was the largest segment of the market in 2021 and will continue to be the largest segment of the market during the forecast period. The increasing adoption of automotive event data recorders by automakers, especially in developed countries such as the US.

  • Geography

North America will emerge as the key market, occupying 36% of the global market share. The increasing sales of automotive EDRs through online channels is driving the growth of the regional market. Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our automotive event data recorder market report covers the following areas:

Automotive Event Data Recorder Market 2022-2026: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the automotive event data recorder market. Backed with competitive intelligence and benchmarking, our research report on the automotive event data recorder market is designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

Automotive Event Data Recorder Market 2022-2026: Key Highlights

  • CAGR of the market during the forecast period 2022-2026

  • Detailed information on factors that will assist automotive event data recorder market growth during the next five years

  • Estimation of the automotive event data recorder market size and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the automotive event data recorder market

  • Analysis of the market's competitive landscape and detailed information on vendors

  • Comprehensive details of factors that will challenge the growth of automotive event data recorder market vendors

Related Reports:

Automotive Event Data Recorder Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.86%

Market growth 2022-2026

USD 1.32 billion

Market structure

Fragmented

YoY growth (%)

5.24

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 36%

Key consumer countries

US, China, Japan, South Korea, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Aptiv Plc, Cansonic Dash Cam, Continental AG, DENSO Corp., Digital Ally Inc., Garmin Ltd., Infineon Technologies AG, Octo Group S.p.A, PAPAGO Inc., Pittasoft Co. Ltd., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Squarell BV, Vacron, Veoneer Inc., and ZF Friedrichshafen AG

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table Of Contents :

1 Executive Summary

  • 1.1 Market overview

2 Market Landscape

  • 2.1 Market ecosystem

3 Market Sizing

  • 3.1 Market definition

  • 3.2 Market segment analysis

  • 3.3 Market size 2021

  • 3.4 Market outlook: Forecast for 2021-2026

4 Five Forces Analysis

  • 4.1 Five forces summary

  • 4.2 Bargaining power of buyers

  • 4.3 Bargaining power of suppliers

  • 4.4 Threat of new entrants

  • 4.5 Threat of substitutes

  • 4.6 Threat of rivalry

  • 4.7 Market condition

5 Market Segmentation by Application

  • 5.1 Market segments

  • 5.2 Comparison by Application

  • 5.3 Passenger cars - Market size and forecast 2021-2026

  • 5.4 Commercial vehicles - Market size and forecast 2021-2026

  • 5.5 Market opportunity by Application

6 Customer Landscape

  • 6.1 Customer landscape overview

7 Geographic Landscape

  • 7.1 Geographic segmentation

  • 7.2 Geographic comparison

  • 7.3 North America - Market size and forecast 2021-2026

  • 7.4 Europe - Market size and forecast 2021-2026

  • 7.5 APAC - Market size and forecast 2021-2026

  • 7.6 South America - Market size and forecast 2021-2026

  • 7.7 Middle East and Africa - Market size and forecast 2021-2026

  • 7.8 US - Market size and forecast 2021-2026

  • 7.9 China - Market size and forecast 2021-2026

  • 7.10 Japan - Market size and forecast 2021-2026

  • 7.11 Germany - Market size and forecast 2021-2026

  • 7.12 South Korea - Market size and forecast 2021-2026

  • 7.13 Market opportunity by geography

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers

  • 8.2 Market challenges

  • 8.3 Impact of drivers and challenges

  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview

  • 9.2 Vendor landscape

  • 9.3 Landscape disruption

  • 9.4 Industry risks

10 Vendor Analysis

  • 10.1 Vendors covered

  • 10.2 Market positioning of vendors

  • 10.3 Aptiv Plc

  • 10.4 Cansonic Dash Cam

  • 10.5 Continental AG

  • 10.6 DENSO Corp.

  • 10.7 Garmin Ltd.

  • 10.8 Infineon Technologies AG

  • 10.9 Octo Group S.p.A

  • 10.10 Squarell BV

  • 10.11 Vacron

  • 10.12 Veoneer Inc.

11 Appendix

  • 11.1 Scope of the report

  • 11.2 Inclusions and exclusions checklist

  • 11.3 Currency conversion rates for US$

  • 11.4 Research methodology

  • 11.5 List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio Research
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Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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