The Latin America, Middle East and Africa Automotive Data Logger Market would witness market growth of 7.9% CAGR during the forecast period (2020-2026). Automobile manufacturers have taken more efforts towards the performance improvement of their vehicles. OEMs take efforts to make cars compliant with the rigorous regulatory requirements. This leads automakers to install a greater number of electronic components in vehicles.
The automotive sector moves towards compact, lightweight, and intelligent electrification. This contributed to the increasing growth of automotive electronics. The electronic suppliers are the key suppliers in the automotive industry for different applications like electric vehicles, ADAS and safety, connected vehicles, and driverless cars that are expected to grow at a fast pace. The growth of these automotive megatrends contributed to the growth rate of the automotive data loggers market that increases complexity in the vehicles that further resulted in a high level of testing, diagnosis, and maintenance of vehicles.
The demand for vehicles is rising daily due to the increasing safety and security in vehicles. The rising demand for autonomous and electric vehicles needs more security components, provided by the data logger market. Thus, increasing vehicle production results in the growth of the automotive data loggers market in the nearby future. Safety updates are also updating vehicles due to the increasing technological innovations in the industry. Data logger offers safety measures by providing RPM and temperature updates of the vehicle. Hence, these features are estimated to boost the growth of the automotive data logger market during the forecast period.
Based on Application, the market is segmented into Post-Sales and Pre-Sales. Post- Sales Application is further segmented into ADAS & Safety, Fleet Management, Automotive Insurance and Others. Based on Connection Type, the market is segmented into USB & SD Card and Bluetooth/Wi-Fi. Based on Channels, the market is segmented into CAN & CAN FD, LIN, Ethernet and Others. Based on End User, the market is segmented into Service Stations & Government Bodies and OEM's. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: Automotive Data Logger Market in LAMEA is expected to register a CAGR of 7.9% during the forecast period (2020-2026)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Samsung Electronics Co., Ltd. (Samsung Group), National Instruments Corporation, Continental AG, Aptiv PLC, Xilinx, Inc., Moog, Inc., Horiba Ltd., Racelogic Ltd., Autel Intelligent Technology Corp., Ltd. and TTTech Group.
By Application
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Companies Profiled
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