Automotive Data Logger Market Generated $3,218 5 Million Revenue in 2020: P&S Intelligence prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Automotive Data Logger Market Analysis The global automotive data logger market will touch USD 5.75 billion at a 7.2% CAGR in the forecast period (2020- 2027),
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The global automotive data logger market is estimated to be USD 3.1 billion in 2020 and is projected to reach USD 4.4 billion by 2025, at a CAGR of 7% from 2020 to 2025.
The market growth is primarily driven by the growth in the complexity of electronic architecture in modern ICEs and electric vehicles because of the stringent emission regulations as well as the growing number of luxury vehicles and their embedded features. In such cases, a lot of effort goes into developing these advanced features, which require extensive use of data loggers.
ADAS & safety segment in post-sales application is estimated to be the fastest-growing segment of the automotive data logger market, in terms of value, by 2025
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ResearchAndMarkets.com s offering.
The global automotive data logger market is estimated to be USD 3.1 billion in 2020 and is projected to reach USD 4.4 billion by 2025, at a CAGR of 7% from 2020 to 2025.
The market growth is primarily driven by the growth in the complexity of electronic architecture in modern ICEs and electric vehicles because of the stringent emission regulations as well as the growing number of luxury vehicles and their embedded features. In such cases, a lot of effort goes into developing these advanced features, which require extensive use of data loggers.
ADAS & safety segment in post-sales application is estimated to be the fastest-growing segment of the automotive data logger market, in terms of value, by 2025