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Global Automotive Event Data Recorder Market: By Application: Passenger Cars, Commercial Vehicles; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; SWOT Analysis; Porter’s Five Forces Analysis; Competitive Landscape; Industry Events and Developments

Global Automotive Event Data Recorder (EDR) Market Outlook

The automotive event data recorder (EDR) market is projected to grow by USD 1.64 billion at a CAGR of 6.10% during the forecast period of 2021-2026.

 

The industry for automotive insurance is changing the automotive market parallelly. The increase in efforts by automotive OEMs to develop and test autonomous vehicles across different regions will boost the demand for the product during the forecast period. Thus, with the increase in the development of autonomous vehicles, the market for automotive event data recorder (EDR) is also increasing.

 

Global Automotive Event Data Recorder Market

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Properties and Applications

An event data recorder (EDR), sometimes referred to as an automotive “black box,” is a tool installed in automobiles to record information associated with car crashes or accidents. Automotive EDRs continuously record critical information of vehicles and track driving behaviour to produce evidence in case of accidents.

 

Global Automotive Event Data Recorder (EDR) Market By Application

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Based on its application, the industry for automotive event data recorder (EDR) can be segmented as:

  • Passenger Cars
  • Commercial Vehicles

The EMR report looks into the regional automotive event data recorder markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Global Automotive Event Data Recorder (EDR) Market By Region

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Market Analysis

Vehicle insurance companies adopt a usage-based insurance model that calculates the insurance premium based on driving behaviour. Insurance suppliers use the data collected from vehicle-installed telematics devices as proof in the event of accidents, which is increasing the demand for automotive EDRs. Several insurance companies offer discounts on their vehicles to owners who adopt EDRs. The increased funding and investments in developing autonomous technologies are further aiding the market. These factors are anticipated to drive the development of the global automotive event data recorder (EDR) industry over the forecast period.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global automotive event data recorder (EDR) market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Veoneer Inc. (NYSE: VNE)
  • Knorr-Bremse AG
  • Continental AG 
  • Aptiv Plc
  • DENSO Corp.
  • Robert Bosch GmbH
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Application, Region
Breakup by Application Passenger Cars, Commercial Vehicles
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Veoneer Inc. (VNE (NYSE)), Knorr-Bremse AG, Continental AG (CON (ETR)), Aptiv Plc, DENSO Corp., Robert Bosch GmbH, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
    1.1    Objectives of the Study
        1.1.1    Research Objective
        1.1.2    Key Findings of the Report
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Assumptions
    2.5    Market Models
3    Introduction
    3.1    Market Outlook
    3.2    Market Scope and Segmentation
    3.3    Additional Insights
4    Executive Summary
    4.1    Key Market Developments
    4.2    Market Analysis
    4.3    Key Players
    4.4    Cost Structure
    4.5    Market Revenue and Growth
5    Market Dynamics
    5.1    Market Driver Analysis
    5.2    Market Restraint Analysis
    5.3    Industry Challenges
    5.4    Industry Opportunities
6    Global Automotive Event Data Recorder (EDR) Market Analysis
    6.1    Global Automotive Event Data Recorder (EDR) Market (2016-2020) & Forecast (2021-2026)
    6.2    Global Automotive Event Data Recorder (EDR) Market Breakup by Application
        6.2.1    Passenger Cars
        6.2.2    Commercial Vehicles
    6.3    Global Automotive Event Data Recorder (EDR) Market Breakup by Application: Historical Market (2016-2020) & Forecast (2021-2026)
        6.3.1    Passenger Cars 
        6.3.2    Commercial Vehicles  
    6.4    Global Automotive Event Data Recorder (EDR) Market by Region
        6.4.1    North America
            6.4.1.1    United States of America
            6.4.1.2    Canada
        6.4.2    Europe
            6.4.2.1    Germany
            6.4.2.2    United Kingdom
            6.4.2.3    France
            6.4.2.4    Italy
            6.4.2.5    Others
        6.4.3    Asia Pacific
            6.4.3.1    China
            6.4.3.2    Japan
            6.4.3.3    India
            6.4.3.4    ASEAN
            6.4.3.5    Others
        6.4.4    Latin America
            6.4.4.1    Brazil
            6.4.4.2    Argentina
            6.4.4.3    Mexico
            6.4.4.4    Others
        6.4.5    Middle East & Africa
            6.4.5.1    Saudi Arabia
            6.4.5.2    United Arab Emirates
            6.4.5.3    Nigeria
            6.4.5.4    South Africa
            6.4.5.5    Others
    6.5    Global Automotive Event Data Recorder (EDR) Market by Region: Historical Market (2016-2020) & Forecast (2021-2026)
        6.5.1    North America
            6.5.1.1    United States of America
            6.5.1.2    Canada
        6.5.2    Europe
            6.5.2.1    Germany
            6.5.2.2    United Kingdom
            6.5.2.3    France
            6.5.2.4    Italy
            6.5.2.5    Others
        6.5.3    Asia Pacific
            6.5.3.1    China
            6.5.3.2    Japan
            6.5.3.3    India
            6.5.3.4    ASEAN
            6.5.3.5    Others
        6.5.4    Latin America
            6.5.4.1    Brazil
            6.5.4.2    Argentina
            6.5.4.3    Mexico
            6.5.4.4    Others
        6.5.5    Middle East & Africa
            6.5.5.1    Saudi Arabia
            6.5.5.2    United Arab Emirates
            6.5.5.3    Nigeria
            6.5.5.4    South Africa
            6.5.5.5    Others
7    SWOT Analysis
    7.1    Overview
    7.2    Strengths
    7.3    Weaknesses
    7.4    Opportunities
    7.5    Threats
8    Porter’s Five Forces Analysis
    8.1    Overview
    8.2    Buyer’s Power
    8.3    Supplier’s Power
    8.4    New Entrants
    8.5    Degree of Rivalry
    8.6    Substitutes
9    Competitive Landscape & Supplier Analysis
    9.1     Veoneer Inc. (VNE (NYSE))
        9.1.1    Company Overview
        9.1.2    Financial Analysis
    9.2    Knorr-Bremse AG
        9.2.1    Company Overview
        9.2.2    Financial Analysis
    9.3     Continental AG (CON (ETR))
        9.3.1    Company Overview
        9.3.2    Financial Analysis
    9.4    Aptiv Plc
        9.4.1    Company Overview
        9.4.2    Financial Analysis
    9.5     DENSO Corp.
        9.5.1    Company Overview
        9.5.2    Financial Analysis
    9.6     Robert Bosch GmbH
        9.6.1    Company Overview
        9.6.2    Financial Analysis
    9.7    Others
10    Industry Events and Developments

Key Questions Answered in the Report

The global automotive event data recorder (EDR) market is projected to grow at a CAGR of 6.10% between 2021 and 2026.

The major drivers of the industry, such as the growing demand for EDRs in automobiles with increased adoption of vehicle insurance, growing disposable incomes, and favourable government initiatives, are expected to aid the market growth.

The growing technological advancements and the increasing demand for autonomous vehicles are the key market trends guiding the growth of the industry.

The major regional markets are North America, Europe, the Asia Pacific, Latin America and the Middle East and Africa.

Passenger cars and commercial vehicles are the leading applications of automotive event data recorder (EDR) in the industry.

The major players in the industry are Veoneer Inc., Knorr-Bremse AG, Continental AG, Aptiv Plc, DENSO Corp., and Robert Bosch GmbH, among others.

Analyst Review

The global automotive event data recorder (EDR) market is being driven by the rising demand for automotive EDR from vehicle insurance firms and increased government initiatives for public safety. Aided by the technological advancements, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 6.10%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on applications, the industry can be segmented into passenger cars and commercial vehicles. The major regional markets for automotive event data recorder (EDR) are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Veoneer Inc., Knorr-Bremse AG, Continental AG, Aptiv Plc, DENSO Corp., and Robert Bosch GmbH, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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