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Global Automotive Event Data Recorder Market: By Application: Passenger Cars, Commercial Vehicles; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, EMR’s Key Indicators for Demand; 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 2022-2027.
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.
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Market Segmentation
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.
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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.
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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)
- Continental Engineering Services GmbH
- Aptiv Plc
- DENSO Corporation
- 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 | 2017-2021 |
| Forecast Period | 2022-2027 |
| 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, 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)), Continental Engineering Services GmbH, 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
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Automotive Event Data Recorder (EDR) Market Analysis
8.1 Key Industry Highlights
8.2 Global Automotive Event Data Recorder (EDR) Historical Market (2017-2021)
8.3 Global Automotive Event Data Recorder (EDR) Market Forecast (2022-2027)
8.4 Global Automotive Event Data Recorder (EDR) Market by Application
8.4.1 Passenger Cars
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Commercial Vehicles
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.5 Global Automotive Event Data Recorder (EDR) Market by Region
8.5.1 Market Share
8.5.1.1 North America
8.5.1.2 Europe
8.5.1.3 Asia Pacific
8.5.1.4 Latin America
8.5.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Veoneer Inc.
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Aptiv Plc
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Robert Bosch GmbH
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Continental Engineering Services GmbH
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 DENSO Corporation
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Automotive Event Data Recorder (EDR) Market: Key Industry Highlights, 2017 and 2027
2. Global Automotive Event Data Recorder (EDR) Historical Market: Breakup by Application (USD Million), 2017-2021
3. Global Automotive Event Data Recorder (EDR) Market Forecast: Breakup by Application (USD Million), 2022-2027
4. Global Automotive Event Data Recorder (EDR) Historical Market: Breakup by Region (USD Million), 2017-2021
5. Global Automotive Event Data Recorder (EDR) Market Forecast: Breakup by Region (USD Million), 2022-2027
6. North America Automotive Event Data Recorder (EDR) Historical Market: Breakup by Country (USD Million), 2017-2021
7. North America Automotive Event Data Recorder (EDR) Market Forecast: Breakup by Country (USD Million), 2022-2027
8. Europe Automotive Event Data Recorder (EDR) Historical Market: Breakup by Country (USD Million), 2017-2021
9. Europe Automotive Event Data Recorder (EDR) Market Forecast: Breakup by Country (USD Million), 2022-2027
10. Asia Pacific Automotive Event Data Recorder (EDR) Historical Market: Breakup by Country (USD Million), 2017-2021
11. Asia Pacific Automotive Event Data Recorder (EDR) Market Forecast: Breakup by Country (USD Million), 2022-2027
12. Latin America Automotive Event Data Recorder (EDR) Historical Market: Breakup by Country (USD Million), 2017-2021
13. Latin America Automotive Event Data Recorder (EDR) Market Forecast: Breakup by Country (USD Million), 2022-2027
14. Middle East and Africa Automotive Event Data Recorder (EDR) Historical Market: Breakup by Country (USD Million), 2017-2021
15. Middle East and Africa Automotive Event Data Recorder (EDR) Market Forecast: Breakup by Country (USD Million), 2022-2027
16. Global Automotive Event Data Recorder (EDR) Market Structure
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 2022 and 2027.
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. (VNE (NYSE)), Continental Engineering Services GmbH, Aptiv Plc, DENSO Corp., Robert Bosch GmbH, 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 2022-2027, 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. (VNE (NYSE)), Continental Engineering Services GmbH, Aptiv Plc, DENSO Corp., Robert Bosch GmbH, 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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