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Automotive Event Data Recorder (EDR) Market Report and Forecast 2024-2032

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    Report

  • 205 Pages
  • December 2023
  • Region: Global
  • Expert Market Research
  • ID: 5921481
According to the report, the global automotive event data recorder (EDR) market is projected to grow at a CAGR of 6.10% between 2024 and 2032 reaching a value of approximate USD 9.19 billion by 2032. Aided by the mounting emphasis on road safety and the surge in vehicle automation, the market is expected to grow significantly by 2032.

An automotive event data recorder, commonly referred to as an EDR, is a device installed in vehicles that captures vital information moments before, during, and after a vehicular accident. This technology is akin to the “black box” found in aircraft, though tailored for automotive applications. It plays a pivotal role in accident reconstruction, insurance claims, and research related to improving vehicular safety. Besides its primary function of recording crash data, EDRs provide insights into driving patterns, thereby contributing to the development of advanced driver assistance systems (ADAS).

One of the primary accelerators for the automotive event data recorder (EDR) market growth is the increasing global focus on road safety. Governments and regulatory bodies worldwide have either already mandated the installation of EDRs in new vehicles or are actively considering it. This has resulted from a growing understanding of the role EDRs play in understanding accident dynamics, thereby informing safer vehicle design and more effective road safety regulations.

As per the automotive event data recorder (EDR) market analysis, the rapid advancements in vehicle automation and the impending reality of self-driving cars have further amplified the importance of EDRs. As vehicles become increasingly automated, the necessity for detailed performance data becomes paramount, not only for safety considerations but also for refining algorithms and systems that power autonomous vehicles.

Furthermore, insurance companies are finding immense value in EDRs. The ability to access objective data regarding an accident can streamline the claim process, provide clarity in situations of dispute, and potentially lead to more accurate insurance premium calculations based on driving behavior.

The rise in shared mobility solutions, such as ride-hailing and car-sharing services, has also added momentum to the automotive event data recorder (EDR) market growth. Operators of these platforms are keen on ensuring passenger safety and optimising fleet management. EDRs provide the dual benefit of improving safety protocols while also delivering insights into vehicle usage patterns.

In the realm of research and development, EDRs are proving invaluable. Universities, automotive companies, and independent researchers use the data from these devices to study various aspects of driving, from human behaviour to the effectiveness of new safety features. This research directly feeds into the development of safer vehicles and smarter traffic management solutions.

Market Segmentation

The market can be divided based on application and region.

Market Breakup by Application

  • Passenger Cars
  • Commercial Vehicles

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global automotive event data recorder (EDR) market. Some of the major players explored in the report are as follows:
  • Veoneer Inc.
  • Aptiv Plc
  • Robert Bosch GmbH
  • Continental Engineering Services GmbH
  • DENSO Corporation
  • Others

Table of Contents

1 Preface2 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 Opportunities and Challenges in the Market
8 Global Automotive Event Data Recorder (EDR) Market Analysis
8.1 Key Industry Highlights
8.2 Global Automotive Event Data Recorder (EDR) Historical Market (2018-2023)
8.3 Global Automotive Event Data Recorder (EDR) Market Forecast (2024-2032)
8.4 Global Automotive Event Data Recorder (EDR) Market by Application
8.4.1 Passenger Cars
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Commercial Vehicles
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Automotive Event Data Recorder (EDR) Market by Region
8.5.1 North America
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Europe
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Asia Pacific
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Latin America
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Middle East and Africa
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
9 North America Automotive Event Data Recorder Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Automotive Event Data Recorder Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Automotive Event Data Recorder Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.2 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Automotive Event Data Recorder Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Automotive Event Data Recorder Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyer's Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Veoneer Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Aptiv Plc
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Robert Bosch GmbH
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Continental Engineering Services GmbH
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 DENSO Corporation
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Automotive Event Data Recorder (EDR) Market: Key Industry Highlights, 2018 and 2032
2. Global Automotive Event Data Recorder (EDR) Historical Market: Breakup by Application (USD Million), 2018-2023
3. Global Automotive Event Data Recorder (EDR) Market Forecast: Breakup by Application (USD Million), 2024-2032
4. Global Automotive Event Data Recorder (EDR) Historical Market: Breakup by Region (USD Million), 2018-2023
5. Global Automotive Event Data Recorder (EDR) Market Forecast: Breakup by Region (USD Million), 2024-2032
6. North America Automotive Event Data Recorder (EDR) Historical Market: Breakup by Country (USD Million), 2018-2023
7. North America Automotive Event Data Recorder (EDR) Market Forecast: Breakup by Country (USD Million), 2024-2032
8. Europe Automotive Event Data Recorder (EDR) Historical Market: Breakup by Country (USD Million), 2018-2023
9. Europe Automotive Event Data Recorder (EDR) Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Asia Pacific Automotive Event Data Recorder (EDR) Historical Market: Breakup by Country (USD Million), 2018-2023
11. Asia Pacific Automotive Event Data Recorder (EDR) Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Latin America Automotive Event Data Recorder (EDR) Historical Market: Breakup by Country (USD Million), 2018-2023
13. Latin America Automotive Event Data Recorder (EDR) Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Middle East and Africa Automotive Event Data Recorder (EDR) Historical Market: Breakup by Country (USD Million), 2018-2023
15. Middle East and Africa Automotive Event Data Recorder (EDR) Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Global Automotive Event Data Recorder (EDR) Market Structure

Companies Mentioned

  • Veoneer Inc. (VNE (NYSE))
  • Continental Engineering Services GmbH
  • Aptiv Plc
  • DENSO Corp.
  • Robert Bosch GmbH

Methodology

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