Automotive Event Data Recorders Market size was valued at USD 1.5 Billion in 2024 and is projected to reach USD 3.2 Billion by 2033, exhibiting a CAGR of 9.2% from 2026 to 2033.
In 2022, the global Automotive Event Data Recorder (EDR) market was valued at approximately USD 1.5 billion and is projected to reach around USD 3.2 billion by 2030, growing at a compound annual growth rate (CAGR) of 10.3% from 2024 to 2030. This growth is primarily driven by increasing consumer demand for advanced safety systems and stricter regulations regarding vehicle safety. Governments worldwide are mandating the installation of these devices in new vehicles, further accelerating the adoption of EDRs. For instance, the European Union has mandated the installation of EDRs in all new passenger cars and light commercial vehicles by 2026, which is expected to spur market development in Europe. Similarly, in the United States, over 95% of new vehicles are equipped with some form of event data recorder, signaling the markets expanding reach. Regionally, North America holds a significant share of the EDR market, primarily due to stringent safety regulations and a high rate of technology adoption. Europe follows closely, driven by similar regulatory frameworks and the presence of major automotive manufacturers. The Asia Pacific region, particularly China and Japan, is expected to witness the fastest growth, fueled by increasing vehicle production and the adoption of advanced safety features. In 2023, Asia Pacific dominated the global automotive event data recorder market with a major share of around 29%. Latin America and the Middle East & Africa also present growth opportunities, albeit at a slower pace compared to other regions.
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Octo Telematics
Shenzhen Relee Electronics & Technology
Digital Ally
Zetronix
BlackVue
Bosch
SZDOME
VACRON
Cansonic
Garmin
Incredisonic
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Automotive Event Data Recorders Market
Standalone Event Data Recorders (EDR)
Integrated Event Data Recorders (EDR)
Passenger Vehicles
Commercial Vehicles
Electric Vehicles
Data Acquisition System
Sensor Systems
Memory Storage System
Communication Systems
Crash & Collision Detection
Driver Behavior Monitoring
Insurance & Telematics
Vehicle Maintenance & Diagnostics
Automobile Manufacturers
Insurance Companies
Fleet Management Services
Law Enforcement Agencies
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Automotive Event Data Recorders Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Automotive Event Data Recorders Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Automotive Event Data Recorders Market, By Type
6. Global Automotive Event Data Recorders Market, By Application
7. Global Automotive Event Data Recorders Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Automotive Event Data Recorders Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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