An EDR is a device installed in a vehicle for recording the operation of vehicle systems for a few seconds (close to 20 seconds) during the time of occurrence of an accident. The recordings are predominantly used for assessing the functioning and effectiveness of vehicle systems during and after accidents. It is imperative to note that neither can the data in EDRs be deleted nor can the EDR (also referred to as car's black box) be disabled.
Technavio’s analysts forecast the global automotive event data recorder to grow at a CAGR of 18.06% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global automotive event data recorder market for 2017-2021. To calculate the market size, the report considers the penetration of EDRs in the overall passenger cars market.
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Technavio's report, Global Automotive Event Data Recorder Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors - Bosch - Digital Ally - Octo Telematics
Market driver - Judiciary needs - EDRs are one of the most reliable sources of evidence for road crash cases - For a full, detailed list, view our report
Market challenger - Breach of privacy - For a full, detailed list, view our report
Market trend - Drive for collision avoidance system may have a positive impact on VORAD Collision Warning System - an extension of EDR systems - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2021 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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