Global Automotive Event Data Recorder Market 2021-2025 The analyst has been monitoring the automotive event data recorder market and it is poised to grow by $ 1. 14 bn during 2021-2025, progressing at a CAGR of over 5% during the forecast period.
New York, June 30, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Automotive Event Data Recorder Market 2021-2025" - https://www.reportlinker.com/p04611128/?utm_source=GNW
Our report on automotive event data recorder market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising number of road accidents across the world and favorable regulatory environment supporting EDR adoption. In addition, the rising number of road accidents across the world is anticipated to boost the growth of the market as well.
The automotive event data recorder market analysis includes application segment and geographic landscape.
The automotive event data recorder market is segmented as below:
• Passenger cars
• Commercial vehicles
• North America
• South America
This study identifies the insurance premium discounts for vehicles with EDRsas one of the prime reasons driving the automotive event data recorder market growth during the next few years.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on automotive event data recorder market covers the following areas:
• Automotive event data recorder market sizing
• Automotive event data recorder market forecast
• Automotive event data recorder market industry analysis
This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive event data recorder market vendors that include Aptiv Plc, Continental AG, DENSO Corp., Digital Ally Inc., Knorr Bremse AG, OCTO Group Spa, Robert Bosch GmbH, Squarell BV, Vacron, and Veoneer Inc. Also, the automotive event data recorder market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report: https://www.reportlinker.com/p04611128/?utm_source=GNW
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