Latest news with #AdvancedDriverAssistance
Business Insider
6 days ago
- Automotive
- Business Insider
Another New Recall Does Little Damage to Ford Stock (NYSE:F)
If the news of recalls at legacy automaker Ford (F) is starting to get a bit tiresome, then you are seeing perhaps the biggest problem in its full bloom. Another recall landed at Ford, though this one might be an easy fix. The news meant little to shareholders, who gave Ford a hefty 3.5% boost in Wednesday afternoon's trading. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. The latest recall is on the rear-view camera, reports note. A software defect in the camera can cause it to fail, which increases the risk of a vehicle crash, and potentially, injury from there. Anyone who has used a rear-view camera recently, and knows what it is like to drive without one—particularly in a crowded parking lot—knows what kind of utility such a camera can offer. Ford noted that the camera could malfunction in one of two ways: the camera could display a blank image outright, or the last image might remain on the display even after backing up is complete. The fix for such a problem should be simple, however. Dealerships will update the camera's software with the appropriate fix, once available. Those whose vehicles are impacted will receive notice in a practice that Ford has had a lot of opportunity to perfect these days. Switching Lanes Meanwhile, BlueCruise—Ford's Level 2 hands-free driving system —is getting an update as well, and delivering some noteworthy new features. The new system can actually perform automated lane changes, which allows it to pass slower-moving vehicles and also get out of the way of faster-moving vehicles coming up from behind. There are some revisions to the user interface set to come in as well, which will offer up reasons why BlueCruise made the moves it did. For instance, it can notify a driver why hands-free driving was shut down. There is, unfortunately, bad news that goes along with this. The new version of BlueCruise, version 1.5, features upgraded Advanced Driver Assistance (ADAS) hardware. Thus, users of older BlueCruise systems will not be able to get the update as their hardware will prove incompatible. Is Ford Stock a Good Buy Right Now? Turning to Wall Street, analysts have a Hold consensus rating on F stock based on two Buys, 12 Holds and three Sells assigned in the past three months, as indicated by the graphic below. After an 11.81% loss in its share price over the past year, the average F price target of $9.71 per share implies 17.33% downside risk.
Yahoo
20-06-2025
- Automotive
- Yahoo
Automotive Systems Integration Market is expected to reach USD 80 billion by 2034, growing at a 6.1% CAGR
Automotive Systems Integration Market Outlook 2025–2034 Luton, Bedfordshire, United Kingdom, June 20, 2025 (GLOBE NEWSWIRE) -- The global automotive systems integration market is on a transformative trajectory, projected to reach approximately USD 45 billion in 2024. Driven by increasing consumer demand for smart technologies and enhanced vehicle connectivity, the market is expected to grow at a compound annual growth rate (CAGR) of 6.1%, culminating in a valuation of nearly USD 80 billion by 2034. Download PDF Brochure: Key Market Drivers The market's expansion is fueled by rising integration of advanced driver-assistance systems (ADAS) and the proliferation of electric and autonomous vehicles, both of which require sophisticated systems integration for seamless functionality. Additionally, demand for software development, cybersecurity, and data analytics services continues to rise as vehicles become increasingly complex ecosystems combining multiple components and services. Market Challenges Despite its potential, the market faces hurdles such as supply chain disruptions, stringent regulatory compliance demands, and rapid technological advancements that require constant adaptation. The shift towards electric mobility also necessitates robust infrastructure support, which may delay widespread adoption in certain regions. Growth Opportunities Significant growth prospects exist in areas such as connected vehicle analytics, mobility-as-a-service platforms, and cybersecurity solutions tailored for automotive applications. As consumer preferences shift towards eco-friendly and tech-equipped vehicles, manufacturers and service providers have numerous opportunities to innovate and capture market share. Market Segmentation By Application: Vehicle Management Systems Infotainment Systems Advanced Driver Assistance Systems (ADAS) Vehicle Communication Systems Traffic Management Systems By Vehicle Type: Passenger Cars Commercial Vehicles Two-Wheelers Electric Vehicles (EVs) By Technology: Hardware-based Solutions Software-based Solutions Hybrid Solutions By Service Type: Consulting Services Implementation Services Maintenance & Support Services By End User: Original Equipment Manufacturers (OEMs) Aftermarket Providers Fleet Management Companies By Market Type: B2B B2C By Distribution Channel: Direct Sales Online Sales Distributor Sales Browse full Report - Regional Insights North America currently holds a dominant position, accounting for about 35% of global market revenue. Europe and the Asia-Pacific regions follow, with the latter projected to experience the fastest CAGR of 7% due to rapid urbanization and increasing demand for smart automotive technologies in countries like China and India. Competitive Landscape Key market players include Continental AG, Bosch Mobility Solutions, Denso Corporation, Delphi Technologies, Harman International, Valeo SA, Aptiv PLC, ZF Friedrichshafen AG, Magna International, NXP Semiconductors, Nvidia Corporation, Tesla Inc., Rivian Automotive, Tata Elxsi, and Wabco Holdings. Recent Developments Continental AG: Launched next-generation ADAS enhancing vehicle automation and safety. Bosch Mobility Solutions: Partnered with an EV startup to co-develop powertrain technologies. Tata Elxsi: Introduced an end-to-end Connected Vehicle Analytics platform. Valeo SA: Merged with a European sensor technology firm to strengthen its position in automotive sensors. Nvidia Corporation: Acquired an AI-focused automotive software company to boost its machine learning capabilities. This report is also available in the following languages : Japanese (自動車システム統合専門家市場), Korean (자동차 시스템 통합 전문가 시장), Chinese (汽车系统集成专家市场), French (Marché des experts en intégration de systèmes automobiles), German (Markt für Experten für die Integration von Automobilsystemen), and Italian (Mercato degli esperti di integrazione dei sistemi automobilistici), etc. Request Sample Pages: More Research Finding – Automotive Gateway Market The global automotive gateway market is valued at approximately $5.2 billion in 2024. This sector is projected to experience significant expansion, reaching an estimated $12.4 billion by 2034, reflecting a compound annual growth rate (CAGR) of around 9.0% during the forecast period of 2025–2034. V2X Cybersecurity Market The V2X (Vehicle-to-Everything) cybersecurity market is valued at approximately $1.5 billion, driven by the increasing adoption of connected vehicles and the critical need for protecting automotive ecosystems from cyber threats. With the proliferation of Advanced Driver Assistance Systems (ADAS) and the push towards fully autonomous vehicles, the market is positioned for significant growth. By 2034, the market value is projected to reach around $6.7 billion. Automotive Intrusion Detection Systems Market The global automotive intrusion detection systems market is valued at approximately $3.8 billion, reflecting robust growth driven by increasing concerns over vehicle security and technological advancements. By 2034, the market is projected to reach nearly $9.5 billion, indicating significant market potential over the next decade. This trajectory corresponds to a Compound Annual Growth Rate (CAGR) of 9.5% from 2025 to 2034. Battery Management Systems Market The global Battery Management Systems (BMS) market is valued at approximately $10.5 billion in 2024, driven by the rising adoption of electric vehicles (EVs), renewable energy storage, and consumer electronics advancements. The market is projected to reach around $25 billion by 2034, reflecting an anticipated Compound Annual Growth Rate (CAGR) of approximately 9.1% during the forecast period from 2025 to 2034. Solid-State Batteries Market The solid-state battery market is poised for significant growth, with a projected market value of approximately $5.4 billion in 2024. This momentum is expected to accelerate, leading to a forecasted market value of around $18.5 billion by 2034, reflecting a robust Compound Annual Growth Rate (CAGR) of 12.9% during the period of 2025 to 2034. Connected Vehicle AI Solutions Market The global Connected Vehicle AI Solutions market is valued at approximately $8.4 billion in 2024, with projections indicating substantial growth, reaching about $27 billion by 2034. This represents a robust Compound Annual Growth Rate (CAGR) of around 13% for the forecast period from 2025 to 2034. OEM Autonomous Tech Partners Market The global OEM autonomous technology market is projected to reach a value of approximately $26 billion in 2024, driven by rapid advancements in artificial intelligence, machine learning, and sensor technologies. By 2034, the market is anticipated to expand significantly, reaching an estimated $92 billion, which represents a compound annual growth rate (CAGR) of 13.5% over the forecast period from 2025 to 2034. Tier-1 Automotive Suppliers Market The Tier-1 automotive supplier market is projected to be valued at approximately $500 billion in 2024, driven by increasing global vehicle production, electrification trends, and innovations in connected vehicle technologies. The market is expected to expand at a compound annual growth rate (CAGR) of around 7% between 2025 and 2034, potentially reaching a valuation of $1 trillion by the end of the forecast period. Future-Ready Automotive Compute Systems Market The global market for future-ready automotive compute systems is valued at approximately $58 billion in 2024, with expectations to reach around $112 billion by 2034. This growth represents a robust Compound Annual Growth Rate (CAGR) of about 6.8% during the forecast period from 2025 to 2034. Automotive Electronics Market The automotive electronics market is projected to reach a value of approximately $400 billion in 2024, with robust growth anticipated over the next decade. By 2034, the market is expected to expand to around $680 billion, reflecting a Compound Annual Growth Rate (CAGR) of approximately 5.5% during the forecast period from 2025 to 2034. Innovative AI-Powered Interior Cabin Solutions Market The AI-powered interior cabin solutions market is poised for significant growth, with an estimated market value of approximately $3.2 billion in 2024. Forecasts suggest this figure could escalate to around $8.9 billion by 2034, reflecting a Compound Annual Growth Rate (CAGR) of 10.3% during the forecast period from 2025 to 2034. DriveOS Safety-Certified Platform Market The global market for advanced safety technologies in the automotive sector is valued at approximately $45 billion in 2024. Projections indicate a robust growth trajectory, with the market expected to reach around $100 billion by 2034. This represents a Compound Annual Growth Rate (CAGR) of about 8.4% from 2025 to 2034. Vehicle Sensor Fusion Technologies Market The global vehicle sensor fusion technologies market is projected to reach approximately $18.2 billion in 2024, driven by the increasing demand for advanced driver-assistance systems (ADAS) and the growing trend towards electrification in the automotive sector. For the forecast period of 2025 to 2034, the market is expected to expand at a robust Compound Annual Growth Rate (CAGR) of around 14.5%, potentially reaching a value of $73.5 billion by 2034. Magna ADAS Development Services Market The ADAS (Advanced Driver-Assistance Systems) market is projected to reach approximately $41 billion in 2024, driven by increasing demand for vehicle safety and emerging autonomous driving technologies. The market is positioned for substantial growth, with an anticipated value of around $95 billion by 2034, reflecting a compound annual growth rate (CAGR) of 8.8% during the forecast period (2025–2034). Automotive Deep Learning Solutions Market The automotive deep learning solutions market is valued at approximately $3.1 billion, driven by advancements in artificial intelligence and increased adoption of autonomous driving technologies. The market is projected to reach around $9.2 billion by 2034, reflecting a robust growth trajectory. Parking Assistance Systems Market The global market for Parking Assistance Systems is projected to reach approximately $6 billion in 2024, driven by rising consumer demand for advanced driver-assistance systems (ADAS) and the increasing emphasis on vehicle safety features. As urban areas become more congested, the need for efficient parking solutions is paramount. The market is expected to grow at a CAGR of around 10% from 2025 to 2034, indicating strong future expansion. Lane Departure Warning System Market The global Lane Departure Warning System (LDWS) market is anticipated to reach a value of approximately $3.2 billion in 2024, driven by increasing concerns over road safety and advancements in vehicle technology. The market is projected to expand significantly, estimating a compound annual growth rate (CAGR) of around 10.5% from 2025 to 2034, reaching an estimated value of $9.6 billion by 2034. Chip Manufacturing Market The global chip manufacturing market is valued at approximately $500 billion in 2024. The market is projected to reach around $1 trillion by 2034, driven by the escalating demand for advanced semiconductors across various sectors, including automotive, consumer electronics, and artificial intelligence. This translates to a robust Compound Annual Growth Rate (CAGR) of 7% from 2025 to 2034. Trade Wars Impact on Semiconductors Market The semiconductor market is valued at an estimated $600 billion, driven by robust demand from sectors such as consumer electronics, automotive, and cloud computing. The market is projected to reach approximately $1 trillion by 2034, indicating a CAGR of around 6.5% from 2025 to 2034. Key trends influencing this growth include the rapid expansion of 5G technology, the rise of artificial intelligence, and increased investments in electric vehicles. CONTACT: Irfan Tamboli (Head of Sales) Phone: + 1704 266 3234 Email: sales@ in to access your portfolio
The Advertiser
20-05-2025
- Automotive
- The Advertiser
Honda softens EV goals to focus more on hybrids
Honda has announced it will introduce 13 new hybrid electric vehicles (HEVs) using a lower cost, more fuel-efficient next-generation platform as it ditches its previous electric vehicle (EV) sales targets. The Honda business briefing held in Tokyo, Japan yesterday saw the automaker admit it won't achieve its previous goal of 30 per cent of sales being EVs by 2030 despite committing to investing more than 10 trillion yen (A$108 billion) in EV tech last year. Instead, Honda confirmed plans for a new generation of more affordable dual-motor 'e:HEV' hybrid technology – with renewed investment in internal combustion engines. The tech will use a new lighter all-wheel drive platform across small, medium and large vehicles to go into production from 2027. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. The automaker said the tech – which will first be introduced in Japan and North America markets – will be more affordable with lower cost batteries and electric motors. Honda is also aiming for a 10 per cent improvement in fuel efficiency for the new e:HEV tech. Honda CEO Toshihiro Mibe said the brand aims to sell 2.2 million HEVs out of a total of 'more than 3.6 million' Honda vehicles annually by 2030. In 2024 the automaker's total global production was 3.7 million vehicles. The automaker will look to address slow sales in China with a partnership to develop next-level Advanced Driver Assistance Systems (ADAS) with local start-up Momenta, enabling it to tune ADAS for specific markets. Despite the move away from its electric car sales targets, Honda said it remains committed to its previously announced goal to be carbon-neutral by 2050. While it has invested heavily in fuel-cell technology, the automaker said battery-electric powertrains remain the best solution to achieve this, with plans for 'comprehensive EV supply chain' in Canada – despite headwinds from automotive tariffs applied by the US government. It plans to launch production versions of the Honda 0 Series electric range – the 'main pillar' of its electric model strategy – shown at the 2025 Consumer Electronics Show in Las Vegas. The first 0 Series model is scheduled to arrive in showrooms in 2026, with the lineup set to include a sedan and an SUV. Honda Australia is yet to confirm any EVs for local showrooms, although it currently offers five models with hybrid powertrains. Content originally sourced from: Honda has announced it will introduce 13 new hybrid electric vehicles (HEVs) using a lower cost, more fuel-efficient next-generation platform as it ditches its previous electric vehicle (EV) sales targets. The Honda business briefing held in Tokyo, Japan yesterday saw the automaker admit it won't achieve its previous goal of 30 per cent of sales being EVs by 2030 despite committing to investing more than 10 trillion yen (A$108 billion) in EV tech last year. Instead, Honda confirmed plans for a new generation of more affordable dual-motor 'e:HEV' hybrid technology – with renewed investment in internal combustion engines. The tech will use a new lighter all-wheel drive platform across small, medium and large vehicles to go into production from 2027. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. The automaker said the tech – which will first be introduced in Japan and North America markets – will be more affordable with lower cost batteries and electric motors. Honda is also aiming for a 10 per cent improvement in fuel efficiency for the new e:HEV tech. Honda CEO Toshihiro Mibe said the brand aims to sell 2.2 million HEVs out of a total of 'more than 3.6 million' Honda vehicles annually by 2030. In 2024 the automaker's total global production was 3.7 million vehicles. The automaker will look to address slow sales in China with a partnership to develop next-level Advanced Driver Assistance Systems (ADAS) with local start-up Momenta, enabling it to tune ADAS for specific markets. Despite the move away from its electric car sales targets, Honda said it remains committed to its previously announced goal to be carbon-neutral by 2050. While it has invested heavily in fuel-cell technology, the automaker said battery-electric powertrains remain the best solution to achieve this, with plans for 'comprehensive EV supply chain' in Canada – despite headwinds from automotive tariffs applied by the US government. It plans to launch production versions of the Honda 0 Series electric range – the 'main pillar' of its electric model strategy – shown at the 2025 Consumer Electronics Show in Las Vegas. The first 0 Series model is scheduled to arrive in showrooms in 2026, with the lineup set to include a sedan and an SUV. Honda Australia is yet to confirm any EVs for local showrooms, although it currently offers five models with hybrid powertrains. Content originally sourced from: Honda has announced it will introduce 13 new hybrid electric vehicles (HEVs) using a lower cost, more fuel-efficient next-generation platform as it ditches its previous electric vehicle (EV) sales targets. The Honda business briefing held in Tokyo, Japan yesterday saw the automaker admit it won't achieve its previous goal of 30 per cent of sales being EVs by 2030 despite committing to investing more than 10 trillion yen (A$108 billion) in EV tech last year. Instead, Honda confirmed plans for a new generation of more affordable dual-motor 'e:HEV' hybrid technology – with renewed investment in internal combustion engines. The tech will use a new lighter all-wheel drive platform across small, medium and large vehicles to go into production from 2027. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. The automaker said the tech – which will first be introduced in Japan and North America markets – will be more affordable with lower cost batteries and electric motors. Honda is also aiming for a 10 per cent improvement in fuel efficiency for the new e:HEV tech. Honda CEO Toshihiro Mibe said the brand aims to sell 2.2 million HEVs out of a total of 'more than 3.6 million' Honda vehicles annually by 2030. In 2024 the automaker's total global production was 3.7 million vehicles. The automaker will look to address slow sales in China with a partnership to develop next-level Advanced Driver Assistance Systems (ADAS) with local start-up Momenta, enabling it to tune ADAS for specific markets. Despite the move away from its electric car sales targets, Honda said it remains committed to its previously announced goal to be carbon-neutral by 2050. While it has invested heavily in fuel-cell technology, the automaker said battery-electric powertrains remain the best solution to achieve this, with plans for 'comprehensive EV supply chain' in Canada – despite headwinds from automotive tariffs applied by the US government. It plans to launch production versions of the Honda 0 Series electric range – the 'main pillar' of its electric model strategy – shown at the 2025 Consumer Electronics Show in Las Vegas. The first 0 Series model is scheduled to arrive in showrooms in 2026, with the lineup set to include a sedan and an SUV. Honda Australia is yet to confirm any EVs for local showrooms, although it currently offers five models with hybrid powertrains. Content originally sourced from: Honda has announced it will introduce 13 new hybrid electric vehicles (HEVs) using a lower cost, more fuel-efficient next-generation platform as it ditches its previous electric vehicle (EV) sales targets. The Honda business briefing held in Tokyo, Japan yesterday saw the automaker admit it won't achieve its previous goal of 30 per cent of sales being EVs by 2030 despite committing to investing more than 10 trillion yen (A$108 billion) in EV tech last year. Instead, Honda confirmed plans for a new generation of more affordable dual-motor 'e:HEV' hybrid technology – with renewed investment in internal combustion engines. The tech will use a new lighter all-wheel drive platform across small, medium and large vehicles to go into production from 2027. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. The automaker said the tech – which will first be introduced in Japan and North America markets – will be more affordable with lower cost batteries and electric motors. Honda is also aiming for a 10 per cent improvement in fuel efficiency for the new e:HEV tech. Honda CEO Toshihiro Mibe said the brand aims to sell 2.2 million HEVs out of a total of 'more than 3.6 million' Honda vehicles annually by 2030. In 2024 the automaker's total global production was 3.7 million vehicles. The automaker will look to address slow sales in China with a partnership to develop next-level Advanced Driver Assistance Systems (ADAS) with local start-up Momenta, enabling it to tune ADAS for specific markets. Despite the move away from its electric car sales targets, Honda said it remains committed to its previously announced goal to be carbon-neutral by 2050. While it has invested heavily in fuel-cell technology, the automaker said battery-electric powertrains remain the best solution to achieve this, with plans for 'comprehensive EV supply chain' in Canada – despite headwinds from automotive tariffs applied by the US government. It plans to launch production versions of the Honda 0 Series electric range – the 'main pillar' of its electric model strategy – shown at the 2025 Consumer Electronics Show in Las Vegas. The first 0 Series model is scheduled to arrive in showrooms in 2026, with the lineup set to include a sedan and an SUV. Honda Australia is yet to confirm any EVs for local showrooms, although it currently offers five models with hybrid powertrains. Content originally sourced from:
7NEWS
20-05-2025
- Automotive
- 7NEWS
Honda softens EV goals to focus more on hybrids
Honda has announced it will introduce 13 new hybrid electric vehicles (HEVs) using a lower cost, more fuel-efficient next-generation platform as it ditches its previous electric vehicle (EV) sales targets. The Honda business briefing held in Tokyo, Japan yesterday saw the automaker admit it won't achieve its previous goal of 30 per cent of sales being EVs by 2030 despite committing to investing more than 10 trillion yen (A$108 billion) in EV tech last year. Instead, Honda confirmed plans for a new generation of more affordable dual-motor 'e:HEV' hybrid technology – with renewed investment in internal combustion engines. The tech will use a new lighter all-wheel drive platform across small, medium and large vehicles to go into production from 2027. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. The automaker said the tech – which will first be introduced in Japan and North America markets – will be more affordable with lower cost batteries and electric motors. Honda is also aiming for a 10 per cent improvement in fuel efficiency for the new e:HEV tech. Honda CEO Toshihiro Mibe said the brand aims to sell 2.2 million HEVs out of a total of 'more than 3.6 million' Honda vehicles annually by 2030. In 2024 the automaker's total global production was 3.7 million vehicles. The automaker will look to address slow sales in China with a partnership to develop next-level Advanced Driver Assistance Systems (ADAS) with local start-up Momenta, enabling it to tune ADAS for specific markets. Despite the move away from its electric car sales targets, Honda said it remains committed to its previously announced goal to be carbon-neutral by 2050. While it has invested heavily in fuel-cell technology, the automaker said battery-electric powertrains remain the best solution to achieve this, with plans for 'comprehensive EV supply chain' in Canada – despite headwinds from automotive tariffs applied by the US government. It plans to launch production versions of the Honda 0 Series electric range – the 'main pillar' of its electric model strategy – shown at the 2025 Consumer Electronics Show in Las Vegas. The first 0 Series model is scheduled to arrive in showrooms in 2026, with the lineup set to include a sedan and an SUV.
Yahoo
15-05-2025
- Automotive
- Yahoo
Automotive Event Data Recorder Market to Reach $3.2 Billion by 2032, Growing at a CAGR of 6.8% from 2025--Exclusive Report by Meticulous Research®
Market Growth Driven by Rising Regulatory Requirements, Insurance Premium Discount Demand, Fleet Safety Management, and Integration with Advanced Driver Assistance Systems REDDING, Calif., May 15, 2025 /PRNewswire/ -- According to a new market research report titled "Automotive Event Data Recorder Market by Component (Hardware, Software, Services), Vehicle Type (Passenger, Commercial), End User (Automotive OEMs, Commercial Fleet Operators, Insurance Industry), Distribution Channel, and Geography - Global Forecast to 2032", the automotive event data recorder market is projected to reach $3.2 billion by 2032, up from an estimated $2.1 billion in 2025, growing at a CAGR of 6.8% during the forecast period. The growth of this market is mainly driven by rising regulatory requirements for vehicle safety systems, growing insurance premium discount demand, escalating emphasis on fleet safety management and operation efficiency, and integration of EDRs with Advanced Driver Assistance Systems (ADAS). For more comprehensive insights, download the FREE report sample: Key Market Drivers and Trends The automotive event data recorder market is experiencing significant growth due to increasing accident investigation requirements and the evolution of conventional EDR designs to meet the growing need for accuracy and functionality in vehicle safety applications. Cloud-connected systems and high-end features such as video and audio recording capabilities are gaining traction, while the market is being powered by the transition from simple crash recording to full vehicle monitoring and AI-supported data analysis and event detection, especially in automotive OEMs, commercial fleet operations, and insurance sectors. Latest trends in the automotive event data recorder market include integration with connected vehicle ecosystems and telematics, which is substantially enhancing data collection capabilities and real-time monitoring. The development of predictive analytics based on EDR data is creating new value propositions beyond traditional crash recording, while the advancement of EDR systems specifically geared to the development of autonomous vehicles is opening new applications by addressing the distinct monitoring and validation needs of autonomous technologies. Growth Opportunities The market presents substantial growth opportunities in integration with connected vehicle ecosystems and telematics, which is substantially enhancing data collection capabilities and real-time monitoring. Another major opportunity lies in the development of predictive analytics based on EDR data, creating new value propositions beyond traditional crash recording. Additionally, developing economies with enhanced road safety regulations are creating untapped regional markets for growth, making EDRs critical tools in overall safety efforts, while growing demand for value-added services through monetization of EDR data is generating recurring revenue streams for providers. Get Insightful Data on Regions, Market Segments, Customer Landscape, and Top Companies (Charts, Tables, Figures and More) - Market Challenges Despite strong growth prospects, harmonizing data protection with security and analytics demands continues to be one of the bigger issues, especially in privacy-savvy economies. Protection against unauthorized use remains a continuing risk to deployability, even as systems become more integrated. Additionally, differing cross-border regulations and compliance levels complicate global deployment strategies, while standardization and interoperability problems with EDR data complicate platform integration. Technical limitations in the accuracy and completeness of crash data are limiting reliability in safety-critical applications, and integrating EDR technology into electric and autonomous vehicles introduces new engineering and compatibility challenges. Segment Insights The global automotive event data recorder market is segmented by component (Hardware, Software, Services), vehicle type (Passenger Vehicles, Commercial Vehicles), end user (Automotive OEMs, Commercial Fleet Operators, Insurance Industry, Public Sector & Government, Automotive Service Providers, Data Analytics Companies), distribution channel (Direct Channel, Aftermarket Retailers, Professional Installation Services), and geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa). Market by Component The Hardware segment is expected to hold the largest share of the overall automotive EDR market in 2025, due to the essential role of EDR control units, sensors, storage systems, and connectivity modules in enabling core recording functionality. These components form the backbone of core recording capabilities, and their durable construction and dependable performance across diverse sensor types and storage formats make them suitable for use in passenger cars, commercial fleets, and specialized vehicles. However, the Software segment is projected to grow at the highest CAGR during the forecast period, driven by rising demand for advanced data analytics, crash detection algorithms, and driver behavior monitoring. This rapid expansion is fuelled by innovations in AI-powered analysis and a growing preference for cloud-integrated systems, particularly within fleet management, insurance evaluation, and next-generation safety solutions. Market by Vehicle Type The Passenger Vehicles segment is expected to dominate the overall automotive EDR market in 2025, primarily due to rising consumer demand for safety features, expanding regulatory requirements in developed economies, and the widespread adoption of EDRs in mid-size and luxury vehicles. These trends position passenger car applications as the key revenue driver, particularly in markets with sophisticated automotive safety regulations. However, the Electric Vehicles segment is expected to grow at the fastest CAGR through 2032, driven by the aggressive transition toward electric mobility, demand for specialized observation of EV powertrains, and higher use of sophisticated electronic systems. Specialized EDR systems to monitor EV-specific data points render this segment a key area of opportunity as the sector moves toward large-scale electrification. Request a customized research analysis tailored to your specific requirements: Market by End-User The Automotive OEMs segment is expected to hold the largest share of the overall automotive EDR market in 2025, as it establishes foundational demand within the market with its growing trend of factory-installed EDR systems, increasing regulatory mandates, and the growing convergence of EDRs with more extensive in-vehicle systems. As the prime designers and manufacturers of vehicles, OEMs stand as the first implementers of EDR technology. However, the Insurance Industry segment is expected to experience the fastest growth rate during the forecast period, driven by the growing application of usage-based insurance programs, increased dependence on objective crash data for claim adjustment, and the industry's migration toward data-based risk assessment. Geographic Market Insights In 2025, North America is expected to hold the largest share of the overall automotive EDR market, followed by Europe, Asia-Pacific, Latin America, and the Middle East & Africa. However, the Asia-Pacific region, particularly China, Japan, and South Korea, is slated to record the highest growth rate during the forecast period. This rapid growth is primarily driven by rapidly evolving vehicle safety standards, increasing vehicle production volumes, growing consumer awareness about safety technologies, and substantial investments in smart transportation infrastructure. These factors collectively position Asia-Pacific as a pivotal market for EDR technology innovation and deployment across automotive, insurance, and fleet management sectors. Immediate Delivery Available | Buy this Research Report (Insights, Charts, Tables, Figures and More)- Competitive Landscape The global automotive event data recorder market is characterized by technological innovation and strategic partnerships, driven by established automotive component manufacturers, specialized EDR developers, and technology companies expanding into the automotive safety space. Market dynamics are increasingly influenced by key trends such as integration with vehicle telematics platforms, enhancement of data analytics capabilities, and development of comprehensive safety ecosystems that combine EDRs with other safety technologies. Leading companies are prioritizing improvements in data security, privacy compliance, and seamless connectivity to address evolving customer requirements and regulatory frameworks. Key players operating in the global automotive event data recorder market include Robert Bosch GmbH, Continental AG, Aptiv PLC, Denso Corporation, ZF Friedrichshafen AG, Harman International Industries (Samsung Electronics), Veoneer Inc., BlackVue (Pittasoft Co., Ltd.), Nexar Ltd., Garmin Ltd., Digital Ally, Inc., THINKWARE Corporation, Waylens, Inc., Voyomotive, LLC, and Octo Telematics S.p.A., among others. Related Reports: Automotive Electronics Market by Component (ECU, Sensors, ICs), Material (Silicon, Germanium), Application (ADAS, Infotainment Systems), Vehicle Type (ICE, Hybrid, Electric Vehicles), Channel (OEMs, Aftermarket), and Geography - Global Forecast to 2032 Automotive 3D Printing Market Size, Share, Forecast, & Trends Analysis by Offering (Hardware, Services), Technology (Fused Deposition Modeling, Stereo Lithography), Component (Interior, Exterior), Vehicle Types, Application, Geography - Global Forecast to 2032 Automotive Transmission Market Size, Share, Forecast, & Trends Analysis by Type (Manual Transmission, Automated Manual Transmission, and Semi-automated Manual Transmission), Engine Type (Petrol Engine and Diesel Engine), Vehicle Type, Sales Channel - Global Forecast to 2032 Automotive Powertrain Sensors Market by Type (Temperature, Position, Exhaust, Pressure, Speed, Knock), Powertrain Subsystems (Engine Management, Transmission Management, Power Steering), and Vehicle Type (ICE, HV, EV) - Global Forecast to 2031 About Meticulous Research We are a trusted research partner for leading businesses worldwide, empowering Fortune 500 organizations and emerging enterprises with market intelligence designed to drive revenue transformation and strategic growth. Our insights reveal future growth opportunities, equipping clients with a competitive edge through a versatile suite of research solutions—including syndicated reports, custom research, and direct analyst engagement. Each year, we conduct over 300 syndicated studies and manage 60+ consulting engagements across eight major sectors and 20+ geographic markets, all to deliver targeted business insights that help our clients lead in a rapidly evolving global market. With a strong focus on problem-solving for complex business challenges, our research enables organizations to navigate change with assertion, aligning it with strategic pathways for sustainable growth. By identifying innovative and effective solutions, we empower leaders to make impactful decisions that drive operational excellence and fuel innovation. We are committed to crafting insights that enhance business performance and help our clients unlock new revenue opportunities, positioning them for long-term success in the competitive global marketplace. To find out more, visit or follow us on LinkedIn Contact: Mr. Khushal BombeMeticulous Market Research Pvt. Ltd.1267 Willis St, Ste 200 Redding,California, 96001, +1-646-781-8004Europe: +44-203-868-8738APAC: +91 744-7780008Email- sales@ Visit Our Website: Connect with us on LinkedIn- Content Source: Logo - View original content to download multimedia: SOURCE Meticulous Market Research Pvt Ltd. Sign in to access your portfolio
