Event Data Recorder Global Market Report 2025

The event data recorder market size has grown rapidly in recent years. It will grow from $12.48 billion in 2024 to $14.48 billion in 2025 at a compound annual growth rate (CAGR) of 16%. Growth during the historic period was driven by stricter automotive safety regulations, an expanding vehicle fleet, increased use of data by insurance providers, rising demand for tools to investigate accidents, and the growing integration of telematics and connected technologies.

The event data recorder market size is expected to see rapid growth in the next few years. It will grow to $26.02 billion in 2029 at a compound annual growth rate (CAGR) of 15.8%. Growth in the forecast period is expected to be driven by the increasing demand for autonomous vehicles, heightened public awareness of vehicle safety, stricter government mandates on data recording, greater integration of AI and machine learning for crash analysis, and the rising significance of data-driven insurance models. Key trends anticipated include advancements in crash detection and incident reporting, improvements in data storage and access technologies, enhanced real-time data transmission, a stronger focus on data privacy and security, and growing partnerships between automotive manufacturers and technology firms.

The increase in road accidents is expected to drive the growth of the event data recorder market in the coming years. Road accidents involve unforeseen collisions on roads among vehicles, pedestrians, or cyclists, often causing injury or damage. This rise is mainly attributed to distracted driving, with drivers’ attention diverted by mobile phones, in-car entertainment, and other distractions, which reduces reaction times and raises the chance of collisions. Event data recorders assist in improving accident investigations by capturing essential vehicle and driver data before, during, and after crashes, helping authorities identify causes and implement better road safety measures. For example, in May 2023, the Bureau of Infrastructure and Transport Research Economics, an Australian government agency, reported that road crash fatalities in 2022 increased to 1,194, up 5.8% from 1,129 deaths in 2021. Hence, the rising number of road accidents is fueling growth in the event data recorder market.

Leading companies in the event data recorder sector are emphasizing innovations such as AI-enhanced safety systems to boost real-time data analysis, improve accident prediction, and support advanced driver assistance technologies for safer roads and improved operational efficiency. These AI-powered systems utilize smart technology and live data to detect hazards, alert drivers, and prevent accidents through automated actions. In May 2024, Plus, a US-based software firm, introduced PlusProtect, an AI-driven safety platform designed to advance next-generation vehicle safety across all vehicle types. This scalable solution offers features like high-performance automatic emergency braking, expanded lane departure warnings, traffic jam assist, and predictive fuel optimization. With over-the-air updates and integrated event data recording, PlusProtect helps manufacturers meet future safety standards while reducing collisions and enhancing driver support.

In November 2023, Danelec Marine A/S, a Denmark-based manufacturer, acquired MacGregor’s Voyage Data Recorder (VDR) business for an undisclosed sum. This acquisition aims to reinforce Danelec’s global leadership in the VDR market, increase its installed base to 16,000 units, and boost its technological expertise. MacGregor’s VDR, based in Finland, specialized in the VDR G4e and S-VDR G4e models, which combine video recording with advanced voyage data to improve maritime safety.

Major players in the event data recorder market are Toyota Motor Corporation, Robert Bosch GmbH, DENSO Corporation, ZF Friedrichshafen AG, Continental AG, Hyundai Mobis Co. Ltd., Volvo Car Corporation, Fujitsu Limited, Toshiba Corporation, Valeo S.A., Aptiv PLC, NXP Semiconductors N.V., Autoliv Inc., Garmin Ltd., Visteon Corporation, LexisNexis Risk Solutions Inc., Neusoft Corporation, Magneti Marelli S.p.A., Sierra Wireless Inc., Kistler Holding AG.

North America was the largest region in the event data recorder market in 2024. The regions covered in event data recorder report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the event data recorder market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

An event data recorder (EDR) is a vehicle-mounted device designed to record and store data related to the vehicle’s performance and operating conditions during specific incidents, such as collisions or near-miss events. It collects vital information like vehicle speed, braking activity, engine status, seatbelt usage, airbag deployment, and other key operational parameters.

The primary types of event data recorders are portable and integrated systems. A portable EDR is an independent, add-on device that captures essential driving data to improve safety, without the need for integration into the vehicle’s existing systems. These recorders are utilized in a range of vehicles, including passenger cars, commercial vehicles, electric vehicles, and others. EDRs serve multiple applications, particularly in the automotive manufacturing sector and the aftermarket industry.

The event data recorder market research report is one of a series of new reports that provides event data recorder market statistics, including event data recorder industry global market size, regional shares, competitors with the event data recorder market share, event data recorder market segments, market trends, and opportunities, and any further data you may need to thrive in the event data recorder industry. This event data recorder market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The event data recorder market consists of revenues earned by entities by providing services such as installation, maintenance, data analysis, and crash investigation support. The market value includes the value of related goods sold by the service provider or included within the service offering. The event data recorder market also consists of sales of crash recorders, onboard diagnostic systems, sensors, and data storage units. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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