Event Data Recorder Market Report 2026

The event data recorder market size has grown rapidly in recent years. It will grow from $14.48 billion in 2025 to $16.79 billion in 2026 at a compound annual growth rate (CAGR) of 16%. The growth in the historic period can be attributed to growth in vehicle safety regulations, rising road accident rates, adoption of airbags and safety systems, growth in automobile production, insurance industry demand for crash data.

The event data recorder market size is expected to see rapid growth in the next few years. It will grow to $30.08 billion in 2030 at a compound annual growth rate (CAGR) of 15.7%. The growth in the forecast period can be attributed to mandatory edr regulations, growth of autonomous vehicles, expansion of connected vehicle platforms, increasing electric vehicle penetration, rising demand for real time vehicle diagnostics. Major trends in the forecast period include rising integration of edrs in passenger vehicles, growing adoption of adas integrated recorders, expansion of telematics based event recording, increasing use of edrs in electric vehicles, demand for enhanced crash data accuracy.

The increasing incidence of road accidents is expected to drive the growth of the event data recorder market in the coming years. Road accidents are unplanned incidents or collisions on roads involving vehicles, pedestrians, or cyclists, often causing damage or injury. This rise is largely attributed to distracted driving, as the growing use of mobile phones, in-car entertainment systems, and other distractions diverts drivers’ attention, reduces reaction time, and increases the likelihood of collisions. Event data recorders aid in road accident investigations by capturing crucial vehicle and driver information before, during, and after a crash, helping authorities determine causes and implement improved road safety measures. For example, in January 2024, according to Roads Australia, an Australia-based national industry organization, road fatalities in 2023 reached 1,266 people, representing an increase of approximately 7.3% compared with the previous year. Hence, the rising number of road accidents is fueling the growth of 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 companies operating in the event data recorder market are Robert Bosch GmbH, DENSO Corporation, Continental AG, ZF Friedrichshafen AG, Aptiv PLC, Hyundai Mobis Co., Ltd., Valeo S.A., Autoliv Inc., Visteon Corporation, Magna International Inc., Panasonic Automotive Systems Company, Hitachi Astemo, Ltd., Marelli Holdings Co., Ltd. (formerly Magneti Marelli), Nidec Corporation, Lear Corporation, Aisin Corporation, Bosch Mobility Solutions (automotive division of Robert Bosch GmbH), Toyota Motor Corporation, Volvo Car Group AB, Ford Motor Company, General Motors Company, Hyundai Motor Company.

North America was the largest region in the event data recorder market in 2025. The regions covered in the event data recorder market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the event data recorder market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

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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