Automotive Event Data Recorder Global Market Report 2025

The automotive event data recorder market size has grown strongly in recent years. It will grow from $2.6 billion in 2024 to $2.77 billion in 2025 at a compound annual growth rate (CAGR) of 6.6%. During the historic period, growth occurred due to a stronger focus on vehicle safety regulations. There was also an increase in road accidents and related investigations. Additionally, the legal use of crash data became more common. The development of airbag and crash sensor technologies expanded, along with a wider acceptance of passive safety systems.

The automotive event data recorder market size is expected to see strong growth in the next few years. It will grow to $3.54 billion in 2029 at a compound annual growth rate (CAGR) of 6.3%. During the forecast period, growth is expected due to several factors. These include a rising interest in autonomous and connected vehicles, stricter regulations requiring data transparency, and increased consumer demand for safety assurances. Additionally, the expansion of insurance telematics and data-driven policies, along with the broader adoption of vehicle-to-everything (V2X) communication, will contribute to this growth. Key developments in this timeframe will involve the incorporation of advanced driver assistance systems (ADAS), efforts to standardize data formats and access protocols, and growth in the commercial and fleet vehicle sectors. There will also be a strong focus on cybersecurity and protecting data privacy, as well as greater use of cloud-based data storage and remote diagnostic technologies.

The increase in traffic accidents is expected to drive the growth of the automotive event data recorder market. Traffic accidents involve unexpected incidents on roads that result in damage, injury, or death. This rise is mainly due to greater vehicle usage, as more vehicles on the road lead to increased traffic congestion, more frequent driver interactions, and a higher chance of collisions. Automotive event data recorders aid in traffic accident analysis by capturing essential data before, during, and after crashes, allowing for accurate reconstruction and supporting road safety initiatives. For example, in May 2023, the Bureau of Infrastructure and Transport Research Economics, an Australian government agency, reported that road crash fatalities rose to 1,194 in 2022, a 5.8% increase compared to 1,129 deaths in 2021. Consequently, the growing number of traffic accidents is fueling the automotive event data recorder market.

The growth of electric vehicle production is also expected to boost the automotive event data recorder market. Electric vehicle production involves designing, manufacturing, and assembling battery-powered vehicles that utilize electric motors instead of internal combustion engines. This increase is driven primarily by environmental concerns, as governments and consumers aim to lower greenhouse gas emissions and air pollution by transitioning from traditional fossil fuel-powered cars to cleaner, more sustainable electric vehicles. Automotive event data recorders contribute to electric vehicle production by providing vital data that enhances vehicle safety, performance, and regulatory compliance, thereby fostering innovation and consumer confidence in electric mobility. For instance, in January 2024, Kelley Blue Book, a US-based Cox Automotive company, reported that in 2023, a record 1.2 million car buyers in the United States selected electric vehicles, representing 7.6% of the total U.S. vehicle market, up from 5.9% in 2022. Thus, rising electric vehicle production is helping to drive the automotive event data recorder market.

Leading companies in the automotive event data recorder market are increasingly focusing on developing advanced vehicle safety solutions that incorporate artificial intelligence (AI) for both passenger cars and commercial trucks. These next-generation vehicle safety systems use advanced technologies, including automated features, sensors, and real-time data processing, to improve driver and passenger safety. They work by reducing accident risks, preventing collisions, and enhancing situational awareness through features such as automatic emergency braking, lane-keeping assist, and adaptive cruise control. In May 2024, Plus, a US-based autonomous trucking technology firm, launched PlusProtect, an AI-powered safety system aimed at next-generation vehicle safety. PlusProtect includes an optional, easily removable event data recorder and offers capabilities like high-performance automatic emergency braking, improved lane departure warnings, traffic jam assist, and self-calibrating sensors. With features such as over-the-air updates and predictive fuel optimization, PlusProtect delivers scalable safety solutions that align with evolving standards, support advanced driver assistance systems (ADAS), and pave the way for future vehicle automation.

Major players in the automotive event data recorder market are Volkswagen Group, Toyota Motor Corporation, Mercedes-Benz, BMW Group, Hyundai Motor Company, Bosch GmbH, Kia Corporation, DENSO Corporation, ZF Friedrichshafen AG, Continental AG, Hyundai Mobis Co. Ltd., Volvo Car Corporation, Infineon Technologies AG, NXP Semiconductors, Harman International, Garmin Ltd., Sensata Technologies, Neusoft Corporation, Magneti Marelli, Alps Electric Co. Ltd.

North America was the largest region in the automotive event data recorder market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in automotive event data recorder report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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

An automotive event data recorder (EDR) is a device installed in vehicles to log critical information shortly before, during, and after a collision. It records data such as vehicle speed, brake application, seatbelt usage, and airbag activation. This information aids in crash investigations, safety studies, and legal matters. EDRs operate much like an aircraft’s black box and are becoming increasingly standard in modern vehicles.

The key components of an automotive event data recorder consist of hardware, the recorder unit itself, sensors, storage devices, power supply units, and software. Hardware includes the tangible parts such as sensors, data recorders, storage units, and power sources that collect, process, and save real-time vehicle data for incident evaluation and safety improvements. This system is deployed across various vehicle types, including passenger cars, commercial vehicles, electric vehicles, and more. Its applications range from accident analysis and insurance processing to vehicle safety enhancement and driver behavior monitoring. The product is distributed through original equipment manufacturers (OEMs) as well as aftermarket channels. End-users encompass insurance firms, fleet managers, vehicle manufacturers, law enforcement, and others.

The automotive event data recorder market research report is one of a series of new reports that provides automotive event data recorder market statistics, including automotive event data recorder industry global market size, regional shares, competitors with the automotive event data recorder market share, automotive event data recorder market segments, market trends, and opportunities, and any further data you may need to thrive in the automotive event data recorder industry. This automotive 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 automotive event data recorder market consists of revenues earned by entities by providing services such as data collection, crash analysis, diagnostics, and reporting for accident investigations. The market value includes the value of related goods sold by the service provider or contained within the service offering. The automotive event data recorder market also consists of sales of black box data recorders, onboard diagnostic (OBD) devices, sensors, data storage units, and interface modules. 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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