Global Automotive Markets Set for Billions in Growth by 2035
Global, Wednesday, 19 November 2025.
The automotive event data recorder and fault circuit controller markets are projected to reach USD 3.6 billion and USD 5.0 billion respectively by 2035, driven by safety mandates and EV trends.
The Rise of Event Data Recorders
The global Automotive Event Data Recorder (EDR) market is expected to reach USD 3.6 billion by 2035, marking a significant growth trajectory fueled by stringent safety and telematics mandates. The market is anticipated to grow at a compound annual growth rate (CAGR) of 6.0% from 2025 to 2035, reflecting the increasing importance of data-centric safety systems in vehicles. This growth is largely driven by regulatory bodies worldwide tightening requirements for crash analytics and post-incident reporting [1].
Technological Advancements in EDR Systems
Advancements in sensing technologies, power management, and tamper-proof memory modules are enhancing the robustness of EDR systems, making them more resistant to vibration, heat, and collision forces. The hardware segment is expected to dominate in 2025, with a 72% revenue share, underscoring the critical nature of physical recording modules [1]. These systems are becoming integral to modern vehicle architecture, with passenger vehicles projected to account for 58% of the market share in 2025, particularly as regulators mandate EDR installations in new models across key markets like China, Germany, France, and India [1].
Fault Circuit Controllers: A Critical Component
The global Automotive Fault Circuit Controller (FCC) market is forecast to reach USD 5.0 billion by 2035, growing at a CAGR of 5.4% over the next decade. Fault circuit controllers are becoming indispensable for safeguarding complex vehicle electrical systems, detecting faults, and isolating circuits to prevent system-wide failures. This market growth is driven by the rapid electrification of vehicles and stringent safety and emissions regulations [2].
Adoption Driven by Electrification
With the shift from mechanical to electronic protection systems, the FCC segment is set to account for 36.2% of total market revenue in 2025. The passenger car segment is projected to generate 48.7% of market revenue in the same year, propelled by the high production volumes of electric and hybrid vehicles and a growing consumer demand for reliability and safety. Key trends include the integration of FCCs with Advanced Driver Assistance Systems (ADAS) and autonomous platforms, reflecting the ongoing transformation in automotive technology [2].