Automotive Vehicle Diagnostics Market is Anticipated to Grow At A CAGR of OVER 16% Till 2024 | TechSci Research
According to TechSci Research, Global Automotive Vehicle Diagnostics Market is projected to reach USD 30.36 Billion by 2024, growing at a CAGR of over 16% during the forecast period owing to the rising demand for safety & security in vehicles, stringent emission norms and the growing inclination towards premium vehicles. Based on connectivity, the market has been categorised into 4G LTE, 3G, Bluetooth and Wi-F. In 2018, the Bluetooth technology is dominated the market and is expected to maintain its dominance over the next five years as well since Bluetooth is primarily used to enable in-car connectivity between a vehicle’s dashboard and electronic gadgets such as smartphone and tablets. North American region is estimated to be the largest market for vehicle diagnostics during 2018-2023 due to advanced technology in the region and high adoption rate of innovations. Moreover, growing demand for premium cars with advanced safety and security features is high in countries like US and Canada and the region has the most stringent regulations for vehicle safety, emissions, and fuel economy globally due to which it is expected to boost the market for vehicle diagnostics in the region.
Years considered for this report:
Historical Year : 2014 - 2017
Base Year : 2018
Estimated : 2019
Forecast : 2020 - 2024
Objective of the Study:
- To
analyse and forecast the market size of Automotive Vehicle Diagnostics
Market, in terms of value and volume.
- To
classify and forecast Global Automotive Vehicle Diagnostics
Market based on vehicle, connectivity, application, demand category
and regional distribution.
- To
identify drivers and challenges for Global Automotive Vehicle Diagnostics
Market.
- To
examine competitive developments such as expansions, new product launches,
mergers & acquisitions, etc., in Global Automotive Vehicle Diagnostics
Market.
- To
conduct the pricing analysis for Automotive Vehicle Diagnostics Market.
- To
identify and analyse the profile of leading players involved in the
manufacturing of Global Automotive Vehicle Diagnostics Market.
Some of the leading players in the Global Automotive Vehicle
Diagnostics Market are Robert Bosch GmbH, Continental AG, Yazaki Corporation,
Magneti Marelli S.P.A., Delphi Automotive PLC, Denso Corporation, Harman
International, Alpine Electronics, Pioneer Corporation, Clarion Co., Ltd. etc.
Key Target Audience:
- Automotive
Vehicle Diagnostics System Manufacturers
- Automotive
OEMs
- Infotainment
and Telematics service providers
- Automobile
organizations/associations
- Automotive
Vehicle Diagnostics design companies
- Traders,
Distributors, and Suppliers
- Industry
associations and experts
- Research
organizations and consulting companies.
- Research
Institutes
- Industry
associations
- Market
research and consulting firm.
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as
collaboration manufacturer and partners, end users, etc., besides allowing them
in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, Global Automotive Vehicle Diagnostics
Market has been segmented into following categories, in addition to the
industry trends which have also been detailed below:
- Market,
By Vehicle Type:
- Passenger
Cars
- Commercial
Vehicle
- Market,
By Connectivity:
- 4G
LTE
- 3G
- Bluetooth
- Wi-Fi
- Market,
By Application:
- Automatic
Crash Notification
- Vehicle
Health Alert
- Vehicle
Tracking
- Roadside
Assistance
- Market,
By Demand Category:
- OEMs
- Aftermarket
- Market,
by Region:
- Asia
Pacific
- China
- India
- Japan
- South
Korea
- Australia
- Singapore
- Malaysia
- Europe
& CIS
- France
- Germany
- United
Kingdom
- Italy
- Spain
- North
America
- United
States
- Mexico
- Canada
- South
America
- Brazil
- Argentina
- Colombia
- Middle
East and Africa
- South
Africa
- Saudi
Arabia
- UAE
- Qatar
Competitive Landscape
Company Profiles: Detailed analysis of the major
companies present in Automotive Vehicle Diagnostics Market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to the company’s specific needs. The following
customization options are available for the report:
Company Information
- Detailed
analysis and profiling of additional market players (up to five).
Profit Margin Analysis
- Profit
margin analysis in case of direct and indirect sales channel.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: sales@techsciresearch.com
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