Press release
Automotive Remote Diagnostics Market Analysis 2018 To 2023: Size, Share, And Major Players - VOXX International Corporation, Informatik, Bosch, Delphi, OnStar, Snap-on, Magneti Marelli, Softing, Continental, Vector, and Vidiwave
Automotive Remote Diagnostics Market Key Company Analyzed Are:
Robert Bosch GmbH (Germany), Continental AG (Germany), Delphi Automotive Systems LLC (U.S.), OnStar LLC (U.S.), Snap-on Inc. (U.S.), Magneti Marelli S.p.A. (Italy), Softing AG (Germany), VOXX International Corporation (U.S.), Vector Informatik GmbH (Germany), and Vidiwave Ltd. (U.K), are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global automotive remote diagnostics market.
Get Sample Report on Global Automotive Remote Diagnostics Market Research Report - Forecast to 2022 at: https://www.marketresearchfuture.com/sample_request/1842
Automotive Remote Diagnostics Global Market Overview:
Automotive remote diagnostics is a solution that aids in performing the following tasks: monitoring the health of a vehicle, identifying the main cause of the problem, and providing vehicular data in order to assess the performance against benchmarks. This solution can be employed for monitoring health and assessing performance status of utility, commercial, and electric vehicles. It also provides the end-users with real time information, such as fuel level and route data, in to enhancing performance of the vehicle. For instance, vehicles that are driven across long distances without stoppage require remote diagnostic check which is made efficient through this solution.
Remote diagnostics systems was initially developed for military and fleet applications to remotely monitor vehicles under battlefield conditions and detect impending failures in order to enhance mission reliability. Later, with evolving customer needs in the commercial vehicle sector and due to rising focus on ensuring comfortable and safe drive, the automotive remote diagnostics technology is witnessing a surge in the demand for passenger car application as well.
The automotive remote diagnostics systems encompasses automotive, electronics, computing, and telecommunications technologies to provide real-time information to the user. It also assists in reducing vehicle downtime and service time. The factors responsible for the growth of the market are development of technologies such as telematics and IoT (Internet of Things), focus on enhancing safety and security of vehicles, growing inclination towards premium vehicles, and stringent emission & fuel economy regulations. Furthermore, factors such as rising demand for hybrid and electric vehicle, and growth in transportation and logistics sector offer promising growth opportunities for the market. Meanwhile data security concerns and costs associated with installation and services deters the market growth. However, the rising smartphone penetration and growing use of vehicle telematics is one of the key trends that will contribute to the market growth in the forthcoming years.
Automotive Remote Diagnostics Market Segmentation:
The global automotive remote diagnostics market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Vehicle Type: Commercial Vehicle and Passenger Vehicle
Segmentation by Application: Automatic Crash Notification, Vehicle Tracking, Vehicle Health Alert, and Roadside Assistance
Segmentation by Connectivity: 4G LTE, 3G, Bluetooth, and Wi-Fi
Segmentation by Region: North America, Europe, Asia Pacific, and Rest of the World.
Automotive Remote Diagnostics Market Regional Analysis:
The North American market for automotive remote diagnostics accounts for the largest share while the market in Asia Pacific region is expected to grow at the fastest pace during the forecast period. Asia Pacific region houses countries such as China and India which is observing rising urban population, increasing per capita income, improving living standards and subsequently increasing demand for purchase of high end vehicles. Meanwhile China and Japan, are the manufacturing hub for electric vehicles. Ultimately drive the market of automotive remote diagnostics in this region.
List of Tables:
Table 1 Global Automotive Remote Diagnostics Market: By Vehicle Type, 2014-2022 (USD Billion)
Table 2 Commercial Vehicle: Automotive Remote Diagnostics Market, By Region, 2014-2022 (USD Billion)
Table 3 Passenger Vehicle: Automotive Remote Diagnostics Market, By Region, 2014-2022 (USD Billion)
Table 4 Global Automotive Remote Diagnostics Market: By Application, 2014-2022 (USD Billion)
Table 5 Automatic Crash Notification: Automotive Remote Diagnostics Market, By Region, 2014-2022 (USD Billion)
Table 6 Vehicle Tracking: Automotive Remote Diagnostics Market, By Region, 2014-2022 (USD Billion)
Table 7 Vehicle Health Alert: Automotive Remote Diagnostics Market, By Region, 2014-2022 (USD Billion)
Table 8 Roadside Assistance: Automotive Remote Diagnostics Market, By Region, 2014-2022 (USD Billion)
Table 9 Global Automotive Remote Diagnostics Market: By Connectivity, 2014-2022 (USD Billion)
Table 10 3G: Automotive Remote Diagnostics Market, By Region, 2014-2022 (USD Billion)
Continued…
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