Vehicle Diagnostics Market by Vehicle Type, Application, Connectivity - 2021 | MarketsandMarkets
Browse 81 market data tables and 53 figures spread through 144 pages and in-depth TOC on “Vehicle Diagnostics Market”
Early buyers will receive 10% customization on reports.
“Bluetooth to lead the remote vehicle diagnostics market, by connectivity, in terms of value”
Bluetooth technology is expected to constitute the largest segment of the remote vehicle diagnostics market, by connectivity (value). Market growth can be attributed to the advantages offered by Bluetooth connectivity, such as enabling devices and smartphones to be connected to the vehicle. The key application of Bluetooth connectivity technology in remote vehicle diagnostics is connecting the vehicle to the internet via the cellular phone to transfer and receive data from the server. 3G connectivity technology is estimated to be the second largest segment of the remote vehicle diagnostics market.
“Roadside assistance: Fastest growing segment of the remote vehicle diagnostics market, by application”
Roadside assistance is an essential application of remote vehicle diagnostics, as it provides emergency assistance services in case of a vehicle breakdown. If the vehicle breaks down, the remote vehicle diagnostics solution automatically diagnoses the cause of the vehicle failure and sends analyzed data to the server, along with the vehicle’s real-time location, for required roadside assistance. North America is estimated to lead the roadside assistance application market, in terms of volume, followed by Europe and Asia-Oceania, owing to the increasing demand for safety and security features in these regions.
“Asia-Oceania: Fastest growing market for remote vehicle diagnostics”
The Asia-Oceania remote vehicle diagnostics market is projected to grow at the highest CAGR during the forecast period. The market is expected to grow at a high rate in countries such as India, China, Japan, and South Korea.This region has the highest vehicle production in the world, due to its sizable population and increasing disposable income. The growing population, increasing per capita income, and improving standard of living have contributed to the growth of the automotive industry in Asia-Oceania. The increasing per capita income has resulted in increasing sales of high-end vehicles among consumers. As a result, Asia-Oceania will likely be the fastest growing market for remote vehicle diagnostics. China is the key automotive market in this region, as it produces the highest number of passenger cars in the world.
The report analyzes major players in the remote vehicle diagnostics industry, including Robert Bosch GmbH (Germany), Continental AG (Germany), OnStar LLC (U.S.), Magneti Marelli S.p.A (Italy), Delphi Automotive PLC (U.K.), Softing AG (Germany), Voxx International Corporation (U.S.), Snap-On Inc. (U.S.), and Vector Informatik GmbH (Germany).
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=82321853
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Shelly Singh
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Vehicle Diagnostics Market by Vehicle Type, Application, Connectivity - 2021 | MarketsandMarkets here
News-ID: 1409275 • Views: 440
More Releases from MarketsandMarkets™ INC.
Automotive Differential Market Competitive Analysis with Growth Forecast Till 20 …
The Automotive Differential Market size, by value, is estimated to be USD 18.4 billion in 2020 and is projected to reach USD 23.2 billion by 2025, at a CAGR of 4.7% from 2020 to 2025. However, halt in vehicle production across the globe have impacted the automotive differential market. Despite this, owing to increase installation of automotive electronics and increasing demand for comfort features in vehicles the market is expected
Automotive Engine Management System Market by Vehicle Type & Region - Industry T …
The Automotive Engine Management System Market is projected to grow to USD 63.2 billion by 2025 from USD 58.8 billion in 2020, at a CAGR of 1.5% during the forecast period. The demand for engine management system is primarily driven by stringent emission norms, coupled with increasing vehicle production. The engine management system industry is expected to be positively impacted by growing vehicle production across the globe as every ICE engine
Farm Equipment Market: An Emerging Market with Attractive Growth Opportunities
The global Farm Equipment Market is projected to reach USD 113.0 billion by 2025 from an estimated USD 92.2 billion in 2020, growing at a CAGR of 4.2% during the forecast period, mainly due to attractive government policies to farmers in the form of loan waivers, credit finance, monetary aid in difficult times such as drought, pandemic such as COVID-19 etc. Increasing popularity and awareness of farm mechanization is significantly
Electric Vehicle Charging Station Size, Analytical Overview, Growth Factors, Dem …
The global Electric Vehicle Charging Station Market size is projected to reach 30,758 thousand units by 2027, from an estimated 2,115 thousand units in 2020, at a CAGR of 46.6%. The base year for the report is 2019, and the forecast period is from 2020 to 2027. Factors such as growing demand for energy-efficient commuting and governments supporting electric Electric vehicles and Electric Vehicle charging station through subsidies & tax
More Releases for Vehicle
Fuel Cell Vehicle Market
The report aims to provide an overview of the global Fuel Cell Vehicle Market with detailed market segmentation by technology, vehicle type, and geography. The global fuel cell vehicle market is expected to witness high growth during the forecast period. The fuel cell vehicle market report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market. Get Sample Copy of
Electrical Vehicle Business
India is exploring the market acceptance and industry dynamics of the electric vehicles manufacturing and servicing sector, both are at an early stage, as domestic OEMs are just started launching EV models and the acceptance is growing slowly. The government policies like rolling out new taxes and awareness about these vehicles will improve the interests significantly which will accelerate the segment’s profitability. Although India’s CO2 emission levels from electricity generation are
Reliable Vehicle Performance Testing
Grant Squirrel Ensures Safety and Robustness of Product Line CAS DataLoggers provided a major automobile manufacturer with the data logging solution for its rigorous vehicle performance testing. As part of the testing of any new vehicle, sample units were typically subject to a variety of endurance and durability tests to identify any potential weak points or failure modes and chart their performance. To gather the most detailed record of a car’s
Vehicle Tracking Market
Vehicle Tracking Market – Global Industry Analysis and Forecast (2017-2026) – By Product, Vehicle, Technology, Application and Region. Vehicle Tracking Market size is valued at US$ 8.1 Bn in 2017 and expected to grow at a CAGR of 7.5% in the forecasting period. size is valued at US$ 8.1 Bn in 2017 and expected to grow at a CAGR of 7.5% in the forecasting period. Vehicle tracking market size is estimated
Vehicle Detectors Market
https://www.qandqmarketresearch.com/reports/7194018/vehicle-detectors-market-104 Vehicle detectors sense the presence of vehicles. They provide an output signal to a control unit, such as a gate or door operator, to open or close. When used as a safety device, vehicle detectors prevent a gate or door from closing on a vehicle. Global Vehicle Detectors market size will reach xx million US$ by 2025, from xx million US$ in 2017, at a CAGR of xx% during the forecast
Worldwide Technology: Vehicle-To-Vehicle (V2V) Communication Market 2018
Qyresearchreports include new market research report "Global Vehicle-To-Vehicle (V2V) Communication Market Research Report 2018" to its huge collection of research reports. A holistic and detailed overview of the global Vehicle-To-Vehicle (V2V) Communication market that includes information derived from utilizing various quantitative and qualitative analysis techniques has been compiled in this latest market report. This compilation offers its readers a great overview of the Vehicle-To-Vehicle (V2V) Communication market during a forecast period