Press release
US Automotive Diagnostics Market : Growing Generics Market, Rising Demand, Industry Trends & Revenue Growth by the end of 2027 | BMW, Daimler, Honda, Audi, etc
Growing economy, rising disposable income, and increasing rate of urbanization and industrialization are the major factor influencing market growth.Market Size - USD 9.64 Billion in 2018, Market Growth - CAGR of 4.0%, Market Trends -Increasing innovations in artificial intelligence
The US Automotive Diagnostics Market is expected to reach USD 13.34 Billion by 2026, according to a new report by Reports and Data. This can be mainly associated with the need for reduced recalls and warranty repairs by highlighting specific issues, offering OEMs a direct line of communication with the customer and rise in the use of electronics in vehicles due to digitalization and connected mobility across the automotive industry. Automotive diagnostics in US refers to a vehicle's reporting and self-diagnostic capability, which gives access to the vehicle owner or repair technician regarding the status of the various vehicle subsystems.
US is the hub for a number of manufacturers of the technology and aim for better infrastructure. The region has no budget constraints due to its high income, favorable government policies and regulations for an effective transportation system.
Cloud-based systems will play a key role in the development of these systems, as data is transmitted and analyzed in real-time in the cloud.
To get a Sample PDF of the US Automotive Diagnostics Market Study (Including the detailed TOC, Graphs, Charts, Tables, and Figures), visit @ https://www.reportsanddata.com/press-release/us-automotive-diagnostics-market
Key participants include General Motors, BMW, Daimler, Honda, Audi, Toyota, Volvo, Ford Motor Company, Nissan, and Fiat Chrysler Automobiles, among others.
For the purpose of this report, Reports and Data have segmented Automotive diagnostics Market in US on the basis of Vehicle type, communication system, equipment type, technology type, application, offering type, propulsion types, and product type:
Vehicle type Outlook (Revenue, USD Billion; 2018-2026)
Commercial
Passenger
Communication system Outlook (Revenue, USD Billion; 2018-2026)
Vehicle-To-Cloud (V2C)
Vehicle-To-Pedestrian (V2P)
Vehicle-To-Grid (V2G)
Vehicle-To-Infrastructure (V2I)
Vehicle-To-Vehicle (V2V)
Vehicle-To-Device (V2D)
Vehicle-To-Network (V2N)
Vehicle-To-Home (V2H)
Equipment type Outlook (Revenue, USD Billion; 2018-2026)
Exhaust Gas Analyzer
Paint Scan Equipment
Wheel Alignment Equipment
Dynamometer
Headlight Tester
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Technology type Outlook (Revenue, USD Billion; 2018-2026)
4G LTE
3G
Bluetooth
Wi-Fi
Offering type Outlook (Revenue, USD Billion; 2018-2026)
Software
Hardware
Propulsion type Outlook (Revenue, USD Billion; 2018-2026)
Electric Vehicle (EV)
Internal Combustion Engine (ICE) Vehicle
Product type Outlook (Revenue, USD Billion; 2018-2026)
OBD2 Scanner
Multi-System Auto Diagnostic Tool
OBDII Scanner Bluetooth Automotive ECU Coding Diagnostic Tool
OBD2 Car Code Reader /Scan Tool
OBD2 Adapter Check Engine Diagnostic Tool
Smartphone Diagnostic Tool
Others
Applications Outlook (Revenue, USD Billion; 2018-2026)
Hand-held scan tools
Mobile device-based tools and analysis
PC-based scan tools and analysis platforms
Data loggers
Emission testing
Driver's supplementary vehicle instrumentation
Vehicle telematics
To buy this research report on the US Automotive Diagnostics Market segmented by Types, Applications, Regions, and Manufacturers, Forecast to 2026 https://www.reportsanddata.com/press-release/us-automotive-diagnostics-market
Further key findings from the report suggest
By vehicle type, the market is segmented into commercial and passenger vehicles. The passenger vehicle type is going to have the highest growth of 5.4% during the forecast period.
By equipment type, the market is segmented into exhaust gas analyzer, paint scan equipment, wheel alignment equipment, dynamometer and headlight tester.
The growth of the exhaust gas analyzer segment can be due to the increasing implementation of stringent emission regulations and policies in North America.
By propulsion type, the market is segmented into electric vehicle (EV) and internal combustion engine (ICE) Vehicle.
The growth of electric vehicles is expected to witness the highest growth of 5.7% during the forecast period, due to the adoption of the technology by many vehicle manufacturers.
By product type, the market is segmented into OBD2 Scanner, Multi-System Auto Diagnostic Tool, OBDII Scanner Bluetooth Automotive ECU Coding Diagnostic Tool, OBD2 Car Code Reader /Scan Tool, OBD2 Adapter Check Engine Diagnostic Tool, Smartphone Diagnostic Tool and Others.
The automotive diagnostic OBD2 Car Code Reader /Scan Tool is the dominant segment of the market in 2018; with a forecasted CAGR of 3.6% during the forecast period.
By communication system, the market is segmented into Vehicle-to-Vehicle (V2V), Vehicle-to-Network (V2N), Vehicle-to-Infrastructure (V2I), Vehicle-to-Grid (V2G), Vehicle-to-Device (V2D), Vehicle-to-Cloud (V2C), Vehicle-to-Pedestrian (V2P) and Vehicle-to-Home (V2H).
Vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communications, two wireless technologies, to witness the highest CAGR of 4.8%.
Browse through the Complete Report @https://www.reportsanddata.com/report-detail/automotive-diagnostics-market
Thank you for reading this article. You can also get chapter-wise sections or region-wise report coverage for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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Reports And Data
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E-mail: sales@reportsanddata.com
About Us:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.
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