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Global Automotive On-Board Diagnostics (OBD) Market Size, Shares, Trends, Growth, Survey and Forecast 2015-2019

11-15-2016 03:08 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: researchmoz.us

Global Automotive On-Board Diagnostics (OBD) Market Size,

Albany, NY, Nov 15: During the early 1980s, automotive manufacturers started using electronics and on-board computers to control engine functions of a vehicle, which led to the development of complicated vehicle technologies. To address the increasing complexity of the vehicle operation, these manufacturers developed efficient ways to diagnose vehicle issues and created pro-active maintenance indicators to enhance fuel economy and durability of the vehicle.

The global automotive on-board diagnostics system market to grow at a CAGR of 7.41% during 2014-2019. An automotive on-board diagnostics system (also known as OBD-l) is one such integrated system with a technology that helps automobile engineers/technicians identify and diagnose issues in the engine's computerized systems. The system consists of various sensors and circuits that detect any kind of system or component failure and provide an indication regarding the system malfunction through pre-defined diagnostic codes. These codes are stored in the vehicle's computer system. In addition, the OBD-I had few basic emission measurement features such as exhaust gas recirculation valve and catalytic converter, which is a vehicle emissions control device that converts toxic pollutants in the exhaust gas to less toxic pollutants by catalyzing a redox reaction.

By the early 1990s, manufacturers introduced an upgraded advanced on-board diagnostics system (also known as OBD-II) to address as the complexity of an engine and the usage of automated computerized systems to control various functionalities of the vehicle increased to a higher level.

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Technavio's report, Global Automotive On-Board Diagnostics System Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Autel
- Bosch Diagnostics
- Detroit Diesel
- Innova Electronics
- Vector Informatik

Other prominent vendors
- Automatic
- AVL Ditest
- CarShield
- Carvoyant
- Dash Labs
- EASE Diagonostics
- Hickok Incorporated
- Mojio
- Voxx International
- Zubie

Enquiry at: http://www.researchmoz.us/enquiry.php?type=E&repid=358721

Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the various end-uses and potential applications for the product?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space and what is the nature of competition between them?
- What are the market opportunities and threats faced by the key vendors?

ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz’s service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.

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