Press release
Remote Diagnostics Market: Technological Advancements to Propel Market Growth
Amongst a few, a notable trend observed in the remote diagnostic market is the increasing demand for Real Driving Emission (RDE) Test. Today, consumers are informed about the importance of RDE to complement lab tests for vehicles to discharge particulate matter in permissible limits. This is because equipment installed on the vehicle for RDE testing collects data to verify that legislative limits for pollutants such as NoX are not crossed.
Acting as a hindrance to the market, on the other hand is security concerns of remote diagnostic systems.
A report by Transparency Market Research (TMR) forecasts the global remote diagnostics market to register an impressive 14.8% CAGR for the forecast period between 2017 and 2025. Expanding at this pace, the market will become worth US$42.04 bn by 2025 increasing from US$12.88 bn in 2016.
Browse Our Report @
http://www.transparencymarketresearch.com/remote-diagnostics-market.html
The remote diagnostics market is classified into roadside assistance, vehicle tracking, vehicle state alert, crash notification, training assistance, training assistance, and other based upon application. Among them, the segment of roadside assistance led the market in 2016 revenue-wise. The growth of the segment is account of increasing demand for vehicular safety and security on the roads.
In terms of vehicle type, the segments into which the remote diagnostic market is divided are commercial vehicles and passenger vehicles. The segment of passenger vehicles dominated the market in 2016 in terms of revenue contribution. The key factor behind the lead position of the segment is the increasing demand for fuel efficiency and regulations in place to monitor vehicle emissions.
On the basis of connectivity, Bluetooth, 3G/4G, and Wi-Fi are the segments of the market. Bluetooth is expected to account for the leading revenue contribution in the global remote diagnostic market over the forecast period between 2017 and 2025. Increasing demand for electronic and electrical system are the factors bolstering the demand for Bluetooth technology in the remote diagnostic market.
Brochure With Latest Advancements With Application @
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=19292
The key segmnets into which the global remote diagnostics market is classified based upon geography are North America, Asia Pacific, Europe, Middle East and Africa, and Latin America. According to the TMR report, North America is the most promising market amongst other key regions for remote diagnostics. The region led the overall market in terms of revenue contribution in 2016. The growth of the region is underpinned by early adoption of technology, stringent regulations for vehicle safety, emissions, and fuel economy. The U.S. powers the growth of North America remote diagnostic market. Early adoption of technology and increasing demand for telematics are primarily driving the growth of the market in the U.S.
In 2016, Europe stood as the second-leading market for remote diagnostic globally. Increasing aftermarket spending on vehicular maintenance and rising trend of equipping vehicles with hi-tech devices are factors boosting the demand for remote diagnostic in Europe. Germany stood as the leading revenue contributor to the Europe remote diagnostic market in 2016.
Key players opertating in the global remote diagnostic market mentioned in the report are Robert Bosch GmbH, Continental AG, OnStar LLC, Mercedes-Benz, Magneti Marelli S.p.A., Delphi Automotive plc, Softing AG, Voxx International Corporation, Vector Informatik GmbH, and Vidiwave Ltd.
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.
Contact
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
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 Remote Diagnostics Market: Technological Advancements to Propel Market Growth here
News-ID: 704382 • Views: …
More Releases from TMR - Research Reports
Pulmonary Drugs Market is Expected to Reach US$ 28,082.1 Million by the End of 2 …
According to the research report, the global pulmonary drugs market is expected to be worth US$ 28,082.1 mn by the end of 2024 as compared to US$ 48,039.7 mn in 2015. Analysts calculate that the global market will plummet at a CAGR of -6.3% during the forecast period of 2016 and 2024. The market will thrive as the demand for combination drugs is anticipated to remain on the rise during…
North America Ventricular Assist Device Market is rising to a valuation of US$ 1 …
According to TMR, the opportunity in the North America market for VADs, which stood at US$0.4 bn in 2015, is likely to expand at a healthy CAGR of 9.20% between 2016 and 2024 and increase to US$1.07 bn by the end of the forecast period. The destination therapy (DT) segment has been reporting a greater application of VADs than the other two indication segments. It is expected to remain the…
Dental Membrane and Bone Graft Substitutes Market to rise to US$ 922.6 Million b …
Transparency Market Research notes that innovation and expansion into emerging regions have served these companies well in strengthening their hold in the dental membrane and bone graft substitutes market. For instance, Switzerland-based Geistlich Pharma AG - a global manufacturer and supplier of dental products and devices - expanded its operations in Sydney, Australia and New Delhi, India in 2016.
The global dental membrane and bone graft substitutes market is expected to…
Human Vaccines Market is Estimated to Reach US$ 72.5 Billion by 2024
The global human vaccines market was valued at US$28.3 bn in 2015 and is estimated to reach US$72.5 bn by 2024, registering an 11.2% CAGR during the forecast period.
By age group, pediatric vaccines accounted for a 57.5% share in the global human vaccines market in 2015. Adult vaccines, on the other hand, are expected to expand at a 13.2% CAGR from 2016 to 2024. Based on product, the pneumococcal segment…
More Releases for Advancements
Gastrointestinal Devices Market – Latest Advancements
Gastrointestinal Devices Market report 2018-2026 focuses on the major drivers and restraints for the key players. These research report also provides granular analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. The Gastrointestinal Devices market research report is a professional and in-depth study on the current state of Gastrointestinal Devices Industry.
The Gastrointestinal Devices Market research report covers the present scenario and the growth prospects…
Advancements in Solid Masterbatches Market
As per a new report by Transparency Market Research (TMR), there is and will be intense rivalry among the local and global players within the global solid masterbatches market. This market is fragmented with players competing with each other in terms of quality and price differentiation. Players are investing in innovation and technological advancements so as to stay ahead of all competition. The names of the leading players operating within…
Advancements in Sodium Cyanide Market
Sodium cyanide is a water-soluble inorganic compound manufactured by treating hydrogen cyanide with sodium hydroxide at an elevated temperature. The compound is highly poisonous and remains stable at high temperatures in complete absence of carbon dioxide, air, and moisture. Sodium cyanide is widely used in gold mining, due to its high affinity toward metals. In addition, it is employed in other industries such as electroplating, agrochemicals, pharmaceuticals, ore extraction, dyes,…
Advancements in Blended Fiber Market
Blended fiber is manufactured by blending or mixing two or more different kinds of fiber to create a new fiber having unique properties. Blended fabrics are manufactured to cater to particular applications that require specific properties. Various kinds of blended fiber can be prepared with different properties for varied applications.
Read report overview at: https://www.transparencymarketresearch.com/blended-fiber-market.html
Based on raw materials used for making blended fiber, the blended fiber market can be categorized…
Advancements in Chromite Market 2025
Chromite is an oxide mineral that belongs to the spinel group. It is one of the important minerals used in the production of metallic chromium. Chromite is also employed as an alloying ingredient in stainless and tool steels. Chromite is an iron chromium oxide commonly associated with olivine, magnetite, serpentine, and corundum. As a major source of metal chromium, the extracted chromium from chromite is used in chrome plating and…
Advancements in Biopolymers Market 2025
The global biopolymers market features a largely consolidated landscape as a relatively small number of companies account for the leading shares, notes Transparency Market Research (TMR). Some of the top players operating in the market are E.l.du Pont de Nemours and Company, Galatea Bio Tech, Total Corbion, Danimer Scientific, Novamont S.p.A, NatureWorks LLC, Archer Daniels Midland Company, Plantic Technologies Ltd., FMC Biopolymer A.S., and BASF SE. The leading players are…
