Press release
Global Automotive On-board Diagnostics (OBD) Market to grow at a CAGR of 15.55% during 2017-2021 - Autel, Bosch Diagnostics, Detroit Diesel, Vector Informatik
On-board diagnostics (OBD) system gathers diagnostic information from various subsystems in a vehicle. The information is gathered by physically connecting a diagnostic tool to the built-in OBD port of the vehicle. OBD system was initially designed to diagnose and curb emissions by monitoring the performance of engine components. While the initial version of OBD just displayed an indicator light on the dashboard in the case of a malfunction of a subsystem, subsequent advances have helped to establish a standardized communication port and a set of diagnostic troubleshooting codes.The global automotive on-board diagnostics market to grow at a CAGR of 15.55% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global automotive on-board diagnostics market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
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The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
Technavio's report, Global Automotive On-board Diagnostics (OBD) Market 2017-2021, 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 over the coming years. The report also includes a discussion of the key vendors operating in this market.
View Complete TOC with Tables and Figures at: https://www.researchmoz.us/global-automotive-on-board-diagnostics-obd-market-2017-2021-report.html/toc
Key vendors
- Autel
- Bosch Diagnostics
- Detroit Diesel
- Innova Electronics Corporation (IEC)
- Vector Informatik
Other prominent vendors
- Carvoyant
- CarShield Services
- dash
- Mojio
- VOXX International
- Zubie
Market driver
- Increase in adoption of UBI using OBD as measurement parameter
- For a full, detailed list, view our report
Market challenge
- Increase in cost for integration of telematics
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- 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?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of 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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