openPR Logo
Press release

Automotive Remote Diagnostic Market Foraying into Emerging Economies 2016-2026

01-17-2018 10:47 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Automotive Remote Diagnostic Market Foraying into Emerging

The successful integration and development of technologies such as telematics and Internet of Things is enabling end-users and OEMs to interact with each other, for offering better services and product to ensure comfortable and safe drive. With evolving consumer needs, the industry is seeing a resurge in demand for in-vehicle diagnostic technology. Automotive remote diagnostics technology is seeing a surge in the demand owing to its increasing adoption for passenger car application. The technology enables equipped vehicles to collect, diagnose and manage data of integral system and components so as to assess car performance and report any anomaly within. Remote diagnostic system encompasses a telematics unit and a processor which is connected to in-vehicle system component sensors and ECU. The unit mines and sorts data of each component and subsystem, relays it to a remote server or a data centre, which then either recommends a course of action or notifies the user about system failure, default and suggests preventive maintenance activities. The presence and increasing adoption of remote diagnostic vehicle products are reducing the gap within the value chain allowing the OEMs to interact directly with the end-user and offer better services.

Automotive Remote Diagnostic Market: Market Dynamics

The thriving global sales of hybrid and electric vehicle is one of the prime factors influencing the automotive remote diagnostic market. Pivotal focus of OEMs towards integration of telematics technology is aiding in the growth of remote diagnostic equipment. One of the key markets aiding in the development and growth of the automotive remote diagnostic market is transport and logistics. Automotive remote diagnostic devices being used for the efficiency of fleet tracking, service & management, emerging markets are expected to create lucrative opportunities for manufactures during the forecast period. Additional cost of installation, and services are expected to act as a deterrent for different end-users in relatively new markets.

Request For Report Sample@

Automotive Remote Diagnostic Market: Segmentation

The Automotive Remote Diagnostic market can be segmented on the basis of product type, vehicle type and application

Automotive remote diagnostic market is segmented on the basis of product type as:

Diagnostic equipment


On the basis of vehicle type the automotive remote diagnostic market is segmented as:

Passenger Cars

Light Commercial Vehicle

Heavy Commercial Vehicle

By application, the automotive remote diagnostic market is segmented as:

Vehicle System and Component Access

Vehicle Health Tracking & Diagnosis

Service assistance

Automotive Remote Diagnostic Market: Regional Outlook

The automotive remote diagnostic market can also be segmented on the basis of region, as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific ex. Japan, Middle East & Africa and Japan. Although the technology has existed since long, in 2015 only Western Europe and North America accounted for the major contribution in terms of revenue, with U.S spearheading the automotive remote diagnostic market followed by Germany, France, Spain and Italy. Though the market is at a nascent stage in other regions, high value growth in terms of OEM sales is anticipated to drive the automotive remote diagnostic market in APEJ, Latin America, and Middle East and Africa respectively. Sustainable demand from the proliferating automotive markets of India and China are expected to boost the revenue projection of automotive remote diagnostic market in the APEJ region. The increasing penetration of electric and hybrid cars into the mainstream vehicle PARC is also initiating a high demand for automotive remote diagnostic equipment in Japan and other neighbouring ASEAN countries. The escalating passenger car sales in Brazil, Mexico, Argentina and Columbia is expected to create significant opportunities for the Latin America automotive remote diagnostic market. Similarly the escalating sale of light commercial and heavy commercial vehicles in the emerging automotive industry in GCC, Iran and South Africa is expected to fuel the growth of the automotive remote diagnostic market in the Middle East.

Request For Report Table of Content (TOC):

Automotive Remote Diagnostic Market: Market Participants

Examples of some of the market participants in the global automotive remote diagnostic market identified across the value chain include Robert Bosch GmbH, Continental AG, OnStar LLC, VectorInformatik, Vidiwave Ltd., Tech Mahindra Limited, Verizon Enterprise, Transics, INmatix Technology Group , ACTIA Group among other participants.

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705

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 Automotive Remote Diagnostic Market Foraying into Emerging Economies 2016-2026 here

News-ID: 904233 • Views: 92

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases

More Releases for Automotive

Automotive Sunroof Market
Automotive Sunroof is a fixed or operable opening in vehicle that allows light or fresh air to enter inside a car. Sunroof are of many shapes and sizes and styles and they are either manually driver or motor driven. Increasing demand for premium cars and growing need to control light inside the vehicle is fueling the growth of automotive sunroof market. The major driver influencing the growth of automotive sunroof is
Automotive MEMS Sensor
The Insight Partners added “Laser Technology Market to 2025” to its research database. The report is spread across 150 pages and supported by 10 company leaders. A laser is a coherent and focused beam of photons; coherent, in this context, means that it is all one wavelength, unlike ordinary light which showers on us in many wavelengths. Laser technology is used for an extensive range of professional field measurement applications which
Automotive Air Filter Market
An automotive air filter is a device that is made up of fibrous materials that removes solid particulates like pollen, dust, bacteria, and mould from the intake air. A chemical type of air filter consist of a catalyst or absorbent for removing molecular contaminants like ozone or volatile organic compounds. Air filters are being used in applications where air quality is of vital importance, notably in building ventilation systems and
Automotive Fasteners Market
Fasteners are the mechanical components that holds, joins or affixes two or more parts together, automotive industry is the largest market for the fastener. Automotive fasteners are made up of various materials such as Iron, Aluminum, Brass, Nickel, Stainless steel, Plastic, they are further classified with their distinct characteristics. Automotive fasteners are generally used for the clamping parts of vehicle together to avoid their separation or wobbling, transmitting loads as
Automotive Tires Market
The automotive tires play a very important role in vehicle performance along with the vehicle engine. A tire should be fine enough to carry vehicle weight and pressure on any road with superior breaking performances. The manufacturers focus on enhancing the production and performance capabilities of tires to meet with the growing demands of OEMs as well as secondary market.The automotive tires market is expected to grow rapidly in the
Automotive Actuators Market 2017 - AK, FTE automotive’s Automotive Actuators market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market. Request for sample @ The Players mentioned in our report AK FTE automotive The report includes the forecasts, Analysis and discussion of important industry trends,