Global Automotive Remote Diagnostics Market Overview:
The important players in the automotive remote diagnostics market report globally are Continental AG, Delphi Automotive PLC, Robert Bosch GmbH, Vector Informatik, Onstar LLC, Snap-On Inc., Softing AG, Magneti Marelli, VOXX International Corporation, and Vidiwave Ltd.
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The growing integration of technology with automobiles has garnered extensive popularity, which is instrumental in boosting car sales also. Market reports linked to the automobile industry have been offered by Market Research Future which makes reports on other industry verticals that aims to study the current market scenarios better. The market is anticipated to expand with a CAGR of 16.90% in the period of the forecast.
The digital aspects of an automobile have grown substantially due to the reliance on the use of such technologies by end users. The escalated awareness regarding the importance of automotive diagnostics and the role they play in ensuring the safety and security of passengers is leading to improved demand in the market. The market for automotive remote diagnostics is anticipated to profit from the incorporation of mobile phones with telematics systems which will also create excellent growth prospects in the forecast period.
The analysis of the automotive remote diagnostics market on the basis of the segments is carried out on the basis of vehicle type, application, connectivity, and region. On the basis of vehicle type, the automotive remote diagnostics market is segmented into passenger vehicle and commercial vehicle. Based on application, the automotive remote diagnostics market is segmented into vehicle tracking, automatic crash notification, vehicle health alert, and roadside assistance. On the basis of connectivity, the automotive remote diagnostics market is segmented into 4G LTE, 3G, Wi-Fi, and Bluetooth. The regions included in the automotive remote diagnostics market are North America, Asia Pacific, Europe and the rest of the world.
Detailed Regional Analysis:
The regional analysis of the automotive remote diagnostics market consists of regions such as North America, Asia Pacific, Europe and the rest of the world. The North America region has the principal share of the automotive remote diagnostics market. Similarly, the Asia Pacific region is anticipated to develop at the highest CAGR throughout the forecast period. This region is principally directed by nations such as China and India owing to the growing population, collective per capita income, progressing living standards, which are growing the demand for purchase of high-end vehicles. These factors are expected to motivate the market of automotive remote diagnostics significantly.
The commencement of new technology is furthering the growth capability of the market. The market has the elements for displaying a better comparative or differential value. The market trends imply advantageous growth of the products that can bring in improvement to the product range and tackle the customer need better. The incidence of productive units is projected to generate more sales or greater margins as compared to its market adversaries. Considerable reductions in administrative finances are bringing more developments to the market. The making of a strong value chain is additionally encouraging the development of the market. The market contestants find themselves in a promising position with the capacity to handle the pace of change.
Jan 2019 Parker Hannifin, which is an international leader in motion and control technologies, has gained business agreement to provide electronic control systems created on its IQAN-MC4 Master Controller family with Greek waste management equipment manufacturer Kaoussis. The relevance of the offering is to the Kaoussis RCV (Refuge Collecting Vehicle) truck range and offers a solution to their requirement for a remote log and diagnostics system.
Oct 2018 Volvo Trucks North America is consolidating its uptime-boosting services through a new collaboration with global analytics supplier SAS. Volvo expects the new relationship to enhance its remote diagnostics vehicle telematics system with a progressive analytics platform created by SAS.
TABLE OF CONTENTS:
- REPORT PROLOGUE
- SCOPE OF THE STUDY
- RESEARCH OBJECTIVE
- MARKET STRUCTURE
- MARKET SEGMENTATION
- RESEARCH METHODOLOGY
- RESEARCH PROCESS
- PRIMARY RESEARCH
- SECONDARY RESEARCH
- MARKET SIZE ESTIMATION
- FORECAST MODEL
- MARKET DYNAMICS
- DRIVERS & OPPORTUNITIES
- CHALLENGES & RESTRAINTS
- VALUE CHAIN ANALYSIS
- PORTER’S FIVE FORCES ANALYSIS
LIST OF TABLES:
Table 1 Global Automotive Remote Diagnostics Market: By Vehicle Type, 2014-2022 (USD Billion)
Table 2 Commercial Vehicle: Automotive Remote Diagnostics Market, By Region, 2014-2022 (USD Billion)
Table 3 Passenger Vehicle : Automotive Remote Diagnostics Market, By Region, 2014-2022 (USD Billion)
Table 4 Global Automotive Remote Diagnostics Market: By Application, 2014-2022 (USD Billion)
Table 5 Automatic Crash Notification: Automotive Remote Diagnostics Market, By Region, 2014-2022 (USD Billion)
LIST OF FIGURES:
FIGURE 1 Global Automotive Remote Diagnostics Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis Of Global Automotive Remote Diagnostics Market
FIGURE 4 Value Chain Of Global Automotive Remote Diagnostics Market
FIGURE 5 Global Automotive Remote Diagnostics Market: By Vehicle Type, 2014-2022 (USD Billion)
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