The report is titled as ‘Remote Vehicle Diagnostics Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the remote vehicle diagnostics market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Remote vehicle diagnostics market is expected to grow at a significant rate in the near future.
The global remote vehicle diagnostics market in 2020 is estimated for more than US$ xx Bn and expected to reach a value of US$ xx Bn by 2028 with a significant CAGR of 16.2%.
Remote vehicle Diagnostics solution depicts the health status of the vehicle and informs the user about the root cause of the problems or failures penetrating in the vehicle. This technology provides real-time information about the performance of vehicles against their benchmarks. The solution can be used for monitoring the health of commercial vehicles, electric vehicles along utility vehicles. This technology also provides effective health planning of the vehicle, reduces the service time, avoids the damage of the cascading parts, and reduces vehicle downtime.
Factors like increasing prevalence for improving the vehicle's performance and collection of relevant information, growing demand for comfort and luxury along with stringent regulation and norms for emissions are responsible for driving the growth of this market.
Furthermore, the advancements and research and development activities in existing Technologies couple with benefits for insurance companies are also increasing the demand for remote vehicle diagnostics. However, the availability of cheaper devices in the aftermarket is the major challenge for this technology.
The global remote vehicle diagnostics market is expected to increase at a significant CAGR over the forecast period owing to the launch of self-driving vehicles, the need for vehicle tracking, and analysis of a trip summary and technical advancements. In addition, the increasing count of the electric vehicles is also propelling the growth of this market.
Global remote vehicle diagnostics market is mainly dominated by Continental AG, Delphi Automotive PLC, Magneti Marelli S.p.A., Mercedes-Benz, OnStar LLC, Robert Bosch GmbH, Softing AG, Vector Informatik GmbH, Vidiwave Ltd. and Voxx International Corporation.
The global remote vehicle diagnostics market is segmented on the basis of vehicle type, application, connectivity, and region.
On the basis of vehicle type, the global remote vehicle diagnostics market can be segmented into passenger vehicles and commercial vehicles. On the basis of application, the global remote vehicle diagnostics market can be segmented into crash notification, roadside assistance, training assistance, vehicle state alert, vehicle tracking and others. On the basis of connectivity, the global remote vehicle diagnostics market can be segmented into Bluetooth, 3G/4G, and Wi-Fi.
On the basis of region, the global remote vehicle diagnostics market is segmented into six regions namely North America, Latin America, Asia Pacific, Europe, Middle East, and Africa. North America remote vehicle diagnostics market is expected to be the most dominating market throughout the forecast period. Factors like increasing count of personal vehicles, strict norms for the safety of vehicles and fuel economy standards are preparing the growth of remote vehicle diagnostics market. In addition, the growing trend of hi-tech devices in cars along with growing opportunities for telematics service providers and introduction of real driving emissions test is also increasing the demand this technology. This market is obstructed by the increasing data security concerns.
The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give better opportunity for the customers to put their effort.
A research report on the Remote Vehicle Diagnostics market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that supports market and the factors that are acting as impedance for the growth of the market.
Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
• New product designs and launches
• Current product compliance
• Reimbursement
• Concerns for use of Remote Vehicle Diagnostics
• Advantages of Remote Vehicle Diagnostics
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates and market expansion plans are considered to generate market share in the global market.
1. Global Remote Vehicle Diagnostics Market Report Overview
1.1. Introduction
1.2. Report Description
1.3. Methodology
2. Global Remote Vehicle Diagnostics Market Overview
2.1. Introduction
2.1.1. Market Definition
2.1.2. Market Taxonomy
2.2. Executive Summary
2.3. Global Remote Vehicle Diagnostics Market Snapshot
2.4. Global Remote Vehicle Diagnostics Market Size and Forecast, 2020–2028
2.4.1. Introduction
2.4.2. Market Value Forecast and Annual Growth Rate (AGR) Comparison (2018–2026)
2.5. Global Remote Vehicle Diagnostics Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunity
2.5.4. Trends
2.6. Key Regulations
2.7. Porter’s Five Forces Model
3. Global Remote Vehicle Diagnostics Market, By Vehicle Type
3.1. Introduction
3.1.1. Annual Growth Rate Comparison, By Vehicle Type
3.1.2. BPS Analysis, By Vehicle Type
3.2. Market Revenue (US$Mn) Forecast, By Vehicle Type
3.2.1. Commercial Vehicles
3.2.2. Passenger Vehicles
3.3. Global Remote Vehicle Diagnostics Market Attractiveness Index, By Vehicle Type
4. Global Remote Vehicle Diagnostics Market, By Application
4.1. Introduction
4.1.1. Annual Growth Rate Comparison, By Application
4.1.2. BPS Analysis, By Application
4.2. Market Revenue (US$Mn) Forecast, By Application
4.2.1. Roadside Assistance
4.2.2. Vehicle Tracking
4.2.3. Vehicle State Alert
4.2.4. Crash Notification
4.2.5. Training Assistance
4.2.6. Others
4.3. Global Remote Vehicle Diagnostics Market Attractiveness Index, By Application
5. Global Remote Vehicle Diagnostics Market, By Connectivity
5.1. Introduction
5.1.1. Annual Growth Rate Comparison, By Connectivity
5.1.2. BPS Analysis, By Connectivity
5.2. Market Revenue (US$Mn) Forecast, By Connectivity
5.2.1. Bluetooth
5.2.2. 3G/4G
5.2.3. Wi-Fi
5.3. Global Remote Vehicle Diagnostics Market Attractiveness Index, By Connectivity
6. Global Remote Vehicle Diagnostics Market, By Region
6.1. Introduction
6.1.1. Annual Growth Rate Comparison, By Region
6.1.2. BPS Analysis, By Region
6.2. Market Revenue (US$Mn) Forecast, By Region
6.2.1. North America
6.2.2. Latin America
6.2.3. Europe
6.2.4. Asia Pacific
6.2.5. Middle East
6.2.6. Africa
6.3. Global Remote Vehicle Diagnostics Market Attractiveness Index, By Region
7. North America Remote Vehicle Diagnostics Market Analysis and Forecast, 2020–2028
7.1. Introduction
7.1.1. Annual Growth Rate Comparison, By Country
7.1.2. BPS Analysis, By Country
7.2. Market Revenue (US$Mn) Forecast, By Country
7.2.1. U.S. Remote Vehicle Diagnostics Market
7.2.2. Canada Remote Vehicle Diagnostics Market
7.3. North America Remote Vehicle Diagnostics Market, By Vehicle Type
7.3.1. Commercial Vehicles
7.3.2. Passenger Vehicles
7.4. North America Remote Vehicle Diagnostics Market, By Application
7.4.1. Roadside Assistance
7.4.2. Vehicle Tracking
7.4.3. Vehicle State Alert
7.4.4. Crash Notification
7.4.5. Training Assistance
7.4.6. Others
7.5. North America Remote Vehicle Diagnostics Market, By Connectivity
7.5.1. Bluetooth
7.5.2. 3G/4G
7.5.3. Wi-Fi
7.6. North America Remote Vehicle Diagnostics Market Attractiveness Index
7.6.1. By Country
7.6.2. By Vehicle Type
7.6.3. By Application
7.6.4. By Connectivity
8. Latin America Remote Vehicle Diagnostics Market Analysis and Forecast, 2020–2028
8.1. Introduction
8.1.1. Annual Growth Rate Comparison, By Country
8.1.2. BPS Analysis, By Country
8.2. Market (US$Mn) Forecast, By Country
8.2.1. Brazil Remote Vehicle Diagnostics Market
8.2.2. Mexico Remote Vehicle Diagnostics Market
8.2.3. Argentina Remote Vehicle Diagnostics Market
8.2.4. Rest Of Latin America Remote Vehicle Diagnostics Market
8.3. Latin America Remote Vehicle Diagnostics Market, By Vehicle Type
8.3.1. Commercial Vehicles
8.3.2. Passenger Vehicles
8.4. Latin America Remote Vehicle Diagnostics Market, By Application
8.4.1. Roadside Assistance
8.4.2. Vehicle Tracking
8.4.3. Vehicle State Alert
8.4.4. Crash Notification
8.4.5. Training Assistance
8.4.6. Others
8.5. Latin America Remote Vehicle Diagnostics Market, By Connectivity
8.5.1. Bluetooth
8.5.2. 3G/4G
8.5.3. Wi-Fi
8.6. Latin America Remote Vehicle Diagnostics Market Attractiveness Index
8.6.1. By Country
8.6.2. By Vehicle Type
8.6.3. By Application
8.6.4. By Connectivity
9. Europe Remote Vehicle Diagnostics Market Analysis and Forecast, 2020–2028
9.1. Introduction
9.1.1. Annual Growth Rate Comparison, By Country
9.1.2. BPS Analysis, By Country
9.2. Market (US$Mn) Forecast, By Country
9.2.1. U.K. Remote Vehicle Diagnostics Market
9.2.2. Germany Remote Vehicle Diagnostics Market
9.2.3. Italy Remote Vehicle Diagnostics Market
9.2.4. France Remote Vehicle Diagnostics Market
9.2.5. Spain Remote Vehicle Diagnostics Market
9.2.6. Russia Remote Vehicle Diagnostics Market
9.2.7. Poland Remote Vehicle Diagnostics Market
9.2.8. BENELUX Remote Vehicle Diagnostics Market
9.2.9. NORDIC Remote Vehicle Diagnostics Market
9.2.10. Rest Of Europe Remote Vehicle Diagnostics Market
9.3. Europe Remote Vehicle Diagnostics Market, By Vehicle Type
9.3.1. Commercial Vehicles
9.3.2. Passenger Vehicles
9.4. Europe Remote Vehicle Diagnostics Market, By Application
9.4.1. Roadside Assistance
9.4.2. Vehicle Tracking
9.4.3. Vehicle State Alert
9.4.4. Crash Notification
9.4.5. Training Assistance
9.4.6. Others
9.5. Europe Remote Vehicle Diagnostics Market, By Connectivity
9.5.1. Bluetooth
9.5.2. 3G/4G
9.5.3. Wi-Fi
9.6. Europe Remote Vehicle Diagnostics Market Attractiveness Index
9.6.1. By Country
9.6.2. By Vehicle Type
9.6.3. By Application
9.6.4. By Connectivity
10. Asia Pacific Remote Vehicle Diagnostics Market Analysis and Forecast, 2020–2028
10.1. Introduction
10.1.1. Annual Growth Rate Comparison, By Country
10.1.2. BPS Analysis, By Country
10.2. Market (US$Mn) Forecast, By Country
10.2.1. China Remote Vehicle Diagnostics Market
10.2.2. India Remote Vehicle Diagnostics Market
10.2.3. Japan Remote Vehicle Diagnostics Market
10.2.4. Australia And New Zealand Remote Vehicle Diagnostics Market
10.2.5. South Korea Remote Vehicle Diagnostics Market
10.2.6. ASEAN Remote Vehicle Diagnostics Market
10.2.7. Rest Of Asia Pacific Remote Vehicle Diagnostics Market
10.3. Asia Pacific Remote Vehicle Diagnostics Market, By Vehicle Type
10.3.1. Commercial Vehicles
10.3.2. Passenger Vehicles
10.4. Asia Pacific Remote Vehicle Diagnostics Market, By Application
10.4.1. Roadside Assistance
10.4.2. Vehicle Tracking
10.4.3. Vehicle State Alert
10.4.4. Crash Notification
10.4.5. Training Assistance
10.4.6. Others
10.5. Asia Pacific Remote Vehicle Diagnostics Market, By Connectivity
10.5.1. Bluetooth
10.5.2. 3G/4G
10.5.3. Wi-Fi
10.6. Asia Pacific Remote Vehicle Diagnostics Market Attractiveness Index
10.6.1. By Country
10.6.2. By Vehicle Type
10.6.3. By Application
10.6.4. By Connectivity
11. Middle East Remote Vehicle Diagnostics Market, By Region
11.1. Introduction
11.1.1. Annual Growth Rate Comparison, By Country
11.1.2. BPS Analysis, By Country
11.2. Market (US$Mn) Forecast, By Country
11.2.1. GCC Countries Remote Vehicle Diagnostics Market
11.2.2. Israel Remote Vehicle Diagnostics Market
11.2.3. Oman Remote Vehicle Diagnostics Market
11.2.4. Rest Of Middle East Remote Vehicle Diagnostics Market
11.3. Middle East Remote Vehicle Diagnostics Market, By Vehicle Type
11.3.1. Commercial Vehicles
11.3.2. Passenger Vehicles
11.4. Middle East Remote Vehicle Diagnostics Market, By Application
11.4.1. Roadside Assistance
11.4.2. Vehicle Tracking
11.4.3. Vehicle State Alert
11.4.4. Crash Notification
11.4.5. Training Assistance
11.4.6. Others
11.5. Middle East Remote Vehicle Diagnostics Market, By Connectivity
11.5.1. Bluetooth
11.5.2. 3G/4G
11.5.3. Wi-Fi
11.6. Middle East Remote Vehicle Diagnostics Market Attractiveness Index
11.6.1. By Country
11.6.2. By Vehicle Type
11.6.3. By Application
11.6.4. By Connectivity
12. Africa Remote Vehicle Diagnostics Market, By Region
12.1. Introduction
12.1.1. Annual Growth Rate Comparison, By Country
12.1.2. BPS Analysis, By Country
12.2. Market (US$Mn) Forecast, By Country
12.2.1. South Africa Remote Vehicle Diagnostics Market
12.2.2. Egypt Remote Vehicle Diagnostics Market
12.2.3. North Africa Remote Vehicle Diagnostics Market
12.2.4. Rest Of Africa Remote Vehicle Diagnostics Market
12.3. Africa Remote Vehicle Diagnostics Market, By Vehicle Type
12.3.1. Commercial Vehicles
12.3.2. Passenger Vehicles
12.4. Africa Remote Vehicle Diagnostics Market, By Application
12.4.1. Roadside Assistance
12.4.2. Vehicle Tracking
12.4.3. Vehicle State Alert
12.4.4. Crash Notification
12.4.5. Training Assistance
12.4.6. Others
12.5. Africa Remote Vehicle Diagnostics Market, By Connectivity
12.5.1. Bluetooth
12.5.2. 3G/4G
12.5.3. Wi-Fi
12.6. Africa Remote Vehicle Diagnostics Market Attractiveness Index
12.6.1. By Country
12.6.2. By Vehicle Type
12.6.3. By Application
12.6.4. By Connectivity
13. Recommendation
13.1. Market Strategy
14. Competitive Landscape
14.1. Competition Dashboard
14.2. List and Company Overview of Global Key Players
14.3. Company Profiles
14.3.1. Continental AG
14.3.1.1. Company Overview
14.3.1.2. Financial Overview
14.3.1.3. Product Portfolio
14.3.1.4. Key Developments
14.3.1.5. Business Strategies
14.3.2. Delphi Automotive PLC
14.3.3. Magneti Marelli S.p.A.
14.3.4. Mercedes-Benz
14.3.5. OnStar LLC
14.3.6. Robert Bosch GmbH
14.3.7. Softing AG
14.3.8. Vector Informatik GmbH
14.3.9. Vidiwave Ltd.
14.3.10. Voxx International Corporation
15. Acronyms