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Remote Vehicle Diagnostics Market Report

RA00135

Remote Vehicle Diagnostics Market, by Vehicle Type (Passenger Cars, Light Commercial Vehicle and Medium & Heavy Commercial Vehicle), Connectivity Type (Mobile Network, Wi-Fi and Bluetooth), Regional Outlook (North America, Europe, Asia-Pacific, LAMEA): Global Opportunity Analysis and Industry Forecast, 2019–2026

RA00135

Pages: NA

Mar 2020

COVID-19

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Impact of covid-19 on Remote Vehicle Diagnostics Market

Global Remote Vehicle Diagnostics Market Overview 2026:

Remote vehicles diagnostics are the system designed for remote diagnostic, monitoring and tracking of the vehicles. The remote vehicles diagnostics gives protection to the vehicle with the detection of unauthorized movement and theft of vehicles. With the help of remote vehicles diagnostics, one can completely observe the vehicle by assimilating all the sensors. Remote vehicle diagnostics can easily monitor the speed of the vehicles, engine RPM, fuel level and temperature of the engine and many more. The remote vehicle diagnostic is a self-containing complete security system to monitor and protect vehicles in all the aspects. The remote vehicle diagnostics are the sensors used at doors, hood or trunk of the vehicles which provide security for the interior as well as for the exterior of the vehicles from the trespassers. The vehicle diagnostics can be performed automatically with the help of a portable computing device.

Market Driver: Increase in the use of Electric bikes is predicted to drive the market

The rise in the electric, hybrid vehicles and rise in the awareness of the remote vehicles diagnostics is predicted to drive the market. The remote vehicle diagnostics has become largely important for improving vehicle performance and safety. Remote vehicle diagnostics help in measuring current & voltages in electric vehicles, which fluctuate constantly and are hence required to be monitored regularly. The need for the remote vehicle diagnostic is also predicted to increase which ensures safety of vehicles with the rise in the demand for the electric vehicles.

Data breach is considered to be a major restraint for the market

The data security and the privacy concern is predicted to be a major restraint for the remote vehicle diagnostics market. As the remote vehicle diagnostics is connected with the personal information of the user via networks or any other connected devices to provide the real time information of the vehicle to the user, there are high chances of data breach and privacy concern which will eventually hamper to the growth of the market. The requirement to provide real time information will result to threat in the cybersecurity, and this is predicted to hamper the business

Remote Vehicle Diagnostics Market, by Vehicle Type:

Passenger car segment type is predicted to boost to the overall market

Passenger car is predicted to dominate the market share across the globe in the vehicles type segment in the forecast period. With the rising demand of the passenger car and rise in the production of the total units globally is predicted to boost the passenger car segment in the remote vehicle diagnostics market in the forecast period. In addition, the advancement in enhanced electric technology for the electric passenger car is also predicted to escalate the remote vehicle diagnostics market over the forecast period. For instance, the remote vehicle diagnostic is widely used in the transmission, engine and onboard diagnostic and with the development of sensors in the body control systems which includes the application of sensors in steering, suspension, braking and stability that improves the comfort to the user and gives the accessibility to monitor the vehicle with all the aspects.

Remote Vehicle Diagnostics Market, by Connectivity Type:

Bluetooth-based vehicle diagnostic system is predicted to be the most lucrative till 2026

Bluetooth segment is predicted to grow immensely in the forecast period. The Bluetooth segment is predicted to grow with the increase in the in-car connections between dashboard and various connectivity devices such as mobile phone, tablets, and laptops. The demand for the Bluetooth segment is predicted to increase as Bluetooth has the various features like infotainment, navigation and diagnostic within the vehicles due to which it has enhanced the demand for the Bluetooth-based vehicle diagnostic system which will further drive the market in the forecast period.

Remote Vehicle Diagnostics Market, by Region:

Europe possesses great investment opportunities for the investors to witness the most promising growth in the coming years

The Europe market for remote vehicle diagnostics is predicted to have an enormous share in the forecast period. The region is predicted to grow with the increase in the adoption and the implementation of connected services across the vehicle application. In addition, the rise in the sale of the commercial and luxury vehicles across the region is driving the demand for the automotive remote diagnostics among the original equipment manufacturer (OEM) and aftermarket player across the region. The Asia-Pacific market for remote vehicle diagnostics is predicted to boost with the increasing adoption and growing development in the product is expected to increase the market for remote vehicle diagnostics in the forecast period. In addition, due to the stringent rules and regulation by government for vehicle emission and safety is also predicted to boost the market for remote vehicle diagnostics in the forecast period.

Key Participants in the Remote Vehicle Diagnostics Market:

The major key players in the remote vehicle diagnostics market are Magneti Marelli, Mercedes Benz, OnStar Operations, Harman International, Continental AG, Delphi Automotive and Robert Bosch GmbH among others.
 

Aspect

Particulars

  Historical Market Estimations

  2018-2019

  Base Year for Market Estimation

  2018

  Forecast timeline for Market Projection

  2019-2026

  Geographical Scope

  North America, Europe, Asia-Pacific, LAMEA

  Segmentation by Vehicle Type

  • Passenger Cars
  • Light Commercial Vehicle
  • Medium & Heavy Commercial Vehicle

  Segmentation by Connectivity Type

  • Mobile Network
  • Wi-Fi
  • Bluetooth

  Key Countries Covered

U.S., Canada, Germany, France, UK, Italy, Japan, China, India, South Korea, Australia, Middle East, Africa

  Key Companies Profiled

  • Tolomatic Inc.,
  • Parker Hannifin Corporation
  • Kollmorgen
  • LINAK
  • Thomson Industries, Inc.
  • Festo
  • ROLLON Corp.
  • HepcoMotion

 


FREQUENTLY ASKED QUESTIONS?
 

A. Parker Hannifin Corporation and Thomson Industries, Inc. are some of the key players in the global Remote Vehicles Diagnostics.

A. North America possesses great investment opportunities for the investors to witness the most promising growth in the coming years.

A. Product development is the key strategies opted by the operating companies in this Remote Vehicles Diagnostics.

A. Thomson Industries, Inc. is the company investing more on R&D activities for developing new products and technologies.

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