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Automotive Remote Diagnostics Market Report by Product Type (Diagnostic Equipment, Software), Connectivity (3G, 4G LTE, Wi-Fi, Bluetooth), Vehicle Type (Passenger Cars, Commercial Vehicles), Application (Automatic Crash Notification, Vehicle Tracking, Vehicle Health Alert, Roadside Assistance), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A2495
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Market Overview:
The global automotive remote diagnostics market size reached US$ 13.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 48.8 Billion by 2032, exhibiting a growth rate (CAGR) of 14.8% during 2024-2032.
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Report Attribute
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Key Statistics
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|---|---|
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Base Year
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2023
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|
Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 13.6 Billion |
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Market Forecast in 2032
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US$ 48.8 Billion |
| Market Growth Rate 2024-2032 | 14.8% |
Automotive remote diagnostics refers to an automobile system that enables the monitoring of vehicles through a wireless network. The diagnostic equipment is connected to a 3G, 4G or Wi-Fi-based platform that operates and records the data regarding vehicle health. The data is further analyzed by computer software to provide useful insights. This aids in assessing vehicle performance in real-time, minimizing the service time and preventing further failures. As a result, it is commonly used in passenger and commercial vehicles for automatic crash notification, vehicle location tracking, roadside assistance and vehicle health alert system.
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Automotive Remote Diagnostics Market Trends:
Significant growth in the automotive industry represents as one of the key factors driving the growth of the market. Furthermore, increasing emphasis of original equipment manufacturers (OEMs) on the improvement of vehicle performance and collection of relevant data is also driving the market growth. The adoption of automotive remote diagnostics aids in significantly minimizing service downtime and effectively predicting component defects. In line with this, the increasing demand for electric and hybrid vehicles (E/HVs) is also contributing to the market growth. Additionally, various technological advancements, such as the integration of the Internet of Things (IoT) and telematics, are acting as other growth-inducing factors. These technologies enable users to interact with the connected car eco-systems to offer an improved and comfortable driving experience. Other factors, including the rising demand for luxury and sports vehicles, along with extensive research and development (R&D) activities on improving safety and security of the passengers, are anticipated to drive the market further.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global automotive remote diagnostics market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on product type, connectivity, vehicle type and application.
Breakup by Product Type:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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- Diagnostic Equipment
- Software
Breakup by Connectivity:
- 3G
- 4G LTE
- Wi-Fi
- Bluetooth
Breakup by Vehicle Type:
- Passenger Cars
- Commercial Vehicles
Breakup by Application:
- Automatic Crash Notification
- Vehicle Tracking
- Vehicle Health Alert
- Roadside Assistance
Breakup by Region:
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- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Aptiv PLC (BorgWarner Inc.), AVL DiTEST GmbH (List Capital & Consulting GmbH), Continental Aktiengesellschaft, Magneti Marelli S.p.A. (KKR & Co. Inc.), Mercedes-Benz AG (Daimler AG), OnStar Corporation (General Motors Company), Robert Bosch GmbH (Robert Bosch Stiftung Gmbh), Snap-On Incorporated, Softing AG, Tech Mahindra Limited (Mahindra Group) and Vector Informatik GmbH.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Billion |
| Segment Coverage | Product Type, Connectivity, Vehicle Type, Application, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | Aptiv PLC (BorgWarner Inc.), AVL DiTEST GmbH (List Capital & Consulting GmbH), Continental Aktiengesellschaft, Magneti Marelli S.p.A. (KKR & Co. Inc.), Mercedes-Benz AG (Daimler AG), OnStar Corporation (General Motors Company), Robert Bosch GmbH (Robert Bosch Stiftung Gmbh), Snap-On Incorporated, Softing AG, Tech Mahindra Limited (Mahindra Group) and Vector Informatik GmbH |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global automotive remote diagnostics market was valued at US$ 13.6 Billion in 2023.
We expect the global automotive remote diagnostics market to exhibit a CAGR of 14.8% during 2024-2032.
The rising applications of automotive remote diagnostics across passenger and commercial vehicles to aid in assessing vehicle performance in real-time, minimizing the service time, and preventing further failures are primarily driving the global automotive remote diagnostics market.
The sudden outbreak of the COVID-19 pandemic has led to the growing demand for automotive remote diagnostics solution that enables the monitoring of vehicles through a wireless network.
Based on the product type, the global automotive remote diagnostics market has been segregated into diagnostic equipment and software. Currently, diagnostic equipment accounts for the majority of the total market share.
Based on the connectivity, the global automotive remote diagnostics market can be divided into 3G, 4G LTE, Wi-Fi, and Bluetooth. Among these, 4G LTE currently exhibits a clear dominance in the market.
Based on the vehicle type, the global automotive remote diagnostics market has been segmented into passenger cars and commercial vehicles. Currently, passenger cars hold the majority of the global market share.
Based on the application, the global automotive remote diagnostics market can be bifurcated into
automatic crash notification, vehicle tracking, vehicle health alert, and roadside assistance. Among these, vehicle tracking currently accounts for the largest market share.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where Europe currently dominates the global market.
Some of the major players in the global automotive remote diagnostics market include Aptiv PLC (BorgWarner Inc.), AVL DiTEST GmbH (List Capital & Consulting GmbH), Continental Aktiengesellschaft, Magneti Marelli S.p.A. (KKR & Co. Inc.), Mercedes-Benz AG (Daimler AG), OnStar Corporation (General Motors Company), Robert Bosch GmbH (Robert Bosch Stiftung Gmbh), Snap-On Incorporated, Softing AG, Tech Mahindra Limited (Mahindra Group), and Vector Informatik GmbH.
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