Market Overview:
The global automotive remote diagnostics market grew at a CAGR of around 13% during 2014-2019. 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.
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. Looking forward, IMARC Group expects the global automotive remote diagnostics market to continue its strong growth during the next five years.
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 for growth at the global, regional and country level from 2020-2025. Our report has categorized the market based on region, product type, connectivity, vehicle type and application.
Breakup by Product Type:
- 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:
- North America
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- 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.
Frequently Asked Questions:
The global automotive remote diagnostics market was worth around US$ 17 Billion in 2019.
According to the estimates by IMARC Group, the global automotive remote diagnostics market will exhibit strong growth during the next five years.
The rising demand for luxury and sports vehicles, along with extensive R&D activities for improving safety and security of the passengers, represent some of the key drivers for the global automotive remote diagnostics market.
The emergence of automated vehicles integrated with several advanced technologies, such as IoT and telematics, represents one of the key trends in the global automotive remote diagnostics market.
Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary closure of numerous automotive facilities, thereby hampering the market for automotive remote diagnostics.
On the basis of the product type, the market has been bifurcated into diagnostic equipment and software. Among these, diagnostic equipment holds the largest market share.
On the basis of the connectivity, the market has been classified into 3G, 4G LTE, Wi-Fi, and Bluetooth. At present, Bluetooth exhibits a clear dominance in the market.
On the basis of the vehicle type, the market has been classified into passenger cars and commercial vehicles. Currently, passenger cars account for the majority of the total market share.
Region-wise, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where North America dominates the global market.
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Automotive Remote Diagnostics Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Diagnostic Equipment
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Software
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Connectivity
7.1 3G
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 4G LTE
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Wi-Fi
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Bluetooth
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Vehicle Type
8.1 Passenger Cars
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Commercial Vehicles
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Application
9.1 Automatic Crash Notification
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Vehicle Tracking
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Vehicle Health Alert
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Roadside Assistance
9.4.1 Market Trends
9.4.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Aptiv PLC (BorgWarner Inc.)
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 AVL DiTEST GmbH (List Capital & Consulting GmbH)
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.3 Continental Aktiengesellschaft
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 Magneti Marelli S.p.A. (KKR & Co. Inc.)
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.5 Mercedes-Benz AG (Daimler AG)
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6 OnStar Corporation (General Motors Company)
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7 Robert Bosch GmbH (Robert Bosch Stiftung Gmbh)
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.7.4 SWOT Analysis
15.3.8 Snap-On Incorporated
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.8.4 SWOT Analysis
15.3.9 Softing AG
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.10 Tech Mahindra Limited (Mahindra Group)
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.10.4 SWOT Analysis
15.3.11 Vector Informatik GmbH
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
List of Figures
Figure 1: Global: Automotive Remote Diagnostics Market: Major Drivers and Challenges
Figure 2: Global: Automotive Remote Diagnostics Market: Sales Value (in Billion US$), 2014-2019
Figure 3: Global: Automotive Remote Diagnostics Market: Breakup by Product Type (in %), 2019
Figure 4: Global: Automotive Remote Diagnostics Market: Breakup by Connectivity (in %), 2019
Figure 5: Global: Automotive Remote Diagnostics Market: Breakup by Vehicle Type (in %), 2019
Figure 6: Global: Automotive Remote Diagnostics Market: Breakup by Application (in %), 2019
Figure 7: Global: Automotive Remote Diagnostics Market: Breakup by Region (in %), 2019
Figure 8: Global: Automotive Remote Diagnostics Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 9: Global: Automotive Remote Diagnostics (Diagnostic Equipment) Market: Sales Value (in Million US$), 2014 & 2019
Figure 10: Global: Automotive Remote Diagnostics (Diagnostic Equipment) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 11: Global: Automotive Remote Diagnostics (Software) Market: Sales Value (in Million US$), 2014 & 2019
Figure 12: Global: Automotive Remote Diagnostics (Software) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 13: Global: Automotive Remote Diagnostics (3G) Market: Sales Value (in Million US$), 2014 & 2019
Figure 14: Global: Automotive Remote Diagnostics (3G) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 15: Global: Automotive Remote Diagnostics (4G LTE) Market: Sales Value (in Million US$), 2014 & 2019
Figure 16: Global: Automotive Remote Diagnostics (4G LTE) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 17: Global: Automotive Remote Diagnostics (Wi-Fi) Market: Sales Value (in Million US$), 2014 & 2019
Figure 18: Global: Automotive Remote Diagnostics (Wi-Fi) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 19: Global: Automotive Remote Diagnostics (Bluetooth) Market: Sales Value (in Million US$), 2014 & 2019
Figure 20: Global: Automotive Remote Diagnostics (Bluetooth) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 21: Global: Automotive Remote Diagnostics (Passenger Cars) Market: Sales Value (in Million US$), 2014 & 2019
Figure 22: Global: Automotive Remote Diagnostics (Passenger Cars) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 23: Global: Automotive Remote Diagnostics (Commercial Vehicles) Market: Sales Value (in Million US$), 2014 & 2019
Figure 24: Global: Automotive Remote Diagnostics (Commercial Vehicles) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 25: Global: Automotive Remote Diagnostics (Automatic Crash Notification) Market: Sales Value (in Million US$), 2014 & 2019
Figure 26: Global: Automotive Remote Diagnostics (Automatic Crash Notification) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 27: Global: Automotive Remote Diagnostics (Vehicle Tracking) Market: Sales Value (in Million US$), 2014 & 2019
Figure 28: Global: Automotive Remote Diagnostics (Vehicle Tracking) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 29: Global: Automotive Remote Diagnostics (Vehicle Health Alert) Market: Sales Value (in Million US$), 2014 & 2019
Figure 30: Global: Automotive Remote Diagnostics (Vehicle Health Alert) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 31: Global: Automotive Remote Diagnostics (Roadside Assistance) Market: Sales Value (in Million US$), 2014 & 2019
Figure 32: Global: Automotive Remote Diagnostics (Roadside Assistance) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 33: North America: Automotive Remote Diagnostics Market: Sales Value (in Million US$), 2014 & 2019
Figure 34: North America: Automotive Remote Diagnostics Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 35: United States: Automotive Remote Diagnostics Market: Sales Value (in Million US$), 2014 & 2019
Figure 36: United States: Automotive Remote Diagnostics Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 37: Canada: Automotive Remote Diagnostics Market: Sales Value (in Million US$), 2014 & 2019
Figure 38: Canada: Automotive Remote Diagnostics Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 39: Asia Pacific: Automotive Remote Diagnostics Market: Sales Value (in Million US$), 2014 & 2019
Figure 40: Asia Pacific: Automotive Remote Diagnostics Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 41: China: Automotive Remote Diagnostics Market: Sales Value (in Million US$), 2014 & 2019
Figure 42: China: Automotive Remote Diagnostics Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 43: Japan: Automotive Remote Diagnostics Market: Sales Value (in Million US$), 2014 & 2019
Figure 44: Japan: Automotive Remote Diagnostics Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 45: India: Automotive Remote Diagnostics Market: Sales Value (in Million US$), 2014 & 2019
Figure 46: India: Automotive Remote Diagnostics Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 47: South Korea: Automotive Remote Diagnostics Market: Sales Value (in Million US$), 2014 & 2019
Figure 48: South Korea: Automotive Remote Diagnostics Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 49: Australia: Automotive Remote Diagnostics Market: Sales Value (in Million US$), 2014 & 2019
Figure 50: Australia: Automotive Remote Diagnostics Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 51: Indonesia: Automotive Remote Diagnostics Market: Sales Value (in Million US$), 2014 & 2019
Figure 52: Indonesia: Automotive Remote Diagnostics Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 53: Others: Automotive Remote Diagnostics Market: Sales Value (in Million US$), 2014 & 2019
Figure 54: Others: Automotive Remote Diagnostics Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 55: Europe: Automotive Remote Diagnostics Market: Sales Value (in Million US$), 2014 & 2019
Figure 56: Europe: Automotive Remote Diagnostics Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 57: Germany: Automotive Remote Diagnostics Market: Sales Value (in Million US$), 2014 & 2019
Figure 58: Germany: Automotive Remote Diagnostics Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 59: France: Automotive Remote Diagnostics Market: Sales Value (in Million US$), 2014 & 2019
Figure 60: France: Automotive Remote Diagnostics Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 61: United Kingdom: Automotive Remote Diagnostics Market: Sales Value (in Million US$), 2014 & 2019
Figure 62: United Kingdom: Automotive Remote Diagnostics Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 63: Italy: Automotive Remote Diagnostics Market: Sales Value (in Million US$), 2014 & 2019
Figure 64: Italy: Automotive Remote Diagnostics Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 65: Spain: Automotive Remote Diagnostics Market: Sales Value (in Million US$), 2014 & 2019
Figure 66: Spain: Automotive Remote Diagnostics Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 67: Russia: Automotive Remote Diagnostics Market: Sales Value (in Million US$), 2014 & 2019
Figure 68: Russia: Automotive Remote Diagnostics Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 69: Others: Automotive Remote Diagnostics Market: Sales Value (in Million US$), 2014 & 2019
Figure 70: Others: Automotive Remote Diagnostics Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 71: Latin America: Automotive Remote Diagnostics Market: Sales Value (in Million US$), 2014 & 2019
Figure 72: Latin America: Automotive Remote Diagnostics Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 73: Brazil: Automotive Remote Diagnostics Market: Sales Value (in Million US$), 2014 & 2019
Figure 74: Brazil: Automotive Remote Diagnostics Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 75: Mexico: Automotive Remote Diagnostics Market: Sales Value (in Million US$), 2014 & 2019
Figure 76: Mexico: Automotive Remote Diagnostics Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 77: Others: Automotive Remote Diagnostics Market: Sales Value (in Million US$), 2014 & 2019
Figure 78: Others: Automotive Remote Diagnostics Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 79: Middle East and Africa: Automotive Remote Diagnostics Market: Sales Value (in Million US$), 2014 & 2019
Figure 80: Middle East and Africa: Automotive Remote Diagnostics Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 81: Global: Automotive Remote Diagnostics Industry: SWOT Analysis
Figure 82: Global: Automotive Remote Diagnostics Industry: Value Chain Analysis
Figure 83: Global: Automotive Remote Diagnostics Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Automotive Remote Diagnostics Market: Key Industry Highlights, 2019 and 2025
Table 2: Global: Automotive Remote Diagnostics Market Forecast: Breakup by Product Type (in Million US$), 2020-2025
Table 3: Global: Automotive Remote Diagnostics Market Forecast: Breakup by Connectivity (in Million US$), 2020-2025
Table 4: Global: Automotive Remote Diagnostics Market Forecast: Breakup by Vehicle Type (in Million US$), 2020-2025
Table 5: Global: Automotive Remote Diagnostics Market Forecast: Breakup by Application (in Million US$), 2020-2025
Table 6: Global: Automotive Remote Diagnostics Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 7: Global: Automotive Remote Diagnostics Market Structure
Table 8: Global: Automotive Remote Diagnostics Market: Key Players