Remote Diagnostics Devices Market share research by applications and regions for 2017-2024 - PowerPoint PPT Presentation

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Remote Diagnostics Devices Market share research by applications and regions for 2017-2024

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More Information @ Rising demand for luxury passenger cars, increasing sales of premium vehicle, and need for emergency support will further escalate the growth of remote diagnostic devise market till 2024. – PowerPoint PPT presentation

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Title: Remote Diagnostics Devices Market share research by applications and regions for 2017-2024


1
Remote Diagnostics Devices Market Price, Trends,
Industry Outlook Forecast 2017-2024
2
Key Insights from Remote Diagnostics Devices
Market
  • Various government agencies issue emission
    standards to control hazardous vehicular
    emissions. These strict norms for fuel economy
    and emissions across the globe will provide huge
    growth prospects for the industry over the
    forecast timeframe.
  • Key focus of original equipment manufacturers
    (OEMs) towards integration of telematics
    technology is providing the manufacturers with
    significant scope of opportunities.
    Bluetooth,3G/4G, and GPS are among the prominent
    connectivity technologies used in these Devices.
    These tools connect to the vehicle internal
    system, and then evaluate the code and
    information to determine the cause of the
    problem. They not only check the current issues,
    but also prevent the upcoming obstacles.
  • Passenger car segment is forecasted to dominate
    the market over the coming years owing to its
    increase in production units globally and
    advancement in enhanced electric technology for
    vehicles escalating the remote diagnostic market.

3
Continued...
  • Bluetooth technology is expected to contribute to
    the largest revenue share in the remote vehicle
    diagnostics market over the forecast timeframe.
    This technology in remote diagnostics links the
    vehicle to internet via cellular phone for data
    transmission from the server. 3G /4G LTE
    connectivity technology is estimated to be the
    second largest segment of the remote vehicle
    diagnostics market owing to its advancements in
    broadband cellular network and high network speed
    that supports interactive broadband services
    which is needed in the application of remote
    diagnostic devices.
  • By application, the industry is segmented into
    vehicle health alert, vehicle tracking, automatic
    crash notification, and roadside assistance.
    Roadside assistance is a vital application of
    remote vehicle diagnostics and its predicted to
    hold a significant revenue share over the next
    eight years.

4

Latest Research Report On Remote Diagnostics
Devices Market _at_ https//www.gminsights.com/indu
stry-analysis/remote-diagnostics-devices-market
Request for a table of content of this
research report _at_ https//www.gminsights.com/requ
est-toc/upcoming/2108
5
Major Companies in Remote Diagnostics Devices
Market
  • Delphi Automotive
  • Magneti Marelli
  • Continental AG
  • Robert Bosch GmbH
  • VOXX International Corporation
  • Vector Informatik
  • Softing AG
  • Onstar LLC

6
Regional Insights in Remote Diagnostics Devices
Market
  • Asia pacific is forecasted to dominate the market
    over the next eight years since the region
    possess the major automobile industry in the
    world. The vehicle production is expected to grow
    over 40 million by 2025.
  • The market is expected to grow at a high rate in
    countries such as China, India, South Korea,
    Japan. Due to its sizable population and
    increasing disposable income this region has the
    highest vehicle production in the world.
  • Europe, led by Germany, UK and France is
    anticipated to exhibit significant growth owing
    to increasing sale of electric vehicles in
    2016.Gremany recorded 4.54 increase in
    production of passenger car units in 2016. Latin
    America is projected to be a significant
    contributor to the industry owing to the growth
    in relation to OEM sales in the region.

7
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