The remote vehicle diagnostics market is projected to reach a market size of USD 30.22 billion by 2021, growing at a CAGR of 16.79% from 2016 to 2021. The remote vehicle diagnostics market is driven by the increasing demand for luxury and comfort features in the automotive industry. Growing concerns regarding data security are a major restraint of the remote vehicle diagnostics market.
Wireless Fidelity (Wi-Fi) connectivity technology is expected to dominate the remote vehicle diagnostics market. The market for Wi-Fi in remote vehicle diagnostics is set to grow at a CAGR of 11.79% from 2016 to 2021, and is projected to reach USD 21.9 million by 2021. Premium vehicle manufacturers are integrating built-in Wi-Fi chipsets in their vehicles. A vehicle with its own Wi-Fi signal enhances the consumer experience with high-speed internet access.
North America is estimated to be the largest market for remote vehicle diagnostics, accounting for approximately 45% of the total market share in 2016. It is estimated to occupy the largest market share during the forecast period. The North American region is a frontrunner in terms of technology, and is consequently expected to lead the remote vehicle diagnostics market. The North American remote vehicle diagnostics market, in terms of value, is dominated by the U.S., followed by Mexico and Canada.
Delphi Automotive PLC
Magneti Marelli S.p.A
Robert Bosch GmbH
- Softing AG
Vector Informatik GmbH
- Voxx International Corporation
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Remote Vehicle Diagnostics, By Region, Vehicle, & Engine Type
7 Remote Vehicle Diagnostics, By Application
8 Remote Vehicle Diagnostics Market, By Connectivity
9 Remote Vehicle Diagnostics Aftermarket, By Region
10 Competitive Landscape
11 Company Profiles
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