Remote Diagnostics Market to Reach $30 Billion by 2021 - Increasing Demand for Luxury & Comfort Features in Automotive Industry - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Remote Diagnostics Market - Forecast to 2021" report to their offering.

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.

Companies Mentioned:

  • Continental AG
  • Delphi Automotive PLC
  • Magneti Marelli S.p.A
  • OnStar LLC
  • Robert Bosch GmbH
  • Snap-On Inc.
  • Softing AG
  • Vector Informatik GmbH
  • Vidiwave Ltd.
  • Voxx International Corporation

Key Topics Covered:

1 Introduction

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

12 Appendix

For more information about this report visit http://www.researchandmarkets.com/research/thc5p9/remote

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Diagnostics

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Diagnostics