Danlaw, Azuga, Bosch Profiled in OBD Aftermarket to Grow at 17% CAGR to 2024: Key Players Are CalAmp, Metromile, Mojio, Continental, Intel Corporation
The hardware segment held a majority share of over 40% in the OBD aftermarket in 2017 due to the large-scale adoption of traditional OBD scanners such as scan tools and code readers to access the vehicle's OBD port. These scanners act as an interface to provide users with the vehicles' engine-related parameters. However, with the emergence of OBD dongles, additional information, such as driver behavior analytics and remote diagnostics, can be effectively extracted from vehicles.
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