A closer look at the overall US Automotive Diagnostic business scenario presented through self-explanatory charts, tables, and graphics images add greater value to the study.
New York, NY -- (SBWIRE) -- 04/12/2019 -- The US Automotive Diagnostics Market is expected to reach USD 13.34 Billion by 2026, according to a new report by Reports and Data. This can be mainly associated with the need for reduced recalls and warranty repairs by highlighting specific issues, offering OEMs a direct line of communication with the customer and rise in the use of electronics in vehicles due to digitalization and connected mobility across the automotive industry. Automotive diagnostics in US refers to a vehicle's reporting and self-diagnostic capability, which gives access to the vehicle owner or repair technician regarding the status of the various vehicle subsystems.
US is the hub for a number of manufacturers of the technology and aim for better infrastructure. The region has no budget constraints due to its high income, favorable government policies and regulations for an effective transportation system.
Cloud-based systems will play a key role in the development of these systems, as data is transmitted and analyzed in real-time in the cloud.
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The major players covered in this report are: General Motors, BMW, Daimler, Honda, Audi, Toyota, Volvo, Ford Motor Company, Nissan, and Fiat Chrysler Automobiles, among others
Understanding the market size
The size of the US Automotive Diagnostics market is viewed in terms of the Share of Market, Total Available Market as well as Served Available Market. Not only does the study present the combined revenue for a particular market but also the market size for a specific geographic region. Analysis of percentage or the size of the Total Available Market based on the type of product, technology, regional constraints and others form an important part of the US Automotive Diagnostics report.
US Automotive Diagnostics Market by Communication system type (Revenue, USD Million; 2018-2026)
- Vehicle-To-Cloud (V2C)
- Vehicle-To-Pedestrian (V2P)
- Vehicle-To-Grid (V2G)
- Vehicle-To-Infrastructure (V2I)
- Vehicle-To-Vehicle (V2V)
- Vehicle-To-Device (V2D)
- Vehicle-To-Network (V2N)
- Vehicle-To-Home (V2H)
US Automotive Diagnostics Market by Equipment (Revenue, USD Million; 2018-2026)
- Exhaust Gas Analyzer
- Paint Scan Equipment
- Wheel Alignment Equipment
- Dynamometer
- Headlight Tester
US Automotive Diagnostics Market by Technology (Revenue, USD Million; 2018-2026)
- 4G LTE
- 3G
- Bluetooth
- Wi-Fi
US Automotive Diagnostics Market by Offering type (Revenue, USD Million; 2018-2026)
- Software
- Hardware
US Automotive Diagnostics Market by Propulsion type (Revenue, USD Million; 2018-2026)
- Electric Vehicle (EV)
- Battery Electric Vehicle (BEV)
- Hybrid Electric Vehicle (HEV)
- Plug-In Hybrid Electric Vehicle (PHEV)
- Fuel Cell Electric Vehicle (FCEV)
- Internal Combustion Engine (ICE) Vehicle
US Automotive Diagnostics Market by Product type (Revenue, USD Million; 2018-2026)
- OBD2 Scanner
- Multi-System Auto Diagnostic Tool
- OBDII Scanner Bluetooth Automotive ECU Coding Diagnostic Tool
- OBD2 Car Code Reader /Scan Tool
- OBD2 Adapter Check Engine Diagnostic Tool
- Smartphone Diagnostic Tool
- Others
US Automotive Diagnostics Market by Applications type (Revenue, USD Million; 2018-2026)
- Hand-held scan tools
- Scanners
- Code Reader
- Digital Pressure Tester
- TPMS Tools
- Battery Analyzer
- Mobile device-based tools and analysis
- PC-based scan tools and analysis platforms
- Data loggers
- Emission testing
- Driver's supplementary vehicle instrumentation
- Vehicle telematics
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Further key findings from the report suggest:
- By vehicle type, the market is segmented into commercial and passenger vehicles. The passenger vehicle type is going to have the highest growth of 5.4% during the forecast period.
- By equipment type, the market is segmented into exhaust gas analyzer, paint scan equipment, wheel alignment equipment, dynamometer and headlight tester.
- The growth of the exhaust gas analyzer segment can be due to the increasing implementation of stringent emission regulations and policies in North America.
- By propulsion type, the market is segmented into electric vehicle (EV) and internal combustion engine (ICE) Vehicle.
- The growth of electric vehicles is expected to witness the highest growth of 5.7% during the forecast period, due to the adoption of the technology by many vehicle manufacturers.
- By product type, the market is segmented into OBD2 Scanner, Multi-System Auto Diagnostic Tool, OBDII Scanner Bluetooth Automotive ECU Coding Diagnostic Tool, OBD2 Car Code Reader /Scan Tool, OBD2 Adapter Check Engine Diagnostic Tool, Smartphone Diagnostic Tool and Others.
- The automotive diagnostic OBD2 Car Code Reader /Scan Tool is the dominant segment of the market in 2018; with a forecasted CAGR of 3.6% during the forecast period.
- By communication system, the market is segmented into Vehicle-to-Vehicle (V2V), Vehicle-to-Network (V2N), Vehicle-to-Infrastructure (V2I), Vehicle-to-Grid (V2G), Vehicle-to-Device (V2D), Vehicle-to-Cloud (V2C), Vehicle-to-Pedestrian (V2P) and Vehicle-to-Home (V2H).
- Vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communications, two wireless technologies, to witness the highest CAGR of 4.8%.
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Table Of Content:
Chapter 14. Company Profiles
14.1. General Motors
14.1.1. Company Overview
14.1.2. Financial Performance
14.1.3. Product Insights
14.1.4. Strategic Initiatives
14.2. BMW
14.2.1. Company Overview
14.2.2. Financial Performance
14.2.3. Product Insights
14.2.4. Strategic Initiatives
14.3. Daimler
14.3.1. Company Overview
14.3.2. Financial Performance
14.3.3. Product Insights
14.3.4. Strategic Initiatives
Continue...
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