Global Automotive Remote Diagnostics Industry Will Grow Steadily at a CAGR of 14.07% During the Period 2016-2020

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Albany, NY -- (SBWire) -- 01/26/2017 --Technavio defines automotive remote diagnostics or remote vehicle diagnostics as a solution that enables automation of vehicle health and diagnosis using a wireless network. Vehicle health check refers to monitoring vehicle performance by continuously checking and assessing real time data of certain parameters. This process helps to identify any deviation against expected vehicle performance. Diagnosis refers to the investigation based on real-time vehicle data associated with vehicle performance parameter deviation and the determination of root causes of the deviation. This technology offers several business benefits to both customers and OEMs by enabling an effective vehicle health planner. The use of this technology curbs vehicle downtime and service time. Such reductions are part of effective aftersales service and product/service differentiation that can be offered to the customer.

Technavios analysts forecast the global automotive remote diagnostics market to grow at a CAGR of 14.07% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global automotive remote diagnostics market for 2016-2020.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

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Technavio's report, Global Automotive Remote Diagnostics Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Robert Bosch GmbH
Continental AG
OnStar
Vector
Vidiwave

Other prominent vendors
Automatic
ACL DITEST GmbH
CarShield
Carvoyant
Dash Labs
Delphi
DSA
EASE Diagnostics
Emotive
Hickok Incorporated
Magneti Marelli
Mercedes-Benz
Mojio
Movimento
Openbay
Snap-on
Softing
Sontheim
Texa
Voxx International
Zubie

Market driver
Expanding used passenger and commercial vehicles market
For a full, detailed list, view our report

Market challenge
Satisfaction gained from low cost aftermarket components
For a full, detailed list, view our report

Market trend
Increasing mobile phone integration with the telematics system and vehicle diagnostics based insurance programs
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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