Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Automotive Diagnostics Market Analysis

The development of high-end diagnostic systems that leverage the capabilities of AI and machine learning to provide real-time data on a vehicle’s condition and performance as well as identify data patterns to minimise the probability of errors also contributes to the automotive diagnostics industry growth.

 

The automotive diagnostic market dynamics and trends are being enhanced as various companies form strategic partnerships with top technology providers to create mobile-based diagnostic scan tools for vehicles.

 

Automotive Diagnostics Market Report Snapshots

Automotive Diagnostics Market Size

Automotive Diagnostics Market Growth

Automotive Diagnostics Market Analysis

Automotive Diagnostics Market Share

Automotive Diagnostics Companies

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Outline the Scope

Key Questions Answered in the Report

In 2023, the market reached an approximate value of USD 45.46 billion.

The market is projected to grow at a CAGR of 8.3% between 2024 and 2032.

The market is estimated to witness healthy growth in the forecast period of 2024-2032, reaching a value of around USD 93.76 billion by 2032.

The major market drivers are stringent road safety regulations, rising awareness regarding passenger safety, and increased implementation of advanced security features in vehicles.

The key trends of the market include increased incorporation of OBD (on-board diagnostics) tools, rising use of remote diagnostics in vehicles, development of high-end diagnostic systems that leverage the capabilities of AI and ML, and strategic partnerships between market players and leading technology providers.

The market is broken down into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

Various offerings are software, hardware, and services.

The competitive landscape consists of Robert Bosch GmbH, Continental AG, Delphi Automotive PLC, Magna International Inc., HELLA GmbH & Co. KGaA, DENSO Corp., KPIT Technologies Ltd., AVL DiTEST GmbH, Hickok Waekon LLC, Vector Informatik GmbH, Vidiwave Limited, and Softing Automotive Electronics GmbH, among others.

Based on the type, the market is divided into on-board, electric system analyser and scan tools.

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