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Remote Vehicle Diagnostics Market Share

Report ID: GMI10640
Published Date: Aug 2024
Report Format: PDF

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Remote Vehicle Diagnostics Market Share

Bosch and Continental dominate the remote vehicle diagnostics industry with a market share of over 35% in 2023. Bosch offers advanced diagnostic tools and software that enable real-time monitoring of vehicle performance, allowing service providers to identify issues remotely and efficiently. With a strong focus on integrating cutting-edge technologies such as artificial intelligence and IoT, Bosch Automotive Service Solutions is positioned to meet the growing demand for remote diagnostics in the automotive industry, ultimately improving customer satisfaction and streamlining service workflows.

Continental AG is a global technology company and one of the leading suppliers to the automotive industry, specializing in the development of innovative solutions for mobility, safety, and sustainability. The company offers a comprehensive suite of diagnostic solutions that enable real-time monitoring and analysis of vehicle performance, facilitating proactive maintenance and rapid troubleshooting.

Remote Vehicle Diagnostics Market Companies

Major players operating in the remote vehicle diagnostics industry are:

Autel Intelligent Technology Corp
AVL DiTEST GmbH
BorgWarner (Delphi Technologies)
Continental AG
Denso Corporation
Delphi Technologies (BorgWarner)
Magneti Marelli (Marelli)
OnStar (General Motors)
Robert Bosch GmbH
Snap-on Incorporated
ZF Friedrichshafen AG

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Market size for remote vehicle diagnostics was USD 12.5 billion in 2023 and is expected to register over 16.5% CAGR from 2024-2032 owing to the increasing vehicle connectivity, rising vehicle ownership, and fleet management worldwide.

Remote vehicle diagnostics industry from the passenger cars segment held over 75% share in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to increased focus on vehicle safety and performance, rising consumer demand for convenience, and increasing vehicle ownership.

Europe industry held 30% share in 2023 and is expected to register a commendable CAGR from 2024-2032 due to rising sales of electric and hybrid vehicles, including battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) in the region.

AVL DiTEST GmbH, Continental AG, Denso Corporation, Delphi Technologies (BorgWarner), Magneti Marelli (Marelli), OnStar (General Motors), Robert Bosch GmbH, Snap-on Incorporated, and ZF Friedrichshafen AG, are some of the major remote vehicle diagnostics companies worldwide.