Automotive On-Board Diagnostics (OBD) Market
Automotive On-Board Diagnostics (OBD) Market - Global Industry Assessment & Forecast
#
Pages:
210
2023
Apr - 2024
VMR-VMR-2021-0740
Segments Covered
By
Diagnostic Device Handheld, PC/Laptop Based, Mobile Device, Others
-
By
Application Driver Behavior Monitoring, Emission Testing, Supplementary Instrumentation, Consumer Telematics, Usage Based Insurance, Fleet Management, Car Sharing, Others
-
By
Vehicle Type Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Snapshot
 Base Year:
|
2023 |
| Forecast
Years:
|
2024 - 2032 |
 Historical
Years:
|
2018 - 2022 |
 Revenue
2023: |
USD 55.4 Billion |
 Revenue 2032:
|
USD 134.2 Billion |
 Revenue CAGR
(2024 - 2032): |
10.3% |
Fastest Growing Region (2024 -
2032)
|
Asia Pacific |
Largest Region (2023):
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Research Methodology: Automotive On-Board Diagnostics (OBD) Market by Diagnostic Device by Application by Vehicle Type by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
The information gained/procured from the secondary data sources is validated through extensive primary interviews with industry experts across the Automotive On-Board Diagnostics (OBD) supply chain. The primary research is also conducted to identify key players in the market and to gather and validate already procured information pertaining to their market-specific financial information. Moreover, primary research is used to gain/validate information about:
- Automotive On-Board Diagnostics (OBD) market size at regional and country level
- Understanding market developments, future growth prospects, and upcoming challenges
- Overview of the Automotive On-Board Diagnostics (OBD) supply chain and overall ecosystem
Data Triangulation and Market Size Estimations
The information procured from the secondary and primary resources is undergone through data triangulation methods to attain more accurate results on quantitative and qualitative analysis for specific market research studies. This helps to study any minutest details of the market along with building a clearer market-specific view for revenue estimations, industry trends, within each end-use industry, and estimate future trends within the market. After arriving at the global market numbers, top-down and bottom-up approaches are used to estimate, validate and finalize the market size of the Automotive On-Board Diagnostics (OBD) market.
FAQ
Frequently Asked Question
What is the global demand for Automotive On-Board Diagnostics (OBD) in terms of revenue?
-
The global Automotive On-Board Diagnostics (OBD) valued at USD 55.4 Billion in 2023 and is expected to reach USD 134.2 Billion in 2032 growing at a CAGR of 10.3%.
Which are the prominent players in the market?
-
The prominent players in the market are AVL DiTEST GmbH, Continental AG, Innova Electronics Corp., Intel Corp., iWave Systems Technologies Pvt. Ltd., Marelli Holdings Co. Ltd., Mercedes Benz Group AG, Moj.io Inc., OBD Solutions LLC, Robert Bosch GmbH, Vector Informatik GmbH, Verizon Communications Inc., Zubie Inc., Denso Corp., HELLA GmbH and Co. KG.
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 10.3% between 2024 and 2032.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Automotive On-Board Diagnostics (OBD) include
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Automotive On-Board Diagnostics (OBD) in 2023.
