openPR Logo
Press release

Automotive Remote Diagnostics Market Is Estimated To Create An Absolute $ Opportunity Of Us$ 25.7 Bn By The End Of 2031

10-18-2022 11:40 AM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

From 2019 to 2029, the global Automotive Remote Diagnostics Market will grow at an astounding 33% CAGR. Controlled airspace accounts for more than three-fourths of the global market and is expected to generate a $3 billion absolute dollar opportunity between 2021 and 2031.

Read Report Overview: https://www.factmr.com/report/4629/automotive-remote-diagnostics-market

Key Takeaways from Market Study

The Most Important Takeaways from the Automotive Remote Diagnostics Market
The global vehicle health tracking and diagnosis segment is expected to generate more than US$12.2 billion in absolute dollars and to contribute a value CAGR of 20.5% during the forecast period (2019-2028)
East Asia is expected to grow at a faster rate than the rest of the market regions, with a CAGR of 20.8% between 2019 and 2028.
Light Commercial Vehicles (LCV) are expected to be worth US$25.9 billion, which is 7.7 times more than Heavy Commercial Vehicles (HCV)
Europe is expected to be the market leader in the global automotive diagnostics market by 2028, with a 33% value market share.
To remain 'ahead' of your competitors, request for a sample: https://www.factmr.com/connectus/sample?flag=S&rep_id=4629

Industry Players Focusing on Expansion for Business Opportunities

The prominent players in the automotive remote diagnostic market are focusing on product expansion as their key strategy to enhance their market presence and also to gain a competitive edge over the other market players on a global scale. For instance,

In March 2019, ACTIA Group took a technological turn by investing in open source operating system for automotive with The Linux Foundation. This, in turn, will help the company to expand its offerings.
In 2018, Transics expanded its offerings by introducing its latest driver app TX-FLEX which will enable the driver to schedule follow-ups via smartphones
In 2017, Bosch hosted the inauguration ceremony of its Technical Center Expansion in Plymouth. Expansion of this technical center will enable the growth of several mobility technologies and automotive aftermarket parts and components
Ask an Analyst: https://www.factmr.com/connectus/sample?flag=AE&rep_id=4629

Key Segments of the Automotive Remote Diagnostics Market

Fact.MR's study on the automotive remote diagnostics market offers information divided into four key segments- product, application, vehicle and region. This report offers comprehensive data and information about important market dynamics and growth parameters associated with these categories.

By Product :

Diagnostics Equipment

Software

By Application :

Vehicle System & Component Access

Vehicle Health Tracking & Diagnosis

Service Assistance

By Vehicle :

Passenger Cars

Compact

Mid-Sized

Luxury

SUV's

Light Commercial Vehicles

Heavy Commercial Vehicles

By Region :

North America

Latin America

Europe

South Asia

East Asia

Oceania

Middle East & Africa

Choose Quick and Secure PayPal Payment Mode to Get Full Access to This Report: https://www.factmr.com/checkout/4629

What Do You Get in a Fact.MR Study?

Factors affecting the overall development of the global Automotive Remote Diagnostics Market
Factor that might restrain the growth of the global market in the coming years of the forecast period.
What is present competitive scenario of the global Automotive Remote Diagnostics Market and its intricate details concerning potential business prospects of leading market players
Pricing strategies of several different market players in the global Automotive Remote Diagnostics Market

US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com

Market research and consulting agency with a difference! That's why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range - from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we'll be an able research partner.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Automotive Remote Diagnostics Market Is Estimated To Create An Absolute $ Opportunity Of Us$ 25.7 Bn By The End Of 2031 here

News-ID: 2770893 • Views:

More Releases from Fact.MR

Food Inspection Devices Market Set to Surge to USD 8.92 Billion by 2035 Amid Rising Demand for Food Safety
10-01-2025 | Food & Beverage
Fact.MR
Food Inspection Devices Market Set to Surge to USD 8.92 Billion by 2035 Amid Ris …
The global food inspection devices market is poised for significant growth, projected to expand from USD 4.97 billion in 2025 to approximately USD 8.92 billion by 2035. This growth represents an absolute increase of USD 3.95 billion, translating into a total growth of 79.5% over the forecast period, with a robust compound annual growth rate (CAGR) of 6.0% between 2025 and 2035. Food inspection devices play a crucial role in maintaining
Food Industry Heat Processing Equipment Market is Projected to Reach USD 34.9 Billion by 2035
10-01-2025 | Food & Beverage
Fact.MR
Food Industry Heat Processing Equipment Market is Projected to Reach USD 34.9 Bi …
The global food industry heat processing equipment market is projected to witness remarkable growth over the next decade, expanding from USD 21.0 billion in 2025 to approximately USD 34.9 billion by 2035. This represents an absolute increase of USD 12.8 billion and reflects a compound annual growth rate (CAGR) of over 5%. Increasing demand for processed foods, rapid technological innovations, and a focus on energy efficiency are driving this expansion. Market
Food E-Commerce Market Set to Surge to USD 5.3 Trillion by 2035, Driven by Digitalization and Changing Consumer Preferences
10-01-2025 | Food & Beverage
Fact.MR
Food E-Commerce Market Set to Surge to USD 5.3 Trillion by 2035, Driven by Digit …
The global food e-commerce market is on an unprecedented growth trajectory, projected to increase from USD 1.82 trillion in 2025 to approximately USD 5.3 trillion by 2035. This represents an absolute growth of USD 3.86 trillion over the forecast period, marking a total market expansion of 212.1%, with a robust compound annual growth rate (CAGR) of 11.3%. The market's rapid acceleration reflects shifting consumer behaviors, technological advancements, and the rising
Food Cold Chain Logistics Market is Projected to Reach USD 1,632.6 Billion by 2035, Driven by E-commerce and Pharma Demand
10-01-2025 | Food & Beverage
Fact.MR
Food Cold Chain Logistics Market is Projected to Reach USD 1,632.6 Billion by 20 …
The global food cold chain logistics market is on a remarkable growth trajectory. Valued at USD 393.2 billion in 2025, the market is projected to reach approximately USD 1,632.6 billion by 2035, marking an absolute increase of USD 1,239.4 billion over the forecast period. This represents a staggering total growth of 315.1%, with a robust compound annual growth rate (CAGR) of 15.3% between 2025 and 2035. The surge in demand for

All 5 Releases


More Releases for Diagnostics

Covid-19 Diagnostic Market is Booming Worldwide By Top Key Players: Abbott Diagn …
LOS ANGELES, United States: QY Research has recently published a research report titled, “Global and China Covid-19 Diagnostic Market Size, Status and Forecast 2020-2026". This report has been prepared by experienced and knowledgeable market analysts and researchers. It is a phenomenal compilation of important studies that explore the competitive landscape, segmentation, geographical expansion, and revenue, production, and consumption growth of the global Covid-19 Diagnostic market. Players can use the accurate
What are the Growth Drivers of Covid-19 Diagnostic Market? BD Diagnostics, Abbot …
Market Study Report LLC recently added a new title on 2020-2025 Global Covid-19 Diagnostic Market Report from its database. The report provides study with in-depth overview, describing about the Product, market size, share, Industry Scope and elaborates market outlook and status to 2025. The Covid-19 Diagnostic market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact
North America Autoimmune Disease Diagnostics Market (2020-2026) | Abbott Laborat …
According to the Graphical Research new growth forecast report titled "North America Autoimmune Disease Diagnostics Market Value By Product (Systemic Autoimmune Disease {Rheumatoid Arthritis, Ankylosing Spondylitis, Systemic Lupus Erythematosus}, Localized Autoimmune Disease), Industry Analysis Report, Regional Outlook (U.S., Canada)", Estimated To Exceed USD 6.5 Billion By 2026. Autoimmune diagnostic procedures have increased demand for instruments and services for rapid and effective outcomes. Rising adoption of lab automation technology will foster
Covid-19 Diagnostic Market Overall Study Report 2020-2026 | Abbott Diagnostics, …
This report focuses on Covid-19 Diagnostic volume and value at global level, regional level and company level. From a global perspective, this report represents overall Covid-19 Diagnostic market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan. Get Free Sample PDF Copy at https://www.reportsnreports.com/contacts/requestsample.aspx?name=3095138. Top Key Players in the Global Covid-19 Diagnostic Market Include: - o Abbott Diagnostics o
Global Allergy Diagnostics Market 2020 Lincoln Diagnostics, Hitachi Chemical Dia …
Global Allergy Diagnostics Industry Competitive Analysis - Forecast and Historical Market Analysis by Key Market Segments The research report on the global Allergy Diagnostics market encompasses a wide-scope analysis of various macro economic and micro economic factors affecting the industry performance on a regional and global level. The research report offers a detailed outline of the industry chain components including suppliers, customers, manufacturers, and distributors. Moreover, the report intends to offer
05-16-2019 | Health & Medicine
Fact.MR
Healthcare , Sepsis Diagnostics Market report, Sepsis Diagnostics Market size, S …
An insightful study, titled “Sepsis Diagnostics Market” has been freshly broadcasted to the vast research repository of FACT.MR. This research study provides detailed comprehensions and forecasts future growth of the global market with an in-depth study of the factors impacting revenue growth throughout the mentioned forecast period. Further, a deep analysis on the major players from diverse regions is also present in the report. Get Sample Copy of this Report @