The Global Automotive On-board Diagnostics (OBD) Market is expected to grow by $ 27.63 billion during 2021-2025, progressing at a CAGR of over 17% during the forecast period

·3 min read

Global Automotive On-board Diagnostics (OBD) Market 2021-2025 The analyst has been monitoring the automotive on-board diagnostics (OBD) market and it is poised to grow by $ 27. 63 billion during 2021-2025, progressing at a CAGR of over 17% during the forecast period.

New York, June 17, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Automotive On-board Diagnostics (OBD) Market 2021-2025" - https://www.reportlinker.com/p03273507/?utm_source=GNW
Our report on automotive on-board diagnostics (OBD) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increase in electronic content in vehicles, increase in adoption of UBI using OBD as measurement parameter, and regulations mandating OBD systems. In addition, increase in electronic content in vehicles is anticipated to boost the growth of the market as well.
The automotive on-board diagnostics (OBD) market analysis includes product segment and geographic landscape.

The automotive on-board diagnostics (OBD) market is segmented as below:
By Product
• Allied services
• OBD port

By Geographical Landscape
• North America
• Europe
• APAC
• South America
• MEA

This study identifies the growing focus on remote diagnostics as one of the prime reasons driving the automotive on-board diagnostics (OBD) market growth during the next few years. Also, shift in focus from OBD hardware to OBD software and integration with telematics will lead to sizable demand in the market.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on automotive on-board diagnostics (OBD) market covers the following areas:
• Automotive on-board diagnostics (OBD) market sizing
• Automotive on-board diagnostics (OBD) market forecast
• Automotive on-board diagnostics (OBD) market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive on-board diagnostics (OBD) market vendors that include Autel Intelligent Technology Co., Continental AG, Daimler Trucks North America LLC (Detroit Diesel Corp.), DENSO Corp., HELLA GmbH and Co. KGaA, Innova Electronics Corp., Intel Corp., Robert Bosch GmbH, Vector Informatik GmbH, and Verizon Communications Inc. Also, the automotive on-board diagnostics (OBD) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report: https://www.reportlinker.com/p03273507/?utm_source=GNW

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