The Vehicle Diagnostics Market reports delivers an in-depth assessment of market size, share, and emerging trends, offering valuable insights into growth opportunities. It examines market segmentation and definitions, highlighting core components and key drivers of expansion. By applying SWOT and PESTEL analyses, the study evaluates the sector’s strengths, weaknesses, opportunities, and threats, while also considering political, economic, social, technological, environmental, and legal factors. Expert reviews of competitor strategies and recent developments provide a clearer view of regional dynamics and future market trajectories, establishing a strong foundation for strategic planning and informed investment decisions.
What will be the market size of Global Vehicle Diagnostics Market 2030?
The Vehicle Diagnostics Market size was valued at around USD 42.19 billion in 2024 and is projected to reach USD 64.22 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 7.25% during the forecast period 2025-30.
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Who are the top companies operating in the Global Vehicle Diagnostics Market?
The report features prominent companies operating in the Vehicle Diagnostics Market and the successful strategies they have adopted. It also provides detailed insights into each company’s market share and their role in driving the industry’s growth. As per MarkNtel Advisors, top companies in Vehicle Diagnostics Market: Robert Bosch GmbH, Continental AG, Delphi Automotive PLC, Onstar LLC, Snap-On Inc., Magneti Marelli, Softing AG, VOXX International Corporation, Vector Informatic, Vidiwave Ltd., Pioneer Incorporation, Alpine Electronics Inc., Garmin Ltd., Harman International, and Denso Europe B.V, among others
What is the key factor projected to fuel growth in the Global Vehicle Diagnostics Market between 2025 and 2030?
Rising Road Accidents Creating Immense Demand for Diagnostic Features in Vehicles – Fast urbanization and expansion of road networks have been increasing vehicle ownership and traffic density worldwide. With more vehicles on the road, the risk of accidents is also surging in developing countries where infrastructure development is usually not parallel to this growth in traffic. The poorly maintained vehicles and improper services of vehicles further lead to incidents such as brake failures, system crashes, airbags remaining closed, etc. This has resulted in severe road accidents and casualties across the globe. For instance,
In 2023, according to the World Health Organization (WHO), the number of annual road traffic deaths was about 1.19 million globally.
To mitigate such situations, regular diagnosis is carried out to detect impending failures of the critical components like brakes, tires, and steering systems, creating the demand for vehicle diagnosis systems. This proactive approach in the maintenance of vehicles greatly reduces the risk of an accident occurring due to mechanical failure. Furthermore, the integration of telematics and connected vehicle technologies in Vehicle Diagnostics solutions makes provision for real-time monitoring and diagnostics, which enables fleet operators and individual drivers to receive real-time alerts on impending safety issues. This not only helps in avoiding accidents but also in post-accident analysis by providing data of value in improving vehicle standards of safety standards and design. Hence, surging road accidents dictate the need for Vehicle Diagnostics, thereby proliferating the growth of the Global Vehicle Diagnostics Market.
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Global Vehicle Diagnostics Market - Segmentation Analysis
By Offering (Hardware, (Diagnostic Scanners, Handheld Devices, Adapters and Connectors, Others (Battery Testers, Analysers, etc.)), Software))
By Vehicle Type (Passenger Vehicles, Commercial Vehicles, (Light Commercial Vehicles, Medium & Heavy Commercial Vehicles))
By Propulsion (ICE (Internal Combustion Engine), Electric), By Application (Automatic Crash Notification, Vehicle Tracking, Vehicle Health Alert, Roadside Assistance, Others (Vehicle Telematics, Emission Testing, etc.))
By End User (Automotive OEMs, Service Stations & Workshops, Fleet Operators, Government & Regulatory Bodies), and Others
How does the Global Vehicle Diagnostics Market vary across different geography?
By Region
North America
South America
Europe
The Middle East & Africa
Asia-Pacific
This Section cover detailed analysis of revenue, market share and growth rate, historical data (2020-23) and forecast (2025-2030) of the following segmentation and geography.
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Comprehensive Table of Contents – Global Vehicle Diagnostics Market Analysis and Forecast, 2030
Table 1: Introduction
Table 2: Executive Summary
Table 3: Market Regulations, Policies & Standards
Table 4: Vehicle Diagnostics Market Size, Share & Scope, 2020-2030
Table 5: Market Trends & Developments
Table 6: Market Dynamics (Key Drivers, and Challenges)
Table 7: Market Hotspots & Opportunities
Table 8: Market Value Chain Analysis
Table 9: Market Outlook, 2020-2030
Table 10: Market Size & Analysis by Revenues (USD Million):
Table 11: Market Size & Forecast 2020-2030 by Segmentation
Table 12: Market Size & Forecast 2020-2030 by Geography
Table 13: Key Strategic Imperatives for Success & Growth
Table 14: Competitor Analysis of GCC Fire Safety Equipment Companies
Key Benefits for Industry Participants and Stakeholders
Insight into emerging market trends and investment opportunities
Understanding of regional market dynamics and competitive landscapes
Data-driven forecasts to support strategic decision-making
Access to industry benchmarks for performance evaluation
Identification of potential risks and growth challenges
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