US Automotive Diagnostics Market Size, Key Market Players, SWOT, Revenue Growth Analysis, 2020–2026

The US Automotive Diagnostics Market is expected to reach USD 13.34 Billion by 2026, according to a new report by Reports and Data. This can be mainly associated with the need for reduced recalls and warranty repairs by highlighting specific issues, offering OEMs a direct line of communication with the customer and rise in the use of electronics in vehicles due to digitalization and connected mobility across the automotive industry. Automotive diagnostics in US refers to a vehicle’s reporting and self-diagnostic capability, which gives access to the vehicle owner or repair technician regarding the status of the various vehicle subsystems.

US is the hub for a number of manufacturers of the technology and aim for better infrastructure. The region has no budget constraints due to its high income, favorable government policies and regulations for an effective transportation system.

Cloud-based systems will play a key role in the development of these systems, as data is transmitted and analyzed in real-time in the cloud.

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Further key findings from the report suggest

• By vehicle type, the market is segmented into commercial and passenger vehicles. The passenger vehicle type is going to have the highest growth of 5.4% during the forecast period.
• By equipment type, the market is segmented into exhaust gas analyzer, paint scan equipment, wheel alignment equipment, dynamometer and headlight tester.
• The growth of the exhaust gas analyzer segment can be due to the increasing implementation of stringent emission regulations and policies in North America.
• By propulsion type, the market is segmented into electric vehicle (EV) and internal combustion engine (ICE) Vehicle.
• The growth of electric vehicles is expected to witness the highest growth of 5.7% during the forecast period, due to the adoption of the technology by many vehicle manufacturers.
• By product type, the market is segmented into OBD2 Scanner, Multi-System Auto Diagnostic Tool, OBDII Scanner Bluetooth Automotive ECU Coding Diagnostic Tool, OBD2 Car Code Reader /Scan Tool, OBD2 Adapter Check Engine Diagnostic Tool, Smartphone Diagnostic Tool and Others.
• The automotive diagnostic OBD2 Car Code Reader /Scan Tool is the dominant segment of the market in 2018; with a forecasted CAGR of 3.6% during the forecast period.
• By communication system, the market is segmented into Vehicle-to-Vehicle (V2V), Vehicle-to-Network (V2N), Vehicle-to-Infrastructure (V2I), Vehicle-to-Grid (V2G), Vehicle-to-Device (V2D), Vehicle-to-Cloud (V2C), Vehicle-to-Pedestrian (V2P) and Vehicle-to-Home (V2H).
• Vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communications, two wireless technologies, to witness the highest CAGR of 4.8%.
• Key participants include General Motors, BMW, Daimler, Honda, Audi, Toyota, Volvo, Ford Motor Company, Nissan, and Fiat Chrysler Automobiles, among others.

Market Segmentation:

The global US Automotive Diagnostics market report covers a detailed analysis of the market segmentation to provide key insights into the scope of the market expansion. The global US Automotive Diagnostics market has been segregated on the basis of product types, applications, end-users, and key regions of the industry.

Vehicle type Outlook (Revenue, USD Billion; 2018-2026)

• Commercial
• Passenger

Communication system Outlook (Revenue, USD Billion; 2018-2026)

• Vehicle-To-Cloud (V2C)
• Vehicle-To-Pedestrian (V2P)
• Vehicle-To-Grid (V2G)
• Vehicle-To-Infrastructure (V2I)
• Vehicle-To-Vehicle (V2V)
• Vehicle-To-Device (V2D)
• Vehicle-To-Network (V2N)
• Vehicle-To-Home (V2H)

Equipment type Outlook (Revenue, USD Billion; 2018-2026)

• Exhaust Gas Analyzer
• Paint Scan Equipment
• Wheel Alignment Equipment
• Dynamometer
• Headlight Tester

Technology type Outlook (Revenue, USD Billion; 2018-2026)

• 4G LTE
• 3G
• Bluetooth
• Wi-Fi

Offering type Outlook (Revenue, USD Billion; 2018-2026)

• Software
• Hardware

Propulsion type Outlook (Revenue, USD Billion; 2018-2026)

• Battery Electric Vehicle (BEV)
• Hybrid Electric Vehicle (HEV)
• Plug-In Hybrid Electric Vehicle (PHEV)
• Fuel Cell Electric Vehicle (FCEV)
• Electric Vehicle (EV)
• Internal Combustion Engine (ICE) Vehicle

Product type Outlook (Revenue, USD Billion; 2018-2026)

• OBD2 Scanner
• Multi-System Auto Diagnostic Tool
• OBDII Scanner Bluetooth Automotive ECU Coding Diagnostic Tool
• OBD2 Car Code Reader /Scan Tool
• OBD2 Adapter Check Engine Diagnostic Tool
• Smartphone Diagnostic Tool
• Others

Applications Outlook (Revenue, USD Billion; 2018-2026)

• Scanners
• Code Reader
• Digital Pressure Tester
• TPMS Tools
• Battery Analyzer
• Hand-held scan tools
• Mobile device-based tools and analysis
• PC-based scan tools and analysis platforms
• Data loggers
• Emission testing
• Driver’s supplementary vehicle instrumentation
• Vehicle telematics

Regional Analysis:

The regional bifurcation of the US Automotive Diagnostics market report is a comprehensive segment that covers a thorough analysis of the market dynamics and offers critical insights on import/export ratio, supply and demand dynamics, revenue share, market size, market share, industry analysis, production and consumption patterns, and the current and emerging trends of each region. The report also offers a country-wise analysis to confer a better understanding of the market.

The prominent geographical regions of the market include:

• North America (U.S., Canada, Mexico)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Competitive Landscape:

The global US Automotive Diagnostics market report covers a comprehensive overview of the market’s competitive landscape, providing a detailed analysis of the company profile, product portfolio, market position, global network, revenue share, profit margins, technological and product advancements, and SWOT analysis of each player. The report also provides extensive insights into strategic business expansions such as mergers & acquisitions, collaborations, corporate deals, distribution partnerships, and product launches, among others.

Key Highlights from the Report:

Detailed overview of the US Automotive Diagnostics market in the forecast years

Accurate estimation through in-depth analysis of key market trends and features

Extensive regional analysis and insights regarding the regions projected to exhibit lucrative growth

Comprehensive analysis of the competitive landscape

Study of the recent development and trends in the market

Highlights of the TOC:

1. Report Overview

1.1 Research Scope

1.2 Key US Automotive Diagnostics market segments

1.3 Major players

1.4 Market analysis by product

1.5 Market analysis by application

1.6 Report timeline

2. Global Growth Trends

2.1 Global US Automotive Diagnostics market size

2.2 Latest US Automotive Diagnostics market trends

2.3 Key growth trends

3. Competitive Landscape

3.1 Global US Automotive Diagnostics market key players

3.2 Global US Automotive Diagnostics size by manufacturers

3.3 Products of major players

3.4 Entry barriers in the US Automotive Diagnostics market

3.5 Mergers, acquisitions, joint ventures, and strategic alliances

Continue…

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