Bluetooth is Estimated to Account for the Largest Share in the Vehicle Diagnostics Market

1. Vehicle Diagnostics Market by Vehicle Type, Application (Automatic Crash Notification, Vehicle Tracking, Vehicle Health Alert, and Roadside Assistance) Connectivity (3G, 4G LTE, Wi-Fi, and Bluetooth) Region, and Aftermarket (Vehicle Type and Region) - Forecast to 2021 www.MarketsandMarkets.com

2. Bluetooth to lead the remote vehicle diagnostics market, by connectivity,in terms of value Bluetooth technology is expected to constitute the largest segment of the remote vehicle diagnostics market, by connectivity (value). Market growth can be attributed to the advantages offered by Bluetooth connectivity, such as enabling devices and smartphones to be connected to the vehicle. The key application of Bluetooth connectivity technology in remote vehicle diagnostics is connecting the vehicle to the internet via the cellular phone to transfer and receive data from the server. 3G connectivity technology is estimated to be the second largest segment of the remote vehicle diagnostics market. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=82321853

3. Roadside assistance: Fastest growing segment of the remote vehicle diagnostics market, by application Roadside assistance is an essential application of remote vehicle diagnostics, as it provides emergency assistance services in case of a vehicle breakdown. If the vehicle breaks down, the remote vehicle diagnostics solution automatically diagnoses the cause of the vehicle failure and sends analyzed data to the server, along with the vehicle’s real-time location, for required roadside assistance. North America is estimated to lead the roadside assistance application market, in terms of volume, followed by Europe and Asia-Oceania, owing to the increasing demand for safety and security features in these regions. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=82321853

4. The high demand for roadside assistance as a standard feature in vehicles is attributed to the advantages it offers, including  assistance at the time of a vehicle breakdown, emergency support, and sending a mechanic in case of critical failure. The market for such applications is witnessing substantial growth, with regulatory bodies planning to mandate some of the applications. Bluetooth technology is estimated to hold the largest share in the vehicle diagnostics market, by connectivity. This trend is expected to continue during the forecast period. Bluetooth technology is primarily used to enable in-car connectivity between a vehicle’s dashboard and electronic gadgets such as smartphones, laptops, and tablets. Given the increasing demand from end-users to incorporate smartphone features such as navigation, diagnostics, and infotainment inside the vehicle, Bluetooth technology has become an essential feature in vehicles. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=82321853

5. Asia-Oceania: Fastest growing market for remote vehicle diagnostics The Asia-Oceania remote vehicle diagnostics market is projected to grow at the highest CAGR during the forecast period. The market is expected to grow at a high rate in countries such as India, China, Japan, and South Korea.This region has the highest vehicle production in the world, due to its sizable population and increasing disposable income. The growing population, increasing per capita income, and improving standard of living have contributed to the growth of the automotive industry in Asia-Oceania. The increasing per capita income has resulted in increasing sales of high-end vehicles among consumers. As a result, Asia-Oceania will likely be the fastest growing market for remote vehicle diagnostics. China is the key automotive market in this region, as it produces the highest number of passenger cars in the world. Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=82321853

6. Market Ecosystem: The  vehicle diagnostics market ecosystem consists of manufacturers such as Robert Bosch GmbH (Germany), Continental AG (Germany), OnStar LLC (U.S.), Mercedes-Benz (U.S.), Subaru of America, Inc. (U.S.), BMW (Germany), MagnetiMarelli S.p.A (Italy), Delphi Automotive PLC (U.K.), Softing AG (Germany), Voxx International Corporation (U.S.), Snap-On Inc. (U.S.), and Vector Informatik GmbH (Germany). Buy Now: https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=82321853

7. Browse >> 81market data tables 53figures 144 pagesand in-depth TOC “Vehicle Diagnostics Market by Vehicle Type, Application (Automatic Crash Notification, Vehicle Tracking, Vehicle Health Alert & Roadside Assistance), Connectivity (3G, 4G LTE, Wi-Fi, Bluetooth), Region, & Aftermarket (Vehicle Type & Region) - Forecast to 2021” Early buyers will receive 10% customization on this report. This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

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