Automotive On-board Diagnostics Market by Component, Propulsion, Application, Vehicle Type, End User

Description

List of Tables

[196 Pages Report] The Automotive On-board Diagnostics Market size was estimated at USD 55.17 billion in 2023 and expected to reach USD 60.60 billion in 2024, at a CAGR 9.92% to reach USD 106.97 billion by 2030.

Automotive on-board diagnostics (OBD) is a vehicle's self-diagnostic and reporting capability, monitoring the vehicle's performance and identifying any issues or faults within its systems. This technology primarily focuses on the efficiency of the vehicle's emission system due to environmental regulations and has expanded to include a vast array of vehicle systems. Factors such as stringent environmental regulations, the increasing complexity of vehicles, which necessitates sophisticated diagnostics tools, and the growing consumer demand for vehicles with advanced safety, efficiency, and reliability features drive the market growth. However, the high cost associated with implementing advanced diagnostic technologies and concerns related to the privacy and security of data collected by OBD systems are notable restraints. Challenges in the OBD field also include the compatibility of OBD systems across different vehicle brands and models, and the necessity to update systems in line with rapidly evolving automotive technologies. Opportunities in the OBD sector are abundant, driven by the ongoing evolution of automotive technologies and increasing global vehicle production. Integrating OBD with wireless networks and cloud computing opens new avenues for remote diagnostics and predictive maintenance, enhancing vehicle safety and performance while reducing maintenance costs. The rising focus on electric vehicles (EVs) and autonomous vehicles also presents unique opportunities for developing specialized OBD systems tailored to these new vehicle technologies.

KEY MARKET STATISTICS
Base Year [2023]	USD 55.17 billion
Estimated Year [2024]	USD 60.60 billion
Forecast Year [2030]	USD 106.97 billion
CAGR (%)	9.92%

Regional Insights

In the Americas, on-board diagnostics (OBD) systems are adopted due to stringent environmental regulations and high consumer awareness about vehicle health. Advancements have influenced the growth in automotive technology and supportive policies, including the Clean Air Act, which mandated OBD systems for all cars manufactured since 1996. Recent investments include increased funding for smart transportation solutions and IoT integration, which enhance OBD systems' functionality. Furthermore, the market is growing, particularly in telematics and wireless data transmission technologies integrated into OBD systems. The EMEA showcases evolving growth for the on-board diagnostics systems owing to the region's focus on reducing emissions and enhancing vehicle diagnostics through advanced technologies. EU regulations, such as Euro 6, push for more stringent emission standards, driving innovations and adaptations in OBD technologies. The Middle East and Africa regions present a mixed picture due to varying levels of technological adoption and regulatory frameworks. However, a growing awareness and slowly increasing demand for vehicle digitalization and diagnostics is driven by urbanization and increased premium vehicle sales. The Asia-Pacific region is rapidly embracing OBD due to its increasing concerns over air pollution and a massive automotive market. Investment in electric vehicles and related diagnostics technology is particularly notable here. Also, a significant focus is on developing and integrating sophisticated diagnostics tools influenced by the push toward hybrid and electric vehicles. In addition, the APAC countries focus on cost-effective solutions due to the price-sensitive nature of the market, which influences consumer purchasing behavior significantly.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Automotive On-board Diagnostics Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers
- Expanding emissions standards and environmental regulation
- Enhanced diagnostic capabilities on automotive safety and maintenance
- Rise in popularity of mobile-as-a-service globally

Market Restraints
- High implementation cost of automotive on-board diagnostics

Market Opportunities
- Emerging adoption of cloud-based automotive on-board diagnostics
- Advancements and development in novel automotive on-board diagnostics
- Capturing the growth prospects in retrofitting older vehicles with advanced diagnostics

Market Challenges
- Integration issues and frequent requirements of troubleshooting

Market Segmentation Analysis
- Component: Burgeoning adoption of diagnostics software for understanding the root causes of vehicle malfunctions
- End User: Evolving utilization of automotive on-board diagnostics (OBD) by automobile manufacturers

Market Disruption Analysis
Porter's Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Automotive On-board Diagnostics Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Automotive On-board Diagnostics Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Snap-on Enhances Diagnostic Efficiency with Latest Software Update

Snap-on has released a new software update designed to speed up the diagnostic process for automotive technicians. This latest version introduces enhanced coverage and industry-exclusive features, suitable for a wide array of vehicles including Asian, domestic, and European models. The update encompasses all previous releases, ensuring technicians have access to the most advanced diagnostic tools. These improvements aim to facilitate precise repairs, boost technician confidence, and increase customer satisfaction by equipping professionals with the latest in diagnostic technology. [Published On: 2023-10-02]

Marelli Introduces Innovative Smart Actuators for Electric Vehicles to Streamline Vehicle Functionality

Marelli unveiled a new series of versatile smart actuators specifically designed for electric vehicles. These innovative components feature an autonomous electronic module that manages the actuator operations and facilitates seamless connectivity with the vehicle's electronic framework. With a scalable and modular design, these actuators are crafted for effortless integration across various mechanical and electronic setups in modern cars. The design prioritizes compactness and lightweight attributes while incorporating essential features such as onboard diagnostics and cybersecurity readiness. [Published On: 2023-09-13]

Enhancing Collision Repair Efficiency: Driven Brands Adopts Opus IVS Technology

Opus IVS has partnered with Driven Brands, to introduce its DriveSafe and ScanSafe diagnostic tools across Driven Brands' network of collision repair shops. This collaboration aims to streamline repair operations by integrating these tools with CCC ONE software, optimizing workflow processes for pre-repair, in-process, and post-repair scans and flash programming, as well as ADAS calibrations. This initiative aims to enhance operational efficiency and shorten overall cycle times within the repair process. [Published On: 2023-05-06]

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Automotive On-board Diagnostics Market. This critical assessment involves a thorough analysis of the organization's resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Automotive On-board Diagnostics Market, highlighting leading vendors and their innovative profiles. These include Autel Intelligent Technology Co., AVL DiTEST GmbH, Azuga by Bridgestone Corporation, BOLAB Systems, Continental AG, Danlaw Inc., Denso Corporation, Embitel by CARIAD SE, HELLA GmbH and Co. KG, Innova Electronics Corp., Intel Corporation, iWave Systems Technologies Pvt. Ltd., Mac's Radiator, Marelli Holdings Co. Ltd., Mercedes Benz Group AG, Moj.io Inc., MotorData OBD, Noregon Systems, LLC, OBD Solutions, LLC, Opus Group AB, Robert Bosch GmbH, Total Car Diagnostics, Vector Informatik GmbH, Verizon Communications Inc., and Zubie Inc..

Market Segmentation & Coverage

This research report categorizes the Automotive On-board Diagnostics Market to forecast the revenues and analyze trends in each of the following sub-markets:

Component
- Hardware
  - Connectivity Modules
  - Electronic Control Unit
  - OBD Ports
  - Scanners
  - Sensors

Software
- Diagnostics Software
- Firmware

Propulsion
- Electric Vehicle
- IC Engine

Application
- Fleet Management
- Vehicle Health Monitoring

Vehicle Type
- Commercial Vehicles
- Passenger Vehicles

End User
- Automobile Manufacturers
- Repair & Maintenance Services

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

Product Code: MRR-B16853778B2A

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Expanding emissions standards and environmental regulation
  - 5.1.1.2. Enhanced diagnostic capabilities on automotive safety and maintenance
  - 5.1.1.3. Rise in popularity of mobile-as-a-service globally
- 5.1.2. Restraints
  - 5.1.2.1. High implementation cost of automotive on-board diagnostics
- 5.1.3. Opportunities
  - 5.1.3.1. Emerging adoption of cloud-based automotive on-board diagnostics
  - 5.1.3.2. Advancements and development in novel automotive on-board diagnostics
  - 5.1.3.3. Capturing the growth prospects in retrofitting older vehicles with advanced diagnostics
- 5.1.4. Challenges
  - 5.1.4.1. Integration issues and frequent requirements of troubleshooting
5.2. Market Segmentation Analysis
- 5.2.1. Component: Burgeoning adoption of diagnostics software for understanding the root causes of vehicle malfunctions
- 5.2.2. End User: Evolving utilization of automotive on-board diagnostics (OBD) by automobile manufacturers
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Automotive On-board Diagnostics Market, by Component

6.1. Introduction
6.2. Hardware
6.3. Software

7. Automotive On-board Diagnostics Market, by Propulsion

7.1. Introduction
7.2. Electric Vehicle
7.3. IC Engine

8. Automotive On-board Diagnostics Market, by Application

8.1. Introduction
8.2. Fleet Management
8.3. Vehicle Health Monitoring

9. Automotive On-board Diagnostics Market, by Vehicle Type

9.1. Introduction
9.2. Commercial Vehicles
9.3. Passenger Vehicles

10. Automotive On-board Diagnostics Market, by End User

10.1. Introduction
10.2. Automobile Manufacturers
10.3. Repair & Maintenance Services

11. Americas Automotive On-board Diagnostics Market

11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States

12. Asia-Pacific Automotive On-board Diagnostics Market

12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam

13. Europe, Middle East & Africa Automotive On-board Diagnostics Market

13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom

14. Competitive Landscape

14.1. Market Share Analysis, 2023
14.2. FPNV Positioning Matrix, 2023
14.3. Competitive Scenario Analysis
- 14.3.1. Snap-on Enhances Diagnostic Efficiency with Latest Software Update
- 14.3.2. Marelli Introduces Innovative Smart Actuators for Electric Vehicles to Streamline Vehicle Functionality
- 14.3.3. Enhancing Collision Repair Efficiency: Driven Brands Adopts Opus IVS Technology
14.4. Strategy Analysis & Recommendation

15. Competitive Portfolio

15.1. Key Company Profiles
15.2. Key Product Portfolio