OBD Aftermarket Industry Size By Product Type (PC-based Software, Apps, Service), By Vehicle Type Outlook(Passenger Vehicles, Light Commercial Vehicles (LCV), Heavy Commercial Vehicles (HCV)), By Application (Consumer Telematics, Fleet Management, Usage-based Insurance ) and Region Forecast to 2023-2032
Report Description
The global OBD Aftermarket industry size was valued at USD 1,650.1 million in 2023, expanding at a CAGR of 21.8% from 2023-2032 to reach 3,800.4 Million USD in 2032.
Market Dynamics
OBD Aftermarket is expected to witness substantial growth over the forecast period. A key factor in business growth is the widespread adoption of data-based remote car diagnostic systems due to the increasingly complex nature of automotive systems. A safety benefit of remote diagnostic technology. a system that makes it possible for a remote operator to operate and monitor vehicles. Making service cycle schedules for vehicles with the aid of technology helps to reduce vehicle breakdowns and downtime. The automobile sector is progressively implementing loT platforms to turn cars into a center for a connected device ecosystem. The system has benefits like better safety, real-time component monitoring for vehicles, and user-friendliness. Built-in BD systems that analyze, track, and fix car component flaws or problems keep an eye on these services, increasing market size. The automobile sector is progressively implementing IoT technologies to turn cars into nodes for an ecosystem of connected gadgets. The system has benefits like better safety, real-time component monitoring for vehicles, and user-friendliness. Built-in OBD systems that analyze, track, and fix automotive component flaws or problems keep an eye on these services, hence the growing market.
The high cost of OBD scanners and the lack of customer understanding of the advantages of using OBD scanners are some of the major obstacles and problems in the On-Board Diagnostics (OBD) Aftermarket industry. The market is further hampered by the OBD protocols' lack of standardization, which makes it challenging for various scanners to connect with one another.
Regional Insights
During the projection period, the Asia Pacific OBD aftermarket market is anticipated to grow at the highest rate, driven by the exploding interest in smart city programs and the rising public consciousness of passenger safety. India, China, and South Korea are emerging as markets leaders in the region as the need for automobiles is on the rise. Due to the rising demand for transportation and logistics services, Europe is expected to account for a sizeable portion of market revenue.
Segment Dynamics
The OBD Aftermarket is fragmented into Product type, Vehicle Type, and Application segments. Based on the product type, apps are anticipated to dominate the market. By vehicle type, the Passenger vehicle segment is projected to grow at the highest CAGR during the forecast period. By application, the consumer telematics segment is expected to hold the majority of the market share.
Competitive Insights
The OBD Aftermarket is highly competitive in nature with the presence of local & international players. Major players in the industry engage in strategic mergers & acquisitions, partnerships, and new product launches to remain competent in the market. For example, in July 2021, CarDr.Com launched a new OBD app for automotive dealers. Moreover, in August 2020, Teletrac Navman launched an AI-powered telematics platform that leverages the cloud ecosystem that combines data from multiple portable devices and provides a predictive analysis over a centralized window.
The report begins with an overview of the Industry Chain structure, and describes the industry environment, then analyses the market size and forecast of OBD Aftermarkets by type describes the industry environment, then analyses the introduces the market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products, etc.):
- AVL Dites
- Azuga
- Bosch Diagnostics
- CalAmp
- Continental AG
- Danlaw
- ERM Electronic Systems LTD
- Geotab Inc.
- Innova Electronics Corporation
- Metromile
OBD Aftermarket Product Type Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):
- PC-based Software
- Apps
- Service
OBD Aftermarket Vehicle Type Outlook (Revenue, USD Million, 2023 - 2032)
- Passenger Vehicles
- Light Commercial Vehicles (LCV)
- Heavy Commercial Vehicles (HCV)
OBD Aftermarket Application Coverage (Market Size & Forecast, Main Consumer Analysis etc.):
- Consumer Telematics
- Fleet Management
- Usage-based Insurance
Region Coverage (Regional Consumption, Demand & Forecast by Countries etc.):
- North America (U.S., and Canada)
- Europe (Germany, U.K., France, Italy, Spain etc.)
- Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
- South America (Brazil, Mexico, Argentina etc.)
- Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa etc.)
Table Of Content
TABLE OF CONTENT
1. OBD Aftermarket Overview
1.1. Product Overview and Scope of OBD Aftermarket
1.2. Global Market Growth Prospects and Revenue Estimates
1.3. Global OBD Aftermarket Size Growth Rate Analysis by Type, 2023 VS 2032
1.3.1. PC-based Software
1.3.2. Apps
1.3.3. Service
1.4. Global OBD Aftermarket Consumption Comparison by Vehicle Type: 2023 VS 2032
1.4.1. Passenger Vehicles
1.4.2. Light Commercial Vehicles (LCV)
1.4.3. Heavy Commercial Vehicles (HCV)
1.5. Global OBD Aftermarket Consumption Comparison by Application: 2023 VS 2032
1.5.1. Consumer Telematics
1.5.2. Fleet Management
1.5.3. Usage-based Insurance
1.6. Global OBD Aftermarket Size Estimates and Forecasts by Region: 2023 VS 2032
1.6.1. North America OBD Aftermarket Estimates
1.6.2. Europe OBD Aftermarket Estimates
1.6.3. China OBD Aftermarket Estimates
1.6.4. Japan OBD Aftermarket Estimates
2. Market Competition by Manufacturers
2.1. Global OBD Aftermarket Revenue Market Share by Manufacturers (2020)
2.2. OBD Aftermarket Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.3. Global OBD Aftermarket Average Price by Manufacturers (2023- 2032)
2.4. Manufacturers OBD Aftermarket Production Sites, Area Served, Product Types
2.5. OBD Aftermarket Competitive Situation and Trends
2.5.1. OBD Aftermarket Concentration Rate
2.5.2. Mergers & Acquisitions, Expansion
3. Global OBD Aftermarket Consumption by Region (2023- 2032)
3.1. Global OBD Aftermarket Consumption by Region
3.2. Global OBD Aftermarket Consumption Market Share by Region
3.2.1. North America
3.2.2. North America OBD Aftermarket Consumption Growth Rate (2023- 2032)
3.2.3. North America OBD Aftermarket Consumption, Price and Gross Margin (2023- 2032)
3.2.4. North America OBD Aftermarket Consumption by Country
3.2.4.1. U.S.
3.2.4.2. Canada
3.2.5. Europe
3.2.6. Europe OBD Aftermarket Consumption Growth Rate (2023- 2032)
3.2.7. Europe OBD Aftermarket Consumption, Price and Gross Margin (2023- 2032)
3.2.8. Europe OBD Aftermarket Consumption by Country
3.2.8.1. Germany
3.2.8.2. U.K.
3.2.8.3. France
3.2.8.4. Italy
3.2.8.5. Spain
3.2.9. Asia Pacific
3.2.10. Asia Pacific OBD Aftermarket Consumption Growth Rate (2023- 2032)
3.2.11. Asia Pacific OBD Aftermarket Consumption, Price and Gross Margin (2023- 2032)
3.2.12. Asia Pacific OBD Aftermarket Consumption by Country
3.2.12.1. China
3.2.12.2. India
3.2.12.3. Japan
3.2.12.4. Indonesia
3.2.12.5. Malaysia
3.2.12.6. Australia
3.2.12.7. South Korea
3.2.13. South America
3.2.14. South America OBD Aftermarket Consumption Growth Rate (2023- 2032)
3.2.15. South America OBD Aftermarket Consumption, Price and Gross Margin (2023- 2032)
3.2.16. South America OBD Aftermarket Consumption by Country
3.2.16.1. Brazil
3.2.16.2. Mexico
3.2.16.3. Argentina
3.2.17. Middle East and Africa
3.2.18. Middle East and Africa OBD Aftermarket Consumption Growth Rate (2023- 2032)
3.2.19. Middle East and Africa OBD Aftermarket Consumption, Price and Gross Margin (2023- 2032)
3.2.20. Middle East and Africa OBD Aftermarket Consumption by Country
3.2.20.1. Saudi Arabia
3.2.20.2. Kuwait
3.2.20.3. UAE
3.2.20.4. South Africa
4. Global OBD Aftermarket Consumption by Type (2023- 2032)
4.1. Global OBD Aftermarket Price by Type (2023- 2032)
4.2. Global OBD Aftermarket Revenue Market Share by Type (2023- 2032)
4.2.1. PC-based Software
4.2.2. Apps
4.2.3. Service
5. Global OBD Aftermarket Consumption by Vehicle Type (2023- 2032)
5.1. Global OBD Aftermarket Price by Vehicle Type (2023- 2032)
5.2. Global OBD Aftermarket Revenue Market Share by Vehicle Type (2023- 2032)
5.2.1. Passenger Vehicles
5.2.2. Light Commercial Vehicles (LCV)
5.2.3. Heavy Commercial Vehicles (HCV)
6. Global OBD Aftermarket Consumption by Application (2023- 2032)
6.1. Global OBD Aftermarket Price by Application (2023- 2032)
6.2. Global OBD Aftermarket Revenue Market Share by Application (2023- 2032)
6.2.1. Consumer Telematics
6.2.2. Fleet Management
6.2.3. Usage-based Insurance
7. Key Companies Profiled
7.1. AVL Dites
7.1.1. AVL Dites OBD Aftermarket Corporation Information
7.1.2. AVL Dites OBD Aftermarket Product Portfolio
7.1.3. AVL Dites OBD Aftermarket Consumption, Price and Gross Margin (2023- 2032)
7.1.4. AVL Dites Main Business and Markets Served
7.1.5. AVL Dites Recent Developments/Updates
7.2. Azuga
7.3. Bosch Diagnostics
7.4. CalAmp
7.5. Continental AG
7.6. Danlaw
7.7. ERM Electronic Systems LTD
7.8. Geotab Inc.
7.9. Innova Electronics Corporation
7.10. Metromile
8. Marketing Channel, Distributors and Customers
8.1. Marketing Channel
8.2. OBD Aftermarket Distributors List
8.3. OBD Aftermarket Customers
9. Market Dynamics
9.1. OBD Aftermarket Industry Trends
9.2. OBD Aftermarket Growth Drivers
9.3. OBD Aftermarket Challenges
9.4. OBD Aftermarket Restraints
10. Global OBD Aftermarket Consumption and Demand Forecast, by Region (2023-2032)
10.1. Global Forecasted Demand Analysis of OBD Aftermarket, by Regions and Country
10.1.1. North America Forecasted Consumption of OBD Aftermarket by Country
10.1.2. Europe Market Forecasted Consumption of OBD Aftermarket by Country
10.1.3. Asia Pacific Market Forecasted Consumption of OBD Aftermarket by Region
10.1.4. Latin America Forecasted Consumption of OBD Aftermarket by Country
10.1.5. Middle East and Africa Forecasted Consumption of OBD Aftermarket by Country
11. Global OBD Aftermarket Consumption and Demand Forecast, by Type Segments (2023-2032)
11.1. Global Forecasted Consumption of OBD Aftermarket by Type Segments (2023-2032)
11.2. Global Consumption and Price Forecast by Type Segments (2023-2032)
11.3. Global Forecasted Growth Rate of OBD Aftermarket by Type Segments (2023-2032)
12. Global OBD Aftermarket Consumption and Demand Forecast, by Vehicle Type Segments (2023-2032)
12.1. Global Forecasted Consumption of OBD Aftermarket by Vehicle Type Segments (2023-2032)
12.2. Global Consumption and Price Forecast by Vehicle Type Segments (2023-2032)
12.3. Global Forecasted Growth Rate of OBD Aftermarket by Vehicle Type Segments (2023-2032)
13. Global OBD Aftermarket Consumption and Demand Forecast, by Application Segments (2023-2032)
13.1. Global Forecasted Consumption of OBD Aftermarket by Application Segments (2023-2032)
13.2. Global Consumption and Price Forecast by Application Segments (2023-2032)
13.3. Global Forecasted Growth Rate of OBD Aftermarket by Application Segments (2023-2032)
14. Research Finding and Conclusion
15. Methodology and Data Source
15.1. Methodology/Research Approach
15.1.1. Research Programs/Design
15.1.2. Market Size Estimation
15.1.3. Market Breakdown and Data Triangulation
15.2. Data Source
15.2.1. Secondary Sources
15.2.2. Primary Sources
15.3. Author List
15.4. Disclaimer
Research Methodology
Our research studies are primarily performed in five phases which include Secondary Research, Primary Research, Subject Matter Expert Advice, Quality Check, and Final Review. The process opted for conducting thorough research to make authentic business reports is briefly described below-
Secondary Research-
- Based on the understanding of requirements, we conducted secondary research to identify the Segment specifications, qualitative and quantitative data along with the factors responsible for the growth of the market.
- The secondary sources referred for the study include press releases, company annual reports, and research papers related to the industry.
- Various sources such as industry magazines, trade journals, government websites, and associations were also reviewed for gathering precise analysis on opportunities for business expansions in the market.
- Moreover, quantitative as well as qualitative data were also extracted from paid databases, which included Reuters, Factiva, Bloomberg, One Source, and Hoovers, which proved to be useful for in-depth technical study of the market.
Primary Research-
- The research carried out during the desk research was verified by primary interviews. Primary research was scheduled with a number of industry experts for conducting telephonic interviews, and also our team send questionnaires through their official emails.
- The secondary data collected was then verified by various industry participants which included Segment managers, marketing managers, VPs, CEOs, purchasing managers, subject matter experts.
- An interview with the mentioned participants aids invalidation of our research findings regarding the Segment.
- It helps in the provision of first-hand data on factors such as market size, growth, regional trends, market trends, and competition in the industry. This approach makes our findings precise in order to help our clients in strategic decision-making processes.
Subject Matter Advice-
- The secondary and primary research key findings were then validated by the in-house subject matter experts having extensive experience in the market research industry.
- Specific requirements of the clients were reviewed by the experts to check for completion of the market study. Experts help in channelizing the representation skills of the analyst in terms of providing data that can be easily understood by our customers.
Quality Check-
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- This revision was done in various phases to check the data authenticity and to remove negligible errors in the final compilation.
Final Review-
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