Global Automotive On-Board Diagnostics (OBD) Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Product Type;

Threshold Monitoring and Comprehensive Component Monitoring.

By Application;

Passenger Vehicle and Commercial Vehicle.

By Sales Channel;

Manufacturer/Distributor/Service Provider and Aftermarket.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn012777520 Published Date: May, 2024 Updated Date: June, 2024

Introduction

Global Automotive On-Board Diagnostics (OBD) Market (USD Million), 2020 - 2030

In the year 2023, the Global Automotive On-Board Diagnostics (OBD) Market was valued at USD 14,522.87 million. The size of this market is expected to increase to USD 20,435.13 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.

The Global Automotive On-Board Diagnostics (OBD) market has witnessed substantial growth in recent years, owing to the increasing demand for vehicle diagnostics, stringent emission regulations, and the rising complexity of vehicle electronics. OBD systems play a crucial role in modern vehicles by continuously monitoring the performance of various components, detecting faults or malfunctions, and alerting drivers or technicians to take necessary actions. Moreover, the integration of advanced technologies such as IoT (Internet of Things) and AI (Artificial Intelligence) has further enhanced the capabilities of OBD systems, enabling real-time monitoring, predictive maintenance, and remote diagnostics.

One of the key drivers propelling the growth of the global OBD market is the growing emphasis on emission control and environmental sustainability. Governments worldwide are implementing stringent regulations to curb vehicle emissions and promote cleaner transportation. OBD systems, equipped with sensors and diagnostic capabilities, help ensure compliance with these regulations by monitoring emissions-related components and detecting any deviations from the prescribed standards. As a result, automotive manufacturers are increasingly adopting OBD systems to meet regulatory requirements and enhance the environmental performance of their vehicles.

The proliferation of connected vehicles and the advent of telematics technologies have significantly expanded the scope of OBD applications. Modern OBD systems are not only capable of diagnosing vehicle malfunctions but also facilitating various connected services such as remote vehicle tracking, fleet management, and usage-based insurance. This integration of OBD with telematics platforms has opened up new revenue streams for automotive OEMs (Original Equipment Manufacturers) and aftermarket service providers, driving the adoption of OBD solutions across different vehicle segments.

The global automotive OBD market is also witnessing notable innovations and advancements in terms of product development and technology integration. Automotive OEMs and OBD solution providers are investing heavily in R&D to introduce more sophisticated diagnostic tools, enhance data analytics capabilities, and improve user interfaces for better user experience. Moreover, the emergence of predictive maintenance algorithms and AI-driven diagnostics is poised to revolutionize the way vehicle health is monitored and maintained, thereby fueling the demand for advanced OBD solutions in the automotive industry.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Sales Channel
    4. Market Snapshot, By Region
  4. Global Automotive On-Board Diagnostics (OBD) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Regulatory compliance demands
        2. Increasing vehicle electrification trend
        3. Growing focus on emission control
        4. Advancements in diagnostic technology
        5. Demand for vehicle connectivity
      2. Restraints
        1. High implementation costs
        2. Data security concerns
        3. Compatibility issues
        4. Lack of standardization
        5. Limited aftermarket adoption
      3. Opportunities
        1. Rising demand for telematics
        2. Integration with IoT solutions
        3. Expansion in emerging markets
        4. Adoption of remote diagnostics
        5. Development of predictive maintenance
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Automotive On-Board Diagnostics (OBD) Market, By Product Type, 2020 - 2030 (USD Million)
      1. Threshold Monitoring
      2. Comprehensive Component Monitoring
    2. Global Automotive On-Board Diagnostics (OBD) Market, By Application, 2020 - 2030 (USD Million)
      1. Passenger Vehicle
      2. Commercial Vehicle
    3. Global Automotive On-Board Diagnostics (OBD) Market, By Sales Channel, 2020 - 2030 (USD Million)
      1. Manufacturer/Distributor/Service Provider
      2. Aftermarket
    4. Global Automotive On-Board Diagnostics (OBD) Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Bosch Automotive Service Solutions
      2. Continental AG
      3. Delphi Technologies
      4. DENSO Corporation
      5. Magneti Marelli S.p.A. (now part of Calsonic Kansei)
      6. Vector Informatik GmbH
      7. AVL List GmbH
      8. ACTIA Group
      9. Hella GmbH & Co. KGaA
      10. Softing AG
      11. Snap-on Incorporated
      12. Sierra Wireless
      13. KPIT Technologies
      14. Innova Electronics Corporation
      15. TomTom International BV
  7. Analyst Views
  8. Future Outlook of the Market