The US Automotive Diagnostics Market is expected to reach USD 14.48 Billion by 2028, 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 owner or repair technician regarding the status of the various vehicle subsystems.access to the vehicle

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 2020; 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.

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Over the recent past, the automotive industry has witnessed massive evolution and transformation owing to the advent of digital platforms and rapid integration of IoT. Growing levels of expendable income and paradigm shift in consumer preference has significantly contributed to development of the automotive sector across the globe. The global US Automotive Diagnostics market report highlights the recent mergers and acquisitions, collaborations, and partnerships that have contributed to revenue growth of the market. Increasing demand for hybrid and fully-electric vehicles and rising awareness about alternative fuels have also boosted revenue growth of the market.

Vehicle type Outlook (Revenue, USD Billion; 2018-2028)

Commercial
Passenger

Communication system Outlook (Revenue, USD Billion; 2018-2028)

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; 2018-2028)

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

Technology type Outlook (Revenue, USD Billion; 2018-2028)

4G LTE
3G
Bluetooth
Wi-Fi

Offering type Outlook (Revenue, USD Billion; 2018-2028)

Software
Hardware

Propulsion type Outlook (Revenue, USD Billion; 2018-2028)

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

Product type Outlook (Revenue, USD Billion; 2018-2028)

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; 2018-2028)

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

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The automotive sector is expected to witness numerous challenges over the forecast period pertaining to increasing efforts required by the OEMs to stay attuned with the digitization and electrification of the industry. Emergence of electric vehicles and growing need for accessible charging stations can be a limiting factor in developing countries due to insufficient resources and lack of standard infrastructure. However, the rapid shift in consumer preference and increasing financial support in the sector can help overcome the barriers.

Regions assessed in the report include:

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

Key Questions Answered in the Report:

What is the expected revenue growth rate of the global US Automotive Diagnostics market over the forecast period?
What are the key factors driving and restraining market growth over the forecast period?
Who are the key manufacturers/ OEMs in the global market?
What are the key outcomes of SWOT analysis and Porter’s Five Forces analysis?
What is the expected sales, revenue, and volume of the global US Automotive Diagnostics market during the forecast period?
Which region is expected to account for largest revenue share in the global market?

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