Heavy-duty Trucks On-board Diagnostics System Market 2019 Global Analysis, Opportunities and Forecast to 2025
This report provides major statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Pune, India – September 9, 2019 /MarketersMedia/ —
The self-diagnostic and reporting capability of an automobile is termed as on-board diagnostics (OBD). The heavy-duty trucks are capable of transporting enormous cargo weight. The need for running on-board diagnostics for heavy duty car is demanding as the need for effective fleet management is crucial to prevent possibilities of accidents. This is spotted as a major factor that is likely to be responsible for the profound growth of the worldwide heavy duty trucks on board diagnostic system market. The system intimates the owner regarding mal-functionalities of heavy trucks. The early identification of issues not only prevents road accident, sudden vehicle break-down or damage, but also cut-down maintenance price. These factors are expected to gain momentum for the global market. Heavy duty vehicle OBD helps to achieve greater fuel efficiency and higher mileage. These benefits are expected to work in favor of the market. Increase in frequency of on-road goods transportation, escalation of heavy duty truck, growing cognizance about advantages of on-board diagnostics, and high adoption rate of heavy duty trucks on board diagnostic system are other factors that are anticipated to widen its market expansion in the foreseeable future.
However, the market is likely to go through a slow-down as the installation cost for the heavy duty trucks system is high. But in the near future, the market is likely to escalate as a greater number of people are looking for technologies that amplify the value return of their expenses.
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Key Players
A glimpse of the competition prevailing in the global heavy duty trucks on board diagnostic system market can be arrived at through the report. This part of the study has used SWOT analysis tools to narrow down the strengths, weaknesses, opportunities, and threats of each market player.
Continental
Detroit Diesel Corporation
Robert Bosch
Vector Informatik
WABCO Holdings
Segmentation Overview
The worldwide market of heavy duty trucks on board diagnostic system has been examined on the basis on two broad criteria. They are type and application. Considering the application criterion, the market has been divided into diesel vehicles and gasoline vehicles. As diesel vehicles have highest sales number, the market is anticipated to show a vigorous growth pattern in the coming years. Gasoline vehicles sales can wind in high revenue for the market. On considering the product type, the global market has been classified into PC-Based Scan Tools, Hand-Held Scan Tools, Mobile Device-Based Tools. Availability of tools that provide high precision for running heavy-duty trucks on-board diagnostics is expected to gain momentum for the worldwide market.
Detailed Regional Analysis
The heavy duty trucks on board diagnostic system market expansion possibilities has been analyzed across specific regions that include; Asia Pacific, Europe, the Middle East & Africa, and Americas. In North America, the market growth has been examined across Canada, Mexico, United States, and Brazil. Japan, Southeast Asia, Korea, Australia, India, and China are prominent regions of Asia Pacific, where the market growth scopes have been assessed. The sub-segments of Europe are Italy, Spain, UK, Germany, Russia, and France. Turkey, South Africa, Egypt, Israel, and GCC Countries are sub-segments of the Middle East Asia and Africa segment. Augmented need for easy transport, fast-paced industrialization, and widening of urban populace base, and hike in sales of automobiles are causes that are expected to gain traction for the Asia Pacific heavy duty trucks on board diagnostic system market.
Table of Contents
2019-2024 Global Heavy-duty Trucks On-board Diagnostics System Consumption Market Report
1 Scope of the Report
2 Executive Summary
3 Global Heavy-duty Trucks On-board Diagnostics System by Players
4 Heavy-duty Trucks On-board Diagnostics System by Regions
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Marketing, Distributors and Customer
11 Global Heavy-duty Trucks On-board Diagnostics System Market Forecast
12 Key Players Analysis
……Continued
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