Electric vehicle remote diagnostics solution is responsible for tracking status of a vehicle about the detection of any issue occurred during operation and identifying real time vehicle parameters to improve its performance. This solution can be used to monitor performance and working condition of electric commercial and electric utility vehicles. Electric vehicle remote diagnostic solution allows customer to use real time data about the vehicle such as routes and charging level for better performance of the vehicle. The surge in sales of hybrid and electric vehicles will be one of the significant factors which will have a positive impact on the electric vehicle remote diagnostics market growth.  The increase in electric vehicle production propels the growth of the electric vehicle remote diagnostic market as various electric vehicle manufacturers are implementing remote diagnostics as a business model and is also a discriminating factor in the competitive market. Electric vehicle remote diagnostics is a vital telematics application, and the devices using these solutions use onboard diagnostics systems to identify unsafe driving behaviors, track charging efficiency and track fleet mechanisms. Additionally, the remote diagnostics systems are strong and provide a lot of data and information regarding engines and transmissions. These systems help in cutting down fuel emissions and exhaust tailpipe emissions by ensuring efficient engine operation. Also, onboard diagnostics systems can identify any malfunction in engines. These benefits will result in the increase in the adoption of remote diagnostics in the hybrid and electric vehicles during the forecast period. Furthermore, the automotive industry is projected to experience some structural changes in the near term owing to the rapid developments in new technologies. Artificial intelligence (AI) and machine learning will majorly change the manufacturing process enhancing robotic efficiency, precision and consistency. Level 2 automation as well as active safety systems and driver assistance is enabling OEMs to add luring features and boost revenue growth. However, the dearth of regulations to explore data security problems will hamper the market growth.

The increasing penetration of smartphone and the rising use of vehicle telematics is one of the vital electric vehicle remote diagnostics trends which will contribute to the market growth in the coming years. The usage of telematics technology in mobile phones for the connected vehicle service rendering is on the rise over the years in the electric vehicle segment. The benefits of these improved technologies are projected to propel the use of these connected car offerings.

The global Electric Vehicle Remote Diagnostics Market is segregated on the basis of Types as Plug-in and Wireless. Based on Applications the global Electric Vehicle Remote Diagnostics Market is segmented in Home, Maintenance Shop and Electric Fleet.

The global Electric Vehicle Remote Diagnostics Market report provides geographic analysis covering regions, such as Europe, North America, Asia Pacific, and Rest of The World. The Electric Vehicle Remote Diagnostics Market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Analysis

Robert Bosch GmbH, Continental AG, OnStar LLC, VectorInformatik and others are among the major players in the global Electric Vehicle Remote Diagnostics Market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.

• In October 2019, the Robert Bosch GmbH launched Semiconductor technology - Bosch microchips, which avoid electric shock when an accident occurs to electric vehicles. Specifically designed microchips disable the vehicle’s power circuits within a fraction of a second.
• In August 2020, Mercedes Benz announced the next-generation of Mercedes me Apps which consists of Mercedes "Store App", "me App" and "Service App" which enable drivers to stay connected to their Mercedes Benz vehicles and get information on vehicle's status remotely, activate few controls, schedule service, or gather roadside assistance.
• In November 2019, General Motors declared new fleet telemetric solution, OnStar Vehicle Insights, to provide fleet managers and drivers with real-time vehicle data such as vehicle location, driver performance information, vehicle health, remote commands and so on to make daily task easy.

The global Electric Vehicle Remote Diagnostics Market has been segmented as below:

Electric Vehicle Remote Diagnostics Market, By Types

• Plug-in
• Wireless

Electric Vehicle Remote Diagnostics Market, By Applications

• Home
• Maintenance Shop
• Electric Fleet

Electric Vehicle Remote Diagnostics Market, By Region

• Europe
• North America
• Asia Pacific
• Rest of The World

Electric Vehicle Remote Diagnostics Market, By Company

• Robert Bosch GmbH
• Continental AG
• OnStar LLC
• VectorInformatik
• Vidiwave Ltd.
• Tech Mahindra Limited
• Verizon Enterprise
• Transics
• INmatix Technology Group
• ACTIA Group
• Delphi Technologies
• Snap-on Incorporated
• Magneti Marelli S.p.A.
• Softing AG
• Vector Informatik GmbH
• Otonomo
• DSA Daten- und Systemtechnik GmbH
• ZF Friedrichshafen AG
• AVL DiTEST GmbH
• DENSO Corp.
• Eaton Corp. Plc
• General Motors Co.
• Geotab Inc.
• International Business Machines Corp.
• Marelli Holdings Co. Ltd.  

The report covers the below scope:

• Global Electric Vehicle Remote Diagnostics Market sizes from 2020 to 2026, along with CAGR for 2020-2026
• Market size comparison for 2019 vs 2026, with actual data for 2019, estimates for 2019 and forecast from 2020 to 2026
• Global Electric Vehicle Remote Diagnostics Market trends, covering comprehensive range of consumer trends & manufacturer trends
• Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Electric Vehicle Remote Diagnostics Market
• Major market opportunities and challenges in forecast timeframe to be focused
• Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
• Comprehensive company profiles of the key industry players

The years considered for the study are as follows:

• Base year - 2019
• Estimated year - 2019
• Projected year - 2020
• Forecast period - 2021 to 2026

Report Scope:

The global Electric Vehicle Remote Diagnostics Market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Electric Vehicle Remote Diagnostics Market share. Major industry players with significant revenue share include Robert Bosch GmbH, Continental AG, OnStar LLC, VectorInformatik, Vidiwave Ltd. and others.

Why to Buy this Report:

• Gain detailed insights on the Electric Vehicle Remote Diagnostics industry trends
• Find complete analysis on the market status
• Identify the Electric Vehicle Remote Diagnostics Market opportunities and growth segments
• Analyse competitive dynamics by evaluating business segments & product portfolios
• Facilitate strategy planning and industry dynamics to enhance decision making

Target Audience:

• The report targeted towards the existing players in the industry is as follows:
• Market Manufacturers/Service Providers
• Market Wholesale/Traders
• Investment and Financial Institutions

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