Vehicle Diagnostics Market Report and Forecast 2025-2034
Market Report I 2025-07-14 I 167 Pages I EMR Inc.
The global vehicle diagnostics market attained a value of nearly USD 36.46 Billion in 2024. The market is projected to grow at a CAGR of 15.00% between 2025 and 2034 to reach a value of around USD 147.50 Billion by 2034.
Key Trends in the Market
Vehicle diagnostics refers to a mechanism which involves the identification and assessment of vehicular problems that can impede vehicles' normal operations. Vehicle diagnostic is carried out using digital technologies, systems, and hardware and software components.
- Stringent road safety regulations across emerging economies, coupled with surging cases of accidents and car crashes, are driving the vehicle diagnostics market growth.
- Increasing sales of passenger and commercial vehicles, owing to the thriving transportation sector, rising disposable incomes, and rapid urbanisation, are further fuelling the growth of the market for vehicle diagnostics.
- Increasing investments towards developing advanced intelligent diagnostic systems that can determine and optimise fuel utilisation of vehicles while reducing the risk of internal or external errors are bolstering the vehicle diagnostics market growth.
- Over the forecast period, the anticipated increase in the demand for high-end luxury vehicles, especially across highly developed economies, is expected to boost the applications of vehicle diagnostics.
Market Segmentation
The EMR's report titled "Vehicle Diagnostics Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Engine
- IC Engines
- Electric
Market Breakup by Connectivity
- 4G LTE
- 3G
- Wi-Fi
- Bluetooth
- Others
Market Breakup by Application
- Vehicle Tracking
- Automatic Crash Notification
- Vehicle Health Alert
- Roadside Assistance
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Market Share by Engine
HEVs account for a healthy share of the vehicle diagnostics market. This can be attributed to the growing environmental concerns and rapid transition from conventional automobiles towards advanced hybrid cars.
HEVs can encounter several types of faults, such as drive line faults, wiring harness faults, wheel faults, and gearbox faults, among others, making diagnostics crucial for these vehicles. In addition, vehicle diagnostic systems are used to monitor lithium-ion battery health and meet the safety requirements of HEVs while enhancing their fuel efficiency.
Market Share by Region
North America is expected to significantly contribute to the market in the forecast period due to innovations and technological developments. These developments include the incorporation of on-board diagnostic systems (OBD) into new vehicles to virtually monitor vehicle components and emission performance.
Moreover, the strong foothold of major automotive manufacturers across well-established economies such as the United States and Canada is likely to aid the market for vehicle diagnostics in the forecast period.
Competitive Landscape
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global vehicle diagnostics market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
Borgwarner Inc.
Borgwarner Inc.is a leading automotive company which designs and manufactures innovative and sustainable mobility systems. The company was founded in 1928 and is headquartered in Michigan, the United States.
KPIT Technologies Limited
KPIT Technologies Limitedis a multinational corporation which offers end-to-end vehicle diagnostics solutions and services and is dedicated towards advancing mobility ecosystems. It was established in 1990 and is headquartered in Maharashtra, India.
Robert Bosch GmbH
Robert Bosch GmbHis a multinational engineering company which offers a complete range of special service tools, vehicle diagnostic solutions, and workshop equipment, among others. It was founded in 1886 and is headquartered in Gerlingen, Germany.
Other market players include Continental AG, Snap-on Incorporated, Softing Automotive Electronics GmbH, Vector Informatik GmbH, Vidiwave Ltd, ACTIA Group, Denso Corporation, and General Technologies Corp, among others.
1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Global Vehicle Diagnostics Market Analysis
5.1 Key Industry Highlights
5.2 Global Vehicle Diagnostics Historical Market (2018-2024)
5.3 Global Vehicle Diagnostics Market Forecast (2025-2034)
5.4 Global Vehicle Diagnostics Market by Engine
5.4.1 IC Engines
5.4.1.1 Historical Trend (2018-2024)
5.4.1.2 Forecast Trend (2025-2034)
5.4.1.3 Breakup by Type
5.4.1.3.1 Light Commercial Vehicle
5.4.1.3.2 Cars
5.4.1.3.3 Medium and Heavy Commercial Vehicle
5.4.2 Electric
5.4.2.1 Historical Trend (2018-2024)
5.4.2.2 Forecast Trend (2025-2034)
5.4.2.3 Breakup by Type
5.4.2.3.1 HEV
5.4.2.3.2 BEV
5.5 Global Vehicle Diagnostics Market by Connectivity
5.5.1 4G LTE
5.5.1.1 Historical Trend (2018-2024)
5.5.1.2 Forecast Trend (2025-2034)
5.5.2 3G
5.5.2.1 Historical Trend (2018-2024)
5.5.2.2 Forecast Trend (2025-2034)
5.5.3 Wi-Fi
5.5.3.1 Historical Trend (2018-2024)
5.5.3.2 Forecast Trend (2025-2034)
5.5.4 Bluetooth
5.5.4.1 Historical Trend (2018-2024)
5.5.4.2 Forecast Trend (2025-2034)
5.5.5 Others
5.6 Global Vehicle Diagnostics Market by Application
5.6.1 Vehicle Tracking
5.6.1.1 Historical Trend (2018-2024)
5.6.1.2 Forecast Trend (2025-2034)
5.6.2 Automatic Crash Notification
5.6.2.1 Historical Trend (2018-2024)
5.6.2.2 Forecast Trend (2025-2034)
5.6.3 Vehicle Health Alert
5.6.3.1 Historical Trend (2018-2024)
5.6.3.2 Forecast Trend (2025-2034)
5.6.4 Roadside Assistance
5.6.4.1 Historical Trend (2018-2024)
5.6.4.2 Forecast Trend (2025-2034)
5.7 Global Vehicle Diagnostics Market by Region
5.7.1 North America
5.7.1.1 Historical Trend (2018-2024)
5.7.1.2 Forecast Trend (2025-2034)
5.7.2 Europe
5.7.2.1 Historical Trend (2018-2024)
5.7.2.2 Forecast Trend (2025-2034)
5.7.3 Asia Pacific
5.7.3.1 Historical Trend (2018-2024)
5.7.3.2 Forecast Trend (2025-2034)
5.7.4 Latin America
5.7.4.1 Historical Trend (2018-2024)
5.7.4.2 Forecast Trend (2025-2034)
5.7.5 Middle East and Africa
5.7.5.1 Historical Trend (2018-2024)
5.7.5.2 Forecast Trend (2025-2034)
6 North America Vehicle Diagnostics Market Analysis
6.1 United States of America
6.1.1 Historical Trend (2018-2024)
6.1.2 Forecast Trend (2025-2034)
6.2 Canada
6.2.1 Historical Trend (2018-2024)
6.2.2 Forecast Trend (2025-2034)
7 Europe Vehicle Diagnostics Market Analysis
7.1 United Kingdom
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Germany
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 France
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
7.4 Italy
7.4.1 Historical Trend (2018-2024)
7.4.2 Forecast Trend (2025-2034)
7.5 Others
8 Asia Pacific Vehicle Diagnostics Market Analysis
8.1 China
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Japan
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 India
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
8.4 ASEAN
8.4.1 Historical Trend (2018-2024)
8.4.2 Forecast Trend (2025-2034)
8.5 Australia
8.5.1 Historical Trend (2018-2024)
8.5.2 Forecast Trend (2025-2034)
8.6 Others
9 Latin America Vehicle Diagnostics Market Analysis
9.1 Brazil
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Argentina
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
9.3 Mexico
9.3.1 Historical Trend (2018-2024)
9.3.2 Forecast Trend (2025-2034)
9.4 Others
10 Middle East and Africa Vehicle Diagnostics Market Analysis
10.1 Saudi Arabia
10.1.1 Historical Trend (2018-2024)
10.1.2 Forecast Trend (2025-2034)
10.2 United Arab Emirates
10.2.1 Historical Trend (2018-2024)
10.2.2 Forecast Trend (2025-2034)
10.3 Nigeria
10.3.1 Historical Trend (2018-2024)
10.3.2 Forecast Trend (2025-2034)
10.4 South Africa
10.4.1 Historical Trend (2018-2024)
10.4.2 Forecast Trend (2025-2034)
10.5 Others
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter's Five Forces Analysis
11.2.1 Supplier's Power
11.2.2 Buyer's Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Value Chain Analysis
13 Competitive Landscape
13.1 Supplier Selection
13.2 Key Global Players
13.3 Key Regional Players
13.4 Key Player Strategies
13.5 Company Profiles
13.5.1 Borgwarner Inc.
13.5.1.1 Company Overview
13.5.1.2 Product Portfolio
13.5.1.3 Demographic Reach and Achievements
13.5.1.4 Certifications
13.5.2 KPIT Technologies Limited
13.5.2.1 Company Overview
13.5.2.2 Product Portfolio
13.5.2.3 Demographic Reach and Achievements
13.5.2.4 Certifications
13.5.3 Robert Bosch GmbH
13.5.3.1 Company Overview
13.5.3.2 Product Portfolio
13.5.3.3 Demographic Reach and Achievements
13.5.3.4 Certifications
13.5.4 Continental AG
13.5.4.1 Company Overview
13.5.4.2 Product Portfolio
13.5.4.3 Demographic Reach and Achievements
13.5.4.4 Certifications
13.5.5 Snap-on Incorporated
13.5.5.1 Company Overview
13.5.5.2 Product Portfolio
13.5.5.3 Demographic Reach and Achievements
13.5.5.4 Certifications
13.5.6 Softing Automotive Electronics GmbH
13.5.6.1 Company Overview
13.5.6.2 Product Portfolio
13.5.6.3 Demographic Reach and Achievements
13.5.6.4 Certifications
13.5.7 Vector Informatik GmbH
13.5.7.1 Company Overview
13.5.7.2 Product Portfolio
13.5.7.3 Demographic Reach and Achievements
13.5.7.4 Certifications
13.5.8 Vidiwave Ltd
13.5.8.1 Company Overview
13.5.8.2 Product Portfolio
13.5.8.3 Demographic Reach and Achievements
13.5.8.4 Certifications
13.5.9 ACTIA Group
13.5.9.1 Company Overview
13.5.9.2 Product Portfolio
13.5.9.3 Demographic Reach and Achievements
13.5.9.4 Certifications
13.5.10 Denso Corporation
13.5.10.1 Company Overview
13.5.10.2 Product Portfolio
13.5.10.3 Demographic Reach and Achievements
13.5.10.4 Certifications
13.5.11 General Technologies Corp
13.5.11.1 Company Overview
13.5.11.2 Product Portfolio
13.5.11.3 Demographic Reach and Achievements
13.5.11.4 Certifications
13.5.12 Others
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