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Global automotive on-board diagnostics system market to grow at a CAGR of 7.41% during 2014-2019




(IT-NEWSWIRE.COM, September 15, 2015 ) Portland, OR --



About automotive on-board diagnostics



During the early 1980s, automotive manufacturers started using electronics and on-board computers to control engine functions of a vehicle, which led to the development of complicated vehicle technologies. To address the increasing complexity of the vehicle operation, these manufacturers developed efficient ways to diagnose vehicle issues and created pro-active maintenance indicators to enhance fuel economy and durability of the vehicle.



An automotive on-board diagnostics system (also known as OBD-l) is one such integrated system with a technology that helps automobile engineers/technicians identify and diagnose issues in the engine's computerized systems. The system consists of various sensors and circuits that detect any kind of system or component failure and provide an indication regarding the system malfunction through pre-defined diagnostic codes. These codes are stored in the vehicle's computer system. In addition, the OBD-I had few basic emission measurement features such as exhaust gas recirculation valve and catalytic converter, which is a vehicle emissions control device that converts toxic pollutants in the exhaust gas to less toxic pollutants by catalyzing a redox reaction.



By the early 1990s, manufacturers introduced an upgraded advanced on-board diagnostics system (also known as OBD-II) to address as the complexity of an engine and the usage of automated computerized systems to control various functionalities of the vehicle increased to a higher level.



The global automotive on-board diagnostics system market to grow at a CAGR of 7.41% during 2014-2019.



Enquire about this report at: http://www.bigmarketresearch.com/report-enquiry/327707



Covered in this report



The global automotive on-board diagnostics system market can be segmented into threshold monitoring and comprehensive component monitoring.

Global Automotive On-Board Diagnostics System Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.



Key vendors

Autel

Bosch Diagnostics

Detroit Diesel

Innova Electronics

Vector Informatik



Other prominent vendors

Automatic

AVL Ditest

CarShield

Carvoyant

Dash Labs

EASE Diagonostics

Hickok Incorporated

Mojio

Voxx International

Zubie



Market driver

Regulations enforcing mandatory OBD systems

For a full, detailed list, view our report



Market challenge

Declining number of vehicle repair and service stations

For a full, detailed list, view our report



Market trend

Focus on remote diagnostics

For a full, detailed list, view our report



Key questions answered in this report

What will the market size be in 2019 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?



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Big Market Research

James Jordan

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james@bigmarketresearch.com

Source: EmailWire.Com

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