Global Commercial Vehicle Remote Diagnostics Market Size & Outlook
The commercial vehicle remote diagnostics industry worldwide is expected to reach a projected revenue of US$ 8,700.9 million by 2030. A compound annual growth rate of 7.4% is expected of the worldwide commercial vehicle remote diagnostics industry from 2024 to 2030.
Revenue, 2023 (US$M)
$5,274.0
Forecast, 2030 (US$M)
$8,700.9
CAGR, 2024 - 2030
7.4%
Report Coverage
Worldwide
Global commercial vehicle remote diagnostics market, 2018-2030 (US$M)
Related Markets
Global commercial vehicle remote diagnostics market highlights
- The global commercial vehicle remote diagnostics market generated a revenue of USD 5,274.0 million in 2023 and is expected to reach USD 8,700.9 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7.4% by 2030.
- In terms of segment, hardware accounted for a revenue of USD 5,274.0 million in 2023.
- Hardware is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 5,274.0 million |
| Market revenue in 2030 | USD 8,700.9 million |
| Growth rate | 7.4% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Hardware |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware |
Other key industry trends
- In terms of revenue, the North America accounted for 35.8% of the global commercial vehicle remote diagnostics market in 2023.
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Commercial Vehicle Remote Diagnostics Market Scope
Commercial vehicle remote diagnostics market segmentation & scope
Vehicle Type
Passenger Car
Commercial Vehicle
Application
Vehicle Health Tracking & Diagnosis
Vehicle Maintenance & Repair
Fleet Management
Predictive Analysis
End Use
Original Equipment Manufacturers (OEMs)
Aftermarket
Countries
U.S.
Canada
Mexico
UK
Germany
France
Australia
China
India
Japan
South Korea
Brazil
Saudi Arabia
South Africa
UAE
Commercial Vehicle Remote Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global commercial vehicle remote diagnostics market size, by regions, 2018-2030 (US$M)
Related industry reports
Related regional statistics
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