Home / Market Activities / Commercial Vehicle Remote diagnostics market to grow at a CAGR of 19.28% by the period 2017-2021.

Commercial Vehicle Remote diagnostics market to grow at a CAGR of 19.28% by the period 2017-2021.

The Commercial Vehicle Remote Diagnostics Market research report covers the present scenario and the growth prospects of the global Commercial Vehicle Remote Diagnostics industry for 2017-2021.

Key Vendors of Commercial Vehicle Remote Diagnostics Market:

• Continental

• Bosch

• Vector Informatik

• Vidiwave

 

Commercial Vehicle Remote Diagnostics Market Drivers:

• Need to reduce total cost of ownership (TCO) of vehicles for fleet operators

• Expanding used commercial vehicles market

• Usage-based insurance (UBI) model to drive the utility value of remote diagnostics

• For a full, detailed list, view our report

Commercial Vehicle Remote Diagnostics Market Challenge:

• Disruptive effects on existing business models as a result of remote diagnostics

• Cultural resistance from customers

• Data security in telematics industry

• Complexity in telematics software and hardware design

• Satisfaction gained from low-cost aftermarket components

• Subscription cost of telematics services

• For a full, detailed list, view our report

Commercial Vehicle Remote Diagnostics Market Trend:

• Increasing mobile phone integration with the telematics system and vehicle diagnostics based insurance programs

• Remote diagnostics beyond vehicular systems’ performance

About Piyush Rajan

Asst. Business Editor |Telematics Wire | Smart automotive

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