Heavy-duty Trucks On-board Diagnostics System Market to grow at 3.24% CAGR from 2024-2028 | Need For Fleet Operators To Reduce Total Cost Of Ownership to Boost Growth | Technavio

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Jan 25, 2024, 12:20 ET

NEW YORK, Jan. 25, 2024 /PRNewswire/ -- The Global Heavy-duty Trucks On-board Diagnostics System Market is projecting substantial growth, at a Compound Annual Growth Rate (CAGR) of 3.42%, according to a report by Technavio. The market is set to witness an increase of USD 89.21 million between 2023 and 2028, propelled by the need for fleet operators to reduce the total cost of ownership and the increasing adoption of electronic content in modern vehicles. Gain insights into market scenarios with historical data spanning from 2018 to 2022 and future projections for the period 2024-2028. Claim your FREE sample report now!

Technavio has announced its latest market research report titled Global Heavy-duty Trucks On-board Diagnostics System Market 2024-2028

Key Drivers, Trends, and Challenges: Analyzing data from 2023 as the base year, the report highlights key drivers stimulating market growth, notably the surge in the adoption of electronic content in modern vehicles. The commercial vehicle industry is experiencing increased demand for advanced assistance systems, pushing the adoption of electrical distribution systems in vehicles. However, the challenge lies in the high cost of vehicle telematics services, posing a threat to market growth.

Heavy-duty Trucks On-board Diagnostics System Market 2024-2028 : Companies Analysis

Some of the leading companies such as ACTIA Group, Continental AG, Cummins Inc., and others are strategically positioning themselves to fortify their market presence. The report provides detailed analyses of 20 market companies, categorizing them based on key factors and market dominance. Get your hands on this exclusive report that covers competitive landscape and emerging markets by purchasing the full report today!

Market Segmentation Overview: The market is set for significant growth in the class 8 segment, valued at USD 332.27 million in 2018. North America is projected to contribute 36% to the global market growth during the forecast period. This report delves into market segmentation based on Vehicle Type, Type, and Region. The heavy-duty trucks on-board diagnostics system market is set for remarkable expansion, driven by factors reshaping the operational landscape across industries. Obtain actionable insights and stay ahead in an ever-evolving market landscape.
If you're ready to explore the dynamics of the heavy-duty trucks on-board diagnostics system market, our FREE sample report is just a click away.

Related Reports:
The Global Automotive On-Board Diagnostics (OBD) Market size is estimated to grow by USD 35.6 Billion between 2022 and 2027 accelerating at a CAGR of 18.29%.
The Europe - heavy-duty trucks market size is estimated to grow at a CAGR of 6.91% between 2022 and 2027. The market size is forecast to increase by USD 13.3 Billion.

Heavy-duty Trucks On-board Diagnostics System Market 2024-2028 : Segmentation

Heavy-duty Trucks On-board Diagnostics System Market is segmented as below:

Vehicle Type

Class 8
Class 7

Type

Hand-held Scan Tools
Mobile Device Based Tools
PC-based Scan Tools

Geography

North America
APAC
Europe
South America
Middle East And Africa

Heavy-duty Trucks On-board Diagnostics System Market 2024-2028 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our heavy-duty trucks on-board diagnostics system market report covers the following areas:

Heavy-duty Trucks On-board Diagnostics System Market size
Heavy-duty Trucks On-board Diagnostics System Market trends
Heavy-duty Trucks On-board Diagnostics System Market industry analysis

This study identifies Emergence of truck platooning as one of the prime reasons driving the heavy-duty trucks on-board diagnostics system market growth during the next few years.

Table Of Contents :

1 Executive Summary

1.1 Market overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Vehicle Type
Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
Exhibit 07: Executive Summary – Chart on Incremental Growth
Exhibit 08: Executive Summary – Data Table on Incremental Growth
Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 13: Market segments

3.3 Market size 2023

3.4 Market outlook: Forecast for 2023-2028

Exhibit 14: Chart on Global - Market size and forecast 2023-2028 (USD million)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 (USD million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global heavy-duty trucks nn-board diagnostics system market 2018 - 2022

Exhibit 18: Historic Market Size – Data Table on global heavy-duty trucks nn-board diagnostics system market 2018 - 2022 (USD million)

4.2 Vehicle Type Segment Analysis 2018 - 2022

Exhibit 19: Historic Market Size – Vehicle Type Segment 2018 - 2022 (USD million)

4.3 Type Segment Analysis 2018 - 2022

Exhibit 20: Historic Market Size – Type Segment 2018 - 2022 (USD million)

4.4 Geography Segment Analysis 2018 - 2022

Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 (USD million)

4.5 Country Segment Analysis 2018 - 2022

Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 (USD million)

5 Five Forces Analysis

5.1 Five forces summary

Exhibit 23: Five forces analysis - Comparison between 2023 and 2028

5.2 Bargaining power of buyers

Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028

5.3 Bargaining power of suppliers

Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028

5.4 Threat of new entrants

Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028

5.5 Threat of substitutes

Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028

5.6 Threat of rivalry

Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028

5.7 Market condition

Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Vehicle Type

6.1 Market segments

Exhibit 30: Chart on Vehicle Type - Market share 2023-2028 (%)
Exhibit 31: Data Table on Vehicle Type - Market share 2023-2028 (%)

6.2 Comparison by Vehicle Type

Exhibit 32: Chart on Comparison by Vehicle Type
Exhibit 33: Data Table on Comparison by Vehicle Type

6.3 Class 8 - Market size and forecast 2023-2028

Exhibit 34: Chart on Class 8 - Market size and forecast 2023-2028 (USD million)
Exhibit 35: Data Table on Class 8 - Market size and forecast 2023-2028 (USD million)
Exhibit 36: Chart on Class 8 - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Class 8 - Year-over-year growth 2023-2028 (%)

6.4 Class 7 - Market size and forecast 2023-2028

Exhibit 38: Chart on Class 7 - Market size and forecast 2023-2028 (USD million)
Exhibit 39: Data Table on Class 7 - Market size and forecast 2023-2028 (USD million)
Exhibit 40: Chart on Class 7 - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Class 7 - Year-over-year growth 2023-2028 (%)

6.5 Market opportunity by Vehicle Type

Exhibit 42: Market opportunity by Vehicle Type (USD million)
Exhibit 43: Data Table on Market opportunity by Vehicle Type (USD million)

7 Market Segmentation by Type

7.1 Market segments

Exhibit 44: Chart on Type - Market share 2023-2028 (%)
Exhibit 45: Data Table on Type - Market share 2023-2028 (%)

7.2 Comparison by Type

Exhibit 46: Chart on Comparison by Type
Exhibit 47: Data Table on Comparison by Type

7.3 Hand-held scan tools - Market size and forecast 2023-2028

Exhibit 48: Chart on Hand-held scan tools - Market size and forecast 2023-2028 (USD million)
Exhibit 49: Data Table on Hand-held scan tools - Market size and forecast 2023-2028 (USD million)
Exhibit 50: Chart on Hand-held scan tools - Year-over-year growth 2023-2028 (%)
Exhibit 51: Data Table on Hand-held scan tools - Year-over-year growth 2023-2028 (%)

7.4 Mobile device based tools - Market size and forecast 2023-2028

Exhibit 52: Chart on Mobile device based tools - Market size and forecast 2023-2028 (USD million)
Exhibit 53: Data Table on Mobile device based tools - Market size and forecast 2023-2028 (USD million)
Exhibit 54: Chart on Mobile device based tools - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Mobile device based tools - Year-over-year growth 2023-2028 (%)

7.5 PC-based scan tools - Market size and forecast 2023-2028

Exhibit 56: Chart on PC-based scan tools - Market size and forecast 2023-2028 (USD million)
Exhibit 57: Data Table on PC-based scan tools - Market size and forecast 2023-2028 (USD million)
Exhibit 58: Chart on PC-based scan tools - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on PC-based scan tools - Year-over-year growth 2023-2028 (%)

7.6 Market opportunity by Type

Exhibit 60: Market opportunity by Type (USD million)
Exhibit 61: Data Table on Market opportunity by Type (USD million)

8 Customer Landscape

8.1 Customer landscape overview

Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation

Exhibit 63: Chart on Market share by geography 2023-2028 (%)
Exhibit 64: Data Table on Market share by geography 2023-2028 (%)

9.2 Geographic comparison

Exhibit 65: Chart on Geographic comparison
Exhibit 66: Data Table on Geographic comparison

9.3 North America - Market size and forecast 2023-2028

Exhibit 67: Chart on North America - Market size and forecast 2023-2028 (USD million)
Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 (USD million)
Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)

9.4 APAC - Market size and forecast 2023-2028

Exhibit 71: Chart on APAC - Market size and forecast 2023-2028 (USD million)
Exhibit 72: Data Table on APAC - Market size and forecast 2023-2028 (USD million)
Exhibit 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)

9.5 Europe - Market size and forecast 2023-2028

Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 (USD million)
Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 (USD million)
Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)

9.6 South America - Market size and forecast 2023-2028

Exhibit 79: Chart on South America - Market size and forecast 2023-2028 (USD million)
Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 (USD million)
Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)

9.7 Middle East and Africa - Market size and forecast 2023-2028

Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 (USD million)
Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 (USD million)
Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)

9.8 US - Market size and forecast 2023-2028

Exhibit 87: Chart on US - Market size and forecast 2023-2028 (USD million)
Exhibit 88: Data Table on US - Market size and forecast 2023-2028 (USD million)
Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)

9.9 Germany - Market size and forecast 2023-2028

Exhibit 91: Chart on Germany - Market size and forecast 2023-2028 (USD million)
Exhibit 92: Data Table on Germany - Market size and forecast 2023-2028 (USD million)
Exhibit 93: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on Germany - Year-over-year growth 2023-2028 (%)

9.10 China - Market size and forecast 2023-2028

Exhibit 95: Chart on China - Market size and forecast 2023-2028 (USD million)
Exhibit 96: Data Table on China - Market size and forecast 2023-2028 (USD million)
Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)

9.11 Japan - Market size and forecast 2023-2028

Exhibit 99: Chart on Japan - Market size and forecast 2023-2028 (USD million)
Exhibit 100: Data Table on Japan - Market size and forecast 2023-2028 (USD million)
Exhibit 101: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on Japan - Year-over-year growth 2023-2028 (%)

9.12 UK - Market size and forecast 2023-2028

Exhibit 103: Chart on UK - Market size and forecast 2023-2028 (USD million)
Exhibit 104: Data Table on UK - Market size and forecast 2023-2028 (USD million)
Exhibit 105: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on UK - Year-over-year growth 2023-2028 (%)

9.13 Market opportunity by geography

Exhibit 107: Market opportunity by geography (USD million)
Exhibit 108: Data Tables on Market opportunity by geography (USD million)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges

Exhibit 109: Impact of drivers and challenges in 2023 and 2028

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape

Exhibit 110: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption

Exhibit 111: Overview on factors of disruption

11.4 Industry risks

Exhibit 112: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered

Exhibit 113: Vendors covered

12.2 Market positioning of vendors

Exhibit 114: Matrix on vendor position and classification

12.3 ACTIA Group

Exhibit 115: ACTIA Group - Overview
Exhibit 116: ACTIA Group - Business segments
Exhibit 117: ACTIA Group - Key offerings
Exhibit 118: ACTIA Group - Segment focus

12.4 Autel Intelligent Technology Co.

Exhibit 119: Autel Intelligent Technology Co. - Overview
Exhibit 120: Autel Intelligent Technology Co. - Product / Service
Exhibit 121: Autel Intelligent Technology Co. - Key offerings

12.5 AVL DiTEST GmbH

Exhibit 122: AVL DiTEST GmbH - Overview
Exhibit 123: AVL DiTEST GmbH - Product / Service
Exhibit 124: AVL DiTEST GmbH - Key offerings

12.6 Bridgestone Corp.

Exhibit 125: Bridgestone Corp. - Overview
Exhibit 126: Bridgestone Corp. - Business segments
Exhibit 127: Bridgestone Corp. - Key news
Exhibit 128: Bridgestone Corp. - Key offerings
Exhibit 129: Bridgestone Corp. - Segment focus

12.7 CalAmp Corp.

Exhibit 130: CalAmp Corp. - Overview
Exhibit 131: CalAmp Corp. - Business segments
Exhibit 132: CalAmp Corp. - Key offerings
Exhibit 133: CalAmp Corp. - Segment focus

12.8 Continental AG

Exhibit 134: Continental AG - Overview
Exhibit 135: Continental AG - Business segments
Exhibit 136: Continental AG - Key offerings
Exhibit 137: Continental AG - Segment focus

12.9 Cummins Inc.

Exhibit 138: Cummins Inc. - Overview
Exhibit 139: Cummins Inc. - Business segments
Exhibit 140: Cummins Inc. - Key offerings
Exhibit 141: Cummins Inc. - Segment focus

12.10 iWave Systems Technologies Pvt. Ltd.

Exhibit 142: iWave Systems Technologies Pvt. Ltd. - Overview
Exhibit 143: iWave Systems Technologies Pvt. Ltd. - Product / Service
Exhibit 144: iWave Systems Technologies Pvt. Ltd. - Key offerings

12.11 Moj.io Inc.

Exhibit 145: Moj.io Inc. - Overview
Exhibit 146: Moj.io Inc. - Product / Service
Exhibit 147: Moj.io Inc. - Key offerings

12.12 OBD Solutions LLC

Exhibit 148: OBD Solutions LLC - Overview
Exhibit 149: OBD Solutions LLC - Product / Service
Exhibit 150: OBD Solutions LLC - Key offerings

12.13 Robert Bosch GmbH

Exhibit 151: Robert Bosch GmbH - Overview
Exhibit 152: Robert Bosch GmbH - Business segments
Exhibit 153: Robert Bosch GmbH - Key news
Exhibit 154: Robert Bosch GmbH - Key offerings
Exhibit 155: Robert Bosch GmbH - Segment focus

12.14 Vector Informatik GmbH

Exhibit 156: Vector Informatik GmbH - Overview
Exhibit 157: Vector Informatik GmbH - Product / Service
Exhibit 158: Vector Informatik GmbH - Key offerings

12.15 Vidiwave Ltd.

Exhibit 159: Vidiwave Ltd. - Overview
Exhibit 160: Vidiwave Ltd. - Product / Service
Exhibit 161: Vidiwave Ltd. - Key offerings

12.16 ZF Friedrichshafen AG

Exhibit 162: ZF Friedrichshafen AG - Overview
Exhibit 163: ZF Friedrichshafen AG - Business segments
Exhibit 164: ZF Friedrichshafen AG - Key news
Exhibit 165: ZF Friedrichshafen AG - Key offerings
Exhibit 166: ZF Friedrichshafen AG - Segment focus

12.17 Zubie Inc.

Exhibit 167: Zubie Inc. - Overview
Exhibit 168: Zubie Inc. - Product / Service
Exhibit 169: Zubie Inc. - Key offerings

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist

Exhibit 170: Inclusions checklist
Exhibit 171: Exclusions checklist

13.3 Currency conversion rates for USUSD

Exhibit 172: Currency conversion rates for USUSD

13.4 Research methodology

Exhibit 173: Research methodology
Exhibit 174: Validation techniques employed for market sizing
Exhibit 175: Information sources

13.5 List of abbreviations

Exhibit 176: List of abbreviations

About US

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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