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The automotive OBD market size is forecast to increase by USD 62.49 billion at a CAGR of 24.27% between 2023 and 2028. The market is experiencing significant growth due to several key trends. One of the primary drivers is the increasing adoption of usage-based insurance (UBI) schemes, which utilize OBD systems as measurement parameters to assess vehicle usage and driving behavior. Another trend is the growing focus on remote diagnostics, which enables automakers and service providers to identify and resolve issues in real time, enhancing customer satisfaction and reducing downtime. Additionally, the integration of telematics into OBD systems is becoming increasingly costly but essential for offering advanced features such as vehicle tracking, predictive maintenance, and real-time traffic information. These factors are expected to fuel the growth of the Automotive OBD market in the coming years.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Vehicle Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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