REMOTE VEHICLE DIAGNOSTICS MARKET ANALYSIS
Remote Vehicle Diagnostics Market: Regional Insights
The global remote vehicle diagnostics market is segmented on the basis of regions into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. The market for remote vehicle diagnostics market in Asia Pacific region is expected to account largest market share during forecast period, owing to increasing vehicle manufacturing and high demand for electric vehicles in emerging economies such as China and Japan. According to the International Energy Agency’s Global EV Outlook, China held the largest market share for electric vehicles in 2016 accounting for over 40% of the electric cars sold globally, which includes over 200 million electric two-wheelers and over 300,000 electric buses. This factors are expected to propel the growth of the regional remote vehicle diagnostics market by 2025.
On the basis of regions, the global remote vehicle diagnostics market is classified into:
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