Predict your next investment

CarMD company logo
INTERNET | Internet Software & Services / Business Intelligence, Analytics & Performance Mgmt
carmd.com

See what CB Insights has to offer

About CarMD

CarMD offers a full suite of telematics solutions for the automotive aftermarket to provide business intelligence, remote diagnostics, parts, and vehicle management technology. It is based in Irvine, California.

CarMD Headquarter Location

17352 Von Karman Ave

Irvine, California, 92614,

United States

Latest CarMD News

$ 2.51 billion Growth Expected in Automotive Diagnostic Scan Tools Market|APAC to Notice Maximum Growth | Technavio

May 25, 2021

| Technavio News provided by Share this article NEW YORK, May 24, 2021 /PRNewswire/ -- Technavio has been monitoring the automotive diagnostic scan tools market and it is poised to grow by USD 2.51 billion during 2021-2025, progressing at a CAGR of almost 2% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Technavio has announced its latest market research report titled Automotive Diagnostic Scan Tools Market by Product and Geography - Forecast and Analysis 2021-2025 PC-based tools are the leading segment in the market. What are the major trends in the market? The development of integrated vehicle health management, the development of self-healing cars, and smartphone connectivity with automotive diagnostic scan tools are the major trends in the market. At what rate is the market projected to grow? The market is projected to accelerate at a CAGR of almost 2%. Who are the top players in the market? ACTIA Group, AVL DiTEST GmbH, CarMD.com Corp., Continental AG, Delphi Technologies Plc, DENSO Corp., Robert Bosch GmbH, Siemens AG, Snap-on Inc., and Softing AG are the top players in the market. What are the key market drivers and challenges? The market is driven by the rising number of vehicle workshops. However, the increased cost of starting a vehicle workshop franchise will impede the market growth. How big is the APAC market? 34% of the market's growth will originate from APAC during the forecast period. Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ACTIA Group, AVL DiTEST GmbH, CarMD.com Corp., Continental AG, Delphi Technologies Plc, DENSO Corp., Robert Bosch GmbH, Siemens AG, Snap-on Inc., and Softing AG are some of the major market participants. Although the rising number of vehicle workshops, the increased adoption of electronics in modern vehicles, the governing bodies mandating safety regulations will offer immense growth opportunities, the increased cost of starting a vehicle workshop franchise is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this automotive diagnostic scan tools market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies. Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Automotive Diagnostic Scan Tools Market 2021-2025: Segmentation Automotive Diagnostic Scan Tools Market is segmented as below: Product o   The Middle East and Africa To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43772 Automotive Diagnostic Scan Tools Market 2021-2025: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The automotive diagnostic scan tools market report covers the following areas: Automotive Diagnostic Scan Tools Market Size Automotive Diagnostic Scan Tools Market Trends Automotive Diagnostic Scan Tools Market Industry Analysis This study identifies the development of integrated vehicle health management as one of the prime reasons driving the Automotive Diagnostic Scan Tools Market growth during the next few years. Automotive Diagnostic Scan Tools Market 2021-2025: Key Highlights CAGR of the market during the forecast period 2021-2025 Detailed information on factors that will assist automotive diagnostic scan tools market growth during the next five years Estimation of the automotive diagnostic scan tools market size and its contribution to the parent market Predictions on upcoming trends and changes in consumer behavior The growth of the automotive diagnostic scan tools market across APAC, Europe, North America, South America, and MEA Analysis of the market's competitive landscape and detailed information on vendors Comprehensive details of factors that will challenge the growth of automotive diagnostic scan tools market vendors Related Reports on Consumer Discretionary Include: Global Automotive Remote Diagnostics Market- The automotive remote diagnostics market is segmented by vehicle type (passenger cars and commercial vehicles) and geography (APAC, Europe, MEA, North America, and South America). About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses 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. Contact

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

CarMD Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

CarMD Rank

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.