The Global Vehicle Diagnostics Market size is valued at USD 48.21 billion in 2023 and is projected to reach USD 88.22 million in 2030. Along with this, the market is estimated to grow at a CAGR of around 10.1% during the forecast period. This market growth is attributed to the new vehicles that are getting increasingly complicated with their electronics, sensors, and software. Modern cars, buses, trucks, etc., have sophisticated electronic systems like advanced driver-assistance systems, autonomous driving technologies, infotainment systems, and electric powertrains.
Vehicle Diagnostics Market size is valued at USD 48.21 billion in 2023