DaaS Business Models in the Automotive Sector, NA & EU5, 2023–2030
DaaS is Experiencing Transformational Growth due to Collision Centers and EV Battery Diagnostics
Diagnostics-as-a-Service (DaaS) is a new, growing business model seeing widespread acceptance in auto diagnostics. After years of improvement and innovation in R&D, DaaS players have created unique solutions to help all segments of automotive repair workshops on vehicle diagnostics. Though many key players have been around for more than 10 years, the current market phase will be the starting point for huge future potential growth. Earlier, handheld diagnostics were market leaders in the segment. However, finding the right tool for a vehicle, investing in new handheld tools, and the reliability of scanned DTC codes were all challenges. DaaS offers solutions to all these issues through an OEM scan tool, warranty for scanned DTC codes, OE repair procedures and troubleshooting guidelines, technician support through remote diagnostics, and much more. This study highlights the DaaS business model for the Class 1 to 3 passenger vehicle segment. The base year is 2022 and the forecast period is 2030. Revenue is expressed in US dollars. Growth drivers and restraints, key associations, legislation, international standards, and road map are discussed. Revenue, current and future business models, key competitors, and growth factors are highlighted for each segment. DaaS revenue is further classified into two primary categories: diagnostics and ADAS calibration. The study also highlights regional outlook, growth opportunities, company profiles, and case studies of different business models in DaaS. Innovative business models will generate $3.28 billion by 2030 and collision centers, the highest DaaS-related revenue. EV battery diagnostics boasts a CAGR of 27.8%.
Key Issues Addressed
What are the key initiatives taken by DaaS providers to capture market share? What are the notable value chain enablers driving the growth of the segment? What are the regional trends, business models, and legislations associated with the DaaS business model? What is the current and future market potential of various segments of DaaS? What are the potential growth opportunities that are not still explored in the DaaS business model? Who are the key players in each segment of DaaS and their unique business model?
Transformation in Diagnostics-as-a-Service Business Model
Why Is It Increasingly Difficult to Grow?
The Strategic Imperative 8TM
The Impact of the Top 3 Strategic Imperatives on the DaaS Industry
Ecosystem
Scope of Analysis
Segmentation
Service Types in Each DaaS Segmentation by Service Type
Key Questions this Research Analytics will Answer
Competitive Environment
Key Competitors
Key Competitor Business Model
Growth Generator
Growth Drivers
Growth Restraints
Key Findings
Regional Highlights of DaaS Business Model
Legislations Influencing DaaS Business Model
DaaS Roadmap
Associations
DaaS Current and Future Business Models
DaaS Competitors: OEs, Tools Suppliers and Manufacturers, and Traditional Players
DaaS Segments and Revenue Growth Factor
Emerging Trends in Application of DaaS & Regional Comparison
DaaS Business Model: Scan Job Penetration
Forecast Considerations
Growth Metrics
Revenue Forecast
Table DaaS: Revenue Forecast, NA & EU5, 2022-2030
Revenue Forecast by Segment
Table DaaS: Revenue Forecast by Segment, NA & EU5, 2022-2030
Revenue Forecast by Region
Table DaaS: Revenue Forecast by Region, NA & EU5, 2022-2030
Revenue Forecast Analysis
Pricing* Trends and Forecast Analysis
Table DaaS: Pricing Trend Forecast by Segment, 2022-2030
Revenue Share Analysis of Top Participants
Growth Generator: Diagnostics-as-a-service Business Model, Vehicle Maintenance/Repair
Growth Metrics
The DaaS Advantage for Service Workshops
Vehicle Maintenance/Repair Revenue Forecast
Table Vehicle Maintenance/Repair: DaaS Revenue Forecast, NA & EU5, 2022-2030
Vehicle Maintenance/Repair Revenue Forecast by Region
Table Vehicle Maintenance/Repair: DaaS Revenue Forecast by Region, NA & EU5, 2022-2030
Vehicle Maintenance/Repair Revenue Forecast by Repair Type, NA