Predictive Vehicle Technology Market

Predictive Vehicle Technology Market by Application (Proactive alerts, Safety & Security), Hardware (ADAS component, OBD and Telematics), Deployment (On premise and Cloud), End User, Vehicle, and Region - Global Forecast to 2027

[127 Pages Report] The global predictive vehicle technology market is projected to grow at a CAGR of 20.1% to reach USD 90.2 billion by 2027 from an estimated USD 20.8 billion in 2019. Predictive vehicle technology is a set of vehicle technologies that incorporates predictive analytics with the use of both real-time and historical data that forecast activity, behavior, and faults that might hamper vehicles if not corrected in real time.

Predictive Vehicle Technology Market

By Hardware: ADAS component is expected to be the largest segment in the predictive vehicle technology market

The ADAS component is anticipated to be the largest market during the forecast period. ADAS components include various sensors like radar, LiDAR, ultrasonic sensors, and cameras. These sensors are used to sense the data and send it for further processing. These sensors can be used in isolation or with a combination in various ADAS applications. Leading automakers across the world are integrating advanced features in passenger and commercial vehicles to enhance vehicle safety performance.

By Application: Safety & security segment is expected to dominate the predictive vehicle technology market

Safety and security, in the coming years is likely to be integrated as an ADAS function by automakers globally. These functions are mainly intended to assist the driver by offering predictive signals. Vehicle occupants in developed countries are demanding such features in their vehicles. On the other hand, OEMs are offering these features in their vehicles in developing regions. The growth of the safety & security segment is supported by government mandates as traffic congestion is a huge issue in every region, thereby driving the growth of the segment.

By Vehicle Type: Commercial vehicle segment is estimated to be the fastest market during the forecast period

The commercial vehicle segment is expected to dominate the predictive vehicle technology market during the forecast period. The use of telematics in commercial vehicles is rising as it contributes to fleet safety. It mainly provides satellite navigation, GPS location tracking, and infotainment options. The option to monitor the location of a vehicle in real time is useful for informing drivers about the incoming traffic, vehicle accidents, weather issues, and congested routes. Government regulations in developed countries are supportive of and often mandate the inclusion of commercial telematics in new vehicles, helping the global commercial telematics market. These factors have fueled the fastest growth of the commercial vehicle market.

Predictive Vehicle Technology Market

Asia Pacific is expected to account for the largest market size during the forecast period

The Asia Pacific region is estimated to be the largest market by 2027. The region comprises some of the fastest developing economies of the world such as China and India. Also, the Asia Pacific region is the largest market for automotive as the growing purchasing power of consumers has triggered the demand for automobiles in the region. Also, the increasing sales of commercial vehicles and passenger cars in the region are driving the growth of the market. The countries in the region are supporting the inclusion of commercial telematics in new vehicles, helping the global commercial telematics market. Many European and North American OEMs are entering the sub-continental markets to cater to the demand for advanced telematics solutions in the region. Hence, Asia Pacific is expected to show incremental growth during the forecast period.

Europe is home to leading automotive manufacturers and has been at the forefront of early adoption of electrification in vehicles. Thus, the predictive technology features in Europe are expected to gain traction during the forecast period.

Key Market Players

The major predictive vehicle technology market players include Bosch (Germany), Continental (Germany), Garrett Motion (Switzerland), Aptiv (UK), Aisin Seiki (Japan), ZF (Germany), NXP (The Netherlands), and Valeo (France) among others. These companies have strong distribution networks at a global level. In addition, these companies offer an extensive product range. The key strategies adopted by these companies to sustain their market position are new product developments, collaborations, and contracts & agreements.

Scope of the Report

Report Metric

Details

Market size available for years

2017–2027

Base year considered

2018

Forecast period

2019–2027

Forecast units

Value (USD)

Segments covered

Application, Hardware, Deployment, Vehicle Type, and Region

Geographies covered

Asia Pacific, Europe, North America, and Rest of the World

Companies covered

Bosch (Germany), Continental (Germany), Valeo (France), Garrett Motion (Switzerland), Aisin Seiki (Japan), Aptiv (UK), and others

This research report categorizes the market based on application, hardware, deployment, vehicle type, and region.

On the basis of application, the market has been segmented as follows:

  • Pro-active Alerts
  • Safety & Security

On the basis of hardware, the market has been segmented as follows:

  • ADAS
  • Telematics
  • OBD

On the basis of deployment, the market has been segmented as follows:

  • On-premise
  • Cloud

On the basis of vehicle type, the market has been segmented as follows:

  • Passenger Vehicle
  • Commercial Vehicle

On the basis of region, the market has been segmented as follows:

  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Thailand
    • Rest of Asia Pacific
  • Europe
    • France
    • Germany
    • Russia
    • Spain
    • Turkey
    • UK
    • Rest of Europe
  • North America
    • US
    • Canada
    • Mexico
  • RoW
    • Brazil
    • Iran
    • Rest of RoW

Recent Developments

  • In January 2019, Visteon opened a new software development center in a 5,000 m2 facility in Timisoara’s new ISHO Offices building, part of the ISHO campus. Started initial operations in November 2018, the center is primarily engaged in software development for advanced cockpit electronics products, including digital instrument clusters, infotainment, and information displays—and will support the development of new technologies for connected and autonomous driving.
  • In January 2019, Harman launched the new HARMAN Ignite 3.0, an automotive digital ecosystem for OEMs—a solution that brings the benefits of connected life into vehicles. With HARMAN Ignite 3.0, drivers will now be able to enjoy several smart features in all other areas of their life, such as a vehicle-centric marketplace, an automotive-based virtual assistant, and enhanced navigation with point-of-interest (POI) search and intelligent personalization—directly in their vehicles.
  • In January 2019, Aptiv signed a commercial partnership agreement with Affectiva, a Boston-based MIT Media Lab spin-off and leader in Human Perception AI. The partnership will deliver innovative, scalable software—derived from deep learning architectures—to enhance perception capabilities in advanced safety solutions and reimagine the future of the in-cabin experience.
  • In December 2018, Bosch combined its connectivity and telematics units, which—individually—are only capable of single transmission technology, to create an all-in-one central control unit for V2X data communication. This task of managing these diverse communication options is handled by a software solution from the Silicon Valley-based startup Veniam.
  • In May 2018, Aptiv announced the launch of a fleet of 30 autonomous vehicles in Las Vegas on the Lyft network. A product of Aptiv’s Mobility and Services Group, these vehicles will operate on Aptiv’s fully-integrated autonomous driving platform and be made available to the public in partnership with Lyft.
  • April 2018, Garrett Motion and IROOTECH Technology signed an MoU to develop and demonstrate a vehicle health management platform for off-highway vehicles and equipment beginning at the Hannover Messe trade fair for industrial technology in Germany. Honeywell’s (parent of Garrett Motion) prognostic software can help identify potential issues and when they may occur.

Critical Questions:

  • With the growth of predictive vehicle technology, data is becoming the new money. What should be the go-to-market strategies for predictive vehicle technology suppliers to enter the developing regions?
  • How will the implementation of safety mandates impact the overall market?
  • Who is responsible for the ownership of data generated through predictive vehicle technology? How is it commercialized?
  • Predictive vehicle technology will be collecting huge amount of data. What are data security solution providers doing to protect this critical data?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives of the Study
    1.2 Product and Market Definition
    1.3 Market Scope
           1.3.1 Years Considered for the Study
    1.4 Currency Exchange Rates
    1.5 Package Size
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Secondary Sources
                    2.1.1.2 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Sampling Techniques & Data Collection Methods
                    2.1.2.2 Primary Participants
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown and Data Triangulation
    2.4 Assumptions
    2.5 Limitations

3 Executive Summary (Page No. - 26)

4 Premium Insights (Page No. - 30)
    4.1 Attractive Opportunities in the Predictive Vehicle Technology Market
    4.2 Global Market Share, By Region
    4.3 Global Market, By Application
    4.4 Global Market, By Hardware
    4.5 Global Market, By Deployment
    4.6 Global Market, By Vehicle

5 Market Overview (Page No. - 34)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Advent of Machine Learning in Automotive Industry
                    5.2.1.2 Excessive Usage of Real-Time Data for Vehicular Applications
           5.2.2 Restraints
                    5.2.2.1 Issues Associated With Data Security and Its Integration With Existing Software Platforms
           5.2.3 Opportunities
                    5.2.3.1 Predictive Vehicle Technology is Key to Fleet Management in Emerging Countries
                    5.2.3.2 Ensuring Appropriate Insurance Premiums With Telematics
           5.2.4 Challenges
                    5.2.4.1 Extracting Useful Data From the Telematics
                    5.2.4.2 Time Lag of Cybersecurity Updates for Maintenance and Troubleshooting

6 Industry Trends (Page No. - 39)
    6.1 Predictive Vehicle Technology: Trends
           6.1.1 Artificial Intelligence in Automotive
           6.1.2 Use of Data Analytics Software for Predictive Vehicle Technology
           6.1.3 Changing Automotive Industry With Application Program Interface (API)
    6.2 Regulatory Overview
           6.2.1 ADAS Regulations
    6.3 Porter’s Five Forces

7 Global Market, By Application (Page No. - 43)
    7.1 Introduction
    7.2 Research Methodology
    7.3 Proactive Alerts
           7.3.1 Increasing Awareness About Vehicle Health Management to Drive the Market for Proactive Alerts
    7.4 Safety & Security
           7.4.1 Increasing Adoption of Safety & Security Automotive Services to Drive the Safety & Security Market
    7.5 Key Industry Insights

8 Global Market, By Hardware (Page No. - 48)
    8.1 Introduction
    8.2 ADAS Component
           8.2.1 Government Mandates Related to ADAS Functions to Drive the ADAS Component Market
    8.3 Telematics
           8.3.1 Increasing Adoption of Cloud-Based Automotive Services to Drive Telematics Market
    8.4 On-Board Diagnostics
           8.4.1 Current and Upcoming Government Mandates to Drive the On-Board Diagnostics Market

9 Global Market, By Deployment (Page No. - 53)
    9.1 Introduction
    9.2 Research Methodology
    9.3 On-Premise
           9.3.1 Increasing Use of Connected Vehicle Devices to Drive this Market
    9.4 Cloud
           9.4.1 Increasing Adoption of Cloud Based Automotive Services to Drive this Market
    9.5 Key Industry Insights

10 Global Market, By Vehicle Type (Page No. - 57)
     10.1 Introduction
     10.2 Research Methodology
     10.3 Passenger Vehicle
             10.3.1 Increasing Passenger Vehicle and Connected Car Production is Expected to Drive the Global Market
     10.4 Commercial Vehicle
             10.4.1 Increasing Communication System and ADAS Functions are Expected to Drive the Commercial Vehicles Software Market
     10.5 Key Industry Insights

11 Global Market, By End User (Page No. - 62)
     11.1 Fleet Owners
     11.2 Insurers
             11.2.1 Driving Pattern Analysis
     11.3 OEMs and Service Providers

12 Global Market, By Region (Page No. - 64)
     12.1 Introduction
     12.2 Research Methodology
     12.3 Asia Pacific
             12.3.1 China
                        12.3.1.1 Rise in Vehicle Production to Drive the Chinese Market
             12.3.2 India
                        12.3.2.1 Increasing Vehicle Sales to Drive the Indian Market
             12.3.3 Japan
                        12.3.3.1 Significant Technology Adoption in Vehicles to Drive the Japanese Market
             12.3.4 South Korea
                        12.3.4.1 Developments in the Field of Autonomous Vehicles to Drive the South Korean Market
             12.3.5 Thailand
                        12.3.5.1 Thailand has the Largest Automotive Production Capacity Among Southeast Asian Countries
             12.3.6 Rest of Asia Pacific
                        12.3.6.1 Increasing Sales of Premium Vehicle to Drive the Rest of Asia Pacific Market
     12.4 Europe
             12.4.1 Germany
                        12.4.1.1 Rising Adoption of Modern Technologies to Drive the German Market
             12.4.2 France
                        12.4.2.1 Rising Safety Concerns Among Vehicle Occupants to Drive the French Market
             12.4.3 UK
                        12.4.3.1 Heavy Investments By OEMs are Expected to Drive the UK Market
             12.4.4 Spain
                        12.4.4.1 Increasing Production of D, E, and F Passenger Vehicles to Drive the Spanish Market
             12.4.5 Russia
                        12.4.5.1 Continuous Rise in Vehicle Sales to Drive the Market for Predictive Vehicle Technology in Russia
             12.4.6 Turkey
                        12.4.6.1 Increasing Automotive Investments in Recent Years to Drive the Turkish Market
             12.4.7 Rest of Europe
                        12.4.7.1 Continuous Growth of Automotive Industry in Eastern Europe to Drive the Rest of Europe Market
     12.5 North America
             12.5.1 Canada
                        12.5.1.1 Increasing Use of Lcvs Equipped With Modern Electronic Architecture to Drive the Canadian Market
             12.5.2 Mexico
                        12.5.2.1 Growth of Us-Mexico Trade to Drive the Mexican Market
             12.5.3 US
                        12.5.3.1 Developments in the Field of Connected Cars and Nhtsa Mandates Related to Vehicle Safety to Drive the US Market
     12.6 Rest of the World (RoW)
             12.6.1 Brazil
                        12.6.1.1 Increasing Demand for Light Vehicles to Drive the Brazilian Market
             12.6.2 Iran
                        12.6.2.1 Increasing Sales of Luxury Vehicles to Drive the Iranian Market
             12.6.3 Rest of RoW
                        12.6.3.1 Adoption of Modern Safety Technologies Inside Vehicles to Drive the Rest of RoW Market
     12.7 Key Industry Insights

13 Competitive Landscape (Page No. - 83)
     13.1 Overview
     13.2 Market Ranking Analysis
     13.3 Competitive Situations & Trends
             13.3.1 New Product Developments
             13.3.2 Expansions
             13.3.3 Partnerships/Supply Contracts/Collaborations/Joint Ventures/Agreements/Mergers & Acquisitions
     13.4 Competitive Leadership Mapping
             13.4.1 Visionary Leaders
             13.4.2 Innovators
             13.4.3 Dynamic Differentiators
             13.4.4 Emerging Companies

14 Company Profiles (Page No. - 90)
(Business Overview, Products Offered, Recent Developments, and SWOT Analysis)* 
     14.1 Continental
     14.2 Robert Bosch
     14.3 Aptiv
     14.4 Aisin Seiki
     14.5 Garrett Motion
     14.6 Harman (Samsung)
     14.7 Visteon
     14.8 ZF
     14.9 Valeo
     14.10 NXP
     14.11 Other Key Regional Players
             14.11.1 Asia Pacific
                        14.11.1.1 Cohda Wireless
                        14.11.1.2 Kpit
                        14.11.1.3 Embitel
             14.11.2 Europe
                        14.11.2.1 Autoliv
                        14.11.2.2 Hella
             14.11.3 North America
                        14.11.3.1 Airbiquity
                        14.11.3.2 Infineon
                        14.11.3.3 Qualcomm
                        14.11.3.4 Cisco (Jasper)
                        14.11.3.5 Verizon
                        14.11.3.6 At&T
                        14.11.3.7 Sierra Wireless
                        14.11.3.8 Cloudmade
*Details on Business Overview, Products Offered, Recent Developments, and SWOT Analysis Might Not Be Captured in Case of Unlisted Companies. 

15 Appendix (Page No. - 122)
     15.1 Discussion Guide
     15.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     15.3 Available Customizations
     15.4 Related Reports
     15.5 Author Details


List of Tables (42 Tables)

Table 1 Currency Exchange Rates (WRT USD)
Table 2 Regulations for ADAS
Table 3 Global Market, By Application, 2017–2027 (USD Million)
Table 4 Proactive Alerts: Market, By Region, 2017–2027 (USD Million)
Table 5 Safety & Security: Market, By Region, 2017–2027 (USD Million)
Table 6 Global Market, By Hardware, 2017–2027 (USD Million)
Table 7 ADAS Component: Market, By Region, 2017–2027 (USD Million)
Table 8 Telematics: Market, By Region, 2017–2027 (USD Million)
Table 9 On-Board Diagnostics: Market, By Region, 2017–2027 (USD Million)
Table 10 Global Market, By Deployment, 2017–2027 (USD Million)
Table 11 On-Premise: Market, By Region, 2017–2027 (USD Million)
Table 12 Cloud: Market, By Region, 2017–2027 (USD Million)
Table 13 Global Market, By Vehicle Type, 2017–2027 (USD Million)
Table 14 Passenger Vehicle: Market, By Region, 2017–2027 (USD Million)
Table 15 Commercial Vehicle: Market, By Region, 2017–2027 (USD Million)
Table 16 Predictive Vehicle Technology Market, By Region, 2017–2027 (USD Million)
Table 17 Asia Pacific: Market, By Country, 2017–2027 (USD Million)
Table 18 China: Market, By Application, 2017–2027 (USD Million)
Table 19 India: Market, By Application, 2017–2027 (USD Million)
Table 20 Japan: Market, By Application, 2017–2027 (USD Million)
Table 21 South Korea: Market, By Application, 2017–2027 (USD Million)
Table 22 Thailand: Market, By Application, 2017–2027 (USD Million)
Table 23 Rest of Asia Pacific: Market, By Application, 2017–2027 (USD Million)
Table 24 Europe: Market, By Country, 2017–2027 (USD Million)
Table 25 Germany: Market, By Application,2017–2027 (USD Million)
Table 26 France: Market, By Application, 2017–2027 (USD Million)
Table 27 UK: Market, By Application,2017–2027 (USD Million)
Table 28 Spain: Market, By Application, 2017–2027 (USD Million)
Table 29 Russia: Market, By Application, 2017–2027 (USD Million)
Table 30 Turkey: Market, By Application, 2017–2027 (USD Million)
Table 31 Rest of Europe: Market, By Application, 2017–2027 (USD Million)
Table 32 North America: Market, By Country, 2017–2027 (USD Million)
Table 33 Canada: Market, By Application, 2017–2027 (USD Million)
Table 34 Mexico: Market, By Application, 2017–2027 (USD Million)
Table 35 US: Market, By Application, 2017–2027 (USD Million)
Table 36 RoW: Market, By Country, 2017–2027 (USD Million)
Table 37 Brazil: Market, By Application, 2017–2027 (USD Million)
Table 38 Iran: Market, By Application, 2017–2027 (USD Million)
Table 39 Rest of RoW: Market, By Application, 2017–2027 (USD Million)
Table 40 New Product Developments, 2016–2019
Table 41 Expansions, 2016–2019
Table 42 Partnerships/Supply Contracts/Collaborations/Joint Ventures/Agreements/Mergers & Acquisitions, 2016–2019


List of Figures (44 Figures)

Figure 1 Global Market Segmentation
Figure 2 Global Market: Research Design
Figure 3 Research Design Model
Figure 4 Breakdown of Primary Interviews
Figure 5 Global Market, By Application: Bottom-Up Approach
Figure 6 Global Market, By Deployment: Top-Down Approach
Figure 7 Data Triangulation
Figure 8 Predictive Vehicle Technology: Market Dynamics
Figure 9 Global Market, By Region, 2019–2027
Figure 10 Global Market, By Application, 2019 Vs.2027
Figure 11 Integration of Various Safety Applications and Increasing Adoption Rate of Connected Cars are Expected to Boost the Predictive Vehicle Technology Market From 2019 to 2027
Figure 12 Asia Pacific is Estimated to Be the Fastest Growing Region in PVT Market From 2019 to 2027
Figure 13 Safety & Security is Expected to Be the Largest Segment of PVT Market By 2027 (USD Million)
Figure 14 ADAS Component is Expected to Be the Largest Segment of PVT Market By 2027 (USD Billion)
Figure 15 On-Premise is Expected to Be the Largest PVT Market, 2019 vs. 2027 (USD Billion)
Figure 16 Passenger Vehicle Segment is Expected to Be the Largest PVT Market, 2019 vs. 2027 (USD Billion)
Figure 17 Predictive Vehicle Technology: Market Dynamics
Figure 18 Porter’s Five Forces: Predictive Vehicle Technology Market
Figure 19 Safety & Security Segment is Expected to Dominate this Market By 2027, 2019 vs. 2027 (USD Billion)
Figure 20 ADAS Component Segment is Expected to Dominate this Market By 2027, 2019 vs. 2027 (USD Billion)
Figure 21 Research Methodology
Figure 22 On-Premise Segment is Expected to Dominate this Market By 2027, 2019 vs. 2027 (USD Billion)
Figure 23 Passenger Vehicle Segment is Expected to Dominate this Market By 2027, 2019 vs. 2027 (USD Million)
Figure 24 PVT Market: Europe is Estimated to Grow at the Highest CAGR (2019–2027)
Figure 25 Asia Pacific: Market Snapshot
Figure 26 Europe: Market Snapshot
Figure 27 Key Developments By Leading Players in this Market for 2015–2019
Figure 28 Aisin Seiki Led the Global Market in 2018
Figure 29 Global Market Competitive Leadership Mapping, 2019
Figure 30 Continental: Company Snapshot
Figure 31 Continental: SWOT Analysis
Figure 32 Robert Bosch: Company Snapshot
Figure 33 Robert Bosch: SWOT Analysis
Figure 34 Aptiv: Company Snapshot
Figure 35 Aptiv: SWOT Analysis
Figure 36 Aisin Seiki: Company Snapshot
Figure 37 Aisin Seiki: SWOT Analysis
Figure 38 Garrett Motion: Company Snapshot
Figure 39 Garrett Motion: SWOT Analysis
Figure 40 Samsung: Company Snapshot
Figure 41 Visteon: Company Snapshot
Figure 42 ZF: Company Snapshot
Figure 43 Valeo: Company Snapshot
Figure 44 NXP: Company Snapshot

The study involved four major activities in estimating the market size for predictive vehicle technology. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across value chains through primary research. Both top-down and bottom-up approaches were employed to estimate the overall market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.

Secondary Research

Various secondary sources have been used in the secondary research process to identify and collect information useful for an extensive commercial study of the global market. Secondary sources include company annual reports/presentations, press releases, industry association publications, India Electronics & Semiconductor Association, ARTEMIS Industry Association, European Automotive Research Partners Association (EARPA), International Organization of Motor Vehicle Manufacturers (OICA), American Association of Motor Vehicle Administrators (AAMVA), Automotive Component Manufacturers Association of India (ACMA), China Association Of Automoblie Manufacturers (CAAM), automotive magazine articles, directories, technical handbooks, World Economic Outlook, trade websites, technical articles, and databases (Marklines and Factiva).

Primary Research

Extensive primary research has been conducted after acquiring an understanding of the market scenario through secondary research. Several primary interviews have been conducted with market experts from the demand- and supply-side OEMs [(in terms of component supply), country-level government associations, and trade associations] and component manufacturers across four major regions—Asia Pacific, Europe, North America, and the Rest of the World. Approximately 23% and 77% of primary interviews have been conducted from the demand and supply side, respectively. Primary data has been collected through questionnaires, emails, and telephonic interviews. In the canvassing of primaries, we have strived to cover various departments within organizations, such as sales, operations, and administration, to provide a holistic viewpoint in our report.

After interacting with industry experts, we have also conducted brief sessions with highly experienced independent consultants to reinforce the findings from our primaries. This, along with the in-house subject-matter expert’s opinions, has led us to the findings as described in the remainder of this report.
Following is the breakdown of primary respondents:

Predictive Vehicle Technology Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry and markets have been identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources. Data Triangulation

After arriving at the overall market size-using the market size estimation processes as explained above-the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both demand and supply sides.

Report Objectives

  • To analyze and forecast the predictive vehicle technology market, in terms of value (USD million), from 2019 to 2027
  • To provide detailed information regarding the major factors influencing the growth of the predictive vehicle technology market (drivers, restraints, opportunities, and industry-specific challenges)
  • To analyze the regional markets for growth trends, prospects, and their contribution to the overall predictive vehicle technology market
  • To segment and forecast the predictive vehicle technology market, by value, on the basis of region (Asia Pacific, Europe, North America, and Rest of the World)
  • To segment and forecast the predictive vehicle technology market, by value, on the basis of application (pro-active alerts and safety & security)
  • To segment and forecast the predictive vehicle technology market, by value, on the basis of hardware (ADAS, telematics, and OBD)
  • To segment and forecast the predictive vehicle technology market, by value, on the basis of deployment (on-premise and cloud)
  • To segment and forecast the predictive vehicle technology market, by value, on the basis of vehicle type (passenger vehicle and commercial vehicle)
  • To analyze opportunities for stakeholders and the competitive landscape for market leaders
  • To strategically profile key players and comprehensively analyze their respective market share and core competencies
  • To track and analyze competitive developments such as joint ventures, mergers & acquisitions, new product launches, expansions, and other activities undertaken by the key industry participants

Available Customizations

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Report Code
AT 7274
Published ON
Aug, 2019
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