The integrated vehicle health management market is projected to grow at a CAGR 11.46% rate during the forecast period. Increasing number of connected vehicles and growing awareness about vehicle health and safety are expected to drive this market.
Prognostics is estimated to be the fastest growing segment. The growth of this segment can be attributed to the evolution of vehicle health management from traditional maintenance to diagnostics and prognostics. Several OEMs across the globe now offer prognostics solution as a default or optional feature in different vehicle segments. Externally connected OBD II port devices offered by emerging and established players are also equipped with prognostics features. On the other hand, real-time prognostics solutions are also getting traction. All these factors have contributed to the growth of prognostics segment of the market.
The light duty vehicle is estimated to be the largest segment in the market. The objective of deployment of integrated vehicle health management in a light duty vehicle is to continuously monitor, detect, and analyze critical applications that are most likely to fail in adverse conditions. OEMs are also focusing on the commercialization of integrated vehicle health management in mainstream light duty vehicles that are used for the transportation of passengers. Integrated vehicle health management is in the growth stage and introduction stage of the product life cycle in developed regions and developing regions, respectively.
Europe is estimated to be the fastest growing market for integrated vehicle health management during the forecast period. Europe, which is home to technologically advanced countries such as Germany, UK, and France, has witnessed increased consumer demand for advanced technology inside vehicles. OEMs in the region are promoting and offering integrated vehicle health management solutions as an add-on feature in the economy and mid-sized vehicles.
Key Market Players include Visteon (US), Continental (Germany), Robert Bosch (Germany), Delphi Technologies (UK), OnStar (US), and Garrett Motion (Switzerland).
Key Questions Addressed by the Report
· Autonomous vehicles are questioning the existence of a driver’s control and interference with the vehicle’s operation. What does this mean for the IVHM solution providers?
· A tremendous amount of real-time data is generated with advanced IVHM solutions. It is expected to increase drastically in the future. How are companies planning to tap into this opportunity?
· What should be the go-to-market strategy for IVHM solution manufacturers to promote and expand their technologies in developing countries where the market is at a nascent stage?
· How will the advent of autonomous vehicles impact the market?
· Real-time data processing has threats from cyber-attacks. What are cyber-security solutions providers doing to protect this valuable data?
1. Introduction
1.1. Market Definition
1.2. Study Scope
1.3. Study Period
1.4. Market Stakeholders
2. Research Methodology
2.1. Secondary Research
2.2. Primary Research
2.3. Research Design
2.4. Data Validation
2.5. Limitations and Assumptions
3. Market Dynamics
3.1. Drivers
3.2. Challenges
3.3. Opportunities
4. Executive Summary
5. Integrated Vehicle Health Management Market, By Health Management Type
5.1. Diagnostics
5.2. Prognostics
6. Integrated Vehicle Health Management Market, By Type
6.1. Software
6.2. Hardware
7. Integrated Vehicle Health Management Market, By Vehicle Type
7.1. Light Duty Vehicle
7.2. Heavy Duty Vehicle
8. Integrated Vehicle Health Management Market, By Channel
8.1. OEM
8.2. Service Center
9. Integrated Vehicle Health Management Market, By Region
9.1. Asia Pacific
9.1.1. Japan
9.1.2. China
9.1.3. India
9.1.4. Thailand
9.1.5. South Korea
9.1.6.Rest of Asia Pacific
9.2. Europe
9.2.1.Germany
9.2.2.France
9.2.3.Spain
9.2.4. UK
9.2.5. Russia
9.2.6.Turkey
9.2.7.Rest of Europe
9.3. North America
9.3.1.US
9.3.2.Canada
9.3.3.Mexico
9.4. Rest of the World
9.4.1.Brazil
9.4.2.Iran
9.4.3.Others
10. Company Profiles
10.1. Robert Bosch
10.2. Continental
10.3. Delphi Technologies
10.4. Garrett Advancing Motion
10.5. Onstar
10.6. Vector Informatik
10.7. Harman International
10.8. Verizon
10.9. Zubie
10.10. Nonda
10.11. Fixd
10.12. Gofar
10.13. Intellicar
10.14. Intangles
10.15. Autonebula
*Company introduction, financial information, recent developments, SWOT analysis
11. Conclusion and Recommendations
12. Appendix
12.1. About
12.2. Related Reports
12.3. Glossary