Automotive and Transportation Predictive Vehicle Technology Market

The Global Predictive Vehicle Technology Market is projected to grow at a CAGR 19.37% rate during the forecast period. 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.

ADAS component is expected to be the largest segment. 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.

Safety & security segment is expected to dominate the 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.

Commercial vehicle segment is estimated to be the fastest market. 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.

Asia Pacific is expected to account for the largest market size. 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.

Key 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.

Key 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?

  1. Introduction
  2. Market Definition
  3. Study Scope
  4. Study Period
  5. Market Stakeholders
  6. Research Methodology
  7. Secondary Research
  8. Primary Research
  9. Research Design
  10. Data Validation
  11. Limitations and Assumptions
  12. Executive Summary
  13. Market Dynamics
  14. Drivers
  15. Advent of Machine Learning in Automotive Industry
  16. Excessive Usage of Real-Time Data for Vehicular Applications
  17. Opportunities
  18. Predictive Vehicle Technology is Key to Fleet Management in Emerging Countries
  19. Ensuring Appropriate Insurance Premiums With Telematics
  20. Challenges
  21. Extracting Useful Data From the Telematics
  22. Time Lag of Cybersecurity Updates for Maintenance and Troubleshooting
  23. Issues Associated With Data Security and Its Integration With Existing Software Platforms
  24. Predictive Vehicle Technology Market, By Application
  25. Proactive Alerts
  26. Safety & Security
  27. Predictive Vehicle Technology Market, By Hardware
  28. ADAS Component
  29. Telematics
  30. On-Board Diagnostics
  31. Predictive Vehicle Technology Market, By Deployment
  32. On-Premise
  33. Cloud
  34. Predictive Vehicle Technology Market, By Vehicle Type
  35. Passenger Vehicle
  36. Commercial Vehicle
  37. Predictive Vehicle Technology Market, By End User
  38. Fleet Owners
  39. Insurers
  40. OEMs and Service Providers
  41. Predictive Vehicle Technology Market, By Region
  42. Asia Pacific
  43. China
  44. India
  45. Japan
  46. South Korea
  47. Thailand
  48. Rest of Asia Pacific
  49. Europe
  50. Germany
  51. France
  52. UK
  53. Spain
  54. Russia
  55. Turkey
  56. Rest of Europe
  57. North America
  58. Canada
  59. Mexico
  60. US
  61. Rest of the World (RoW)
  62. Brazil
  63. Iran
  64. Others
  65. Company Profiles
  66. Continental
  67. Robert Bosch
  68. Aptiv
  69. Aisin Seiki
  70. Garrett Motion
  71. Harman (Samsung)
  72. Visteon
  73. ZF
  74. Valeo
  75. NXP

*Company introduction, financial information, recent developments, SWOT analysis

  1. Conclusion and Recommendations
  2. Appendix
  3. About
  4. Related Reports
  5. Glossary

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