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Middle East and Africa Predictive Vehicle Technology Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Hardware (ADAS, Telematics, and OBD), Vehicle Type (Commercial Vehicle and Passenger Car), and Application (Proactive Alerts and Safety & Security)

  • ID: 5180716
  • Report
  • September 2020
  • Region: Middle East, Africa
  • 91 pages
  • The Insight Partners

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FEATURED COMPANIES

  • Aptiv PLC
  • Continental AG
  • HELLA GmbH and Co. KGaA
  • NXP SEMICONDUCTORS N.V.
  • Robert Bosch GmbH
  • Traffilog LTD
The predictive vehicle technology market in the MEA is expected to grow from US$ 0.91 million in 2019 to US$ 1.73 million by 2027; it is estimated to grow at a CAGR of 10.7% from 2020 to 2027.

The connected cars stream massive amounts of data into the cloud and to utilize this data, there is an increasing need for predictive analysis and data analysis. Concepts such as predictive maintenance, predictive collision avoidance, automotive marketing, and data management of connected cars bolster the growth of the predictive vehicle technology market. The rising application of data management in connected cars also positively influences the demand for predictive vehicle technology.

The government of South Africa is taking drastic measures to reduce the effects of the COVID-19 outbreak by announcing lockdowns and travel bans. These measures are expected to affect the growth of industries and markets in the coming years.

By application, the safety & security segment led the predictive vehicle technology market in 2019. The external IoT sensors work as proximity sensors and rear-view cameras that help in detecting blind spots, which, in turn, makes driving and parking safer. Also, these sensors and cameras track road conditions, weather conditions, and traffic patterns. With the help of connected cars integrated with predictive technology, the possibility of collisions and accidents can be predicted and prevented. Furthermore, IoT enables regular monitoring and maintenance of a vehicle. The sensor-based messaging system sends a notification to the manufacturer to connect with the car’s owner for conversing the availability of service appointments and requisite repairs. The entire practice eradicates the service delays and confirms a safer on-road experience. For instance, in 2020, BlackBerry Limited introduced a tailored concept solution for fleet managers and OEMs to future-proof their vehicles for health and safety use cases. Due to these features, predictive technology ensures the safety and security of both vehicles and drivers. Thus, the use of these applications is growing, which ultimately drives the predictive vehicle technology market growth.

The overall MEA predictive vehicle technology market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast for the MEA predictive vehicle technology market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who take part in the process include industry experts (such as VPs, business development managers, market intelligence managers, and national sales managers) and external consultants (such as valuation experts, research analysts, and key opinion leaders specializing in this market). Aptiv PLC, Continental AG, HELLA GmbH and Co. KGaA, NXP SEMICONDUCTORS N. V., Robert Bosch GmbH, Traffilog LTD, Valeo, Visteon Corporation, and ZF Friedrichshafen AG are among a few players operating in the MEA predictive vehicle technology market.

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Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Aptiv PLC
  • Continental AG
  • HELLA GmbH and Co. KGaA
  • NXP SEMICONDUCTORS N.V.
  • Robert Bosch GmbH
  • Traffilog LTD
1. Introduction
1.1 Study Scope
1.2 Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. MEA Predictive Vehicle Technology Market Landscape
4.1 Market Overview
4.2 MEA PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion

5. MEA Predictive Vehicle Technology - Market Dynamics
5.1 Market Drivers
5.1.1 Adoption of Predictive Powertrain Control in heavy commercial vehicles
5.2 Market Restraints
5.2.1 Predictive Vehicle Technology causing significant problems
5.3 Market Opportunities
5.3.1 Growing demand for data management in connected cars
5.4 Future Trends
5.4.1 Arrival of self-driving vehicles
5.5 Impact Analysis of Drivers and Restraints

6. MEA Predictive Vehicle Technology Market Analysis
6.1 MEA Predictive Vehicle Technology Market Overview
6.2 MEA Predictive Vehicle Technology Market - Revenue and Forecast to 2027 (US$ Million)
6.3 MEA Market Positioning - Five Key Players

7. MEA Predictive Vehicle Technology Market Analysis - By Hardware
7.1 Overview
7.2 MEA Predictive Vehicle Technology Market, By Hardware (2019 and 2027)
7.3 ADAS
7.3.1 Overview
7.3.2 ADAS: Predictive Vehicle Technology Market - Revenue and Forecast to 2027 (US$ Million)
7.4 Telematics
7.4.1 Overview
7.4.2 Telematics: Predictive Vehicle Technology Market - Revenue and Forecast to 2027 (US$ Million)
7.5 OBD
7.5.1 Overview
7.5.2 OBD: Predictive Vehicle Technology Market - Revenue and Forecast to 2027 (US$ Million)

8. MEA Predictive Vehicle Technology Market Analysis - By Vehicle Type
8.1 Overview
8.2 MEA Predictive Vehicle Technology Market Breakdown, by Vehicle Type, 2019 & 2027
8.3 Commercial Vehicle
8.3.1 Overview
8.3.2 Commercial Vehicle: Predictive Vehicle Technology Market - Revenue and Forecast to 2027 (US$ Million)
8.4 Passenger Car
8.4.1 Overview
8.4.2 Passenger Car: Predictive Vehicle Technology Market Revenue and Forecast to 2027 (US$ Million)

9. MEA Predictive Vehicle Technology Market Analysis - By Application
9.1 Overview
9.2 MEA Predictive Vehicle Technology Market Breakdown, by Application, 2019 & 2027
9.3 Proactive Alerts
9.3.1 Overview
9.3.2 Proactive Alerts Market Revenue and Forecast to 2027 (US$ Million)
9.4 Safety and Security
9.4.1 Overview
9.4.2 Safety and Security Market Revenue and Forecast to 2027 (US$ Million)

10. MEA Predictive Vehicle Technology Market - Country Analysis
10.1 Overview
10.1.1 MEA: Predictive Vehicle Technology Market, by Key Country
10.1.1.1 South Africa: Predictive Vehicle Technology Market - Revenue and Forecast to 2027 (US$ Billion)
10.1.1.1.1 South Africa: Predictive Vehicle Technology Market, by Hardware
10.1.1.1.2 South Africa: Predictive Vehicle Technology Market, by Vehicle Type
10.1.1.1.3 South Africa: Predictive Vehicle Technology Market, by Application
10.1.1.2 Rest of MEA: Predictive Vehicle Technology Market - Revenue and Forecast to 2027 (US$ Billion)
10.1.1.2.1 Rest of MEA: Predictive Vehicle Technology Market, by Hardware
10.1.1.2.2 Rest of MEA: Predictive Vehicle Technology Market, by Vehicle Type
10.1.1.2.3 Rest of MEA: Predictive Vehicle Technology Market, by Application

11. MEA Predictive Vehicle Technology Market - COVID-19 Impact Analysis
11.1 MEA: Impact Assessment of COVID-19 Pandemic

12. Industry Landscape
12.1 Market Initiative
12.2 Merger and Acquisition
12.3 New Development

13. Company Profiles
13.1 Aptiv PLC
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Continental AG
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 HELLA GmbH and Co. KGaA
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 NXP SEMICONDUCTORS N.V.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Robert Bosch GmbH
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Traffilog LTD
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Valeo
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Visteon Corporation
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 ZF Friedrichshafen AG
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments

14. Appendix
14.1 About the Publisher
14.2 Word Index
Note: Product cover images may vary from those shown
  • Aptiv PLC
  • Continental AG
  • HELLA GmbH and Co. KGaA
  • NXP SEMICONDUCTORS N.V.
  • Robert Bosch GmbH
  • Traffilog LTD
  • Valeo
  • Visteon Corporation
  • ZF Friedrichshafen AG
Note: Product cover images may vary from those shown
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