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Predictive Vehicle Technology Global Market Report 2022

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    Report

  • 175 Pages
  • August 2022
  • Region: Global
  • The Business Research Company
  • ID: 5640979
Major players in the predictive vehicle technology market are Bosch, Continental AG, Valeo, Garrett Motion Inc, Aisin Corporation, Aptiv, Hella KGaA Hueck & Co, Huawei Technologies Co Ltd, Infineon Technologies AG, KPIT Technologies Limited, NXP Semiconductors NV, Qualcomm Technologies Inc, Samsung Electronics Co Ltd, Sierra Wireless Inc, Cisco Systems Inc, CloudMade, Cohda Wireless Pty Ltd and Embitel Technologies.

The global predictive vehicle technology market is expected to grow from $25.35 billion in 2021 to $30.02 billion in 2022 at a compound annual growth rate (CAGR) of 18.41%. The predictive vehicle technology market is expected to reach $60.40 billion in 2026 at a compound annual growth rate (CAGR) of 19.10%.

The predictive vehicle technology market consists of sales of predictive vehicle technologies by entities (organizations, sole traders, and partnerships) that refer to a set of vehicle technologies that incorporate prophetic analytics with the use of both real-time and historical data to predict vehicle behavior, and faults that might hamper vehicles if not corrected in real-time. Predictive vehicle technology uses artificial intelligence (AI) and machine learning (ML) to understand the trends and operating patterns of the vehicle owner which enhances the safety of the vehicle.

The main types of component in predictive vehicle technology market are hardware, ADAS, OBD and telematics. The hardware is a mechanical devices used in predictive vehicle technology for vehicles that includes interconnected electronic devices used to control a car’s operation, input, and output. The vehicles using predictive vehicle technology are passenger vehicle and commercial vehicle deployed through on-premise and cloud. It is mainly used for proactive alerts, safety and security, maintenance analysis and predictive smart parking.

Asia Pacific was the largest region in the predictive vehicle technology market in 2021. The regions covered in the predictive vehicle technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The predictive vehicle technology market research report is one of a series of new reports that provides predictive vehicle technology market statistics, including predictive vehicle technology industry global market size, regional shares, competitors with a predictive vehicle technology market share, detailed predictive vehicle technology market segments, market trends and opportunities, and any further data you may need to thrive in the predictive vehicle technology industry. This predictive vehicle technology market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The rising demand for technologically advanced vehicles propels the growth of the predictive vehicle technology market. Technologically advanced vehicles are highly equipped with the latest technology such as advanced driver assistant systems (ADAS), predictive vehicle technology, electric vehicle (EV) technology, 360-degree cameras, and more. The growing population and the economy, and rapid urbanization globally coupled with a need to reduce carbon footprint, have led to an increased demand for technologically advanced vehicles such as electric vehicles that use the latest EV technology. As the demand for technologically advanced vehicles grows, it will drive the need for the latest technologies including predictive vehicle technology. For instance, in February 2022, according to the International Energy Agency (IEA), the worldwide electric car market is expanding at a rapid pace with a global sale of 6.6 million EVs in 2021, more than doubling from 2019 which was 2.2 million EVs. Market momentum has continued, with EV sales more than doubling year on year to 6.6 million in 2021, accounting for over 9% of the worldwide market. There are presently around 16 million electric vehicles on the roads globally. Therefore, the rising demand for technologically advanced vehicles drives the predictive vehicle technology market.

Technological advancement is a key trend gaining popularity in the predictive vehicle technology market. Major companies operating in the predictive vehicle technology market are focused on providing new technological solutions/upgrades in predictive vehicle technology to strengthen their position in the market. Predictive vehicle technology also uses hardware components such as ADAS (advanced driver assistance) components, telematics, and onboard diagnostics (OBD) port to predict vehicle behavior and assist the driver. These latest technologies help in ensuring the safety of vehicles. For an instance, in April 2021, Toyota Motor Corp, a Japanese automotive manufacturer launched its new Lexus and Mirai vehicle models in Japan, outfitted with the company's most advanced driver assistance technology, allowing for safe driving and wireless software upgrades. The latest driving assist technology, or Advanced Drive, from the automaker, is a level 2 autonomous system that assists drivers with driving circumstances such as staying in one's lane, maintaining a safe distance from other vehicles, and changing lanes on expressways or other motor-vehicle only routes.

In May 2020, ZF Friedrichshafen, a German-based company specializing in driveline and chassis technology, active and passive safety technology, and also a manufacturer of auto parts acquired WABCO Vehicle Control Systems for an amount of over $7 billion. The acquisition strengthens both firms and is expected to hasten the development of new technologies to enable autonomous commercial vehicle operations, making ZF less reliant on the passenger car industry's cycle. Wabco is a US-based company that specializes in advanced driver assistance systems for trucks and trailers.

The countries covered in the predictive vehicle technology market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.




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Table of Contents

1. Executive Summary2. Predictive Vehicle Technology Market Characteristics3. Predictive Vehicle Technology Market Trends And Strategies4. Impact Of COVID-19 On Predictive Vehicle Technology
5. Predictive Vehicle Technology Market Size And Growth
5.1. Global Predictive Vehicle Technology Historic Market, 2016-2021, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Predictive Vehicle Technology Forecast Market, 2021-2026F, 2031F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Predictive Vehicle Technology Market Segmentation
6.1. Global Predictive Vehicle Technology Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Hardware
  • ADAS
  • OBD
  • Telematics
6.2. Global Predictive Vehicle Technology Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Passenger Vehicle
  • Commercial Vehicle
6.3. Global Predictive Vehicle Technology Market, Segmentation By Deployment, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • On-Premise
  • Cloud
6.4. Global Predictive Vehicle Technology Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Pro-Active Alerts
  • Safety And Security
  • Maintenance Analysis
  • Predictive Smart Parking
7. Predictive Vehicle Technology Market Regional And Country Analysis
7.1. Global Predictive Vehicle Technology Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7.2. Global Predictive Vehicle Technology Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
8. Asia-Pacific Predictive Vehicle Technology Market
8.1. Asia-Pacific Predictive Vehicle Technology Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Predictive Vehicle Technology Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
8.3. Asia-Pacific Predictive Vehicle Technology Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
9. China Predictive Vehicle Technology Market
9.1. China Predictive Vehicle Technology Market Overview
9.2. China Predictive Vehicle Technology Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
9.3. China Predictive Vehicle Technology Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
10. India Predictive Vehicle Technology Market
10.1. India Predictive Vehicle Technology Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
10.2. India Predictive Vehicle Technology Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
11. Japan Predictive Vehicle Technology Market
11.1. Japan Predictive Vehicle Technology Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
11.2. Japan Predictive Vehicle Technology Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
12. Australia Predictive Vehicle Technology Market
12.1. Australia Predictive Vehicle Technology Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
12.2. Australia Predictive Vehicle Technology Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
13. Indonesia Predictive Vehicle Technology Market
13.1. Indonesia Predictive Vehicle Technology Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
13.2. Indonesia Predictive Vehicle Technology Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
14. South Korea Predictive Vehicle Technology Market
14.1. South Korea Predictive Vehicle Technology Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
14.2. South Korea Predictive Vehicle Technology Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
15. Western Europe Predictive Vehicle Technology Market
15.1. Western Europe Predictive Vehicle Technology Market Overview
15.2. Western Europe Predictive Vehicle Technology Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
15.3. Western Europe Predictive Vehicle Technology Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
16. UK Predictive Vehicle Technology Market
16.1. UK Predictive Vehicle Technology Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
16.2. UK Predictive Vehicle Technology Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
17. Germany Predictive Vehicle Technology Market
17.1. Germany Predictive Vehicle Technology Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
17.2. Germany Predictive Vehicle Technology Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
18. France Predictive Vehicle Technology Market
18.1. France Predictive Vehicle Technology Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
18.2. France Predictive Vehicle Technology Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
19. Eastern Europe Predictive Vehicle Technology Market
19.1. Eastern Europe Predictive Vehicle Technology Market Overview
19.2. Eastern Europe Predictive Vehicle Technology Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
19.3. Eastern Europe Predictive Vehicle Technology Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
20. Russia Predictive Vehicle Technology Market
20.1. Russia Predictive Vehicle Technology Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
20.2. Russia Predictive Vehicle Technology Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
21. North America Predictive Vehicle Technology Market
21.1. North America Predictive Vehicle Technology Market Overview
21.2. North America Predictive Vehicle Technology Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
21.3. North America Predictive Vehicle Technology Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
22. USA Predictive Vehicle Technology Market
22.1. USA Predictive Vehicle Technology Market Overview
22.2. USA Predictive Vehicle Technology Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
22.3. USA Predictive Vehicle Technology Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
23. South America Predictive Vehicle Technology Market
23.1. South America Predictive Vehicle Technology Market Overview
23.2. South America Predictive Vehicle Technology Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
23.3. South America Predictive Vehicle Technology Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
24. Brazil Predictive Vehicle Technology Market
24.1. Brazil Predictive Vehicle Technology Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
24.2. Brazil Predictive Vehicle Technology Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
25. Middle East Predictive Vehicle Technology Market
25.1. Middle East Predictive Vehicle Technology Market Overview
25.2. Middle East Predictive Vehicle Technology Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
25.3. Middle East Predictive Vehicle Technology Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
26. Africa Predictive Vehicle Technology Market
26.1. Africa Predictive Vehicle Technology Market Overview
26.2. Africa Predictive Vehicle Technology Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
26.3. Africa Predictive Vehicle Technology Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
27. Predictive Vehicle Technology Market Competitive Landscape And Company Profiles
27.1. Predictive Vehicle Technology Market Competitive Landscape
27.2. Predictive Vehicle Technology Market Company Profiles
27.2.1. Bosch
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Continental AG
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Valeo
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. Garrett Motion Inc
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. Aisin Corporation
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Predictive Vehicle Technology Market29. Predictive Vehicle Technology Market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Research Inquiries
30.4. About the Publisher
30.5. Copyright And Disclaimer

Executive Summary

Predictive Vehicle Technology Global Market Report 2022 provides the strategists, marketers and senior management with the critical information they need to assess the global predictive vehicle technology market.

This report focuses on predictive vehicle technology market which is experiencing strong growth. The report gives a guide to the predictive vehicle technology market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:


Where is the largest and fastest growing market for the predictive vehicle technology? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Predictive Vehicle Technology market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider predictive vehicle technology market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The predictive vehicle technology market section of the report gives context. It compares the predictive vehicle technology market with other segments of the predictive vehicle technology market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, predictive vehicle technology indicators comparison.

Scope


Markets Covered:

1) By Component: Hardware; ADAS; OBD; Telematics
2) By Vehicle Type: Passenger Vehicle; Commercial Vehicle
3) By Deployment: On-Premise; Cloud
4) By Application: Proactive Alerts; Safety And Security; Maintenance Analysis; Predictive Smart Parking

Companies Mentioned: Bosch; Continental AG; Valeo; Garrett Motion Inc.; Aisin Corporation

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Bosch
  • Continental AG
  • Valeo
  • Garrett Motion Inc.
  • Aisin Corporation

Methodology

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