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Global Automotive Prognostics Market Size study & Forecast, by Application (Engine (Combustion control, Condition Monitoring), Battery (Electric Power Generation, Traction Battery), Power Steering System, Suspension System, On Board Monitoring & Diagnostics (OBMD)) by Vehicle Type (Passenger Vehicle, Hatchback, Sedan, Utility Vehicle, Light Commercial Vehicle, Trucks, Buses & Coaches) by End User (OEM (Automaker), Aftermarket, Fleet Operators, Private Owners) and Regional Analysis, 2023-2030

April 2024 | 200 pages | ID: GD0D64E2AD47EN
Bizwit Research & Consulting LLP

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Global Automotive Prognostics Market is valued approximately USD xx billion in 2022 and is anticipated to grow with a healthy growth rate of more than xx% over the forecast period 2023-2030. Automotive Prognostics refers to the field of predictive maintenance in automotive systems, particularly in vehicles. It involves the use of various sensors, data analytics, and machine learning techniques to monitor the condition of vehicle components and predict potential failures or malfunctions before they occur. The Automotive Prognostics market is expanding because of factors such as growing number passenger vehicle and rising number of deaths due to road accidents. The goal of automotive prognostics is to enhance vehicle reliability, safety, and efficiency by enabling proactive maintenance and minimizing unexpected breakdowns. As a result, the demand of Automotive Prognostics has progressively increased in the international market during the forecast period 2023-2030.

Prognostic systems can help vehicle owners and fleet managers save costs by identifying potential issues before they escalate into more expensive problems. This is particularly valuable with a larger number of vehicles, where cost savings can be significant. According to the International Organization of Motor Vehicle Manufacturers, the global passenger car sales accounts 5,86,44,601 units in 2022 and reached up to 6,52,72,367 units in 2023. Furthermore, growing demand for Automotive Prognostics driven by an increasing vehicle population can spur competition among automotive manufacturers and technology providers, which lead to innovation in prognostic technologies, resulting in more advanced and effective solutions made available in the market. Another important factor drives the Automotive Prognostics market is rising number of deaths due to road accidents. Automotive Prognostics involves the use of data analytics and predictive modeling to anticipate potential failures or issues in vehicle components. By implementing prognostic systems in vehicles, manufacturers and service providers can detect potential failures before they occur, allowing for proactive maintenance. This can help prevent accidents caused by mechanical failures, such as brake failures or engine malfunctions, which may contribute to road accidents and fatalities. In addition, as per World Health Organization, road traffic injuries claim the lives of a significant number of children and young adults, emerging as the primary cause of death for individuals aged 5-29 years. Each year, approximately 1.3 million people lose their lives due to road traffic crashes. Moreover, rising integration of advanced safety systems in vehicles and growing demand of premium and luxury vehicles is anticipated to create a lucrative growth opportunity for the market over the forecast period. However, high cost of automotive prognostics systems and lack of operational expertise is going to impede overall market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Automotive Prognostics Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the increasing investment by OEMs towards the predictive maintenance in the region. Predictive maintenance helps OEMs and vehicle owners save costs by avoiding unnecessary maintenance tasks and reducing the likelihood of catastrophic failures that can result in expensive repairs or replacements. By investing in automotive prognostics, OEMs can offer vehicles with lower total cost of ownership, making them more attractive to consumers and fleet operators. The region’s dominant performance is anticipated to propel the overall demand of Automotive Prognostics. Furthermore, Asia Pacific is expected to grow fastest during the forecast period, owing to factors such as increasing number passenger vehicle in the region.

Major market player included in this report are:

Ansik Inc

Cloudera Inc

Open Text Corporation

Garret Motion Inc

HARMAN International

Hortonworks Inc

International Business Machines Corporation

Pivotal Software Inc

Preteckt Inc

Robert Bosch Gmbh

Recent Developments in the Market:
  • In June 2021, Garrett Motion Inc, a prominent technology provider for the automotive sector, unveiled a software solution centered on Model-Based Predictive Control (MPC) technology in collaboration with Hyundai Motor Company (HMC). Garrett's cutting-edge MPC technology possesses the capability to anticipate and optimize system operations preemptively in real-world scenarios. This innovation empowers various categories of vehicles, including both light and commercial vehicles, regardless of their power source to enhance performance, efficiency, and reliability.
Global Automotive Prognostics Market Report Scope:
  • Historical Data – 2020 - 2021
  • Base Year for Estimation – 2022
  • Forecast period - 2023-2030
  • Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
  • Segments Covered - Application, Vehicle Type, End User, Region
  • Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
  • Customization Scope - Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

by Application

Engine (Combustion control, Condition Monitoring)

Battery (Electric Power Generation, Traction Battery)

Power Steering System

Suspension System

On Board Monitoring & Diagnostics (OBMD)

by Vehicle Type

Passenger Vehicle

Hatchback

Sedan

Utility Vehicle

Light Commercial Vehicle

Trucks

Buses & Coaches

by End User

OEM (Automaker)

Aftermarket

Fleet Operators

Private Owners

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Middle East & Africa

Saudi Arabia

South Africa

Rest of Middle East & Africa
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
  1.2.1. Automotive Prognostics Market, by Region, 2020-2030 (USD Billion)
  1.2.2. Automotive Prognostics Market, by Application, 2020-2030 (USD Billion)
  1.2.3. Automotive Prognostics Market, by Vehicle Type, 2020-2030 (USD Billion)
  1.2.4. Automotive Prognostics Market, by End User, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL AUTOMOTIVE PROGNOSTICS MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Industry Evolution
  2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL AUTOMOTIVE PROGNOSTICS MARKET DYNAMICS

3.1. Automotive Prognostics Market Impact Analysis (2020-2030)
  3.1.1. Market Drivers
    3.1.1.1. Growing number passenger vehicle
    3.1.1.2. Rising number of deaths due to road accidents
  3.1.2. Market Challenges
    3.1.2.1. High cost of automotive prognostics systems
    3.1.2.2. Lack of operational expertise
  3.1.3. Market Opportunities
    3.1.3.1. Rising integration of advanced safety systems in vehicles
    3.1.3.2. Growing demand of premium and luxury vehicles

CHAPTER 4. GLOBAL AUTOMOTIVE PROGNOSTICS MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
  4.3.5. Environmental
  4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL AUTOMOTIVE PROGNOSTICS MARKET, BY APPLICATION

5.1. Market Snapshot
5.2. Global Automotive Prognostics Market by Application, Performance - Potential Analysis
5.3. Global Automotive Prognostics Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
5.4. Automotive Prognostics Market, Sub Segment Analysis
  5.4.1. Engine (Combustion control, Condition Monitoring)
  5.4.2. Battery (Electric Power Generation, Traction Battery)
  5.4.3. Power Steering System
  5.4.4. Suspension System
  5.4.5. On Board Monitoring & Diagnostics (OBMD)

CHAPTER 6. GLOBAL AUTOMOTIVE PROGNOSTICS MARKET, BY VEHICLE TYPE

6.1. Market Snapshot
6.2. Global Automotive Prognostics Market by Vehicle Type, Performance - Potential Analysis
6.3. Global Automotive Prognostics Market Estimates & Forecasts by Vehicle Type 2020-2030 (USD Billion)
6.4. Automotive Prognostics Market, Sub Segment Analysis
  6.4.1. Passenger Vehicle
  6.4.2. Hatchback
  6.4.3. Sedan
  6.4.4. Utility Vehicle
  6.4.5. Light Commercial Vehicle
  6.4.6. Trucks
  6.4.7. Buses & Coaches

CHAPTER 7. GLOBAL AUTOMOTIVE PROGNOSTICS MARKET, BY END USER

7.1. Market Snapshot
7.2. Global Automotive Prognostics Market by End User, Performance - Potential Analysis
7.3. Global Automotive Prognostics Market Estimates & Forecasts by End User 2020-2030 (USD Billion)
7.4. Automotive Prognostics Market, Sub Segment Analysis
  7.4.1. OEM (Automaker)
  7.4.2. Aftermarket
  7.4.3. Fleet Operators
  7.4.4. Private Owners

CHAPTER 8. GLOBAL AUTOMOTIVE PROGNOSTICS MARKET, REGIONAL ANALYSIS

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Automotive Prognostics Market, Regional Market Snapshot
8.4. North America Automotive Prognostics Market
  8.4.1. U.S. Automotive Prognostics Market
    8.4.1.1. Application breakdown estimates & forecasts, 2020-2030
    8.4.1.2. Vehicle Type breakdown estimates & forecasts, 2020-2030
    8.4.1.3. End User breakdown estimates & forecasts, 2020-2030
  8.4.2. Canada Automotive Prognostics Market
8.5. Europe Automotive Prognostics Market Snapshot
  8.5.1. U.K. Automotive Prognostics Market
  8.5.2. Germany Automotive Prognostics Market
  8.5.3. France Automotive Prognostics Market
  8.5.4. Spain Automotive Prognostics Market
  8.5.5. Italy Automotive Prognostics Market
  8.5.6. Rest of Europe Automotive Prognostics Market
8.6. Asia-Pacific Automotive Prognostics Market Snapshot
  8.6.1. China Automotive Prognostics Market
  8.6.2. India Automotive Prognostics Market
  8.6.3. Japan Automotive Prognostics Market
  8.6.4. Australia Automotive Prognostics Market
  8.6.5. South Korea Automotive Prognostics Market
  8.6.6. Rest of Asia Pacific Automotive Prognostics Market
8.7. Latin America Automotive Prognostics Market Snapshot
  8.7.1. Brazil Automotive Prognostics Market
  8.7.2. Mexico Automotive Prognostics Market
8.8. Middle East & Africa Automotive Prognostics Market
  8.8.1. Saudi Arabia Automotive Prognostics Market
  8.8.2. South Africa Automotive Prognostics Market
  8.8.3. Rest of Middle East & Africa Automotive Prognostics Market

CHAPTER 9. COMPETITIVE INTELLIGENCE

9.1. Key Company SWOT Analysis
  9.1.1. Company
  9.1.2. Company
  9.1.3. Company
9.2. Top Market Strategies
9.3. Company Profiles
  9.3.1. Ansik Inc
    9.3.1.1. Key Information
    9.3.1.2. Overview
    9.3.1.3. Financial (Subject to Data Availability)
    9.3.1.4. Product Summary
    9.3.1.5. Recent Developments
  9.3.2. Cloudera Inc
  9.3.3. Open Text Corporation
  9.3.4. Garret Motion Inc
  9.3.5. HARMAN International
  9.3.6. Hortonworks Inc
  9.3.7. International Business Machines Corporation
  9.3.8. Pivotal Software Inc
  9.3.9. Preteckt Inc
  9.3.10. Robert Bosch Gmbh

CHAPTER 10. RESEARCH PROCESS

10.1. Research Process
  10.1.1. Data Mining
  10.1.2. Analysis
  10.1.3. Market Estimation
  10.1.4. Validation
  10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

12 .LIST OF TABLES

TABLE 1. Global Automotive Prognostics Market, report scope
TABLE 2. Global Automotive Prognostics Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Automotive Prognostics Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 4. Global Automotive Prognostics Market estimates & forecasts by Vehicle Type 2020-2030 (USD Billion)
TABLE 5. Global Automotive Prognostics Market estimates & forecasts by End User 2020-2030 (USD Billion)
TABLE 6. Global Automotive Prognostics Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Automotive Prognostics Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Automotive Prognostics Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Automotive Prognostics Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Automotive Prognostics Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Automotive Prognostics Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Automotive Prognostics Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Automotive Prognostics Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Automotive Prognostics Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Automotive Prognostics Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Automotive Prognostics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Automotive Prognostics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Automotive Prognostics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Automotive Prognostics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Automotive Prognostics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Automotive Prognostics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Automotive Prognostics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Automotive Prognostics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Automotive Prognostics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Automotive Prognostics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Automotive Prognostics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Automotive Prognostics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Automotive Prognostics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Automotive Prognostics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Automotive Prognostics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Automotive Prognostics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Automotive Prognostics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Automotive Prognostics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Automotive Prognostics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Automotive Prognostics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Automotive Prognostics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Automotive Prognostics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Automotive Prognostics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Automotive Prognostics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Automotive Prognostics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Automotive Prognostics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Automotive Prognostics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Automotive Prognostics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Automotive Prognostics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Automotive Prognostics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Automotive Prognostics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Automotive Prognostics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Automotive Prognostics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Automotive Prognostics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Automotive Prognostics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Automotive Prognostics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Automotive Prognostics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Automotive Prognostics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Automotive Prognostics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Automotive Prognostics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Automotive Prognostics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Automotive Prognostics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Automotive Prognostics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Automotive Prognostics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Automotive Prognostics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Automotive Prognostics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Automotive Prognostics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Automotive Prognostics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Automotive Prognostics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Automotive Prognostics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Automotive Prognostics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Automotive Prognostics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Automotive Prognostics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Automotive Prognostics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Automotive Prognostics Market
TABLE 71. List of primary sources, used in the study of global Automotive Prognostics Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Automotive Prognostics Market, research methodology
FIG 2. Global Automotive Prognostics Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Automotive Prognostics Market, key trends 2022
FIG 5. Global Automotive Prognostics Market, growth prospects 2023-2030
FIG 6. Global Automotive Prognostics Market, porters 5 force model
FIG 7. Global Automotive Prognostics Market, pest analysis
FIG 8. Global Automotive Prognostics Market, value chain analysis
FIG 9. Global Automotive Prognostics Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Automotive Prognostics Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Automotive Prognostics Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Automotive Prognostics Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Automotive Prognostics Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Automotive Prognostics Market, regional snapshot 2020 & 2030
FIG 15. North America Automotive Prognostics Market 2020 & 2030 (USD Billion)
FIG 16. Europe Automotive Prognostics Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Automotive Prognostics Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Automotive Prognostics Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Automotive Prognostics Market 2020 & 2030 (USD Billion)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


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