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Global Automotive Prognostics Market Size, Share, Growth: By End Use: Aftermarket, OEMs; By Application: Commercial Vehicles, Passenger Cars; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; SWOT Analysis; Porter’s Five Forces Analysis; Competitive Landscape; Industry Events and Developments
Global Automotive Prognostics Market Outlook
The global automotive prognostics market is projected to grow at a CAGR of about 55% during the forecast period 2023-2028. The industry is primarily being aided by the rising demand for electric vehicles. North America is one of the largest regions for the market.
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Market Segmentation
Automatic prognostics refers to a technology which forecasts maintenance, enhances systems operation and reliability, identifies and alerts drivers if there is a malfunction, and extends the lifespan of different automotive systems.
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The industry can be broadly categorised based on its end-use segments into:
- Aftermarket
- OEMs
It finds wide applications in the following sectors:
- Commercial Vehicles
- Passenger Cars
The EMR report looks into the regional markets of automotive prognostics like North America, the Middle East and Africa, Latin America, Europe, and the Asia Pacific.
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Market Analysis
The increasing popularity of electric vehicles creates a considerable demand for prognostic solutions. In order to reduce air pollution generated by internal combustion engine (ICE) cars, the use of electric vehicles (EV) has increased significantly. In addition, regulatory bodies provide multiple incentives and rewards for the adoption of EV. EVs adopt advanced telematics services as a standard fit to track important components like battery. As a result, the increasing adoption by EVs will result in the growth of the automotive prognostics market.
The industry was dominated by the aftermarket segment in 2020. The segment is expected to continue to dominate the industry in the forecast period as well.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global automotive prognostics market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Cloudera, Inc.
- Robert Bosch GmbH
- Open Text Corporation
- Garrett Motion Inc.
- International Business Machines Corporation
- Others
The EMR report gives an in-depth insight into the automotive prognostics market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- End Use, Application, Region |
| Breakup by End Use | Aftermarket, OEMs |
| Breakup by Application | Commercial Vehicles, Passenger Cars |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Cloudera, Inc., Robert Bosch GmbH, Open Text Corporation, Garrett Motion Inc., International Business Machines Corporation, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Automotive Prognostics Market Analysis
8.1 Key Industry Highlights
8.2 Global Automotive Prognostics Historical Market (2018-2022)
8.3 Global Automotive Prognostics Market Forecast (2023-2028)
8.4 Global Automotive Prognostics Market by End Use
8.4.1 Aftermarket
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 OEMs
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Automotive Prognostics Market by Application
8.5.1 Commercial Vehicles
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Passenger Cars
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.6 Global Automotive Prognostics Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Cloudera, Inc.
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Robert Bosch GmbH
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Open Text Corporation
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Garrett Motion Inc.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 International Business Machines Corporation
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Automotive Prognostics Market: Key Industry Highlights, 2018 and 2028
2. Global Automotive Prognostics Historical Market: Breakup by End Use (USD Million), 2018-2022
3. Global Automotive Prognostics Market Forecast: Breakup by End Use (USD Million), 2023-2028
4. Global Automotive Prognostics Historical Market: Breakup by Application (USD Million), 2018-2022
5. Global Automotive Prognostics Market Forecast: Breakup by Application (USD Million), 2023-2028
6. Global Automotive Prognostics Historical Market: Breakup by Region (USD Million), 2018-2022
7. Global Automotive Prognostics Market Forecast: Breakup by Region (USD Million), 2023-2028
8. North America Automotive Prognostics Historical Market: Breakup by Country (USD Million), 2018-2022
9. North America Automotive Prognostics Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Europe Automotive Prognostics Historical Market: Breakup by Country (USD Million), 2018-2022
11. Europe Automotive Prognostics Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Asia Pacific Automotive Prognostics Historical Market: Breakup by Country (USD Million), 2018-2022
13. Asia Pacific Automotive Prognostics Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Latin America Automotive Prognostics Historical Market: Breakup by Country (USD Million), 2018-2022
15. Latin America Automotive Prognostics Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Middle East and Africa Automotive Prognostics Historical Market: Breakup by Country (USD Million), 2018-2022
17. Middle East and Africa Automotive Prognostics Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Global Automotive Prognostics Market Structure
Key Questions Answered in the Report
The global automotive prognostics market is estimated to witness a significant growth at a CAGR of 55% in the forecast period of 2023-2028.
The market growth is being driven by the rising demand for automotive prognostics from fleet and vehicle owners, growing penetration of connected vehicles, and the increasing demand for technologically advanced prognostic systems.
The growing demand and rising investments in the electric vehicles market, which is expected to propel the demand for automotive prognostics is expected to be a key trend guiding the growth of the industry.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Aftermarket and OEM are the leading end use sectors of the product in the market.
The major application segments of the product in the industry include commercial vehicles and passenger cars.
The major players in the industry are Ansik Inc., Cloudera Inc., General Motors Co. Open Text Corp., Pivotal Software Inc., and Robert Bosch GmbH, among others.
Analyst Review
The global automotive prognostics market is anticipated to grow significantly at a CAGR of 55% during 2023-2028. The major drivers of the industry include the growing popularity of electric and connected vehicles, which are creating a considerable demand for prognostic solutions.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on end uses, the market can be segmented into aftermarket and OEM. Based on applications, the market can be divided into commercial vehicles and passenger cars. The major regional markets for automotive prognostics are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Ansik Inc., Cloudera Inc., General Motors Co. Open Text Corp., Pivotal Software Inc., and Robert Bosch GmbH, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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