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Global Integrated Vehicle Health Management Market Analysis: By Health Management: Diagnostics, Prognostics; By Type: Software, Hardware; By Vehicle Type: Light Duty Vehicle, Heavy Duty Vehicle; By Channel: OEM, Service Centre; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032
Global Integrated Vehicle Health Management Market Outlook
The global integrated vehicle health management industry attained a value of USD 17.31 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 13% to reach USD 52.04 billion by 2032.
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Properties and Applications
The integrated vehicle health management is referred to as the unified systems’ capability to assess the current or future state of the health of the member system and incorporate that visual of system health within a framework of existing resources and operational demand.
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The industry is segmented based on health management, types, vehicle types, and channels.
The market is divided based on health management into:
- Diagnostics
- Prognostics
Based on type, the market is divided into:
- Software
- Hardware
The market is segmented based on vehicle type into:
- Light Duty Vehicle
- Heavy Duty Vehicle
The market is categorised based on channels into:
- OEM
- Service Centre
The EMR report looks into the regional markets of integrated vehicle health management like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Market Analysis
The global integrated vehicle health management industry is driven by the increasing consumer awareness and the requirement for vehicle safety or health. The industry is further enhanced by the growth in the fields of vehicle connectivity and deployment of various vehicle health management features in the light as well as heavy duty vehicle, which is aiding the industry growth of integrated vehicle health management.
The prognostics segment of the industry is expected to grow at a high rate during the forecast period of 2024-2032, owing to the evolution of vehicle health management from the conventional maintenance to prognostics and diagnostics. The light duty vehicle is predicted to account for the largest market share, due to the growing stage of integrated vehicle health management and product life cycle’s introduction stage in the developed regions and developing regions.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global integrated vehicle health management industry, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Visteon Corporation
- KPIT Technologies Limited
- Harman International Industries
- Garrett Motion Inc.
- OnStar Corporation
- Vector Informatik
- Delphi Technologies
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Health Management |
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| Breakup by Type |
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| Breakup by Vehicle Type |
|
| Breakup by Channel |
|
| Breakup by Region |
|
| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| 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 Opportunities and Challenges in the Market
8 Global Integrated Vehicle Health Management Market Analysis
8.1 Key Industry Highlights
8.2 Global Integrated Vehicle Health Management Historical Market (2018-2023)
8.3 Global Integrated Vehicle Health Management Market Forecast (2024-2032)
8.4 Global Integrated Vehicle Health Management Market by Health Management
8.4.1 Diagnostics
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Prognostics
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Integrated Vehicle Health Management Market by Type
8.5.1 Software
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Hardware
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Integrated Vehicle Health Management Market by Vehicle Type
8.6.1 Light Duty Vehicle
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Heavy Duty Vehicle
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Global Integrated Vehicle Health Management Market by Channel
8.7.1 OEM
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Service Centre
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.8 Global Integrated Vehicle Health Management Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America Integrated Vehicle Health Management Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Integrated Vehicle Health Management Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Integrated Vehicle Health Management Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Integrated Vehicle Health Management Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Integrated Vehicle Health Management Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Visteon Corporation
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 KPIT Technologies Limited
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Harman International Industries
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Garrett Motion Inc.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 OnStar Corporation
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Vector Informatik
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Delphi Technologies
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Integrated Vehicle Health Management Market: Key Industry Highlights, 2018 and 2032
2. Global Integrated Vehicle Health Management Historical Market: Breakup by Health Management (USD Million), 2018-2023
3. Global Integrated Vehicle Health Management Market Forecast: Breakup by Health Management (USD Million), 2024-2032
4. Global Integrated Vehicle Health Management Historical Market: Breakup by Type (USD Million), 2018-2023
5. Global Integrated Vehicle Health Management Market Forecast: Breakup by Type (USD Million), 2024-2032
6. Global Integrated Vehicle Health Management Historical Market: Breakup by Vehicle Type (USD Million), 2018-2023
7. Global Integrated Vehicle Health Management Market Forecast: Breakup by Vehicle Type (USD Million), 2024-2032
8. Global Integrated Vehicle Health Management Historical Market: Breakup by Channel (USD Million), 2018-2023
9. Global Integrated Vehicle Health Management Market Forecast: Breakup by Channel (USD Million), 2024-2032
10. Global Integrated Vehicle Health Management Historical Market: Breakup by Region (USD Million), 2018-2023
11. Global Integrated Vehicle Health Management Market Forecast: Breakup by Region (USD Million), 2024-2032
12. North America Integrated Vehicle Health Management Historical Market: Breakup by Country (USD Million), 2018-2023
13. North America Integrated Vehicle Health Management Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Europe Integrated Vehicle Health Management Historical Market: Breakup by Country (USD Million), 2018-2023
15. Europe Integrated Vehicle Health Management Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Asia Pacific Integrated Vehicle Health Management Historical Market: Breakup by Country (USD Million), 2018-2023
17. Asia Pacific Integrated Vehicle Health Management Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Latin America Integrated Vehicle Health Management Historical Market: Breakup by Country (USD Million), 2018-2023
19. Latin America Integrated Vehicle Health Management Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Middle East and Africa Integrated Vehicle Health Management Historical Market: Breakup by Country (USD Million), 2018-2023
21. Middle East and Africa Integrated Vehicle Health Management Market Forecast: Breakup by Country (USD Million), 2024-2032
22. Global Integrated Vehicle Health Management Market Structure
Key Questions Answered in the Report
In 2023, the market attained a value of approximately USD 17.31 billion.
The market is projected to grow at a CAGR of 13% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 52.04 billion by 2032.
The major market drivers are rising population, increasing consumer awareness, and the growing requirement for vehicle safety and health.
The key trends in the market are growth in vehicle connectivity and deployment of various vehicle health management features in light as well as heavy duty vehicles.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Diagnostics and prognostics are the health managements in the market.
The various types in the market for integrated vehicle health management are software and hardware.
The vehicle types in the market are light duty vehicle and heavy duty vehicle.
The channels in the market can be divided into OEM and service centre.
The major players in the global integrated vehicle health management market are OnStar Corporation, Vector Informatik, Delphi Technologies, Garrett Motion Inc., Harman International Industries, Visteon Corporation, and KPIT Technologies Limited, among others.
Analyst Review
The global integrated vehicle health management market attained a value of USD 17.31 billion in 2023, driven by the are increasing consumer awareness and the requirement for vehicle safety or health. Aided by the growth in the fields of vehicle connectivity and deployment of various vehicle health management features in the light as well as heavy duty vehicle, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 13%. The market is projected to reach USD 52.04 billion by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its health management, the integrated vehicle health management industry can be segmented into diagnostics and prognostics, with diagnostics accounting for the largest market share. The types can be segmented into software and hardware. The vehicle types include light duty vehicle and heavy-duty vehicle. The channels used in the industry can be divided into OEM and service centre. Major regional markets for integrated vehicle health management are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Onstar, Vector Informatik, Delphi Technologies, Garrett Advancing Motion, Harman International, Visteon Corporation [NASDAQ: VC], and Kpit Technologies, 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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