Global Automotive Prognostics Market 2018-2022 - Booming Connected Car Market Driving Predictive Maintenance Demand

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Mar 26, 2018, 05:00 ET

DUBLIN, March 26, 2018 /PRNewswire/ --

The "Global Automotive Prognostics Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global automotive prognostics market to grow at a CAGR of 88.34% during the period 2018-2022.

Global Automotive Prognostics Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report considers the revenue generated from the automotive prognostics.

The latest trend gaining momentum in the market is Growing popularity of prognostics increasing the number of patents. The growing popularity of prognostic systems in the automotive market is leading to the development of various techniques in data acquisition and processing by stakeholders in the field of prognostics. As a result, these stakeholders are drafting patents to protect the intellectual property, which are mostly focused on methods and systems on prognostics and also includes the development of sensors, hardware, and software that are required for prognostic applications.

According to the report, one of the major drivers for this market is Booming connected car market driving predictive maintenance demand. The connected car concept includes voice notifications and alerts with visuals for functions like internet, GPS navigation, and information. It includes technologies that yield added benefits to the vehicle and makes them more comfortable and safer during long-distance traveling.

Further, the report states that one of the major factors hindering the growth of this market is High cost associated with fleet tracking hinders prognostic system adoption. The initial costs of setting up telematics include license, setup, and installation fees, in addition to payment for customization and integration with current systems. Additionally, the license fee has to be renewed periodically, which adds to the overall cost.

Key vendors

Covisint
DataRPM
Hortonworks
National Instruments
OnStar
Pivotal Software

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

Market ecosystem
Market characteristics
Market segmentation analysis

PART 05: MARKET SIZING

Market definition
Market sizing 2017
Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

PART 07: MARKET SEGMENTATION BY APPLICATION

Segmentation by application
Comparison by application
CVs - Market size and forecast 2017-2022
Passenger cars - Market size and forecast 2017-2022
Market opportunity by application

PART 08: CUSTOMER LANDSCAPE

PART 09: MARKET SEGMENTATION BY END-USER

Segmentation by end-user
Comparison by end-user
Aftermarket - Market size and forecast 2017-2022
OEMs - Market size and forecast 2017-2022
Market opportunity by end-user

PART 10: REGIONAL LANDSCAPE

Geographical segmentation
Regional comparison
North America - Market size and forecast 2017-2022
Europe - Market size and forecast 2017-2022
ROW - Market size and forecast 2017-2022
Market opportunity

PART 11: DECISION FRAMEWORK

PART 12: DRIVERS AND CHALLENGES

Market drivers
Market challenges

PART 13: MARKET TRENDS

Growing popularity of prognostics increasing the number of patents
Development of customer-centric prognostic system through use of 4G and cloud technology
Advanced analytics usage on telematics data to reduce risk severity
Prognostic services to give untapped revenue source to automotive OEMs
Development of next-generation telematics protocol to benefit aftermarket service providers

PART 14: VENDOR LANDSCAPE

Overview
Landscape disruption
Competitive benchmarking

PART 15: VENDOR ANALYSIS

Vendors covered
Vendor classification
Market positioning of vendors

PART 16: APPENDIX

For more information about this report visit https://www.researchandmarkets.com/research/kngbm3/global_automotive?w=5

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SOURCE Research and Markets