Automotive prognostics market size to increase by USD 5,269.12 million; North America to account for 42% of market growth - Technavio

NEW YORK, Feb. 1, 2023 /PRNewswire/ -- The Automotive Prognostics Market by Application, End-user, and Geography - Forecast and Analysis 2023-2027 report has been published by Technavio. Market size is forecast to grow by USD 5,269.12 million between 2022 and 2027 at a CAGR of 21.58%. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. Download A PDF Sample Report

Regional Analysis

By region, the global automotive prognostics market is segmented into APAC, North America, Europe, South America, and Middle East and Africa. North America will account for 42% of market growth during the forecast period. Factors such as the high adoption of advanced telematics systems in passenger cars and commercial vehicles and the development of autonomous vehicles are driving the growth of the automotive prognostics market in North America. Buy the report

Company Profiles

The automotive prognostics market report includes information on the key products and recent developments of leading vendors, including:

• ANSYS Inc. - The company offers automotive prognostics named Ansys optiSLang for process integration and design optimization.
• Bridgestone Corp. - The company offers automotive prognostics with automotive parts, maintenance services, and repair services.
• Cloudera Inc. - The company offers automotive prognostics such as robotic welding and automation, metal stamping, body in white metal pretreatment, and connected car real time monitoring.
• Continental AG - The company offers automotive prognostics such as a diagnostic routine for scripting and testing, guided fault finding for vehicles, guided service functions for dealer servicing routines, CAD for electrical systems and associated component packaging, and publication of designs and maintenance of building instructions.

Market Dynamics

The market is driven by factors such as maintenance cost-saving benefits of automotive prognostics system, increased focus of prominent automotive OEMs for improving vehicle diagnostics services, and the growing popularity of electric vehicles creating demand for prognostics solutions. However, the high costs associated with telematics services are hindering market growth.

Competitive Analysis

The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share among others. Request a Sample

Market Segmentation

• By application, the market is segmented into passenger cars and commercial vehicles. The passenger cars segment accounted for the largest share of the market in 2022.
• By geography, the market is segmented into APAC, North America, Europe, South America, and Middle East and Africa. North America held the largest share of the market in 2022.

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What are the key data covered in this automotive prognostics market report?

• CAGR of the market during the forecast period.
• Detailed information on factors that will drive the growth of the market between 2023 and 2027
• Precise estimation of the size of the automotive prognostics market and its contribution to the parent market.
• Accurate predictions about upcoming trends and changes in consumer behavior.
• Growth of the market across APAC, North America, Europe, South America, and Middle East and Africa.
• A thorough analysis of the market's competitive landscape and detailed information about vendors.
• Comprehensive analysis of factors that will challenge the growth of automotive prognostics market vendors.

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary ? Chart on Market Overview
• Exhibit 02: Executive Summary ? Data Table on Market Overview
• Exhibit 03: Executive Summary ? Chart on Global Market Characteristics
• Exhibit 04: Executive Summary ? Chart on Market by Geography
• Exhibit 05: Executive Summary ? Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary ? Chart on Market Segmentation by End-user
• Exhibit 07: Executive Summary ? Chart on Incremental Growth
• Exhibit 08: Executive Summary ? Data Table on Incremental Growth
• Exhibit 09: Executive Summary ? Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global automotive prognostics market 2017 - 2021
• Exhibit 18: Historic Market Size ? Data Table on Global automotive prognostics market 2017 - 2021 ($ million)

• 4.2 Application Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size ? Application Segment 2017 - 2021 ($ million)

• 4.3 End-user Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size ? End-user Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size ? Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size ? Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers ? Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers ? Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants ? Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes ? Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry ? Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

• 6.1 Market segments 
• Exhibit 30: Chart on Application - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Application - Market share 2022-2027 (%)

• 6.2 Comparison by Application 
• Exhibit 32: Chart on Comparison by Application
• Exhibit 33: Data Table on Comparison by Application

• 6.3 Passenger cars - Market size and forecast 2022-2027
• Exhibit 34: Chart on Passenger cars - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Passenger cars - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Passenger cars - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Passenger cars - Year-over-year growth 2022-2027 (%)

• 6.4 Commercial vehicles - Market size and forecast 2022-2027
• Exhibit 38: Chart on Commercial vehicles - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Commercial vehicles - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Commercial vehicles - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Commercial vehicles - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Application 
• Exhibit 42: Market opportunity by Application ($ million)

7 Market Segmentation by End-user

• 7.1 Market segments 
• Exhibit 43: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 44: Data Table on End-user - Market share 2022-2027 (%)

• 7.2 Comparison by End-user 
• Exhibit 45: Chart on Comparison by End-user
• Exhibit 46: Data Table on Comparison by End-user

• 7.3 Aftermarket - Market size and forecast 2022-2027
• Exhibit 47: Chart on Aftermarket - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Data Table on Aftermarket - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Chart on Aftermarket - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Aftermarket - Year-over-year growth 2022-2027 (%)

• 7.4 OEMs - Market size and forecast 2022-2027
• Exhibit 51: Chart on OEMs - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on OEMs - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on OEMs - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on OEMs - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by End-user 
• Exhibit 55: Market opportunity by End-user ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 57: Chart on Market share by geography 2022-2027 (%)
• Exhibit 58: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 59: Chart on Geographic comparison
• Exhibit 60: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027
• Exhibit 61: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 63: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 64: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 65: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 67: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027
• Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 73: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 81: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 Germany - Market size and forecast 2022-2027
• Exhibit 85: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.10 China - Market size and forecast 2022-2027
• Exhibit 89: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.11 UK - Market size and forecast 2022-2027
• Exhibit 93: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.12 Canada - Market size and forecast 2022-2027
• Exhibit 97: Chart on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 101: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 102: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 103: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 104: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 105: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 106: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 107: Matrix on vendor position and classification

• 12.3 ANSYS Inc. 
• Exhibit 108: ANSYS Inc. - Overview
• Exhibit 109: ANSYS Inc. - Product / Service
• Exhibit 110: ANSYS Inc. - Key news
• Exhibit 111: ANSYS Inc. - Key offerings

• 12.4 Bridgestone Corp. 
• Exhibit 112: Bridgestone Corp. - Overview
• Exhibit 113: Bridgestone Corp. - Business segments
• Exhibit 114: Bridgestone Corp. - Key news
• Exhibit 115: Bridgestone Corp. - Key offerings
• Exhibit 116: Bridgestone Corp. - Segment focus

• 12.5 Cloudera Inc. 
• Exhibit 117: Cloudera Inc. - Overview
• Exhibit 118: Cloudera Inc. - Business segments
• Exhibit 119: Cloudera Inc. - Key offerings
• Exhibit 120: Cloudera Inc. - Segment focus

• 12.6 Continental AG 
• Exhibit 121: Continental AG - Overview
• Exhibit 122: Continental AG - Business segments
• Exhibit 123: Continental AG - Key offerings
• Exhibit 124: Continental AG - Segment focus

• 12.7 Dell Technologies Inc. 
• Exhibit 125: Dell Technologies Inc. - Overview
• Exhibit 126: Dell Technologies Inc. - Business segments
• Exhibit 127: Dell Technologies Inc. - Key news
• Exhibit 128: Dell Technologies Inc. - Key offerings
• Exhibit 129: Dell Technologies Inc. - Segment focus

• 12.8 Garrett Motion Inc. 
• Exhibit 130: Garrett Motion Inc. - Overview
• Exhibit 131: Garrett Motion Inc. - Product / Service
• Exhibit 132: Garrett Motion Inc. - Key offerings

• 12.9 International Business Machines Corp. 
• Exhibit 133: International Business Machines Corp. - Overview
• Exhibit 134: International Business Machines Corp. - Business segments
• Exhibit 135: International Business Machines Corp. - Key news
• Exhibit 136: International Business Machines Corp. - Key offerings
• Exhibit 137: International Business Machines Corp. - Segment focus

• 12.10 Open Text Corp. 
• Exhibit 138: Open Text Corp. - Overview
• Exhibit 139: Open Text Corp. - Product / Service
• Exhibit 140: Open Text Corp. - Key news
• Exhibit 141: Open Text Corp. - Key offerings

• 12.11 Predii Inc. 
• Exhibit 142: Predii Inc. - Overview
• Exhibit 143: Predii Inc. - Product / Service
• Exhibit 144: Predii Inc. - Key offerings

• 12.12 Progress Software Corp. 
• Exhibit 145: Progress Software Corp. - Overview
• Exhibit 146: Progress Software Corp. - Business segments
• Exhibit 147: Progress Software Corp. - Key news
• Exhibit 148: Progress Software Corp. - Key offerings
• Exhibit 149: Progress Software Corp. - Segment focus

• 12.13 Ridgetop Group Inc. 
• Exhibit 150: Ridgetop Group Inc. - Overview
• Exhibit 151: Ridgetop Group Inc. - Product / Service
• Exhibit 152: Ridgetop Group Inc. - Key offerings

• 12.14 Robert Bosch GmbH 
• Exhibit 153: Robert Bosch GmbH - Overview
• Exhibit 154: Robert Bosch GmbH - Business segments
• Exhibit 155: Robert Bosch GmbH - Key news
• Exhibit 156: Robert Bosch GmbH - Key offerings
• Exhibit 157: Robert Bosch GmbH - Segment focus

• 12.15 Samsung Electronics Co. Ltd. 
• Exhibit 158: Samsung Electronics Co. Ltd. - Overview
• Exhibit 159: Samsung Electronics Co. Ltd. - Business segments
• Exhibit 160: Samsung Electronics Co. Ltd. - Key news
• Exhibit 161: Samsung Electronics Co. Ltd. - Key offerings
• Exhibit 162: Samsung Electronics Co. Ltd. - Segment focus

• 12.16 Solera Holdings LLC 
• Exhibit 163: Solera Holdings LLC - Overview
• Exhibit 164: Solera Holdings LLC - Product / Service
• Exhibit 165: Solera Holdings LLC - Key offerings

• 12.17 VMware Inc. 
• Exhibit 166: VMware Inc. - Overview
• Exhibit 167: VMware Inc. - Product / Service
• Exhibit 168: VMware Inc. - Key news
• Exhibit 169: VMware Inc. - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 170: Inclusions checklist
• Exhibit 171: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 172: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 173: Research methodology
• Exhibit 174: Validation techniques employed for market sizing
• Exhibit 175: Information sources

• 13.5 List of abbreviations 
• Exhibit 176: List of abbreviations

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SOURCE Technavio