DUBLIN–(BUSINESS WIRE)–The “Predictive Vehicle Technology – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Global Predictive Vehicle Technology Market to Reach $87.2 Billion by 2027
Amid the COVID-19 crisis, the global market for Predictive Vehicle Technology estimated at US$24.5 Billion in the year 2020, is projected to reach a revised size of US$87.2 Billion by 2027, growing at a CAGR of 19.9% over the analysis period 2020-2027.
ADAS, one of the segments analyzed in the report, is projected to record a 19.6% CAGR and reach US$41.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Telematics segment is readjusted to a revised 21% CAGR for the next 7-year period.
The U.S. Market is Estimated at $7.3 Billion, While China is Forecast to Grow at 19.1% CAGR
The Predictive Vehicle Technology market in the U.S. is estimated at US$7.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$15 Billion by the year 2027 trailing a CAGR of 19.1% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.8% and 17.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14.7% CAGR.
OBD Segment to Record 18.6% CAGR
In the global OBD segment, USA, Canada, Japan, China and Europe will drive the 18.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$3.9 Billion in the year 2020 will reach a projected size of US$12.6 Billion by the close of the analysis period.
China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$10.6 Billion by the year 2027.
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights World Market Trajectories Impact of Covid-19 and a Looming Global Recession 2. FOCUS ON SELECT PLAYERS (Total 42 Featured):
Airbiquity Aisin Seiki Aptiv At&T Autoliv Cisco (Jasper) Cloudmade Cohda Wireless Continental Embitel Garrett Motion Harman (Samsung) Hella Infineon Kpit NXP Qualcomm Robert Bosch Sierra Wireless Valeo Verizon Visteon ZF 3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
World Current & Future Analysis for Predictive Vehicle Technology by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR World Current & Future Analysis for ADAS by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR World Current & Future Analysis for Telematics by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR World Current & Future Analysis for OBD by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR World Current & Future Analysis for Safety & Security by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR World Current & Future Analysis for Pro-Active Alerts by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR World Current & Future Analysis for Passenger Cars by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR World Current & Future Analysis for Commercial Vehicles by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR III. REGIONAL MARKET ANALYSIS
IV. COMPETITION
Total Companies Profiled: 42 For more information about this report visit https://www.researchandmarkets.com/r/k1e5ij