According to a market report by Lucintel, the future of the global predictive vehicle technology market looks promising with opportunities in the ADAS, telematic, and OBD markets. The global predictive vehicle technology market is expected to reach an estimated $54.7 billion by 2030 from $21.5 billion in 2024 at a CAGR of 16.8% from 2024 to 2030. The major drivers for this market are growing adoption of machine learning in the automotive industry, increasing demand for safety and advanced features, and surge in demand of connected vehicles in the developed countries.
A more than 150 – page report is developed to understand Trends, opportunity and forecast in predictive vehicle technology market to 2030 by vehicle type (passenger vehicle and commercial vehicle), deployment (on-premise and cloud), hardware (ADAS, telematics, and OBD), application (pro-active alerts and safety & security), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that commercial vehicle will remain the larger segment over the forecast period due to growing adoption of telematics in the commerical vehicle so as to ensure fleet safety.
Within this market, ADAS will remain the largest segment.
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APAC is expected to witness highest growth over the forecast period due to increasing sales of vehicles and growing purchasing power of consumers in the region.
Bosch, Continental, Valeo, Garrett Motion, and Aisin Seiki are the major suppliers in the predictive vehicle technology market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cast visit Lucintel’s Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1 972.636.5056
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