Asia Pacific Predictive Vehicle Technology Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Hardware (ADAS, Telematics, and OBD); Vehicle Type (Commercial Vehicle and Passenger Car); and Application (Proactive Alerts and Safety and Security) and Country
Market Introduction
At present, the automotive industry is experiencing significant incorporation of various advanced technologies in cars to improve the safety and efficiency of the occupants. The automakers are leveraging artificial intelligence (AI) and machine learning (ML) to realize the patterns and trends of the driver and improve the safety of the vehicle. Both technologies are ready to become a vital part of upcoming vehicles and the automotive industry. In the race of connected cars and self-driving vehicles, predictive vehicle technologies are gaining acceptance among all auto types, which offers notable convenience to the driver and passengers. Therefore, the automakers are concentrating on adopting connected gadgets and IoT in vehicles that support voice commands. Thus, the growth in the integration of AI in automotive industry is expected to create a significant demand for predictive vehicle technology in the coming years, which is further anticipated to drive the predictive vehicle technology market. The COVID-19 is anticipated to cause huge disruptions in the Asia Pacific region. Asia pacific is a crucial region in terms of manufacturing and industrial growth and any disruptions may negatively impact the growth of various industries dependent on the region for supply and revenues. In terms of automotive production, China is a biggest car market, and Wuhan, which is a center of an outbreak, is called as a “motor city”.
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Market Overview and Dynamics
The predictive vehicle technology market in APAC is expected to grow from US$ 10.64 Mn in 2019 to US$ 25.33 Mn by 2027; it is estimated to grow at a CAGR of 13.91% from 2020 to 2027. The auto manufacturers and tech companies are involved in the development of sophisticated technologies that enable automobiles to drive themselves. In the race of testing self-driving vehicles, Google is leading the race, followed by Audi, Toyota, and Mercedes-Benz. Moreover, the Institute of Electrical and Electronics Engineers (IEEE) foresees that the self-driving vehicles will approximately account for up to 75% of vehicles on the road by 2040. The self-driving car industry is anticipated to benefit the car-sharing services such as Zipcar, taxi services, public transportation, and rental car companies. This is bolstering the growth of the predictive vehicle technology market.
Key Market Segments
In terms of vehicle type, the passenger car segment accounted for the largest share of the APAC predictive vehicle technology market in 2019. In terms of hardware, the ADAS segment held a larger market share of the predictive vehicle technology market in 2019. Further, the safety and security segment held a larger share of the market based on application in 2019.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the predictive vehicle technology market in APAC are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are AISIN SEIKI Co.Ltd., Aptiv PLC, Continental AG, HELLA GmbH and Co. KGaA, NXP SEMICONDUCTORS N.V., Robert Bosch GmbH, Valeo, Visteon Corporation, and ZF Friedrichshafen AG among others.
Reasons to buy report
- To understand the APAC predictive vehicle technology market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for APAC predictive vehicle technology market
- Efficiently plan M&A and partnership deals in APAC predictive vehicle technology market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form APAC predictive vehicle technology market
- Obtain market revenue forecast for market by various segments from 2020-2027 in APAC region.
APAC PREDICTIVE VEHICLE TECHNOLOGY MARKET SEGMENTATION
- ADAS
- Telematics
- OBD
- Commercial Vehicle
- Passenger Car
- Proactive Alerts
- Safety and Security
By Country
- China
- India
- Japan
- South Korea
- Rest of APAC
Company Profiles
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Predictive Vehicle Technology Market Landscape
4.1 Market Overview
4.2 APAC PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Predictive Vehicle Technology–APAC Market Dynamics
5.1 Market Drivers
5.1.1 Integration of AI in automotive industry
5.2 Market Restraints
5.2.1 Issues regarding predictive technology
5.3 Market Opportunities
5.3.1 Demand to ensure proper data management in connected cars
5.4 Future Trends
5.4.1 Emergence of self-driving vehicles
5.5 Impact Analysis of Drivers and Restraints
6. Predictive Vehicle Technology Market – APAC Analysis
6.1 APAC Predictive Vehicle Technology Market Overview
6.2 APAC Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning –Key Players
7. APAC Predictive Vehicle Technology Market Analysis By Hardware
7.1 Overview
7.2 APAC Predictive Vehicle Technology Market, By Hardware (2019 and 2027)
7.3 ADAS
7.3.1 Overview
7.3.2 ADAS: Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Telematics
7.4.1 Overview
7.4.2 Telematics: Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Million)
7.5 OBD
7.5.1 Overview
7.5.2 OBD: Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Million)
8. APAC Predictive Vehicle Technology Market Analysis By Vehicle Type
8.1 Overview
8.2 APAC Predictive Vehicle Technology Market Breakdown, by Vehicle Type, 2019 & 2027
8.3 Commercial Vehicle
8.3.1 Overview
8.3.2 Commercial Vehicle: Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Million)
8.4 Passenger Car
8.4.1 Overview
8.4.2 Passenger Car: Predictive Vehicle Technology Market Revenue and Forecast to 2027 (US$ Million)
9. APAC Predictive Vehicle Technology Market Analysis By Application
9.1 Overview
9.2 APAC Predictive Vehicle Technology Market Breakdown, by Application, 2019 & 2027
9.3 Proactive Alerts
9.3.1 Overview
9.3.2 Proactive Alerts Market Revenue and Forecast to 2027 (US$ Million)
9.4 Safety and Security
9.4.1 Overview
9.4.2 Safety and Security Market Revenue and Forecast to 2027 (US$ Million)
10. APAC Predictive Vehicle Technology Market – Country Analysis
10.1 Overview
10.1.1 APAC: Predictive Vehicle Technology Market, by Key Country
10.1.1.1 China: Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Billion)
10.1.1.1.1 China: Predictive Vehicle Technology Market, by Hardware
10.1.1.1.2 China: Predictive Vehicle Technology Market, by Vehicle Type
10.1.1.1.3 China: Predictive Vehicle Technology Market, by Application
10.1.1.2 India: Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Billion)
10.1.1.2.1 India: Predictive Vehicle Technology Market, by Hardware
India: Predictive Vehicle Technology Market, by Vehicle Type
10.1.1.2.2 India: Predictive Vehicle Technology Market, by Application
10.1.1.3 Japan: Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Billion)
10.1.1.3.1 Japan: Predictive Vehicle Technology Market, by Hardware
10.1.1.3.2 Japan: Predictive Vehicle Technology Market, by Vehicle Type
10.1.1.3.3 Japan: Predictive Vehicle Technology Market, by Application
10.1.1.4 South Korea: Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Billion)
10.1.1.4.1 South Korea: Predictive Vehicle Technology Market, by Hardware
10.1.1.4.2 South Korea: Predictive Vehicle Technology Market, by Vehicle Type
10.1.1.4.3 South Korea: Predictive Vehicle Technology Market, by Application
10.1.1.5 Rest of APAC: Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Billion)
10.1.1.5.1 Rest of APAC: Predictive Vehicle Technology Market, by Hardware
10.1.1.5.2 Rest of APAC: Predictive Vehicle Technology Market, by Vehicle Type
10.1.1.5.3 Rest of APAC: Predictive Vehicle Technology Market, by Application
11. Impact of COVID-19 Pandemic On APAC Predictive Vehicle Technology Market
11.1 APAC: Impact Assessment of COVID – 19 Pandemic
12. Industry Landscape
12.1 Market Initiative
12.2 New Development
13. Company Profiles
13.1 AISIN SEIKI Co.Ltd.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Aptiv PLC
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Continental AG
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 HELLA GmbH and Co. KGaA
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 NXP SEMICONDUCTORS N.V.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Robert Bosch GmbH
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Valeo
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Visteon Corporation
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 ZF Friedrichshafen AG
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. PAC Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. APAC: Predictive Vehicle Technology Market, by Country – Revenue and Forecast to 2027 (US$ Billion)
Table 3. China: Predictive Vehicle Technology Market, by Hardware –Revenue and Forecast to 2027 (US$ Billion)
Table 4. China: Predictive Vehicle Technology Market, by Vehicle Type –Revenue and Forecast to 2027 (US$ Billion)
Table 5. China: Predictive Vehicle Technology Market, by Application –Revenue and Forecast to 2027 (US$ Billion)
Table 6. India: Predictive Vehicle Technology Market, by Hardware –Revenue and Forecast to 2027 (US$ Billion)
Table 7. India: Predictive Vehicle Technology Market, by Vehicle Type –Revenue and Forecast to 2027 (US$ Billion)
Table 8. India: Predictive Vehicle Technology Market, by Application –Revenue and Forecast to 2027 (US$ Billion)
Table 9. Japan: Predictive Vehicle Technology Market, by Hardware –Revenue and Forecast to 2027 (US$ Billion)
Table 10. Japan: Predictive Vehicle Technology Market, by Vehicle Type –Revenue and Forecast to 2027 (US$ Billion)
Table 11. Japan: Predictive Vehicle Technology Market, by Application –Revenue and Forecast to 2027 (US$ Billion)
Table 12. South Korea: Predictive Vehicle Technology Market, by Hardware –Revenue and Forecast to 2027 (US$ Billion)
Table 13. South Korea: Predictive Vehicle Technology Market, by Vehicle Type –Revenue and Forecast to 2027 (US$ Billion)
Table 14. South Korea: Predictive Vehicle Technology Market, by Application –Revenue and Forecast to 2027 (US$ Billion)
Table 15. Rest of APAC: Predictive Vehicle Technology Market, by Hardware –Revenue and Forecast to 2027 (US$ Billion)
Table 16. Rest of APAC: Predictive Vehicle Technology Market, by Vehicle Type –Revenue and Forecast to 2027 (US$ Billion)
Table 17. Rest of APAC: Predictive Vehicle Technology Market, by Application –Revenue and Forecast to 2027 (US$ Billion)
Table 18. List of Abbreviation
LIST OF FIGURES
Figure 1. APAC Predictive Vehicle Technology Market Segmentation
Figure 2. APAC Predictive Vehicle Technology Market Segmentation – By Country
Figure 3. APAC Predictive Vehicle Technology Market Overview
Figure 4. Safety and Security Application Segment Held the Largest Share During Forecast Period, by Application
Figure 5. ADAS Hardware Segment Held the Largest Share During Forecast Period, by Hardware
Figure 6. Passenger Car Held the Largest Share During Forecast Period, by Vehicle Type
Figure 7. China Held the Largest Share of APAC Predictive Vehicle Technology Market, by Country
Figure 8. APAC Predictive Vehicle Technology Market, Industry Landscape
Figure 9. APAC Predictive Vehicle Technology Market, Country Analysis
Figure 10. APAC – PEST Analysis
Figure 11. APAC Ecosystem Analysis
Figure 12. Expert Opinion
Figure 13. APAC Predictive Vehicle Technology Market Impact Analysis of Drivers and Restraints
Figure 14. APAC Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Million)
Figure 15. APAC Predictive Vehicle Technology Market Revenue Share, by Hardware (2019 and 2027)
Figure 16. ADAS: APAC Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Million)
Figure 17. Telematics: APAC Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Million)
Figure 18. OBD: APAC Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Million)
Figure 19. APAC Predictive Vehicle Technology Market Breakdown, by Vehicle Type (2019 and 2027)
Figure 20. Commercial Vehicle: APAC Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21. APAC Passenger Car Market Revenue and Forecast to 2027(US$ Million)
Figure 22. APAC Predictive Vehicle Technology Market Breakdown, by Application (2019 and 2027)
Figure 23. APAC Proactive Alerts Market Revenue and Forecast to 2027(US$ Million)
Figure 24. APAC Safety and Security Market Revenue and Forecast to 2027(US$ Million)
Figure 25. APAC: Predictive Vehicle Technology Market Revenue Share, By Key Country (2019 and 2027)
Figure 26. China: Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Billion)
Figure 27. India: Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Billion)
Figure 28. Japan: Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Billion)
Figure 29. South Korea: Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Billion)
Figure 30. Rest of APAC: Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Billion)
Figure 31. Impact of COVID-19 Pandemic in APAC Country Markets
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