North America 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, increasing use of predictive powertrain control in heavy vehicles could stipulate the for predictive vehicle technology in the coming years, which would ultimately lead in growth of the predictive vehicle technology market. The recent COVID-19 has been very devastating in the North America region. US has the higher number of confirmed cases of coronavirus, as, compared to Canada and Mexico. The fast increase in the number of confirmed cases and rising reported deaths are likely to impact the businesses operating in this region. Due to the COVID-19 outbreak in the region, the supply chain and sales are getting affected. In addition to this, the overall manufacturing processes, research, and development activities will also get affected in the short term.
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Market Overview and Dynamics
The predictive vehicle technology market in North America is expected to grow from US$ 3.90 Mn in 2019 to US$ 8.52 Mn by 2027; it is estimated to grow at a CAGR of 12.68% from 2020 to 2027. The prevalent opportunity in pursuing in a connected car arena is data management. The connected cars are streaming massive amounts of data into the cloud, and thus to utilize extensive data, the need for predictive analysis and data analysis is growing. Predictive maintenance, predictive collision avoidance, automotive marketing, automotive marketing, and data management of connected cars are some of the growing concepts responsible for the growth of the market. Urge to confirm proper data management in connected cars will help in steep growth of the predictive vehicle technology market.
Key Market Segments
In terms of hardware, the ADAS segment accounted for the largest share of the North America predictive vehicle technology market in 2019. In terms of vehicle type, the passenger car 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 end user in 2019.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the the predictive vehicle technology market in North America 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 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 North America predictive vehicle technology market.
- Efficiently plan M&A and partnership deals in North America 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 North America predictive vehicle technology market.
- Obtain market revenue forecast for market by various segments from 2020-2027 in North America region.
NORTH AMERICA PREDICTIVE VEHICLE TECHNOLOGY SEGMENTATION
- ADAS
- Telematics
- OBD
- Commercial Vehicle
- Passenger Car
- Proactive Alerts
- Safety and Security
By Country
- US
- Canada
- Mexico
Company Profiles
- AISIN SEIKI Co.Ltd.
- Aptiv PLC
- Continental AG
- HELLA GmbH and Co. KGaA
- NXP SEMICONDUCTORS N.V.
- Robert Bosch GmbH
- Valeo
- Visteon Corporation
- ZF Friedrichshafen AG
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. North America Predictive Vehicle Technology Market Landscape
4.1 Market Overview
4.2 North America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. North America Predictive Vehicle Technology–Market Dynamics
5.1 Market Drivers
5.1.1 Increasing use of predictive powertrain control in heavy vehicles
5.1.2 Blending of AI in automotive industry
5.2 Market Restraints
5.2.1 Problems regarding predictive technology
5.3 Market Opportunities
5.3.1 Urge to confirm proper data management in connected cars
5.4 Future Trends
5.4.1 Arrival of self-driving vehicles
5.5 Impact Analysis of Drivers and Restraints
6. Predictive Vehicle Technology Market – North America Analysis
6.1 North America Predictive Vehicle Technology Market Global Overview
6.2 North America Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning –Key Players
7. North America Predictive Vehicle Technology Market Analysis – By Hardware
7.1 Overview
7.2 North America Predictive Vehicle Technology Market, By Hardware (2019 and 2027)
7.3 ADAS
7.3.1 Overview
7.3.2 ADAS: 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. North America Predictive Vehicle Technology Market Analysis – By Vehicle Type
8.1 Overview
8.2 North America 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. North America Predictive Vehicle Technology Market Analysis – By Application
9.1 Overview
9.2 North America 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. North America Predictive Vehicle Technology Market Country Analysis
10.1 Overview
10.1.1 North America: Predictive Vehicle Technology Market, by Key Country
10.1.1.1 US: Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Billion)
10.1.1.1.1 US: Predictive Vehicle Technology Market, by Hardware
10.1.1.1.2 US: Predictive Vehicle Technology Market, by Vehicle Type
10.1.1.1.3 US: Predictive Vehicle Technology Market, by Application
10.1.1.2 Canada: Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Billion)
10.1.1.2.1 Canada: Predictive Vehicle Technology Market, by Hardware
10.1.1.2.2 Canada: Predictive Vehicle Technology Market, by Vehicle Type
10.1.1.2.3 Canada: Predictive Vehicle Technology Market, by Application
10.1.1.3 Mexico: Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Billion)
10.1.1.3.1 Mexico: Predictive Vehicle Technology Market, by Hardware
10.1.1.3.2 Mexico: Predictive Vehicle Technology Market, by Vehicle Type
10.1.1.3.3 Mexico: Predictive Vehicle Technology Market, by Application
11. North America Predictive Vehicle Technology Market- COVID-19 Impact Analysis
11.1 North America
12. Industry Landscape
12.1 Market Initiative
12.2 Merger and Acquisition
12.3 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. North America Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. US: Predictive Vehicle Technology Market, by Hardware –Revenue and Forecast to 2027 (US$ Billion)
Table 3. US: Predictive Vehicle Technology Market, by Vehicle Type –Revenue and Forecast to 2027 (US$ Billion)
Table 4. US: Predictive Vehicle Technology Market, by Application –Revenue and Forecast to 2027 (US$ Billion)
Table 5. Canada: Predictive Vehicle Technology Market, by Hardware –Revenue and Forecast to 2027 (US$ Billion)
Table 6. Canada: Predictive Vehicle Technology Market, by Vehicle Type –Revenue and Forecast to 2027 (US$ Billion)
Table 7. Canada: Predictive Vehicle Technology Market, by Application –Revenue and Forecast to 2027 (US$ Billion)
Table 8. Mexico: Predictive Vehicle Technology Market, by Hardware –Revenue and Forecast to 2027 (US$ Billion)
Table 9. Mexico: Predictive Vehicle Technology Market, by Vehicle Type –Revenue and Forecast to 2027 (US$ Billion)
Table 10. Mexico: Predictive Vehicle Technology Market, by Application –Revenue and Forecast to 2027 (US$ Billion)
Table 11. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Predictive Vehicle Technology Market Segmentation
Figure 2. North America Predictive Vehicle Technology Market Segmentation – By Country
Figure 3. North America Vehicle Technology Market Overview
Figure 4. North America Safety and Security Application Segment Held the Largest Share During Forecast Period
Figure 5. North America ADAS Hardware Segment Held the Largest Share During Forecast Period
Figure 6. North America Passenger Car Held the Largest Share During Forecast Period
Figure 7. US Held the Largest Share of North America Predictive Vehicle Technology Market
Figure 8. North America Predictive Vehicle Technology Market, Industry Landscape
Figure 9. North America Predictive Vehicle Technology Market, Country Analysis
Figure 10. North America – PEST Analysis
Figure 11. North America Ecosystem Analysis
Figure 12. Expert Opinion
Figure 13. North America Predictive Vehicle Technology Market Impact Analysis of Drivers and Restraints
Figure 14. North America Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Million)
Figure 15. North America Predictive Vehicle Technology Market Revenue Share, by Hardware (2019 and 2027)
Figure 16. North America ADAS: Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Million)
Figure 17. North America Telematics : Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Million)
Figure 18. North America OBD: Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Million)
Figure 19. North America Predictive Vehicle Technology Market Breakdown, by Vehicle Type (2019 and 2027)
Figure 20. North America Commercial Vehicle: Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21. North America Passenger Car Market Revenue and Forecast to 2027(US$ Million)
Figure 22. North America Predictive Vehicle Technology Market Breakdown, by Application (2019 and 2027)
Figure 23. North America Proactive Alerts Market Revenue and Forecast to 2027(US$ Million)
Figure 24. North America Safety and Security Market Revenue and Forecast to 2027(US$ Million)
Figure 25. North America: Predictive Vehicle Technology Market Revenue Share, By Key Country (2019 and 2027)
Figure 26. US: Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Billion)
Figure 27. Canada: Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Billion)
Figure 28. Mexico: Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Billion)
Figure 29. Impact of COVID-19 Pandemic in North American Country Markets
- AISIN SEIKI Co.Ltd.
- Aptiv PLC
- Continental AG
- HELLA GmbH and Co. KGaA
- NXP SEMICONDUCTORS N.V.
- Robert Bosch GmbH
- Valeo
- Visteon Corporation
- ZF Friedrichshafen AG
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