South 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)
Market Introduction
The automotive industry is experiencing significant incorporation of various advanced technologies in cars to improve the occupants' safety and efficiency. The automakers are leveraging artificial intelligence (AI) and machine learning (ML) to realize the driver's patterns and trends 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 amazing convenience to the driver and passengers. Therefore, the automakers are concentrating on adopting connected gadgets and the internet of things (IoT) in vehicles that support voice commands. The integration of the internet of things (IoT) in connected cars is the next significant digital development that will keep on going in the automotive industry. This fact will result in bringing another revolution via the introduction of autonomous vehicles. The self-driving cars/autonomous vehicles include a sensor management system that makes IoT vehicle-to-vehicle communication possible and a reality. Thus, the application 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 SAM predictive vehicle technology market.
Along with that, in the SAM region, Brazil has the highest number of COVID-19 confirmed cases, followed by Ecuador, Chile, Peru, and Argentina, among others. The governments of various countries in SAM are taking an array of actions to protect their citizens and contain COVID-19’s spread. It is anticipated that SAM will face lower export revenues, both from the drop in commodity prices and a reduction in export volumes. Containment measures in several SAM countries are also expected to reduce economic activity in the manufacturing and service sectors for at least the next quarter. However, the long-term growth of the predictive vehicle technology market is projected to be positive.
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Market Overview and Dynamics
The predictive vehicle technology market in SAM is expected to grow from US$ 0.66 million in 2019 to US$ 1.48 million by 2027; it is estimated to grow at a CAGR of 13.0% 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. In addition to the rising emergence of self-driving vehicles, changing government regulations and collaborations are some of the major trends which would support transforming the automotive industry. The factors as mentioned earlier for self-driving vehicles are forecasted to impact the entire automotive industry and so will give the tech companies for the development of more advanced car technologies. This is bolstering the growth of the SAM predictive vehicle technology market.
Key Market Segments
In terms of vehicle type, the passenger car segment accounted for the largest share of the SAM 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 & 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 SAM 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 SAM 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 SAM predictive vehicle technology market
- Efficiently plan M&A and partnership deals in SAM 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 SAM predictive vehicle technology market
- Obtain market revenue forecast for market by various segments from 2020-2027 in SAM region.
SAM Predictive Vehicle Technology Market Segmentation
- ADAS
- Telematics
- OBD
- Commercial Vehicle
- Passenger Car
- Proactive Alerts
- Safety & Security
By Country
- Brazil
- Argentina
- Rest of SAM
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. SAM Predictive Vehicle Technology Market Landscape
4.1 Market Overview
4.2 SAM PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. SAM Predictive Vehicle Technology – Market Dynamics
5.1 Market Drivers
5.1.1 Application of AI in automotive industry
5.2 Market Restraints
5.2.1 Rising security concerns in using predictive technology
5.3 Market Opportunities
5.3.1 Growing need for predictive analysis and data analysis in connected cars
5.4 Future Trends
5.4.1 Testing of more self-driving vehicles
5.5 Impact Analysis of Drivers and Restraints
6. SAM Predictive Vehicle Technology Market Analysis
6.1 SAM Predictive Vehicle Technology Market Overview
6.2 SAM Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Million)
6.3 SAM Market Positioning – Five Key Players
7. SAM Predictive Vehicle Technology Market Analysis – By Hardware
7.1 Overview
7.2 SAM 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. SAM Predictive Vehicle Technology Market Analysis – By Vehicle Type
8.1 Overview
8.2 SAM 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. SAM Predictive Vehicle Technology Market Analysis – By Application
9.1 Overview
9.2 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. SAM Predictive Vehicle Technology Market – Country Analysis
10.1 Overview
10.1.1 SAM: Predictive Vehicle Technology Market, by Key Country
10.1.1.1 Brazil: Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Billion)
10.1.1.1.1 Brazil: Predictive Vehicle Technology Market, by Hardware
10.1.1.1.2 Brazil: Predictive Vehicle Technology Market, by Vehicle Type
10.1.1.1.3 Brazil: Predictive Vehicle Technology Market, by Application
10.1.1.2 Argentina: Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Billion)
10.1.1.2.1 Argentina: Predictive Vehicle Technology Market, by Hardware
10.1.1.2.2 Argentina: Predictive Vehicle Technology Market, by Vehicle Type
10.1.1.2.3 Argentina: Predictive Vehicle Technology Market, by Application
10.1.1.3 Rest of SAM: Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Billion)
10.1.1.3.1 Rest of SAM: Predictive Vehicle Technology Market, by Hardware
10.1.1.3.2 Rest of SAM: Predictive Vehicle Technology Market, by Vehicle Type
10.1.1.3.3 Rest of SAM: Predictive Vehicle Technology Market, by Application
11. SAM Predictive Vehicle Technology Market- COVID-19 Impact Analysis
11.1 SAM: Impact Assessment of COVID-19 Pandemic
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. SAM Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. SAM: Predictive Vehicle Technology Market, by Country – Revenue and Forecast to 2027 (US$ Billion)
Table 3. Brazil: Predictive Vehicle Technology Market, by Hardware –Revenue and Forecast to 2027 (US$ Billion)
Table 4. Brazil: Predictive Vehicle Technology Market, by Vehicle Type –Revenue and Forecast to 2027 (US$ Billion)
Table 5. Brazil: Predictive Vehicle Technology Market, by Application –Revenue and Forecast to 2027 (US$ Billion)
Table 6. Argentina: Predictive Vehicle Technology Market, by Hardware –Revenue and Forecast to 2027 (US$ Billion)
Table 7. Argentina: Predictive Vehicle Technology Market, by Vehicle Type –Revenue and Forecast to 2027 (US$ Billion)
Table 8. Argentina: Predictive Vehicle Technology Market, by Application –Revenue and Forecast to 2027 (US$ Billion)
Table 9. Rest of SAM: Predictive Vehicle Technology Market, by Hardware –Revenue and Forecast to 2027 (US$ Billion)
Table 10. Rest of SAM: Predictive Vehicle Technology Market, by Vehicle Type –Revenue and Forecast to 2027 (US$ Billion)
Table 11. Rest of SAM: Predictive Vehicle Technology Market, by Application –Revenue and Forecast to 2027 (US$ Billion)
Table 12. List of Abbreviation
LIST OF FIGURES
Figure 1. SAM Predictive Vehicle Technology Market Segmentation
Figure 2. SAM Predictive Vehicle Technology Market Segmentation – By Country
Figure 3. SAM Predictive Vehicle Technology Market Overview
Figure 4. Safety and Security Segment Held the Largest Share During Forecast Period - By Application
Figure 5. ADAS 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. Brazil Held the Largest Share of SAM Predictive Vehicle Technology Market - By Country
Figure 8. SAM Predictive Vehicle Technology Market – Key Market Players
Figure 9. SAM Predictive Vehicle Technology Market - Country Analysis
Figure 10. SAM – PEST Analysis
Figure 11. SAM Ecosystem Analysis
Figure 12. Expert Opinion
Figure 13. SAM Predictive Vehicle Technology Market Impact Analysis of Drivers and Restraints
Figure 14. SAM Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Million)
Figure 15. SAM Predictive Vehicle Technology Market Revenue Share, by Hardware (2019 and 2027)
Figure 16. SAM ADAS: Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Million)
Figure 17. SAM Telematics: Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Million)
Figure 18. SAM OBD: Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Million)
Figure 19. SAM Predictive Vehicle Technology Market Breakdown, by Vehicle Type (2019 and 2027)
Figure 20. SAM Commercial Vehicle: Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21. SAM Passenger Car Market Revenue and Forecast to 2027(US$ Million)
Figure 22. SAM Predictive Vehicle Technology Market Breakdown, by Application (2019 and 2027)
Figure 23. SAM Proactive Alerts Market Revenue and Forecast to 2027(US$ Million)
Figure 24. SAM Safety and Security Market Revenue and Forecast to 2027(US$ Million)
Figure 25. SAM: Predictive Vehicle Technology Market Revenue Share, By Key Country (2019 and 2027)
Figure 26. Brazil: Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Billion)
Figure 27. Argentina: Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Billion)
Figure 28. Rest of SAM: Predictive Vehicle Technology Market – Revenue and Forecast to 2027 (US$ Billion)
Figure 29. Impact of COVID-19 Pandemic in SAM Country Markets
The List of Companies - South America Predictive Vehicle Technology Market
- 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
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the SAM predictive vehicle technology market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the SAM predictive vehicle technology market, thereby allowing players across the value chain to develop effective long-term strategies.
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- Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the predictive vehicle technology market, as well as those hindering it.
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