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Global automotive prognostics market size is expected to reach $14.35 Bn by 2028 at a rate of 14.6%, segmented as by component, hardware, software, services
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Automotive Prognostics Global Market Report 2024 Global Forecast 2024 – 2033 Market Size, Drivers, And Trends Top Market Research Firm 2023! We are honoured to be listed as a top company at the forefront of research, by the Business Management Review
Automotive Prognostics Market Segments The Business Research Company segments the automotive prognostics market report as: Hardware, Software, Services By Component Passenger Vehicle, Hatchback, Sedan, Utility Vehicle, Light Commercial Vehicle, Trucks, Buses And Coaches By Vehicle Type Original Equipment Manufacturer(OEM), Aftermarket, Fleet Operators, Private Owners By End-Use By Application Engine (Combustion control, Condition Monitoring), Battery (Electric Power Generation, Traction Battery), Power Steering System, Suspension System, On Board Monitoring & Diagnostics (OBMD)
Market Statistics The global automotive prognostics market size grew from $7.14 billion in 2023 to $8.32 billion in 2024 at a compound annual growth rate (CAGR) of 16.6%. The automotive prognostics market size is expected to grow to $14.35 billion in 2028 at a compound annual growth rate (CAGR) of 14.6%. $ 14.35 B $ 8.32 B $ 7.14 B Click Here To Get A Sample Report
Key Market Drivers And Trends • Drivers The increased need for predictive diagnosis on the road is expected to propel the growth of the automotive prognostics market going forward. Trends Focusing on model-based predictive control (MPC) technology software is a key trend gaining popularity in the automotive prognostics market. • Region North America was the largest region in the automotive prognostics market in 2023. The regions covered in the automotive prognostics market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Top Eleven Players In The Market • Major players in the market are: • Stellantis N.V., • General Motors Company, • BayerischeMotoren Werke • Tesla Inc., • IBM Corporation, • DENSO Corporation • Continental AG, • Magna International Inc., • Bridgestone Corporation, • Cummins Inc., • ZF Friedrichshafen AG Get More Information On The Market Report
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