Global Automotive Prognostics Market 2018-2022| Aftermarket Segment Dominates the Global Market| Technavio
LONDON--(BUSINESS WIRE)--Aug 24, 2018--According to the latest market research report released by Technavio, the global automotive prognostics market is expected to register a CAGR of over 88% during the forecast period. However, the growth momentum of the market is expected to decelerate due to a decline in the year-over-year growth.
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Technavio has published a new market research report on the global automotive prognostics market from 2018-2022. (Photo: Business Wire)
This research report titled ’ ’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
The market research analysis categorizes the global automotive prognostics market into the following end-users:Aftermarket OEMs
In 2017, the aftermarket segment accounted for nearly 99% of the global market and is projected to decline to 76% by 2022, exhibiting almost 24% decrease in market share.
Global Automotive Prognostics market: Top emerging trend
The growing popularity of prognostics increasing the number of patents is an emerging trend in the automotive prognostics space. The growing popularity of the prognostic system in the automotive market is leading to the development of various techniques in data acquisition and processing by stakeholders in the field of prognostics. As a result, these stakeholders are drafting patents to protect the intellectual property, which are mostly focused on methods and systems on prognostics and also includes the development of sensors, hardware, and software that are required for prognostic applications.
Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Technavio’s report provides expert market research on the following topics:
Executive ReportMarket Outline Global Automotive Prognostics Market Overview
Market InsightsMarket Sizing and Forecasts Market Growth Market Drivers and Challenges Key Emerging Trends
Market Segmentation AnalysisRegional comparison (North America, Europe, and ROW) Key leading countries Market segmentation by end-user (aftermarket and OEMs) Market segmentation by application (CVs and passenger cars)
Vendor LandscapeVendor classification Market positioning of vendors Competitive scenario Analysis of top vendors (Covisint, DataRPM, Hortonworks, National Instruments, OnStar, and Pivotal Software)
is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
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SOURCE: Technavio Research
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