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Vehicle Health Monitoring Market Share
- Report ID: GMI5016
- Published Date: Mar 2021
- Report Format: PDF
Vehicle Health Monitoring Market Share
The prominent companies operating in this vehicle health monitoring market include
- Visteon Corporation
- Zubie
- Robert Bosch
- Continental
- Delphi Technologies
- KPIT
- Luxoft
- OnStar
- iotaSmart Labs
- Vector Informatik
- Harman International
- Garrett Advancing Motion
- Intangles Lab Private Limited
- Octo Group S.p.A
Market players are focused on new product launches and technological innovations to enhance their service offerings and cater to the changing customer demands.
Frequently Asked Questions (FAQ) :
The global vehicle health monitoring industry held more than USD 32 billion in 2020 and will expand at a CAGR of 9% through 2027.
The hardware segment will grow at a rate of 7% through 2027, owing to rising safety awareness and the surging demand for GPS systems, sensors, and services.
The prognostics segment will expand at a CAGR of 8% by 2027, driven by the soaring adoption of electric vehicles at the global level.
The Asia Pacific vehicle health monitoring market was valued at nearly USD 8 billion of the total industry value in 2020 and will grow on account of the increasing deployment of vehicle monitoring for identifying battery and engine performance.
Vehicle Health Monitoring Market Scope
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