Automotive Predictive Maintenance Market Size (US$ Mn) Forecast, by Component, 2017 - 2027, 12.5. This way, it helps reduce over-maintenance and no-fault-found events that cause service standstill and cost companies a lot of trouble. Also, we have ensured thatthe alarm module works on a set of rules based on real-time data. Automotive data analytics companies can help you gain the maximum of your investment in predictive maintenance. Market Taxonomy - Segment Definitions, 2.2.1. Segmentation ofAutomotive Predictive Maintenance Market. We use cookies to help provide and enhance our service and tailor content and ads. Automotive Predictive Maintenance Market Size (US$ Mn) Forecast, by Component, 2017 - 2027, 11.5. List of Emerging, Prominent and Leading Players, 4.7.2. If the data of vehicles is stolen, it can be used against an organization, which impacts them financially.

Effective knowledge transfer plan: how to move IT outsourcing projects to a new vendor, N-iX successfully renews FSQS certification. Providing world-class automotive factory maintenance solutions, the latest technology and equipment expertise to increase plant productivity so you can meet high production targets. Structural Stability (Acoustic, Vibration), 13.6. It goes one step further in vehicles, where automotive predictive maintenance opens up avenues into preventive maintenance as well.

In this case, preventive maintenance serves as a good basis for kicking off predictive maintenance. User-friendly and comprehensive dashboards help: Judging from the amount of data that comes from many sensors, cloud is the best solution to storing and operating this data. Continuous improvement in maintenance: a case study in the automotive industry involving Lean tools. This not only prevents unscheduled downtimes in production but also makes an important contribution to sustainability and the efficient use of resources by ensuring optimum system availability.

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough. They can be connected to everything: vehicles can easily communicate with surroundings Todays vehicles are much smarter than just several years before. Copyright Transparency Market Research. This is particularly important for the automotive industry. To optimise the upkeep of systems, data is used to decide when to replace components as a precaution so as to prevent unnecessary downtimes. Roadside assistance PdM data makes it easy to determine when a vehicle needs assistance on the road. The introduction of these changes forced the application of some Lean tools, with a view to improving procedures and information flows. It is then sent to the cloud to be collated and analysed with the help of algorithms. An OEE of more than 90% has been achieved. Historic Growth Trends, 2016-2018, 4.5.2. Automotive Predictive Maintenance Market Size (US$ Mn) Forecast, by Country/Sub-region, 2017 - 2027, 12. Such requests are then serviced in an accelerated manner using the vehicle location data and diagnostic codes. The total size of attachments should not exceed 5Mb. At BMW Group Plant Regensburg, for example, the control units of the conveyor systems work 24/7 to send data on points such as electrical currents, temperatures and locations to the cloud, where it is constantly evaluated. For a large OEM group, this could mean savings of up to 200 million per year. North America Automotive Predictive Maintenance Market Analysis and Forecast, 9.3. Many consumers plan to buy a car. With the pervasive influence of technology also reaching the automotive predictive maintenance market, stakeholders incorporating Big Data and IoT for data-driven solutions are set to benefit the most in the foreseeable future. According to analysts at Transparency Market Research, the global automotive predictive maintenance market is set to expand at a striking CAGR of ~28% over the forecast period from 2019 to 2027. The work was completed successfully, and key performance indicators were implemented, whose support data, which is now collected and calculated automatically on a routine basis, and the spare-parts management was validated with a view to optimization of warehouse space and at a conveniently low inventory level in this type of parts, without endangering critical equipment in production. Request a sample to get extensive insights into the Automotive Predictive Maintenance Market. N-iX is an Eastern European software development service company that helps businesses across the globe expand their engineering capabilities and develop successful software products. Automotive Predictive Maintenance Market Concentration Rate, 4.7.1.1. Impact Analysis of Drivers and Restraints, 12.4. Automotive Predictive Maintenance Market Size (US$ Mn) Forecast, by Application, 2017 - 2027, 6.3.4. There are various types of sensors that can help you monitor everything from fuel consumption and engine temperature to fluid levels and run time: Data in automotive comes from IoT sensors and history of previous repairs. Players in the automotive predictive maintenance market are focusing on catering to these end-users to build technology that keeps fleets running smoothly. Market Opportunity Assessment by Region (North America/ Europe/ Asia Pacific/ Middle East and Africa/ South America), 4.7.1. Global Market Macro Economic Factors Overview, 4.2.1. Whether you are an enterprise or a fast-growing tech company, we can help you succeed. The increasing digitalisation of maintenance has made a predictive approach more and more important. The automotive predictive maintenance market report provides analysis of the market for the period. So rather than the previous approach of rule-based maintenance at regular intervals, predictive maintenance is carried out, based on the current condition of the system. Especially 5G provides the ability to transfer high volume data with low latency, enabling real time data analysis of equipment. Thanks to advanced technologies like IoT, Big Data, Data Analytics, AI, cloud computing, cars have become safer, autonomous, and data-driven. Automotive Predictive Maintenance Market Size (US$ Mn) Forecast, by Component, 2017 - 2027, 9.5. 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Most insurance companies use automotive predictive maintenance to remain competitive in the market. Market Revenue Share Analysis (%), by Leading Players (2018), Table 1: List of Emerging, Prominent, and Leading Players in the Market, Table 2: List of Key Recent Development in the Automotive Predictive Maintenance Market, Table 3: Global Automotive Predictive Maintenance Market Size (US$ Mn), by Component, 20172027, Table 4: Global Automotive Predictive Maintenance Market Size (US$ Mn), by Application, 20172027, Table 5: Global Automotive Predictive Maintenance Market Size (US$ Mn), by End-user, 20172027, Table 6: Global Automotive Predictive Maintenance Market Size (US$ Mn), by Region, 20172027, Table 7: North America Automotive Predictive Maintenance Market Size (US$ Mn), by Component, 20172027, Table 8: North America Automotive Predictive Maintenance Market Size (US$ Mn), by Application, 20172027, Table 9: North America Automotive Predictive Maintenance Market Size (US$ Mn), by End-user, 20172027, Table 10: North America Automotive Predictive Maintenance Market Size (US$ Mn), by Country, 20172027, Table 11: Europe Automotive Predictive Maintenance Market Size (US$ Mn), by Component, 20172027, Table 12: Europe Automotive Predictive Maintenance Market Size (US$ Mn), by Application, 20172027, Table 13: Europe Automotive Predictive Maintenance Market Size (US$ Mn), by End-user, 20172027, Table 14: Europe Automotive Predictive Maintenance Market Size (US$ Mn), by Country, 20172027, Table 15: Asia Pacific Automotive Predictive Maintenance Market Size (US$ Mn), by Component, 20172027, Table 16: Asia Pacific Automotive Predictive Maintenance Market Size (US$ Mn), by Application, 20172027, Table 17: Asia Pacific Automotive Predictive Maintenance Market Size (US$ Mn), by End-user, 20172027, Table 18: Asia Pacific Automotive Predictive Maintenance Market Size (US$ Mn), by Country, 20172027, Table 19: Middle East & Africa Automotive Predictive Maintenance Market Size (US$ Mn), by Component, 20172027, Table 20: Middle East & Africa Automotive Predictive Maintenance Market Size (US$ Mn), by Application, 20172027, Table 21: Middle East & Africa Automotive Predictive Maintenance Market Size (US$ Mn), by End-user, 20172027, Table 22: Middle East & Africa Automotive Predictive Maintenance Market Size (US$ Mn), by Country, 20172027, Table 23: South America Automotive Predictive Maintenance Market Size (US$ Mn), by Component, 20172027, Table 24: South America Automotive Predictive Maintenance Market Size (US$ Mn), by Application, 20172027, Table 25: South America Automotive Predictive Maintenance Market Size (US$ Mn), by End-user, 20172027, Table 26: South America Automotive Predictive Maintenance Market Size (US$ Mn), by Country, 20172027, Figure 1: Global Automotive Predictive Maintenance Market Size (US$ Mn) Forecast, 20172027, Figure 2: Global Automotive Predictive Maintenance Market Size (US$ Mn) Forecast, by Component, 20172027, Figure 3: Global Automotive Predictive Maintenance Market Size (US$ Mn) Forecast, by Application, 20172027, Figure 4: Global Automotive Predictive Maintenance Market Size (US$ Mn) Forecast, by End-user, 20172027, Figure 5: Global Automotive Predictive Maintenance Market, Regional Outline, Figure 6: GDP (US$ Bn), Top Countries (2014 2019), Figure 7: Top Economies GDP Landscape, 2018, Figure 9: Global ICT Spending (%), by Region, 2019, Figure 10: Global ICT Spending (US$ Bn), Regional Contribution, 2019, Figure 11: Global ICT Spending (US$ Bn), Spending Type Contribution, 2019, Figure 12: Global ICT Spending (%), by Type, 2019, Figure 13: Global Automotive Predictive Maintenance Market Size (US$ Mn), 2016 - 2027, Figure 14: Global Automotive Predictive Maintenance Market Y-o-Y Growth (Value %), 2016 - 2027, Figure 15: Global Automotive Predictive Maintenance Market Opportunity Assessment, by Component (2019), Figure 16: Global Automotive Predictive Maintenance Market Opportunity Assessment, by Application (2019), Figure 17: Global Automotive Predictive Maintenance Market Opportunity Assessment, by End-user (2019), Figure 18: Global Automotive Predictive Maintenance Market Opportunity Assessment, by Region (2019), Figure 19: North America Automotive Predictive Maintenance Market Opportunity Assessment, by Component (2019), Figure 20: North America Automotive Predictive Maintenance Market Opportunity Assessment, by Application (2019), Figure 21: North America Automotive Predictive Maintenance Market Opportunity Assessment, by End-user (2019), Figure 22: North America Automotive Predictive Maintenance Market Opportunity Assessment, by Country (2019), Figure 23: Europe Automotive Predictive Maintenance Market Opportunity Assessment, by Component (2019), Figure 24: Europe Automotive Predictive Maintenance Market Opportunity Assessment, by Application (2019), Figure 25: Europe Automotive Predictive Maintenance Market Opportunity Assessment, by End-user (2019), Figure 26: Europe Automotive Predictive Maintenance Market Opportunity Assessment, by Country (2019), Figure 27: Asia Pacific Automotive Predictive Maintenance Market Opportunity Assessment, by Component (2019), Figure 28: Asia Pacific Automotive Predictive Maintenance Market Opportunity Assessment, by Application (2019), Figure 29: Asia Pacific Automotive Predictive Maintenance Market Opportunity Assessment, by End-user (2019), Figure 30: Asia Pacific Automotive Predictive Maintenance Market Opportunity Assessment, by Country (2019), Figure 31: Middle East & Africa Automotive Predictive Maintenance Market Opportunity Assessment, by Component (2019), Figure 32: Middle East & Africa Automotive Predictive Maintenance Market Opportunity Assessment, by Application (2019), Figure 33: Middle East & Africa Automotive Predictive Maintenance Market Opportunity Assessment, by End-user (2019), Figure 34: Middle East & Africa Automotive Predictive Maintenance Market Opportunity Assessment, by Country (2019), Figure 35: South America Automotive Predictive Maintenance Market Opportunity Assessment, by Component (2019), Figure 36: South America Automotive Predictive Maintenance Market Opportunity Assessment, by Application (2019), Figure 37: South America Automotive Predictive Maintenance Market Opportunity Assessment, by End-user (2019), Figure 38: South America Automotive Predictive Maintenance Market Opportunity Assessment, by Country (2019), Figure 39: Global Automotive Predictive Maintenance Market, Component, CAGR (%) (2019 2027), Figure 40: Global Automotive Predictive Maintenance Market, Application CAGR (%) (2019 2027), Figure 41: Global Automotive Predictive Maintenance Market, End-user CAGR (%) (2019 2027), Figure 42: Global Automotive Predictive Maintenance Market, Region CAGR (%) (2019 2027), Figure 43: Global Automotive Predictive Maintenance Market Share Analysis, by Component (2019), Figure 44: Global Automotive Predictive Maintenance Market Share Analysis, by Component (2027), Figure 45: Global Automotive Predictive Maintenance Market Share Analysis, by Application (2019), Figure 46: Global Automotive Predictive Maintenance Market Share Analysis, by Application (2027), Figure 47: Global Automotive Predictive Maintenance Market Share Analysis, by End-user (2019), Figure 48: Global Automotive Predictive Maintenance Market Share Analysis, by End-user (2027), Figure 49: Global Automotive Predictive Maintenance Market Share Analysis, by Region (2019), Figure 50: Global Automotive Predictive Maintenance Market Share Analysis, by Region (2027), Figure 51: North America Automotive Predictive Maintenance Market Share Analysis, by Component (2019), Figure 52: North America Automotive Predictive Maintenance Market Share Analysis, by Component (2027), Figure 53: North America Automotive Predictive Maintenance Market Share Analysis, by Application (2019), Figure 54: North America Automotive Predictive Maintenance Market Share Analysis, by Application (2027), Figure 55: North America Automotive Predictive Maintenance Market Share Analysis, by End-user (2019), Figure 56: North America Automotive Predictive Maintenance Market Share Analysis, by End-user (2027), Figure 57: North America Automotive Predictive Maintenance Market Share Analysis, by Country (2019), Figure 58: North America Automotive Predictive Maintenance Market Share Analysis, by Country (2027), Figure 59: Europe Automotive Predictive Maintenance Market Share Analysis, by Component (2019), Figure 60: Europe Automotive Predictive Maintenance Market Share Analysis, by Component (2027), Figure 61: Europe Automotive Predictive Maintenance Market Share Analysis, by Application (2019), Figure 62: Europe Automotive Predictive Maintenance Market Share Analysis, by Application (2027), Figure 63: Europe Automotive Predictive Maintenance Market Share Analysis, by End-user (2019), Figure 64: Europe Automotive Predictive Maintenance Market Share Analysis, by End-user (2027), Figure 65: Europe Automotive Predictive Maintenance Market Share Analysis, by Country (2019), Figure 66: Europe Automotive Predictive Maintenance Market Share Analysis, by Country (2027), Figure 67: Asia Pacific Automotive Predictive Maintenance Market Share Analysis, by Component (2019), Figure 68: Asia Pacific Automotive Predictive Maintenance Market Share Analysis, by Component (2027), Figure 69: Asia Pacific Automotive Predictive Maintenance Market Share Analysis, by Application (2019), Figure 70: Asia Pacific Automotive Predictive Maintenance Market Share Analysis, by Application (2027), Figure 71: Asia Pacific Automotive Predictive Maintenance Market Share Analysis, by End-user (2019), Figure 72: Asia Pacific Automotive Predictive Maintenance Market Share Analysis, by End-user (2027), Figure 73: Asia Pacific Automotive Predictive Maintenance Market Share Analysis, by Country (2019), Figure 74: Asia Pacific Automotive Predictive Maintenance Market Share Analysis, by Country (2027), Figure 75: Middle East & Africa Automotive Predictive Maintenance Market Share Analysis, by Component (2019), Figure 76: Middle East & Africa Automotive Predictive Maintenance Market Share Analysis, by Component (2027), Figure 77: Middle East & Africa Automotive Predictive Maintenance Market Share Analysis, by Application (2019), Figure 78: Middle East & Africa Automotive Predictive Maintenance Market Share Analysis, by Application (2027), Figure 79: Middle East & Africa Automotive Predictive Maintenance Market Share Analysis, by End-user (2019), Figure 80: Middle East & Africa Automotive Predictive Maintenance Market Share Analysis, by End-user (2027), Figure 81: Middle East & Africa Automotive Predictive Maintenance Market Share Analysis, by Country (2019), Figure 82: Middle East & Africa Automotive Predictive Maintenance Market Share Analysis, by Country (2027), Figure 83: South America Automotive Predictive Maintenance Market Share Analysis, by Component (2019), Figure 84: South America Automotive Predictive Maintenance Market Share Analysis, by Component (2027), Figure 85: South America Automotive Predictive Maintenance Market Share Analysis, by Application (2019), Figure 86: South America Automotive Predictive Maintenance Market Share Analysis, by Application (2027), Figure 87: South America Automotive Predictive Maintenance Market Share Analysis, by End-user (2019), Figure 88: South America Automotive Predictive Maintenance Market Share Analysis, by End-user (2027), Figure 89: South America Automotive Predictive Maintenance Market Share Analysis, by Country (2019), Figure 90: South America Automotive Predictive Maintenance Market Share Analysis, by Country (2027), Figure 91: Automotive Predictive Maintenance Market Share Analysis (2018), Request the coronavirus impact analysis on Automotive Predictive Maintenance Market. Indeed, the IATF 16949:2016 imposes the implementation of key performance indicator as a mean to control the overall manufacturing performance. The benefits of automotive predictive maintenance include ideal maintenance time and improvement of machine performance, and as a process, can be made more efficient by networking and connecting vehicles. Read our Privacy Policy, Automotive Predictive Maintenance Market (Component: Software [Standalone and Web-based], Services [Professional and Managed]; Application: Engine Performance, Exhaust Systems, Transmission Function, Structural Stability [Acoustic and Vibration]; End User: Individuals, Manufacturers [OEMs], Insurance Providers, Dealers & Service Partners, Fleet Owners) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027. Our Future Mobility Europe online event brings together more than 1,000 stakeholders to discuss the business models, technologies and trends shaping the future of mobility. Thus, automotive businesses are now increasingly moving from preventive maintenance to predictive maintenance. Asia Pacific is one of the fastest-growing regions in the world. With more than 1,800 The N-iX team has helped the client improve equipment uptime, reduce maintenance costs and ensure better performance of the client's products by arming maintenance teams with critical asset informationand tools that can effectively process it.