Market Share of Automotive Predictive Technology Industry
The automotive predictive technology market is moderately consolidated as it accommodates several major and new players vying for significant market share. Some of the prominent companies in the automotive predictive technology market include Continental AG, ZF Friedrichshafen AG, Robert Bosch, Aptiv PLC, and Valeo SA. These companies are focusing on strategic collaborative initiatives to expand their market shares and profits.
For instance, in April 2022, ZF launched a pioneering collision mitigation system (CMS) designed for city buses. This innovative system provides active braking to prevent frontal collisions with other road users, such as vehicles, bicycles, and pedestrians. Additionally, the CMS effectively mitigates the negative effects of braking momentum on passengers, ensuring their safety and comfort.
Automotive Predictive Technology Market Leaders
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Continental AG
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Aptiv
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ZF Friedrichshafen AG
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Robert Bosch
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Valeo SA
*Disclaimer: Major Players sorted in no particular order