How big is the Automotive Predictive Technology Market?

The Automotive Predictive Technology Market size is expected to reach USD 74.86 billion in 2024 and grow at a CAGR of 8.21% to reach USD 111.07 billion by 2029. Read More

What is the current Automotive Predictive Technology Market size?

In 2024, the Automotive Predictive Technology Market size is expected to reach USD 74.86 billion. Read More

Who are the key players in Automotive Predictive Technology Market?

Continental AG, Aptiv , ZF Friedrichshafen AG, Robert Bosch and Valeo SA are the major companies operating in the Automotive Predictive Technology Market. Read More

Which is the fastest growing region in Automotive Predictive Technology Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Automotive Predictive Technology Market?

In 2024, the Asia-Pacific accounts for the largest market share in Automotive Predictive Technology Market. Read More

What years does this Automotive Predictive Technology Market cover, and what was the market size in 2023?

In 2023, the Automotive Predictive Technology Market size was estimated at USD 69.18 billion. The report covers the Automotive Predictive Technology Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Automotive Predictive Technology Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Automotive Predictive Technology Market Share

Statistics for the 2023 & 2024 Automotive Predictive Technology market share, created by Mordor Intelligence™ Industry Reports. Automotive Predictive Technology share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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.