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Report Overview

The global automotive predictive maintenance market size is projected to grow at a CAGR of 13.20% between 2025 and 2034. The market is being aided by the emergence of digital twins and the rising need for more efficient and safer transportation modes.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Compound Annual Growth Rate

Value in USD Billion

13.2%

2025-2034


Automotive Predictive Maintenance Market Outlook

*this image is indicative*

Key Trends in the Market

Predictive maintenance refers to the maintenance strategy that uses machine learning algorithms to interpret data from sensors, and equipment logs to predict when the vehicle is likely to fail. Predictive maintenance allows for remote diagnosis of potential problems associated with vehicles before they give rise to major breakdowns.

  • The emergence of digital twins is transforming the automotive predictive maintenance market growth. Digital twins offer a real-time view of the performance and health of specific components in the vehicle. Through analysing data obtained from sensors integrated into vehicles, manufacturers can predict potential issues and take proactive measures to minimise downtime, thereby avoiding costly repairs.
  • The rising need for safer and more efficient transportation, in addition to advancements in technology, is catering to the demand for autonomous vehicles. The surge in the demand for autonomous vehicles is also anticipated to support the growth of the automotive predictive maintenance market demand in the coming years.
  • The incorporation of predictive maintenance technology in automobiles enables constant monitoring for abnormal vibrations, temperature variations, and fluid leaks, further ensuring that potential issues compromising vehicle safety and security are detected on time. Thus, predictive maintenance ensures the security of both the vehicle and its occupants.

Automotive Predictive Maintenance Market Segmentation

The EMR’s report titled “Automotive Predictive Maintenance Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Component:

  • Solution
  • Services

Market Breakup by Vehicle Type:

  • Passenger Car
  • Commercial Vehicle

Market Breakup by Application:

  • Engine Performance
  • Exhaust System
  • Transmission Function
  • Structural Stability

Market Breakup by End Use:

  • Personal Use
  • Commercial Use

Market Breakup by Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Market Share by Application

As per the automotive predictive maintenance market analysis, the data sciences used in the technology act as essential tools for failure prediction to identify potential errors, prevent failures from occurring, and lower maintenance costs of engines.

The proactive approach of predictive maintenance results in cost savings, as it identifies and corrects potential engine issues before they lead to downtime and significant financial losses for vehicle owners, fleet operators, and manufacturers.

Proactive alerts and early warnings increase the lifespan of the vehicles. Manufacturers benefit as it enables proactive communication with automobile owners, reducing breakdowns and thereby improving customer satisfaction.

Market Share by Region

Europe holds a significant portion of the global automotive predictive maintenance market share. The market is driven by the dynamic automotive sector in Europe. Technological advancements in the automotive sector, along with favourable government initiatives promoting the safety of vehicles and emission reduction, are contributing to the growth of the market in the region.

Competitive Landscape

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global automotive predictive maintenance market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

Siemens Aktiengesellschaft

Siemens Aktiengesellschaft, founded in 1847, is a technology company focused on sectors like infrastructure, transport, and healthcare. The company combines industrial artificial intelligence and connectivity with expert services for predictive services for drive systems.

Continental AG

Continental AG is a German multinational automotive parts manufacturing company.  The company provides its products and solutions to sectors such as passenger cars, trucks and buses, two-wheelers, agriculture, construction and mining, continental automotive, material handling, and railway.

ZF Friedrichshafen AG

ZF Friedrichshafen AG, based in Germany, is a global technology company engaged in providing mobility systems for passenger cars, commercial vehicles, and industrial technology. The company provides fleet management solutions for maximising vehicle safety.

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other players operating in the global automotive predictive maintenance market include IBM Corporation, Robert Bosch GmbH, Hitachi, Ltd., Samsung Electronics Co. Ltd. (Harman International), SAP SE, Aptiv PLC, and Garrett Motion Inc., among others.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is projected to grow at a CAGR of 13.20% between 2025 and 2034.

The market drivers include the rising adoption of electric and autonomous vehicles, the increasing importance of reducing downtime through predictive analytics, and the growing adoption of IoT and other connected car technologies.

The trends in the market include increasing digitalisation, rising demand for cloud-based solutions, and favourable government initiatives supporting the safety and security of vehicles.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The different end users of automotive predictive maintenance include personal use and commercial use.

The significant applications of automotive predictive maintenance are engine performance, exhaust system, transmission function, and structural stability.

Solution and services are the various components of automotive predictive maintenance.

The key players in the market include Siemens Aktiengesellschaft, IBM Corporation, Continental AG, ZF Friedrichshafen AG, Robert Bosch GmbH, Hitachi, Ltd., Samsung Electronics Co. Ltd. (Harman International), SAP SE, Aptiv PLC, and Garrett Motion Inc., among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Component
  • Vehicle Type
  • Application
  • End Use
  • Region
Breakup by Component
  • Solution
  • Services
Breakup by Vehicle Type
  • Passenger Car
  • Commercial Vehicle
Breakup by Application
  • Engine Performance
  • Exhaust System
  • Transmission Function
  • Structural Stability
Breakup by End Use
  • Personal Use
  • Commercial Use
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Siemens Aktiengesellschaft
  • IBM Corporation
  • Continental AG
  • ZF Friedrichshafen AG
  • Robert Bosch GmbH
  • Hitachi, Ltd.
  • Samsung Electronics Co. Ltd. (Harman International)
  • SAP SE
  • Aptiv PLC
  • Garrett Motion Inc.
  • Others

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