Visiongain has published a new report on Integrated Vehicle Health Management Market Report to 2031: Forecasts by Health Management Type (Diagnostics and Prognostics) by Component (Software and Hardware) by Electric Vehicle Health Management Type (Diagnostics and Prognostics) by Channel (OEM and Service Centre). PLUS, Profiles of Leading Integrated Vehicle Health Management Manufacturing Companies and Regional and Leading National Market Analysis. PLUS COVID-19 Recovery Scenarios.
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The market is anticipated to witness growth over the forecast period, despite the disruptions created by COVID-19 in the year 2020. Visiongain expects the global integrated vehicle health management market to showcase a steady recovery from the COVID-19 slump, the details and measurement of which have been covered in detail in the report.
COVID-19 Impact on Integrated Vehicle Health Management Market
COVID-19 negatively impacted the Integrated Vehicle Health Management segment due to restricted public movement and limited economic activities in first few months after the spread of the virus. The demand for integrated vehicle health management market is directly proportional to new vehicle sales, which a major area of new health management application. The global slump in new vehicle sales and specialty vehicle sales lead to a domino effect and affected the market growth. However, with growing need of personal mobility and growing health awareness among customers is expected to boost the demand in near term.
The growth of the global integrated vehicle health management market is expected to be fueled by growing technological innovation in the automotive sector. With the OEM offering advanced health-related features in their tech-savvy vehicles, customers are expected to get lured to the new and advanced vehicles as when compared to the conventional ones. Secondly, favorable regulatory scenario in many countries, where government themselves mandates some health and safety related features is expected to act as major positive for the demand of integrated vehicle health management market.
Significant opportunity exists in the new technology products in Integrated Vehicle Health Management, major players compete on technology and cost as key differentiation product to win the market. Affordability and convenience offered are the two such areas of opportunity. Many EV supply equipment manufacturers are investing significantly in R&D to make HEVs more cost effective. Growth opportunities also exist in the developing part of the world, i.e. regions such as Asia Pacific where countries such as Thailand, Malaysia, Indonesia and India are striving hard to achieve major electrification in near term.
How the Integrated Vehicle Health Management Market report helps you
In summary, our 500+ page report provides you with the following knowledge:
- Revenue forecasts to 2031 for Integrated Vehicle Health Management Market, with forecasts for Component, Electric Vehicle Health Management Type, and health management type, each forecasted at a global and regional level- discover the industry’s prospects, finding the most lucrative places for investments and revenues.
- Revenue forecasts to 2031 for 5 regional and 20 key national markets – See forecasts for the Integrated Vehicle Health Management market in North America, Europe, Asia-Pacific and Rest of the World. Also forecasted is the market in the US, Canada, Argentina, Brazil, Germany, France, UK, Italy, Spain, China, India, Japan, and Australia among other prominent economies.
- Prospects for established firms and those seeking to enter the market- including company profiles for 10 of the major companies involved in the Integrated Vehicle Health Management Market.
Some of the company’s profiled in this report include Robert Bosch, Continental, Delphi Technologies, Garrett Advancing Motion, Onstar, Vector Informatik, Harman International, Visteon Corporation, Luxoft, and Verizon. Additional companies’ active in the market includes, Kpit Technologies, Zubie, Nonda, Fixd, Gofar, Intellicar, Intangles, Autonebula, Cariq, and Others. Players/Major OEMs are offering some of the health related devices factory-fitted in their cars. One such example is Kia motors, which recently announced its few models being equipped with air purifier having capability to kill germs.
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