June 9, 2020

Automotive Predictive Maintenance Market

The Global Automotive Predictive Maintenance Market is estimated to grow at a CAGR of ~29% during the forecast period 2019-2027. As per the detailed market analysis, the global marketplace is estimated to reach ~$2.7 billion by the end of the year 2027.

Automotive predictive maintenance finds wide applications in structural stability, transmission function, exhaust systems and engine performance to optimize engine performance as it monitors fuel consumption, predicts ambient conditions and other performances. It is majorly depend upon large amounts of data which is collected by sensors installed in vehicles, which is processed and analysed using intelligent algorithms.

Read more…https://www.marketwatch.com/press-release/automotive-predictive-maintenance-market-2020-global-outlook-key-players-size-share-growth-opportunity-and-forecast-to-2027-2020-06-07?tesla=y