Frequently asked questions
The COVID-19 outbreak has negatively affected the global automotive predictive diagnostics industry. Several vehicle and component manufacturing facilities around the globe were temporarily shut down, causing disruptions in the supply chain. On the other hand, the automotive sector has begun to recover slightly and is anticipated to continue throughout the forecast period.
In 2022, North America held the largest revenue share of the global automotive predictive diagnostics market.
The robust growth of the global automotive industry, the rise in demand for Internet of Things (IoT) technology, and the high demand for vehicle safety features are the main factors propelling the automotive predictive diagnostics market.
The commercial vehicles segment had a major global market share in 2022.
The ADAS segment had a major share in the global market.