Passenger vehicle maintenance in Europe and North America has witnessed a transformative shift in the last decade from a traditional reactive approach to one that is proactive, focusing on predictive and preventive solutions. This shift can largely be attributed to the increased adoption of connectivity features in vehicles. Connected vehicles can transfer real-time vehicle data to diagnostic devices or a cloud platform for predicting component behavior, conducting failure analyses, and communicating corresponding insights back to the car or customer for maintenance or service action. The need for preventive maintenance solutions is underscored by their capacity to prevent critical failures, reduce vehicle downtime, enhance safety, and extend component lifetime. This study identifies the factors driving and restraining growth in this space. It also highlights the opportunities emerging from the changes in this industry for market players and stakeholders to leverage. The base year is 2022, and the forecast period is from 2023 to 2030.
Key Issues Addressed
- How has passenger vehicle preventive maintenance evolved over the years?
- What are the effects of prognostics? What are some of the use cases for stakeholders such as original equipment manufacturers (OEMs), tier suppliers, and solution providers?
- What solutions do different preventive maintenance providers offer? What are their business strategies?
- What are the growth opportunities available for prognostic solution providers? What are the strategies they must adopt?
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Preventive Maintenance Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Research Scope
Overview of Passenger Vehicle Maintenance Market Segmentation
Key Competitors
Growth Metrics for Connected Vehicles
Growth Drivers
Growth Restraints
Forecast Assumptions
Connected Vehicle Sales by Regions
Connected Vehicle Penetration by Region
2023 Regional Analysis—NA
2023 Regional Analysis—Europe
Prognostics Solutions’ Packaging and Pricing Strategy
Competitive Environment
Definitions
Comparison of Reactive and Proactive Vehicle Maintenance
Comparison of Reactive and Proactive Vehicle Maintenance (continued)
Evolution of Vehicle Maintenance to Prognostics
Traditional Reactive Maintenance Ecosystem
Proactive Preventive Maintenance Ecosystem
Preventive Maintenance for CASE Mobility
Data Sources for Vehicle Health Monitoring and Preventive Maintenance
Data Sources for Vehicle Health Monitoring and Preventive Maintenance (continued)
Notable Connected Vehicle Regulations and Mandates—A Snapshot
SAE International’s Categorization of IVHM Capability Matrix
SAE International’s Capability Levels for IVHM
Preventive Maintenance Ecosystem
Bosch Prognostics for Connected Cars
HARMAN and proteanTecs Solution for Predictive and Preventive Maintenance
KPIT Predictive Maintenance Using RUL Methodology
Garett’s Advanced Diagnostics and Prognostics for Connected Cars
Use Case 1—Intelligent Tire Asset Management Using Prognostics
Use Case 1—Intelligent Tire Asset Management Using Prognostics (continued)
Use Case 2—Predictive Maintenance for Battery Management in EVs
Preventive Maintenance Insights From Select Solution Providers
Business Models that Vehicle Preventive Maintenance Solution Providers Have Adopted
Preventive Maintenance Stakeholder Analysis
Preventive Maintenance Stakeholder Analysis (continued)
SWOT Analysis for Preventive Vehicle Maintenance
Challenges in Adopting Preventive Maintenance
BMW Preventive Maintenance Insights
Maintenance and Health Insights offered by Other OEMs
Growth Opportunity 1—Connected Vehicle Services
Growth Opportunity 1—Connected Vehicle Services (continued)
Growth Opportunity 2—Data Monetization
Growth Opportunity 2—Data Monetization (continued)
Growth Opportunity 3—CASE Mobility
Growth Opportunity 3—CASE Mobility (continued)
The Last Word
Your Next Steps
Why Frost, Why Now?
List of Exhibits
List of Exhibits (continued)
Legal Disclaimer
- Connected Vehicles Installed Base: Growth Metrics, NA & Europe, 2022
- Preventive Maintenance: Growth Drivers, Europe & NA, 2023–2030
- Preventive Maintenance: Growth Restraints, Europe & NA, 2023–2030
- Connected Vehicles: Installed Base, NA & Europe, 2022, 2023, and 2030
- Connected Vehicles: Connectivity Penetration, NA & Europe, 2023
- Connected Vehicles: Connectivity Penetration, NA & Europe, 2030
- Connected Vehicles: Market Growth, NA, 2022 and 2023
- Connected Vehicles: Sales by Connectivity Type, 2022, 2026, 2030
- Connected Vehicles: Market Growth, Europe, 2022 and 2023
- Preventive Maintenance: Competitive Environment, Europe & NA, 2022
- Preventive Maintenance: Comparison of Maintenance Types, Europe & NA, 2023
- Preventive Maintenance: Evolution of Vehicle Maintenance, Europe & NA, 2023
- Reactive Maintenance: Overview of Ecosystem, Europe & NA, 2023
- Proactive Maintenance: Overview of Ecosystem, Europe & NA, 2023
- Connected Car Platforms: Data Sources for IVHM, Europe & NA, 2023
- Connected Car Data: Data Sources for IVHM, Europe & NA, 2023
- Connected Cars: Notable Regulations, Europe & NA, 2023
- Preventive Maintenance: SAE Categorization of IVHM, Global, 2023
- Preventive Maintenance: Use Cases, Intelligent Tire Management, Europe & NA, 2023
- Predictive Maintenance: Use Cases, Intelligent Battery Management, Europe & NA, 2023
- Preventive Maintenance: Other Solution Providers, Europe & NA, 2023
- Preventive Maintenance: Business Models, Europe & NA, 2023
- Preventive Maintenance: Stakeholder Analysis, Europe & NA, 2023
- Preventive Maintenance: SWOT Analysis, Europe & NA, 2023
- Preventive Maintenance: Challenges & Impact, Europe & NA, 2023
- Preventive Maintenance: Connectivity App Insights, Europe & NA, 2023
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Key Issues Addressed
- How has passenger vehicle preventive maintenance evolved over the years?
- What are the effects of prognostics? What are some of the use cases for stakeholders such as original equipment manufacturers (OEMs), tier suppliers, and solution providers?
- What solutions do different preventive maintenance providers offer? What are their business strategies?
- What are the growth opportunities available for prognostic solution providers? What are the strategies they must adopt?
| Deliverable Type | Market Research |
|---|---|
| Author | Deexeta Mohan Kumar |
| Industries | Automotive |
| No Index | No |
| Is Prebook | No |
| Keyword 1 | Vehicle Predictive Maintenance |
| Keyword 2 | Passenger Vehicle Industry Analysis |
| Keyword 3 | Vehicle Health Monitoring |
| List of Charts and Figures | Connected Vehicles Installed Base: Growth Metrics, NA & Europe, 2022~ Preventive Maintenance: Growth Drivers, Europe & NA, 2023–2030~ Preventive Maintenance: Growth Restraints, Europe & NA, 2023–2030~ Connected Vehicles: Installed Base, NA & Europe, 2022, 2023, and 2030~ Connected Vehicles: Connectivity Penetration, NA & Europe, 2023~ Connected Vehicles: Connectivity Penetration, NA & Europe, 2030~ Connected Vehicles: Market Growth, NA, 2022 and 2023~ Connected Vehicles: Sales by Connectivity Type, 2022, 2026, 2030~ Connected Vehicles: Market Growth, Europe, 2022 and 2023~ Preventive Maintenance: Competitive Environment, Europe & NA, 2022~ Preventive Maintenance: Comparison of Maintenance Types, Europe & NA, 2023~ Preventive Maintenance: Evolution of Vehicle Maintenance, Europe & NA, 2023~ Reactive Maintenance: Overview of Ecosystem, Europe & NA, 2023~ Proactive Maintenance: Overview of Ecosystem, Europe & NA, 2023~ Connected Car Platforms: Data Sources for IVHM, Europe & NA, 2023~ Connected Car Data: Data Sources for IVHM, Europe & NA, 2023~ Connected Cars: Notable Regulations, Europe & NA, 2023~ Preventive Maintenance: SAE Categorization of IVHM, Global, 2023~ Preventive Maintenance: Use Cases, Intelligent Tire Management, Europe & NA, 2023~ Predictive Maintenance: Use Cases, Intelligent Battery Management, Europe & NA, 2023~ Preventive Maintenance: Other Solution Providers, Europe & NA, 2023~ Preventive Maintenance: Business Models, Europe & NA, 2023~ Preventive Maintenance: Stakeholder Analysis, Europe & NA, 2023~ Preventive Maintenance: SWOT Analysis, Europe & NA, 2023~ Preventive Maintenance: Challenges & Impact, Europe & NA, 2023~ Preventive Maintenance: Connectivity App Insights, Europe & NA, 2023~ |
| Podcast | No |
| WIP Number | PF3C-01-00-00-00 |
Predictive and Preventive Maintenance in Passenger Vehicles—An Overview
Transformative Mega Trends in CASE Vehicles Fuel the Need for Integrated Preventive Maintenance
19-Oct-2023
North America
Market Research
