Portland, OR -- (SBWIRE) -- 06/01/2018 -- Prognostics systems predict the time at which a component or system will no longer meet its desired performance. Hence, the prognostic system informs the user of the remaining useful life (RUL) of the component.

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The analysts forecast the global automotive prognostics market to grow at a CAGR of 88.34% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the global automotive prognostics market for 2018-2022. To calculate the market size, the report considers the revenue generated from the automotive prognostics.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Global Automotive Prognostics Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Covisint *
- DataRPM
- Hortonworks
- National Instruments
- OnStar
- Pivotal Software

Market driver
- Booming connected car market driving predictive maintenance demand
- For a full, detailed list, view our report

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Market challenge
- High cost associated with fleet tracking hinders prognostic system adoption
- For a full, detailed list, view our report

Market trend
- Growing popularity of prognostics increasing the number of patents
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2022 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?