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Automotive Prognostics Market size is set to grow by USD 9.92 billion from 2024-2028, maintenance cost-saving benefits of automotive prognostics system boost the market, Technavio

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NEW YORK, June 19, 2024 /PRNewswire/ — The global automotive prognostics market size is estimated to grow by USD 9.92 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 29.12%  during the forecast period. Maintenance cost-saving benefits of automotive prognostics system is driving market growth, with a trend towards traditional automotive suppliers entering automotive telematics market. However, high costs associated with telematics services exert pressure on the adoption of prognostics system  poses a challenge. Key market players include ANSYS Inc., Bridgestone Corp., Cloudera Inc., Continental AG, Dell Technologies Inc., Digital Management LLC, Fleet Complete, Garrett Motion Inc., International Business Machines Corp., Magna International Inc., OpenText Corp., Pioneer Corp., Predii Inc., Preteckt Inc., Progress Software Corp., Ridgetop Group Inc., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Solera Holdings LLC, and VMware Inc..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Automotive Prognostics Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 29.12%

Market growth 2024-2028

USD 9925.4 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

22.62

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 39%

Key countries

US, Germany, China, UK, and Canada

Key companies profiled

ANSYS Inc., Bridgestone Corp., Cloudera Inc., Continental AG, Dell Technologies Inc., Digital Management LLC, Fleet Complete, Garrett Motion Inc., International Business Machines Corp., Magna International Inc., OpenText Corp., Pioneer Corp., Predii Inc., Preteckt Inc., Progress Software Corp., Ridgetop Group Inc., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Solera Holdings LLC, and VMware Inc.

Market Driver

Traditional automotive suppliers, such as Bosch and Continental, are expanding into the telematics domain to offer advanced diagnostics and prognostics capabilities. This shift towards value-added services allows them to enhance vehicle performance and safety while staying competitive in the connected vehicle market. By integrating telematics, these suppliers are driving the growth of the automotive prognostics market during the forecast period. 

The Automotive Prognostics Market is experiencing significant growth due to the increasing adoption of predictive maintenance in the automotive industry. Vehicles equipped with diagnostic systems and sensors are enabling prognostics, allowing for early detection and prevention of vehicle failures. Prognostics systems use vehicle data to predict component failures, reducing downtime and maintenance costs. The market is driven by the need for improved vehicle safety and efficiency, as well as the increasing availability of connected vehicles. Additionally, the use of machine learning and artificial intelligence in prognostics is trending, providing more accurate and reliable predictions. Overall, the market for automotive prognostics is poised for continued growth in the coming years. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

The automotive prognostics market involves initial setup costs, including licensing fees, installation, customization, and integration with existing vehicle systems. Ongoing subscription fees and hidden charges, such as roaming fees, add to the overall cost. High automobile-embedded telematics prices, driven by additional features, challenge manufacturers to maintain low monthly fees. To keep profits high, some manufacturers offer low-cost solutions, impacting the adoption of embedded telematics and automotive prognostics systems. The development of alternative, low-cost telematics solutions may pose challenges to the market during the forecast period.The Automotive Prognostics Market faces several challenges in implementing predictive maintenance solutions. One challenge is the complexity of vehicle systems, requiring advanced sensors and analytics to identify potential issues. Another challenge is data management, as large amounts of data must be collected, processed, and analyzed in real-time. Additionally, cybersecurity is a concern, as vehicle systems become increasingly connected and vulnerable to attacks. Furthermore, cost and regulatory compliance are also challenges, as implementing prognostics technology can be expensive and requires adherence to various industry standards. Finally, the integration of predictive maintenance with other vehicle systems, such as telematics and diagnostics, can be complex and require coordination between multiple stakeholders.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This automotive prognostics market report extensively covers market segmentation by  

Application 1.1 Passenger cars1.2 Commercial vehiclesEnd-user 2.1 Aftermarket2.2 OEMsGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Passenger cars-  The Automotive Prognostics Market refers to the use of predictive analytics in the automotive industry to identify and address potential issues before they cause vehicle downtime. This market is driven by the increasing demand for vehicle reliability and safety, as well as the growing trend towards connected and autonomous vehicles. Companies in this market provide solutions for predictive maintenance, diagnostics, and condition monitoring, helping automakers and fleet operators reduce costs and improve efficiency.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Automotive Prognostics Market encompasses advanced solutions for predicting component failures in passenger vehicles and commercial fleets. These systems utilize real-time insights from sensors to calculate failure probabilities, enabling preventive maintenance and predictive diagnostics. Owners of hatchbacks and other passenger vehicles, as well as fleet operators, benefit from these solutions by extending the lifespan of their automotive systems and reducing air pollution from unnecessary emissions. Automotive OEMs and aftermarket providers offer vehicle diagnostics and prognostics solutions to help prevent failures in internal combustion engines and other critical systems, such as ABS production. Telematics services play a crucial role in providing real-time data for prognostics applications, enhancing systems operation and optimizing maintenance schedules.

Market Research Overview

The Automotive Prognostics Market refers to the industry focused on predictive maintenance and failure prevention in the automotive sector. This market utilizes various technologies such as machine learning, artificial intelligence, and sensor data analysis to identify potential issues before they become critical. The goal is to enhance vehicle reliability, reduce downtime, and improve overall operational efficiency. Components involved include vehicle sensors, communication networks, and data analytics tools. Applications span across passenger cars, commercial vehicles, and electric vehicles. The market is expected to grow significantly due to increasing vehicle complexity, rising demand for connected vehicles, and stringent regulations on vehicle safety and emissions.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationPassenger CarsCommercial VehiclesEnd-userAftermarketOEMsGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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BC Token Hits $0.02, Setting a New All-Time High

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$BC has risen nearly 70% since April as BC Engine continues to expand the token‘s utility across the BC.GAME ecosystem

BELIZE CITY, Belize, July 22, 2026 /PRNewswire/ — BC Token ($BC), the ecosystem token of BC.GAME, reached $0.02 on July 23, setting a new all-time high and extending its recent upward price movement.

According to CoinGecko, $BC reached the $0.02 milestone after moving steadily into a higher price range over the past several weeks. The token previously recorded a high of around $0.01561 on July 17 before continuing its upward movement.

Compared with its price of approximately $0.01181 on April 12, $BC has increased by nearly 70%. The latest milestone is also part of a series of new price records reached by the token since the launch of BC Engine in April.

Alongside the price growth, BC.GAME has continued to expand the practical use of $BC across its platform ecosystem.

Through BC Engine, users can allocate eligible $BC to the platform’s reward system and receive BCD rewards distributed on an hourly basis. Users can also view their allocated tokens, accumulated rewards and participation data directly through the BC Engine interface.

The system is designed to connect $BC participation with activity generated by products and partners across the wider BC.GAME ecosystem.

BC Originals, Croco Gaming and sports betting technology provider BETBY have already been integrated as Engine Nodes. Contributions from participating products and partners help support the BC Engine reward pool, creating a direct connection between platform activity, user participation and token utility.

“Reaching $0.02 is an important milestone for $BC, but price is only one part of the ecosystem’s continued development,” a BC.GAME spokesperson said. “Our focus remains on expanding the token‘s practical uses and connecting it more closely with products, rewards and user participation across the platform.”

The $BC ecosystem also includes separate buyback and token-burning mechanisms.

A portion of the tokens acquired through BC.GAME’s ongoing buyback activity may be redistributed to eligible active users through features such as Instant Bonus. The buyback programme operates separately from the token-burning mechanism.

Token burning is primarily connected to the BC Engine unlocking process. When users unlock $BC less than seven days after allocating it to BC Engine, 1% of the unlocked amount is permanently burned. Users who wait at least seven days can unlock the full amount without triggering a burn.

BC.GAME plans to introduce additional products and Engine Nodes while continuing to improve the visibility of reward distributions, token burns and other related on-chain activity.

The platform will also explore further uses for $BC across original games, sports betting and digital-asset reward experiences as the ecosystem continues to develop.

More information about BC Engine and the $BC ecosystem is available at bc.game/bc.

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SOURCE BC.GAME

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BinBase Enhances 2026 USA BIN Intelligence for Durbin Compliance, Debit Network Routing, and Level 2/3 Interchange Savings

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BinBase updates its US payment dataset with advanced Durbin Regulation flags, ATM/Debit network routing indicators, and Level 2/3 commercial card markers to help merchants significantly reduce processing fees.

MIAMI, July 22, 2026 /PRNewswire-PRWeb/ — BinBase, a leading provider of card issuing and payment analytics data, has announced major US-focused updates to its 2026 BIN Database. Designed specifically for payment facilitators (PayFacs), US acquiring banks, and enterprise e-commerce merchants, the updated dataset targets one of the largest operational costs in payment processing: transaction interchange fees.

In the competitive US payment ecosystem, a fraction of a percent in interchange savings translates to millions of dollars for merchants. BinBase provides the exact data needed for dynamic cost-optimizing routing.

Processing credit and debit cards in the United States requires navigating complex regulatory framework and network rules. A critical element is the Durbin Amendment, which caps interchange fees on debit cards issued by regulated US banks (institutions with $10 billion or more in assets). Without precise, updated BIN-level data, payment gateways frequently misidentify unregulated cards, leading to suboptimal routing and higher processing fees.

The updated BinBase dataset addresses this challenge by providing dedicated attributes for US processing optimization:

Durbin Regulation Identification: Instant Y/N status markers allowing payment gateways to dynamically detect US regulated debit cards and apply appropriate cost structures.US Debit & ATM Network Routing: Granular routing indicators for major US PIN-debit and PINless networks, including STAR, NYCE, Pulse, and Accel, empowering payment routing engines to choose the most cost-effective path.Commercial Data Eligibility (Level 2 / Level 3): Precise identification of corporate, business, and purchasing cards eligible for Level 2/3 line-item processing, helping B2B merchants lower interchange rates on corporate transactions.Personal vs. Commercial Usage Classification: Clear distinction between consumer and corporate card ranges to prevent fee misclassification at checkout.

“In the competitive US payment ecosystem, a fraction of a percent in interchange savings translates to millions of dollars annually for high-volume merchants,” said a spokesperson for Damiko Inc. “By combining Durbin status with US debit network data and extended 8-to-11-digit precision, BinBase provides payment engineers with the exact surgical data needed to build smart, cost-optimizing routing engines.”

To evaluate the US-specific data attributes and test integration compatibility, developers can inspect the schema and download the free 2026 sample dataset on GitHub.

For complete commercial licensing, custom data exports, and enterprise integration details, visit BinBase at https://binbase.com.

About Damiko Inc

Damiko Inc is a US-based fintech data provider specializing in card issuer analytics, payment routing data, and global BIN database solutions. Operating through its flagship product, BinBase.com, the company supplies high-precision transaction intelligence to help merchants and payment facilitators worldwide optimize approval rates and mitigate processing fees.

Media Contact
Fedor Lavrikoff, BinBase, 1 7866133333, sales@binbase.com, www.binbase.com

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SOURCE BinBase

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InfiMotion Technology Makes Public Debut, Showcasing Full-Stack E‑Drive Capabilities at Wuxi Event

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WUXI, China, July 22, 2026 /PRNewswire/ — InfiMotion Technology (InfiMotion), a global innovator in intelligent e‑drive systems, hosted a technology showcase event in Wuxi on July 16, marking its first public appearance as an independent supplier to the global automotive industry. The event demonstrated the company’s end‑to‑end capabilities spanning global R&D, extreme validation, and micron‑precision manufacturing – solidifying its position as a rising force in the new‑energy vehicle (NEV) drivetrain sector.

“Let the world know InfiMotion” said Joe Lin, CEO of InfiMotion Technology. “We have spent years perfecting our e‑drive technology for leading global automakers, and we are now ready to stand on our own as a trusted partner for the wider market.”

Cloud-Synced Global R&D: Engineering Without Borders

InfiMotion’s R&D network spans Wuxi, Shanghai, Ningbo, Hangzhou, and Gothenburg, with over 1,000 engineers – including a Swedish team of over 100 people – collaborating in real time via the cloud. This global footprint is built around real-world extremes: high-load endurance on European autobahns, Nordic cold starts, and tropical full-load operation in Southeast Asia – scenarios that directly shape InfiMotion’s globalization DNA.

A Track Record of Industry “Firsts”

InfiMotion’s technical pedigree speaks for itself:

2021: Pioneered China’s first self-developed 400V SiC EDU for ZEEKR 001.2024: Launched the world’s first 11-in-1 domain-controlled EDU, achieving over 90% CLTC efficiency on a 400V IGBT platform.2025: Released the world’s first mass-produced magnesium-aluminum alloy dual-motor EDU and the world’s first 900V high-performance magnesium-alloy coaxial EDU – delivering 5,200 Nm peak torque at just 77 kg net weight.

The company has also pioneered Umini-pin winding, 0.2mm ultra-thin silicon steel laminations, embedded and three-level PCM technologies, and is leading the formulation of industry standards for amorphous alloy materials.

Tested to the Extreme – Certified for Global Trust

InfiMotion adheres to ASPICE Level 3 processes and ASIL-D (ISO 26262) certification. Its validation system includes temperature cycling from -60°C to 140°C, 1,500-hour salt-spray tests, and 2,500-hour comprehensive endurance runs – with over 9,000 individual test items required for one European premium brand. The company’s CNAS-accredited testing center houses the world’s first 30,000 rpm motor test bench.

Manufacturing at Micron-Level Precision

InfiMotion operates five smart manufacturing bases across China (Wuxi, Hangzhou, Ningbo, Quzhou, and Jiaxing), with motor line automation reaching 95%. SMT accuracy is held to ±25μm, measurement instruments resolve down to 0.1μm, and an AI-driven visual inspection system detects defects as small as 20μm.

From Wuxi to the World

Today, InfiMotion supplies e-drive systems across the full voltage spectrum (400V–900V) for all vehicle classes, from A0 to supercars. Its global network spans China, Europe, and Malaysia, with vertical integration from key components to complete system. In the first half of 2026, the company ranked among China’s top three suppliers for both motor and inverter shipments, with volume production already serving Geely, Volvo, and JLR.

The InfiMotion Era Has Just Begun

As the global NEV industry undergoes profound transformation, InfiMotion remains committed to full-stack in-house R&D, global collaborative synergy, and open-win partnerships – delivering proven, traceable, and mass-producible Chinese e-drive solutions to the world.

About InfiMotion Technology

InfiMotion Technology is a global leader in the R&D and manufacturing of advanced electric drive systems and components for new energy vehicles. Committed to innovation, performance, and sustainability, InfiMotion provides comprehensive solutions empowering automakers to create the next generation of efficient, powerful, and intelligent electric vehicles.

For more information, please visit: www.infimotion.com

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