An automotive condition monitoring system (CMS) is an on-board defect detecting system incorporated in vehicles, which identifies faulty vehicle condition and instantly alerts the driver of critical circumstances. It monitors and provides information such as engine diagnostics, vehicle mechanical complication, water level, fuel status, and other major data. Increase in technological advancements in the field of active and passive safety system for vehicles is anticipated to be a key factor that is likely to drive the automotive condition monitoring system market during the forecast period. The automotive condition monitoring system offers a modern diagnostic approach for vehicle mechatronic systems, which ensure real-time vehicle safety from severe damages by alerting the driver of the vehicle situation.
The global automotive condition monitoring system market can be segmented based on component, vehicle, sales channel, and region. Based on component, the automotive condition monitoring system market can be classified into control unit, sensors, display module, and others. In terms of vehicle, the automotive condition monitoring system market can be segregated into passenger vehicles and commercial vehicles. The passenger vehicles segment dominated the market and is expected to maintain its dominance during the forecast period.
In terms of geography, the automotive condition monitoring system market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe held a prominent share of the global automotive condition monitoring system market. This is due to high rate of adoption of active safety systems and inclination toward ADAS in the region, especially in Germany, the U.K., France, Italy, Spain, and the Netherlands.

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