Motor Industry Technology Trends

Motor Industry Technology Trends
Motor Industry Technology Trends Image link: https://en.wikipedia.org/wiki/Jaguar_Cars
C O N T E N T S:

KEY TOPICS

  • We have published our fist automotive technology trends forecast in early 2016 which identified the most important factors shaping the automotive industry in the year ahead: IoT connectivity and the increasing role of software, electrification, and modularization in the car industry.(More...)
  • It is extremely important for automotive wiring harness manufacturers to remain aligned with the latest technology trends in the automotive sector.(More...)

POSSIBLY USEFUL

  • With benefits like reduced accidents, better traffic management, and increased passenger comfort, the autonomous vehicle is most definitely the cre de la cre where future automotive technology is concerned.(More...)
  • In a recent Automotive Product Development and Launch Cycles survey sponsored by Jabil, 53 percent of respondents shared that better connectivity was the primary driver of technology innovation in the industry.(More...)

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KEY TOPICS

We have published our fist automotive technology trends forecast in early 2016 which identified the most important factors shaping the automotive industry in the year ahead: IoT connectivity and the increasing role of software, electrification, and modularization in the car industry. [1] These three technology trends are transforming the automotive industry and creating the foundation for future enterprise growth. [2] Jens Woehlbier discusses the key technology trends Accenture has identified and how they relate to the future of the automotive industry. [2]

In our post titled Automotive Industry Development Trends 2017, we focused not only on automotive technology (with autonomous driving, connectivity, and electric cars still on the rise), but discussed how these technologies affect consumer behavior, as well as the automotive value stream and revenue sources for automotive developers. [1] One major automotive industry trend is the use of cloud technology. [3] It also supports the development of connected car technology, and with digital trust being a key issue, it is closely connected to the fourth trend expected to shape the auto industry in 2018. [1]

Discover the three technology trends that are enabling automotive executives to weave products and services in real-time into people?s lives to improve customer experience and generate new revenue streams. [2]

Get insight into technology trends, future predictions, project ideas, and a lot more in IoT, Telematics, Blockchain - three giants in the automotive industry. [4] These four trends will accelerate an already transforming industry, putting forth new business models, highly advanced product offerings and ground-breaking applications of technology. [5]

The leading technology trends in automotive industry are autonomous driving, Big Data, electrically powered vehicles, and blockchain technology. [6] Electrically powered cars are another technology trend in the automotive industry driven by efforts to reduce air pollution and conserve energy with China and Europe being the leading markets for e-vehicles around the world. [6] The technology trends in the automotive industry are aimed at enhancing consumer experience and safety and ameliorate the profit margins of automotive manufacturers and OEM across the world. [6] The recent trends in automotive industry reveal that the autonomous mobility technology will help make the car a platform for both passengers and drivers to utilize the time on other activities. [6] Blockchain technology is one of the latest trends in automotive industry which will redefine the strategy of pricing cars and eliminate counterfeit products from auto spare parts industry with an accurate and trusted protocol. [6] Automotive industry trends in 2018 reveal technology is transforming the market for sales of new and used cars. [6] Another automotive industry trend that has already started taking root in 2017, and will be more of a bigger deal in the years to come, is Blockchain technology. [7]

Latest trends in materials technology for motorcycles (Yamaha Motor Co., Ltd.) [8]

It is extremely important for automotive wiring harness manufacturers to remain aligned with the latest technology trends in the automotive sector. [9] Since 7-axis robots can handle more than one assembly line and tasks including packing, welding, and others by moving through the linear conveyors, many major industries such as automotive, aerospace, pharmaceutical, and consumer goods industries have added 7-axis robots into their production lines to increase their flexibility and ROI. 2018 Technology trends in Robotics Industry [10] There are several trends, tools, and companies that you should be aware of when evaluating upcoming insurance technology trends and the impacts they will have on consumers and companies alike -- and the car insurance industry at large. [11]

POSSIBLY USEFUL

With benefits like reduced accidents, better traffic management, and increased passenger comfort, the autonomous vehicle is most definitely the cre de la cre where future automotive technology is concerned. [3] As the most important automotive innovation in the last decade, autonomous technology is still the number one factor expected to shape the industry?s future. [1]

The telematics application of automotive vehicle-to-everything technology offers intelligent traffic systems, collision avoidance, parking management systems, emergency vehicle notifications, and remote monitoring and diagnostics, among other sub-applications. [12] Multiple sensors (radars, LIDARs, cameras, etc) and wireless V2V (vehicle-to-vehicle) communication over the IoT are basic pillars of self-driving automotive technology. [1] Innovation in this area is expected to bring us closer to full autonomy in the year ahead, shaping our perception of self-driving technology, and gradually changing the way we think about transport. [1] Blockchain technology is a super hot trend right now across industries - suffice it to say that it?s a cousin of bitcoin, the cryptocurrency that essentially blew up in 2017 (Forbes? reaction: "2017 Will Be Remembered As The Year Of Bitcoin"). [1] Overall, 2018 is set to be another exciting year for the automotive industry: trends that have set roots in 2017 and before will continue to shape the future of transport, while innovation will help open up new opportunities in automotive development. [1] I t's 2018, and, pathbreaking trends in the automotive industry will be setting up the stage for a lot more innovation and investments from stakeholders in the industry. [3] Technology-driven trends have always been revolutionizing the way in which automotive industry players react to the changing behavior of consumers, build partnerships, and bring about a change. [13]

Automotive experts have been talking about disruptive change in the industry for ages. [1] All the data they generate and transmit means a brand new source of revenue for automotive companies: Big Data is expected to be the next big thing in the industry. [1] Big Data enables predictive analysis, another game-changing opportunity that could fundamentally reshape the car maintenance and repair industry. [1] Industry experts have found that, over the past couple of years, emotional attachment to cars has decreased significantly. [3] Industry experts believe that blockchain will eventually enable fair pricing in the car market. [3]

While major credit goes to Local Motors for breaking barriers and launching Strati, other major names in the industry have also developed various 3D car prototypes. [3]

From 2019-2020, platoon-enabled vehicles will be bought by large fleet transport companies, helping to transform the trucking industry. [12] Considering the sheer size of this industry, we can rightly say that it has the power to continue influencing the direction in which humanity will progress in future. [13] Digital is reinventing industry as we know it, and executives need to rethink their business to gain a competitive edge. [2] This transformation is a crucial aspect of a digitally-enabled merging of social, industry, and technological forces about to ignite an outburst of innovation in the global transportation arena. [13] The global insurance industry, for example, is experiencing a profound change driven by IoT and Fintech. [12]

Industry 4.0 has transformed every aspect of automobile production, from design and operation to the servicing of physical systems. [3] Several industry experts and professionals are forecasting that electric cars will soon become more cost-effective and popular than diesel and petrol models. [13] With the dwindling non-renewable energy crisis that the world is facing, a few manufacturers are reaping the advantages of possessing leadership in the electric car industry. [13]

Its main implication for the auto industry is that it could create a trusted, accurate protocol for the automotive parts supply chain, helping remove counterfeit parts from the market. [1] The automotive industry has been confronting a lot of challenges over the last few years and one among these challenges is the increasing number of fake part sellers. [13] One of the major challenges for the automotive industry is dealing with counterfeit parts. [3]

The automotive industry is presently growing by leaps and bounds beyond the first conceptualized vehicle models that we saw in the late 19th century. [13] Partnerships are becoming more common as the automotive industry recognizes a growing need for connected ecosystems to deliver the services that customers demand. [2] With technological advancements and the upcoming automotive trends, the automotive industry is shifting its focus toward platform-based services, enhanced products for electrification, and increased level of automation. [12]

This explains the spike in sales of multi-terrain vehicles over the past few years, and the trend is expected to continue into 2018. [3]

While the technology in itself isn't new, the adoption rate of connected vehicles will rise steadily over the next five years. [3] V2X technology optimizes traffic flow, increases traffic safety, saves time, reduces emissions, and performs various functions such as intersection collision warning, obstacle detection, lane change assistance, lane departure warning, rollover warning, road departure warning, forward collision warning, rear impact warning, and safety margin for assistance vehicles. [12] Most major carmakers have announced increased focus on electric powertrains, and while it won?t fully replace traditional combustion engines in coming years, EV (electric vehicle) technology is generally expected to grow further in 2018. [1]

In addition to tech challenges, however, building confidence in this technology also takes considerable time. [1] In today?s market, components are much cheaper, technology has improved considerably, and the need to reduce CO 2 emissions is a substantial driver for the concept. [12]

IoT and connected devices have now made their way into the automotive industry. [3] Another evergreen topic, electrification in the automotive industry is expected to continue and even grow. [1] New technologies are expected to turn the auto industry upside down any minute now - and this has been so for several years. [1] Auto industry leaders must find ways to extend their infrastructures into smarter & connected environments. [2]

Since 2016, the sales of electric cars have reached close to 10 million units, which explains why stalwarts like General Motors, Daimler AG, and VW have entered this lucrative market with their own models. [3] Leading manufacturers like Volkswagen, General Motors, and Daimler AG have already entered this lucrative market. [13]

In a recent Automotive Product Development and Launch Cycles survey sponsored by Jabil, 53 percent of respondents shared that better connectivity was the primary driver of technology innovation in the industry. [14] Technology and innovation is going to drive consolidation in the industry, particularly in the supplier base. [15]

As the automotive industry continues to adapt to shifting consumer vehicle preferences, it?s imperative that manufacturers ensure they maintain production capacity to meet increased demands for trending technology. [16] Contact the professionals at GTI Spindle Technology to learn about our spindle services for the automotive industry and ensure you?re producing at peak efficiency to be ready for the future. [16]

As you?ll read in future blog posts, we?ll talk about many of the lessons learned from similar challenges in adjacent industries, highlight many of the evolving trends in automotive and what they mean for test engineers, and ultimately showcase some of the coolest successes across the industry for what "mobility" companies are doing now. [17] Autonomous driving is the hottest trend in the industry right now and almost all the major companies are working on a driverless car project. [4] This same trend will find its way into the transportation industry. [17] This report highlights North American vehicle production trends, and demonstrates that while automakers and suppliers are attracted by Mexico?s low labor rates, there are many other factors behind Mexico?s North American automotive industry growth. [18] Auto Trends offers insights on the global automotive industry to help suppliers and OEMs grow and prepare for challenges on the horizon. [15] Given here is a list of five trends that are likely to change the landscape of automotive industry in the coming years. [4]

Our industry specialists serve the business and accounting needs of the automotive suppliers who face a myriad of daily challenges. [15] Artificial Intelligence (AI) embedded in robotic process automation (RPA) has been prevalent in automotive manufacturing for years, but as AI evolves and grows more intuitive, the industry will reap additional benefit. [5] Industry experts predict that a heightened focus on analytics will increasingly impact automotive. [5]

Some automobiles already use AI for Level 3 autonomous driving, but for the industry to reach Level 5, major enhancements need to be made to the car as well as the infrastructure. [14] With industry expectations rising as automobiles become more electrified and connected, and autonomous vehicles looming on the horizon, fundamental challenges remain. [17] Industry analysts predict that the sales of private vehicles will drop in the coming years as e-hailing and other such mobility services become more affordable and reliable. [4] This creates a virtuous cycle of data that can help improve current quality, inform future product improvements, and enable the industry to deliver new services. [5] "Industry 4.0 is holistically transforming the design, manufacture, operation, and service of products and production systems through cyber physical systems. [5] Not only is IoT pushing the industry toward new data-enabled service offerings, but manufacturing are also placing sensors in the final product for performance tracking capabilities. [5]

More than 100 years later, the industry is still as robust as ever and evolving in many ways in response to technological development and consumer behavior. [4] To put that in perspective, the worldwide aerospace and defense industry accounted for 3.2 percent of R&D spending in 2017; automakers accounted for 15.5 percent. 2 The innovations resulting from that spending are changing the way consumers drive--and the face of the industry. [15] While the road ahead looks promising, there are a number of industry disrupters--technology, government regulations, personal mobility and changes in consumer expectations, to name a few--that will require careful navigation. [15]

For its part, the industry will need to take steps to make the increasing flows of data actionable for the business. [5] For the transportation industry, this will only continue to grow as our automobiles move toward Level 5 autonomy. [17] Automaker Daimler AG and industry supplier Bosch Group are teaming up to make driverless cars that they say could be on city streets at the start of the next decade. [19] With regard to electric vehicles, many OEMs are looking to isolate their IP--braking, charging, powertrain--into a single ECU and rely on the industry for "commodity" ECUs to again reduce testing burden, drive cost down, and distribute liability. [17]

With greater importance being placed on climate change, the automotive industry continues to ramp up the production of environmentally conscious vehicles. [16] With these new features come new vehicle classes and services, driving the automotive industry into a new, technology-fueled era. [16]

Where downtime in the automotive industry has been quoted at costing $20,000 a minute, routine spindle maintenance and repairs can help manufacturers avoid costly production halts and maximize their production output as auto manufacturing becomes more futuristic. [16] A true representation of shifting consumer preferences and production capabilities, the automotive industry is projected to continue transforming to normalize features that were once deemed science fiction. [16]

The past few years have witnessed the automotive industry taking huge leaps in terms of technological innovations. [20] What is the application of b lockchain in the automotive industry? Dealing with counterfeit parts is one of the significant challenges faced by the companies in the automobile industry. [20]

As technology becomes a greater component in the auto supply chain, suppliers will have to compete or work with a new set of competitors--many of them from outside the auto industry. [15] At some point, consumers may not be buying vehicles from a car dealer but from a technology company. [15] Much like smartphones that are currently equipped for accomplishing more than making calls, automobiles can do substantially more than drive and stop. Lately, the car manufacturers have worked effectively with significant technology organizations to produce the most exceptional, most comfortable and most secure cars out there. [21] Vehicle-to-Vehicle (V2V) and Vehicle-to-Infrastructure (V2I) technology allows the car to communicate with other cars and the infrastructure like traffic lights. [14] As the level of risk posed by technology and its vulnerabilities unfolds, car makers may need to turn to other industries, such as electronics and aerospace, to help build a safe, connected car. [15] By 2030, it?s estimated that over 70% of the cars sold will have self-driving features and that 15% will be fully autonomous highlighting how close we are to the commercialization of this technology. [16] There are five levels of autonomous driving technology, of which the first three levels have already been implemented in cars successfully. [4] Change is the new constant for cars, and not just the experience of using them or the technology that defines them. [17] The event has increasingly become a way for automakers to preview their developments in car technology, from production-ready to wildly speculative. [19] It is expected that all new cars on the road will have V2V technology installed by 2023 and that V2X technology will follow along shortly thereafter. [14]

This technology is still many years away from making it into a production vehicle, but Nissan says it shows the potential of combining human and artificial intelligence. [19] While not a new technology, the pervasiveness of connected vehicles will rise over the next four years." [5] V2V technology, as the name implies, allows vehicles on a road to "talk to each other" by sharing data on speed, road conditions and other factors through an ad-hoc network created among vehicles. [14]

Electric and driverless cars, the advanced state of artificial intelligence technology, increased applications of environmental sensors with onboard computer systems, and connectivity of Wi-Fi through telematics and digital platforms are revolutionizing the future of mobility. [14] Building upon technology that, for now, is confined to smartphones or smart speakers, automakers will provide artificial intelligence software in a vehicle's infotainment system that will serve as a virtual personal assistant with the ability to respond to voice commands and proactively guide drivers in collaboration with its navigation system. [14] Brain-to-Vehicle technology uses a device to imperceptibly measure brain wave activity, which is analyzed by the vehicle's autonomous systems and used to predict and eventually anticipate driver behaviors. [14] Nissan says that brain-to-vehicle technology can predict driver behavior to shorten reaction time when a driver is in control, for instance by making steering wheel turns or braking 0.2 to 0.5 second faster. [19] It is high time for a technology that uses comprehensive clean fuel drives us around. (Because in a country like India, most of the consumable electricity comes from burning coal.) [4]

We lead the way in every modern technology and help business succeed digitally. [21] With the help of blockchain technology, companies can simplify the methods to identify and remove the counterfeit parts. [20] This technology is slowly catching the attention of automobile companies. [20]

Rapid prototyping is a critical aspect of product development--especially in technology where end-to-end solutions may cost hundreds of hours of work by highly skilled experts in multiple fields. [14]

Auto manufacturers and their suppliers need to work closely with technology companies to develop the systems going into these new vehicles. [15]

With over $1.5 trillion of the industry?s growth being attributed to emerging tech and services, it?s important to understand some of the 2018 automotive production trends made possible by these advancements. [16] To maintain operational efficiency as consumer trends continue to change, it will be important for manufacturers to conduct routine spindle maintenance and repairs to avoid production halts. [16] Crossover vehicles have become very popular in the past few years and have emerged as the favorite choice of baby boomers, who continue to influence buying trends even today. [4] If the trends continue, EVs could emerge as a better alternative to fossil fuel based vehicles, with or without the subsidies. [4] In the future, I?ll delve into these trends and the impact that they?re having on the day-to-day challenge of testing the today?s vehicle designs. [17] Not all the trends that excite us today will survive the challenge of taking a bold vision into the future. [14] Let?s look at the seven most talked and written about trends that are shaping the way we will soon take to the road and handicap the future of each. [14] What factors will drive innovation in the coming year? In this edition of our Twelve Days of Digital Transformation blog series, I share my view of the top four trends driving digital innovation for the sector in 2018. [5]

Autonomous vehicles are self-driving autos that utilize different cameras, sensors, an EPS motor, laser scanners, brake actuators, and obviously enchantment, to drive by itself. [21] Six years after the worst recession since the 1930s, the American economy is demonstrating many signs of strengthening, and the auto industry is helping drive that recovery. [18] First and foremost, Artificial Intelligence (AI) and Machine Learning (ML) have an essential part in the future of the auto industry as predictive capacities are getting more predominant in autos, customizing the driving adventure. [21] This report, supported by the Alliance of Automobile Manufacturers, measures the technological nature of today?s auto industry and compares it to other sectors of the economy often viewed as technologically advanced. [18] One challenge facing OEMs and suppliers in the auto industry is the incredible speed at which connectivity solutions are changing. [15]

Jabil is a product solutions company providing comprehensive electronics design, production and product management services to global electronics and technology companies. [14]

Joe is the U.S. and Global Automotive Sector Leader within Deloitte's Consumer & Industrial Products industry business. [22] The latest trends in the automotive industry suggest that most of the leading automotive manufacturers across the world are focusing on selling cars and spare parts through their websites as e-commerce is also playing a big role in helping to influence and evolve the buying preferences of the consumers. [6] Automotive industry trends in 2018 suggest that the millennials constitute the largest segment for car buyers and the leading car manufacturers are emphasizing on understanding and studying their buying behavior to market to them more effectively. [6] The latest trends in the automotive industry have revolutionized the future of cars and driving. [6] The digital trends in the automotive industry are leading to virtual car showrooms where virtual reality plays a larger role than physical car models. [6] The digital trends in automotive industry have shown that the car dealership model is rapidly declining and online car shopping is gaining prominence at a fast rate. [6]

The recent trends in automotive industry also point out the growing importance of internet and e-commerce for new car buyers and websites are accounting for a significant portion of the total sales of new cars. [6] Trends in the automotive industry show that the car market is an ideal platform for AI development. [23] As consumers entertain more options in meeting their transportation needs, how is the industry shifting to anticipate the future? For the last nine years, this study has helped identify automotive industry consumer behaviors and trends across countries and generations. [22] The top automotive industry trends in 2018 are expected to set the benchmarks for investments and innovation for the future. [6] The global automotive industry is ready for disruptive trends owing to the high technological advancements and product innovation in the recent past. [6] The trends in automotive industry suggest a substantial decline in global levels of emission by the end of 2025. [6] The disruptive trends in the automotive industry are predicted to increase the sales of automobiles at a CAGR of over 4% for the next five years. [6] Autonomous mobility and shared riding are the recent trends in the automotive industry which are likely to gain vital traction over the course of next ten years. [6] According to a survey by Deloitte, the following trends in automotive industry are growing prominent over the past few years. [6] For more information on automotive industry trends, chat with a knowledgeable expert at your local NAPA AUTO PARTS store. [24] The automotive industry trends in 2018 highlight a fundamental change of approach of the automotive manufacturing industry towards a digital and technology-driven business process to stay afloat in the evolving market. [6] The worldwide sale of automobiles crossed 90 million at the end of 2017 witnessing many digital trends in the automotive industry. [6]

The emerging trends in automotive industry show that consumer mobility is changing and by 2030 one-tenth of all car sales will be a potential shared vehicle. [6] The emerging trends in automotive industry suggest that the car of future will be powered electrically, connected, and autonomously driven. [6] The emerging trends in automotive industry suggest that the car manufacturers are revamping their websites and creating informative and attractive content on their websites to capture the interests of car buyers online. [6]

Automotive industry trends in 2018 suggest that the future is uncertain and not predictable for many but is brimming with opportunities for growth and sustainability. [6] Though, we're living in a time that we couldn't previously imagine, and some recent automotive industry trends haven't been far from sci-fi. [24] Some of the emerging trends in the automotive industry are increased automation, digitization, and innovative business models which are reshaping the automobile manufacturing industry all over the world. [6] Global automotive trends require a new approach to OEM business models and are reshaping the traditional automotive industry structures. [23]

This trend will gain mainstream status in 2018, with many sub-$20k cars being launched with these features for the 2018 model year. [25] The challenge now is for the car and trucking industries to adapt quickly and stay on top of the evolving trends and tech that are set to alter the dynamics of the way we commute to work and transport goods across national and international borders. [26] New trends mean new concerns for consumers and additional challenges for manufacturers. [23]

Consumers can now choose from a range of EVs and hybrid cars: powerful crossovers from Jaguar and Mercedes, cars from Hyundai and Ford with almost 120-mile range, and even the speedy NIO-EP9 supercar, a competitor to the Tesla Model X. The tendency is clear: the automotive market is moving toward actual zero emissions. [23]

The automotive industry is buzzing with innovations, offering faster, smarter, and safer cars to consumers. [23] Autonomous driving is one of the most major innovations in the automotive industry for the recent times, and fully autonomous level 5 cars are expected to hit the roads by 2020. [6] Industry representatives claim that autonomous driving is way safer than having a human behind the wheel. [23]

This enables data analyzation which can detect the potential for part failures before they occur - and these innovations will dramatically transform the auto repair industry. [7] The future of the industry will also continue to be driven by driverless cars. [7] The global automotive industry is driven by the growing middle class and the car sales worldwide will continue to grow despite the rise of e-hailing and car sharing sectors. [6] The automotive industry has made huge leaps in the past few years, but flying cars are probably still a couple years out. [24] Presently, electric vehicles constitute a mere 1% of the global automotive industry, but this segment is growing rapidly at over 30% every year and will eventually dominate the market in the future. [6] Looking at the key technologies that are influencing the future of the automotive industry is key to understanding what changes to expect in 2018, and are the best way to keep yourself aware of the challenges that are yet to have a real impact. [26]

As consumer technology has become more of a mainstay in the auto industry, drivers have come to expect smartphone integration in vehicles and the touchscreens to accompany them. [24] Big Data technology is focused on using IoT to improve communication between two vehicles wirelessly, multiple sensors, radars, cameras, and LIDARs are going to enhance the safety and comfort of consumers in a major way. [6] The future of driverless vehicles will depend on consumer opinion, and right now there are still a lot of technical and moral issues that influence people?s feelings about this technology. [23] Chinese consumers appear most interested in vehicles with alternative powertrains; 61 percent would prefer a vehicle with a hybrid or some other form of alternative powertrain technology in their next vehicle. [22] Featured Insights 2018 Vehicle Tech Features Study In-vehicle technology has significantly increased in importance to vehicle shoppers over the last four years. [27] Connected vehicle technology can predict dangerous situations like accidents or slippery roads before they occur. [23] As corporations like Ford, BMW, and General Motors all spend vast amounts of money on perfecting self-driving technology, this is going to change the way that we drive. [26] As technology and environmental awareness continue to grow in influence, it?s time for every driver to consider their costs and make changes in order to maximize their potential for savings. [26]

The latest autonomous driving technology can create 3D maps of the surroundings using radar, sensors, cameras, and information from cars further down the road. [23] New smart device technology will also give these companies new ways to help you catch a ride in 2018. [24] Just as technology has integrated thoroughly into our personal and business lives, so too is it changing the ways that we think about transport. [26]

Gaining that consumer comfort level and confidence in the technology may take more time. [7] That?s due, at least in part, to the need for clarification of government regulations regarding this technology. [7]

As the automotive industry undergoes massive disruption, incumbent OEMs and Tier 1s are becoming increasingly aware that they need to adopt AI immediately to address not only the external vehicle environment but to understand the in-cabin experience as well. [28] The automotive industry stands to gain an additional 30% revenue worth $1.5 trillion with the growth of data and mobility services within the next five years. [6] It is predicted that the global share of autonomous driving will constitute almost 40% of the global road traffic by the end of 2030 and China will be one of the fastest growing markets for autonomous mobility to transform the automotive industry. [6]

From motors in the place of engines to smart devices, cars that help you drive, cars that drive more efficie ntly and even cars you just get in and go, 2018 could be a game-changing year for the automobile. [24] This technological trend not only helps minimize accidents, but also helps drivers to be more socializing during long drives with friends and family, which 93% of U S parents look forward to. [25] Interested in learning more about the importance of driver state monitoring? Access the Future of Mobility Webcast recording here, " The Future of Mobility: Trends and Opportunities for the Next Generation of Vehicles." [28]

To keep up with the times, digital technology companies from startups to giants like Tesla, Apple, Google, and Uber are continuing in the direction of self-driving electric cars. [23]

As automation and self-drive vehicle trends gain momentum, automotive electrification technology enters an evolution phase. [9] The report identifies the trends impacting global manufacturers and suppliers as: connected vehicle, autonomous vehicles, e-mobility, digital industry, new pay-per-use distribution channels, changing customer structure and the human-machine interface. [29] Whether you sell car parts online or own a dealership, it pays to know which trends are currently shaping your industry. [30] Given the widespread digitalization, increasing automation and new business models, there?s no integrated view on how the industry will look in 10 years, but the trends listed here do their best in pointing the way. [31] By analyzing your data to spot industry trends, you can stay at the forefront of the industry and be an authority in your niche. [30] Trends in the eCommerce industry have dramatically changed how online retailers approach their digital marketing strategies. [30] Whole nations are determined to eliminate fuel-burning vehicles as the automotive industry trends toward green vehicles, with Britain and France set to ban gas-powered cars by 2040. [32] New York - Seven trends in the automotive industry will drastically change the car itself and how we will create and use them between now and 2030 according to a new Oliver Wyman report titled " Future Automotive Industry Structure - FAST 2030." [29] That doesn?t mean dealerships should ignore the ride-sharing automotive industry trend and hope that it ceases to disrupt car buying. [32] Dealers have to be able to weather at least a few years of sales drought during which the automotive industry trends will absolutely be subject to tremendous change. [32] New data-driven services, strong light-weight materials and a rapidly built-out infrastructure for electric vehicles (EVs) are trends impacting the automotive industry this year. [33] Just a couple years ago, automotive industry trends for sales looked to top 20 million annually by 2018. [32] One of the major automotive industry trends this year is the death of the taxi. [32] This has been an automotive industry trend for years, but it is only growing more essential. [32] To that end, the rest of the automotive industry trends in this article are issues that dealers must adapt to, so if you are looking for ways to shape your dealership to benefit in the future, these are a great place to begin. [32] With these automotive industry trends to watch out for, dealers will be poised to make changes that will have a significant impact on their business. [32] As 2018 unfolds, the current automotive industry trends will set up a stage for more innovations and financing from the industry stakeholders. [31] Dealers need to be prepared for the automotive industry trend towards the rapid growth of electric vehicles. [32] Almost all automakers are kickstarting major electric vehicle initiative in response to this automotive industry trend. [32] It?s time to realize this automotive industry trend is not going to go away. [32] We can?t ignore that one of Tesla?s major appeals is their recognition of this auto industry trend and their decision to allow consumers to buy a car without having to experience a dealership. [32] The latest auto industry trends are creating enormous opportunities for auto suppliers at all levels. [34]

As the automotive business adapts to these industry-altering trends, suppliers can take advantage of strengthening relationships with a product cost management platform. [34] Jun 06, 2018 (Heraldkeeper via COMTEX) -- Automotive Wiring Harness Market Share, Size, Trends, And Business Opportunity Analysis Report 2018 include historic data, with forecast data to 2023. [9] Catching up on these six trends will allow you to define a strategy for your automotive business in 2018. [31] Connectivity and digitalization are the number one key trend disrupting the automotive business. [35] It is now becoming increasingly important for automotive retailers to find out what their customers are looking for and what their buying trends look like if they want to achieve long-term success. [30] MRFR also finds that demand for premium-end passenger cars has increased in recent years and the trend is likely to continue over the medium term if not beyond. [9] We saw a positive trend in the number of people who would be willing to pay for connected services in their car, with approval rates for subscription-based payment models increasing from 21 to 32 percent globally in the past year." [35]

We are industry leading providers of responsive websites, automotive website management, online marketing and SEO services. [32] Stefan Issing, the Global Industry Director for Automotive at IFS, presents his industry predictions for 2018. [33] Industry experts agree that emotional attachment to cars has decreased significantly over the past few years. [31] Perhaps at no other time since the early days of the automobile has the industry undergone such a dramatic transformation, touching all aspects of its business, from design and performance to the more recent frictionless, omnichannel approach that leads to a consumer?s decision to drive a car off the lot. [36] A July 2017 McKinsey & Company report on the car industry in China found sales of locally produced EVs would grow: "The domestic industry?s growing production share of EVs rose from 18 percent in 2016 to 23 percent in 2017, providing proof that Chinese brands may increase their presence in the EV segment as more car buyers recognize that Chinese carmakers produce acceptable EVs." [33] This third volume of the report, released every five years, with the German Association of the Automotive Industry (VDA), found global automotive value creation to rise by 30 percent by 2030 with global passenger car production also growing by 30 percent to 123 million units. [29] According to KPMG?s Global Executive Survey, executives ranked connectivity and digitalization as the #1 key disrupter for the industry until 2025, up from the #10 spot last year. [35]

Technology has exploded in the past decade and the automotive industry is riding the innovation wave. [30] Integrating electric cars with self-driving technology: Good or Bad… Automobile Our auto industry has been progressing at an impressive pace. [31] What?s clear is that technology is very much the driving force behind improvements in the auto industry. [37]

Another study by technology and strategy company Lochbridge identified an age threshold of 45 years, above which receptivity to automotive connectivity drops off. [35] Although self-driving cars are on the horizon, consumers are taking advantage of new technology accessories that have hit the market in recent years. [30] Technology is not only a requirement of their cars, it?s a part of their lifestyle. [35] Technology giants NVidia announced their plans to partner with Volkswagen to develop AI systems that will make cars smarter and offer more driver assistance. [37] In a recent JD Power study, 43% of premium brand drivers and 28% of non-premium brand drivers cite their vehicle?s latest technology features as one of the reasons they purchased their vehicle. [35] Elements such as voice, gesture, and facial recognition, technology we?re already familiar with, could find its way into our vehicles. [37] It?s clear that there is much to be done to build on the early stages of this technology, and until the driverless vehicles are safer and smarter, they won?t be taking to the roads any time soon. [37] V2V technology allows vehicles on a road to share data on speed, road conditions and other information through an instantly generated network created among vehicles. [31]

Hundreds of experts at manufacturers and suppliers around the globe as well as independent technology experts were surveyed between August 2017 and January 2018. [29] Revolutionizing every step in automobile production including design, operation, and servicing, the cloud technology enables many processes to be scaled down and simplified, eliminating the waste and reducing costs. [31]

Connected cars are the best example which will be the future in automotive industry. [33] Over the next decade, connected cars stand to inject $117 billion into the automotive industry, per Accenture and the World Economic Forum?s DTI. [36] Since the first cars rolled out in the eve of the 20th century, one thing has been constant - the automotive industry possesses a vast capacity for change. [31] There have been more disruptors to the auto industry in the last ten years than in the first 50 years after modern cars were invented, and that rate of change is not expected to lessen, in fact, change will only happen faster. [32]

Despite facing significant challenges, the automotive industry is ripe with opportunity for business owners who embrace innovation and change. [30] For the study "Future Automotive Industry Structure - FAST 2030", Oliver Wyman worked in collaboration with the VDA and its members to analyze the factors causing the transition in the automotive industry and how suppliers in particular can prepare for these changes. [29] For future success in the automotive industry, your brand must meet the needs of your customers and anticipate any future changes-- even before your audience knows what the new needs are. [30]

The auto industry is in the odd position of being both in a decline for the first time in a long time, and being poised on the brink of potentially extremely profitable change. [32]

By vehicle type, the market has been segmented into heavy motor vehicle, light motor vehicles, passenger car and other. [9] Motor Trend is a site that is designed to review cars, so you can find first drive reviews and car comparisons on the page. [38] 69 percent of people who used YouTube while buying a car were influenced by it - more than newspapers, or magazines - making this trend key to automotive marketing in 2018. [39] Automotive emission regulations adopted by major markets have started creating a strain on diesel vehicle sales, with clear declining trends in Europe, South Korea and India. [40] I am a Senior Partner in Frost & Sullivan where I head the Automotive & Transportation practice and also founder of a think tank group that works on future (Mega) trends. [40]

A common trend across all car manufacturers is the infotainment center, often found in the front console. [41]

Tire manufacturers are also looking to take CAIS technology a step further by enabling it to share information with other vehicles similarly wired, which would allow your car to anticipate actions from the car in front. [42] This technology is being used in heavy machinery and military vehicles, and may be coming soon to passenger cars, including a low-tech version with just two parts. [42] Whether you are a car dealer, auto mechanic, or providing other services in the auto industry you are aware of the constantly evolving technology and products coming out every year. [38] Europe fears it's losing autonomous race Volkswagon plans first launch of its autonomous vehicle, Sedric, in the U.S., rather than Germany, to avoid restrictions on technology that put the European auto industry at a competitive disadvantage. [43]

Political uncertainties are hovering over the industry effort, but suppliers across the industry say they're determined to keep up their push to greener vehicles. [43] Unlike past periods of innovation in the industry, the coming years will be particularly interesting because many of the changes will come from outside of the traditional workings of a car. [44] My first prediction is that in 2018 or latest by 2019, the car industry will hit a record 100 million in new car sales, three car companies will top 10 million in annual sales, and India will beat Germany to become the 4 th biggest market, globally. [40]

Stay tuned for the future has arrived. 2018 will be an exciting year for the industry. [40] Automotive News is a place where you can find the most up-to-date news on new cars on the market, new technologies that are coming to the automotive world, and concepts that are in the auto industry's pipeline for the future. [38] In 2004, Malcolm decided to create a site for auto enthusiasts to discuss cars and the automotive industry. [38] Despite challenges such as the slowdown in vehicle sales in key markets and the realignment of trade pacts, 2018 is poised to be an exciting year for the automotive industry, building on the momentum gained in 2017. [40] Make your mobile transformation easier with this guide to success, based on years of innovation in the connected automotive industry. [45]

Digital Marketing is a dynamic industry that changes very quickly. [39] Fourthly, I predict that digitization will open up new frontlines, growth opportunities and business paradigms--and this time it's the automotive industry that will be at ground zero of the digital disruption. [40]

The advent of flying cars, blockchain technology and new business models across the spectrum offered tantalising glimpses into the mobility experience of the future. [40] Not only does this technology have implications on major manufacturers and suppliers to the auto sector, but giving the cars the ability to self-drive will have an impact that extends well beyond it, as well. [44] With the increase in technology and fancy features, the price of cars is trending upward by an average of $500 since last year. [41] Here?s quick look at the technology and services that are making self-driving cars a reality. [45] Tires are part of a push to use technology to increase car safety. [42] Tire technology may not grab headlines like other car technology but tires have a dramatic effect on how your car operates. [42]

The Renault-Nissan-Mitsubishi alliance has already partnered with technology firm, The Floow, to deliver vehicle-generated data to insurance companies, enabling user-based insurance premiums. [40]

Companies like GM recognize this trend and have introduced programs like the BuyPower Card. [41] These trends can severely affect your marketing campaigns and, because of this, it?s important to understand what consumers want and how to handle your digital marketing. [39]

All of these blogs are great for individuals who work in the auto industry as well as those who like to repair and care for their own vehicles. [38] In 2017, the German auto industry tried to limit the access that third-party service providers had to data generated through the onboard diagnostics port. [40] Get 24/7 access to in-depth, authoritative coverage of the auto industry from a global team of reporters and editors covering the news that's vital to your business. [43]

RANKED SELECTED SOURCES(45 source documents arranged by frequency of occurrence in the above report)

1. (31) Automotive Industry Trends | Global Trends in Automotive Industry: 2018

2. (16) An Outlook on Automotive Tech Trends in 2018

3. (15) The Top 4 Automotive Industry Trends To Watch in 2018 Jazel Auto

4. (12) 7 Automotive Connectivity Trends Fueling the Future | IoT For All

5. (12) Top 10 Automotive Industry Trends to Watch in 2018 | Technavio

6. (10) Automotive trends to watch in 2018

7. (10) Automotive Highlights of 2017 and 2018 | Intellias Blog

8. (9) Automotive Industry Trends in 2018

9. (9) What are the Future Technology trends in automobile & Automotive industry? - Quora

10. (9) Will It Be A Smooth Drive Or A Bumpy Road For The Automotive Industry In 2018?

11. (9) FOUR Trends Driving Automotive Industry Innovation | Appian

12. (8) Top Five Emerging Trends Transforming the Automotive Industry | QuEST Global

13. (8) Current Trends in the Automotive Industry

14. (8) 6 Top trends to watch in the automotive industry

15. (7) The 3 Automotive Trends No One is Talking About (Anymore) | Electronic Design

16. (6) 6 Major Automotive Industry Trends That May Surprise You

17. (6) Technology Vision 2018 for Automotive Companies | Accenture

18. (6) 5 Automotive Industry Trends to Watch in 2018

19. (6) Automitive Industry Trends | V12Data

20. (5) How the Automotive Industry is Changing in 2018 - Wall Street

21. (5) Turbulent Times Ahead for Global Automotive Industry According to New Oliver Wyman Report

22. (5) Top Auto Industry Blog of 2018 by Broadly - Get better online reviews

23. (5) Tech Weighs Heavy On Automotive Trends In 2018 | Articles | Internet of Things | Innovation Enterprise

24. (5) Automotive Wiring Harness Market 2018 Global Industry Trends, Statistics, Size, Share, Growth Factors, Emerging Technologies, Regional Analysis, Competitive Landscape Forecast to 2023 - MarketWatch

25. (4) Top car tech trends from CES 2018

26. (4) Top Trends in the Automotive Industry 2018, Automobile Companies| Infiniti

27. (4) Top 11 Tech Trends and Solutions in the Automobile Industry

28. (4) Three game-changers in the automotive industry in 2018 - IFS Blog

29. (4) Auto Tech Trends of 2018: What Car Technology to Expect This Year

30. (4) New Automotive Tire Innovations - Car Tire Technology

31. (3) Emerging Industry Trends Archives | Center for Automotive Research

32. (3) 2018 Global Automotive Consumer Study | Deloitte US

33. (3) Top 2018 Automotive Digital Marketing Trends You Need to Know - Digital Dealer

34. (3) The Technology Driving the Latest Trends at the 2018 New York International Auto Show

35. (3) Auto Technology -- Automotive News

36. (2) 2018: 5 Automotive Trends to Watch | izmocars

37. (2) 3 AI Trends for the Automotive Industry in 2018

38. (2) Auto Industry Trends | How Product Cost Management Can Help

39. (2) How Emerging Marketing Technology Will Impact the Automotive Industry Adweek

40. (2) Infographic: The Future of Automotive Innovation

41. (2) IoT news and trends - Ericsson

42. (1) [Blog] 5 Technology Trends in the robotics Industry | Promation

43. (1) Upcoming Insurance Technology Trends

44. (1) The Economy | Top 10 Trends Impacting the Automotive Industry Today

45. (1) Latest trends in materials technology supporting automotive innovation - MarkLines Automotive Industry Portal

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