Technology is significantly advancing for vehicles. Automotive 2030 north america t127 the current rapid rate of innovation in the automotive industry is primarily fueled by the need to improve fuel economy and reduce emissions, increase use of electronics for infotainment and safety, and global development. For the automotive sector, these forces are giving rise to four disruptive technologydriven trends. The comprehensive and rapid reorganisation of the automotive sector after 2025 will have farreaching consequences for the entire industry and its value chains. Despite market fragmentation and new modes of mobility, automotive industry revenue sources are expected to increase by about 30% by 2030, representing nearly 4. Highly customised, very interactive, entertaining futurist presentations, every industry, 50 nations. Five trends that will reshape the auto industry by 2030. This is an executive summary of our analysis of the future of automotive retail, where we discuss the key forces at play and steps that stakeholders in this ecosystem should take to meet the needs of customers, and remain relevant and competitive. Key longterm trends are underway in the automotive industry. Oct 12, 2017 over the past few months, we have been diving deep into the consumer retail and auto industry to tease out signals and trends that could ultimately have significant impact. Global sales of passenger cars are forecast to fall to 59. Europe, north america and japan are renewal automotive markets, while others such as india are experiencing strong growth. Entertainment and media market,share, industry trends.
United states automotive lightweighting insights 2018 key. Driverless cars are disrupting the automotive industry and supply chain, propelling car sharing forward as the ultimate, mainstream transportation mode. The automotive industry is not typically known for being flexible. The automotive industry is a key pillar of the global economy, a main driver of macroeconomic growth and technological advancement in developing and developed countries. New 2020 automotive aftermarket trends you should know. Analysis and selection of key trends affecting the automotive sector analysis of possible scenarios for specific key trends finding consensus on the industry outlook by 2030 most probable scenario building a vision for 2030 most recommended scenario. Future of the automotive industry auto trends cars.
Vision digitised automotive industry 2030 request pdf. Auto industry has started witnessing new trends, and they are soon going to transform the face of this sector. Revenue automotive industry worldwide 20172030 revenue of leading car manufacturers worldwide 2019 the leading global automotive suppliers based on revenue 2019. It is projected that the global automotive industry will grow to just under nine trillion u. In this study, we describe the factors influencing the sector leading up to 2030 in the key us, europe, and china markets. Through mathematical modeling of key performance indicators and demographic trends, the paper discusses. Automakers that are willing to think freshly about their markets and their business models will be in a position to benefit from the greatest wave of expansion that the industry has ever seen. Jan 11, 2016 vision 2030 why the automotive industry will undergo dramatic change in the next 15 years. Is this where future of automotive industry is heading.
Three dimensions of development in value creation an overview. Our international team of automotive market experts tracks the industry day in, day out. Request pdf vision digitised automotive industry 2030 new framework conditions. Tagged automotive 2030 north america, automotive industry megatrends, bruce morey, sae international. Top 6 digital transformation trends in the automotive industry. Mr morey has published articles have covered computer simulation in support of engine development, future fuels, fuel cell vehicles, manufacturing, automotive engineering and product development. Were likely to see the fall of an automotive giant, the near extinction of a car segment that has long defined the popular vision of the automotive industry, a. To date regulation, incumbency and cost has protected the industry from extreme disruption. Miller global automotive and transportation sector leader, ey.
The digital transformation of the automotive industry pp. To glimpse into the future, the ibm institute for business value ibv conducted the automotive 2030 consumer survey with 11,566 consumer respondents, as well as the automotive 2030 executive survey with 1,500 automotive executive respondents. The key us automotive lightweighting insights, forecast to 2030 report has been added to s offering the. The challenge to 2030 is to get strategies right and understanding how the world is changing is an important prerequisite to success. Press release entertainment and media market,share, industry trends, development, revenue, demand and forecast to 2030 published.
Marketsandmarkets has identified some of the key automotive industry trends for 2018 and beyond. It also describes how the automotive industry should restructure itself in terms of volume, scale, and complexity. Top 2018 trends of renewable energy for the automotive industry. Learn the latest automotive aftermarket trends for 2020, with our interpretation and analysis. The best years of the auto industry are still to come. Top 2018 trends of renewable energy for the automotive.
Global automotive telematics industry forecast, 20202030. The 2020 global automotive consumer study provides insights into how consumer opinion about these disruptive technologies may affect the future of the automotive industry and where automakers are investing to bring these advanced features to market. That knowledge and experience fuels our creative thought we ask why, what if and where next to deliver actionable insights you can start using immediately. We also look at the impact of coronavirus and covid19 on the auto industry. See this video and find out how the assembly plant of the future will look like. Were likely to see the fall of an automotive giant, the near extinction of a car segment that has long defined the popular vision of. Ranked one of 20 most influential business thinkers alive. What automobile industry trends and disruptive technologies will drive the automotive industry in the year ahead. Automotive and mobility insights our latest thinking. To assess the impact of those key trends, we have conducted a 360degree study. The key us automotive lightweighting insights, forecast to 2030 report has been added to s offering the aim of this study is to. How automotive industry trends and new technologies require new skill set.
We believe the disruptive technologydriven trends have the potential to fundamentally change the rela. There will be a major transformation over the next decade. Mintel reports store the first place to look to understand markets and consumers, enabling you to. Globale automobile trends ausblick 2020 fh joanneum. Can toll free call 18005268630 for gmt office hours. Explore the data and insights from the 11th year of deloittes global automotive consumer study fielded in fall 2019 and discover how 35,000 consumers in 20 countries are feeling about autonomy, electric and connected vehicles, ridesharing, and more. The motor vehicle manufacturing industry, which is 100 years old, is only now emerging from its infancy.
V2x market for automotive global forecast to 2025 automotive artificial intelligence market global forecast to 2025 vehicle electrification market global forecast to 2022 connected truck market global forecast to 2022. Today, as digital transformation penetrates the automotive sector more and more deeply, cars are fast on the way to becoming tech accessories. Mintel reports store the first place to look to understand markets and consumers, enabling you to make better decisions faster. Outlook on the value structure of the automotive industry in 2030. Current trends in the automotive industry like automated driving. Success in 2030 will require automotive players to shift to a continuous process of anticipating new market trends, exploring alternatives and complements to the traditional business model, and exploring new mobility business. The book is written for executives, decisionmakers, managers, and academics who need a longrange view of the trends that will influence the automotive market in north america for the next 20 years. The internet of things iot has led to a wave of connectivity that. Have a look at seven such trends on which auto industrys future will depend. What automotive trends do you foresee in the future. Automotive revolution perspective towards 2030 mckinsey. How the automotive revolution will impact production the demand for shared mobility will rise by at least 30% in europe in asia and the us even higher.
To compliment that research, we decided to venture into an adjacent market to perform highlevel research for the consumer auto part repair industry. The automotive industry prospects for emerging economies evolution and challenges of the automotive industry in brazil contribution to the debate. Many predictions about the automotive industry in 2030. The automotive industry is a key pillar of the global economy, a main driver of macroeconomic growth and technological advancement in developing and. By 2030, vehicle production will have split between massmarket, largely nofrills cars on demand that will be rented journeybyjourney and more customized vehicles for those who still want to drive, or be driven in, their own vehicle. Published on january 11, 2016 january 11, 2016 470 likes 96 comments. Vision 2030 why the automotive industry will undergo. Explore bcgs latest publications on automotive and mobility to chart the course for. There are many key trends which will impact automotive manufacturers, wholesalers, retailers, customers and drivers over the next decade. Cities are becoming huge metropolises, like mumbai, where there. Vision 2030 why the automotive industry will undergo dramatic change in the next 15 years.
Automotive industry gear 2030 european economic and. Disruptive trends that will transform the automotive industry. Automotive industry current and longterm future outlook. Browse the following automotive industry reports by the research firm marketsandmarkets. Viewpoints prism reports books videos events press.
The convergence of three major trends urbanisation, collectivism, and intelligent technology will transform the automotive industry in time. Eight disruptive trends shaping the auto industry of 2030. The methodology behind automotive revolution perspective towards 2030. May 02, 2018 marketsandmarkets has identified some of the key automotive industry trends for 2018 and beyond. Abi research predicts 400 million people to rely on robotic car sharing by 2030. Is a very mature, conservative industry dominated by regulation safety, regulation emissions optional and now fuel efficiency, customer preferences, while meeting strict cost and price constraints. New car sharing economy disrupts automotive industry. Tv or other appliances were left on, and downloads the audio book you listened to earlier.
Disruptive trends that will transform the auto industry. This report discusses how electrification, autonomous cars, urban mobility, connectivity, and emerging markets are set to change the industry forever. But in our view, growth in the personal mobility market will accelerate as new sources of recurring revenues supplement slowing growth from onetime vehicle sales. These have been classified into automotive ubi, v2g, vehicle as hub concept, mild hybrid, in vehicle health monitoring, and truck platooning. For more details on these emerging automotive industry trends, download the full report. Despite a shift toward shared mobility, vehicle unit sales will continue to grow, but likely at a lower rate of about 2 percent per year. Emerging economies and the global automotive industry policies between import substitution, global supply chains and the emergence of concepts of new mobility rudolf traubmerz 8 part i. The auto industry s most important industry segments include commercial vehicles and passenger cars.
May 28, 2018 please use one of the following formats to cite this article in your essay, paper or report. United states automotive lightweighting insights 2018. Future of automotive industry articles, videos and presentations on the future of the auto industry by futurist conference keynote speaker patrick dixon. Please use one of the following formats to cite this article in your essay, paper or report. We cover news and statistics from sema, aasa, can and the auto care association, as well as other news on the auto parts industry. May 26, 2009 competition is also becoming much more intense. The auto industry stands on the brink of a revolution. Five trends transforming the automotive industry the increasing penetration of autonomous vehicles will have. Elementary structures and attitudes will have to change fast in order to cope with the developments by 2030 and beyond. He is also the author of two books, automotive 2030 north america and future automotive fuels and energy, both published by sae international.
Transformation of the automotive industry is no longer driven by customers alone it will. The global automotive industry began in europe and north america and, in the 1970s, expanded to japan with the advent of toyota, honda, and nissan then datsun as car exporters. In this years survey, almost 1,000 senior executives from the worlds leading automotive companies were interviewed, including. It is anticipated that new vehicle sales will account for about 38 percent of this. Overall global car sales will continue to grow, but the annual growth rate is expected to drop from the 3. Futurist speaker and advisor to 400 of worlds largest companies. Five trends transforming the automotive industry pwc.
1541 497 1051 1297 203 693 394 823 1540 1199 1471 1172 183 139 5 1544 1154 15 1298 1098 973 80 533 1315 1201 607 618 365