Automotive Industry Trends

5 Major Automotive Industry Trends that May Surprise You

04 February 2020
Automotive Industry Trends

Nowadays, new technologies are being invented almost on a daily basis to help improve people’s lives and connect them with devices like never before. Finally, the auto industry is catching up on such trends and beginning to develop applications that range from IoT innovations to big data and automation.

As one of today’s automotive market research experts, the team from Visiongain wants to share some of these latest trends with you. Here you’ll find some of today’s cutting-edge technological advances being developed in the automotive industry.

1. Hybridization

Hybridization in the automotive industry is certainly nothing new, but growing concerns about climate change is making this technology ever more relevant. New hybrid technologies are being developed every day to help reduce carbon emissions and still run efficiently.

2. Connectivity

Nowadays, the vehicle is being seen more and more as a connective hub, and automobile and device manufacturers are following suit. First and foremost, expect to see more vehicles with advanced Internet-of-Things (IoT) capabilities like 5G, Bluetooth, GPS, Wi-Fi, and more. Look out for vehicle-to-everything technology (V2X) that offers everything from collision avoidance applications to monitoring and diagnostics solutions, as well as advanced vehicle-to-grid (V2G) connectivity for electric vehicles.

3. Automation

Automation is also driving the automotive sector, as new technology is developed like human-machine interface solutions, autonomous vehicles, and advanced driver assistance systems (ADAS). Over the next decade, don’t be surprised if more and more AI is developed to eventually make self-driving vehicles a reality.

4. Truck Platooning

Automotive market research shows that truck platooning will become increasingly popular as the logistics sector makes a push to eventually incorporate autonomous freight transport in public settings. Truck platooning is when several trucks drive together in close proximity with a platoon leader, communicating between vehicles through the use of vehicle-to-vehicle (V2V) technology.

5. Car Driver Health Monitoring

Currently, biometric solutions are being developed to be used in the automotive sector. Although they’re not yet commercially available, in coming years expect to see commercial developments that monitor the in-vehicle health state of drivers. This is expected to have a significant market share impact in the years to come.

Let us be your automotive market share research experts!

If you’re a stakeholder in the automotive market, Visiongain has the most current data to help you excel. With more than 1,500 market reports from over 18 industry verticals, we’ve become a leader in providing the key information needed to compete in the automotive sector. Contact us online today to learn more or call +44 (0) 20 7549 9987.

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