Search results for: 'optimization for part grid'

27 Apr 2020  |  Global  |  Market Research

COVID-19 Growth Impact Assessment for the Automotive Industry, 2020

Stakeholders to Focus on Resource Optimization, New Growth Segments and Cost Rationalization to Overcome Slowdown

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Key Issues Addressed

The mushrooming corona virus outbreak in the central Chinese city of Wuhan prompted the World Health Organization (WHO) to declare a global health emergency in late January. The corona virus outbreak isn’t just a massive health crisis; it’s an economic one as well. If the pandemic is not contained by a large extent by April, the drop in consumer d...

06 Jun 2023  |  Global  |  Market Outlook

Automotive Outlook, 2023

Easing of Chip Shortage Crisis, Increasing Electric Vehicle Adoption, and Improving Macroeconomics to Drive Light Vehicle Sales by 3.3%

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Global light vehicle (LV) sales reached 79.9 million units in 2022, registering 1.3% lower sales than in 2021. China was the top-selling market with 25.7 million units, ahead of the United States at 13.9 million and Japan at 4.1 million. The Russo-Ukrainian War resulted in production delays owing to part supply delays and semiconductor shortages, l...

Automotive manufacturers are currently focusing on building fully connected and completely autonomous vehicles, as drivers expect next-generation digital technologies in their cars. As autonomous and connected technologies go hand-in-hand in building efficient self-driving cars, connected car technologies will create a drift in the automotive ecosy...

This study analyses automotive industry trends from 2016 to 2025 offering a holistic view of the road to autonomous vehicle technology. The ADAS and safety section covers the evolution of and trends for lane departure warning, power assisted steering, and adaptive cruise control. In the connected car systems section, technologies used by OEMs and s...

30 Jun 2022  |  Global  |  Market Outlook

Global Automotive Outlook, 2022

Automotive OEMs Prioritizing Supply Chain Recalibration, Digital Transformation, and Sustainability to Accelerate Growth

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Rebounding from the pandemic-related disruptions of 2020, the global automotive industry registered a healthy 5.3% increase in sales, with 81 million in unit sales in 2021. Toyota led global OEM sales, recording a growth rate of 13.9%, selling 9.9 million units. Despite the positive recovery trends in the global economy and vehicle sales, the Ru...

13 Jul 2022  |  Global  |  Market Research

Global Self-healing Materials (SHMs) in Automotive Growth Opportunities

Future Growth Potential to Reduce Maintenance Costs and Increase Components’ Lifetime Drives Market to US$3 Billion by 2024

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Frost & Sullivan provides insights into the use of self-healing materials (SHMs) in the automotive industry specific to cars by defining these materials and listing the types of mechanisms available. This study covers SHM application areas in the automotive industry with a timeline for commercialization. The report also compares various competitors...

A digital twin is a virtual replica of a product, system, or process. Geopolitical tensions arising as a result of the COVID-19 pandemic, trade disputes, wars between countries, and other factors have prompted automakers and their suppliers to employ digital technologies to minimize operational disruptions, reduce costs and resource utilization, re...

02 Jan 2018  |  Global  |  Market Research

Automotive OEMs Passenger Car and Light Duty Truck Lightweighting Strategies, Forecast to 2025

Average Vehicle Weight is Expected to Reduce by 20-25%, with Body-In-White (BIW) Expected to Lose Over 140kg by 2025, Due to Increased Adoption of HS Steel and Aluminium

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The carbon emissions target for North America and Europe is to achieve below 100 g/km (97 in North America by 2025 and 95 in Europe by 2021). Advances in powertrain technology are expected to significantly reduce CO2 emissions, but alternate methods must be employed in order to assist a fuel-efficient powertrain. Lightweighting strategy is expected...

The automotive industry has evolved from implementing circular economy practices only at the process level to adopting them at all parts of the value chain. This research service provides insights into strategies adopted by automotive original equipment manufacturers (OEMs) to align with circular economy goals in each stage of the automotive lifecy...