Search results for: 'autonomous vehicle market forecast'

The Chinese automotive market is likely to shift into a higher intelligence level by 2025. The L1 and L2 autonomous vehicles are currently available in the market, with a total sales of 0.3 million units in 2018. Going forward, the market is likely to experience a positive compound annual growth rate (CAGR) of 28.4%, reaching 1.5 million unit shipm...

Though the automotive industry is recovering from the COVID era and reaching pre-COVID forecasted vehicle sales, it still faces many challenges—regulatory hurdles, semiconductor shortages, and geopolitical chaos. Original equipment manufacturers and value chain partners are realigning their product strategies, road maps, and launch timelines to ada...

The North American connected car market is incorporating technologically advanced services into vehicles. By initiating connected services, such as vehicle DTC and eCall, into the present-day remote car-to-home and biometric authentications, automakers focus on increasing awareness of these services among users to improve connected vehicle penetrat...

02 Sep 2022  |  North America  |  Market Research

Strategic Overview of Start-ups Disrupting the Global Connected Car Industry, 2022

Enhanced In-vehicle Experiences and Automakers’ Use of Futuristic Connected Features Will Create New Growth Opportunities

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In-vehicle innovations and futuristic technologies are allowing automakers to offer a new generation of products and services to drivers and passengers. The possibilities have given rise to numerous start-ups that are helping original equipment manufacturers to develop solutions or use vehicle data in new ways. This study includes a list of mor...

This analytics highlights quantum computing innovation in the automotive industry and the significance of integrating this technology in supply chain, materials research, vehicle design, vehicle testing, assembly, manufacturing, retail, after-sales, and vehicle-in-motion. Simulations integrated with quantum computing processors analyze multiple pre...

09 May 2019  |  North America  |  Market Outlook

Global Autonomous Driving (AD) Industry Outlook, 2019

1 in 4 Cars Sold (18 Million) Globally is Expected to be Automated (L3 and Above) by 2030, with L4 Driving the Growth of Ownership

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Key Issues Addressed

The autonomous driving industry is evolving at a rapid pace on various fronts such as advancements in technology as well as emergence of new business models. Traditionally, most major OEMs and Tier I suppliers have strived to explore the benefits of developing applications focused on the convergence of the three technology pillars: Connected, Auton...

08 Dec 2022  |  Global  |  Market Research

Global Vehicle Electrical/Electronic (EE) Architecture Strategic Insights and Growth Opportunities

OEMs will Adopt Full Zonal Architecture Only When Risk and Cost of Transition from Legacy Systems Reduces with Technology Maturity

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Today, consumers expect their cars to offer features that enhance safety, comfort, and convenience. Over the years, every electronically controlled feature added to vehicles demanded its own electronic control unit (ECU) and supporting communication interfaces, adding more components and burdening vehicle electrical/electronic (EE) architecture wit...

As we enter the next era of digitization, we are amidst a silent revolution that will change the location from where we process data as well as the speed in which we do that—the reasons being Edge Computing and 5G. The term edge refers to the edge of a network, i.e., close to the data/information source and edge computing means processing data clos...

04 Dec 2018  |  Africa  |  Market Research

South African Electric Vehicles Market, Forecast to 2022

The Key to a Sustainable Source of Fuel for Transport

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Key Issues Addressed

The South African electric vehicle (EV) market is still in its infancy, but is expected to grow at a slow but steady pace over the next five years. South Africa’s automotive sector is currently ranked 23rd in terms of manufacturing and is a key player in the international automotive value chain. The EV market is currently restrained due to a variet...