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Powertrain Technologies Contributed to Over 60% of Total Technology Revenue in 2016
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This study identifies the contribution of selected list of 30 global automotive suppliers’ contribution in 2016, across financial parameters and technological portfolio. Among them, 10 are from the North America, 14 are from Europe, and 6 are from Asia. European suppliers have been the most successful among the suppliers with high involvement in top 25 fastest-growing technologies. North American suppliers have divested divisions and improved their financial performance through expansions and acquisitions. About 68% of the revenue generated by the fastest growing technologies in 2016 was contributed by suppliers analysed in this study. With the growing trends focused on electronics, the fastest growing technologies are segmented into four major groups – Autonomous, Connected, Powertrain, and Electric Vehicles. The study identifies the fastest growing technologies in 2025 and measures growth through suppliers' contributions in these technologies, financial performance, and geographical diversity.
The geographical scope of the study includes four major regions of the world (Europe, North America. Asia Pacific and Rest of the World).
Suppliers involved in the study are from these domains :
The suppliers are primarily from three major regions - North America (the United States and Canada) , Europe (France, Germany, Italy, Sweden, Spain, the United Kingdom) and Asia (Japan and South Korea). Technologies are broadly categorized into Powertrain, Electric Vehicle Technology, Autonomous technology and Connectivity. Powertrain : This category deals with engine systems that help improve vehicle fuel economy, with a focus on emission reduction. Electric Vehicle Technology : This category deals with the growing demand for electric vehicles worldwide and technology required to power an electric vehicle. Autonomous Technology : This category deals with safety systems, which can be used for autonomous driving. This category considers technologies as a whole rather than each individual component used for these systems. Connectivity: This category covers in-vehicle entertainment, convenience and safety features that are present in a vehicle.
As these are the technologies that are expected to be present most vehicles of the future, the 20 fastest growing technologies are list in this study.
Key Issues Addressed
Over 60% of total technology revenue was contributed by Powertrain technologies.
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