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Growth Opportunities for Digital Twins in Global Mobility
Growth Opportunities for Digital Twins in Global Mobility
AI and Data Analytics Set to Disrupt the Automotive Sector to Improve Efficiencies, Drive Innovation, and Create Resilience to Outside Factors
RELEASE DATE
18-May-2022
18-May-2022
REGION
Global
Global
Deliverable Type
Market Research
Market Research
Research Code: PCFD-01-00-00-00
SKU: AU02335-GL-MT_26545
$4,950.00
Special Price $4,207.50 save 15 %
In stock
SKU
AU02335-GL-MT_26545
Description
This study is a comprehensive analysis of digital twinning as a concept, as a technology trend, and as a strategic business tool in the global automotive sector. It explores everything that a business needs to know about digital twinning and industry developments, including future implications and opportunities.
Digital twinning is a result of digitalization efforts that span many years. Predominantly a theoretical concept since the 60s, various industries are now using digital twins in response to technology trends and geopolitical factors, including Industry 4.0 and the global COVID-19 pandemic. Digital twinning is a disruptive and transformative concept with data at its core. Complex interactions among various technologies are needed for its implementation, but it has far-reaching effects across business areas, from strategic decision-making to ensuring a zero-hazard shop floors.
The research aims to provide a clear understanding of the digital twinning concept and the interactions between its underlying technologies. The analysis will outline which technologies are required for the realization of particular digital twin features. The study also catalogues the various digital twin applications in the automotive industry and the possible implications. It offers an analysis of current industry developments across the value chain and lists the service providers that deliver digital twinning, including a comparison of their capabilities.
Research Highlights
- Explain the concept of digital twinning and its implications for the automotive industry
- Discuss the challenges involved in digital twinning implementation and the current legal and regulatory frameworks available
- Explore the impact of digital twins on the different areas of the value chain (i.e., product design and testing, manufacturing, supply chain, battery management, and product life cycle)
- Outline future opportunities possible through collaboration with blockchain, 3D printing, and other advanced technologies
- Pinpoint the digital twinning strategy of major OEMs
- Identify the major digital twinning service providers across geographies and their specific expertise
Author: Sandhya Jesu
RESEARCH: INFOGRAPHIC
This infographic presents a brief overview of the research, and highlights the key topics discussed in it.Click image to view it in full size
Table of Contents
Why Is It Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on Digital Twins in Mobility
Growth Opportunities Fuel the Growth Pipeline Engine™
Application Avenues in Automotive
Strategic Impact on the Automotive Industry
Future Business Opportunities—Data-based Business Models
Future Business Opportunity—Used Car Market
Service Provider Mapping by Geography
Market Share Estimates
Scope of Analysis
Growth Drivers for Digital Twinning in Mobility
Growth Restraints for Digital Twinning in Mobility
What Is A DT?
DT Application—Use Case
Primary Functions of a DT
Digital Twinning—A Timeline
DT—Architecture
DT Types
DT in the PLC
DT in the PLC (continued)
Digital Twinning and Simulation—A Comparison
Why Digital Twinning?
What Digital Twinning Does for the Organization
Digital Twinning—Implementation Challenges
Digital Twinning—Legal Challenges
Digital Twinning—Standards and Consortiums
Digital Twinning Overview—Key Takeaways
Technologies Driving Digital Twinning
Technology—Feature Mapping
Technology—Feature Mapping (continued)
DTS and Connected Cars
Cognitive DT—The Role of AI
DT Interfaces—Enhanced Experiences Using AR/VR/MR
Digital Twinning Drives 3D Printing
Enabling Technologies—Key Takeaways
BMW
GM
VW
VW (continued)
VW Group—Audi
Mercedes-Benz Group and Daimler Truck North America (NA)
Mercedes-Benz Group and Daimler Truck North America (continued)
Ford
Ford (continued)
Hyundai
Volvo
Capability Landscape Based on Existing DT Initiatives
OEM Case Studies—Key Takeaways
DT in Product Design
Application in Product Design and Development
Product Design Use Case—Renault–Nissan
Product Design and Development—Offerings and Service
Product Design and Development—Partnerships
Product Design and Development—Partnerships (continued)
Product Design and Development—Partnerships (continued)
DT in Manufacturing
Applications in Manufacturing
Manufacturing Use Case—VinFast
Manufacturing—Offerings and Service Providers
Manufacturing—Offerings and Service Providers (continued)
Manufacturing—Partnerships
Manufacturing—Partnerships (continued)
DT in Sales And Service
Applications in Sales and Service
Product Twin—Tesla
Product Twin—Cerence
Cyber DT—Cybellum
Product Twin—Offerings and Service Providers
Product Twin—Partnerships
DT in Supply Chain
Applications in Supply Chain
Supply Chain DT
Future Application—Strengthening DT with Blockchain
Supply Chain—Offerings and Service Providers
Supply Chain—Partnerships
DT in EV Battery Management
Application in Battery Design and Life Cycle Management
EV Battery Management—DT Service Providers
TWAICE—Product Design
TWAICE—Battery Life Cycle Management
EV Battery Management—Partnerships
Types of Players (Not Exhaustive)
Competitive Landscape—United States
Competitive Landscape—United States (continued)
Competitive Landscape—Europe
Competitive Landscape—Europe (continued)
Partnerships between DT Service Providers
Partnerships between DT Service Providers (continued)
DT Service Providers—Key Takeaways
Predictions
Growth Opportunity 1—Integrated PLC Using DT will Give OEMs a Wider Role Throughout the PLC
Growth Opportunity 1—Integrated PLC Using DT will Give OEMs a Wider Role Throughout the PLC (continued)
Growth Opportunity 2—Digital Twinning can make Business Processes Immune to Geopolitical Disturbances
Growth Opportunity 2—Digital Twinning can make Business Processes Immune to Geopolitical Disturbances (continued)
Growth Opportunity 3—Several Innovative Data-based Business Opportunities Open Up for OEMs
Growth Opportunity 3—Several Innovative Data-based Business Opportunities Open Up for OEMs (continued)
Your Next Steps
Why Frost, Why Now?
List of Exhibits
Legal Disclaimer
Popular Topics
This study is a comprehensive analysis of digital twinning as a concept, as a technology trend, and as a strategic business tool in the global automotive sector. It explores everything that a business needs to know about digital twinning and industry developments, including future implications and opportunities.
Digital twinning is a result of digitalization efforts that span many years. Predominantly a theoretical concept since the 60s, various industries are now using digital twins in response to technology trends and geopolitical factors, including Industry 4.0 and the global COVID-19 pandemic. Digital twinning is a disruptive and transformative concept with data at its core. Complex interactions among various technologies are needed for its implementation, but it has far-reaching effects across business areas, from strategic decision-making to ensuring a zero-hazard shop floors.
The research aims to provide a clear understanding of the digital twinning concept and the interactions between its underlying technologies. The analysis will outline which technologies are required for the realization of particular digital twin features. The study also catalogues the various digital twin applications in the automotive industry and the possible implications. It offers an analysis of current industry developments across the value chain and lists the service providers that deliver digital twinning, including a comparison of their capabilities.--BEGIN PROMO--
Research Highlights
- Explain the concept of digital twinning and its implications for the automotive industry
- Discuss the challenges involved in digital twinning implementation and the current legal and regulatory frameworks available
- Explore the impact of digital twins on the different areas of the value chain (i.e., product design and testing, manufacturing, supply chain, battery management, and product life cycle)
- Outline future opportunities possible through collaboration with blockchain, 3D printing, and other advanced technologies
- Pinpoint the digital twinning strategy of major OEMs
- Identify the major digital twinning service providers across geographies and their specific expertise
Author: Sandhya Jesu
| Deliverable Type | Market Research |
|---|---|
| Author | Sandhya Jesu |
| Industries | Automotive |
| No Index | No |
| Is Prebook | No |
| Podcast | No |
| WIP Number | PCFD-01-00-00-00 |