Latin American Passenger Vehicle Market Outlook, 2017
Latin American Passenger Vehicle Market Outlook, 2017
Digital Transformation Expected to Propel Growth across the Entire Automotive Value Chain Pushing Sales Volumes Upwards of 5 Million Units
16-Mar-2017
North America
Description
Senior management and CEO-level executives in the Latin American (LATAM) automotive value chain state “as-a-service” models focusing on the future of connected cars and harnessing Big Data to better serve consumers as the two biggest themes and top-of-mind-issues in the passenger vehicle market today. However, the LATAM automotive market declined by about 3.5% in 2016 to account for just below 5.0 million units. While Brazil witnessed a decline of almost 20%, dropping below the 2.0 million units mark, Mexico had a record year, reaching over 1.6 million vehicles. In addition, Argentina and Chile returned to the growth trajectory in 2016. Competition for the top spot intensified in 2016, and the year witnessed a number of market share changes. Also, a shift away from cars and towards SUVs was a key trend.
As a part of this outlook study, Frost & Sullivan identifies the key disruptive trends that will shape 2017 in the LATAM passenger vehicle market, including:
• Digital Transformation of the Industry
• Technology Innovation and Regulations
• Growing Vehicle Segments
• Start-up Boom in LATAM
• OEMs Enter Mobility Landscape
• Market Differentiators: Standard and Advanced Vehicle Features
• Used Cars
• eRetailing to Change Face of Aftermarket
The study analyses and presents forecasts for Argentina, Brazil, Chile, Colombia, Mexico, and Peru by original equipment manufacturer (OEM) and market. Over the last few years in LATAM, the automotive market has also witnessed immense disruption and changes to traditional structure. The study identifies some of these key companies to watch (C2W) in 2017 (e.g., Canal da Peça, Itaro, EasyCarros, InstaCarro, Sirena, Moovit, plus 10 others). These companies represent a defining business model that has a unique perspective, strength of vision, and that are extremely innovative, thus improving the entire automotive industry.
The angle of digital transformation impacting the automotive industry is also discussed through trends and case studies in LATAM. Furthermore, deep-dives provide outlook and disruptive trends for vehicle powertrain technologies, electric vehicles, connected cars, vehicle features, advanced driver assistance systems (ADAS), urban mobility, and the aftermarket in LATAM. The study then concludes with key predictions for 2017.
Key Questions This Study Answers:
• What is the 2017 market growth forecast, and in which countries is key movement expected?
• What are the major advancements emerging concerning powertrain, electric vehicles, connected cars, ADAS, and in-vehicle features in the
LATAM region?
• What are the top disruptive trends, and how will digital transformation affect the market landscape in LATAM?
• What will the new business models and market strategies for sustainable growth look like?
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
2016 Key Highlights
Growth Opportunity Themes Cited by Global Survey of CEOs
Potentially Disruptive Business Models Cited by Global Survey of CEOs
2016/2017 Senior Management Top-of-Mind Issues
2016 São Paulo Auto Show—Key Highlights
Key LATAM Disruptive Trends and Transformative Shifts for 2017
Transformation in LATAM Automotive Industry Ecosystem—2017
Key Companies to Watch (C2W) in Brazil’s Automotive Industry
2017 Top Predictions
Research Scope
Vehicle Segmentation
LATAM Economic Outlook vs. Automotive Sales Movement
Top Markets by Sales Volume in 2016
Winners of 2016
LATAM Light Vehicle Sales by OEM Brand in 2016—A Snapshot
LATAM Light Vehicle Sales by Vehicle Segment
LATAM Light Vehicle Sales by Region in 2017—A Snapshot
LATAM Light Vehicle Sales by Region in 2017—Conservative Scenario
LATAM Light Vehicle Sales by OEM Group in 2017—A Snapshot
Regional Spotlight—Argentina
Regional Spotlight—Brazil
Regional Spotlight—Chile
Regional Spotlight—Colombia
Regional Spotlight—Mexico
Trump Potential Trade Policies to Lead to Production Shifts
Regional Spotlight—Peru
The Five Pillars of Digitization in the Automotive Industry
Industrial Internet of Things (IIoT) and Impact on Automotive Manufacturing—Automotive 4.0
Automotive 4.0 in LATAM—Smart Manufacturing and Robotics
Big Data from Connected Cars Offering Cost Savings
Digitalization Reshaping Automotive Retail Process
Digitalization Reshaping Automotive Retail Process (continued)
Digitization Impacting Aftermarket Services—“Internet of Parts” and Virtual Garages
As-a-Service Model Evolution in Automotive
Mobility-as-a-Service (MaaS) in LATAM
Growing Vehicle Segments in LATAM
Accelerated Growth in B/C-SUVs and B/C-Pickups
More Luxury Vehicles across Segments in LATAM
Used Car Market in LATAM
OEMs in LATAM Shift from Product to Service
OEMs to Use Driver-centric Vehicle Innovations to Differentiate Product in LATAM from 2017 and Beyond
Features at the Forefront of New Vehicle Segments
Top-level Connected Car Solution Trends
eRetailing to Change the Face of the Aftermarket
Key LATAM Mobility Observations for 2017
Overview of Mobility in LATAM
The Sharing Economy—Car Sharing and Bike Sharing
Flexible On-demand Mobility Solution—eHailing
Taxi and eHailing Market in LATAM
Corporate Mobility in LATAM
Flexible On-demand Mobility Solution—Ride Sharing
Integrated Mobility Solutions
Transit and City Infrastrucutre Encouraging New Forms of Mobility
Top Transformative Trends Impacting the Aftermarket in LATAM
New Entrants and Disruptive Models in the Automotive Aftermarket
Quick Maintenance OEM Shops and Fixed Packaged
LATAM Aftermarket Revenue Forecast
Key LATAM Powertrain Observations for 2017
2017 LATAM Powertrain Heat Maps and Technology Trends to Watch
LATAM—Emission, Fuel Economy Targets, and Laws
Unit Vehicle Sales Forecast by Powertrain Mix by Country
Unit Vehicle Sales Forecast by Transmission Mix by Country
Engine Downsizing in LATAM—Unit Vehicle Production Forecast
Gasoline and Flex Fuel Engine Boosting—Unit Vehicle Sales Forecast
2016 Key Observations
Top Transformative Trends Impacting Connected Cars in LATAM
Connected Car Forecast
Connected Services Snapshot in LATAM
Connected Infotainment Snapshot in LATAM
LATAM HMI Market Penetration Forecast
ADAS Features on the Rise in LATAM
ADAS Features on the Rise in LATAM (continued)
ADAS Features on the Rise in LATAM (continued)
Key LATAM Connected Car and ADAS Observations for 2017
Key LATAM Vehicle Features Observations for 2017
Top LATAM Transformational Shifts and Trends Impacting Car Features
Transitional Features Are Market Differentiators
Overall LATAM Feature Package Summary
Future Vehicle Feature Opportunities in LATAM
Growth Opportunity in LATAM
Strategic Imperatives for Success and Growth
Key Conclusions and 2017 Outlook
Legal Disclaimer
List of Acronyms
List of Acronyms (continued)
2017 Proposed Research Plan
Selected Research Topics Covered in 2015–2016
Latin America Automotive & Transportation List of Published Titles, 2009–2014
Market Engineering Methodology
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Popular Topics
No Index | No |
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Podcast | No |
Predecessor | K059-01-00-00-00 |
Author | Yeswant Abhimanyu |
Industries | Automotive |
WIP Number | K184-01-00-00-00 |
Is Prebook | No |
GPS Codes | 9800-A6,9801-A6,9813-A6,9882-A6,9965-A6,9A70-A6,9AF6-A6,9B07-C1,9B15-A6 |