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Automotive Technologies

The automotive industry is one of the most dynamic business segment. This sector also witnesses large focus, innovation and development of path-breaking technologies.

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ASIA PACIFIC ELECTRIC VEHICLE MARKET 2019-2027
Automotive & Transportation

ASIA PACIFIC ELECTRIC VEHICLE MARKET 2019-2027

Market By Vehicle Type, Power Source, Technology And Geograp ..

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ASIA-PACIFIC PARKING MANAGEMENT MARKET 2019-2027
Automotive & Transportation

ASIA-PACIFIC PARKING MANAGEMENT MARKET 2019-2027

Market By Parking Site Type, Software & Service, Solution, V ..

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EUROPE ELECTRIC VEHICLE MARKET 2019-2027
Automotive & Transportation

EUROPE ELECTRIC VEHICLE MARKET 2019-2027

Market By Vehicle Type, Power Source, Technology And Geograp ..

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EUROPE PARKING MANAGEMENT MARKET 2019-2027
Automotive & Transportation

EUROPE PARKING MANAGEMENT MARKET 2019-2027

Market By Parking Site Type, Software & Service, Solution, V ..

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GLOBAL ELECTRIC VEHICLE MARKET 2019-2027
Automotive & Transportation

GLOBAL ELECTRIC VEHICLE MARKET 2019-2027

Market By Vehicle Type, Power Source, Technology, And Geogra ..

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GLOBAL PARKING MANAGEMENT MARKET 2019-2027
Automotive & Transportation

GLOBAL PARKING MANAGEMENT MARKET 2019-2027

Market By Parking Site Type, Software & Service, Solution, V ..

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LATIN AMERICA ELECTRIC VEHICLE MARKET 2019-2027
Automotive & Transportation

LATIN AMERICA ELECTRIC VEHICLE MARKET 2019-2027

Market By Vehicle Type, Power Source, Technology And Geograp ..

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LATIN AMERICA PARKING MANAGEMENT MARKET 2019-2027
Automotive & Transportation

LATIN AMERICA PARKING MANAGEMENT MARKET 2019-2027

Market By Parking Site Type, Software & Service, Solution, V ..

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MIDDLE EAST & AFRICA ELECTRIC VEHICLE MARKET 2019-2027
Automotive & Transportation

MIDDLE EAST & AFRICA ELECTRIC VEHICLE MARKET 2019-20 ..

Market By Vehicle Type, Power Source, Technology And Geograp ..

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MIDDLE EAST AND AFRICA PARKING MANAGEMENT MARKET 2019-2027
Automotive & Transportation

MIDDLE EAST AND AFRICA PARKING MANAGEMENT MARKET 201 ..

Market By Parking Site Type, Software & Service, Solution, V ..

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NORTH AMERICA ELECTRIC VEHICLE MARKET 2019-2027
Automotive & Transportation

NORTH AMERICA ELECTRIC VEHICLE MARKET 2019-2027

Market By Vehicle Type, Power Source, Technology And Geograp ..

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NORTH AMERICA PARKING MANAGEMENT MARKET 2019-2027
Automotive & Transportation

NORTH AMERICA PARKING MANAGEMENT MARKET 2019-2027

Market By Parking Site Type, Software & Service, Solution, V ..

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Automotive Technologies

Automotive Technologies

The automotive industry is one of the most dynamic business segment. This sector also witnesses large focus, innovation and development of path-breaking technologies. Automotive technology is the study that incorporates various technologies into the production of automobiles. Technologies such as cloud computing, IoT, hybrid vehicles, electric cars, 3D printing, autonomous vehicles etc. are shaping the current trends in the industry.

There are various factors which are propelling the huge growth of the automotive technology market. Firstly, the need for more fuel-efficient rides. With more than 2 million electric vehicles sold worldwide in 2016, this figure continuously increasing on a y-o-y basis as more automotive manufacturers implement the electric vehicle technology in their products. Secondly, Artificial intelligence (AI) and machine learning (ML) are playing important roles in enhancing the predictive capabilities in automobiles for personalizing the driving experience. Thirdly, while much has been said about autonomous driving, and while some players are continuously testing their self-driving functions on roads, we are still quite far from the wide adoption of these cars.

Hence, the bottom line is that automotive technologies, with the amount of value they bring into the chain, are surely one of the areas to look ahead in the future. Big data and AI will be playing an essential role in the realization of this aim.

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