It’s Only Common Sense: Price—Is That All You’ve Got?
Trouble in Your Tank: Yield Improvement and Reliability
Dan's Biz Bookshelf: 'The Sale'
Global Automotive Industry Outlook, 2018
April 30, 2018 | PRNewswireEstimated reading time: 1 minute
The automotive landscape is rapidly changing every year.The convergence of various technologies and industries with the automotive space is creating numerous opportunities in the market.
Digitization and connectivity are generating large volumes of usage data, which will enable new revenue streams such as data monetization in the automotive industry.The prices of electric vehicle (EV) batteries are constantly declining, which is making EVs affordable, contributing to an increase in their sales.
Even as EVs power their way ahead with record sales, the supporting infrastructure of the charging stations is not keeping pace. OEMs have to work with partners and government agencies to set up more charging stations and establish a universal charging standard.
It is important for stakeholders in the automotive industry to be aware of the dynamically evolving trends and ways in which they can be monetized. This study provides a snapshot of the key happenings in the automotive industry in 2017 and a strategic outlook for 2018.
Some of the disruptive trends in the automotive industry include: voice recognition-driven personal assistants such as Amazon Alexa and Google Assistant, reduction in EV battery prices, and the application of deep learning in autonomous vehicle (AV) development.
Other key trends include:
- Long-range EVs—OEMs will target EVs with more than 300 mile range by utilizing a flat battery storage design
- Decline of diesel—In 2018, sale of diesel cars will continue to decline, as governments announce stronger air quality control moves including higher tax bands in Europe
- Inclusion of driver monitoring systems in level 2 and 3 cars—Driver monitoring will be a key focus area in 2018, with companies incorporating a range of driver monitoring systems into their vehicles
About Reportbuyer
Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers
Share on:
Suggested Items
Huawei Single SitePower Solution Creates Four Synergies to Accelerate Site Intelligence
05/27/2025 | PRNewswireDuring the 9th Global ICT Energy Efficiency Summit in Dubai, Huawei showcased its next-generation digital and intelligent site power facility solution Single SitePower, which is set to drive the intelligent transformation of ICT energy infrastructure.
Indium Promotes O’Leary to Director of Global Accounts
05/27/2025 | Indium CorporationIndium Corporation, a leading materials refiner, smelter, manufacturer, and supplier to electronics, semiconductor, thin-film, and thermal management industries, announces the promotion of Brian O’Leary to Director of Global Accounts.
Zhen Ding’s Chairman Charles Shen Shares 10 Life Lessons with Graduates
05/27/2025 | Zhen DingAt the 2025 Commencement Ceremony, Yuan Ze University sincerely invites a renowned yet low-profile figure in the PCB industry, Chairman Charles Shen of Zhen Ding Technology Group, as the keynote speaker.
Celebrating Leadership, Legacy and the Future of Southeast Asia’s Semiconductor Industry
05/26/2025 | SEMIOn the occasion of its 30th anniversary, SEMICON Southeast Asia (SEA) 2025 hosted the Night of Leaders, a dinner and awards ceremony that honoured individuals shaping the region’s semiconductor future.
AT&S Strengthens European Research at IPCEI Day
05/26/2025 | AT&SWith the IPCEI program, the European Union supports companies that make important contributions to the technological development of key industries on the old continent.