Automotive & Transportation

Automotive & Transportation

Technological advancements along with global economic factors are rapidly transforming the global automotive market. Automotive trends have shown that various advanced technologies such as Machine Vision (MV), Collaborative Robots or ‘Cobots’, Artificial Intelligence (AI) and Cognitive Computing are being used for the production of connected cars. Connected cars are those vehicles that use internet services to interface, which helps to improve customer experience and enhance the non-intervening traffic system.Digitization in the automotive sector is at its nascent stages, where technologies such as connected car, driver assistance systems, vehicle health monitoring, advanced infotainment systems, and vehicle-to-vehicle communication are yet to reach its full potential. This, however, is set to change in the near future where this specific market witness major development. Innovations are leading to the integration of various advanced technologies, which will further improve and ease the manufacturing process for automotive parts. This integration is revolutionizing industries as well as enhancing consumer safety and goods.Automotive market research has shown that technology continues to incorporate innovations that affect efficiency, lightweight materials, and energy as well. Many top players in the market are adopting ‘eco' strategy to their central marketing theme, i.e. producing and advertising environment-friendly motor vehicles (electric cars). This follows the ‘Go Green’ developmental initiative aimed at reducing the emission of hazardous substances affecting land, air and water bodies. The global regulatory bodies have introduced stringent regulations which monitor harmful emissions from vehicles.Due to increasing competition, automakers are now expected to make a substantial investment in their R&D departments to differentiate their products from their rivals. Nations across the globe are optimally utilizing their manufacturing units to efficiently produce lucrative products and consolidate their positions in the automotive market. Furthermore, partnerships and acquisitions were also equipped in fostering the growth of the global automotive industry.Triton offers a broad range of automotive industry reports on the following topics: Automotive Heat Exchanger Market, Automotive Lead Acid Battery Market, Gas Engines Market, Crane Market, In-Dash Navigation System, Commercial Vehicles Telematics Market and many more.These reports have been listed in the following segments:Automotive Components: Automotive industry requires the use of complex components for adding quality and longevity to their product. Manufacturers around the globe invest millions of dollars in the production of such advanced parts or refinements of simple components such as wheels, gearbox parts, engines, brakes, etc.Automotive System: Automotive systems are the branch of motor vehicle systems, incorporating mechanical, electrical and software components & devices in an automobile with each designed to accomplish its unique function effectively. Each system consists a group of interdependent components accomplishing a specific function and is efficient to operate independently. The key automotive systems available in the market are transmission, fuel, braking, cooling, suspension and electrical systems.Automotive Technology: The study incorporates various technologies in the production of automobiles or machines. Technologies such as the Internet of Things (IoT), cloud technology, hybrid electric cars, 3D printing, autonomous vehicles etc. are shaping the current trends in the industry.Electronics and Electric System: Electronics have their hold in nearly every component, ranging from the engine module and dashboards to driving-assist systems etc. The electric system is the integration of electrical components positioned to transfer, supply and utilize electric power. Furthermore, it connects various electronics in the vehicle to each other. These two product segments hold high importance in automobiles and possess high-growth potential in the future. Moreover, apart from fulfilling OEM requirement opportunity, they also hold significant post-market potential.