Expansion in mega trends such as digitalization and automated driving would result in the demand of automotive which would further enhance its increment.
With the enhancement of uncompromising emission norms developed so far and still is in the process, automobile industry is offering revolutionary techniques such as the usage of lightweight materials, composites and alloys within the automotive components.
Ranging from dashboard and engine component to driving assist systems, electronics play a vital role. Wiring harness and lightening systems used in automotive is of significant importance. Development in these two segments would directly develop the automotive sector as well.
Automotive system is an accumulation of mechanical parts and devices embedded in automotive. This accumulation is set so as to attain a specific function and can even function individually. Major automotive systems include fuel system, exhaust system, transmission system, suspension system, cooling system, electrical system, and braking system.
Automotive blockchain has the ability to streamline supply chain process of the automotive ecosystem, especially regulatory and compliance approval processes.
The drastic increase in lowering the amount of cobalt content has revolutionized the NMC battery industry.
Shortage of skilled drivers would pave the way for a fully autonomous truck platooning driven by artificial intelligence.
In-wheel motors will be one of the top industry trends that will redefine the electric vehicles industry with its enhanced driving range, reliability and improved vehicle execution.
Advanced gear shift technology is an important prerequisite for many future assistant systems, including autonomous and semi-autonomous driving.
