DBMR AUTOMOTIVE MARKET ACCESS REPORT

The automotive sector is an emerging sector. With the introduction of modern innovation of technology, the global automotive industry has been experiencing a period of positive rapid growth and profitability in the past years. It comprises of an extensive variety of companies and organizations which are involved in the designing, development, manufacturing, marketing and selling of motor vehicles. It is one of the world's largest economic sectors in terms of revenue.

Data Bridge Market Research every year produces more than 1500 market access reports pertaining to automotive industry. In this domain DBMR caters to more than 500 top technological advancing industries. The portfolio includes sensors and controls, semiconductors materials and components, electronic systems and components, display technology, lighting, communication and connectivity technology, internet of things, battery and wireless charging, information systems and analytics, mobility and telecom, information security, analytics, software and services, satellite communication, artificial intelligence, smart infrastructure, physical safety, cloud computing, blockchain, cybersecurity research among many others.

Future Status of Automotive

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Future Status of Automotive

Expansion in mega trends such as digitalization and automated driving would result in the demand of automotive which would further enhance its increment.

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Components and Materials

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Components and Materials

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.

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Electronics and Electrical Equipment in Automotive

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Electronics and Electrical Equipment in Automotive

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.

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Automotive Systems

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Automotive Systems

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.

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Top Trends for Automotive Industry for 2022

Artificial intelligence allows easy tracking of vehicle data

AI assists in navigating autonomous or self-driving automobiles, guarantee their safety controls fleets, improves insurance, and vehicle inspection services. It is employed in the automotive industry to enhance production rates, speed up processes, and save costs.

Shift from robo-taxis to automated car

Automated cars are self-driving cars to reduce the need for a human driver. The availability of AVs expands the breadth of last-mile deliveries, reduces total downtime, and strives to transform the notion of transportation into one that is safe and secure by reducing the number of accidents caused by human drivers due to negligence. AVs are equipped with innovative and cutting-edge technologies, including AI-enhanced computer vision, to recognize potential roadblocks.

Big data and data analytics in automotive industry

Advanced data analytics informs various decisions during a vehicle's life cycle when huge data is generated. The data acquired from the vehicles are used to qualify predictive maintenance, warn authorities in an emergency or an accident, and notify fleet managers. Car manufacturers can use predictive analysis to decide their annual sale purchases and production targets. In addition, the app uses client automobile data to optimize supply chains, drive more sales, and improve the product design of impending new vehicles.

Blockchain is changing automotive industry

Blockchains have a wide range of uses in the automotive industry. Sharing vehicle data to a secure network to enable connectivity and shared mobility solutions such as urban transit, ride-hailing, and delivery are just a few examples. Furthermore, blockchain finds application in confirming the spare parts supply chain, ensuring that the raw materials or parts are acquired from reliable, safe, and legal sources.

Internet of things: increases road safety, decreasing pollution, alleviating traffic congestion, and conserving energy through better fleet management

The Internet of Things enables secure interactions between vehicles and their infrastructural components in the enormous automobile industry. This technology contributes significantly to road safety, decreasing pollution, alleviating traffic congestion, and conserving energy through better fleet management. Emerging corporations and startups have created improved sensing technology to collect vehicle data. It also allows a car to grasp and understand its environment. The most appealing aspect of Enterprise Mobility App Development is that it automates toll and fuel payments.

Hybrid computing models infrastructure offers several advantages for automotive industries

With the increased need for computers and data in the automotive sector, there is a tremendous amount of collective innovating in data pipelines, data capacity, computing capacity, analytics-based algorithms, and AI. When they have storage-intensive workloads and compute-intensive workloads, automotive firms have new computing requirements that can only be met by cloud and hybrid computing models by providing on-demand access to increased capacity.

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