“Advancements in AI, IoT, and Smart Grid Integration”
- The incorporation of Artificial Intelligence (AI) and the Internet of Things (IoT) into automotive front-end modules is enhancing vehicle performance and safety. AI algorithms analyze data from IoT devices to provide real-time insights, enabling predictive maintenance and advanced driver-assistance systems (ADAS). For instance, Ford has shifted its strategy by merging its next-generation and current vehicle software platforms, focusing on centralized software to deliver seamless experiences across its vehicle lineup.
- The adoption of cloud technologies in FEMs offers enhanced scalability, flexibility, and cost-efficiency. Cloud-based solutions allow manufacturers to rapidly adjust resources in response to changing demands, ensuring optimal performance and reliability. This trend is particularly beneficial for industries undergoing rapid digital transformation, such as automotive manufacturing.
- In April 2024, they introduced the Active Air Skirt (AAS) technology, achieving a 2.8% improvement in drag performance during testing on the Genesis GV60 SUV.
- Growth of local automotive industries in India and Southeast Asia is creating new opportunities for FEM localization by companies like Samvardhana Motherson Group.
