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Automotive Megatrends and Market Analysis by Technology and Key Companies

This report reviews developments in major automotive global markets – with a particular emphasis on growth opportunities – and also considers the new forces, the ‘megatrends’, that are reshaping personal mobility and the industry that provides that. As well as reviewing major car market developments, we give consideration to the next wave of emerging markets. If China has emerged as by far the world’s largest vehicle market, attention will start to turn to the places that will similarly emerge as major sources of automotive demand in the future.

What are the megatrends in the automotive industry?

Some of the megatrends in the automotive industry are discussed below:

ADAS morphs into autonomous

Advanced Driver Assistance Systems (ADAS) are developing rapidly, with fitment levels rising and these new systems and technologies are taking the industry towards greater autonomous control. However, timelines are unclear for the move to fully autonomous cars, and major obstacles remain.

Connected cars and connected people

The revolution in personal connectivity heralded by the smartphone is shaking up the space in the car taken up by in-car entertainment. Rapid technological change is resulting in a shift in the traditional supply chain relationships within the industry, with a battle between built-in connectivity and brought-in mobile systems.

More industrial consolidation ahead

More OEM alliances are possible to share the cost and reinforce global presence. China’s fragmented auto industry faces considerable reorganization. In the supplier sector, consolidation is being driven by the rapid rise of advanced technologies in areas such as connectivity and powertrain efficiency

New business models proliferate

In the increasingly dynamic personal mobility space, companies embracing new business models can rapidly develop market presence, typified by the recent rapid growth of Uber. Car sharing is becoming more popular, through established car-sharing fleets and new carpooling and peer-to-peer (P2P) ridesharing platforms. Car companies may have to shift emphasis from being primary manufacturers of equipment and instead think of themselves as mobility service providers.

The digital retail revolution puts the customer top

Car retailing is shifting from being product-driven to a more customer-centric relationship. Car companies are experimenting with new business strategies that integrate in-store, online, and mobile (cell/tablet) platforms to create an expanded shopping experience for new car buyers. This is also allied to greater personalization in marketing, and customer relationship management (CRM). Brand experience centers, especially in cities will increasingly work with digital marketing strategies to replace elements of the traditional dealer-customer relationship.

The drive for greener cars accelerates

Vehicle manufacturers are under pressure from regulators to hit tighter targets on CO2 emissions. The powertrain mix stays fragmented, with three-and four-cylinder gasoline engines dominant. Diesel share is set to fall in Europe in the wake of VW’s ‘dieselgate’ and the arrival of smaller, more efficient displacement gasoline engines

A growing, urbanized, and multi-polar world

The auto industry faces huge opportunities and challenges presented by a more populous and urbanized world. A growing middle-class in developing countries across the world is driving global consumption upward. Cars are a central part of this new consumption wave. India’s low motor vehicle penetration levels and huge population make it one of the most attractive opportunities for the global automobile industry, but opportunities exist in developing countries and regions across the world.

Which are the top companies operating in the new mobility and electric vehicle (EV) landscape?

The top companies operating in the new mobility and EV landscape are Apple, Baidu, Byton, Cruise Automation, Didi Chuxing, Evelozcity, Faraday Future, Fisker, JD, Karma, Lucid, Lyft, Mahindra, Nikola, Nio, Peloton, Rivian, SF Motors, Singulato, Tesla, Uber, WM Motor, Waymo, Workhorse, and Xiaopeng.

Automotive megatrends, by companies

Automotive megatrends, by companies

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Market report scope

Key companies Apple, Baidu, Byton, Cruise Automation, Didi Chuxing, Evelozcity, Faraday Future, Fisker, JD, Karma, Lucid, Lyft, Mahindra, Nikola, Nio, Peloton, Rivian, SF Motors, Singulato, Tesla, Uber, WM Motor, Waymo, Workhorse, and Xiaopeng.

Scope

  • This report contains an overview of the automotive sector along with detailed related component forecasts, supported by information drawn from GlobalData’s extensive range of sources.

Scope

– This report contains an overview of an automotive sector along with detailed related component forecasts, supported by information drawn from GlobalData's extensive range of sources.

Reasons to Buy

– This report has been extracted from GlobalData's regularly updated online Automotive Intelligence Center. Containing content, tools and services not found in this report, GlobalData's AIC offers a cost-effective multi-user car market research solution.

Table of Contents

Table of Contents

1. Industry Megatrends

ADAS morphs into autonomous

Connected cars and connected people

Industrial consolidation

New business models proliferate

Next wave emerging markets

The digital retail revolution

The drive for greener cars

2. New Mobility company analysis

CASE readiness analysis

Financial strength analysis

Future mobility readiness analysis

Individual company analyses

3. Appendix

4. What is this Report About?

5. Contact Us

6. If you have any more questions regarding our research, please contact us

Frequently Asked Questions

The top companies operating in the new mobility and electric vehicle EV landscape are Apple, Baidu, Byton, Cruise Automation, Didi Chuxing, Evelozcity, Faraday Future, Fisker, JD, Karma, Lucid, Lyft, Mahindra, Nikola, Nio, Peloton, Rivian, SF Motors, Singulato, Tesla, Uber, WM Motor, Waymo, Workhorse, and Xiaopeng.

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