At the annual meeting of the original equipment suppliers association in detroit, michigan, executives from leading automotive original equipment manufacturers and suppliers provided an economic and operational analysis of the global automotive industry overall, panelists expressed strong. Future of automotive industry - articles, videos and presentations on the future of the auto industry by futurist conference keynote speaker patrick dixon there are many key trends which will impact automotive manufacturers, wholesalers, retailers, customers and drivers over the next decade. Industry insights the global automotive glazing market size was estimated at usd 2305 billion in 2016 growing demand for lightweight automobile components with superior impact resistance and corrosion protection is expected to propel growth. History, early 20th century, the automobile industry grew rapidly into a global industry with the introduction of new technologies and trendier car models recession started in the whole world in the late 2007 had profound impact on automobile industry in global world dropped dramatically in 2008.
Kpmg's global automotive executive survey 2017 2017 kpmg international cooperative (kpmg international) kpmg international provides no client services and is a swiss entity with which the independent member firms of the kpmg network are affiliated. Second, only to utilities, the automotive industry is the most data-driven industry in the world intelligent vehicles collect data about drivers, destinations, routes, traffic patterns, etc. The global automotive industry is ready for disruptive trends owing to the high technological advancements and product innovation in the recent past the automotive industry stands to gain an additional 30% revenue worth $15 trillion with the growth of data and mobility services within the next five years.
The us automotive industry is fresh off of a record breaking sales year in 2016, with over 175 million cars soldglobally, the auto industry is experiencing its largest growth in developing and emerging economies. The global automotive industry is growing at cagr xx% till 2020, following increasing demand from emerging economies, low shale oil prices, and increasing middle-class income in 2016, according to oica statistics, a total of xx million vehicles were manufactured, an increase of xx% compared to 2015. Automotive industry issues and trends the automotive industry is characterized by intense competition, a sharp focus on cost and regulatory oversight with an ongoing trend towards global sourcing and distributed manufacturing and assembly operations.
Global automotive chip market: snapshot automotive chips are utilized for the observing and controlling of different capacities in a vehicle such chips utilize calculations to explain different assignments and makes the driving background significantly less demanding for the driver. Ey refers to the global organization, and may refer to one or more, of the member firms of ernst & young global limited, each of which is a separate legal entity ernst & young global limited, a uk company limited by guarantee, does not provide services to clients. Automotive hvac market 2018 global industry report provides comprehensive information on the automotive hvac market size, share, trends, growth forecast as well as current scenario, historic data, with business development strategies, key company insights and regional outlook to 2023.
Automotive industry current trends global vehicle ownership per capita in 2010 was 148 vehicles in operation per 1000 people the united states has the largest fleet of motor vehicles in the world, with 2398 million by 2010. Automotive hvac market 2018 global industry report provides comprehensive information on the automotive hvac market size, share, trends, growth forecast as well as current scenario, historic data. Stefan issing, global industry director--automotive, ifs | feb 09, 2017 the automotive industry is set for major disruption in 2017 alternative fuels, new lightweight materials and innovative technology are transforming the manufacturing process as well as the cars we drive. The typical car on the road in the us is a record-high 115 years old even though the average age is skewed by the fact that the average age of vehicles decreases due to new vehicle purchases, the old vehicles on road last even longer and need more tires in their lifetime.
Technology trends and drivers in the global automotive industry richard wallace, director, transportation systems analysis center for automotive research. Global auto suppliers are on the march to new markets, and a majority see the global economy having a positive impact on their businesses for automotive suppliers, the attraction of expanding globally may differ depending on whether they serve oems or the aftermarket. The indian auto industry became the 4th largest in the world with sales increasing 95 per cent year-on-year to 402 million units (excluding two wheelers) in 2017 it was the 7th largest manufacturer of commercial vehicles in 2017. A look at trends and statistics in the automotive aftermarket industry the global automotive aftermarket industry is expected to reach $7228 billion by 2020 today's consumers are keeping their vehicles longer and are more aware of the importance of preventive maintenance and scheduled servicing to maximize the lifetime value of their vehicles.
With car sales headed for a fourth year of growth in 2014, automakers should be uncorking the champagne by the time the year concludes, total sales are expected to approach 165 million units. Just-auto is the online resource for the automotive industry packed with the latest global automotive industry news, analysis and research, just-auto gives automotive industry executives the. Automobile audio equipment is a device connected in a vehicle providing in-vehicle entertainment and information to driver and passengers the automobile audio equipment system gives integrated support and enhanced solutions to the users and replace the need for multiple products such as navigation system, music system and others.