Global Automotive 4.0 Market - Industry Trends, Opportunities and Forecasts to 2023
DESCRIPTION The global Automotive 4.0 market is projected to grow at a CAGR of XX% during the forecast period. The market size is expected to be US$XX.XX billion by 2022 from US$XX.XX billion is 2017. Since Henry Ford introduced mass production, the automotive industry has come a long way forward. Currently, the automotive industry is undergoing a fourth industrial revolution which is termed as Automotive 4.0. The automotive industry comprises of cars, buses, trucks, industrial vehicles, and mobile machinery such as mining equipment, forklift among others. The car and related application segment have a significant share in the automotive industry owing to a huge consumer
base.
Automotive 4.0 aims at the convergence of automotive, technology and telecom industry to construct features like automated driving, connectivity and shared mobility and power electrification. Companies around the world are investing in technological advancements for driverless vehicles. For travelling a short distance, companies are focusing on utility pods. Whereas, for long distance and premium vehicles, companies are making advancements in providing better in-car entertainment systems and more leg room. Driverless vehicles would be able to detect other vehicles, traffic signals, curbs and pedestrians. Moreover, these vehicles aim to reduce accidents by providing automation reports, activity reports and hard signal sensors to help counteract mishaps. However, government regulations will impede the growing demand for these vehicles as certain government rules states that a driver has to be present at the driver’s seat. Companies are investing to find a solution to the growing environmental concerns by exploring alternative fuels and power electrification. Power electrification would help conserve fossil fuels and reduce pollution. In addition to it, alternative fuel sources such as ethanol and natural gas are under the trial stage to determine cost efficiency. Evolution of transportation choices of people belonging to the generation Y is motivating the producers and manufacturers to design innovative technologies to fulfil their needs. Mobility-on-demand will drive the demand for this market due to increasing vehicle-to-mobile connectivity. Additionally, the cost of the ride by mobilityGlobal Automotive 4.0 Market - Industry Trends, Opportunities and Forecasts to 2023
on-demand will be lower than taxis, but, higher than public transport. Additionally, the technological advancement in these vehicles will provide vehicle status and operation. In the event of car-jacking, real-time location of the vehicle and alerts to safeguard the owner and relatives will be sent. Remote control of the vehicle would be granted in such circumstances if the regulation of the country allows it. However, with such connectivity advancements, the risk of car hacking would impede the increasing demand for such vehicles during the forecast period. The demand for such vehicles will rise depending on the demographics, market maturity and population density. Demand for such vehicles would be higher in developed economies as compared to developing economies. Mobility-on-demand will be a major driver for this market in the densely populated areas due to cost effectiveness and changes in ownership patterns. Automotive 4.0 offers a wide range of opportunities for companies specializing in car interiors, app developers, web developers, OEMs and start-ups for obtaining a market share at an early stage by providing innovative and cutting-edge products. However, this poses a threat to existing market players as they have to stay up-to-date with recent technological advancements in order to retain their market share. Some of the major players discussed in this report are Apple Incorporation, Microsoft Corporation, Tesla Incorporation, Toyota Motor Corporation, and Chevrolet among others. Segmentation The global automotive 4.0 market is segmented as technology, end-user industry and geography.  By application: o Autopilot o Connectivity o Power Electrification o Others
Global Automotive 4.0 Market - Industry Trends, Opportunities and Forecasts to 2023
By end user industry: o Enterprises o Personal o Others By geography: o North America o South America o Europe o Middle East and Africa o Asia Pacific Key questions answered by the report What will be the global Automotive 4.0 market size from 2017 to 2022? How are the major drivers and restraints affecting the global Automotive 4.0 market and the opportunities which exist for key vendors? Which segment and region will drive or lead the market growth and why? A comprehensive analysis of competitive landscape and key market participants’ behaviour Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Global Automotive 4.0 Market - Industry Trends, Opportunities and Forecasts to 2023
TABLE OF CONTENTS 1. Introduction 1.1. Market Definition 1.2. Scope of the Study 1.3. Currency 1.4. Assumptions 1.5. Base, and Forecast Years Timeline 2. Research Methodology 2.1. Research Design 2.2. Secondary Sources 2.3. Validation 3. Key Findings of The Study 4. Market Dynamics 4.1. Drivers 4.2. Restraints 4.3. Opportunities and Market Trends 4.4. Market Segmentation 4.5. Porter’s Five Forces Analysis 4.5.1. Bargaining Power of Suppliers 4.5.2. Bargaining Power of Buyers 4.5.3. Threat of New Entrants 4.5.4. Threat of Substitutes 4.5.5. Competitive Rivalry in the Industry 4.6. Industry Value Chain Analysis 4.7. Industry Regulations 4.8. Scenario Analysis 5. Global Automotive 4.0 Market Forecast by Application (US$ billion) 5.1. Introduction 5.2. Autopilot 5.3. Connectivity 5.4. Mobility on Demand
Global Automotive 4.0 Market - Industry Trends, Opportunities and Forecasts to 2023
5.5. Power Electrification 5.6. Other 6. Global Automotive 4.0 Market Forecast by End User(US$ billion) 6.1. Introduction 6.2. Enterprises 6.3. Personal 6.4. Others 7. Global Automotive 4.0 Market Forecast by Geography (US$ billion) 7.1. Introduction 7.2. North America 7.3. South America 7.4. Europe 7.5. Middle East and Africa 7.6. Asia Pacific 8. Competitive intelligence 8.1. Market Share Analysis 8.2. Strategies of Key Players 8.3. Recent Investments and Deals 9. Company profiles 9.1. Apple Incorporation 9.1.1. Overview 9.1.2. Financials 9.1.3. Product and Services 9.1.4. Key Developments 9.2. Microsoft Corporation 9.2.1. Overview 9.2.2. Financials 9.2.3. Products and Services 9.2.4. Key Developments 9.3. Fiat S.p.A. 9.3.1. Overview 9.3.2. Financials
Global Automotive 4.0 Market - Industry Trends, Opportunities and Forecasts to 2023
9.3.3. Products and Services 9.3.4. Key Developments 9.4. Tesla Incorporation 9.4.1. Overview 9.4.2. Financials 9.4.3. Products and Services 9.4.4. Key Developments 9.5. Toyota Motor Corporation 9.5.1. Overview 9.5.2. Financials 9.5.3. Products and Services 9.5.4. Key Developments 9.6. Chevrolet 9.6.1. Overview 9.6.2. Financials 9.6.3. Products and Services 9.6.4. Key Developments 9.7. Bavarian Motor Works 9.7.1. Overview 9.7.2. Financials 9.7.3. Products and Services 9.7.4. Key Developments 9.8. Mercedes-Benz 9.8.1. Overview 9.8.2. Financials 9.8.3. Products and Services 9.8.4. Key Developments 9.9. General Motors Company 9.9.1. Overview 9.9.2. Financials 9.9.3. Products and Services 9.9.4. Key Developments
Global Automotive 4.0 Market - Industry Trends, Opportunities and Forecasts to 2023
9.10. Honda Motor Company Limited 9.10.1. Overview 9.10.2. Financials 9.10.3. Products and Services 9.10.4. Key Developments
Global Automotive 4.0 Market - Industry Trends, Opportunities and Forecasts to 2023
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Global Automotive 4.0 Market - Industry Trends, Opportunities and Forecasts to 2023