Discover the mind-blowing automotive industry trends, new technologies and innovations that reveal a lot about the future of automation and related applications.
As we are moving ahead, the automotive industry is slowly embracing new technologies and innovations to improve their output and stay relevant and competitive by meeting the growing needs of the customers.
Automotive manufacturers are gradually incorporating technologies like Artificial Intelligence, human-machine interface, Internet of Things (IoT) and many more to enable future vehicles to be more secure, smart and efficient.
Today, we bring to you the key automation trends and innovation that will change the face of the automotive industry in the coming years.
Autonomous vehicles
Autonomous vehicles (or AVs) refer to the self-driving cars that aim to transform the transportation experience by minimizing human interference. AVs will be equipped with the latest AI technologies like advanced recognition of the obstacles, real-time location tracking, pedestrian prediction, and many more. Autonomous vehicles have several advantages such as reduces downtime, expands the scope of last-mile connectivity and makes public transportation safer and accessible by eliminating factors like driver negligence or fatigue.
Electric Vehicles
Electric vehicles are a much safer and environment-friendly option for the people to adopt in future. Powered by renewable energy sources, EVs are more cost-efficient and easy to maintain. To increase the adoption rate of electric vehicles, automakers need to address issues like high vehicle price, battery performance and infrastructure-related concerns like charging facility and power grids.
Shared Mobility
Shared mobility is a new business model that enables mobility-as-a-service (MaaS) and is an alternative for traditional vehicle ownership. This new trend will fulfil the transportation and commutation requirements of the city without increasing the number of unused vehicles. Shared mobility is a great solution to reduce pollution caused due to vehicular emission, minimize the traffic problems and waiting time.
Connectivity
Connectivity solutions establish a unique digital identity of the vehicles that are different from other vehicles. It enables easy tracking of the data related to the vehicles like insurance details, driver safety, fleet management and predictive maintenance. This vehicular data sharing allows tracking all the necessary vehicular information and recording them in the mobility ecosystem.
Artificial Intelligence
The automotive industry is gradually deploying artificial intelligence solutions like machine learning, computer vision, deep learning, and other automation technology. These technologies aim to manage and guide autonomous vehicles, assist drivers for avoiding any negligence and improving safety and also to provide several in-vehicle infotainment solutions. Introduction of AI solutions in the auto industry will enhance the efficiency of vehicles on the road and help to reduce costs.
Big data and data analytics solutions enable users to track and manage data to make decisions in real-time such as for managing fleets, accident alerts, predictive maintenance, etc.
Internet of Things (IoT)
Internet of Things solutions in the automotive industry, ensure secure communication between vehicles and amongst vehicles and infrastructure components. IoT technologies improve road safety, ease the problem of traffic congestion, keep pollution levels in control, checks energy expenditure and allow better fleet management. This technology also uses sensors to enable vehicles to check their surroundings and gather more data. IoT solutions also automate payments for fuel and tolls.
