The global automotive industry stands on the brink of unprecedented change. Unstoppable megatrends that reflect a confluence of factors – economic, demographic and technological – are set to reshape the industry over the next decade. New markets will rise and new technologies will emerge to meet the challenges ahead.
As the long-standing editor of automotive industry commentators just-auto.com, Dave Leggett is ideally placed to survey the emergence of megatrends that are reshaping the automotive industry. They are driven by new imperatives – such as tighter regulatory standards due to climate change concerns and new personal connectivity innovations - as well as the familiar ones that have driven the steady growth of car markets and the automotive industry over the past century.
Extract: “The traditional car ownership model that has served the auto industry so well for the past century is far from dead. However, we are seeing some important changes in the transportation market - especially in urban areas - and participants in that market, including suppliers, need to be acutely aware of future pressure points and how their business can be impacted.”
This 56-page report explores eight vital megatrends that are already having profound effects on the automotive industry, and that will continue to dominate the global conversation:
• Urbanisation and the rise of megacities
• The multi-polar world and emerging economies
• Industrial consolidation - OEMs and suppliers
• The drive for greener cars
• The proliferation of new business models
• ADAS (advanced active safety systems) and autonomous cars
• Connected cars and connected people
• The digital retail revolution
In this exclusive report, Leggett offers a top-level view of these megatrends at work. Moreover, he also includes an assessment of how companies – vehicle manufacturers and automotive component suppliers - need to act now to strategically address the changes that are coming.
Increase your understanding of the unstoppable megatrends that will forever change the face of the automotive industry - buy this report today.