Today's economies are dramatically changing, triggered by development in emerging markets, the accelerated rise of new technologies, sustainability policies, and changing consumer preferences around ownership. Digitization, increasing automation, and new business models have revolutionized other industries, and automotive will be no exception. These forces are giving rise to four disruptive technology-driven trends in the automotive sector: diverse mobility, autonomous driving, electrification, and connectivity.
Toyota has rocked the auto industry by announcing that it is opening to the public 5,680 of its patents related to fuel cell technology for royalty-free use.
A recent IHS Automotive analysis of user interfaces in future automotive infotainment systems finds increased global commonality and complexity. Technologies and features developed by automakers and suppliers have heavily focused on designing interfaces that users can understand quickly and operate efficiently. The Multi-Modal Interface Concept is a major growth driver in building new and innovative human-machine interface (HMI) platforms, according to the analysis by IHS Automotive.
The 3D printing market is expected to quadruple over the next decade to $12bn, moving from its main use today of creating prototypes to the most complex of production parts, according to Lux Research.