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Pulished Date February, 2021
ID: 11132
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Top 10 Automotive Technologies Market Segmentation By Technology (Remote Diagnostics, 3D Printing Automotive, On Board Internet Services) - Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2026

Pulished: February, 2021
ID: 11132
Pages: 175

Top 10 Automotive Technologies Market Size, Trends & Growth (2021 - 2026)

Today's vehicles have a tamper-proof digital identity that distinguishes them from other vehicles on the network. This enables easy tracking of vehicle data for various use cases such as insurance, driver safety, predictive maintenance, and fleet management. Sharing vehicle data not only helps the individual customer, but also reviews the entire mobility ecosystem. Autonomous vehicles aim to minimize the need for human drivers and appear poised to transform daily transportation. AV vehicle fleets expand the reach of last-mile deliveries, reduce downtime, and aim to make public transportation relatively safer.

The global top 10 automotive technologies market is expected to grow at a compound annual growth rate of 17.35%, reaching a market size of USD 139.02 billion by the assessment period. The growing demand for luxury vehicles with advanced technologies is driving the market of the Top 10 Automotive Technologies. Additionally, government safety regulations have fueled the growth of automotive technologies.

Recent Developments:

  • Lordstown Motors is touted to change as a publicly traded company with the goal of marketing its commercial electric van, Endurance. And it will do so with more support from General Motors than was previously known, according to financial documents.
  • Based on Autotalks' global V2X CRATON2 / PLUTON2 chipset capable of DSRC and C-V2X, the Unnex SOM-301 is a standalone system-in-module that integrates essential V2X hardware and software components and incorporates V2Xcast technology.
  • Udelv unveiled its new “Newton” autonomous delivery van at CES last week and announced additional pilot programs with customers.

IMPACT OF COVID-19 ON TOP 10 AUTOMOTIVE TECHNOLOGIES MARKET:

The coronavirus pandemic has led to a rapid and severe impact on the integrated automotive industry globally. Symptoms include a halt in Chinese parts exports, large-scale manufacturing disruptions in Europe, and the closure of assembly plants in the United States. This is putting intense pressure on an industry already facing a slowdown in global demand and is likely to lead to support the hike in M&A activity. However, the industry faces a headwind amid the global economic slowdown and the trade war between China and the United States. In addition, there are various other aspects at the regional level that affect the industry growth rate in a particular region. For example, factors such as the increase in GST in motor vehicles and the mandatory implementation of BS-VI engines in all vehicles are responsible for the declining growth rate of the automotive industry in India. While the market has not fully recovered from these new changes, it has been held back sharply by the recent Coronavirus outbreak. The spread of the novel COVID-19 virus around the world has forced factories to close, supply chain disruption, and workforce quarantine. Several automotive companies like Hyundai, Volkswagen AG, Toyota, and Tesla have closed their production plants for a specific period, which has had a major impact on the global auto industry. Asia-Pacific had the dominant share of the global automobile market, and China had about a third of the world's automobile consumption. In addition to China, economies such as India, South Korea, and Japan are also influencing the growth of the auto industry in the Asia-Pacific region. North America and Europe are also home to various automotive companies that contribute significantly to the global automotive industry. However, the recent COVID-19 outbreak has severely affected the automotive industry around the world. China has one of the worst impacts of this virus, as the country was the origin for this pandemic. Several areas in China, including Wuhan and Hubei, that supply about 60% of China's motor vehicle production demand, have been quarantined. This has caused a disruption in the supply chain in the whole world.

Drivers and Restraints of Top 10 Automotive Technologies Market:

Drivers:

The growth in the global market is attributed to the rising need for luxury vehicles and advanced features in both developed and developing economies, the changing trend for autonomous and semi-autonomous vehicles, the increasing call for cell phone-like features in automobiles, and the OEM's preference for safety and advances technologies. Safe driving has fueled the growth of the global top 10 automotive technology market.

Restraints:

GPS is great, but it takes away the sheer pleasure of discovering it. Getting lost is not always scary and can bring unexpected joy. The entertainment options are plentiful, but when you have Wi-Fi hotspots and the ability to stream videos, games, and movies, it's worth a road or car trip. It all takes place on separate entertainment consoles, headsets, and tilted heads staring at blue screens. Car exhaust is a serious danger to the environment and with the number of vehicles on the road, it is a serious problem.

Top 10 Automotive Technologies Market Segmentation:

By Technology:

• Remote Diagnostics
• 3D Printing Automotive
• On Board Internet Services

The Onboard Internet Services segment is expected to grow at the highest CAGR during the outlook period. The growth of the application of Internet services on board is influenced by factors such as the deployment of high-speed connectivity solutions such as 4G and 5G, and the increasing penetration of telecommunications services in the automotive industry. For example, companies like BMW have begun to offer a SIM card integrated with their cars to directly make calls without connecting the mobile to the automobiles.

Top 10 Automotive Technologies Market Region wise analysis:

Marked Segmentation based on the region:

  1. North America
    1. U.S
    2. Canada
  2. Europe
    1. Norway
    2. Germany
    3. Sweden
  3. Asia Pacific
    1. China
    2. India
    3. Japan
  4. Latin America
    1. Brazil
    2. Mexico
    3. Argentina
  5. Middle East and Africa

a. Middle East

b. Africa

The Asia Pacific region is expected to dominate the market for the top 10 automotive technologies and hold the dominant market share in terms of value during the forecast period. Asia-Pacific has made promising opportunities for the car market and innovation suppliers. Rising pay levels and fast urbanization are relied upon to help the market and lead to development in vehicle deals.

Key Players of Market:

Some of the key players are:

  • Intvo
  • Udelv
  • V2x Network
  • Notraffic
  • Lordstown Motors
  • Chargex
  • Launch Mobility
  • Beam
  • Revitsone
  • Apex AI
  • Procon analytics
  • Unit8
  • Awayr
  • Apostera
  • Cube intelligence
  • DAV
  • 9T labs
  • Moi
  • EcoG
  • KonnectShift

1. Introduction                            

          1.1 Market Definition                  

          1.2 Scope of the report               

          1.3 Study Assumptions               

          1.4 Base Currency, Base Year and Forecast Periods              

2. Research Methodology                      

          2.1 Analysis Design          

          2.2 Research Phases                   

                    2.2.1 Secondary Research 

                    2.2.2 Primary Research     

                    2.2.3 Data Modelling        

                    2.2.4 Expert Validation     

          2.3 Study Timeline            

3. Report Overview                     

          3.1 Executive Summary               

          3.2 Key Inferencees          

4. Market Dynamics                    

          4.1 Impact Analysis           

                    4.1.1 Drivers

                    4.1.2 Restaints       

                    4.1.3 Opportunities 

          4.2 Regulatory Environment                  

          4.3 Technology Timeline & Recent Trends                  

5. Competitor Benchmarking Analysis                        

          5.1 Key Player Benchmarking                 

                    5.1.1 Market share analysis         

                    5.1.2 Products/Service      

                    5.1.3 Regional Presence    

          5.2 Mergers & Acquistion Landscape               

          5.3 Joint Ventures & Collaborations                 

6. Market Segmentation                        

          6.1 Top 10 Automotive Technologies Market, By Technology          

                    6.1.1 Remote Diagnostics 

                    6.1.2 3D Printing Automotive      

                    6.1.3 On Board Internet Services  

                    6.1.4 Market Size Estimations & Forecasts (2021-2026)         

                    6.1.5 Y-o-Y Growth Rate Analysis         

                    6.1.6 Market Attractiveness Index         

7. Geographical Landscape                    

          7.1 Global Identity Governance and Administration Market, by Region                   

          7.2 North America - Market Analysis (2018 - 2024)             

                    7.2.1 By Country     

                              7.2.1.1 USA

                              7.2.1.2 Canada

                    7.2.2 By Technology          

          7.3 Europe             

                    7.3.1 By Country     

                              7.3.1.1 UK

                              7.3.1.2 France

                              7.3.1.3 Germany

                              7.3.1.4 Spain

                              7.3.1.5 Italy

                              7.3.1.6 Rest of Europe

                    7.3.2 By Technology          

          7.4 Asia Pacific                 

                    7.4.1 By Country     

                              7.4.1.1 China

                              7.4.1.2 India

                              7.4.1.3 Japan

                              7.4.1.4 South Korea

                              7.4.1.5 South East Asia

                              7.4.1.6 Australia & NZ

                              7.4.1.7 Rest of Asia-Pacific

                    7.4.2 By Technology          

          7.5 Latin America             

                    7.5.1 By Country     

                              7.5.1.1 Brazil

                              7.5.1.2 Argentina

                              7.5.1.3 Mexico

                              7.5.1.4 Rest of Latin America

                    7.5.2 By Technology          

          7.6 Middle East and Africa          

                    7.6.1 By Country     

                              7.6.1.1 Middle East

                              7.6.1.2 Africa

                    7.6.2 By Technology          

8. Key Player Analysis                           

          8.1 Intvo                

                    8.1.1 Business Description

                    8.1.2 Products/Service      

                    8.1.3 Financials      

                    8.1.4 SWOT Analysis         

                    8.1.5 Recent Developments         

                    8.1.6 Analyst Overview      

          8.2 Udelv               

          8.3 V2x Network              

          8.4 Notraffic           

          8.5 Lordstown Motors                 

          8.6 Chargex           

          8.7 Launch Mobility          

          8.8 Beam               

          8.9 Revitsone                   

          8.10 Apex AI          

9. Market Outlook & Investment Opportunities                     

Appendix                         

          List of Tables          

          List of Figures                  

  • Global, Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The segment-level analysis in terms of by type, by application, by end-user, along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographics, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Top 10 Automotive Technologies Market By Region, From 2021-2026 ( USD Billion )
  2. Global Top 10 Automotive Technologies Market By Technology, From 2021-2026 ( USD Billion )
  3. Global Remote Diagnostics Market By Region, From 2021-2026 ( USD Billion )
  4. Global 3D Printing Automotive Market By Region, From 2021-2026 ( USD Billion )
  5. Global On Board Internet Services Market By Region, From 2021-2026 ( USD Billion )

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