For the past few years, the automotive industry has been experiencing a great deal of change. It is adding more software to the vehicles, alongside producing a significant number of autonomous and electric ones. There was a time when all you had to do was look under the hood to fix your car, but it was no longer that simple. Modern automobiles feature a great deal of software, keeping your safety and convenience in mind, and so, it is crucial to learn about them to keep pace.
Here are some emerging automotive trends emerging in the automobile industry sector in 2021:
Artificial Intelligence (AI)
The future of the automotive industry is full of AI technologies such as deep learning, computer vision, and machine learning. Today, most cars have AI guides that provide safety and help drivers with fleet management, insurance, and inspection. It finds applications in automotive manufacturing, production rate, acceleration and keeps the costs low. Plus, there is a chatbots feature that bids hand in deducing efforts along with answering your queries.
The connectivity aided by AI creates room for tracking vehicular data quickly and thus build a mobile ecosystem. People slowly realize that automatic self-driving cars are the future that will transform how you communicate with your vehicle.
Autonomous Vehicles (AV)
Also known as self-driving vehicles, autonomous cars aim to reduce the requirement of human drivers, thus making their everyday commute a little better and relaxed. These vehicles enlarge the scope of last-mile deliveries, lessen downtime, and make transportation safer. AVs are equipped with advanced technologies, such as AI-enhanced computer vision, to foresee hurdles along the route. It helps avoid accidents caused due to the driver’s negligence or fatigue.
Accidents may also occur due to poor vision, so contact tail lamp suppliers immediately if your car’s lighting is outdated.
Electric vehicles are probably among the most prominent trends that are here to stay for a long time. It started with a few, but now numerous brands sell electronic vehicles for the convenience of drivers and the safety of everyone around them. The major carmaker among them is Toyota that enjoyed success with its Prius model, followed by Tesla, Porsche, and Audi. Many brands have even launched Motability cars that are perfect for people with disabilities.
This technology has inspired many startups to explore solutions for fully electric mobility as we move towards an emission-free industry.
Gone are the days when people used to get excited about how many litres the engine parts displaces, as now they get fascinated about how large the infotainment screen is. Today, features like Wi-Fi have become a necessity for every car owner. They want to listen to music, access social media, talk to friends, and use other applications while driving behind the steering wheel.
Most vehicles nowadays have tamper-proof digital identities that set them apart from the other vehicles on the road. It thus allows easy tracking of vehicular data for fleet management, insurance, predictive maintenance, and driver safety purposes. Thus, sharing the vehicular data not just helps the individual but the entire mobility ecosystem.
In the generation of advanced data analytics, the decisions taken by a specific vehicle in its life cycle are shared over an extensive network. The information collected from the vehicles notifies the managers about the fleets and qualifies predictive maintenance. Predictive analysis allows car manufacturers to make decisions on their annual sale purchase and production target. It also alerts the authorities in the case of an emergency such as an accident.
Additionally, the automotive customer data helps improve supply chains, increases sales and the upcoming production design.
Internet of Things (IoT)
IoT allows vehicles to carry out safe and secure interactions among them. It helps in improving road safety, reduces pollution, resolves traffic congestion, and spreads energy with better fleet management. All the emerging companies and startups today employ this feature to allow car owners to understand better and comprehend their surroundings.
The real-time data collected via IoT offers excellent value-added services to the drivers, such as traffic hazards and road conditions. However, carmakers need to manage this feature logically and reasonably, including thorough testing, rightly deploying software, and tracking it to keep a record.
With the spike in demand for computing in the automotive sector, a massive amount of collective innovating is taking place in terms of data capacity, data pipelines, computing capacity, and analytics based on algorithms. Companies are fulfilling computing needs addressed by cloud and hybrid models by providing access to increased capacity on demand.
While cloud providers are funding significant R&D resources in this area, companies partner with them to introduce innovation properly.
Blockchain is like a network that allows several applications in the automotive industry to share data of the vehicle. The information is shared to a secured network to enable connectivity and shared mobility solutions like deliveries, ride-hailing, and urban transportation. Furthermore, it confirms the supply chain of spare parts, thus ensuring that you receive the raw materials in a trusted, legal, and safe source.
This feature can be a vital cog in the car ownership experience.While various other trends are quickly gaining popularity around the globe, technologies like driver’s exhaustion, lack of sleep, and heart rate tracking are making up the present cars.
The above automotive industry trends reveal data-centric technologies playing a crucial role in the future of the sector. AI-based inspections, additive manufacturing, big data, and human-machine interfaces are reinventing the manufacturing processes for automotive players. Shared ownership, safety improvements, and analytics-driven maintenance allow startups and emerging companies to develop secure communication over a network.
Furthermore, the introduction of electric or driverless cars is strengthened by employing IoT and machine learning. We hope the above list has scratched the surface of this year’s emerging trends in the automobile sector.