The automotive and transportation industry is going through dynamic changes. Regular technological updates across a range of automotive offerings such as HCVs, LCVs, and two-wheelers are the need of the hour.
To thrive in this industry, companies need to address this changing demand with cost-effective solutions while meeting environmental norms and fuel economy pressures. Companies also need to evaluate other related industries such as the fuel and lubricants sectors to ensure the viability of the automotive and transportation industry.
Future Market Insights supports enterprises in the automotive and transportation industry by backing their business strategy with key market insights. We deploy our exclusive research database and industry expertise across engineering, planning, consumers, distribution, suppliers, dealers, and service providers to help enterprises discover the optimal method to drive enhanced profitability and supply chain quality.
Automotive Original Equipment Manufacturers (OEMs)
Automotive OEMs need to constantly respond to changing consumer demand on the vehicle performance and handling front globally. This entails incorporating innovative and reliable technology that supports safety and enhances fuel efficiency.
Future Market Insights (FMI) delivers analysis of different aspects of the Automotive OEM industry: Front-wheel drive (FWD) systems, all-wheel drive (AWD) systems, power transfer units (PTU), electronic limited slip differential systems (eLSD), and other important technologies that define the OEM’s driveline system market strategies. FMI brings together cross-domain intelligence into a single, accurate report to empower clients with latest intelligence.
The global recession of 2007-2009 affected the automotive industry and in turn the auto aftermarket sector, which was visible in the sluggish growth in Europe and U.S. markets. However, improvements in the global GDP encouraged positive forecast for this market. The global automotive aftermarket industry stands to benefit from a large global fleet of vehicles, which offers potential for repair and replacements. A higher consumption of aftermarket parts will prove pivotal in helping consumers retain their vehicle longer. This further provides a good opportunity for the automotive aftermarket sector’s growth.
Future Market Insights (FMI) helps enterprises spot noteworthy trends, drivers, and opportunities to ensure their strategic success in this industry.
Auto Component Suppliers
The global auto component industry has experienced moderate growth during the last few years. The APAC region is expected to emerge as a leading market in the coming years, as a result of its high-demand and low-cost manufacturing processes. The global auto component industry is highly diversified and is composed of various engine and auto component manufacturers. The manufacturing of auto components is shifting gradually towards Asian countries such as India, China, and others due to higher market potential and low-cost manufacturing options.
In China and India, OEMs are more focused on promoting dependable supply chains to improve their own reach across the market. Additionally, the increasing importance of electronics and functional integration of green components and sustainable products will further boost the growth of the industry.
Although the Asia-Pacific region is in a phase of strong growth, businesses need to ensure they understand the demography of this region before making investments. Future Market Insights’ (FMI) intelligence about the key demographic trends of the Asia-Pacific region, combined with competitive analysis and market forecasts, empowers businesses to make sound decisions.
Automotive Vehicle Types
The automotive and transportation sector will witness strong growth in the coming years, which in turn will expand the various segments within the automotive industry. Future Market Insights (FMI) provides the very latest intelligence across various automotive vehicle market segments. FMI’s automotive research services span sectors such as: Passenger cars, commercial cars, heavy trucks and buses, military vehicles, mining vehicles, three-wheeled vehicles, two-wheeled vehicles, and specialty vehicles. The automotive industry by vehicle type is dominated by passenger cars, followed by commercial vehicles.
FMI provides in-depth analysis of the market by automotive vehicle type with market forecasts, trends, and technologies to ensure that clients have the pertinent data to achieve success in their respective sector.
The connected automotive infotainment industry is marked by severe competition, with every car manufacturer trying to outdo others by providing every must-have feature. Simultaneously, automotive application stores are increasingly perceived as an important tool to keep infotainment systems updated through the lifecycle of vehicles.
Future Market Insights (FMI) provides comprehensive data about the automotive infotainment industry. FMI empowers clients with deep insight and recommendations on technologies, market sizing and forecasts, partnership opportunities, and financial challenges.
Gasoline vehicles are leading the APAC region, while diesel vehicles reign supreme in Europe. Natural gas vehicles, battery-operated vehicles, and electric vehicles will gain prominence in the coming years due to their cost-effectiveness. On the other hand, the presence of hybrid vehicles is more established in Europe, North America, and Japan.
Future Market Insights (FMI) understands the consolidated nature of the automotive industry and equips clients with the latest insights about the trends influencing different sectors based on automotive fuel type. With our sharp insights, we empower clients with market intelligence data such as competitor analysis, technological advancements, and market forecasts.