Trends in Automobile Innovation

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Presentation transcript:

Trends in Automobile Innovation

Digitization, increasing automation, and new business models have revolutionized other industries, and automotive will be no exception. One of the great driving forces in Automotive right now is the integration of new technologies and others that were once considered too expensive for consumer application. Digital technology augurs change for the industry’s economic model.

Radar Capability Radar capability that used to be bulky and $100,000+ is being designed in smaller form for automotive and drone vehicles. While costs could limit the immediate usability in the automotive industry, as the technology becomes more cost effective, it will become a realistic component for automakers.

Autonomous vehicles In the self-driving world safety is an extremely complicated issue for a number of reasons. They can be built with GPS sensing knowledge to help with navigation. They may use sensors and other equipment to avoid collisions.

They also have the ability to use a range of technology known as augmented reality, where a vehicle displays information to drivers in new and innovative ways.

Nanotechnology Nanotechnology applications are slowly emerging in the automotive industry. The key research trends in the automotive industry enhanced by nanotechnology are in car body and window protective layers. It improves fuel cell efficiency It helps in lightweight materials to reduce fuel consumption and production costs.

Innovations Titanium Alloy for Improving Vehicle Fuel Economy Eco-friendly Coatings for Vehicles Nanoboron-based Materials for Automotive Lubricants Polymer Nanofibers for Fuel Cell Production

Mobile Computing From advancements in powertrain performance to the development of power locks and windows, OEMs have looked for ways to gain a competitive edge by applying technology. Today, the focus is mobile. Computing processes are being micro-sized and configured to operate within one centralized component with the ability to connect to internal and external networks, quickly record, process and share data, and handle a heavy workload.

Source https://www.qualcomm.com/news/onq/2016/02/22/how-mobile-computing-driving-future-auto-industry http://www.frost.com/sublib/display-report.do?id=D787-00-29-00-00 http://www.marketscale.com/new-technologies-are-driving-innovation-in-the-automotive-industry/ https://www.weforum.org/agenda/2015/10/5-ways-tech-is-disrupting-the-car-industry/ http://auto.howstuffworks.com/under-the-hood/trends-innovations/5-future-car-technologies.htm

THANK YOU http://www.motgms.co.uk/