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Sponsored: Five ways technology is transforming the automotive industry

E&T

As the automotive sector welcomes new technologies, analysts predict soon-to-come changes “not seen since the Model T Ford rolled into the production line in the early 1900s,” according to market research firm McKinsey. Indeed, automotive innovation is kicking into high gear. Here are five interesting trends worth highlighting.

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Technological Breakthroughs and Shifting Consumer Preferences Fueling Feature on Demand (FoD) Growth in Passenger Vehicles

Frost & Sullivan Manufacturing

By Gautham Hegde, Senior Research Analyst – Mobility As technological advancements reshape the automotive landscape, consumer preferences for greater connectivity, convenience, personalization, and flexibility are driving significant growth in Feature on Demand (FoD) services. By 2030, the global FoD market is expected to generate over $5.2

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European Passenger Vehicle Market Embraces Larger, More Sophisticated In-Vehicle Displays for Enhanced Features and Functionality Support

Frost & Sullivan Manufacturing

This convergence of automotive, technology, and entertainment is pushing the evolution of larger, more sophisticated in-car displays. billion by 2030, highlighting its substantial growth potential. Frost & Sullivan projects the European in-vehicle display market to reach $5.76

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European Passenger Vehicle Market Embraces Larger, More Sophisticated In-Vehicle Displays for Enhanced Features and Functionality Support

Frost & Sullivan Manufacturing

This convergence of automotive, technology, and entertainment is pushing the evolution of larger, more sophisticated in-car displays. billion by 2030, highlighting its substantial growth potential. Frost & Sullivan projects the European in-vehicle display market to reach $5.76

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European Passenger Vehicle Market Embraces Larger, More Sophisticated In-Vehicle Displays for Enhanced Features and Functionality Support

Frost & Sullivan Manufacturing

This convergence of automotive, technology, and entertainment is pushing the evolution of larger, more sophisticated in-car displays. billion by 2030, highlighting its substantial growth potential. Frost & Sullivan projects the European in-vehicle display market to reach $5.76

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North American Automotive Audio Market to Ride on Connectivity Trends

Frost & Sullivan Manufacturing

One such beneficiary is automotive audio technology – basic audio, surround sound, and 3D audio – which, in North America alone, is set to grow from a $3.33 billion in 2030. Growth in the automotive audio market is being propelled by connectivity trends that are supporting continuously improving in-vehicle audio entertainment.

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Diagnostics-as-a-Service (DaaS) Emerges as a Groundbreaking Business Model, Transforming Automotive Diagnostics

Frost & Sullivan Manufacturing

As the automotive industry evolves, so is the need for advanced diagnostic solutions that keep pace with increasingly complex vehicles. Diagnostics-as-a-Service (DaaS) has emerged as a groundbreaking business model offering significant benefits for automotive workshops, dealerships, and collision centers worldwide. billion by 2030.