Autonomous vehicles, connected cars, and additive manufacturing are some of the hottest technologies in the automotive industry. Advancing machine learning and safety improvements are also strengthening the driverless car movement, and startups are developing solutions that allow vehicles to communicate with each other. The next decade will be filled with more upcoming innovations and trends in the automotive industry. But before we jump into the predictions, let’s take a look at the most exciting technologies currently on the market.
Today, car manufacturers are trying to keep pace with the increasing pace of technology in the mobile world. Connectivity in the automotive industry is an increasingly important part of self-driving technology. This technology can increase vehicle safety and comfort, as well as allow the car to communicate with its surroundings. However, despite these benefits, car connectivity also poses a number of challenges. While the basic vehicles will continue to represent a large portion of the vehicle parc, a number of technology companies are vying for their business through mobile online services.
ADAS, or advanced driver assistance systems, are becoming an increasingly common feature on vehicles. These technologies have been around for 50 years and were first introduced in anti-lock brakes. Later, ADAS systems began to include traction control and electronic stability control, as well as blind spot information systems, lane departure warnings, adaptive cruise control, and more. By the year 2025, nearly 46% of new vehicles sold in Europe will have ADAS systems. By 2025, European vehicles will be at the forefront of ADAS adoption. By 2035, the first fully autonomous vehicles will likely hit the roads.
The automotive industry is moving rapidly to make electric vehicles more affordable. The development of a cheaper battery is allowing costs to decline and the production of a fully electric car is expected to reach parity with gas-powered vehicles within five to seven years. The full-electric car will eliminate the need for hybrids and will become on-trend within the next few years. This trend would also help the automotive industry address the inevitable depletion of fossil fuels. By the year 2050, it is estimated that up to 60% of new vehicles will be electric.
It is very important to know about vehicles and spare parts supply . As the automotive industry moves toward fully autonomous driving, several companies are making their presence known in the autonomous vehicle industry. AutoX, for example, has developed a self-driving platform that is capable of operating various sized cars. It is currently operating in the Chinese cities of Shenzen, Shanghai, Wuhan, and Wuhu. Another company, WiTricity, has developed a wireless charging station for cars. Its magnetic resonance technology lets a user park in a designated parking spot and begin charging immediately.
Three-dimensional printing in the automotive industry has several advantages for manufacturers. This new technology speeds up development and reduces costs. Many automotive enterprises have already begun using 3D printing to manufacture different parts, including seats for racing cars and tools for supply chain management. Despite the challenges of implementing 3D printing in this industry, this technology can help manufacturers significantly cut production costs and improve the performance of their products. Let’s look at some of the main benefits.