There has been a growing tendency towards unification in the automotive sector, with the output of motor vehicles resting mainly in the hands of a few large-scale companies and smaller independent manufacturers progressively disappearing. At the same time, where the US was once the clear frontrunner in the automotive sector, other countries such as Japan, South Korea, and those in Western Europe have been very quickly arising as strong contenders. China's rapid growth in vehicle sales for over a decade has taken a new turn with the introduction and adoption of New Energy Vehicles (NEVs).
The automotive industry has been witnessing a sharp shift toward unconventional and alternative fuels, a trend characterized by Tesla's business model. Tesla Motors' game-changing move of focusing on a cleaner, fossil-fuel-free future only signifies the new direction that the automotive sector is headed toward. Market.biz proactive approach identifies early innovation opportunities for clients in the global automotive area. Our new insights on next-generation automotive technologies such as connected cars, vehicle-to-vehicle (V2V), automotive emissions control, hybrid and electric vehicles, autonomous cars, and augmented reality dashboards ensure clients stay at the forefront of innovation.
Our capability goes beyond regular market research to deliver tailored clarification in an industry marked with increasing environment regulations, a shifting landscape of emerging markets and evolving consumer preferences.
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