Automotive & Transportation
Automotive & Transportation Market Research Reports and Industry Analysis
The global automotive and transportation industry is characterized by constant innovation leading to integration of various advanced technologies aimed at increasing convenience and safety of consumers and goods. Intelligent cars, believed to be precursors to autonomous vehicles, have established a marked presence in the industry. This is mainly attributed to their various features such as self-braking, automatic cruise control, parking assistance, accident avoidance systems, electronic throttles and engine controls that significantly enhance user experience.
Industry Current Evolving Trends:
Crossover vehicles, car sharing, IOT enabled connected cars, cloud powered automotive industry, improved pricing with blockchain capabilities, 3D Printing, electric cars and autonomous vehicles are few major evolving trends in automotive and transportation industry.