AUTOMOTIVE AND AVIATION
The future of mobility is currently being defined by the convergence of automotive, aerospace, and other advanced technology sectors. Autonomous vehicles, developments in in-vehicle communication, electrification, IoT, and other mobility technologies are all defining the automotive industry’s future. Client preferences are evolving, affecting supply chain management and the future of mobility in general.
The financial crisis has added to the industry’s uncertainty. COVID-19 caused significant disruptions in the sector, including production halts and supply-chain mismanagement. Furthermore, client preferences are changing and evolving as they experience new technologies—such as self-driving cars—that are redefining their relationship with mobility. Autonomous vehicles have raised questions about safety standards and liability issues; developments in connectivity have sparked debates over privacy considerations.
As a result of this convergence, clients are beginning to experience a shift from product ownership to service provisioning. The mobility services market is set to grow significantly in the next decade: from $200 billion in 2015 to $490 billion by 2025.
How we add value:
Our automotive and aviation experts are some of the leaders in the industry with an experience of at least 15+ years having worked on future mobility, automation,electrification etc. We deliver consulting services for connected vehicles,in-vehicle infotainment systems,vehicle electrification, inflight entertainment, aircraft seatings and cabin systems, aircraft bearings, advanced automation, robotics etc. connecting our clients to their customers.This provides our clients with perspectives from not just the manufacturers’ front but also OEMs and aftermarkets.
Our Global network of experts have consulted with automakers, management consulting companies and aviation companies,covering not only the listed topics but also making forecasts on the evolution of industry trends in the foreseeable future on everything from aircraft seats to inflight entertainment systems. As experts in automotive and aviation, we have a history of guiding clients through the various complexities of the connected vehicle and future mobility (including automation and electrification) industries. We’re proud to work with everyone from auto makers to airlines and everything in between.
Featured Insights
Automotive Market Research—A Deep Dive into a Rapidly Transformative Industry
The increasing adoption of Vehicle Electrification, Fuel Cell, Green Hydrogen, and Connected
Electric Car Market Research: The Future of Sustainable Transportation
In contrast to its petrol equivalent, an electric car runs on electricity.
CASE STUDY
Connected Vehicles market
Client Situation:
This automobile manufacturing company wanted to know its potential for connected vehicles across different regions. The company wanted to know about the demand, technology complexity, and customer demands of connected vehicles. They wanted a comprehensive case study on the topic of connected vehicles. The client provided a list of the regions they would like to focus on: Western Europe, North America, China, and India. Each region was analyzed in terms of market need for technology, customer demands, and regulatory concerns. Different vehicle manufacturers were also considered as well as the different technologies that were available for use in these vehicles.
Our Solution:
Given the immense amount of research required to complete this study, our experts from the automobile industry decided to start by compiling our database of all existing technologies and their capabilities in the automotive industry. This database became a key component of the customer needs assessment portion of the case.
In addition to becoming experts in the industry, our team conducted detailed interviews with several executives at leading manufacturers who were working in different divisions such as product development and marketing. This information provided us with an understanding of how connected vehicles fit within their company’s overall plans and helped us conclude what technology would be adopted by which companies and when.
We were able to identify these and other factors influencing the growth of this market by performing extensive research on different aspects of this industry. This included a comprehensive study of the key global market players, along with their product offerings, capacity, production, and revenue. By doing so, we have been able to present a holistic picture of this market to our clients. Our report also provides a detailed analysis of each application segment in terms of its development and revenue forecasts. In addition, our report provides information on important drivers, restraints, opportunities, and challenges pertaining to this industry.
Result:
The company was able to understand the importance of implementing connected vehicle technology in its vehicles. The company conducted a market research with the help of The Expert Point’s report to evaluate the scope of connected vehicle technology in the global marketplace and developed a business strategy to incorporate this technology into its product line. The company went ahead with the implementation of connected vehicle technology in their vehicles and is reaping huge benefits.