Automotive

Automotive

  • The global automobile manufacturing industry was estimated to be worth around 2.7 trillion US dollars in 2021. The market is expected to expand to around 2.8 trillion US dollars by 2023.
  • In 2030, electric vehicles are predicted to account for 26% of new auto sales worldwide, with around 58 million new self-driving cars added to the global fleet that year.
  • China is one of the world's greatest vehicle marketplaces, both in terms of sales and manufacturing.
  • Autonomous Vehicles (AVs),Vehicle Connectivity, Electrification, Shared Mobility, AI, Big Data & Analytics, Human-Machine Interfaces are some of the most important trends in the automotive industry