2030 Vision of the Automotive Industry

2030 vision of the automotive industry

Sumary of 2030 Vision of the Automotive Industry:

  • Subtrends and service markets related to these Mega Trends are shaping the industry’s future and creating new business opportunities for original equipment manufacturers (OEM), suppliers, mobility participants, and start-ups.
  • utm_source=GNW By 2030, the automotive ecosystem can expect to see major market consolidations and partnerships.
  • OEMs emphasize hyperpersonalization, convenience, and individual well-being with technologies such as biometrics, in-vehicle entertainment and commerce, and cloud-based data analytics.
  • In addition, the battery recycling industry and circular economy concept are evolving in tandem with the growth of the electric vehicle market.
  • The second-life battery market is expected to expand as well, with diesel vehicle sales gradually declining.

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