Eightysix percent of respondents in this years global survey feel market growth in emerging nations is an important trend a view shared by auto executives from. Automotive industry research reports, data and analysis covering the manufacturing, supply, production, distribution, sales and aftermarket sectors. Digital ad spending in germany, by industry, 2017 billions digital ad spending outlook. The auto industry must find a way to balance accelerating innovation and financial survival. In 2019, the auto sector listed turnover of eur 435. Eight mega trends shaping the global light vehicle industry this is an executive summary of a detailed analysis conducted by eys global automotive center. Auto industry trends for 20 out with the old and in with the new published.
In this study, we describe the factors influencing the sector leading up to 2030 in the key us, europe, and china markets. Indirect impact of the automotive industry on gdp is strengthened through related industries, provided by orders from the automotive industry. Total media ad spending in germany, by media, 20172021 billions internet users in germany who agree that they trust news content accessed via select media, feb 2017 % of respondents. A report by rncos 20068 has also analyzed the automobile industry for the period of 2005 to 2010 and give points to help explore the opportunities that the automobile sector presents.
A comprehensive study of performance of indian automobile. Automotive plastics market size, share and statistics. Ai, connected devices, autonomous platforms, vr and robotics are in demand. Automotive collision repair market size estimated at around usd 283. Automotive industry in spain key figures ii 5 made in spain vehicle exports increased by 8. We cover news and statistics from sema, aasa, can and the auto care association, as well as other news on the auto parts industry. Learn the latest automotive aftermarket trends for 2020, with our interpretation and analysis. The concept of what a car is for is drastically changing. Automotive collision repair market statistics global report. Global sales of passenger cars are forecast to fall to 59. Eight mega trends shaping the global light vehicle industry ey. In the next few years, the stagnant european market will force some oems to adjust their strategies. The industry sits proudly at the forefront of the domestic manufacturing industry as one of the leading contributors to the economy and the community.
We believe the disruptive technologydriven trends have the potential to fundamentally change the rela. With the dual impact of industry internal changes and the external economic environment, market concentration has been further accelerated. Trends and outlook of the auto electronics industry deloitte. Global composite materials shipment in automotive industry was estimated at 3. Opportunity and challenges in automotive composites industry. Jan 05, 2015 after the best sales year since 2006, the u. Pdf changing structure of indian automobile industry.
A better economy, rising consumer confidence and easier. China could become the leading market for the transformation of the automotive industry. Faurecia one of the biggest suppliers of seating and related components to the automotive industry, faurecia, is. Recent trends in prices of cars, 2008 to 2012 18 table 2. It was the largest producer of twowheelers across the globe in 2019. Estimated turnover in 200910 in different subsectors 19 table 2. Irans automotive industry is the third most active industry of the country, after its oil and gas industry, accounting for 10% of irans gdp and 4% of the workforce 700,000 person. India automobile industry sales by type 2019 statista. Five trends transforming the automotive industry pwc. Please contact the automotive professionals on the back of this document for more indepth information. Globale automobile trends ausblick 2020 automotives one of the leading engines of innovation di hanno miorinidi hanno miorini robert bosch ag wien. Automotive aftermarket industry trends, size, growth forecast.
The role of the automobile industry in the economy of. Stakeholders across the industry are being impacted by fast. Discover how were helping the automotive industry transform to win tomorrows customer. Global automotive aftermarket industry key players, share, sales, revenue, industry size in terms of volume with regional outlook is analyzed in this report. Eight mega trends shaping the global light vehicle industry. Automotive strategists evaluating expansion plans in china this year should pay close attention to automotive capacity utilization and developments in. Urban areas are destined to see the widespread proliferation of shared and electric vehicles. Development of thailand automotive industry 227 chapter 3 evaluation on thailand automotive industry master plan 2007 2011 31 1. The automotive industry in the developed countries is the leading branch of machine building. Lightweight automotive seating structures concepts and challenges. Iran developed a significant automotive industry with annual production of up to 200,000 units under the mohammad reza shah pahlavis regime. Increase in number of motor cycles on road and annual sales 20. We also look at the impact of coronavirus and covid19 on the auto industry. How this plays out will be critical for component manufacturers and the supply chain.
The automotive sector provides direct and indirect jobs to. The auto industry s most important industry segments include commercial vehicles and passenger cars. Being one of the largest automotive sectors, india had over 230 million registered vehicles in 2016. For more details on these emerging automotive industry trends, download the full report. It also describes how the automotive industry should restructure itself in terms of volume, scale, and complexity. The us auto industry is one of the most important industries and economic sectors in the united states. The new profits will come mainly from growth in emerging markets and, to. Q3 2010 q3 2011 q3 2012 q3 20 q3 2014 q3 2015 q3 2016 q3 2017 q3 2018 q3 2019 newvehicle average transaction price 3yearold used average transaction price. Through mathematical modeling of key performance indicators and demographic trends, the paper discusses. Industry outlook the changing landscape of the global automotive. Germany is europes number one automotive market, accounting for around 25 percent of all passenger cars manufactured 4.
To better gauge the impact of growth markets on the global auto industry, its important. The auto industrys most important industry segments include commercial vehicles and passenger cars. New 2020 automotive aftermarket trends you should know. Growing intercity and intracity goods transportation activities will enhance the industry expansion by 2026. The six trends driving change in the automotive industry ey. Meanwhile, penetration of cross industry technology into the automotive industry has further intensified crosssector competition. The convergence of four megatrends electrification, autonomous driving, connectivity and the sharing economy is revolutionizing todays automotive businesses. The automotive industry is crucial for europes prosperity. Major trends reshaping the automotive retail industry mckinsey has combined existing insights on global trends with research on customer preferences, its insights into the automotive industry, and lessons learned from other industries. An independent nonprofit producing industry driven research and fostering dialogue on critical issues facing the automotive industry and its impact on the u. The opportunities for soaring volume growth outweighed the. Kuldip kaur, changing structure of indian automobile industry the vehicle availability b ehind per peo ple increased more than five times durin g 1997 20. The 2020 global automotive consumer study provides insights into how consumer opinion about these disruptive technologies may affect the future of the automotive industry and where automakers are investing to bring these advanced features to market.
Disruptive trends that will transform the auto industry. The automotive industry is the largest industry sector in germany. The australian automotive industry turns australias raw materials of aluminum and steel into highly valueadded goods that are exported to the world. Automotive aftermarket expected to hit usd 1,000 billion market value at 4.
May 11, 2020 the auto industry s most important industry segments include commercial vehicles and passenger cars. Current lightweight trends several interesting new trends have developed over the last couple of years, which can be highlighted by looking at some of the new concepts to have been brought to market during that time. Automotive industry market research and analysis justauto. The automobile manufacturing industry is one of the largest industries within the u.