Automotive industry is one of the most significant and emerged industries in the world where there is new innovation and changes within the industrial market constantly taking place. Producing cars whose automation is becoming smarter, safer and more sustainable means it is in the domain of ever changing technocentric developments as well as changes of customer needs that automakers are to keep transforming cars manufacturing between. This article will explain some specific forecasts concerning the automobile industry by the year 2025 and the characteristics that will define evolution of this constantly progressing sector of economy.
1. Will market belong to electric and hybrid vehicles?
People globally are turning to cleaner energy solutions to meet their needs and improved battery technology suggests that electric and hybrid automobiles will dominate in the future. A market study reveals that the sales percentage of electric and hybrid cars is expected to rise to 28 percent by 2025 globally while currently, they hold a mere 5 percent stake.
Already, in the realm of auto giants like Tesla, Nissan, or Chevrolet, there have been made a series of electrical cars cheap, efficient and covering further distances than previous models. In addition, many traditional auto makers like Ford, Volkswagen and Volvo have declared that they will release several electric and hybrid cars in the next few years. This trend will only increase even more as firmer emissions and fuel efficiency scores are set across the globe.
2. Called autonomous driving technology will fly to new heights
Intelligent driving technology has become a hot topic in both automotive and technology industries today, despite optimistic trends that claimed that by 2025, fully autonomous autonomous vehicles will be on the roads. New innovative ideas in the area of the sensors, cameras and the artificial intelligence abilities will improve much of these automated cars productivity, making them safe and comfortable to passengers.
In addition, many players across this industry have already exhibited great supporting self-driving functions. For example, in 2018, Tesla launched a self driving capability called “Full Self Driving,” and Alphabet Inc.’s affiliate Waymo is now testing its fleet of self driven Chrysler Pacifica minivans in a number of American cities.
3. The arrival of connected cars is set to trigger change throughout the automotive sector
The next big thing in the auto industry is the provision of an interface between cars and the rest of the world as marked by connected cars. This trend is believed to rise even higher by 2025 especially with the introduction of the 5G network which is expected to enhance vehicles connectivity to the highest level and offer even more enhancement features like real-time traffic information and updates, remote monitoring of profoundly personalized vehicles; and over-the-air software update among etc.
Many car makers are already pursuing projects to improve connectivity in vehicles, still. For instance, the A4 and A5 variant come fitted with the Audi connect technology; features over connectivity that enables online infotainment, navigation and voice control among other functionalities.
4. New standards in entertaining passengers while on-board cars will be established
Smartphones and streaming services have soared with the internet and entertainment businesses highly affected, and unbeknownst to many, so has the automotive industry. Within the next digital generation auto makers, of the year 2025, new era in-car entertainment systems will be focused with advanced sound and video system. Future car models will come with control chips, clear touch screens and impressive sound systems.
Further, there will be an integration of Virtual and Augmented reality in in car entertainment and Information as shown by the figure below. For example, passengers will be able to play a game, have virtual tour of tourist attraction site, or watch a movie whilst in transit.
5. Mobility-as-a-Service (MaaS) is expected to feature increasingly in the future
Mobility-as-a-Service or MaaS is a concept that deals with a combination of services including ride sharing, car sharing and public transport services. This concept is designed to offer individuals better, Greener, and less expensive solutions to personal auto-immune than auto ownership.
MaaS is predicted to take off in the next few years, with the use of on-demand mobility services up by a third by 2025. Services such as Uber, Lyft, and Zipcar have already made ride-sharing and car-sharing common in the market, and governments and private sector players are in the process of integrating public transport data into the MaaS supply.
Conclusion
As we turn the corner into the future of the auto-sector, it can be seen that the notion of technology is far from going away. Embedded automotive electronics, as well as new market initiatives such as electric and hybrid vehicles, autonomous driving technology, connected cars, advanced in-car entertainment systems, and the mobility-as-a-service platforms to capture revenue by 2025. All these innovations are probable to be the key leading to creating the efficient and sustainable transport system, passenger’s safety and comfort as well.
Automobile consumers and companies are gradually embracing these new trends, this makes it highly probable that the automotive industry will gradually improve and evolve over the next few years. According to this it is always important that those manufacturing and consuming the products should remain informed and open to the changes in order to be able to gain every benefit that the industry has to offer.
