Frost & Sullivan's Four Predictions for the Automotive and Transportation Industry

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• Publié par: frost-sullivan
• Nombre de lectures: 5
• Langue: English

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Frost & Sullivan's Four Predictions for the

Automotive and Transportation Industry

PR Newswire

LONDON, May 31, 2012

-

Key market highlights, global and regional hot spots of the industry,

and areas of convergence in a new analysis

LONDON

,

May 31, 2012

/PRNewswire/ -- Frost & Sullivan released the results

from its customer survey with several hundred companies conducted in

December 2011

, executed to find out the top predictions for 2012 for the global

automotive and transportation market. Market growth in all regions except

Europe

, accelerated introduction of plug in hybrid and battery electric vehicles

due to increasing fuel prices, mobility and integrated transportation as well as

the integration of the smart phone with dedicated application stores and

innovative HMI concepts will be the key topics in 2012 and beyond.

"Data and opinions of key stakeholders, combined with analysis and

commentary from Frost & Sullivan industry experts, have been used to present

key market highlights, hot growth topics, global and regional hot spots, areas of

market convergence, and bold predictions for 2012," explains Krishnasami

Rajagopalan, Global Programme Manager Automotive & Transportation at Frost

& Sullivan.

The themes outlined below are the key industry predictions in Frost & Sullivan's

automotive and transportation research programme for 2012. Another key

driver for the research is the work Frost & Sullivan has been conducting around

Mega Trends which are driving new and emerging market segments for key

industry participants.

According to the survey, automotive and transportation industry participants

expect that the auto market in 2012 will grow in all regions of the world by 5 –

10 per cent except

Europe

, where it is estimated to decline by 7 – 8 per cent.

It is also expected that increasing fuel prices will accelerate the introduction of

plug in hybrid and battery electric vehicles. In 2012 alone, the industry will

witness about 15 new electric vehicle launches in the global market.

Mobility and integrated transportation are going to be the key trends defining

the long term strategy and outlook of the automotive industry. New business

models such as car sharing and integrated urban mobility as well as electric

vehicles will create new business opportunities.

Transport companies like NS (Nederlandse Spoorwegen) in

the Netherlands

and

leasing companies like LeasePlan have already started to offer integrated

mobility services to its customers and regard them as a channel to generate

recurring revenue and a tool to increase the penetration and customer

satisfaction.

From a technological point of view, integration of smartphone will also help

bring seamless connectivity inside cars, driving the next gen connected

infotainment services and auto centric application stores. In car connectivity

plays a crucial role in connected navigation, offering services like eco driving,

dynamic routing, real time traffic information and plethora of other services

which are crucial for offering an effective integrated mobility solution. With the