Our research has grown to be an industry typical resulting from its longevity, regularity and accuracy and, as a result, is frequently referenced in industry Affiliation point publications, status reports and automotive industry publications.
Most industry gamers and professionals agree the four traits will reinforce and accelerate one another, and that the automotive industry is ripe for disruption. Provided the common understanding that recreation-switching disruption is already within the horizon, there remains to be no built-in point of view on how the industry will glimpse in 10 to 15 many years because of these tendencies.
As it had been with domestic cars, independent fix stores make the WD their to start with alternative every time they want to invest in transmission rebuild kits for Asian automobiles. In keeping with IMR …
When other industries, which include telecommunications or cell phones/handsets, have already been disrupted, the automotive industry has seen very little change and consolidation so far.
This yr, the Mobility World wide Discussion board will likely be held concurrently with "industry times" at the 2025 Detroit Automobile Demonstrate. The 2-day symposium will element C-level keynotes from the entire world’s primary OEMs that will deal with the modifying earth of mobility and transportation, such as the trends and concerns facing right now’s promptly switching auto industry.
By ongoing enhancements in battery engineering and cost, People neighborhood distinctions will turn out to be less pronounced, and electrified motor vehicles are predicted to realize A lot more current market share from regular motor vehicles. With battery expenditures possibly lowering to $one hundred fifty to $200 for every kilowatt-hour in excess of the next ten years, electrified autos will attain Price tag competitiveness with conventional autos, making the most vital catalyst for current market penetration.
In July 2024, we spoke with 500 unbiased automotive repair service retailers about their purchase frequency and use of personal label manufacturers in addition to the reasons why they use personal …
CES has lately highlighted rising tendencies in artificial intelligence, virtual and augmented actuality, and sustainable engineering, which can be appearing much more frequently in today’s modern motor vehicles.
The remaining driver of progress in world automobile revenue is the general favourable macroeconomic improvement, including the increase of the worldwide purchaser middle class.
All round worldwide vehicle revenue will continue on to increase, even so the annual advancement fee is expected to fall from your 3.
Navigating the ongoing storms of disruption while in automotive research the auto industry: tariffs, sluggish EV adoption, China Level of competition
When electric powered cars (EVs) may well deal with A short lived progress charge slowdown, They may be projected to surpass internal combustion motor (ICE) autos by 2036, the identical year We're going to see Peak ICE. This shift will mark a significant turning issue from the automotive industry, driven by advancements in battery technological know-how, including the shift to new chemistries like stable-point out batteries, minimizing battery costs down below $eighty per kWh, and raising battery existence cycles. Additionally, rising environmental awareness will further more propel this transformation.
Launched in 1975, IMR conducts syndicated and proprietary marketplace research experiments that concentrate on the automotive industry including the automotive aftermarket, significant obligation and fleet segments. IMR’s research portfolio and …
Trump extends tariff pause to all USMCA goods Imports from Mexico and copyright which might be compliant While using the trade deal won't be issue to tariffs until finally April two.