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The top 10 technology trends in the industry of automobile you cannot miss

Today, if you move with the emerging trend, you need to look at the following top 10 industry trends for automotive, which can help you to grow in your business sector.

The illustrated applications about the 10 technology trends in automotive industry in the year 2021

1. Autonomous Vehicles (AV)
Autonomous vehicles or self-driving vehicles will reduce the need of human drivers so as to change the routine everyday transportation. Fleets of AVs can achieve last-mile deliveries faster, longer and safer, reduce downtime. For example, AVs are installed with advanced recognition technologies kits, such as AI-enhanced computer vision to identify obstacles on the way.In this way, unexpected accidents can be avoided in some way.

2. Connectivity
Nowadays, vehicles come with a durable digital identity that differentiates them from other vehicles in the network. Vehicular data can be easily tracked up for various use cases such as insurance, driver safety, predictive maintenance, and fleet management. 

3. Electrification
The international call for environmental protection results in the accelerated use of  electric vehicles (EVs). The current problems to curb the large scale application will be solved step by step, such as high price, poor battery, inadequate charging infrastructure, fleet electrification, as well as powering renewable energy-based charging grids.

4. Shared Mobility
With connected vehicles,  shared mobility will be a new business model as an alternative to traditional vehicle ownership. This enables mobility-as-a-service (MaaS) and discourages unused vehicles, which will reduce waiting time for fleets and pollution from petrol or diesel vehicles.

5. Artificial Intelligence (AI)
Artificial intelligence technologies such as machine learning, deep learning, and computer vision have been used in robotic automation nowadays. These guide self-driving cars, manage fleets, assist drivers to improve safety and improve services such as vehicle inspection or insurance. AI also has been introduced to  automotive manufacturing so as to accelerate the rate of production and helps reduce costs.

6. Big Data & Data Analytics
Big data gathered from vehicles can help us make decisions through the lifecycle of a vehicle. Big data analytics enables predictive maintenance, informs managers about their fleets, and alerts concerned authorities in case of accidents. Also, the customer data can drive sales, optimize supply chain and improve product design for newest vehicles.

7. Human-Machine Interface
As self-driving cars and connected cars can greatly change how drivers interact with vehicles. Human-machine interfaces (HMI) use voice-based or haptic feedback to operate vehicles. HMI interfaces make the driving experience safer and more enjoyable. Another form of HMI includes smart virtual assistants who help drivers and riders interact with the vehicles and other service providers.

8. Blockchain
Blockchain technology can achieve sharing vehicle data over a secure network for connectivity and shared mobility solutions such as ride-hailing, urban transportation, and deliveries. Besides, it can help verify the supply chain of spare parts or making sure that the raw materials and spare parts are sourced from legal and trusted sources.

9. Additive Manufacturing based on 3D printing technology
Firstly, it enables rapid prototyping with 3D printed models that accelerate the design and testing phases of production. Secondly, it allows manufacturers to print spare parts to match their requirements before mass production begins. Thirdly, additive manufacturing of composite materials can make automotive parts  lighter, stronger, and more durable.

10. Internet of Things (IoT)
IoT technology enables secure communication between vehicles as well as vehicles and infrastructure components. The technology improves road safety, reduces traffic jams, and reduces pollution and energy expenditure with better fleet management. More and more companies develop advanced sensing technologies to gather more data about the vehicle so as to allow the vehicle to understand its surroundings. The technology can also achieve automated payments for fuel and tolls.

We hope that you are attracted by the futuristic prospects of the automotive industry trends in the year 2021.Be prepared for more such eye-catching technology developments that might happen in near future in the automotive industry.
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