NEW YORK, Sept. 19, 2018 /PRNewswire/ -- OEM and Service Provider Revenue from Downstream Services will Exceed $3 Trillion by 2030
Read the full report: https://www.reportlinker.com/p05567616
Digital disruption is set to revolutionize the automotive industry.The value is shifting from individual consumption to collaborative consumption.
OEMs are embracing this trend and are looking at alternative sources of revenue, such as shared mobility, connected car services, financial services, and logistics services.
The demand for shared mobility services, such as carsharing, ridehailing and dynamic shuttle, is increasing, with these services expanding globally. OEMs are launching their own mobility services, partnering with mobility start-ups that are providing these services and are also launching their own mobility sub-brands under which all mobility-related projects will be unified.
Frost & Sullivan observed increasing efforts from OEMS, Tier I suppliers and startups to enter the car data monetization space through various verticals, such as developing new apps, hardware/interfaces (smartphone pairing), and offering services related to the type of data collected.OEMs are partnering with technology companies to share data (only with customer consent) to recommended third-party service providers, such as insurance companies and smart parking service providers.
Tier I companies are investing in start-ups that focus on data-driven platforms, AI, and ML to leverage IoT applications.
Automotive manufacturers will continue to focus on Connected, Autonomous, Shared and Electric (CASE) strategies.Autonomous technologies will have a big impact on shared mobility and logistics.
Drone technology has already emerged as an active R&D area in the broader automotive industry.There is also interest in aftermarket commercial applications, where a drone interacts with the vehicle to sense the environment and carries replenishment parts to specified locations in the warehouse once a lack of inventory has been confirmed.
In the shared mobility space, autonomous technology can render huge cost savings to the end consumer.
Key Features
The aim of this study is to analyze the global market potential for these downstream automotive services. The analysis is based on the various markets listed in the introductory section of the study.
The main objectives of the study are:
? To obtain a clear and detailed view of all 24 markets.
? To enable comparative analysis of the market size and potential across the different markets.
? To estimate the market potential between 2017 and 2030.
? To understand the various trends that are driving the various markets.
? To understand the impact of autonomous technologies on the various markets.
? To estimate the market potential for MaaS providers.
? To enable comparative analysis of the market size and potential across the different regions specified in the scope section of the study.
Read the full report: https://www.reportlinker.com/p05567616
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