Automotive industry trends 2020Nigeria Automotive Report 2010-2025 features historical data and insights plus specialist forecast on new vehicles sales by variety, manufacturer, brand and model supplying an simple-to-use image of present and future competitive landscape. This had led to an ever evolving competitive landscape with the market in a constant state of flux. It becomes increasingly imperative for stakeholders in the automotive sector to be conscious of the dynamically evolving trends and approaches in which they can be monetized. This study provides a snapshot of the important developments in the light automobile industry and a strategic outlook for the close to-term. The base year for the study is 2017 and the forecast has been provided up to 2020.
Technology advances are propelling the automotive sector into a period of higher revolutionary activity and tremendous business alterations. Automobile has captured the scope of new technologies advances by means of the creation of technologies roadmaps across three crucial locations: Intelligent Mobility Technology, Components and Manufacturing Processes, and Light Duty Vehicle Propulsion. These technology roadmaps capture the main technological advances to each products and manufacturing processes throughout the automotive market in order to provide a broad understanding of technologies trends from existing year to beyond 2030.
Increased cross-sector communication and communication among automakers and their suppliers, as properly as within the supply chain is essential to effectively incorporate technology modifications. As technologies advances, cross-market collaboration amongst the automotive industry as properly as other industries will significantly enhance due to the sophistication of technologies. …Read More