Five Trends Transforming The Automotive Industry

The automotive industry is currently going through one of it’s biggest transformations. This transformation is a result of the merging of social, industry and technological forces. Taking the size of this particular industry into factor, it has the power to decide the foreseeable future of humanity. 

Creative Wave is certainly one of the leading companies that are bringing a revolution in the industry. Here are the top 5 trends that have a huge role in actively transforming the automotive industry:

1. Autonomous Driving 

This is the newest trend that is slowly taking over the automotive industry. Even though you don’t see it around normally, it is being actively worked upon all around the globe. Owing to the collaboration of emerging technologies, this trend will soon rule the streets. This trend is a huge step in avoiding accidents caused due to drowsiness, carelessness and various other such factors. 

2. Connected Vehicles 

This revolutionary new technology will allow us to create a communication link between vehicles on the road. These vehicles will have the ability to share information about weather, speed, sudden breaking probabilities, etc. Being quite similar to Wifi, these will be a mainstay in vehicles in a few years to come. This technology will usher in an era of new innovations like vehicle transmissions, wireless communications, car sensors, etc. 

3. 3-D Printing

3-D printing is a trend that has slowly taken over the automotive industry. This is very popular nowadays as it helps designer build a solid car on a strong chassis, with a designer body that is made for a single crash and replacement use, thus being cost effective as opposed to creating bodies to ensure 5-6 crashes. 

This concept has changed the general outlook on accident repairs. Being highly cost and time effective, 3-D printing is ready to revolutionize the automotive industry. This 3-D printing service is being actively provided by Creative Wave

4. Blockchain

Just like any other industry, the automotive industry has faced its share of obstacles and challenges in the recent past.  The main issue plaguing the automotive industry is the sale of counterfeit car parts. Creative Wave is actively playing its part in creating a safer market for customers.

The blockchain is the most viable remedy to bring an end to this problem among others. Complete transparency of proceedings and cost setting efficiency can be achieved as a result of eradicating fake parts and sellers from the market. Extensive use of this technology can help create a satisfied and healthy customer base, which is sure to do wonders for the industry. 

This technology has the ability to support the increasing the supply chain by creating an accurate and reliable protocol. This is certainly a technology that is turning heads and grabbing attention in tech space, automobile and automotive industry. There are a lot of expectations hinging on this technologies to create a transparent and customer friendly market.

5. Electric Vehicles

There has been a very clear increase in the number of electric vehicles in the market, with many more innovative models lined up for mass production The world is clearly facing an imminent renewable energy shortage, which is why this technology is even more useful. 

Few manufacturers have taken advantage of this need for other sources of energy and cemented their place as leaders in the electronics car industry. Apart from being environment-friendly, these vehicles have also proven to be more cost-effective than its petrol and diesel alternatives, leading for it to gain added attention. 

The industry in today’s time has been growing at a fast paced rate and is going beyond the early conceptualized designs. The above-mentioned trends are sure to bring us more innovative and interesting things. All things aside, the future of this specific industry is highly exciting and we are all eagerly waiting to see how it will turn out.