A detailed survey of automotive industries in the year 2022 reveals that informative-centric technologies are playing the leading role in developing the industries in the future. The industries are adopting new technologies on an unparalleled scale to compete against the other growing industries. Other than technologies like artificial intelligence, big data, and analysis, they are introducing newer technologies like the internet of things (IoT) and blockchain that are also found to help find numerous applications in automotive.
Autonomous Vehicles (AVs)
Autonomous Vehicles or Self-driving vehicles are minimizing the need for drivers and they seem to assure daily transportation services. AVs can reach far distances thus helping in the last-mile deliveries. It reduces the time of transportation and makes transportation comparatively safer by reducing the chances of accidents that can happen due to the negligence of the driver. AVs have a computerized vision that automatically identifies any obstacles on their route. These vehicles will be full of technology and they will address digital touchpoints.
Nowadays, technologies are much advanced in every way possible. Vehicles come with tamper-proof digital identities. These are different from other vehicles as they have a network that helps in easy tracking of vehicular data which are used in cases of insurance, license, maintenance, the safety of the driver, etc. Vehicle connectivity solutions are developing gradually. Though vehicle data sharing helps the individual customer, it undertakes the entire mobility ecosystem.
Cars and other transports usage are harmful to the environment as it uses a whole lot of fossil fuels. Electrification of vehicles in many ways is eco-friendly and helpful to the environment as well as human beings. For expanding the use of EVs, there are several issues that need solutions such as high price, insufficient charging infrastructure, poor battery, electrified routes, etc. These are the challenges that are needed to be faced and solved to make the environment healthy. Some startups are working hard on solutions to the issues of electrification.
Shared Mobility comes as an alternative to individual ownership of vehicles, where vehicles remain connected and gives service to people in mass. It casts down unused vehicles meeting the requirements of a city or a business without adding any extra vehicles. It reduces the waiting time as well as the pollution to the environment generally caused by petrol and diesel that are released by the traditional vehicles.
Machine learning, Deep learning, Computerized vision, etc are considered artificial intelligence which helps in finding applications in robotic automation in the automotive industry. Self-driving cars are installed with artificial intelligence which guides them to move safely. It manages fleets, and improve vehicle inspection services and insurance. AI can also find applications that result in the manufacturing of automotive vehicles faster and at a low cost.
Big Data and Analytics
The Big data and advanced analytics of a vehicle inform various decisions that are to be taken throughout the lifecycle of the vehicle. The gathered data decides how often the vehicles need maintenance, informs the managers about their speed, and alerts the chances of accidents. These data are further used to make new vehicles with similar features. Some emerging companies are working on the development of big data solutions to serve automotive manufacturers and other supporting industries.
Human-Machine Interfaces (HMI)
Self-driving cars and connected cars change the landscape of the automotive industry. The system of communication is going to change from how the drivers interact with other vehicles. These interfaces help in driving safer and make it enjoyable. Smart visual assistants are another type of HMI that helps the riders and the drivers to interact with other vehicles and service providers.
Blockchains are used to enable several applications in the automotive industry. Sharing vehicles data through a secured network, sharing mobility solutions like ride-hailing, deliveries, and transportation in urban areas, etc. are done by blockchains which act as a secured network altogether. Blockchain assures the verifications of the supply chain of the spare parts, about the raw material and its sources make sure if it comes from trusted and legal sources.
There are three primary ways in which 3D Printing is helpful to the automotive industry. At first, it allows rapid prototyping with 3D Printed models quickens the process of designing and testing the product. Secondly, it helps in the manufacturing the print of the spare parts according to their requirements. And finally, the add-on manufacturing of composite materials advances automotive parts that are stronger, lighter, and long-lasting.
IoT in the automotive industry allows secure communication between two or more vehicles or infrastructural components and vehicles. The advanced technologies enhance the safety of roads, resolve traffic congestion, and turn down pollution and expenditure on energy. It allows better fleet management. New companies and startups are working on the technologies to proceed with a better tomorrow. They are developing sensing technologies to collect more data about the vehicles. And help the vehicles understand their surroundings more accurately. These advanced technologies add on automatic payments for fuel and tolls.
The advancements in the automotive industry call for a better and safer tomorrow. The self-driven cars, electric cars, blockchains for better communications, robotics, automatic sensor technologies, and artificial intelligence. In manufactured products all add up to easier transportation and communication in the future days. New companies and startups are doing lots of research and hard work to develop the automotive industry. And proceed to a certain level. Newer opportunities in these industries are becoming available nowadays as they are growing at a faster pace these days.