Automotive Plastics Will Be $43 Billion Market by 2030
Plastics Today
APRIL 6, 2023
High-performance plastics replacing conventional metals and rubber will drive growth, according to new market report.
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Plastics Today
APRIL 6, 2023
High-performance plastics replacing conventional metals and rubber will drive growth, according to new market report.
Robotics Automation News
MARCH 15, 2023
The European automotive market is rapidly electrifying, and the need for batteries to equip vehicles is increasing. According to the European Commission, demand will increase 12-fold between 2018 and 2030.
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Plastics News
SEPTEMBER 13, 2022
Polymers featured in automotive innovations A few polymer-related innovations are among the finalists for the 28th annual Automotive News PACE Awards. Winners of the PACE awards, which honor innovations by automotive suppliers that have been commercialized, will be announced Sept. The first customer is Ford Motor Co.
E&T
FEBRUARY 14, 2023
As the automotive sector welcomes new technologies, analysts predict soon-to-come changes “not seen since the Model T Ford rolled into the production line in the early 1900s,” according to market research firm McKinsey. Indeed, automotive innovation is kicking into high gear. Here are five interesting trends worth highlighting.
The Guardian Manufacturing
JANUARY 23, 2023
Prediction predicated on investment that keeps pace with Joe Biden’s $369bn green subsidy spree in US Europe could end its reliance on China for electric car batteries by 2030 but only if it keeps pace with Joe Biden’s $369bn (£298bn) green subsidy spree, experts predict.
Automation Mag
MARCH 24, 2023
The automotive industry has the largest number of robots working in factories around the world, says the International Federation of Robotics (IFR). The automotive industry effectively invented automated manufacturing,” says Marina Bill, president of IFR, in a press statement.
Plastics Today
DECEMBER 5, 2023
The Japanese plastics giant’s Vision 2030 strategic business plan points to a greener, high-tech future for automotive applications.
Robotics Business Review
DECEMBER 29, 2024
In August 2024, Figure AI said that BMW Group had tested Figure 02 for handling fitted sheet-metal parts on its automotive production line for two weeks in Spartanburg, S.C. The global market for humanoid robots could experience a compound annual growth rate (CAGR) of 96% between 2022 and 2030, reaching $6.8 Gartner Inc.
SMMT
OCTOBER 23, 2024
million by 2030. 5 Mike Hawes, SMMT Chief Executive, said, As UK Automotive undergoes its most radical transformation in more than a century, short term production declines were always anticipated, and they represent a temporary adjustment in exchange for long term growth. million by 2030. in the first half of 2024.
Frost & Sullivan Manufacturing
AUGUST 28, 2024
The Central and Eastern European (CEE) region is emerging as a top investment hub due to its geographic, cost-effective labour, and manufacturing strengths in sectors like automotive, aerospace, and food. annually through 2030, the region is set for economic revival. With projected gross domestic product (GDP) growth of 2.6%
Frost & Sullivan Manufacturing
DECEMBER 24, 2024
From healthcare advancements to energy storage breakthroughs and fully autonomous manufacturing, technologies at lower Technology Readiness Levels (TRLs) today have the potential to disrupt industries by 2030. Is your organization prepared to adopt dark factory solutions to achieve next-level operational efficiency and scalability?
SMMT
NOVEMBER 29, 2022
Industry outlook highlights strategic importance of Automotive to Britain’s economic recovery, with growth worth £14 billion targeted in 2023. The UK automotive industry has today urged government to take rapid action to secure the long-term future of one of the country’s most important assets, while accelerating its decarbonisation.
SMMT
JUNE 25, 2024
New analysis shows UK automotive sector can fuel £50 billion of green growth over next decade – with the right conditions in place. 1 The analysis forms the basis for Vision 2035: Ready to Grow , published today at the 16th SMMT International Automotive Summit. million new zero emission cars on the road during that time.
Frost & Sullivan Manufacturing
JULY 1, 2024
One such beneficiary is automotive audio technology – basic audio, surround sound, and 3D audio – which, in North America alone, is set to grow from a $3.33 billion in 2030. Growth in the automotive audio market is being propelled by connectivity trends that are supporting continuously improving in-vehicle audio entertainment.
SMMT
JUNE 26, 2023
UK Automotive calls for cross-party adoption of five pledges as part of an industrial strategy to drive industrial transformation, mobility for all, upskilling, global trade, and clean, affordable energy. Commitment would deliver green automotive manufacturing growth and consumer choice in a thriving, accessible EV market.
Frost & Sullivan Manufacturing
OCTOBER 7, 2024
As the automotive industry evolves, so is the need for advanced diagnostic solutions that keep pace with increasingly complex vehicles. Diagnostics-as-a-Service (DaaS) has emerged as a groundbreaking business model offering significant benefits for automotive workshops, dealerships, and collision centers worldwide. billion by 2030.
Control Engineering
MARCH 22, 2023
The automotive industry has the largest number of robots working in factories around the world: Operational stock hit a new record of about one million units. The automotive industry effectively invented automated manufacturing,” says Marina Bill, President of the International Federation of Robotics.
SMMT
JUNE 29, 2023
The news follows the launch this week of SMMT’s “ Manifesto 2030: Automotive growth for a zero-emission future ” which sought cross-party support for five pledges to drive industrial transformation, mobility for all, upskilling, global trade and clean, affordable energy.
SMMT
MAY 31, 2024
A major transition in the UK’s automotive factories is underway with manufacturers retooling to build the very latest and greenest models. As SMMT’s Manifesto 2030 sets out, whoever forms the next government can build on the billions already invested by industry with five key pledges. Further details can be found here.
Canadian Manufacturing
AUGUST 28, 2024
The company aims to have a full EV lineup of 21 models by 2030 and is set to develop new, affordable NCM batteries and safety technologies. million units by 2030 and achieving 2 million EV sales by the same year. Hyundai further aims for a consolidated operating profit margin of over 10 per cent by 2030.
SMMT
JUNE 29, 2023
With countries around the world accelerating their efforts to attract international investment in advanced manufacturing, Britain’s automotive sector has called on all political parties to back the UK by committing to five key pledges as part of a dedicated industrial strategy.
E&T
MARCH 9, 2023
New global research commissioned by ABB Robotics and Automotive Manufacturing Solutions, revealed that 59 per cent of respondents believe the shift to pure EV production is not achievable within current legislative timelines. However, at the eleventh hour, Germany and Italy launched an attempt to undermine the EU’s decision.
Frost & Sullivan Manufacturing
SEPTEMBER 18, 2024
Overall sales across 10 Caribbean and Central American automotive markets set to surpass 300,000 units by 2030, with battery electric vehicles (BEVs) doubling their share from current levels. At the same time, the shift toward digital retailing and online dealerships is transforming how consumers interact with automotive brands.
SMMT
DECEMBER 23, 2024
Mike Hawes, SMMT Chief Executive, said, The automotive industry welcomes governments review of both the end of sale date for cars powered solely by petrol or diesel, and possible changes to the flexibilities around the Zero Emission Vehicle Mandate.
Frost & Sullivan Manufacturing
AUGUST 22, 2023
Conventional engine, transmission, and affiliated components will represent immediate high-growth opportunities in the automotive aftermarket, while the transition to vehicle electrification will drive investments in electric vehicle (EV) related remanufacturing.
SMMT
MAY 30, 2024
Ahead of general election, SMMT’s Manifesto 2030 sets out steps for next government to secure future success for UK Automotive on road to zero emissions. Ahead of the general election, SMMT is calling for the next government to adopt five key pledges set out in its Manifesto 2030 as part of a dedicated industrial strategy.1
The Guardian Manufacturing
SEPTEMBER 4, 2024
ELM Mobility joint venture by Prodrive and Astheimer Design aims for 10,000 one-person quadricycles by 2030 Two British automotive companies have teamed up to build thousands of electric delivery vehicles in the UK – the latest in a line of businesses attempting the risky push into vehicle manufacturing after several prominent failures.
Frost & Sullivan Manufacturing
AUGUST 21, 2023
By Benson Augustine, Senior Industry Analyst, Aftermarket & Digital Retail – Mobility Rematec, a leading trade show for stakeholders in the automotive remanufacturing ecosystem, was held in Amsterdam in June this year, after a four-year hiatus. North America and Europe currently dominate the global reman aftermarket.
Dinesh Mishra
DECEMBER 7, 2024
Each session offered invaluable insights into Indias manufacturing vision for 2030, strengthening its path to becoming a global leader. on India’s Manufacturing Vision 2030: Leveraging Technology and Talent for Global Leadership.
MEM
FEBRUARY 9, 2023
Messe Frankfurt UK, organisers of Automechanika Birmingham, has announced registration is now open for visitors to secure free tickets to its refreshed trade event, the Automotive Supply Chain Forum, in association with the Society of Motor Manufacturers and Traders (SMMT).
Frost & Sullivan Manufacturing
APRIL 25, 2024
Market Landscape in 2023 For a variety of reasons ranging from supply chain disruptions to macroeconomic headwinds, passenger vehicle and pickup vehicle sales across the five main automotive markets of Indonesia, Malaysia, the Philippines, Thailand, and Vietnam dipped from 3.2 million in 2022 to 3.1 million units in 2023.
E&T
JANUARY 30, 2023
The study was intended to send a message to the automotive industry that sustainable alternatives are feasible. Whilst SMS is a concept, Callum selected materials that meet or have the potential to meet existing automotive requirements and be production feasible by 2030.
Frost & Sullivan Manufacturing
JULY 30, 2024
The latest product in Stellantis’ SUSTAINera European REMAN range underscores the automotive industry’s commitment to circular economy practices. Commitment to Decarbonization and Circular Economy Decarbonization remains a top priority in the automotive sector.
Frost & Sullivan Manufacturing
JULY 30, 2024
The latest product in Stellantis’ SUSTAINera European REMAN range underscores the automotive industry’s commitment to circular economy practices. Commitment to Decarbonization and Circular Economy Decarbonization remains a top priority in the automotive sector.
Frost & Sullivan Manufacturing
JULY 30, 2024
The latest product in Stellantis’ SUSTAINera European REMAN range underscores the automotive industry’s commitment to circular economy practices. Commitment to Decarbonization and Circular Economy Decarbonization remains a top priority in the automotive sector.
E&T
SEPTEMBER 8, 2023
“Today’s announcement, in which Ellesmere Port becomes the UK’s first EV-only manufacturing plant and the first Stellantis plant globally dedicated to EVs, is a very visible demonstration that this government has got the right plan for the UK’s automotive sector,” said Kemi Badenoch, secretary of state for business and trade.
Frost & Sullivan Manufacturing
MARCH 20, 2023
With the EU committed to more than halving its GHG emissions by 2030, it has become imperative for automakers to balance revenues with regulatory compliance, and economics with environmental considerations. In order to pursue this objective, there are plans to operate about 6 battery giga factories in Europe by 2030. 3 GTX, and the ID.2
Frost & Sullivan Manufacturing
OCTOBER 3, 2024
Chinese Tier 1 automotive suppliers have emerged as pivotal players in the rapidly transforming global automotive market, leveraging their technological capabilities and innovation to capture significant global market share. Strategic partnerships with established global players are another significant growth driver.
Frost & Sullivan Manufacturing
SEPTEMBER 27, 2024
An increase in demand for healthcare material applications , lightweight automotive materials , sustainable packaging , and antimicrobial materials is opening new avenues. To learn about more growth opportunities for automotive and healthcare materials, view our expert analysis. So, what’s the latest in this dynamic domain?
AU Manufacturing
APRIL 2, 2023
The new advanced automotive and electrical lab, located at the Kangan Institute’s Automotive Centre of Excellence at Docklands, was established with a $1.4 A new purpose-built electric vehicle laboratory (EV) opened in Victoria today to address the shortage of specially trained technicians in Australia.
E&T
MAY 17, 2023
Stellantis added there will be “insufficient battery production” in the UK or Europe to meet government targets in phasing out petrol and diesel vehicles by 2025 and 2030. This view was supported by a submission sent by the Society of Motor Manufacturers and Traders (SMMT).
Frost & Sullivan Manufacturing
JANUARY 16, 2023
Even as Delhi reeled under a cold wave, there was plenty of heat and action at the country’s largest automotive show – Auto Expo 2023 which was returning after a hiatus. Electric vehicles (EVs) were, understandably, front and center with all the big automotive majors looking to showcase their latest models and concepts.
E&T
JANUARY 23, 2023
link] The CBI estimates that automotive firms will lose out on around £3bn in EV assembly and battery production by 2030. The UK has slipped 1 per cent in the global production market since 2020, which will account for £1.3bn worth by 2030 lost. Industry lobby heads said the decision came “at the worst possible time”.
E&T
JANUARY 26, 2023
Last year, the UK government announced that it would bring forward a ban on the s ales of new petrol and diesel cars and vans in the country to 2030, although the restriction will not affect hybrid vehicles.
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