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Automotive OEMs that successfully integrate carbon net-zero strategies across their value chains will not only achieve regulatory compliance but also secure strategic leadership in a decarbonized global economy. By Thanigesh Arumugam Parthasarathi, Team Leader Mobility Carbon neutrality has become a key priority for global automotive OEMs.
The Bharat Mobility Global Expo 2025, held from January 17 to January 22, 2025, in New Delhi , marked a pivotal moment for Indias automotive industry, reinforcing the countrys commitment to electrification, sustainable mobility, and smart vehicle technologies.
Source: Adobe Stock Interact Analysis reduced its forecast for the global mobile robot market by 18% in 2027 due to a series of macroeconomic factors it said are impacting demand. In Interact Analysis’ most bullish prediction scenario, mobile robot shipments could reach nearly two million by 2030.
Source: Adobe Stock While headlines often spotlight U.S. The company’s portfolio includes LBR iiwa cobot introduced in 2013, and it is expanding into new markets and regions beyond its traditional stronghold in the automotive industry. billion by 2030, growing at a compound annual growth rate (CAGR) of 36.2%. billion U.S.)
Comau is expanding from automotive manufacturing to logistics applications such as pick and place. Source: Comau If change is constant in technology, even established industrial automation providers must adapt to keep up. In March, Intrinsic co-founded the Open Source Robotics Alliance ( OSRA ). million by 2029. million by 2029.
By Benson Augustine, Program Manager – Mobility The global automotive aftermarket is witnessing a paradigm shift as circular economy initiatives gain momentum. Revenues of the global remanufactured automotive components market are projected to rise from $27 billion in 2022 to $42 billion by 2030.
Source: Serve Robotics Serve Robotics Inc. Aurora, Ontario-based Magna is one of the world’s largest automotive suppliers. The global market for robotic last-mile delivery could grow from $70 million in 2022 to $670 million by 2030, predicted ABI Research. Magna International will manufacture more delivery robots.
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.
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.
million by 2030, with all major automakers aggressively expanding their EV portfolios in the quest for zero emissions. A Booming eMobility Aftermarket is Expected Emerge by 2030. However, Frost & Sullivan estimates this will expand to 32 GWh of retired battery capacity by 2030. GWh due to low BEV sales in the early 2010s.
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?
Source: Epson Epson America Inc. billion by 2030, according to SNS Insider. The market research firm cited increased demand from the automotive and chemical industries as short-term growth factors. The GX10B is designed for power and compactness. The Los Alamitos, Calif.-based billion U.S.). billion in 2022 to $36.6
In a statement , Vulcan Energy said Stellantis aim to be the auto industry’s climate change mitigation champion, achieving carbon net zero by 2038 and a 50 per cent decrease by 2030. To advance the Project, the parties will collaborate to explore public financing sources.
trillion by 2030. Source: Frost & Sullivan, 2022. We see the acquisition of ShareNow as the next strategic step towards meeting Stellantis’ Dare Forward 2030 goal of 15 million customers and €2.8 billion (Rs 22,400 crore) in revenue by 2030. A Unique Marketplace Solution. Our Perspective.
These certifications recognise Capral’s commitment to responsible production, sourcing, and management of aluminium products. Capral’s ASI Certifications demonstrate that it supports responsible sourcing, transparency, and accountability in its own operations along the entire aluminium value chain.”
Abdullah Alrashidi , Consulting Analyst and Haitham Abughazaleh , Account Manager of Chemicals & Materials Growth Advisory Practice at Frost & Sullivan, delve into the strategic significance of the Aluminium Industry in Saudi Arabia’s Vision 2030. The commitment to Green Aluminium sets the stage for a NetZero target by 2060.
The 'Pathway Report' - commissioned by electric vehicle (EV) makers Polestar and Rivian - uses open-source data to model the current trajectory for emissions stemming from the car industry. The report outlines immediate, clear actions that car manufacturers can take between now and 2030, including some that can be triggered immediately.
Source: Volvo Autonomous Solutions Volvo Autonomous Solutions this week unveiled its first-ever production-ready autonomous truck. This problem will only increase, as the study showed that by 2030, the U.S. The Volvo VNL truck includes features for safety, integration, and commercial scale. In 2023, the U.S.
Described as an all-encompassing term for Augmented Reality (AR) and Virtual Reality (VR), XR technologies are becoming a source of value among many manufacturers. million smart glasses, and 1 million VR headsets shipped in manufacturing in the APAC Region in 2030, said Abbruzzese. We expect 4.5
Source: LinkedIn As The Robot Report reported last October, one of the biggest autotech stories of the year was the stalling of Cruise after California’s Department of Motor Vehicles suspended its driverless testing license. We’ve done many pilots both in automotive, as well as the commercial space,” she said.
As discussed in IDTechEx’s new report, “ Infrared (IR) Cameras for Automotive 2025-2035: Technologies, Opportunities, Forecasts ”, LWIR (long-wave infrared) camera technologies could drive the improvement of AEB systems in darkness and adverse weather conditions. This included a ~US$7.6 In terms of sheer volume, however, China sold 30.1
The document also included Biden's promise to ask Congress to label Britain as a “domestic source” within the US Defense Production Act, giving suppliers in the country more favourable terms.
The recent partnership between German auto giant, BMW, and leading cloud computing solutions provider Amazon Web Services (AWS) underlines the critical need for effectively handling, processing, managing, and protecting vehicle data at a time when the automotive ecosystem is being transformed by C.A.S.E. Source: Frost & Sullivan, 2022.
Synergies between automotive OEMs and battery manufacturers to ramp up collaborative initiatives in battery development. At the same time, automotive OEMs and battery suppliers are increasingly opting for vertical integration strategies and partnerships to gain a competitive edge. CAGR over 2022-2030.
million units by 2030. To learn more, please access: Growth Opportunities in China’s Electric Vehicle Industry, 2024-2030 , Strategic Profile of BYD , ASEAN Automotive Market Outlook, 2024 , or contact sathyanarayanak@frost.com for information on a private briefing. As a result, the EV market is projected to surge from 8.9
Most major battery manufacturers and end batteries applications are exposed including many of the world’s largest automotive, energy storage and electronics brands. Most battery manufacturers and their customers, including automotive companies and grid-scale battery energy storage developers, still don’t have complete supply chain oversight.”
The research, undertaken ahead of COP27, highlights the whole-scale change required to meet the government’s 2030 net-zero goals. This is why it’s so important that the government provides further support and incentives for EV uptake if they are serious about meeting their 2030 net-zero goals.” .
Through the new awards program, the companies look to acknowledge creators in the automotive industry’s “once-in-a-century transformation” from hardware to software, which they say will redefine how cars are designed, built, driven and experienced.
The second stage, 2030, envisages a reduction of 60% compared to 2020 with the help of further measures. Additionally, CERATIZIT guarantees low-carbon manufacturing by using low-emission production processes and energy sources as well as short transport routes throughout the entire process chain.
It also reduces manufacturing costs, improves yield rates, and enhances supply chain resilience by enabling sourcing from multiple suppliers. Automotive Industry: The integration of diverse functionalities supports automotive innovations. Market segmentation by application predicted in 2030.
Electric vehicles (EVs) are hailed as the greenest cars available, and by 2030 they will account for around 32 per cent of the total market share for new car sales, according to one report. million by 2030. Circulor is working with Polestar, an electric performance car brand, to create a carbon-neutral car by 2030.
What do you see as some of the general trends in the Indian automotive industry? The global automotive industry has undergone significant transformation, with this process starting around 2018-2019. What is your vision for the global and the Indian automotive industry for the next five years? We continue to grow fast.
million mark in 2022 and are expected to comprise more than 50% of new vehicle production by 2030 – the Japanese automaker announced that it would target annual sales of 1.5 Our Perspective The EV segment was the bright spark in a relatively dull global automotive market in 2022. million BEVs, globally, by 2030.
According to the International Energy Agency, close to 250 million EVs will be on the world’s roads by 2030. Their likely use will be in providing a consistent, cost-effective supply of electricity to DB’s maintenance and staging depots. A Second Lease of Life.
The evolution of HUDs from aviation to automotive engineering The history of HUDs dates back to the 1940s, when they were first used in the weapon sights of fighter planes. The technology quickly spread to the automotive sector. The imaging unit is a computer with an LED light source for generating images.
Dr. Jose Pereira, Director, Automotive & Transportation at Frost & Sullivan, said the new target also signals to EU member states that they must prioritize their electric vehicle charging infrastructure. Earlier this year, 100 cities across the EU signed up to become carbon neutral by 2030.
Given that the commercial vehicle sector is delivering and inspiring vehicle innovation – with ambitious trials such as automated buses, hydrogen delivery vans and portable battery charging solutions – it is only natural that Bus, Truck and LCV had a central role at this week’s International Automotive Summit.
The temporary shutdown was necessitated by defective batteries sourced from a new supplier. million units by 2030. CAGR for e-LCVs over the 2020-2030 period. Source: Frost & Sullivan, 2022. Source: Frost & Sullivan, 2022. 5 use batteries sourced from other suppliers.
SMMT’s latest Sustainability Report shows that the UK automotive manufacturing sector shrunk its emissions to the lowest level on record last year, with emissions per vehicle made cut by -2.8% – while at the same time producing a record-high proportion of EVs.
by 2030 under an accelerated growth scenario, driven by domestic manufacturing, technological advancements, and effective policies. Clean Energy Transition Challenges: The transition to clean energy in the US is complex but advancing, with automotive companies forming agreements with recycling companies.
by 2030 under an accelerated growth scenario, driven by domestic manufacturing, technological advancements, and effective policies. Clean Energy Transition Challenges: The transition to clean energy in the US is complex but advancing, with automotive companies forming agreements with recycling companies.
The EU is also the largest source of imported vehicles, so safeguarding this important bilateral trading relationship is essential for both sides, hence the need for a quick and positive outcome to discussions on forthcoming changes to the rules of origin requirements for electrified vehicles and components. to 214,017 units year to date.
Firstly, the whole automotive sector has full commitment to delivering the UK’s net zero transition, which cannot happen without decarbonising road transport. There are some things that will not change, however.
Advances in green energy technology mean this is possible, but automotive manufacturers are still in disagreement about what type of power source is best. There are two main types of electric vehicle, categorised by their power source. High global demand of lithium is predicted to result in chronic shortages by 2030.
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