TOP 10 LATEST TECHNOLOGY ADVANCEMENTS 2020

Electric Vehicles

Automakers view electrification as critical to the future of the automotive space, and are accelerating efforts to electrify their fleets.

Autonomous vehicles

Despite a substantial market opportunity for autonomous vehicles, the timeline for full autonomy is still unclear. Electrification has become top-of-mind for automakers in recent years, dominating the conversation, however, automakers are still working towards full autonomy to guarantee safety and comfort, and the market is projected to reach approximately $80B by 2025.


Photo Credit: WSJ



Advanced driver assistance

Until full autonomy is achieved, automakers are enhancing driver safety technology to work with human drivers and minimize errors. Advancements in sensor technology and developments in machine vision software enable semi-autonomous driving, helping vehicles detect and process their surroundings.


Robotics

Robots remain crucial to automotive manufacturing, as new vehicle architectures require higher levels of automation and flexibility. The automotive sector already leads demand for industrial robotics, and it’s forecasted to maintain that demand in the future.

Telematics

Connected vehicle technology that enables real-time fleet visibility and data collection is a new opportunity for automakers.


Big Data & AI

Artificial Intelligence will be critical for development of connected cars that can efficiently handle several risk factors like traffic accidents. It will help in fixing of potential problems like vehicle breakdowns. As a result of predictive analysis, car makers will be able to tackle competition, cost pressures and vehicle performance more efficiently.


E-commerce

In 2020 advancements in imaging technology and emerging distribution models may spark the transition to direct online buying.


HD Mapping

Highly-precise digital mapping technology will help autonomous vehicles localize themselves with centimeter-level accuracy

. A number of automakers are investing directly into mapping technology, and Google is also making headway in the space. The growth of mapping technology and its integration into vehicles will be one of the top auto tech trends of 2020.


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