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Top 3 Technologies Shaping the Future of Mobility

The automobile industry has undergone a drastic revolution and is now being recrafted, reborn, and redrawn. This is going to be the future of mobility for generations to come. The focus has been shifted to designing a sustainable future for mobility through various innovations such as globalism, propulsion systems, new techniques of manufacturing, and above all the impact on the environment. By the incorporation of such techniques, the future of mobility is going to lie somewhere that the generations to come will cherish. These innovations have the potential to find faster and smarter solutions that will help in designing a smart future for mobility. Such evolutions will impact almost all the sectors of transport like aeronautics, railways, land vehicles, and maritime transport.Ask An Analyst_IR

According to the automobile industry experts at Infiniti Research, “The future of mobility will be marked by innovations brought on by the increasing preference for digitization, increasing automation, and new business models.”

Moreover, the penetration of electric vehicles will help reinvent the current automotive components space. The automotive industry will also witness the advent of new trends in terms of electrification, shared mobility, connectivity, and autonomous driving, which will have a further impact on the automotive components space.

Here are three emerging technologies that have some serious potential to reshape the future of mobility.

Request ProposalTop three technologies shaping the future of mobility

Passenger rail reborn

Technologies like virtual ticketing systems, Li-fi, ticketless traveling, high and hyperspeed, big data, and many more are going to transform the passenger rail system rapidly and will have a huge impact on the future of mobility. Virtual ticketing will combine the use of a vending machine, ticket office, and call center for passengers at the stations. Passengers will have the experience of talking to a real person in real-time using the virtual agent.  Li-fi will replace traditional Wi-fi and provide a good user experience to the passengers. This will also help in cutting down costs and will be more efficient in providing better service to the passengers. Li-fi will not only shape the future of mobility in terms of passengers but also improve operations. Another technology, big data, will help in processing huge structured and unstructured data and will pave the way for the future of mobility.

Underground transportation

Today, there are many cities that have the capacity to incorporate the underground transportation system to deal with the increasing traffic and demand. This will help in designing a smarter future of mobility for the forthcoming generations. It is extremely challenging to navigate through the long built transport system, aesthetically as well as technically. This is the reason why many cities are planning to come up with underground road and rail tunnels that willGet More Info help in transforming the future of mobility.

Adopting Waze, Google, and Apple maps

Today mobile applications like Google maps, Waze, and Apple maps have made navigation too easy for the drivers. It has brought about a paradigm shift in navigation from the traditional method of questioning to locals about the route to a smart way of finding the route yourself through these apps. It helps in getting away with congested routes and makes mobility less challenging. With the continuous upgrade and addition of advanced technologies to such applications, the future of mobility looks to be moving towards efficiency and energy savings.

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Is Shared Mobility Hurting the Growth of the Automotive Industry?

Today, roads and highways are overcrowded with vehicles. Governments and activists around the world have been doing all they can to ensure efficient mobility solutions to reduce overall traffic flows, environmental pollution, and cost of vehicle ownership, and transportation. Shared mobility solutions look forward to solving such problems with transportation services that are shared among users, such as public transit, bike sharing, car sharing, carpooling, shuttle service, and neighborhood jitneys. Recent studies show that the growth of the shared mobility market is higher than the rate of global vehicle sales. The preference for such a sharing economy can transform the auto industry.

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Will Shared Mobility Slow the Growth of Auto Sales?

Although it looks likely that there will be fewer vehicles on the road due to the growth of the shared mobility market, the automakers can still reap benefits out of it if they can position themselves for the future. Since ride sharing, car sharing, and carpooling drives up the vehicle utilization rate, such vehicles will have to be replaced or serviced more often. Numerous research reports suggest that shared mobility will only partially replace car ownership.

How will the Automotive Industry React?

In a bid to increase their revenue pool, automotive manufacturers will diversify towards on-demand mobility services and data-driven services. Such shared mobility and data-driven services will ensure recurring revenues from services such as car sharing, e-hailing, software upgrades, carpooling apps, and remote services. Considering that the car rental market requires a huge investment to buy fleets, automotive manufacturers could explore rental services along with other shared mobility strategies.

The Future of the Automotive Industry

The automotive industry is highly dependent on autonomous technology that will allow the car to become a platform for passengers and drivers to use their saved time on other personal activities. The use of self-driving cars would allow the service providers to optimally reposition the vehicle, increase coverage with a small fleet, and reduce the fixed-cost base; thereby, decreasing inner-city congestion.

Automakers and their suppliers need to understand the current requirements of the consumer and design mobility solutions that cater to their needs. Although shared mobility would inhibit vehicle sales to some extent, automotive players can position themselves to reap benefits through recurring revenue streams and extended services.

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Top-3 Trends that will Drive the Market for Autonomous Vehicles

Autonomous vehicles do still seem remarkably futuristic. Their imminent debut in the mainstream scheme of things will reinvent the concept of driving and personal transportation of people and goods. Many reputed companies are already sitting atop viable prototypes of autonomous vehicles for mass consumption. Ford, Mercedes, Audi, Volkswagen, Toyota, General Motors, Tesla and Google have already reiterated that driverless vehicles are the future.

The arrival of autonomous vehicles represents a perfect opportunity for an integral transformation in urban mobility and could lead to creating more accountable, healthy and greener cities. However, integration of autonomous vehicles (AVs) into an effective public transport network is still a long way away, pending some proactive participation from the local public transport organizations and the associated decision makers.

There has been an enormous deal of interest and enthusiasm among the motoring community over the past few years spurred by a surge of benefits touted by the manufacturers of autonomous automobiles. The following are the key trends that will drive the global market for autonomous vehicles, sooner than later.

1) Real-time route optimization

Autonomous vehicles on a common stretch of the road are connected together with Vehicle-to-Vehicle (V2V) and Vehicle-to-Infrastructure (V2I) mechanisms that enable driverless vehicles to gain real-time information on the condition of the roads as well as exchange protection and mobility information with the surrounding infrastructure and redirect the routes accordingly. Additionally, employing of V2V and V2I to find out optimal routes can aid in reducing the number of miles driven, save time and rein in the fuel consumption.

2) Increased lane capacity

Autonomous vehicles can operate at top speeds while trimming down the space between vehicles, leading to greater lane capacity. The latter can also increase with the embracing of adaptive cruise control. This technology adjusts the vehicle’s speed mechanically to ensure a safe distance between the vehicles on that stretch of the road. These technologies will shoot up the lane capacity and reduce accidents, ensuring greater passenger comfort and safety, thereby building the customers’ confidence in driverless technology.

3) Reduced energy consumption

Autonomous vehicles are less prone to accidents and are actually lighter than the conventional automobiles. Thanks to the lightweight composites used for building the modern vehicle, and the efficient manufacturing procedures, vehicles could become lighter while maintaining their overall size, yet remain impervious to accidents. Lightweight automobiles save on fuel consumption, further aided by such eco-friendly driving technologies and practices as cruise control, deceleration and smooth acceleration.

Driving to Profitability with Infiniti

Infiniti Research will help you understand the forthcoming market scenery that is fast turning into a spirited race to build the first practical and profitable autonomous driving solution. Our expertise in exploring the trends and drawing actionable insights, will help your business establish a firm foothold in the fast-evolving global automotive market.

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