Automotive & Transportation

With the increase in population, the need for efficient automotive vehicles and better transportation is becoming the need of the hour. Efficient vehicles in today’s world call for intelligent systems aiding in the enhanced capabilities, environment-friendly utilization of the automotive and ease of use in using the vehicle for transportation.

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The current automotive and transportation industry is seeing enhanced growth in terms of using Artificial Intelligence for vehicles. Besides this, the sophistication quotient of the vehicle at affordable prices is a sure factor that boosts vehicle manufacturing and subsequently its sales.

As an objective of many of the developing nations, automotive and transportation sector is driven by the need to have reduced carbon footprint. Developing electrical cars and fuel efficient automotive vehicles is a major driver in this transportation sector.The transportation sector is seeing higher opportunities with the shared mode of operating that is a big cost saving factor for commuters. People prefer to opt for shared vehicles that give them the ease of travel and at the same time are very affordable. Despite the drivers and the opportunities, the major restraints in this sector are the slow adaptability of the industry to technological changes and the lack of support for energy oriented initiatives from the Government.

North America is the forerunner in automotive and transportation sector and in the close trail is Europe. Asian countries like China, India, and Japan are steadily growing too!

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