Across industries, different trends and technologies are on the rise while others decline. In this Trend Evolution report, you can explore how the popularity of five automotive trends changed since 2005. And, more importantly, you get to discover which technology trends to focus on to bring your innovation agenda forward.
Automotive Trend Evolution Map 2005-2020
Below, you will find the Trend Evolution Map, highlighting the relative popularity of five automotive industry trends from 2005 to 2020. The data behind this research comes from the StartUs Insights Discovery Platform, covering 1.379.000+ startups & scaleups globally.
Get insights into which automotive industry trends to invest in – whether that is autonomous vehicles (AVs), electric vehicles (EVs), shared mobility, connectivity, or blockchain. Additionally, we introduce you to 5 trending automotive startups developing innovative solutions for these trends.
5 Automotive Trend to Look Forward to
Automotive startups combine software and hardware technologies ranging from deep learning and computer vision to light detection and ranging (LiDAR) to enable autonomy. Some autonomous vehicles are remotely operated, particularly those in the logistics and supply chain sector. Vehicle-to-vehicle (V2V) connectivity solutions enable autonomous vehicles to communicate with other vehicles, making them safer. However, connectivity solutions find applications beyond advancing AVs. Automotive startups and companies are developing solutions that allow vehicles to connect to devices and pedestrians, as well improve EV charging. Electric vehicles are also on the rise and provide a greener method of transportation. Improvements in battery technology, which is crucial to further the adoption of EVs, range from adaptive charging to direct current (DC) fast charging.
To reduce the carbon footprint and traffic congestion in metropolitan cities, automotive startups offer a range of shared mobility solutions. Many of these solutions use AVs or EVs and offer a hassle-free experience to the commuters. Fleet managers leverage vehicle data for predictive analytics to improve the delivery of shared mobility services. For individual vehicle owners, blockchain technology offers secure access to vehicle data. It improves the quality of vehicle insurance services and enables vehicles to transact automatically.
5 Trending Automotive Startups
Autonomous Vehicles – SoftRide
SoftRide is an Israeli startup developing solutions for autonomous driving in predefined routes. The startup’s proprietary mapping and localization algorithms enable hyperlocalization of the vehicles.
Electric Vehicles – AVEVAI
Singaporean startup AVEVAI provides electric vehicles for urban logistics. The startup’s vehicles use ternary lithium batteries and a single speed EV gearbox.
Shared Mobility – Urban Sharing
Urban Sharing is a Norwegian startup offering a shared microbility platform. The platform analyzes day-to-day user behavior to integrate micromobility into existing infrastructure.
Connectivity – TagAuto
US-based startup TagAuto develops an IoT-enabled, decentralized vehicle tracking solution. The solution provides fleet managers with real-time notifications from all vehicles.
Blockchain – Gapless
Gapless is a German startup that offers a blockchain-powered vehicle management platform. The platform integrates documents, scheduling, expense tracker, and logistics in a single digital profile.
Discover the entire Automotive Trend Landscape
The increasing number of AVs and connected vehicles is made possible by startups developing automotive sensors that enable remote management and perception for vehicles. Automotive startups are transitioning to digital manufacturing and incorporating customer data and robotics in the process. While EVs offer sustainable transportation in the long-term, hybrid vehicles offer the benefits of electric in combination with existing infrastructure.
These technologies present just a snapshot of the automotive industry – with many more industry trends to be explored. When you are looking for an overview of all emerging trends and technologies for your innovation units, R&D, or product development department, we give you the most exhaustive analysis and ensure to keep you up-to-date on the latest technology and emerging solutions – quickly and exhaustively.