Additive manufacturing is continuously evolving and
automobile manufacturers are now using 3D printing technology to reduce
production time and costs. 3D printing creates a three-dimensional physical
object using a digital design. It is being used to build prototypes of cars,
concept models, design verification and functional parts used in test vehicles
and engines. 3D printing helps in rapid prototyping, increases assembly line
efficiency, lowers turnaround time, improves flexibility in design and reduces
wastage of materials.
THE BUSINESS RESEARCH COMPANY EXPECTS THE GLOBAL MOTOR
VEHICLES MANUFACTURING MARKET TO GROW TO $4+ TRILLION
BY 2021
Asia
Pacific was the largest region in the motor vehicles manufacturing market,
accounting for one-third of the market share, mainly due emerging markets such
as China and India, which have a large middle class and upper middle class
population owing to strong economic growth over the last few years.
Order the motor vehicles manufacturing market report at
According to The Business Research Company’s Consultant, Nitin
Gianchandani, many motor vehicle manufacturing companies are integrating
pre-collision assist and pedestrian detection technology in their vehicles to
offer advanced safety features to customers. These technologies help in
detection of blind spots and also alerts the driver when they are losing focus
while driving, this system can also apply auto brake if driver falls asleep and
does not respond to the warning, and thus these technologies significantly
improve driver and pedestrian safety. Car manufactures, are increasingly
focusing on commercialization of cars with active window displays. The active
window displays will show all key driving information on the windshield. It
shows information such as navigation instructions, fuel levels information,
vehicle speed and other information.
Download a sample of the motor vehicles
manufacturing market report at
Toyota Motor was
the largest competitor in the motor vehicles manufacturing market in 2017, with
revenues of $230.8 billion in 2016. Toyota’s growth strategy aims to expand its
operations globally and operate local production facilities in different parts
of the world to reduce transaction risk. As per of the company’s globalization
strategy, Toyota has invested in new production plants that will start
production in Guangzhou, China in 2017 and in Tianjin, China in 2018. The
company is also constructing a manufacturing plant in Mexico that will start
production in 2019.
The motor
vehicles market is segmented into Commercial Vehicle; Passenger Car; Motorcycle
and Bicycle.
Commercial Vehicles Manufacturers manufacture complete light trucks and utility vehicles such as
light duty vans, minivans, pick-up trucks and sports utility vehicles, and
complete heavy duty trucks, buses, coaches, heavy duty motor homes and other
special purpose heavy duty motor vehicles for highway use.
Passenger Car Manufacturing companies manufacture complete automobiles (with body and chassis)
or manufacture automobile chassis only.
Motorcycle, Bicycles and Parts Manufacturing establishments manufacture motorcycles, scooters, tricycles and
similar equipment and parts.
Motor Vehicles
Manufacturing Global Market Report 2018 is a detailed report giving a
unique insight into this market. The report is priced at $6000 for an
individual user. To use across your office, the price is $9000 and $12000 if
you wish to use across a multinational company.
About The Business Research Company
The
Business Research Company is a market research and intelligence company, which
excels in company, market and consumer research.
It has
research professionals at its offices in the UK, India and the US as well a
network of trained researchers globally. It has specialist consultants in a
wide range of industries including manufacturing, healthcare, chemicals and
technology.
The
Business Research Company's management has more than 20 years of varied
business research experience. They have delivered hundreds of research projects
to the senior management of some of the world's largest organizations.
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Email: info@tbrc.info
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