As 2017 comes to a dramatic close, we can’t help but look back at what made the automotive industry tick throughout the year. Of course, the year is undoubtedly over for motor vehicle makers as far as product development and car technology is concerned.
Nonetheless, 2017 was a busy year for automakers. We’ve seen a slew of disruptive technologies make a foray into the limelight. Take, for instance, how Uber gave taxi industry a run for its money, and changed the face of transportation.
The ride-hailing tech company, however, wasn’t the only headline maker in 2017.
In this post, we shall walk you through 5 auto industry trends that gained incredible traction in 2017, and will probably continue to make a splash in 2018.
Entry of Block-Chain Technology
It seems like block-chain technology is taking every industry by storm. A few auto suppliers began using the technology this year, and massive adoption is slated for 2018. With block-chain technology, the long-standing problem of counterfeit parts becomes a thing of the past.
Augmented Reality in Driving Driver Safety, Car Design, and Repair
The unique combination of virtual reality and augmented reality has created turnkey solutions for many niche industries. AR made its debut in the auto industry at the beginning of 2017, starting with infotainment displays and head-up displays.
AR is also creating a crop of smart repair technicians, and changing the way car elements are designed – from interior features to seat design and everything in-between.
3D Printing Made Car-Making Easier and Cheaper
In 2017, 3D printing made an entry into the automotive industry with a bang. And, in 2018, it’ll become a mainstay feature in the car manufacturing process. 3D Printing enables carmakers to design and build motor vehicles on a solid chassis. This way, automakers can make bodies that deliver incredible safety.
Increasing Dependence on Big Data
Big Data has been the game-changer in a myriad of industries, and auto sector is at the center-stage. In 2017, USDOT proposed new rules that would make it easier for motor vehicles to communicate with each other on the road.
Self-Driving Cars Remain the Future of Auto Industry
2017 saw a flurry of nifty autonomous functionality emerge in each new car. Autonomous features like adaptive cruise control and self-parking came standard in every OEM new car. With some big-name automakers like Ford announcing that they’ll mass-produce driverless vehicles soon, 2018 will see a plethora of autonomous features appear in most cars.
These are just but a few 2017 trends in the auto industry that might spill over into 2018. The emergence of multi-terrain and crossover vehicles, use of predictive analysis, and collaborative monetization will also see growth in the next 12 months or so.