{"id":4424,"date":"2017-01-26T20:37:18","date_gmt":"2017-01-26T20:37:18","guid":{"rendered":"https:\/\/dev.epictranslations.com\/?p=4424"},"modified":"2017-11-15T13:13:10","modified_gmt":"2017-11-15T13:13:10","slug":"automotive-disruptive-trends","status":"publish","type":"post","link":"https:\/\/dev.epictranslations.com\/ita\/automotive-disruptive-trends\/","title":{"rendered":"Revolutionizing the Auto Industry"},"content":{"rendered":"

Technology-driven trends will revolutionize how industry players respond to changing consumer behavior, develop partnerships, and drive transformational change.<\/p>\n

    \n
  1. Driven by shared mobility, connectivity services, and feature upgrades, new business models could expand automotive revenue pools by about 30 percent, adding up to $1.5 trillion.<\/li>\n
  2. Despite a shift toward shared mobility, vehicle unit sales will continue to grow, but likely at a lower rate of about 2 percent per year.<\/li>\n
  3. Consumer mobility behavior is changing, leading to up to one out of ten cars sold in 2030 potentially being a shared vehicle and the subsequent rise of a market for fit-for-purpose mobility solutions.<\/li>\n
  4. City type will replace country or region as the most relevant segmentation dimension that determines mobility behavior and, thus, the speed and scope of the automotive revolution.<\/li>\n
  5. Once technological and regulatory issues have been resolved, up to 15 percent of new cars sold in 2030 could be fully autonomous.<\/li>\n
  6. Electrified vehicles are becoming viable and competitive; however, the speed of their adoption will vary strongly at the local level.<\/li>\n
  7. Within a more complex and diversified mobility-industry landscape, incumbent players will be forced to compete simultaneously on multiple fronts and cooperate with competitors.<\/li>\n
  8. New market entrants are expected to target initially only specific, economically attractive segments and activities along the value chain before potentially exploring further fields.<\/li>\n<\/ol>\n

     <\/p>\n

    Automotive incumbents cannot predict the future of the industry with certainty. They can, however, make strategic moves now to shape the industry\u2019s evolution. To get ahead of the inevitable disruption, incumbent players need to implement a four-pronged strategic approach:<\/p>\n

    \n

    Prepare for uncertainty.<\/strong>\u00a0Success in 2030 will require automotive players to shift to a continuous process of anticipating new market trends, exploring alternatives and complements to the traditional business model, and exploring new mobility business models and their economic and consumer viability. This will require a sophisticated degree of scenario planning and agility to identify and scale new attractive business models.<\/p>\n

    Leverage partnerships.<\/strong>\u00a0The industry is transforming from competition among peers toward new competitive interactions, but also partnerships and open, scalable ecosystems. To succeed, automotive manufacturers, suppliers, and service providers need to form alliances or participate in ecosystems\u2014for example, around infrastructure for autonomous and electrified vehicles.<\/p>\n

    Drive transformational change.<\/strong>\u00a0With innovation and product value increasingly defined by software, OEMs need to align their skills and processes to address new challenges like software-enabled consumer value definition, cybersecurity, data privacy, and continuous product updates.<\/p>\n

    Reshape the value proposition.<\/strong>\u00a0Car manufacturers must further differentiate their products\/services and change their value proposition from traditional car sales and maintenance to integrated mobility services. This will put them in a stronger position to retain a share of the globally growing automotive revenue and profit pool, including new business models such as online sales and mobility services, and cross-fertilizing the opportunities between the core automotive-business and new mobility-business models.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

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