The economic recession of the past decade took a heavy toll on the Automotive industry, with many industry experts expecting some of the big names in the industry to shut shop. Despite the dismal forecast however, the industry has managed to recover albeit with the help of various stimulus packages and is currently witnessing fairly steady growth. In this respect, companies in this industry have been investing in various manufacturing processes and technologies to reduce the overall manufacturing costs. Simultaneously, these companies have been offering the latest technologies featuring improved efficiency and safety features. Companies in this industry have found it essential to keep themselves abreast of the latest industry trends so as to plan for future requirements.
The TechNavio Automotive domain provides global market analyses and forecasts as well as information on the key drivers, challenges, and the latest trends associated with the Automotive industry. Through this domain, clients can utilize actionable market and business intelligence and strategic insights to identify key market opportunities for their growth and investment plans. TechNavio’s global team of analysts continuously monitors various automotive-related markets such as the Component Manufacturing, Safety Systems, Green Vehicles, and Automotive Electronics markets for your benefit.