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Automotive Market Research Reports

Automotive Research

The automobile industry is singularly researched to be characterized by extreme competitiveness where market players engage in cut-throat contests as they vie for a top-tier position. With technologies such as autonomous and electric vehicles, telematics, and cloud computing making headway, tier 1 suppliers and OEMs are forced to update their product portfolios to make a giant revenue catch in the automobile market. In April 2017, Tesla humbled Ford to be crowned as the second most valuable U.S. automaker, while closing in on General Motors (GM).

Emerging nations such as Brazil, Indonesia, India, and Russia are prognosticated to be the cream markets for automobile products. This is evident with the binge investment of car manufacturing behemoths such as Nissan in less developed but very lucrative markets, although the company is still waiting to recoup all of its investment.

The U.S. environmental protection agency (EPA), corporate average fuel economy (CAFE), greenhouse gas (GHG), and North American free trade agreement (NAFTA) regulation reforms under the new US administration are asking companies to feel the need for speed. The ability to quickly react to policy changes and potential industry disruptions in the interim is envisaged to create winners and losers, thus impacting the complete automotive value chain.

Automotive Market Research Reports

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