𝗧𝗼𝗽 𝟱 𝗘𝗺𝗲𝗿𝗴𝗶𝗻𝗴 𝗧𝗿𝗲𝗻𝗱𝘀 𝗦𝗵𝗮𝗽𝗶𝗻𝗴 𝘁𝗵𝗲 𝗙𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗔𝘂𝘁𝗼𝗺𝗼𝘁𝗶𝘃𝗲 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆

𝗔𝘂𝘁𝗼𝗺𝗼𝘁𝗶𝘃𝗲 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆 is one of the most complex and alluring in the world. This industry is going through significant transformation. Due to technological advancements, the automotive industry is experiencing extreme evolution since past five years. The industry is increasingly being reliant on digital and advanced mobility technologies which is expected to shape the automotive industry in coming few years.

According to the market experts, this industry is expected to witness more changes in next decade compared to past 20 years. The automotive industry is projected to show a positive growth of 3.0% per year, and reach 114 million units by 2024. Such high growth is mainly attributed to increasing sales of vehicles across the globe, and technological advancements with respect to manufacturing the vehicles.