The global automotive industry continues to evolve alongside changing regulatory environments, consumer demand, and material innovation. A patchwork of suppliers – despite consolidation efforts – work hand in hand with their customers to augment design, engineering, and innovation to accelerate the market with new vehicles.
In the 2020 Automotive Outlook, DuckerFrontier’s industry experts outline key trends that are emerging in 2020 and strategies for your business to win in 2020 and beyond:
1. Joining and coating advancements enable new, stronger and more formable materials. The continued adoption of mixed materials remains an integral aspect of meeting corporate average fuel economy (CAFE) and other US and international mandates for fuel economy and greenhouse gas emissions.
2. Metal forming and manufacturing are keeping up with accelerated automaker product launches. The development of advanced lightweight materials also rests on the careful balance of manufacturers and integrators sharpening their capabilities to assemble a solution that is “plug-and-play” ready for automotive OEMs.
3. Mobility business requires new focus. Connected, fully autonomous, and shared mobility solutions are greatly improved by relying on an electrified architecture to maximize each value driver required for successful implementation.
4. Uncertainty with the USMCA and global trade wars. The automotive sector will be one of the industries most affected by the ratification and implementation of the USMCA as highly integrated supply chains have formed through North America.
DuckerFrontier’s Automotive & Transportation team is at the forefront of key trends impacting the industry. How can we help you deliver better outcomes for your business in 2020? Contact us to connect with an industry expert.
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