Are you looking forward to owning a new car someday? If yes, then you should probably check out this article, because not only does it contain some great facts about cars, but also provides some predictions about upcoming trends. Cars have always been a part of our lives. They’ve played a significant role in shaping our culture and society. The automobile is now such a prominent feature of modern life that it has become almost inseparable from the concept of freedom. Cars are a key element of transportation across the globe, and they continue to play an important role in global economy.
With the advent of self-driving vehicles, changes are expected to occur in mobility patterns. This means the future of automobiles is going to be very different from what we see today.
The history of the automobile can be traced back many centuries. Although people have tried various methods over those years to power their own vehicles, they didn’t manage to get any major breakthroughs until the late 19th century. In 1775, horse drawn carriages became popular with the public. The first gasoline powered vehicle was made by Thomas Boulton in 1839. As technology advanced, gas engines replaced steam engines. By 1890, the internal combustion engine had revolutionized the automotive industry. By 1931, nearly 50% of all passenger cars produced were equipped with an internal combustion engine.
Future Automobile Trends and Predictions
Electric Car Sales Increase
According to Business Insider, electric car sales have increased by 25 times since 2000. Between 2006 and 2009, U.S. consumer spending on alternative fuel vehicles (primarily battery-powered vehicles) totaled $6 billion. This amount represented 12 percent of overall consumer spending on alternative energy products at that time. The number of EVs sold worldwide surpassed one million units during 2013. Tesla Motors (electric sports car manufacturer), Nissan (Japanese automobile company), and General Motors (American automobile manufacturer) have each announced plans for electric cars by 2022.
Self-Driving Vehicles Take Over
Automakers already have begun developing autonomous driving systems. Some manufacturers have even created concepts based solely upon autonomous driving. Google’s autonomous vehicle “Waymo” program received its first license plates earlier this year. It will allow anyone to test its self-driving software on Arizona highways. Many experts predict that autonomous vehicles will hit roads sometime around 2023. There are still doubts, however; many people believe that autonomous vehicles are too expensive and difficult to build.
Autonomous Ride Services
Companies like Uber, Lyft, and Sidecar are experimenting with ways to offer free rides using self-driving cars. These ride services are intended to make travel easier and safer. One day, these companies may connect passengers directly to self-drive cars. A research study conducted by Forrester Consulting forecasts that there could be more than 7 million driverless taxis by 2025. This would represent about 20% of the total predicted taxi market share by then.
Transportation Modes Change
Traditional modes such as walking, driving, cycling, and taking mass transit are becoming less prevalent in modern society. People are opting instead to use private vehicles or ride-sharing services. This shift in transportation choices has caused some cities to become congested and inefficient. Cities are now considering ways to encourage alternatives while reducing traffic congestion.
Vehicle Design Evolution
We expect to see several design changes emerge over the next few decades. Among them are smaller vehicles and a trend toward urban living. We’ll also likely see the emergence of new forms of hybrid technologies.
Globalization – A New Trend
The past few decades have seen massive globalization. We’ve witnessed the formation of huge economic alliances like NAFTA. Globalization has led to increased movement of goods worldwide. It also increased creativity globally, where developers have utilized new tech for things such as cellphones, industrial advances and even online casino development, all apply. It’s resulted in greater trade opportunities as well as less barriers between countries. So how will these developments affect the automotive marketplace? There is no doubt that globalization is one trend that will have a big impact on the auto industry. But even though there is increased competition for consumers, manufacturers still need to focus more on quality and customer satisfaction. Consumers demand cars that provide features like reliability, safety, affordability and fuel efficiency, as well as comfort.
Conclusion on Automobile Trends
According to the Global Market Insights team, we can safely conclude that the future holds great promise for the automotive sector. Major shifts in trends and innovations will shape our lives. As you begin your studies into global markets, keep in mind that just because a certain technology doesn’t exist yet, it doesn’t mean we won’t see that technology in the future. In fact, we probably will.
What kinds of Automobile trends are we expecting?
As technology continues to evolve, the way we drive and interact with our automobiles should change significantly. We already know that traditional means of transportation like walking, biking, and public transport will continue to decline.
Are there any other important Automobile trends on the horizon that I haven’t mentioned here?
Yes! The growing importance of mobile technology and data analytics can have an enormous effect in the near term.
Is it possible to predict exactly what future models will look like?
No. Even if you were able to predict all the major trends in the transportation industry, you’d never really know if they would manifest themselves correctly. There’s always something unexpected.