Electronic tech features in today’s cars and trucks have hugely transformed the automotive industry. They are an integral part of how we interact with our vehicles and how our vehicle interacts with those around them on the road, and the features range from safety and security to communication and connectivity. Some features assist with parking and visibility, and some help drivers stay connected with friends and family and quickly contact emergency service if needed.
Automatic emergency braking (AEB) is essential to a vehicle’s safety technology, as it is faster than a human reaction time to avoid an accident. Vehicles equipped with AEB senses that a collision is imminent, and activates and potentially avoids or minimizes the impact of the crash.
Driven by such trends, the automotive market is expected to reach $107.15 billion by 2030 from $29.7 billion in 2022, with a CAGR of 17.4 percent.
To put the spotlight on many other key developments in the industry, Auto Tech Outlook illustrates how the automotive tech space is leveraging sensors and AI technology to its benefits. This edition also features thought leadership articles from subject matter experts. Some of the exclusive insights are authored by Sacha Porges, Global Director, Customer Quality & Programs at GKN Automotive; Waldemar Linares Rodriguez, Manager, Advanced Simulation Technologies at AVL; and Ken Kinsella, Director, Major Accounts at Hyster Company. They shed light on the importance of credit when financing anything, the importance of simulation in battery development, and the factory of the future.
In this edition of Auto Tech Outlook, we also bring to you the story of the top automotive technology solution providers leveraging automotive intelligence. In the list, Taq stands out for its mission to completely reimagine and transform the way cars are bought and sold. We also bring to you the story of GEM-CAR, with a software that is easy to use and comprises built-in modules for customer relationship management (CRM) and digital inspection. Rinax is another company on the list that offers its X4 management software for invoicing, accounting, and inventory control, with an optional service order module.
Through the following pages, we aim to shine a light on the innovative trends and latest developments in the Canadian automotive technology industry. We would like to know your thoughts.
