The key words to describe the future of the automotive industry standards lie in engineering, technology and sustainability. Vehicles are poised to become more eco-friendly, intelligent and efficient as the future of automotive design is driven by innovation and sustainability. The fast pace set in these developments means that stakeholders must balance planning and execution to stay competitive and grow into the industry’s growing needs.
From electric vehicles (EV) that redefine how the transportation industry approaches powertrains to the development of autonomous vehicles and an automotive landscape that caters to the driver’s safety and experience, it is clear to see that automotive design is moving swiftly toward innovative ways to make daily commutes more efficient, safer and increasingly exciting.
Adapting to an industry driven by the need for change means that stakeholders have to become connected enterprises that are data-driven and use digital technologies for innovation and communication. For automakers, component manufacturers and design engineers to adequately adapt to the fast-paced changes the industry is seeing, focus needs to hone in on the following categories:
The supply chain and manufacturing sectors are embracing change with new trends emerging in the automotive industry. Manufacturing will become modular with the number of technologies incorporated into vehicle functionality. These manufacturing changes can be broken up into three sections that will redefine the automotive industry’s operations over the next two decades:
As automotive manufacturers continue to embrace innovative technologies, they can also benefit from exploring business automation strategies to streamline their operations. Implementing automation can enhance efficiency and reduce costs, which is crucial in a competitive industry. Additionally, understanding advanced manufacturing techniques like high-speed stamping can significantly improve production capabilities, allowing for faster turnaround times and better product quality.
There are a number of processes that are redefining automotive parts manufacturing to increase parts durability and performance. Manufacturers are starting to adjust their factories and source providers who can provide components made using these techniques:
Traditional methods of automotive design are somewhat scattered, with a focus on sourcing components from various supply chain vendors. Thanks to a core operation that had to synchronize efforts from a wide variety of suppliers, manufacturers were hard-pressed to incorporate new features into vehicles.
As the industry progresses, the focus shifts to a software-driven model offering regular, remote updates. This works to simplify hardware design and functionality, moving away from individually designed engine control units and towards continuously improving driver experience. Changes like these will prompt more automotive regulations and standards that include a cybersecurity ecosystem and standard regulations from governing bodies.
Industry 4.0, or the Fourth Industrial Revolution, is the nomenclature for the expansion of digitization and robotics in manufacturing. It paves the way for lean management solutions, and the future of automotive design is ready to relish these new opportunities, such as customer focus, modularizations, flexible production operations with real-time capacities and sustainable business practices. The implementation of these becomes increasingly evident when looking at future changes in automobile technology that are already emerging. Some trends that show incredible potential include:
Moving forward, the distinguishing factor between competitors in the automotive design field will depend on product SVD capabilities. With a focus on high-strength materials, technological advancements and sustainability, manufacturers need to reevaluate their in-house and outsourcing strategies to keep up with demand.
New Concept Technology utilizes a single supply chain and cross-functional design teams to offer you a cost-competitive product line solution. With ISO 9001:2015, IATF 16949 and ISO 13485 certifications, you can be confident in our advanced capabilities to deliver innovation, design and manufacturing of automotive components. Contact us today for a free engineering evaluation or to learn more about our high-speed manufacturing processes.