Jan 21, 2021   SOURCE: BusinessWire

Global Industry Convergence and Innovative Technologies Positioning Cars as Vehicles of Health - Market Study to 2025 - ResearchAndMarkets.com

The "Industry Convergence and Innovative Technologies Positioning Cars as Vehicles of Health, Global, 2025" report has been added to ResearchAndMarkets.com's offering.

The automotive industry, already reeling under a challenging 2019, has been dealt a further blow by Coronavirus (COVID-19) , since the demand for durable goods such as new passenger cars, light commercial vehicles (LCVs), and allied mobility activities will halt for the time being and later due to a change in purchasing priority. Amidst this socio-economic calamity, there are some business verticals that are well positioned to crest a wave of new opportunities thrown up by the COVID-19 storm.

In the process, the analyst expects the Health, Wellness, & Wellbeing (HWW) component in the Automotive Industry to surge in order to reposition focus areas and charter new growth paradigms. Healthcare digitisation, emergence of mHealth apps, and their integration in the car for clean and pathogen-free interiors, driver monitoring, and diagnosis are expected to gain strong footholds in the industry.

The built-in route encompasses HWW features enabled through hardware like, for instance, sensors that are factory fit into vehicles by auto manufacturers. Brought-in HWW features will happen through devices brought in by drivers and passengers, such as smartphones, smart glasses, smart headsets, and smart watches. Finally, beamed-in solutions will basically be cloud-based and will be enabled in vehicles via secure virtual technology platforms from secured private/public databases.

In response to the recent COVID-19 pandemic, a few automakers have already started work on redesigning their cars. Similar trends are playing out in the aftermarket with a focus on innovative products that aid in-vehicle air purification. For example, Jaguar Land Rover (JLR) has been working on advanced ultraviolet (UV) ray technology that can kill germs while Geely has already launched an SUV equipped with an N95 air-filtration system capable of purifying the air of bacteria and viruses.

Research Highlights

  • Current implemented HWW solutions and the main challenges/pain points faced by automakers
  • Key drivers that will underpin market growth in the short to medium term
  • Future HWW capabilities customers would want to have; and the one that is the most relevant for them
  • Scope of solutions offered by different stakeholders - OEMs, technology providers, and Tier 1 & 2 suppliers - as well as understanding the shift towards the digital health marketplace
  • Current technology stakeholder ecosystem, opportunities for OEMs for partnerships in the future, and the areas they should focus on
  • Changed landscape as a consequence of COVID-19; automakers' preparedness for the same, changes in their strategies, and the expected future roadmap
  • Autonomous cars and the changes they will bring about in the in-cars HWW landscape

Key Topics Covered:

1. Strategic Imperatives

2. Growth Opportunity Analysis

  • Automotive HWW Market Overview
  • HWW Segmentation in the Automotive Industry
  • Key Competitors in the Automotive HWW Market
  • Key Growth Metrics
  • Growth Drivers for the Automotive HWW Market
  • Growth Restraints for the Automotive HWW Market
  • Forecast Assumptions
  • Total Addressable Market Forecast - Scenario 1 (Low Penetration Rate)
  • Total Addressable Market Forecast - Scenario 2 (Medium Penetration Rate)
  • Total Addressable Market Forecast - Scenario 3 (High Penetration Rate)
  • Addressable Market Forecast Discussion
  • Stakeholder Comparative Analysis - Automotive OEMs
  • Stakeholder Comparative Analysis - Tier 1 & 2 Suppliers
  • Stakeholder Comparative Analysis - Technology Start-ups

3. Market Analysis

4. Competitor Landscape Analysis

  • Competitor Landscape - OEM: Ford
  • Competitor Landscape - OEM: Mercedes Benz
  • Competitor Landscape - OEM: Volvo
  • Competitor Landscape - OEM: JLR
  • Competitor Landscape - OEM: Honda
  • Competitor Landscape - OEM: Hyundai/Kia
  • Competitor Landscape - Tier-1 Supplier: Valeo
  • Competitor Landscape - Tier-1 Supplier: Bosch
  • Competitor Landscape - Tier-1 Supplier: Continental
  • Competitor Landscape - Tier-1 Supplier: Comfort Motion Global
  • Competitor Landscape - Tier-1 Supplier: Yanfeng
  • Competitor Landscape - Tech Start-ups: Adam Cogtec
  • Competitor Landscape - Tech Start-ups: Vigo
  • Competitor Landscape - Tech Start-ups: Freerlogic
  • Competitor Landscape - Tech Start-ups: Cerence
  • Competitor Landscape - Tech Start-ups: binah.ai
  • Competitor Landscape - Tech Start-ups: Affectiva

5. Challenges Surrounding the Implementation of Automotive HWW Solutions

  • Overview of Regulatory Landscape for the Uptake of Connected Car HWW Services
  • Liabilities and Concerns for the Development of Connected Car HWW Services
  • Mapping OEM Liabilities towards HWW Vehicle Technologies

6. Implications of COVID-19 on the HWW Industry (Short, Mid, and Long Terms)

  • COVID-19 to Redesign Cars and Mobility
  • Consumers' Car Purchase Considerations Shifting towards Health Configurations
  • COVID-19 Impact: OEM Mitigation Strategies & HWW

7. Conclusions and Future Outlook

8. Growth Opportunities

9. Next Steps

For more information about this report visit https://www.researchandmarkets.com/r/1qdihv