PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1383273
PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1383273
New Players Spur Industry Convergence and Cooperation between Automotive Tech Firms and Technology Businesses to Create a Robust Value Chain
The automotive industry is increasingly electrified, and multiple tech companies are entering the sector, making it competitive and fragmented. This study provides a strategic overview of several new entrants in the automotive industry, with the intent of identifying and understanding the factors that contribute to their success. New entrants in the automotive sector are focusing on smart technologies in the connected, autonomous, shared, and electric (CASE) ecosystem. Frost & Sullivan has examined each company's innovation and research portfolios as well as purchasing assets and capabilities. The study also covers partnerships between traditional automakers and contract manufacturers, which are expected to shape the automotive sector. The study period is 2021-2030.