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Asia-Pacific Automotive Industry Now a Powerful Revenue Generator for Robot Manufacturers
For complimentary access to more information on this research, please visit: http://corpcom.frost.com/forms/APAC_PR_CLow_MC0B_Nov16The North American automotive industry is witnessing the fastest rate of modernization, and automation and robotization are priority investments for manufacturers.However, the biggest revenue contributors are Asia-Pacific countries such as South Korea, China, Japan and India, which accounted for nearly 50 percent of the total revenue in 2015.Chinese automotive manufacturers currently use only one robot per 30 workers, but this ratio is expected to improve as they realize the greater value of homogenous product quality over cost reduction.
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Increased Demand from Automotive Industry to Drive the 3D CAD Market in Eastern Europe Through 2021, Says Technavio
LONDON--(BUSINESS WIRE)--According to the latest market study released by Technavio, the 3D CAD market in Eastern Europe is expected to grow at a CAGR of more than 7% during the forecast period.This research report titled '3D CAD Market in Eastern Europe 2017-2021' provides an in-depth analysis of the market in terms of revenue and emerging market trends.This market research report also includes an up to date analysis and forecasts for various market segments and all geographical regions.
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Five Pillars of Digitization Set to Transform the Automotive Industry
MOUNTAIN VIEW, California, Nov. 24, 2016 /PRNewswire/ --WHEN: Wednesday, November 30, 2016 at 11:00 AM EST LOCATION: Online, complimentary registration available at: http://frost.ly/15b SPEAKERS: Frost & Sullivan Intelligent Mobility Senior Partner Sarwant Singh, Mobility Research Manager Praveen Chandrasekar, Chief Security Architect and Founder of Irdeto's Cloakware for Automotive Security Solution, Stacy Janes, Mahindra Group Senior Vice President of Digital Innovation and E-Commerce Jaspreet Bindra.The rapid pace of digitization is transforming the component hardware-driven automotive sector to a software- and solutions-focused industry, accelerated by consumers' evolving digital lifestyle expectations and demands for new and innovative services.The future roadmap of digitization in the automotive sector is expected to move rapidly from "digital services" to "car-as-a-service" to "mobility-as-a-service," transforming the car into an element of a connected living solution by 2030.
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