2016 KPMG global auto survey ranks ‘connectivity and digitalization’ the overarching key trend disrupting the auto industry until 2025.
Staying connected has become a basic part of everyday life. This year’s survey finally shows that auto executives have fully embraced connectivity and digitalization and ranked it as the overarching key trend disrupting the auto industry until 2025.
Ranked #10 in our 2015 survey, executives have moved connectivity up to #1 this year, with half of them rating it as extremely important.
For the last three years, the top concern was growth in emerging markets, which has now dropped to #4. Alternative powertrain technologies are high on the list of trends in 2016, with hybrid electric vehicles at #2, battery electric vehicles up from #9 to #3 and fuel cell electric mobility staying fairly constant at #5.
The aftermath of the ‘dieselgate’ scandal of unreliable emission test results from autumn 2015, alongside the increased importance of alternative drivetrains, is shown in the results: the formerly high-ranked trend of downsizing internal combustion engines has dropped from #2 in 2015 to #10 in 2016.
The surveyed executives also give more importance to autonomous and self-driving vehicles than one or two years before. Beyond that, the results reflect that executives recognize that vehicle or customer related data will be a crucial success factor for the coming years in the automotive industry. More than 40 percent estimate big data/user data as a very important key trend.
Generally, the ranking of this year’s key trends reflects that the auto industry is moving its focus increasingly towards the customer needs, rather than traditionally product and technology-led internal concerns, as the trend of rationalization of production in Western Europe dropped from #4 in 2015 to #11 in this year’s survey.
© 2022 Copyright owned by one or more of the KPMG International entities. KPMG International entities provide no services to clients. All rights reserved.
KPMG refers to the global organization or to one or more of the member firms of KPMG International Limited (“KPMG International”), each of which is a separate legal entity. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. For more detail about our structure please visit https://home.kpmg/governance.
Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.