How Does Automotive Digital Services Facilitate Predictive Maintenance Of Motor Vehicles

By Author: Pramod Kumar
Total Articles: 97
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The digital transformation in the automotive industry has given wings to the motor vehicles running on the streets. Earlier, buying a car was a stressful task with ill-fed information in newspapers and negotiating with the salesman. But now consumers can research online about the car models they want to buy or rent. In addition, digital transformation in the automotive industry not only personalizes the consumer’s experience but also customizes his or her needs. The digitalization of the connected supply chain reduces the cost and increases consumer engagement by collecting and using the data to serve efficiently to customers.

The standardized information and data availability have built the hope in participating companies to enhance their efficiency and pace up the company processes. The focus on small and medium-sized enterprises has also increased considering their crucial participation to ensure the network’s success. Therefore, Catena-X is adopted initially as an open network with solutions that are SME-ready. They will also participate quickly with fewer IT infrastructure investments.

Germany leads in ...
... the race of having the highest number of cars among European countries, as cities such as Munich, Cologne, and Hamburg have made the top list of heaviest traffic. Car sharing companies are offering cars in good conditions with better prices to decrease the congestion and facilitate the residents with the convenience of personal cars. Presently, Germany is a way ahead in having an extensive number of shared cars running on its roads. The car-sharing is massively popular in the country.

It requires effective planning to import or buy a car, considering the primary expense of the car, including registration, number plate fees, insurance, fuel, taxes, and maintenance expenses. Individuals who live and work in the same city might find it too expensive to have a personal car for limited use. The alternative solution to this problem is renting a car from an agency, and thus save a lot of money.

Moreover, the automotive industry is witnessing the increased adoption of level 0 to level 2 advanced driver assistance systems, with features such as braking assist, lane-keeping assist, blind-spot indication, parking assist, and adaptive cruise control. The shift from assisted driving to fully automated driving requires OEMs to be prepared for advanced driver level 3 and more. Moreover, ADAS offers security and safety to car passengers by preventing deaths and injuries caused by car accidents. The crucial ADAS applications include pedestrian detection, lane departure warning, blind-spot detection, and automatic emergency braking.

Germany Automotive Digital Services Market Overview: https://www.psmarketresearch.com/market-analysis/germany-automotive-digital-services-market

Pramod has around 7 years of experience in market research and consulting services for healthcare industry. He holds varied experience in market sizing and forecasting with varied models, competition landscape, consumer behavior analysis, opportunity analysis, product/company benchmarking, data mining and others. He has successfully delivered multiple projects on go-to-market strategies, pricing strategy, price point analysis, Business Expansion, market entry and exit, share analysis and others. Prior to joining P&S Intelligence, he worked with different research companies, including Transparency Market Research and MarketsandMarkets Pvt Ltd. Some of the projects delivered by him include Scar Treatment Market, Skin Replacement and Substitutes Market, and Energy-Based Aesthetic Devices Market.