Future of Work in Automotive - Strategic Intelligence
Description
Future of Work in Automotive - Strategic Intelligence
Summary
Future of work technologies like artificial intelligence (AI), robotics, drones, digital twins, Industrial Internet of Things (IIoT), 5G, and autonomous vehicles will transform automotive industry operations.
They will tackle critical industry challenges, including improving productivity and efficiency, accelerating the energy transition, modernizing aging grids, mitigating skilled labor shortages, enhancing workforce safety, and strengthening energy security. These challenges arise due to on going geopolitical tensions, new regulatory frameworks
Interpretation technologies have revolutionized the sector > Interpretation technologies involve using artificial intelligence (AI) to make informed decisions in the workplace. The use of AI in the automotive sector has paved the way for significant advances in the future of work. Implementing interpretation technologies in various aspects of the automotive industry, from autonomous vehicles (AVs) to manufacturing processes, has enhanced efficiency and productivity and changed the way work is conducted. As AI develops and becomes more sophisticated, the impact on the automotive workforce will become more significant.
Automation is instrumental in automotive supply chains > Automation technologies involve using machines to complement human labor. The use of robotics in the automotive sector has been prevalent since the 1960s. Automation technologies have reshaped the traditional manufacturing process, enhancing efficiency and productivity. Automation technologies will continue changing how original equipment manufacturers (OEMs) and employees work in the automotive sector, streamlining the manufacturing process.
Investing in connectivity is a must > Connectivity is about using networked devices to improve communication. The integration of 5G and the Industrial Internet is changing how work is conducted in the automotive industry, enabling real-time data transmission, smart factories, and improved operational efficiency. 5G technology is critical for developing reliable and safe AVs as the ultra-low latency allows for split-second decision-making based on real-time information. Industrial Internet is key to developing automated manufacturing plants and smart factories. It enables machines, sensors, and other devices to be connected to the same network, communicate, and share data.
This report presents GlobalData’s proprietary future of work framework, built around five transformative technology categories: automation, visualization, interpretation, collaboration, and connectivity.
Future of work technologies like artificial intelligence (AI), robotics, drones, digital twins, Industrial Internet of Things (IIoT), 5G, and collaboration tools will transform the automotive industry. They will tackle critical industry challenges, including
Key Highlights
This report offers a comprehensive analysis of the future of work in the automotive industry including -
Summary
Future of work technologies like artificial intelligence (AI), robotics, drones, digital twins, Industrial Internet of Things (IIoT), 5G, and autonomous vehicles will transform automotive industry operations.
They will tackle critical industry challenges, including improving productivity and efficiency, accelerating the energy transition, modernizing aging grids, mitigating skilled labor shortages, enhancing workforce safety, and strengthening energy security. These challenges arise due to on going geopolitical tensions, new regulatory frameworks
Interpretation technologies have revolutionized the sector > Interpretation technologies involve using artificial intelligence (AI) to make informed decisions in the workplace. The use of AI in the automotive sector has paved the way for significant advances in the future of work. Implementing interpretation technologies in various aspects of the automotive industry, from autonomous vehicles (AVs) to manufacturing processes, has enhanced efficiency and productivity and changed the way work is conducted. As AI develops and becomes more sophisticated, the impact on the automotive workforce will become more significant.
Automation is instrumental in automotive supply chains > Automation technologies involve using machines to complement human labor. The use of robotics in the automotive sector has been prevalent since the 1960s. Automation technologies have reshaped the traditional manufacturing process, enhancing efficiency and productivity. Automation technologies will continue changing how original equipment manufacturers (OEMs) and employees work in the automotive sector, streamlining the manufacturing process.
Investing in connectivity is a must > Connectivity is about using networked devices to improve communication. The integration of 5G and the Industrial Internet is changing how work is conducted in the automotive industry, enabling real-time data transmission, smart factories, and improved operational efficiency. 5G technology is critical for developing reliable and safe AVs as the ultra-low latency allows for split-second decision-making based on real-time information. Industrial Internet is key to developing automated manufacturing plants and smart factories. It enables machines, sensors, and other devices to be connected to the same network, communicate, and share data.
This report presents GlobalData’s proprietary future of work framework, built around five transformative technology categories: automation, visualization, interpretation, collaboration, and connectivity.
Future of work technologies like artificial intelligence (AI), robotics, drones, digital twins, Industrial Internet of Things (IIoT), 5G, and collaboration tools will transform the automotive industry. They will tackle critical industry challenges, including
Key Highlights
- Automation, including robotics, drones, autonomous vehicles, and intelligent automation, is a critical investment for all automotive industry segments. Automation technologies will help solve a range of industry challenges, most notably improving productivity and efficiency by handling operations and maintenance tasks. Automotive companies that fail to invest in automation will get left behind.
- Connectivity technologies such as 5G (& 6G from 2030s) and industrial internet will enhance vehicle-to-everything (V2X) communication, accelerate the development of autonomous driving, and optimize smart manufacturing processes. These advancements will enable real-time data exchange for improved safety, traffic management, and user experiences through features like over-the-air updates and in-car connectivity.
- AI will take over key decision-making processes that previously relied on human expertise, performing these tasks with greater speed and complexity while gathering richer insights. AI algorithms can process vast amounts of data collected from vehicles in real-time, exploiting it for predictive maintenance. AI enables the development of AVs enhancing their ability to perceive, understand, and interact with their environment.
This report offers a comprehensive analysis of the future of work in the automotive industry including -
- How future of work technologies will solve five key automotive industry challenges
- Which future of work technologies companies across the automotive industry value chain should invest in, explore, and ignore
- Leading adopters and specialist vendors of future of work technologies in the automotive industry
- Case studies
- M&A and hiring trends
- A thematic scorecard ranking major automotive companies in the future of work theme
- GlobalData’s strategic intelligence ecosystem is a single, integrated global research platform that provides an easy-to-use framework for tracking all themes across all companies in all sectors.
- This report is essential reading for senior executives to understand how the automotive industry will be transformed by future of work technologies, ensuring your company does not get left behind.
Table of Contents
39 Pages
- Executive Summary
- Players
- GlobalData’s Future of Work Framework
- The Impact of the Future of Work on Automotive
- Supplier networks
- Auto manufacturers
- Sales and marketing
- Sale and post-sale activity
- How interpretation helps tackle the challenge of CASE megatrends
- How visualization helps tackle the challenge of ESG and regulation
- How collaboration helps tackle the challenge of geopolitics
- How automation helps tackle the challenge of supply chain optimization
- How interpretation helps tackle the challenge of digital transformation
- Case Studies
- Hyundai and Kia introduce wearable robots
- GAC unveils a humanoid robot
- SupplyWhy streamlines the auto supply chain with AI agents
- Toyota introduces a concept car with 3D-printed parts
- The Future of Work Timeline
- Signals
- Mergers and acquisitions
- Company filing trends
- Hiring trends
- Companies
- Leading future of work technology adopters in automotive
- Specialist future of work technology providers in automotive
- Sector Scorecard
- Vehicle manufacturing sector scorecard
- Who’s who
- Thematic screen
- Valuation screen
- Risk screen
- Further Reading
- GlobalData reports
- Our Thematic Research Methodology
- About GlobalData
- Contact Us
- List of Tables
- Table 1: Mergers and acquisitions
- Table 2: Leading future of work technology adopters in automotive
- Table 3: Specialist future of work technology providers in automotive
- Table 4: Glossary
- Table 5: GlobalData reports
- List of Figures
- Figure 1: Key players in the future of work theme
- Figure 2: GlobalData’s future of work framework
- Figure 3: Thematic investment matrix
- Figure 4: Hyundai and Kia’s new ‘X-ble Shoulder’ wearable robot
- Figure 5: GAC’s GoMate humanoid robot
- Figure 6: SupplyWhy demonstrates how agentic AI can benefit the automotive industry
- Figure 7: Toyota’s Hyper F concept car
- Figure 8: The future of work story
- Figure 9: AI and robotics are key tech themes in vehicle manufacturers’ company filings
- Figure 10: Tesla led OEMs in AI mentions between 2020 and 2024
- Figure 11: AV-related active jobs in the automotive industry peaked in March 2023
- Figure 12: Forvia was the top hirer of AV talent in the automotive sector
- Figure 13: Who does what in the vehicle manufacturing space?
- Figure 14: Thematic screen
- Figure 15: Valuation screen
- Figure 16: Risk screen
- Figure 17: Our five-step approach for generating a sector scorecard
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