Automotive & Transport
As technology is getting more scalable and suited for real-world applications, consumers are still unsure about the safety of autonomous vehicles. The demand for electric vehicles (EV) is growing globally especially across Asia-Pacific and Europe owing to support environmental policies, big-brand collaborative activity, and shifting consumer attitudes. Globally consumer opinions mixed representing a significant interest in time-saving features keeping significant concern remained over privacy and data security. OEMs are facing trouble with gaining expected prices for innovative components. Electrification and automation are driving infrastructure development in public transportation. The degree of privatization of state-owned transportation operations strongly differs among emerging countries and the role of governments has remained active as game makers. The automotive industry refers to vehicle manufacturers, OEMs, component and automotive part manufacturers, re-sellers and aftermarket services, maintenance, and parts replacement. The transportation industry facilitates trade between different people from place to place via air, water, pipeline, motor, and rail. The companies belonging to the transportation industry are responsible for the transportation of customers and goods. On the other hand, logistics involves companies that are in material production, handling, packaging, inventory and warehousing and sometimes security too.