Automobile & Transportation
The automobile and transportation industry has been drastically changing over the recent years to cater to changing consumer demands and high focus on improving safety and durability. There has been a rapid increase in the demand for electric vehicles owing to rising awareness about carbon emission and pollution. Leading key players in the industry are designing, developing, manufacturing and upgrading existing automotive models and are focused on launching modern automobiles with latest facilities and features. Factors such as changing consumer patterns, high adoption of Artificial Intelligence (AI) and robotics in automobile and transportation sector, rapid urbanization and growing demand for light and heavy commercial vehicles are expected to drive market growth going ahead.