Automotive ER&D spend is expected to grow at a CAGR of 8-9%. This growth is primarily driven by growth in xEV, connected mobility, and vehicle software priorities, accompanied by an increasing share of digital engineering activities.
As the world witnesses the advancement of the automotive industry, three major mega trends are expected to shape the future of the global auto sector. These include
This report is a deep dive into the automotive sector, along with case studies highlighting the mega trends driving the auto sector growth. This sector is expected to be one of the top growth drivers for ER&D sector by 2030 and has been mentioned briefly in last year’s report on seizing the ER&D advantage by 2030.
Download the report and get detailed insights on the sector.
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