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The automotive industry is changing – What does this mean for manufacturers?
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Cutting-edge technologies and a series of tech developments have changed how players in the field carry their duties and achieve their goals. In the automotive industry, for instance, a shift towards electric vehicles seems to also influence the industry and how automakers respond to consumer demands.

Another huge change driver is the emergence of autonomous vehicles. The vast majority of automakers today invest heavily to create their own autonomous vehicles. Consumer demands, paired with market trends, generate changes and developments across the entire chain. From suppliers to manufactures and sellers, nobody can escape the new climate and keep up with the transition. Below are only some of the ways manufacturing will keep up with the latest developments.

Machine vision

Thanks to neural networks, machine vision has evolved tremendously during the past few years. With impressive amounts of data surrounding us, machine vision has become able to store it, analyse it, and use it. Now, machines are able to differentiate between almost similarly-looking images. Object detection can now be performed by these machines with incredible rates of accuracy. We are all familiar with the Chihuahua – muffin images on the web. We have all observed how eerily-similar those two things can look, even to the human eye and brain. Well, using data and AI, machine vision is now able to tell the difference between the two with high rates of success.  And now only the tech implemented on expensive cars is able to differentiate between the two. The vast majority of the computer vision tools available online are able to do this.

What does this mean for the automotive industry? Well, it means far fewer car crashes and accidents in the future. It means improving the drivers’, passengers’, and pedestrians’ lives tremendously. It also means the insurance industry will have to readjust its functionality principles, soon enough.

Better suppliers

With higher demands from consumers, manufacturers have seen themselves forced to find better suppliers, as of recently. From price to quality, and sustainability all these variables are taken into account. To remain competitive and attractive for automakers, you have to invest enormously in the latest metal pressing and modelling technologies that come on to the market, say the representatives at Regent Engineers. Not only the materials used in the process matter and make a difference, but also the prototyping technologies available on plants. Besides, the fabrication protocols and processes are also relevant for automakers when selecting their suppliers.

Technology is here to offer car part suppliers a competitive edge when happily adopted, or it can ruin them when overlooked.

Big Data

Data is the new gold, they say, and rightfully so. To remain relevant, all businesses, no matter their field, have to store as much as possible of it and to use it wisely. This is why companies rush to collect all the possible data on us. Trends, behaviours, and relations not visible to the naked eye suddenly become obvious and can be used in unsuspected ways. Big data can now be used to keep up with consumer behaviour and needs effortlessly, unlike in the past.

In the automotive industry, data can be collected in different ways. From the supply chain to the warehouse, there are machines analysing the product quality, health or safety incidents store data. The companies able to harness the true powers of data are also able to make it available to different departments. This helps each decision-making element across the chain make real-time, informed decisions.

Automation

Assembly line automation may be one of the greatest developments we have lived to witness. The potential this technology has in the automotive sector is unbeatable. Today, the biggest part of vehicle assembly is carried through robotization and automation. Today’s production lines work at impressive speeds, being able to deliver huge numbers of cars daily.

But what does automation mean for manufacturers, apart from better production times? Well, the wider adoption of industrial robots translates into better products, since human error is less likely to appear. Second, it means work injury incidences have decreased significantly. With safer work environments and better production rates, the automotive industry seems to be unstoppable.

Automation has been also adopted by design departments all over the world. Today, machines and humans work together to create some of the best vehicles and save money while doing so.

The latest developments we have witnessed during the last decade influence all areas of our lives. And, automotive manufacturers seem to be those who are the most influenced by the latest technological developments.

Companies in different manufacturing fields should look forward to implementing these new pieces of technologies. No matter the industry, these can prove themselves lifechanging for the way they carry their processes.  

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