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Christian Obert

Christian Obert
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Step on the Brakes! Stop Here for “Active Safety” Polymer Materials & Processes in Brake System Applications

Posted by Christian Obert on Jan 30, 2019

Autonomous driving, fuel efficiency and electric driving – three mega trends that are converging on the automotive industry and are likely to forever change it. The global market for Autonomous Vehicles, for one, is expected to grow from USD 3.6 billion in 2015 to an over 26.2% CAGR to 2027. While electric vehicles may have been only one percent of new car sales in 2017 (2.8 million compared to 1.5 billion oil-fueled cars on the road), they are expected to reach 36 million by 2025 and comprise 30% of vehicles by 2040, says IHS Markit

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Tags: Automotive

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