Innovations are blooming all around the world. Almost all the fields have fallen under the circle of digital advancements and the automotive industry is not an exception. At both the ends of commercial as well as the consumption levels, IoT applications are creating new milestones. Wide new opportunities are opening up in the automotive market after the involvement of IoT.
Role of IoT in the automotive market
Devices connected over a network is no more new technology, IoT is into almost every fields. It is changing everything at a faster phase. The transportation efficiency and the managing abilities encompassed in the automotive sector are grown by multiple times with the aid of IoT.
Market research suggests that the reach of the global automotive market is expected to be around 106.23 USD billion by 2023. The productivity and the time will be saved by a large factor. Along with IoT the high-speed mobile networks which are going to join the party to create astonishing data transfers and communication platform.
Influence of IoT
There are several applications of IoT when it comes to the automotive industry. Some of the interesting ones among them are,
Infotainment on the go
Smart apps are now getting ready to be incorporated into the car infotainment system along with the navigation and telematics. Google has already partnered with the top automotive organizations to integrate its app services to the vehicle system. Nowadays, the vehicles are in need of some kind of external device as a smartphone for internet connectivity. But the future systems will no more need such devices. Everything will become embedded into the car system and seamless services will be available on the go.
Maintenance made easy
It becomes late before we realize that the car needs some kind of maintenance leading to inoperability in a necessary situation. With the technology to arise in the future, such scenarios will become almost zero or rare. The sensors are going to be the operational component in the vehicle monitoring system.
All the functional metrics as the temperature, engine status, speed, navigation, and the electrical system will be measured accurately and the data will be shared on a regular basis. This information collectively can be utilized by the owners to make predictions on the maintenance also alerts will be notified in case of immediate attention required.
When cars get connected, it will be much easier for the manufacturers to resolve the issues directly and inform the drivers about the necessary steps to be taken during an emergency. Scheduling the car service appointment is always a tedious task. But it is no more going to be a burden as future cars are going to be in direct connectivity with the manufacturers. Cars will be serviced regularly without any disruptions maintaining it in a healthy state.
Real-time data transfer is the biggest advantage that the IoT has offered to the industry. The data about the car will be shared with the manufacturers to check the condition of the vehicle. Hence, this helps in the improvement of the lifecycle of the vehicle in their future productions. The response time will grow faster with the data sharing. In case of any issues finding the accountability of the problem will be much easier.
Data will be employed in development, testing and prototyping of the future self-driving cars. As the vehicle engagement of gets more and more the quality of the data will improve. Data analytics and the dashboard reporting tools will provide better insights for the organization to improve their customer services.
Enhanced safety and security
Safety and security is always the primary concern in the automotive industry. The blind spots can be better detected. Assistance for parking and monitoring the surrounding traffic patterns improves the driving further. The drivers will feel much protected than ever before and the collision of the vehicles will turn out to be a rare case. IoT has a lot more to deliver the automotive industry!