Start-ups ‘steering growth and innovation in global automotive and mobility industry’

From devising driver monitoring systems to mapping services and driver safety data on the go, start-ups are rapidly emerging in every technological vertical in the automotive space, say Frost & Sullivan researchers. Over 1,700 start-ups are focusing on developing technologies that enable electrification, autonomous cars and mobility solutions to reduce the cost of ownership and enhance user experience. Meanwhile, original equipment manufacturer (OEM) start-up initiatives such as BMW Start-up Garage, the JLR
May 24, 2017 Read time: 2 mins
From devising driver monitoring systems to mapping services and driver safety data on the go, start-ups are rapidly emerging in every technological vertical in the automotive space, say 2097 Frost & Sullivan researchers. Over 1,700 start-ups are focusing on developing technologies that enable electrification, autonomous cars and mobility solutions to reduce the cost of ownership and enhance user experience.


Meanwhile, original equipment manufacturer (OEM) start-up initiatives such as 1731 BMW Start-up Garage, the JLR Incubator Program, 278 Ford Mobility and 1959 GM Ventures, are fuelling start-up investment and the race to bring autonomous electric mobility to market.

The analysis, Start-ups Disrupting the Global Automotive and Mobility Industry, 2016-2017, finds the total start-up funding across various technological verticals garnered US$1.55 billion in 2016, with major investment focused on mobility, electrification and connected car technologies.

“By 2025, mobility solution revenue is expected to reach €1.89 trillion, and OEMs will look to capitalise on this by acquiring or investing in mobility start-ups across the globe,” said Frost & Sullivan Mobility Industry Analyst Ramnath Eswaravadivoo. “Tier 1 suppliers are also engaging in acquisitions and investments in start-ups in order to enhance their existing portfolio, gain a competitive edge, and become one-stop solution providers as evinced by Delphi’s acquisition of Movimento, Microsoft’s acquisition of Maluuba, and 6328 Harman’s investment in aftermarket head-up display provider Navdy.”

“In the future, all OEMs will look toward digitalisation of their ecosystem; Increasing digital retail and adoption of blockchain technologies will be critical success factors,” noted Eswaravadivoo.

For more information on companies in this article

Related Content

  • Adoption of ITS fuelled by need to tackle traffic issues, says research
    October 19, 2016
    The revenue of the global intelligent transportation systems market stood at US$20.22 billion in 2015 and the market is expected to reach US$57.44 billion by the end of the forecast period, developing at a CAGR of 12.7 per cent during the forecast period, according to research by Transparency Research (TMR). According to the report, Intelligent Transportation System Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016-2024, on the basis of type, advanced transportation managem
    Read More
  • Microsoft teams up with IAV to develop traffic safety technology
    January 6, 2016
    IAV and Microsoft are teaming up to develop a ‘connected highly automated driving’ (CHAD) vehicle, the companies announced at CES 2016. The vehicle will connect with Microsoft’s Azure and Windows 10 to prevent pedestrian accidents. In addition they claim the new technology will also increase driving comfort. This new vehicle-to-X (V2X) communication connectivity approach uses data from the vehicle’s surroundings to improve smart service for convenience and enhance safety by anticipating and mitigating po
    Read More
  • Accelerator programme seeks UK start-ups to lead transport revolution
    September 7, 2017
    Start-up businesses with innovative solutions to transport challenges such as congestion, overcrowding, emissions and road safety, are being encouraged to apply for a unique new accelerator programme launched at Cenex-LCV. The Intelligent Mobility (IM) Accelerator, based in Milton Keynes, a partnership between Transport Systems Catapult and Wayra UK, part of Telefónica Open Future, is designed to attract disruptive start-ups with high-growth potential into the UK transport industry
    Read More
  • Printed and flexible electronics in vehicles: major opportunity by 2026
    January 27, 2016
    A new report from IDTechEx Research, Printed and Flexible Electronics in Automotive Applications 2016-2026, indicates that the market for printed and flexible electronics in vehicles is expected to grow to over US$5.5 billion dollars in the next decade, spearheaded by the projected growth of in-mould electronics and OLED technologies. Printed and flexible electronics are beginning to proliferate, with a variety of components and devices coming to market. Several end-user verticals are expected to benefit
    Read More

Highlighted Content