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

  • Need for harmonisation in ITS standards
    February 1, 2012
    As the calendar rolls over, and we hop from continent to continent and World Congress to World Congress, where Memoranda of Understanding and cooperation agreements are the headline news, it is easy for those not intimately involved to forget that standards definition is a well-nigh continual process. Significant progress has been made in recent months towards achieving the critical mass and economies of scale which are going to drive development and deployment in, amongst other things, cooperative infrastr
    Read More
  • Mercedes-Benz Vans sets up on-demand shuttle service JV with US start-up Via
    September 6, 2017
    Mercedes-Benz Vans is investing US$50 million in new joint venture with US start-up Via to bring Via’s on-demand shuttle service, already launched in New York, Chicago and Washington DC, to Europe. The service will launch in London this year. The joint venture will also partner with public transit operators across Europe, licensing Via’s on-demand shuttle operating System to enable cities to significantly improve mobility while reducing congestion without incurring any additional infrastructure costs.
    Read More
  • Telematics Update Awards 2012 winners announced
    June 7, 2012
    Telematics Update has announced the 12 winners of its Annual Telematics Update Awards at the Telematics Detroit 2012 Conference & Exhibition. The entries were judged by a selection of independent consultants and industry experts.
    Read More
  • Delphi to launch first coast-to-coast automated drive
    March 17, 2015
    UK automotive company Delphi Automotive will demonstrate the full capabilities of its active safety technologies with the longest automated drive ever attempted in North America. The coast-to-coast trip will launch near the Golden Gate Bridge in San Francisco on 22 March and will cover approximately 3,500 miles, finishing in New York. The journey will allow Delphi engineers to gather critical data and further advance the company’s active safety technology development in this rapidly growing segment of the a
    Read More

Highlighted Content