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

  • Delphi partners with Innoviz Technologies on LiDAR solutions for autonomous vehicles
    August 21, 2017
    UK connected automotive technology company Delphi Automotive is to team up with Israeli LiDAR technology company Innoviz Technologies, which is developing a product that provides a high performance intelligent sensing solution to help advance automated driving technology. Innoviz's proprietary LiDAR sensing solutions will be integrated into Delphi's systems to provide automakers with a comprehensive portfolio of autonomous driving technologies.
    Read More
  • Autonomous vehicles, the pros and cons
    November 21, 2013
    Driver interface and human factors could provide the biggest obstacles to autonomous vehicles as Jon Masters discovers.
    Read More
  • Volkswagen emissions – ‘a missing global standard is the issue’ say UK organisations
    September 24, 2015
    The UK’s Transport Research Laboratory (TRL) and research organisation Frost and Sullivan have both commented on the Volkswagen diesel emissions scandal, which has resulted in the resignation of CEO Martin Winterkorn. The world's biggest carmaker by sales has admitted to US regulators that it programmed its cars to detect when they were being tested and altered the running of their diesel engines to conceal their true emissions. Winterkorn said, “I am shocked by the events of the past few days. Above
    Read More
  • The rise of EVs: it’s electrifying!
    November 9, 2021
    The projected rise and rise of electric vehicle usage means that European road surfaces are taking on new appearances to get ready
    Read More

Highlighted Content