The automotive sector is fueled with innovations and technological developments in the form of digitalization & artificial intelligence, advancements in light weight material, designs, sensors, filters, and decrease in fuel usage & emission. Some of the upcoming trends observed in the automotive & transportation market include the rising preference for electric vehicles & crossover vehicles, smart navigation systems, collision assist, traffic & parking assist, and cloud based automotive systems among others. The emergence of IoT in the automotive sector has enabled manufacturers to roll out new innovations in a faster and user-friendly way. Several new developments are expected in the automotive & transportation industry on account of heavy research & development investments coupled with increased government spending in infrastructure development.

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