Automotive Trends and Market Insights: What to Expect in 2020

automotive trends

In 2020, cars, driving, and mobility are transforming at an impressive pace. There’s a rise in electric vehicles, innovative technologies, and tougher fuel standards which means the automotive industry is booming.

Autonomous cars are becoming a reality, and IBM predicts that 15% of newly crafted cars will be self-driving in the year 2030.

But what can we expect for this year, in 2020? Here are the automotive trends to look out for.

Electric Cars

Within the automotive industry for years and years now, the internal combustion engine can be found. However, consumer concerns of sustainability and environmental regulation welcome a shift to hybrid and battery-powered vehicles.

The growing popularity of electric cars is also reinforced by expanding charging infrastructure and enhancements in battery technology.

A Focus on Comfort

When it comes to the automotive market, fuel efficiency and performance specs will always be important to buyers. However, lately, consumers are becoming more and more interested in a car’s comfort.

Customers look for amenities such as ride handling and plush interiors.

This may be linked to that average commute times are increasing, meaning that drivers are spending more time in the comfort of their cars. That means that the time that adds up throughout the week should be made more enjoyable and comfortable.

Interior comfort was once reserved for high-end brands. But now many mid-market companies are going one step further than their standard offerings.

The use of durable plastics gives thanks to this. There’s been a focus on improving ergonomics, brightening interiors, crafting entertainment systems, and reducing cabin noise. Molded, high-performance plastic components play an important role in completing these tasks.

Lower Cost of Carbon Fiber

The carbon fiber used to be costly within the auto industry. Therefore, luxury and custom-made cars use this material.

But today, some brands provide carbon fiber composites that are significantly cheaper than before. That means more manufacturers will take advantage of using this lightweight material.

Carbon fiber composite is also very strong and adaptable compared with other materials like steel. Its molding properties mean it can be sculpted into different shapes, sizes, and contours making it a versatile option. This helps make it more attractive and functional too.

Desired versatility has automotive application designers seeking new and inventive ways for vehicles to stand out among the rest of the competition.

Which of These Automotive Trends Will You Invest In?

To gauge the interest of buyers, manufacturers need to keep up with automotive trends.

The rise of electric cars, a focus on comfort, and more affordable carbon fiber are just a few of the automotive trends of 2020. But, there are many more to pick up on.

Want to discover last year’s trends in the automotive industry? Here are the 10 automotive design trends from 2019.

About the author