what to expect from auto tech in 2023?

Looking ahead to 2023, there are several exciting auto technologies that drivers can expect to see. Perhaps the most significant development will be the increasing prevalence of self-driving cars. By 2023, it is likely that self-driving cars will be more common, and this technology will continue to improve over time.

Another trend to look out for is the increasing popularity of electric and hybrid vehicles. These types of vehicles are becoming more and more popular due to their environmental benefits and lower running costs. In 2023, it is likely that electric and hybrid vehicles will make up an even larger percentage of the automotive market.

Vehicle connectivity is also set to improve in the coming years. By 2023, it is likely that cars will be able to connect with one another and with various smart devices, making it easier for drivers to access information and entertainment while on the road.

Voice recognition technology is also set to become more sophisticated in 2023. This technology is already becoming increasingly common in cars, and it is likely that it will become even more widespread in the coming years. With voice recognition technology, drivers will be able to control various functions of their car with just their voice.

Finally, car manufacturers are set to focus on creating vehicles that are environmentally friendly and sustainable. In 2023, it is likely that there will be a greater number of electric and hybrid vehicles available, as well as cars that feature advanced recycling systems. These types of vehicles will help to reduce the impact of the automotive industry on the environment.

The Tier-1 auto supplier leaders are Bosch, Continental AG and Aptiv. Denso, Autoliv and Magna are in strong contention. GlobalData has developed a thematic methodology for valuing technology, media and telecom companies based on their relative strength in the big investment themes that are impacting their industry. Whilst most investment research is underpinned by backwards looking company valuation models and most industry research is analysed in sector silos, GlobalData’s thematic methodology identifies which companies are best placed to succeed in a future filled with multiple disruptive threats.

To do this, GlobalData tracks the performance of the top 600 technology, media and telecom stocks against the 50 most important themes driving their earnings, generating 30,000 thematic scores. The algorithms in GlobalData’s ‘thematic engine’ help to clearly identify the winners and losers within the global TMT sector.

Looking ahead to 2023, there are many exciting new technologies that drivers can expect to see in cars. Self-driving cars, electric and hybrid vehicles, voice recognition technology, and sustainable design are just some of the innovations that are set to revolutionize the automotive industry. With so much to look forward to, 2023 promises to be an exciting year for the auto industry.

The Tier-1 auto supplier leaders are Bosch, Continental AG and Aptiv. Denso, Autoliv and Magna are in strong contention. GlobalData has developed a thematic methodology for valuing technology, media and telecom companies based on their relative strength in the big investment themes that are impacting their industry. Whilst most investment research is underpinned by backwards looking company valuation models and most industry research is analysed in sector silos, GlobalData’s thematic methodology identifies which companies are best placed to succeed in a future filled with multiple disruptive threats.

To do this, GlobalData tracks the performance of the top 600 technology, media and telecom stocks against the 50 most important themes driving their earnings, generating 30,000 thematic scores. The algorithms in GlobalData’s ‘thematic engine’ help to clearly identify the winners and losers within the global TMT sector.

Looking ahead to 2023, there are many exciting new technologies that drivers can expect to see in cars. Self-driving cars, electric and hybrid vehicles, voice recognition technology, and sustainable design are just some of the innovations that are set to revolutionize the automotive industry. With so much to look forward to, 2023 promises to be an exciting year for the auto industry.