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Racing to the Future: Automotive Trends for 2030
May 18, 2021 by Amigo MGA (http://amigomga.org/author/amigogma/) (Edit) (http://amigomga.org/wp-admin/post.php?post=106&action=edit)
It’s time for the automotive industry to start looking ahead. With all of the advancements in technology cropping up every day, now is
the time to begin imagining what trends await the market for 2030.
The automotive industry has always had a talent for keeping up with technology. It has seamlessly integrated luxury items such as cam-
eras, BlueTooth speakers, and lidar technology for comfort and safety.
Part of staying current with the trends involves the ability to look ahead. One has to imagine what the trend will be to have a design
ready for that demand. As such, there are already dozens of predictions out there for what 2030 has in store.
It is entirely likely that by the year 2030, there will be a different power source available for automobiles
(https://www.oliverwyman.com/our-expertise/insights/2019/jun/automotive-manager-2019/cover-story/building-the-automotive-
industry-of-2030.html). The demand for alternatives is already there. Just look at the prevalence of hybrid and electric vehicles. That
demand is likely to rise over the next decade, resulting in a new breed of cars.
Likewise, the drive to create autonomous vehicles is still going strong. Yes, this industry has hit a few roadblocks over the last couple of
years, but consumer interest is still there. While not every car will be autonomous by 2030, some experts believe that as many as 15%
might be (https://www.ibm.com/thought-leadership/institute-business-value/report/auto-2030).
It is expected that the average customer will have changed by 2030 (https://www.mckinsey.com/industries/automotive-and-
assembly/our-insights/disruptive-trends-that-will-transform-the-auto-industry/de-de) as well. Not everyone will want or need to own a
car then. Cars will be seen as a mobility function, used primarily for commuting, trips, and errands. In turn, it is believed that sharing and
rental cars will become more common in the following decades.
To keep up and partially counter this demand, companies will have to grow and adapt. They can either go with the ow by investing in
rental opportunities. Or they can begin creating specialized cars to entice the remaining buyers’ market. 
Regarding the potential clients out there, experts believe that by the year 2030, every person will have 15 connected devices
(https://www.martechadvisor.com/articles/iot/by-2030-each-person-will-own-15-connected-devices-heres-what-that-means-for-
your-business-and-content/). Think TVs, smartphones, wearable devices, appliances, digital assistants, and security devices. 
This trend towards new connected devices will likely be re ected in the auto industry as well. Like current devices, they will be expected
to eventually integrate with the cars considered more desirable.
Filed Under: Amigo MGA (http://amigomga.org/category/amigo-mga/) Tagged With: alan rasof (http://amigomga.org/tag/alan-rasof/), Amigo
MGA (http://amigomga.org/tag/amigo-mga/), amigo mga llc (http://amigomga.org/tag/amigo-mga-llc/), best practices
(http://amigomga.org/tag/best-practices/), business (http://amigomga.org/tag/business/), Car Insurance (http://amigomga.org/tag/car-
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Racing to the Future: Automotive Trends for 2030

  • 1. AMIGO MGA BEST PRACTICES (HTTP://AMIGOMGA.ORG/) Best insurance practices from Amigo MGA Racing to the Future: Automotive Trends for 2030 May 18, 2021 by Amigo MGA (http://amigomga.org/author/amigogma/) (Edit) (http://amigomga.org/wp-admin/post.php?post=106&action=edit) It’s time for the automotive industry to start looking ahead. With all of the advancements in technology cropping up every day, now is the time to begin imagining what trends await the market for 2030. The automotive industry has always had a talent for keeping up with technology. It has seamlessly integrated luxury items such as cam- eras, BlueTooth speakers, and lidar technology for comfort and safety. Part of staying current with the trends involves the ability to look ahead. One has to imagine what the trend will be to have a design ready for that demand. As such, there are already dozens of predictions out there for what 2030 has in store. It is entirely likely that by the year 2030, there will be a different power source available for automobiles (https://www.oliverwyman.com/our-expertise/insights/2019/jun/automotive-manager-2019/cover-story/building-the-automotive- industry-of-2030.html). The demand for alternatives is already there. Just look at the prevalence of hybrid and electric vehicles. That demand is likely to rise over the next decade, resulting in a new breed of cars. Likewise, the drive to create autonomous vehicles is still going strong. Yes, this industry has hit a few roadblocks over the last couple of years, but consumer interest is still there. While not every car will be autonomous by 2030, some experts believe that as many as 15% might be (https://www.ibm.com/thought-leadership/institute-business-value/report/auto-2030). It is expected that the average customer will have changed by 2030 (https://www.mckinsey.com/industries/automotive-and- assembly/our-insights/disruptive-trends-that-will-transform-the-auto-industry/de-de) as well. Not everyone will want or need to own a car then. Cars will be seen as a mobility function, used primarily for commuting, trips, and errands. In turn, it is believed that sharing and rental cars will become more common in the following decades. To keep up and partially counter this demand, companies will have to grow and adapt. They can either go with the ow by investing in rental opportunities. Or they can begin creating specialized cars to entice the remaining buyers’ market.  Regarding the potential clients out there, experts believe that by the year 2030, every person will have 15 connected devices (https://www.martechadvisor.com/articles/iot/by-2030-each-person-will-own-15-connected-devices-heres-what-that-means-for- your-business-and-content/). Think TVs, smartphones, wearable devices, appliances, digital assistants, and security devices.  This trend towards new connected devices will likely be re ected in the auto industry as well. Like current devices, they will be expected to eventually integrate with the cars considered more desirable. Filed Under: Amigo MGA (http://amigomga.org/category/amigo-mga/) Tagged With: alan rasof (http://amigomga.org/tag/alan-rasof/), Amigo MGA (http://amigomga.org/tag/amigo-mga/), amigo mga llc (http://amigomga.org/tag/amigo-mga-llc/), best practices (http://amigomga.org/tag/best-practices/), business (http://amigomga.org/tag/business/), Car Insurance (http://amigomga.org/tag/car- insurance/), Car Safety (http://amigomga.org/tag/car-safety/), Car Safety Tech (http://amigomga.org/tag/car-safety-tech/) Amigo MGA (http://amigomga.org/) Blog (http://amigomga.org/blog/)
  • 2. PAGES Blog (http://amigomga.org/blog/) For Insurance Professionals (http://amigomga.org/) (HTTP://WWW.BUSINESSINSURANCE.COM/SECTION/RSS? FEED=NEWS) BUSINESS INSURANCE NEWS (HTTP://WWW.BUSINESSINSURANCE.COM/) An error has occurred, which probably means the feed is down. Try again later. Secondary Sidebar Widget Area This is the Secondary Sidebar Widget Area. You can add content to this area by visiting your Widgets Panel (http://amigomga.org/wp- admin/widgets.php) and adding new widgets to this area. Copyright © Amigo MGA (http://amigomga.net) · 2015