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Procure strategically important competitor information, analysis, and insights to formulate effective R&D strategies.
Recognize emerging players with potentially strong product portfolio and create effective counter-strategies to gain competitive advantage.
Classify potential new clients or partners in the target demographic.
Develop tactical initiatives by understanding the focus areas of leading companies.
Plan mergers and acquisitions meritoriously by identifying Top Manufacturer.
Formulate corrective measures for pipeline projects by understanding Electric Vehicle pipeline depth.
Develop and design in-licensing and out-licensing strategies by identifying prospective partners with the most attractive projects to enhance and expand business potential and Scope.
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Yet, with just a reported 500 electric vehicle charging stations operational across India – when the operational necessity has been pegged at 2,600 – the true scale of the challenge before Tesla, and indeed other EV automakers, comes into view. The government has unveiled grand plans to install as many as 69,000 charging kiosks at petrol pumps across the country but given the pace at which EV infrastructure development has taken place in recent years, achieving such a goal is still some distance away.
Tesla will also come to find that the characteristics of the Indian consumer do not necessarily facilitate a full-blooded appreciation of electric vehicles. The company is likely to make its foray into India with its Model 3 and although pricing details are yet to be revealed, one can safely say that its cost will be prohibitive to the average Indian with a, reported, per capita income of Rs 5.6 lakh – almost 31 per cent lower than that of China s.
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The global automotive data logger market is estimated to be USD 3.1 billion in 2020 and is projected to reach USD 4.4 billion by 2025, at a CAGR of 7% from 2020 to 2025.
The market growth is primarily driven by the growth in the complexity of electronic architecture in modern ICEs and electric vehicles because of the stringent emission regulations as well as the growing number of luxury vehicles and their embedded features. In such cases, a lot of effort goes into developing these advanced features, which require extensive use of data loggers.
ADAS & safety segment in post-sales application is estimated to be the fastest-growing segment of the automotive data logger market, in terms of value, by 2025