Competitive race in the field of autonomous cars, Uber ascents and descents, regulation of quadrocopter use … What is one of the fastest industries in 2018?
Last year, transport and logistics began to shift to digital technologies at an accelerated pace. More and more carmakers are completing the tests and preparing for the commercial launch of autonomous vehicles. This has created the premise that the autonomous automotive industry will become one of the most competitive and technologically attractive in the next two years. In addition, accelerating growth in e-commerce and increasing demand for goods, according to BI Intelligence, opens up opportunities for developing digital technologies in the global logistics industry, estimated at $ 4 trillion.
1. Competitive real competition in the field of autonomous motor vehicles
Automobiles and technology companies have tried for years to bring autonomous cars to urban roads. In 2018, they are expecting their efforts to get results when companies such as Waymo, GM and possibly others will launch the commercial production of a new generation of cars. And then we can see a new struggle – to expand the industry around the world and use these vehicles to create new business models and revenue streams. However, companies will have to try to convince consumers that new cars are safe, capable of sailing on unknown ground and much more. This fight will last for at least a decade and will lead to true winners in the field of autonomous cars.
2. Uber will continue to grow in the US but will lose its share in the global market
In 2017, Uber had tough situations in the global markets, but the US business of the company continued to grow. In January and February last year, US company and UK sales increased significantly, but for March-September 2017, the increase was only 15%. Lyft has increased, US market share from 15% to 22%. This trend may continue in the near future, and Lyft will capture more than 35% of the US market by the end of 2018. Recently, Lyft has attracted $ 1 billion in funding, and according to information looking for another 500 million $. This money will probably go to more destinations, including increasing marketing promotion in the United States and further expanding it abroad, forcing Uber to hold defense in several geographic regions.
In addition to the US, Uber must resist considerable competition with Grab South Asia and Ola in India. In addition, the company still has a lot of vacant positions that it needs to fill, and set a new goal – to reform their finances to prepare initial public offering (IPO) in 2019.
3. The regulation of the drone industry in the US will have a strong development
The introduction of drones in the US, especially for commercial purposes, has long been limited by rules that have more restrictive requirements than in other geographic regions. In 2018, it is expected that serious steps will be taken to address the regulatory issues of using donation devices, which will open new opportunities, especially the use of commercial drones in the delivery sphere.
4. 2018 will be the year of logistical releases
Logistics in e-commerce and freight transport significantly increased their volumes last year. For example, the amount of funding for the forwarding companies Flexport, Freightos and Freighthub has reached $ 20 million. In addition, start-ups for warehouse automation have received tens of millions of dollars of funding. These trends will only accelerate in 2018 as parcel and commodity volumes will continue to grow, pushing transporters to look for more innovative, quick and cheaper ways to move goods.
Large investments will be invested in trucks’ technical equipment, for example in the implementation of systems such as Peloton, which promises significant fuel cost savings for truck drivers and the global distribution of the Uber for trucks platform. Another trend in 2018 is the use of artificial intelligence data and knowledge-based data to optimize logistics networks.
5. Logistics, technology and finance companies will begin testing the block
Most logistics providers have not progressed beyond the research stage in deployment development. UPS and FedEx, for example, have recently joined the blockboys research and standardization team. Next year, logistics providers will go beyond the research phase and move to the testing phase of the blocks and will seek to use partners in financial spaces.