MAY 2023AUTOTECHOUTLOOK.COM6The advanced engineering and cutting-edge technology of Japanese cars have established them as highly desired commodities across the globe. The Japanese next-generation vehicle market is predicted to reach USD 1,893 Million by 2028, exhibiting a growth rate (CAGR) of 13.6 percent during 2023-2028.Despite the substantial pandemic-induced slowdown, the automotive sector is poised to enter an exciting era marked by increased EV adoption, IoT integration in cars by various manufacturers, and the introduction of hydrogen-driven vehicles. The Japanese automotive market is experiencing significant growth due to the simultaneous rise in the adoption of fuel-efficient vehicles and the increasing environmental consciousness aimed at reducing greenhouse gas (GHG) emissions.Japan saw a significant increase in motor vehicle sales in April 2023, with a growth rate of 16.7 percent compared to 11.6 percent the previous month. The substantial growth in motor vehicle sales highlights a positive trend in the Japanese automotive market. This upward trajectory suggests a promising outlook for the automotive sector in Japan.In this edition of Auto Tech Outlook, we present some of the automotive manufacturing solution providers in APAC. AI-Sign Consulting is one of the most prominent Automotive Manufacturing Solutions providers in the APAC region providing cost-effective quality inspection and control services for small to mid-sized automotive companies utilizing open-source tools and low-cost hardware components. We also bring to you thought leadership articles and exclusive insights from expert CIOs and CXOs-- Luciano De Oto, Vehicle Design Engineering Director, McLaren Automotive Ltd., Magnus Bredin, Manager Battery System Design and Validation, Polestar, presenting their views and opinions on how organizations can incorporate changes. We hope the valuable insights from industry thought leaders and the automotive manufacturing solutions providers featured in this edition help you make informed decisions for your organization. Let us know your thoughts. EDITORIALBoosting Environmental Consciousness by Adopting Fuel-Efficient VehiclesCopyright © 2023 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Editorial StaffOlivia HarperDavid CarterPaisley AaronClaire JonathanVisualizersHenry Smith Chris LynnManaging EditorLester D'SouzaDisclaimer : *Some of the Insights are based on our interviews with CIOs and CXOsLester D'SouzaManaging Editoreditor@autotechoutlook.comJULY - 4 - 2023, Volume 06 Issue - 04Published by ValleyMedia, Inc.To subscribe to Autotech OutlookVisit www.autotechoutlook.com Email:sales@autotechoutlook.comeditor@autotechoutlook.commarketing@autotechoutlook.com
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