PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

OEMs to Ride on Platform Standardisation and Modular Strategy Finds Frost & Sullivan - Analysis forecasts 30 per cent reduction in vehicle platforms by 2020
OEMs to Ride on Platform Standardisation and Modular Strategy Finds Frost & Sullivan

 

NewswireToday - /newswire/ - London, United Kingdom, 2011/08/23 - Analysis forecasts 30 per cent reduction in vehicle platforms by 2020.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

By 2020 the key 12 global auto OEM groups are expected to reduce their platforms from 223 in 2010 to 154, reveals news analysis by global consulting firm Frost & Sullivan. The adoption of a global platform standardisation and modular strategy is put in place in order to reach a platform reduction of more than 30 per cent. The top ten platforms will result in a growth from nearly 17 million vehicles in 2010 to more than 33 million by 2020 in the global passenger car and light truck production figures, featuring a staggering increase of 94 per cent. Consequently, by 2020 the key 12 OEM groups are expected to account for an almost 74 per cent share in the same segment.

"With more than 95 per cent of its total vehicle production by 2020 targeted from just three platforms each, Volkswagen group in the volume segment and Daimler group in the luxury segment globally are expected to have the highest degree of platform standardisation and widest range of vehicle models on a single platform," says Partner and Practice Director, Sarwant Singh, from Frost & Sullivan. "Volkswagen group is expected to surpass the current frontrunner, Ford group, with its modular toolkit strategy. The German carmaker will produce increased numbers of models and their respective volumes per platform, while efficiently integrating new and innovative technologies."

The standardisation of platforms is expected to impact the OEM group brands with their vehicle model permutations and combinations look leaner than ever before. By 2020, Daimler, Volkswagen and the Fiat-Chrysler groups respectively, are expected to reduce 60-65 per cent of their platforms. As a result, their average production volume per platform is expected to increase more than four-fold by 2020 compared to 2010. Overall, the average vehicle production per platform is expected to increase at least three fold by 2020 from current levels of more than 0.24 million units in 2010. And, nine out of the top ten platforms are expected to have volumes in excess of two million units annually by 2020 as against three out of the top ten in 2010.

"Emerging Asian economies will certainly be driving platform standardisation and modular approach over Europe and North America," explains Frost & Sullivan Industry Analyst Vishwas Shankar. "India and China are major drivers themselves for OEMs to strongly adopt platform standardisation strategy. Approximately 160 of the 800 discrete models to be manufactured and sold globally by top 12 OEM groups between 2010 and 2020 are expected to be manufactured - and also ideally sold - in China, in comparison to 140 discrete models for the United States."

"More than 24 of these 800 discrete models, or approximately three per cent, are global vehicle models and expected to be manufactured and ideally sold in both China and the Unites States," he continues. "This clearly shows the focus on emerging economies as key to growth."

The study also identified several factors for OEMs to derive a blueprint of their platform standardisation strategy. The emerging regions in which the OEMs operate, both produce and sell, and which directly govern their platform standardisation and modular strategy, are certainly one. Another factor is the modules themselves used as building blocks of future platforms, and OEMs are expected to bring variations into the vehicle through effective use of electronics. And finally, there is the ability of the OEM groups to quickly understand the perceived benefits gained by having a reduced supplier base as a result of sharing components, systems and modules across platforms.

"Global suppliers are willing to follow vehicle manufacturers and set up global facilities closer to OEMs final assembly lines, resulting in the reduction of discrete parts which otherwise are another cause of concern from handling just too many parts in the entire supply chain," says Shankar. "As fewer off-the-shelf, readily available, proven components and systems from an existing supplier base lead to quicker decision making from an OEMs point of view, avoiding time delay in developing new parts and investing in identifying these building blocks as sub-groups or modules largely form the modular vehicle platform blue-print," concludes Singh.

If you are interested in more information on Frost & Sullivan's Study "Analysis of Platform Strategies of Key Global OEMs", please send an e-mail with your full contact details to Katja Feick, Corporate Communications, at katja.feick[.]frost.com.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEOs Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Automotive/Trucking/RV articles,
CATCH Visitors via Your Competitors Announcements!


OEMs to Ride on Platform Standardisation and Modular Strategy Finds Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Katja Feick 
+49 (0) 69 77 0 33 43 katja.feick[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Automotive/Trucking/RV via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Automotive/Trucking/RV Most Recent Related Newswires:

Automotive Manufacturers Leverage Fintech through Partners to Deliver A Differentiated In-vehicle Experience Finds Frost & Sullivan
Axle Bushes Market to Witness Growth Acceleration During 2017-2025 Says PMR
Favourable Government Initiatives and New EV Business Models Boost Poland’s Electromobility Market Finds Frost & Sullivan
Car Washing System Market to Witness Comprehensive Growth by 2026 Reports Persistence Market Research
Autonomous and Connected Technologies to Decrease Transportation Costs to Under 1$ per Mile According to Frost & Sullivan
New Business Models and Aging Car Market Boost UK Automotive Aftermarket Finds Frost & Sullivan
Sales of Automotive Filters Set to Rake in US$ 17.6B by 2025 Reports Persistence Market Research
Voyages Emile Weber, Losch Luxembourg and MAN Collaborate on Emissions-free Public Transport System
Frost & Sullivan Announces Cooperation with Messe Frankfurt
The NEOPLAN Skyliner is Celebrating An Anniversary - 50 Years of The Double-decker Touring Coach
Hitachi Joins Shell Eco-marathon to Help #MaketheFuture
First MAN TGX PerformanceLine Edition Delivered - No 001 For BFS/Stegmaier Group
New Business Models and Service Expansion in European Automotive Aftermarket eRetail Strengthen Growth Opportunities Finds Frost & Sullivan
Vehicle Parc and Market Dynamics Transform KSA Automotive Aftermarket, Forcing Vendors to Change Their Business Approach
First MAN TGX EfficientLine 3 Goes to Spedition Hillert

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  MagLar, Inc.





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)