Growth Opportunities for Digital Twins in Global Mobility

This study is a comprehensive analysis of digital twinning as a concept, as a technology trend, and as a strategic business tool in the global automotive sector. It explores everything that a business needs to know about digital twinning and industry developments, including future implications and opportunities.

Digital twinning is a result of digitalization efforts that span many years. Predominantly a theoretical concept since the 60s, various industries are now using digital twins in response to technology trends and geopolitical factors, including Industry 4.0 and the global COVID-19 pandemic. Digital twinning is a disruptive and transformative concept with data at its core. Complex interactions among various technologies are needed for its implementation, but it has far-reaching effects across business areas, from strategic decision-making to ensuring zero-hazard shop floors.

The research aims to provide a clear understanding of the digital twinning concept and the interactions between its underlying technologies. The analysis will outline which technologies are required for the realization of particular digital twin features. The study also catalogs the various digital twin applications in the automotive industry and the possible implications. It offers an analysis of current industry developments across the value chain and lists the service providers that deliver digital twinning, including a comparison of their capabilities.

Research Highlights

• Explain the concept of digital twinning and its implications for the automotive industry
• Discuss the challenges involved in the digital twinning implementation and the current legal and regulatory frameworks available
• Explore the impact of digital twins on the different areas of the value chain (i.e., product design and testing, manufacturing, supply chain, battery management, and product life cycle)
• Outline future opportunities possible through collaboration with blockchain, 3D printing, and other advanced technologies
• Pinpoint the digital twinning strategy of major OEMs
• Identify the major digital twinning service providers across geographies and their specific expertise