While plenty of fuss is made about the automotive developments that appeal to the consumer market, such as faster engines and more inclusive entertainment systems, there's an equal number of innovations that will be just as enticing to businesses.
The future is looking bright for business fleets
From fuel cards to better driving habits, organisations around the country have access to a range of different ways to improve their bottom line. However, as the saying goes, you've got to spend money to make money, and investing in cars that sport a more advanced array of features could be the key to more efficient operations in the future.
Whether it's engines that use less fuel, or safer cars that limit maintenance and are cheaper to fix, the future is looking bright for business fleets.
3D printers set to change the way cars are made
The key to cheaper vehicles lies in a more efficient manufacturing process. While the use of 3D printers as a hobby is well documented, there's much more to the technology than what meets the eye.
A research report from Frost & Sullivan reveals that these devices are on the brink of making a noticeable impact in the industrial space, allowing manufacturers access to much shorter development times for their prototypes, meaning better technology gets to the consumer faster.
The organisation noted that current trends indicate this is already the case, with 90 per cent of all 3D printer use in the automotive industry directed at prototyping rather mainstream production. Frost & Sullivan Mobility Research Analyst Viroop Narla said this is likely to evolve further as the related technology improves.
"Innovative materials such as carbon fibre, metal powders and titanium are expected to radically improve the mechanical, chemical and thermal characteristics of printed products," he said.
"Additionally, machines with a focus on quality and better manufacturing processes will lower post-processing requirements by generating products with superior tolerances and surface finish details."
While US company Local Motors is attempting to release a production car that relies on 3D printing for many of its components, most other manufacturers are focusing on their prototyping services for now.
— Local Motors (@localmotors) January 20, 2016
Safety tech will get more advanced
McKinsey & Company investigated the way drivers are responding to some of the more advanced safety options on the market such as collision detection systems, finding that adoption remains low in many cases.
However, while the technology is struggling to obtain a significant market share, those who have adopted the technology reported indicated that would happily repurchase vehicles with the same equipment.
The evolution of automotive technology bodes well for fleets around the country, as advanced vehicles are likely to become much more cost efficient in the future.