Authors :
Mufaddal Hatim Havalchi; Dr. Swati John
Volume/Issue :
Volume 7 - 2022, Issue 3 - March
Google Scholar :
https://bit.ly/3IIfn9N
Scribd :
https://bit.ly/3xv5Ocp
DOI :
https://doi.org/10.5281/zenodo.6458337
Abstract :
Technology has always witnessed multiple
enhancements and changes in different forms and
patterns in different industry and businesses. This has
started with industrial revolution when more
technicalaspects were developed and included in
industries for different types of improvements and
enhancements. Industry 4.0 is the new term which is
quickly gaining momentum. Industry has evolved in
unique way recently and has redesigned the ecosystem
entirely. The automobile business has accepted the
Industry 4.0 and used the developments in production
tools, smart finished products, information tools and
analytics that use Internet of Things. The automobileindustry has turned and major boosts have taken place
in the production area. Industry 4.0 has entered the
world in which computerization and mechanization will
come mutually in an altogether unique form, with
robotics connected tenuously to computer technology
well equipped with machine-learning algorithms that can
control it significantly. This report contains detailed
analysis of industry 4.0 and its position and collision on
automotive-industry. The study is based on secondary
data analysis and authentic sources are considered to
understand the role and impact of industry 4.o on
automotive-industry.
Keywords :
Industry 4.0, Automotive industry, Growth of industry, Challenges.
Technology has always witnessed multiple
enhancements and changes in different forms and
patterns in different industry and businesses. This has
started with industrial revolution when more
technicalaspects were developed and included in
industries for different types of improvements and
enhancements. Industry 4.0 is the new term which is
quickly gaining momentum. Industry has evolved in
unique way recently and has redesigned the ecosystem
entirely. The automobile business has accepted the
Industry 4.0 and used the developments in production
tools, smart finished products, information tools and
analytics that use Internet of Things. The automobileindustry has turned and major boosts have taken place
in the production area. Industry 4.0 has entered the
world in which computerization and mechanization will
come mutually in an altogether unique form, with
robotics connected tenuously to computer technology
well equipped with machine-learning algorithms that can
control it significantly. This report contains detailed
analysis of industry 4.0 and its position and collision on
automotive-industry. The study is based on secondary
data analysis and authentic sources are considered to
understand the role and impact of industry 4.o on
automotive-industry.
Keywords :
Industry 4.0, Automotive industry, Growth of industry, Challenges.
