Showing posts with label Research. Show all posts
Showing posts with label Research. Show all posts

Product Design Research for Automotive Industry

New product introductions, especially as they relate to the automotive and powersports industries, can be multi-billion dollar gambles on the part of manufacturers. One misstep can do irreparable harm to a company’s image and its bottom line. Carefully planned product design research goes a long way toward mitigating that risk. By providing consumer feedback at critical decision points in the development cycle, the product development team avoids “flying blind” in the process. Getting good customer feedback early on results in a successful, no-surprises product launch.

Product design research can take many forms depending on how the product information needs to be conveyed to consumers. Verbal or textual descriptions can be handled via phone, mail or internet surveys. Image presentation can sometimes be handled online.

However, in the automotive and powersports industries, the most common way to collect viable product feedback among consumers is via a methodology known as a product clinic. Product clinics are central location surveys where people are invited to evaluate a prototype vehicle by comparing it to current competitive offerings.

The prototype vehicle, for all intents and purposes, is indistinguishable from a real production vehicle to the average respondent. A research(like Motorcycle Marketing Research) respondent can, for example, get into a prototype car and assess characteristics like seat comfort, visibility, styling and ergonomics.Potential dissatisfiers such as the design of a sun visor or radio control can be identified in time to make modifications prior to the final vehicle design being locked in.

Clinics can make use of effective methodological tools too, such as data collection via touch-screen, hand-held computers. This allows for the integration of very useful product design and pricing research techniques such as discrete choice analysis, conjoint analysis and Maxdiff exercises. The data obtained from a car clinic or motorcycle clinic can be hugely valuable to manufacturers in determining the final design of their new product which is also used in Automotive Marketing Research.

By consistently applying product design research to all new vehicle rollouts, historical data can also be utilized for interpreting the likely success or failure of new vehicles. Another key benefit is the ability to predict important production variables in time to ramp up factory designs. For example, consumer research can help of predict the distribution of coupe versus sedan designs, preferences for different engine types and selection of trim levels.

Ultimately, product design research is a very cost effective tool for helping manufacturers design products that consumers want and are willing to pay for.

Market research on automotive in india

Press Release


The automotive industry in India is one of the world most prominent economic zones. Many business enterprises jointly undertaken by more companies, who share the initial investment, risks, and profits with foreign association in automotive sector. The Government of India (GoI) has allowed 100 per cent foreign equity investments.


Our report "Automotive in India" elucidates overview, exports, dominated by domestic players on the subject of two wheelers, three wheelers, passenger vehicle and commercial vehicle.


It also covers the details regarding evolution of automobile industry from five players to more than 35 players on market overview. The key trends catering details on exchange outreach ranges, CNG distribution, improving product-development capabilities, increase of auto-financing activity in India by RBI.


The most modern commence of Tata Nano, the world's most low-priced car has positioned the Indian automobile market on the global automotive chart and this reports reveals placement of Indian industry is expected to be seventh-largest automobile market by 2016.

There are enormous opportunities for various company players including manufacturers' automobile components players. Our report "Automotive industry in India" moreover broadly scrutinized the current performance and upcoming outlook of automotive industries. FDI investment between 2000 and 2010 are provided on the aspect of investment And data sets are provided from 2000 through to 2016.

REPORT HIGHLIGHTS AND FEATURES


Report Highlights:
 New forecast of Indian automotive and related activity to 2015.
 Market Analysis of automobile industry in India


 Detailed study of PVs, Tri-wheeler, Two-Wheeler Production and exports in India
 World passenger car Companies are taking advantage of India as a manufacturing base
Report Features:
 Market Segments on Automobile industry
 Demand on Foreign Direct investments in India
 Market Overview on Automobiles production and exports in India
 Indian Automotive Rankings
 Focus on Domestic and Foreign investments

CONTENTS


Industry infrastructure
 Growth drivers
 Key trends
 Key players-Domestics
 Key players-International
Investments
 Foreign Direct Investments (FDI) in automobile industry
 Investments by international companies
Policy and regulatory outline
 Auto policy 2002
 Automotive mission plan (AMP) 2006-2010
 National Automotive Testing and R&D Infrastructure Project (NATRiP)
 Department of Heavy Industries & Public Enterprises
 Policy schemes for Automobile industry
Scopes
 Favourable regulatory policies
 R&D centres in India by international players
 Emerging R&D destination –India
 Zone wise NATRiP centres in India
 Product Development capabilities
 MNCs & Sourcing plan in India
 Scope of Imminent Small car segments
Key contacts


LIST OF TABLES AND FIGURES


List of Tables:


Table1: Automobile production and exports 2005-2010(US$ Billions)


Table2: Key players-Domestics


Table3: Key players-International


Table4: MNCs & Sourcing plan in India


Table5: Scope of Imminent Small car segments


Table6: Two-wheeler production in India (2009-2010)


Table7: Two-wheeler exports in India (2009-2010)


Table8: Production of Passenger vehicles


Table9: Passenger Vehicle exports from India


Table10: Commercial Production in India


Table11: Commercial exports from India


Table12: Three wheeler–Production and exports trends


Table13: FDI in Automobile industry


Table14: MNCs & Sourcing plan in India


Table15: Scope of Imminent Small car segments


List of Figures:


Figure1: India Advantages-Vision 2015


Figure2: Automobile production and exports 2005-2010(US$ Billions)


Figure3: Automobile production in 2009–2010 segments wise


Figure4: Indian Automotive Industry Ranking


Figure5: Evolution of automobile industry from 5- 35 players


Figure6: Automotive group on India Zones






More Global Automotive Business Articles