Contact Us
Sign In / Sign Up for FREE
Go to advanced search...

Technological Forces of cars industry - Essay Example

Comments (0) Cite this document
With the world economy in a downturn, the automobile industry is facing a period of slow sales and tight consumer budgets. This will mandate that the technological advancements made to the automobile will be done with the consumer's limited budget in mind…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98% of users find it useful
Technological Forces of cars industry
Read TextPreview

Extract of sample "Technological Forces of cars industry"

Technological Forces in the Automobile industry With the world economy in a downturn, the automobile industry is facing a period of slow sales and tight consumer budgets. This will mandate that the technological advancements made to the automobile will be done with the consumer's limited budget in mind. One of the factors impacting the cost of operating a motor vehicle is the cost of fuel. This concern over cost is also accompanied by the new social attitudes that desire a sustainable and green product. New technological innovations in automobiles will be centered around new fuels systems and new power sources. In addition, new materials that make the car lighter will enable the manufacturers to increase fuel efficiency whether they are powered by gasoline, electricity, or flex fuels. Technological forces will result in cars that go farther for less cost.
Electricity is the fuel of choice for many people that see it as sustainable and environmentally friendly. It can be produced from solar or wind and can utilize hydrogen through the use of fuel cells. However, the battery has been the weak component in the system. They are traditionally heavy, dirty, have a limited storage capacity, and a short lifespan. Lithium Ion batteries do offer some promise as improvements have been made in recent years. Don Hillebrand, director of the Center for Transportation Research at Argonne National Laboratory "believes that the ultimate medium for electric vehicles' batteries may well be lithium ion, the same material used today in batteries for laptop computers" (Orzech, 2007). Lithium Ion is poised to replace the existing battery technologies of lead-acid and nickel-metal-hydride, and the new high-end electric roadster Tesla is powered by 6800 lithium batteries.
As the industry bridges the gap to the totally electric automobile and a move away from gasoline, the interim period may be fuelled by natural gas. Natural gas is a technology that has been largely overlooked due to a few disadvantages. For example, "There aren't enough stations selling natural gas to make them practical for cross-country drives. They don't have as much driving range as gasoline-powered cars. And their fuel tanks take up more space in the trunk of the cars" (Woodyard, 2007). However, the advantages of being clean, cheap, and having a US reserve of a sixty-year supply has made the technology more attractive in today's environment.
New fuel technologies and power sources will additionally benefit the consumer through the use of lighter weight and stronger materials. The drawbacks that new fuels have in the way of limited range can be overcome by the use of lighter weight materials without sacrificing safety. Carbon fiber and Nanotechnology have resulted in new energy saving materials being incorporated into auto bodies that are lighter, stronger, and more durable than either plastic or metal (Lekas, 2005, p.15). These lighter materials will result in a car that gets greater mileage and is longer lasting.
The use of new fuels and power sources will be critical to the design of the next generation automobile. Without the forces of these new technologies the auto industry would be facing a significant period of stagnation as consumers look to save money as well as the environment. New batteries, alternative fuels such as electricity and natural gas, and materials that result in a lighter weight automobile will be what it takes to pull the American consumer back into the new car showroom.
Lekas, D. (2005). Analysis of Nanotechnology from an Industrial Ecology Perspective Part I. New Haven, CT: Yale School of Forestry & Environmental Studies.
Orzech, D. (2007, July 5). Next-gen car batteries promise longer life, more power. Wired. Retrieved November 19, 2008, from
Woodyard, C. (2007, July 5). Natural-gas powered cars: Who even knows they exist USA Today. Retrieved November 19, 2008, from Read More
Cite this document
  • APA
  • MLA
(“Technological Forces of cars industry Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Retrieved from
(Technological Forces of Cars Industry Essay Example | Topics and Well Written Essays - 500 Words)
“Technological Forces of Cars Industry Essay Example | Topics and Well Written Essays - 500 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Technological Forces of cars industry

Forces and Trends in Chocolate Industry

Population Growth Like any other industry, the chocolate industry is driven by population growth. For the chocolate industry, this population growth occurs in one crucial way. This is owed to the fact that the elderly age group is anticipated to triple by 2015 (Silva and Simoes, 2010). Consequently, players in the chocolate industry must come up with inventive products that satisfy the needs of this generation. As mentioned earlier, Hershey Chocolates Company has already reacted by coming up with the Kisses dark chocolate. This product is associated with low cholesterol values and numerous antioxidants. Consequently, the product is tailor-made for the baby boomer generation. Supplier Power This refers to the company’s ability to o...
4 Pages(1000 words)Essay

Five Forces for Semiconductor Industry

...?Industry Analysis: The U.S. Semiconductor Industry The U.S. semiconductor industry consists of manufacturers of semiconductors for different products and systems. Semiconductor components are “the electronic building blocks used in electronic systems and equipment” (Analog, 2011, p.2). The main players in the industry that are included for this research are Analog Devices, Inc. (ADI), Altera Corp. (ALTR), LSI Corp. (LSI), and NVIDIA Corp. (NVDA). Barriers to entry (Low-Medium) Barriers to entry are not significantly high in the industry, especially for firms that can access cheaper materials from other countries. New market entrants may have products that have lower prices than existing companies, or may provide better performance...
3 Pages(750 words)Admission/Application Essay


Gasoline has a much higher energy density than batteries do. For example, it takes about 1,000 pounds of batteries to store as much energy as 1 gallon or 7 pounds of gasoline.
As fuel tank is the energy storage device for gasoline engine, the batteries in a hybrid car are the energy storage device for the electric motor. Gasoline in the fuel tank can only power the gasoline engine but the electric motor on a hybrid car can put energy into the batteries as well as take energy from them.
The role of transmissions on hybrid cars is same as the transmissions on conventional cars. Some hybrids have conventional transmissions, like the Honda Insight. Other hybrids have different ones, like the Toyota Prius.
The simplest for...
12 Pages(3000 words)Essay

Soybean Industry 5 Forces Evaluation

...Soybean Industry 5 Forces Evaluation Soybeans are an agricultural product that can be use for multiple purposes which along with food related application it can be to produce oil and can be used as raw material for alternative fuels production. One of the industry leaders in the soybean business is Monsanto Corporation. Soy bean originated in Asia, but its production has moved to other parts of the world including the Americas. The soybean industry will be studied in this paper by utilized Porter five forces model emphasizing on opportunities and threats. The five forces of Porters model are current rivalry, potential entrants, bargaining power of buyers, bargaining power of suppliers and substitute products. Monsanto is the leading...
2 Pages(500 words)Essay

US Automobile Industry or Only Passenger Cars

...The US Automobile Industry: LoNGPESTEL Analysis Introduction The world is currently experiencing a rapid growth and development phase. Car and car spare parts manufacturers are evolving and others are merging so bring together their resources and technology while outsourcing of component designers and manufacture has increased as opposed to being created in-house. Branding has changed so much with even more new brands being created. Big car manufacturing firms are increasing to deeper market to provide financial serves to customers. In the meantime it’s important to note that all the successful companies in the automobile industry in the United States have turned global operators; globalization is apparent in the entire automobile industry...
9 Pages(2250 words)Case Study

Competitive forces that affect pharmaceutical industry

...Competitive Forces in Pharmaceutical Industry The following paper is an analysisof the competitive forces in the pharmaceutical industry in the UK. The paper takes into account the overall position of the pharmaceutical industry and its significance in the economy of the UK. The industry makes significant contributions to the research and development work in the country. The paper also includes an analysis of the financial information of one of the major companies operating in the pharmaceutical industry in the UK. From the financial analysis, it can be inferred whether the trend of the profitability of the industry is positive or not. Porter’s five forces analysis is done on the industry in order to assess the level of competitiveness...
12 Pages(3000 words)Essay

Green cars (electric cars)

... Section/# Green Cars Outline I. What defines “Green” Thesis sentence: The term Green technology is thrown around with a great degree of reckless abandon these days; as such, the purpose of this analysis will be to determine what “green” actually means as it relates to automobiles and how it is measured. A. How will we measure “green” success B. What product offerings fit under the umbrella “green” technology C. Which of these offerings meets the needs of the current market 1. Electric 2. Bio fuel 3. CNG II. Current “green” technology and the gaps that exist which need to be overcome Thesis Sentence: Although many alternatives to traditional gasoline cars now exist, the fact of the matter is that each of the so-called “green...
1 Pages(250 words)Essay

Green cars (electric cars)

... based electricity production is almost zero emitter of pollutant, as in this regard, Kampman (2010) says, “If electricity is produced from lignite or coal, well-to-wheel CO2 emissions are ….equal to the emissions of a comparable ICE car….Electricity from renewable sources, such as wind, solar or hydro energy, would result in zero CO2 emissions per kilometer” (p. 6). Hydrogen fuel combustion vehicles and hybrid electric vehicle can serve as low emission technology. But this reduction is not as easy as it sounds, because industry-based modern crucially pivots on the burning of fossil fuels in various purposes such as transportation, mills, factories, constructions, etc. Therefore a solution plan needs to retain the current development...
4 Pages(1000 words)Essay

Forces Industry Analysis of the PC Industry

... 1.0. Porter 5 Forces industry analysis of the PC industry Through incessant transitions in the industrial periphery, the Personal Computers (PC) industry has today emerged as one of the most dynamic and influential business sectors in the global arena. Similar to other industrial contexts, the PC industry also possesses certain unique characteristics deciphering the attributes of an oligopoly market structure (Yoffie & Rossano, 2012). Contextually, the competitive structure of the PC industry can be well-identified with the application of the Porter’s 5 Forces model. The model constitutes 5 criteria to signify the completion prevailing within the industrial context, which are (1) Risk of Entry by Potential Competitors, (2) Bargaining...
6 Pages(1500 words)Essay

Hospitality Industry and Environment Forces

... Environment Forces’ Influence on the Hospitality Industry Environmental forces have a big impact on the hospitality industry. Similar to other sectors of the economy, political influence affects the hospitality industry. Government policies on taxation, for example, determine how much visiting tourists can shop. Policies on taxation also affect the supply of support services and goods to the hospitality industry. Political instability in a region or country also affects the hospitality industry. Tourists shy away from regions and countries prone to conflicts, for instance, hence affecting performance in the hospitality industry. In addition, diplomatic relations among governments have diverse effects on the hospitality industry...
1 Pages(250 words)Essay

Management of the UK Music Industry

Online market demand is dominated by teenagers who have shifted their purchases from singles CDs to mostly illegal downloads of singles tracks, stimulated by continually evolving software and P2P networks. In order to survive, market players have to reconsider their strategies and value propositions – by mergers of music labels; flexible pricing and value-added offers by online distributors and active ethical campaigns, the challenge before these companies is to convert the internet medium from a threat to copyrighted material into an effective distribution channel.
Rivalry among competing sellers in the industry – rivalry among legal internet music sites is not too intensive, because the legal online download ind...
15 Pages(3750 words)Case Study

Justifying Increased Regulation in Large Companies - Imposing a Strict Regulation on Pharmaceutical Industry

 PPRS continuously provides a stable framework to ensure the publics’ access to affordable new medicines. (Department of Health, 2007) In line with this goal, GSK acknowledges that improvements can be made to the existing pricing scheme.

As a major consumer product, this study will discuss the importance of having a price regulation within the pharmaceutical industry. Several factors that could affect the competition in the branded pharmaceutical market will be elaborate to give us a good insight with regards to the pricing of medicines. In line with the importance of having imposed a price regulated on medicines, the author will discuss the negative effects of not regulating the generic medicines as well as...
11 Pages(2750 words)Case Study

A Short History of Japanese Film Industry

The response generated from other regions is good enough yet questionable. What do these Asian productions have that attracted the international scene? What does the Korean wave really mean? Furthermore, were their productions in the recent years created in the nature that the other regions would appreciate, diverting from the contemporary film style they used to execute locally so that it would sell in the global market?

The transition from traditional to contemporary entertainment in Japan came a few years before the advent of the 20th century with the production of the first Japanese films, Bake Jizo1 and Shinin No Sosei2, both said produced in 1898. The next year, a short production entitled Geisha no Teodora was cr...
9 Pages(2250 words)Case Study

The Growth of the Service Industry

The expansion of the service sector has unquestionably generated economic prosperity, but it has eminently contributed to social injustice and inequality. Consequently, I believe that while the growth of the service industry has great economic intuition, it is eventually socially detrimental and distancing society from achieving paradigms of social equilibrium.
Service, by definition, is the exchange of a commodity that has no tangible form; whereas industry is described as the people or organizations engaged in a particular type of enterprise. The service industry is then simply defined as an aggregation of commercial entities that provide services rather than physical objects. The non-material nature of services can be dist...
9 Pages(2250 words)Case Study

Is the Meat Industry in Kenya Productive and Rewarding

The following report gives insight to the industry and the environment surrounding it.

The major meat processing and marketing firm in Kenya – Kenya Meat Commission - was incorporated as a public institution for the sake of engaging professionalism in management and meeting the hefty financial demands the corporation has. This has enabled an excellent running of the corporation and the production of quality meat both for local consumption and for export.

The infrastructural improvement in the transport sector in Kenya has enabled speedy delivery of meat to the market while the meat is still fresh. At the same time, cold rooms have been utilized as a means of storage for meat. These facilities check on t...
6 Pages(1500 words)Report

The Effects of Financial Crisis on Supplier Selection Criteria of the Oil and Gas Industry Equipment Market

It is a difficult task to find those vendors who not only have the adequate quality and quantity of the needed raw materials but who also have an attitude of efficiency and display commitment to customer service (Sonmat, 2006). Further, organizations also strive to locate and select vendors who can be depended upon for long term relationship.

The number of factors or attributes desired from the vendor is vast, and different organizations and different industries place different importance on the attributes (Sonmat, 2006). Some of the vendor attributes may gain importance owing to the nature of the industry, for example, in the case of consumer perishables suppliers, like fresh vegetables or fruits, the buying firm would...
20 Pages(5000 words)Literature review

Structure of the Educational System in Morocco and Its Capacity for Addressing the Needs of the Hospitality Industry

It is expected that the development of the tourism sector will assist in providing employment to the young and a valued source of income for the nation.

The tourism sector in Morocco has presented a strong growth of 6%, compared to a world average of 1.6% within the last decade (Alkhatib, 2008, Pp. 2). However, the tourism sector in Morocco must compete with other regional attractions, including those that are found in Egypt, which presented a growth rate of 20.6% for its tourism sector within the same period. The Vision 2010 strategy developed by the government in Morocco in the year 2001 in concert with the private sector targets attracting 10 million tourists compared to the 4.4 million in the year 2001 to generate...
15 Pages(3750 words)Research Proposal

Airbus A 380: SWOT and Porters Five Forces Analysis

... flight. This means that there is demand for aircraft that can carry more number of passengers at one go and the A 380 is perfectly poised to take advantage of this. Further, with the economy class passengers becoming conscious of more leg room and wider seats which the A 380 can provide, this is indeed an opportunity for this kind of aircraft. The threats to the industry are from the ongoing economic slowdown that might depress the demand for long distance travel and there has been an impact on the A 380 with some deliveries deferred and others cancelled. PORTER’S FIVE FORCES PESTLE ANALYSIS A Political, Economic, Social and Technological, Legal and Environmental factor analysis yields the facts that the political environment...
6 Pages(1500 words)Case Study

Management Theory and Practice in the Early Childhood Education Industry

As pointed out in a study by Osgood and Halsall (2007) where they carried out research to examine the position of women in leadership or management positions, a “glass ceiling” exists for women in the academic setting, which could significantly impair motivation. Since many of the individuals employed in the early education sector are women, addressing this issue is even more important because these individuals are faced with the difficult task of shaping young minds while also dealing with the problems associated with the actual physical care of very young children. The quality of professionals in this sector is vital because it impacts the growth and development of the children that they care for. The degree of invol...
6 Pages(1500 words)Coursework

The Key Macro Factors that Have Influenced the UK Grocery Retailing Industry since the Early 1960s

...) macro-environment – political, legal, economic forces, social forces and technological forces (Brooks et al, 2004, p.451). The following factors are relevant to UK grocery sector under the PEST analysis model: 1) Political Factors Competition law EU law Planning Law Inward Investment (DEFRA, 2006) 2) Economic and Social Factors High disposable income Disposal Income Alliances Branding Cheaper Car Travel Increasing power of consumers Economic Crisis Social Networking Pricing Mature Markets (DEFRA, 2006) It is submitted that the interrelationship of socio-economic factors has been particularly pertinent to grocery retail management. For example, the DEFRA report highlights that the mature market in particular coupled with planning...
13 Pages(3250 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Technological Forces of cars industry for FREE!

Contact Us