Evaluation of auto companies software-defined vehicles’ R&D growth plans

Over 700 billion USD in value will be generated by the rise of software-defined vehicles within OEMs, OESs, and related ecosystems over the long term (between 2030 and 2035). By 2031, just software sales will generate 59 billion USD, while the market for software services would be worth about 384 billion USD at that time (source: S&P Global Mobility: Software summary dashboard). The size of these revenue prospects is incentivizing auto companies to invest more in the creation of underlying architecture, supplementary services, and software content. We forecast a range of choices for the car industry's capital and R&D budget allocation to increase financial and strategic flexibility. The pattern will persist between 2024 and 25 and into late 2030.

The S&P Global Mobility SDV R&D growth plan evaluation report offers a marketing-focused review of the OEMs' and OESs' R&D investments and expenditures plan that will help with the development and readiness of future SDVs. The evaluations are based on many investment and development-related issues. This study examines how relevant their investments are to SDV readiness and key investment domains rather than contrasting one OEM or OES with another.

For the reader's convenience, this study is offered as a "PowerPoint" presentation deck, which contains helpful infographics and a summary of quantitative software-defined vehicle data.

The following are the report's primary analytical themes:

The R&D growth trends landscape and an examination of the highest-spending OEMs and OESs.

Evaluation of 74 OEMs, including both established and emerging EV companies, regarding their involvement in SDV R&D and partnership-building initiatives.

Analysis of the investment in SDV R&D and partnership-building tactics of OESs (48 OESs, including tier-1s, silicon vendors, and technology companies).

Profiles of R&D evaluation companies and its SDV development viewpoint.

• Overview of the business
• Software Development & R&D Outlook
• Areas of software R&D investments
• Software Partnerships and Cooperation
• R&D to Revenue Ratios
• Review and analysis of R&D Spending and SDV Preparation by S&P Global Mobility

Audience of this report:

• Automotive OEMs
• Suppliers of automotive components
• Makers of automotive semiconductors
• Developers of automotive software components.
• Financial Community

Key benefits:

Planners, purchasers, marketers, and strategists can utilize this study to:

Gain market knowledge by examining Software-Defined Vehicles (SDV) investments and development growth trajectories, strategic and development alliances, and the prognosis for software and R&D that may influence enterprises' strategic decisions.

Create strategies by analyzing, communicating to internal decision-makers, and appraising the software development and software acquisition of auto companies projected regional and international commercial prospects.

Report Table of Contents

1. Executive summary
2. Automotive industry top trends
3. How to interpret R&D analysis and SDV readiness data
4. Automotive industries’ R&D growth scenarios
5. Methodology & assumptions
6. R&D evaluation and scored companies’ profiles
7. Index of auto companies
8. Analysis & analyst commentaries
9. Conclusion