FAST 2030

Oliver Wyman study on the Future Automotive Industry Structure

The automotive industry remains on track for success – in continuation of the recent years. After the crisis years 2008 to 2010, both automakers and automotive suppliers have experienced a phase of prosperity.

However, this might turn out to be a short‑lived chapter in light of the simultaneous “Mighty Seven Industry Trends” – a perfect storm of transformative technologies and changing customer behavior – which challenge the core business pillars the industry is built on. As a consequence, the shape of automotive value creation is expected to simultaneously shift in three dimensions until 2030:

  • horizontally between vehicle systems,
  • vertically between industry players, and
  • regionally.

Nine new business models expected to emerge

With shifting value pools across the field of vehicle components, nine new business models for auto suppliers are emerging, creating a need to re‑define their role and operating model in order to retain competitive. In parallel, both suppliers and vehicle manufacturers will have to foster holistic performance improvements to offset the needed investments and absorb other looming externalities.

About the study

This is the third edition of the FAST study, created every five years in collaboration between Oliver Wyman and the German Automotive Association (VDA). The findings are based on more than 100 expert interviews with global top managers in the automotive industry as well as further external industry specialists, complemented by further industry reports and insights.

More details on segments and in-depth analysis are available upon request.