The dawn of a golden era has arrived for the global automobile industry, with success for major manufacturers likely over the coming years.

A new report by the Boston Consulting Group (BCG) has suggested the coming months will be a great time for the car market in terms of innovation and advancement.

It explained there are four key areas in which innovation is set to excel. These are power train, connectivity, lightweight materials and active safety and assisted driving, with all of these predicted to be key to the success of the industry's leading brands in the years ahead.

Prior to reaching its conclusion, the BCG called upon research from a variety of sources - including the results of a US consumer survey, its own annual study of the world's most innovative companies and an examination of the latest patent filings.

Xavier Mosquet, a senior partner at BCG and co-author of the study, said: "Innovation in the automotive industry is retaking centre stage. Consumers want to buy cars from companies that bring new technologies to market, and connectivity, safety and fuel efficiency are three of their top priorities. The ability to innovate in these areas will be a major factor in individual automakers' success in the coming years."

The imagination and development skills available to the automobile industry are second to none, with a total of 14 car makers found in the BCG's list of the top 50 most innovative companies in 2013.

This was up from the ten vehicle manufacturers that made the cut in 2012, while just five were included in 2005.

A trio of car brands - Toyota, Ford and BMW - are found within the top ten when it comes to innovation.

With greater innovation, demand and success anticipated in the car production industry in the years to come, more firms could soon be on the lookout for skilled and experienced individuals to fill automotive jobs in various departments.

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