The Artificial Intelligence (AI) In Automotive Market 2020-2025 research report analyses adoption trends, key challenges, future growth potentials, key drivers, competitive outlook, restraints, opportunities, market ecosystem, and value chain analysis. The Market research report contains important details regarding the Artificial Intelligence (AI) in Automotive market value based on market dynamics and various growth factors. As an organization, we also strive to be fully compliant with privacy laws, PCI and information security guidelines. The pandemic has had devastating effects on the global economy and disrupted the functioning of Industry Artificial Intelligence (AI) in Automotive. Service orientation is a key mission for us as an organization; our process is guided by the desire to ensure that our clients are provided the best possible solutions in optimal timeframe. The design and deployment of novel technologies including autonomous mobility, vehicle simulations, rapid prototyping, and AI-enabled automotive factories are creating a positive outlook for the autonomous technologies market. The Artificial Intelligence (AI) In Automotive Market 2020-2025 research report analyses adoption trends, key challenges, future growth potentials, key drivers, competitive outlook, restraints, opportunities, market ecosystem, and value chain analysis. Estimates for the revenue as well as volume share of each product segment is mentioned. It provides a comparative study of historical data and current landscape to uncover the future performance of the market. Artificial Intelligence (AI) in Automotive market is projected to surpass USD 12 billion by 2026. New entrants are focusing on raising investor funding and new product developments to register significant business growth. Artificial intelligence is not only changing the cars on the road, but the factories that build them. GMI reports provide the most comprehensive coverage of any focus industry, ensuring a holistic and deep understanding of the market, along with actionable and granular data. Some of the players operating in the AI in automotive industry include Alphabet Inc., Audi AG, BMW AG, Daimler AG, Didi Chuxing, Ford Motor Company, General Motors Company, Harman International Industries, Inc., Honda Motor Co., Ltd., IBM Corporation, Intel Corporation, Microsoft Corporation, NVIDIA Corporation, Qualcomm Inc., Tesla, Inc., Toyota Motor Corporation, Uber Technologies, Inc., Volvo Car Corporation, and Xilinx Inc. A summary of the development of every regional contributor including estimated CAGR over the forecast period is stated in the report. Market share captured by each application segment along with their growth rate forecasts over the stipulated timeframe are enumerated. Artificial Intelligence (AI) in Automotive Market size exceeded USD 1 billion in 2019 and is estimated to grow at over 35% CAGR between 2020 and 2026. Artificial Intelligence In The Automotive Market A new research document with title ‘Artificial Intelligence In The Automotive Industry – M&A Trend Analysis’ covering detailed analysis, Competitive landscape, forecast and strategies. Request a Discount on the Report @ https://www.marketresearchintellect.com/ask-for-discount/?rid=453052. The market size of AI in automotive exceeded USD 1 billion in 2019. From a regional frame of reference, the Artificial Intelligence in Automotive market is bifurcated into North America, Europe, Asia-Pacific, Southeast Asia, Middle East and Africa, South America. Furthermore, the development of AI optimized processors and computing hardware will enable enterprises to design and deploy improved autonomous solutions. Furthermore, the supporting initiatives from various governments to incorporate semi-autonomous vehicle technologies by 2022 will positively impact industry growth. The global artificial intelligence in automotive market is expected to witness strong growth over the coming years due to the growing demand for autonomous vehicles, adoption of advanced automotive solutions, growing adoption of artificial intelligence for traffic management, and government initiatives and investments towards connected and autonomous vehicles. Leading AI solution providers including NVIDIA, Intel, and Microsoft are focusing on developing energy-efficient deep learning solutions with low power consumption to increase fuel efficiency. GMI maintains strict code of conduct as a business and is committed to ensure that the privacy and trust of our clients are always maintained. The Artificial Intelligence (Ai) In Automotive market size was valued at USD 81.6 Bn in 2018 and is expected to reach USD 170.6 Bn by 2026 and growing at a CAGR of 31.4%. We provide reports for all industries including Energy, Technology, Manufacturing and Construction, Chemicals and Materials, Food and Beverage, and more. Artificial intelligence surely will bring essentially change the automotive industry, Artificial Intelligence will increase the efficiency, safety, and productivity spell out an eventuality that may totally defy our present perception of how the industry works. The Automotive Artificial Intelligence Market is expected to be around US$ 14.5 Billion by 2025 at a CAGR of 37.5% in the given forecast period. Artificial Intelligence (AI) in Automotive Market (6 Forces Forecast 2020-2026) research report offers in-intensity insight of the Artificial Intelligence (AI) in Automotive industry masking all vital parameters along with Marketing Channel, Direct Marketing, Indirect Marketing, Brand Strategy, Pricing Strategy, Market Positioning, Target Client, and Distributors/Traders List. The hardware segment accounted for approximately 52.87% of the share in the global artificial intelligence (AI) in automotive market in 2018. Our customers rely on us to produce accurate, reliable and timely information. GMI stands by its commitment to service, providing timely assistance in both pre-sales and post-sales support for our clients. While popular attention is focused on the use of AI in autonomous cars, the industry is also working on AI applications that extend far beyond – engineering, production, supply chain, customer experience, and mobility services among others. The adoption of AI hardware will witness a rapid surge to enable self-driving technologies and improve AI algorithms through dedicated AI-enabled GPUs. We also take pride in our commitment to quality and strive to ensure that our clients get their moneys worth. The research report on Artificial Intelligence in Automotive market is intended to provide a complete analysis of pivotal factors that will positively or negatively impact this business space in the forthcoming years. The global automotive artificial intelligence market is expected to grow at a CAGR of 45.0% from 2019 to 2025. Moreover, increasing penetration artificial intelligence in several industries such as manufacturing, security, human resource, automotive and others would further positively influence market growth. In Europe, the semi-autonomous vehicles segment will grow at an impressive CAGR of over 33% by 2026 due to the extensive demand for driver-assistance technologies and facilitating driving during heavy traffic scenarios. The deep learning segment is expected to witness a lucrative growth of over 45% CAGR to 2026 due to its extensive adoption for training neural networks to mimic human-like driving behavior. Artificial Intelligence (AI) in Automotive industry. It provides a comprehensive analysis of the current and future impact of the pandemic on this industry. For instance, in March 2017, Bosch, partnered with NVIDIA for developing a new AI self-driving car computer. However, expensive autonomous technologies, issues concerning accidents of self-driving cars, and the risks of cyber-attacks on connected vehicles may hinder the market demand from 2020 to 2026. Autonomous technologies can help persons with disabilities and senior citizens have access to self-driven mobility, reducing long-distance truck & bus driver fatigue. The global Automotive Artificial Intelligence market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. Please contact us to learn more about reporting and customization options. The Detailed Market intelligence report on the Artificial Intelligence for Automotive Market applies the most effective of each primary and secondary analysis to weighs upon the competitive landscape and also the outstanding market players expected to dominate Artificial Intelligence for Automotive Market place for the forecast 2020– 2025. Further, the This report also provides precise information pertaining to market size, commercialization aspects and revenue estimation of this business. The report offers an in-depth study of the global market focusing on each segment and sub-segment of the Artificial Intelligence (AI) in Automotive market. One of the key elements of the report is the SWOT analysis along with an in-depth examination of the competitive landscape of the market. The industrial study on the “Global Artificial Intelligence (AI) in Automotive Market Research 2020-2026″ report explains an in-depth evaluation of the whole growth prospects in the global Artificial Intelligence (AI) in Automotive market. The growth of the Artificial Intelligence (AI) in Automotive market has been significantly hampered by the current economic situation triggered by the COVID-19 pandemic. Artificial intelligence in the automotive market is growing rapidly due to the rising demand for autonomous vehicles. The latest report, titled “Artificial Intelligence (AI) in Automotive Market” released by Market Research Intellect, provides the reader with a comprehensive overview of the Artificial Intelligence (AI) in Automotive Industry and familiarizes them with the latest market trends, industry information, and market share. Clients can access reports, presentations, raw data excel sheets as well as detailed company profiles. Artificial Intelligence in the Automotive market is set to grow from its current market was valued at over USD 1 billion in 2019 to USD 12 billion by 2026, according to a … TO DOWNLOAD THE PRESS RELEASE: ENGLISH Read unbiased reviews and insights, compare features and key buying criteria. North America is expected to account for the largest market share in the artificial intelligence in automotive market … The increasing positive perception among consumers regarding autonomous technologies will complement the market revenue. Global Artificial Intelligence (AI) in Automotive Market has valued 782.75 Mn in 2018 and is estimated to reach US$ XX Mn by 2026 at a CAGR of about XX % during a forecast period. For instance, in September 2019, Horizon Robotics, a leading AI computing company, introduced its 2nd generation automotive AI processor – Horizon Journey 2. Global Artificial Intelligence (AI) in Automotive Market is segmented by technology, offering, process, application, and geography. The main players examined in the report are: These facts and figures help readers to assess global market growth, production and consumption rates, product demand and price volatility, and upcoming market trends during the forecast period. Artificial Intelligence (AI) Market Size, Share & COVID-19 Impact Analysis, By Component (Hardware, Software, and Services), By Technology (Computer Vision, Machine Learning, Natural Language Processing, and Others), By Deployment (Cloud, On-premises), By Industry (Healthcare, Retail, IT & Telecom, BFSI, Automotive, Advertising & Media, Manufacturing, and Others) and Regional Forecast, … Artificial Intelligence for Automotive market segments included in the report: Regional segmentation: North America, Europe, Asia-Pacific, South America, Middle East and Africa; Country-level analysis. Artificial Intelligence (AI) in Automotive Market - Global market segmentation by types, application, regions, company market share, key developments, SWOT analysis, CAGR, sales, competitive analysis, financial performance to 2026 These reports deliver an in-depth study of the market with industry analysis, the market value for regions and countries, and trends that are pertinent to the industry. Here are a few examples of how smart machinery and AI-powered systems are making automotive production lines more efficient. Location: Boston, Massachusetts Predicting Growth Scope: Global Artificial Intelligence for Automotive Market. The AI in automotive market growth is attributed to the increasing popularity of autonomous vehicles for increased driver comfort and reducing accidents. It also includes the rate of production and consumption, volatility of prices and requirements, market share, market size, global position and the position of each player in the market. Based on offering, the artificial intelligence (AI) in automotive market has been segmented into hardware, software and Service. The report provides a comprehensive analysis of the major market players in the market along with their business overview, expansion plans, and strategies. With a pool of established automotive players and a maturing AI landscape, the rapid adoption of autonomous technologies is underway in Germany. The global automotive artificial intelligence market is expected to grow at a CAGR of 45.0% from 2019 to 2025. The application scope of the Artificial Intelligence in Automotive market comprises of Semi-autonomous Driving andAutonomous Driving. By component, the market is segmented into software, hardware, and service. Alphabet Inc., Audi AG, BMW AG, Daimler AG, Didi Chuxing, Ford Motor Company, General Motors Company, Harman International Industries, Inc., Honda Motor Co., Ltd., IBM Corporation, Intel Corporation, Microsoft Corporation, NVIDIA Corporation, Qualcomm Inc., Tesla, Inc., Toyota Motor Corporation, Uber Technologies, Inc., Volvo Car Corporation, and Xilinx Inc. Increasing adoption of IoT in automotive industry, Growing trend of Advance Driver Assist System (ADAS) technology, Rising demand for enhanced driver convenience, Issues related to accidents of driverless cars, This website is secured by 256-Bit encryption, Comodo, Firewall, Verified Sitelock Malware Protection. In addition, this report also explained the adverse effects of the coronavirus pandemic on the Artificial Intelligence (AI) in Automotive market along with its fundamental segments. Extensive insights into the Growth of Artificial Intelligence In Automotive Market amidst COVID-19. Major automotive manufacturers in Europe such as Toyota, and BMW have been offering semi autopilot and drive cruise control in their latest models. Automotive manufacturers are taking note of these trends and are offering innovative driver assistance solutions to gain a competitive advantage. Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19. Unique insights provided by Artificial Intelligence (Ai) In Automotive Market Research Report also includes the following: In-depth value chain analysis In Market Segmentation by Artificial Intelligence (AI) in Automotive Types, the report includes: When segmenting the market by application of Artificial Intelligence (AI) in Automotive, the report covers the following uses: However, the report takes into account the current impact of COVID-19 on the global economy and this particular sector of business. Additionally, as these systems are powered by AI technologies, chances of error during on-road decision making is minimized. The automotive artificial intelligence market, on the basis of process, is segmented into signal recognition, image recognition, and data mining. The industry share of AI in automotive is estimated to grow at over 35% CAGR between 2020 and 2026. The market growth is attributed to the steadily growing uptake of driver assistance technologies for increasing driving comfort and ensuring safe driving experience. Get a sample copy of the report including the analysis of COVID-19 impact @ https://www.marketresearchintellect.com/download-sample/?rid=453052. The recent report on the Artificial Intelligence in Automotive Industry market predicts the industry’s performance for the upcoming years to help stakeholders in making the right decisions that can potentially garner strong returns. Artificial Intelligence (AI) in Automotive market is projected to surpass USD 12 billion by 2026. This kind of autonomous vehicles set up with AI enhances the user experience and reduces human intervention. The 2025 market for AI, including ADAS and robotic vehicles, is estimated at US$2.75 billion - of which US$2.5 billion will be “ADAS only”. It examines various key aspects of the market, including the latest technological innovations in the industry, current trends, and development opportunities. Artificial intelligence: automotive’s new value-creating engine 7 Our analyses yielded the following key insights, which will be explained in more detail in the course of the report (for details on our sources and methodology see text box 1 and the appendix): It highlights the political scenario in the market and anticipates its influence on the Artificial Intelligence (AI) in Automotive market. For instance, in October 2019, Tesla announced the early release of its fully autonomous vehicles by Q1 2020 for capturing early mover advantage. The research report on ' Automotive Artificial Intelligence market' now available with Market Study Report, LLC, offers a detailed analysis of the factors influencing the global business sphere. The market growth is attributed to the steadily growing uptake of driver assistance technologies for increasing driving comfort and ensuring safe driving experience. The market growth is attributed to the steadily growing uptake of driver assistance technologies for increasing driving comfort and ensuring safe driving experience. Based on Applications Artificial Intelligence (Ai) In Automotive Market Segmentation: Human–Machine Interface (HMI) Autonomous Driving Others Global Artificial Intelligence for Automotive Applications Market is estimated to be valued US$ XX.X million in 2019. Semi-autonomous technologies have already been rolled out for production and are expected to commercialize significantly over the forecast timespan. Artificial Intelligence (AI) in Automotive market is projected to surpass USD 12 billion by 2026. The research report on Artificial Intelligence in Automotive market is intended to provide a complete analysis of pivotal factors that will positively or negatively impact this business space in the forthcoming years. Artificial Intelligence (AI) in Automotive market is projected to surpass USD 12 billion by 2026. According to the data reported by the World Intellectual Property Organization in 2018, German auto manufacturers accounted for over 51% of the total autonomous driving patents filed globally. New Jersey, United States,- The Artificial Intelligence (AI) in Automotive Market Size And Forecast to 2027. The research report on Artificial Intelligence in Automotive market is intended to provide a complete analysis of pivotal factors that will positively or negatively … Automotive Artificial Intelligence Market Outlook - 2025. Driver behavior monitoring, road condition awareness, and lane tracking are a few of the innovative solutions that have been introduced through the implementation of AI technologies in semi-autonomous vehicles. With the increasing rate of road accidents caused due to over-speeding, implementation of image/signal recognition solutions will drastically improve road safety. For instance, in July 2019, ARGO AI, an autonomous vehicle startup, raised USD 2.6 billion in capital and assets from the Volkswagen Group. The report offers an in-depth study of the Artificial Intelligence (AI) in Automotive market by defining its core segments. The pandemic has had devastating effects on the global economy and disrupted the functioning of … Identify the best Automotive Artificial Intelligence. Artificial intelligence (AI) holds the key to a new future of value for the automotive industry. The increasing importance of perception sensors including high-resolution cameras, LiDAR, and radar in providing accurate localization & context awareness to onboard AI systems is accentuating the growth of the hardware segment. The report makes historical and future assessments of market dynamics and provides concise data in a well-organized order. The deep learning segment for artificial intelligence (AI) in automotive market is expected to witness a lucrative growth of over 45% CAGR from 2020 to 2026 due to the extensive adoption of deep learning solutions for training neural networks to mimic human-like driving behavior. The application spectrum of Artificial Intelligence in Automotive Industry market is classified into Semi-autonomous Driving andAutonomous Driving. By 2026, the semi-autonomous vehicles segment will dominate the European AI in automotive industry and is set to grow at an impressive CAGR of over 33% owing to extensive demand for driver-assistance technologies and facilitating driving during heavy traffic scenarios. The Market research report contains important details regarding the Artificial Intelligence (AI) in Automotive market value based on market dynamics and various growth factors. Thanks for reading our report. 1. You can find more information about the report at @ https://www.marketresearchintellect.com/product/global-artificial-intelligence-ai-in-automotive-market-size-and-forecast/. Get in touch with us for special pricing. 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The image/signal recognition segment held the majority of the AI in automotive market share with over 65% in 2019 and is expected to continue its dominance over the forecast timespan due to the increasing deployment of traffic sign recognition software in autonomous vehicles. Market Overview: The Global Automotive Artificial Intelligence Market was valued at USD 572.54 million in 2016 and is projected to reach USD 10,862.51 … Global Automotive Artificial Intelligence Market is estimated to be valued US$ XX.X million in 2019. Similarly, in November 2018, Singapore announced the launch of driverless buses & shuttles to reduce peak traffic loads starting 2022. The report also identifies key regions and segments that dominate the market. As consumers are rapidly adopting driver-assist technologies to reduce driving burden and ensure road safety, the demand for autonomous vehicles will surge prolifically over the forecast timespan. This software ensures that vehicles adhere to speed limits by detecting speed limit signs and automatically reducing vehicle speed as per the regulation. The report measures the market share of every application segment and subsequently predicts their respective growth rate over the estimated timeframe. Automotive Artificial Intelligence Market by Component (Hardware, Software, Services), By Technology (Machine Learning, Computer Vision, Natural Language Processing, Context-Aware Computing), By Process (Signal Recognition, Image Recognition, Voice Recognition, Data Mining), By Application (Semi-Autonomous Driving, Human Machine Interface), and Region - Global Forecast to 2027 In this article, we will look at 5 applications of artificial intelligence that are impacting automakers, vehicle owners, and service providers. These OEMs are offering driver assistance systems in the majority of their mass-produced vehicles, pushing Germany as a global hub for automated mobility. Prominent players operating in AI businesses are focusing on strengthening their R&D capabilities and forging strategic alliances with other leading enterprises for speeding up the technology development cycle. Artificial intelligence (AI) in automotive industry is expected to cause a profound disruption by streamlining production capabilities and augmenting business growth. The partnership helped the company to integrate Tmall Genie Auto technology in its cars, helping drivers to control their cars through voice commands and providing an intelligent connected ecosystem for drivers. The market forecast contained in the report is prepared by our team of experts and is of great importance as it provides in-depth information on various key industry parameters. The research also segments the Automotive Artificial Intelligence market on the basis of end user, product type, application, and demography for the forecast period 2019–2024. Further, processor is divided into graphics processing unit and microprocessor. This chapter explains the regulatory framework that is likely to impact the overall market. The report also analyzes key elements such as growth trends, area of ​​concentration, business expansion strategies, market scope, and other key characteristics that provide relevant data for companies to strengthen their position in the market. Market Overview: The Global Automotive Artificial Intelligence Market was valued at USD 572.54 million in 2016 and is projected to reach USD 10,862.51 … It provides a comparative study of historical data and current landscape to uncover the future performance of the market. In March 2019, BMW and Daimler entered into a strategic collaboration to develop new ADAS solutions and establish industry standards to influence future regulations on driver assistance technologies. Rethink Robotics Rethink Robotics: Human-bot collaboration on the assembly line. View top Automotive Artificial Intelligence 360 quadrants to know the market … Artificial intelligence has been a hot topic in the automotive industry for years, and we have seen rapid advances in things like autonomous driving. Buy Now report with Analysis of COVID-19 [$2999] @ https://www.marketresearchintellect.com/checkout/?buyreport=453052. Artificial Intelligence in Automotive Market, By Offering (Hardware and Software), By Technology (Deep Learning, Machine Learning, Infotainment Systems, and IOT (Internet of Things), Cognitive Capabilities), By Application (Semi-autonomous and Fully-autonomous), and By Geography - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026 In March 2019, the European Commission has made traffic sign recognition mandatory for all vehicles manufactured from 2022 to ensure smooth traffic flow and minimize over-speeding accidents. Another factor contributing to the AI in automotive market share is the increasing demand for driver convenience and improving access to mobility. Further, the The report assesses key market growth potential, dynamic market trends, driving factors, restraints, investment opportunities, and threats. The global automotive artificial intelligence market is expected to reach at $8,887.6 million by 2025, from $445.8 million in 2017, growing at a CAGR of 45.0% from 2018 to 2025. Our team will make sure the report meets your requirements. This new system is designed to process up to 30 trillion deep learning operations every second while drawing just 30 watts of power. It is expected that these regions will experience rapid growth during the expected time. It provides a comparative study of historical data and current landscape to uncover the future performance of the market. The report includes an in-depth study of industry variables, manufacturer value chain, sales volume, market share, competitive landscape, and effective business tactics. for the forecast year up to 2029. For instance, in June 2019, Audi partnered with Alibaba AI Labs in conjunction with Honda and Renault to jointly focus on the R&D of AI and voice technology. Market Definition: At an estimated value of over 2.49 billion USD in 2019, the global Automotive Artificial Intelligence (AI) market is predicted to thrive at a CAGR of 36.2% and valued at over USD 74.50 billion over the forecast year 2020-2030. The major driving factors of Automotive Artificial Intelligence Market are as follows: Advancement in technologies; Increase in awareness; Increase in number of eSports enthusiast . Natural Language Processing (NLP)???????????????????????????? Get more details on this report - Request Free Sample PDF. GMIPulse allows you to track relevant industries and stay informed with latest innovation, competitive and regulatory developments to help design strategic framework. The market is divided between centralized platforms and vision processors. The Global Artificial Intelligence (AI) in Automotive Market Ecosystem was valued at US$ 21.8 Bn in 2018 and will see substantial growth by USD 28.1 billion with 23.5% of CAGR by 2023.. From robots on the factory floor to driverless cars, AI is changing the automotive industry.