Press release
THE GLOBAL AUTOMOTIVE ARTIFICIAL INTELLIGENCE MARKET WAS VALUED AT USD 572.54 MILLION IN 2016 AND IS PROJECTED TO REACH USD 10,862.51 MILLION BY 2025, GROWING AT A CAGR OF 38.68% FROM 2017 TO 2025 TOP KEY PLAYERS ARE INTEL CORPORATION , NVIDIA CORPORATION
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Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Rising demand for premium segment vehicles
1.2 Increasing trend of autonomous vehicle
1.3 Growing demand for enhanced user experience
1.4 Rising government regulations for vehicle safety
1.5 Growing adoption of ADAS technology
2. Market Restraints
2.1 Maintaining the Balance Between Cost and Quality
2.2 Increasing cyber security threats for vehicles
2.3 High overall cost of a vehicle
Market Segmentation:
The Global Automotive Artificial Intelligence Market is segmented on the technology, component, process, application, and region.
1. Technology:
1.1 Computer Vision
1.2 Natural Language Processing
1.3 Deep Learning
1.4 Machine Learning
1.5 Context Awareness
2. By Component:
2.1 Software
2.2 Hardware
3. By Process:
3.1 Image Recognition
3.2 Data Mining
3.3 Signal Recognition
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4. By Application:
4.1 Semi-autonomous Driving
4.2 Autonomous Driving
4.3 Human–Machine Interface
5. By Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Intel Corporation
2. NVIDIA Corporation
3. Alphabet Inc.
4. IBM Corporation
5. Microsoft Corporation
6. Harman International Industries, Inc.
7. Qualcomm Inc.
8. Tesla, Inc.
9. Xilinx Inc.
10. Audi AG
11. Volvo Car Corporation
12. Toyota Motor Corporation
13. Hyundai Motor Company
14. Ford Motor Company
15. Honda Motor Co. Ltd.
16. Uber Technologies, Inc.
17. Daimler AG
18. Didi Chuxing
19. General Motors Company
20. Bayerische Motoren Werke AG
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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