2019 Artificial Intelligence (AI) Cars and Light Trucks Market– AMD, Apple, BMW, Bosch, Daimler AG / Mercedes-Benz, Ford, Fuji, GM, Google, Hyundai

Researchmoz added Most up-to-date research on "Artificial Intelligence (AI) Cars and Light Trucks Market Size, Shares - Industry Trends, Strategies, and Forecasts, Worldwide, 2017 to 2023" to its huge collection of research reports.

As of now, every automobile company is looking to incorporate artificial intelligence in their cars for achieving heightened levels of automation. Automobile companies are striving to achieve driverless cars by making use of artificial intelligence, boosting the market for AI in cars and light trucks.

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The installation of AI-based systems in new cars and light trucks is increasing steadily from the past few years. All big companies are investing extensively in the research and development for achieving different levels of automation for autonomous driving by making use of artificial intelligence and sensor technologies. The use of AI and sensors help in detecting and avoiding obstacles. The demand for artificial intelligence in cars and light trucks is increasing as it helps to avoid collision, prevent accidents, lane assistance, and parking assistance. The growing disposable income of the people and thus, their increased spending or budget on luxury items is an important factor driving auto makers to develop cars that have enhanced automated features.

The 2017 study has 826 pages, 290 tables and figures. Worldwide markets are poised to achieve significant growth as Artificial Intelligence (AI) cars and light trucks permit users to implement automated driving. Fleet vehicles from Uber, Google and similar users are likely to be the early adopter groups, creating vehicles that do package delivery and ride sharing. Tesla, Mercedes, and Audi are among the vendors with a leadership position in the personal luxury vehicle artificial intelligence (AI) car markets. These cars provide performance and cater to individual preference in feature function packages and styling.

Every car maker seeks to participate in this Artificial Intelligence (AI) personal vehicle market. The ability to do so depends on implementing next generation technology that is very expensive to get working. Vendors ae seeking to work together to set standards and develop shared modules that provide basic functionality. Cameras, sensors, artificial intelligence software, and LiDAR are among the modules being developed.

Autonomous vehicle technology has the potential to institute major change in personal mobility. Autonomous cars are the next generation of manual cars, poised to provide thrust for a large replacement market. Autonomous vehicles are the base for building personal car services, particularly in large cities. Carmakers and Silicon Valley companies bring different skills to the task of building a Artificial Intelligence (AI) car. Together they are finding common ground to transform the personal vehicle industry. One thing they are unlikely to transform is performance.

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Every person who owns a vehicle has a preference on performance. The Tesla has gained recognition for offering a Artificial Intelligence (AI) vehicle, but it is first and foremost a performance vehicle. This characteristic will not change as Artificial Intelligence (AI) vehicles come on the market. People like the customization of features and functions in their car.

This customization aspect of Artificial Intelligence (AI) vehicles does not get talked about much, but it is a very important part of the industry. It will not go away just because cars are run by software. From auto racing to personal preference, ever car has its own personality and its own comfort. Performance is part of the package. Every car maker seeks to participate in this Artificial Intelligence (AI) personal vehicle market with a distinctive offering. The ability to have unique appear to customers depends on implementing next generation technology in a manner that works effectively and is relatively inexpensive to implement.

Apple, IBM, and Google are sure to be among the significant software vendors for all the Artificial Intelligence (AI) car and light truck market participants. IBM has a huge head start with its excellent middleware branded integrated solutions that are hardened and reliable. Google has mindshare and early market success with its early market trials.

Artificial Intelligence (AI) cars and light trucks incrementally add automated process to driving. As software is added to cars and light trucks it is done in concert with modification to the steering, breaking, and other automotive systems. Autonomous functions for vehicles are increasingly adopted.

Change is incremental, we do not have fully functioning Artificial Intelligence (AI) cars immediately, rather, steering, collision avoidance, parking, test driving, series of camera and radar based monitoring systems, lane assist, and adaptive cruise control are being implemented, presaging rapid adoption of Artificial Intelligence (AI) cars and light trucks as the various functions mature and work in the real world.

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According to Susan Eustis, team leader for the preparation of the study, “The market for Artificial Intelligence (AI) car and light truck vehicles is anticipated to expand in parallel with the deployment of appropriate roadway controls funded by government programs. The large public investments for Artificial Intelligence (AI) vehicles so far has been for development of technology that works for military purposes. The extension of this type of automated system to commercial fleet vehicles will be rapid after 2019”.

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