Press release
Automotive Artificial Intelligence Market is expected to reach at a CAGR of 37.6% by 2023| Audi, Tesla, Qualcomm
Automotive Artificial Intelligence Market
The report provides in-depth comprehensive analysis for regional segments that covers North America, Europe, Asia-Pacific, Middle East and Africa and Rest of World with Global Outlook and includes Clear Market definitions, classifications, manufacturing processes, cost structures, development policies and plans. The facts and data are well presented in the report using diagrams, graphs, pie charts, and other pictorial representations with respect to its Current Trends, Dynamics, and Business Scope & Key Statistics.
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According to HTF MI, the Global Automotive Artificial Intelligence Market accounted for $563.58 million in 2016 and is expected to reach $5,265.81 million by 2023 growing at a CAGR of 37.6% during the forecast period. The automotive industry has seen the promise of artificial intelligence (AI) technology, and is among the industries at the forefront of using AI to augment human actions and to mimic the actions of humans. The arrival of standards such as the adaptive cruise control (ACC), blind spot alert, and advanced driver assistance systems (ADAS) and rising demand for convenience and safety presents an opportunity for OEMs to build up novel and innovative artificial intelligence systems that would attract customers.
Although 2016 was spoiled by some technological failures in self-driving cars, the year also observed a couple of successful test runs in the US. Uber had ordered Swedish car maker Volvo for a fleet of self-driving cars. While also harnessing the advanced reaction times and pinpoint precision of machine-based systems, both semi-autonomous and the fully autonomous vehicles of the future will depend heavily on AI systems. NVIDIA is collaborating with Toyota to deliver artificial intelligence hardware and software technologies that will improve the capabilities of autonomous driving systems planned for market introduction within the next few years. Mercedes-Benz and NVIDIA have announced a partnership to bring an NVIDIA AI-powered car to market.
North America is expected to command the largest market share in automotive AI market in 2017. The existence of incentives and huge funding from governments plays a key role in the development of this technology. For instance, in 2016, the US government has spent USD 4.00 billion to speed up the acceptance of autonomous vehicles on US roads. The automotive industry in the US is a highly developed industry, with the "big three"-Ford Motor Company, General Motors, and Fiat-Chrysler Automotive constantly improving their product portfolios.
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Some of the key players in the market include Alphabet Inc., Audi AG, Tesla, Inc., Qualcomm Inc., Didi Chuxing, Ford Motor Company, General Motors Company, Harman International Industries, Inc., Honda Motor Co. Ltd., Hyundai Motor Company, Intel Corporation, International Business Machines Corporation, Microsoft Corporation, Toyota Motor Corporation and Uber Technologies, Inc.
Offering Covered:
Software, Hardware
Processes Covered:
Data Mining, Image Recognition, Signal Recognition
Applications Covered:
Autonomous Vehicle, Semi-Autonomous Driving, Human–Machine Interface
Technologies Covered:
Natural Language Processing, Context Awareness, Computer Vision, Machine Learning, Deep Learning
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Book this research study Automotive Artificial Intelligence - Global Market Outlook (2019-2025) @ https://www.htfmarketreport.com/buy-now?format=1&report=2258439
Introduction about Automotive Artificial Intelligence - Global
Automotive Artificial Intelligence - Global Market Size (Sales) Market Share by Type (Product Category) [Automatic Drive, ADAS] in 2018
Automotive Artificial Intelligence - Market by Application/End Users [Passanger Cars, Commercial Vehicles]
Automotive Artificial Intelligence - Global Sales (Volume) and Market Share Comparison by Applications
Global Automotive Artificial Intelligence - Global Sales and Growth Rate (2014-2025)
Automotive Artificial Intelligence - Competition by Players/Suppliers, Region, Type and Application
Automotive Artificial Intelligence - (Volume, Value and Sales Price) table defined for each geographic region defined.
Automotive Artificial Intelligence - Global Players/Suppliers Profiles and Sales Data
Additionally Company Basic Information, Manufacturing Base and Competitors list is being provided for each listed manufacturers
Market Sales, Revenue, Price and Gross Margin (2014-2018) table for each product type which include
Cost Structure Analysis
Key Raw Materials Analysis & Price Trends
Supply Chain, Sourcing Strategy and Downstream Buyers, Industrial Chain Analysis
........and view more in complete table of Contents
Check Complete Report Details @ https://www.htfmarketreport.com/reports/2258439-automotive-artificial-intelligence-global-market-outlook
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA – 08837
Phone: +1 (206) 317 1218
sales@htfmarketreport.com
About Author:
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
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