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Automotive Artificial Intelligence Market Trends, Size, Forecast - 2019-2025

Automotive Artificial Intelligence Market

Automotive Artificial Intelligence Market

Automotive Artificial Intelligence Market is expected to grow at a moderate rate during the forecast period 2019-2025. Technological advancements across the globe have paved their ways across numerous industry verticals. Automotive AI is one such advancement which is expected to change the way various industries are operating across the globe. AI is expected to be one of the prime reasons for shifting paradigms across the automotive industry. As the automotive manufacturers tend to increase their focus on enhancing consumer experience along with improving the vehicle efficiency, they are implementing AI in numerous departments of a vehicle. Numerous companies are investing in R&D of driverless cars which implements artificial technology for its functioning. AI is not only being used for autonomous driving, however, it is also being implemented for assisting the driver for the better driving experience. Use of AI is also done to introduce mapping and localization of the vehicle.

Request a free sample of our report on Automotive Artificial Intelligence Market: https://www.omrglobal.com/request-sample/automotive-artificial-intelligence-market

Government regulations across the globe are getting stringent for the safety of driver without making them compromise on their comfort. This is expected to be one of the key reasons which are expected to promote the implementation of AI across the globe. Moreover, as the per capita income of the global population has increased, it is expected to promote the sales of luxury vehicles across the globe. This is expected to promote the demand for advanced technologies such as AI for automotive purpose over the forecast period.
However, when implemented in vehicles, this can increase the cost of vehicles significantly. This can have a negative impact on the growth of the market over the forecast period.

Geographically, the market is divided into North America, Europe, Asia-Pacific and Rest of the World. North America is expected to register a significant share in the overall market owing to the presence of numerous key players in the region. Moreover, Europe is expected to follow North America in terms of share as it comprises a few economies such as Germany and UK, which are key automotive markets across the globe. Moreover, the disposable income of population has increased considerably; this trend is expected to follow in the coming years, which is expected to increase implementation of advanced technology such as automotive AI over the coming years.

A full report of Automotive Artificial Intelligence Market is available at: https://www.omrglobal.com/industry-reports/automotive-artificial-intelligence-market

Global Automotive AI Market Segmentation

By Component Type
• Hardware
• Software

By Technology Type
• Computer Vision
• Natural Language Processing
• Machine Learning & Deep Learning

By Application
• Autonomous
• Semi-Autonomous
By Process
• Signal Recognition
• Image Recognition
• Data Mining

Regional Analysis

North America
• United States
• Canada

Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific
• China
• India
• Japan
• Rest of Asia-Pacific

Rest of the World

Company Profiles
• IBM Corp.
• NVIDIA Corp.
• Intel Corp.
• Waymo LLC
• Baidu USA, LLC
• Altmotive Ltd.
• Nauto, Inc.
• nuTonomy Group
• Zoox, Inc.
• Drive.ai

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/automotive-artificial-intelligence-market

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

About us:
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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