AI in Automotive Market will Register a Significant CAGR During Period 2020-2026 | 23.5% CAGR | Know the Companies List Could Potentially Benefit or Loose out From the Impact of COVID-19
The ripple effect of Coronavirus-COVID19 on the AI in Automotive Market Ecosystem needs to become part of strategy discussions to emerge strong. The Analyst team is meticulously tracking the impact and relevance to all the sectors in the AI in Automotive Market. Key datasets include Revenue Impact analysis, Disruptions and New opportunities in the Supply Chain, Revised Vendor Landscape Mix, New opportunities mapping, and more.
Download Sample PDF of COVID-19 ToC to understand the impact and be smart in redefining business strategies.
From robots on the factory floor to driverless cars, AI is changing the automotive industry. The automotive industry has a long record of utilizing modern technologies to bring cost-effective, innovative, and reliable and safe vehicles to the market. At Present, major technologies that are driving the automotive market are artificial intelligence (AI) and high-performance computing. These technologies are helping in building autonomous vehicles, and they are enhancing the customer and employee experience. Companies like Ford are already applying AI to improve their customer and business operations through supply chain risk identification and in-vehicle predictive maintenance.
Following Top Key players are profiled in this Market Study:
Toyota, Volkswagen, Mercedes-Benz, General Motors, Ford others
End-Use Industry: Humanâ€“Machine Interface, Autonomous Driving, Semi-autonomous Driving
According to AllTheResearch, the global AI in Automotive Ecosystem will see substantial growth by USD 28.1 billion in 2023. Companies such as Tesla and Google have already started investing and using AI technologies in their autonomous vehicles, along with startups like Argo AI, Drive.ai, nuTonomy, Otto, Preferred Networks, and Zoox, which are looking for ways to extend the AI technology usage. By 2030, highly autonomous vehicles can account for 10 to 15 percent of new car sales. OEMs and suppliers are already planning and investing in autonomous vehicles, which will be powered by AI.
Download Exclusive Free Sample PDF with Top Companies Market Positioning Data
AI in Automotive Market Ecosystem
The AI in Automotive Ecosystem was dominated by North America in 2018 and the US has made the highest investment of $5.4 Billion. The growth is attributed to the presence of major players such as Tesla, Daimler, Volkswagen Group, Subaru, and Hyundai, which are offering features and functions with this technology. In Germany, AI will enable significant automation, yielding up to 4 percent additional GDP in 2030. There are many robots and machines already on the job in automotive factories around the world, but these machines generally perform a few actions in a limited number of scenarios according to the given guidelines and rules..
The U.S. National Highway Traffic Authority has estimated that the deployment of autonomous vehicles could save USD 300 billion by 2025, reducing collisions and enabling safe driving. Increasing awareness among consumers regarding autonomous technologies will complement AI in Automotive market growth. 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. Automotive manufacturers are taking note of these trends and are offering innovative driver assistance solutions to gain competitive advantage
Ask You Queries | Get 30 Min Free Analyst Call
Table of Content:
Ecosystem Report – Table of Content
1.Global AI in Automotive Market Ecosystem Definition
2.Scope of study
1.Global Market Segmentation
AI in Automotive Market Ecosystem Positioning
1.Global AI in Automotive Market Ecosystem Snapshot
2.Global AI in Automotive Market Ecosystem Segmentation
AI in Automotive Market Ecosystem Sizing, Volume, and ASP Analysis & Forecast
1.Global AI in Automotive Market Ecosystem Sizing & Volume
View Complete Report with Different Company Profiles
Contact Person: Rohit B.
AllTheResearch was formed with the aim of making market research a significant tool for managing breakthroughs in the industry. As a leading market research provider, the firm empowers its global clients with business-critical research solutions. The outcome of our study of numerous companies that rely on market research and consulting data for their decision-making made us realise, that its not just sheer data-points, but the right analysis that creates a difference.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release AI in Automotive Market will Register a Significant CAGR During Period 2020-2026 | 23.5% CAGR | Know the Companies List Could Potentially Benefit or Loose out From the Impact of COVID-19 here
News-ID: 2083476 • Views: 240
More Releases from AllTheResearch
COVID-19 Impact: How will Grow the Digital Commerce Platform Market in Next Few …
The Global Digital Commerce Platform Market is expected to reach US$ xx million by the year 2023, growing at a CAGR of approximately 13.2% by 2027. Market reports under the Digital Commerce Platform industry are supported by various macro and micro economic factors impacting the industry. We browse through historical data and provide an overview of the emerging markets and the next big opportunities for investors within the niche market. Increasing
Global Ultrasound Guided Breast Biopsy Device Market 2020 by top Companies: Argo …
The Global Ultrasound Guided Breast Biopsy Device Market Ecosystem was valued at US$ 1951 Mn in 2018 and is expected to reach US$ XX Bn by the year 2026, growing at a CAGR of 37% by 2027. The ripple effect of Coronavirus-COVID19 on the Ultrasound Guided Breast Biopsy Device Market Ecosystem needs to become part of strategy discussions to emerge strong. The Analyst team is meticulously tracking the impact and relevance
AR VR in Healthcare Market 2020 Will Emerge Globally And Grow With High CAGR of …
The Global AR VR in Healthcare Market Ecosystem was valued at US$ 429.6 Mn in 2018 and is expected to reach US$ 2,547.6 Mn by the year 2026, growing at a CAGR of 42.1% by 2023. The ripple effect of Coronavirus-COVID19 on the AR VR in Healthcare Market Ecosystem needs to become part of strategy discussions to emerge strong. The Analyst team is meticulously tracking the impact and relevance to all
Global Artificial Intelligence in Big Data Analytics and IoT Market 2020 by top …
The Global Artificial Intelligence in Big Data Analytics and IoT Market is expected to reach USD XX Million in 2026, growing at a CAGR of 29.9% by 2027. Market reports under the Artificial Intelligence in Big Data Analytics and IoT industry are supported by various macro and micro economic factors impacting the industry. We browse through historical data and provide an overview of the emerging markets and the next big
More Releases for Automotive
Automotive Sunroof Market
Automotive Sunroof is a fixed or operable opening in vehicle that allows light or fresh air to enter inside a car. Sunroof are of many shapes and sizes and styles and they are either manually driver or motor driven. Increasing demand for premium cars and growing need to control light inside the vehicle is fueling the growth of automotive sunroof market. The major driver influencing the growth of automotive sunroof is
Automotive MEMS Sensor
The Insight Partners added “Laser Technology Market to 2025” to its research database. The report is spread across 150 pages and supported by 10 company leaders. A laser is a coherent and focused beam of photons; coherent, in this context, means that it is all one wavelength, unlike ordinary light which showers on us in many wavelengths. Laser technology is used for an extensive range of professional field measurement applications which
Automotive Air Filter Market
An automotive air filter is a device that is made up of fibrous materials that removes solid particulates like pollen, dust, bacteria, and mould from the intake air. A chemical type of air filter consist of a catalyst or absorbent for removing molecular contaminants like ozone or volatile organic compounds. Air filters are being used in applications where air quality is of vital importance, notably in building ventilation systems and
Automotive Fasteners Market
Fasteners are the mechanical components that holds, joins or affixes two or more parts together, automotive industry is the largest market for the fastener. Automotive fasteners are made up of various materials such as Iron, Aluminum, Brass, Nickel, Stainless steel, Plastic, they are further classified with their distinct characteristics. Automotive fasteners are generally used for the clamping parts of vehicle together to avoid their separation or wobbling, transmitting loads as
Automotive Tires Market
The automotive tires play a very important role in vehicle performance along with the vehicle engine. A tire should be fine enough to carry vehicle weight and pressure on any road with superior breaking performances. The manufacturers focus on enhancing the production and performance capabilities of tires to meet with the growing demands of OEMs as well as secondary market.The automotive tires market is expected to grow rapidly in the
Automotive Actuators Market 2017 - AK, FTE automotive
MarketReports.biz’s Automotive Actuators market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market. Request for sample @ https://goo.gl/auN0LC The Players mentioned in our report AK FTE automotive The report includes the forecasts, Analysis and discussion of important industry trends,