openPR Logo
Press release

Vehicle intelligence Market Growth Probability, Leading Vendors and Future Scenario By 2024-2031

09-27-2024 10:37 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Vehicle intelligence Market Growth Probability, Leading

Vehicle intelligence market is anticipated to grow at a CAGR of 12.2% during the forecast period (2023-2030). Vehicle intelligence refers to the technology that allows vehicles to make smart decisions and perform tasks without human intervention. It involves sensors, cameras, and computer systems that gather information about the vehicle's surroundings, such as road conditions and other vehicles. Using this data, the vehicle can make decisions like adjusting speed, changing lanes, or even parking itself. Advanced algorithms process this information, enabling features like adaptive cruise control, lane-keeping assistance, and autonomous driving. Vehicle intelligence aims to enhance safety, efficiency, and convenience in transportation, ultimately paving the way for self-driving cars.

Get Free Sample link @ https://www.omrglobal.com/request-sample/vehicle-intelligence-market

The global Vehicle intelligence market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America). Among these, Asia pacific is anticipated to hold a prominent share of the market across the globe, owing to Rising consumer demand for convenience and safety and growing number of startups in the region. For instance, In June 2023, Bengaluru-based start-up Minus Zero has unveiled what it claims is India's first autonomous vehicle. Based on a camera-sensor suite, the fully-electric prototype called zPod can drive in all environmental and geographical constraints, and can scale up to Level 5 autonomy capabilities, the company said. Level 5 autonomy refers to the highest level of autonomous driving, where a vehicle is fully capable of operating without human intervention in all driving conditions and environments.

full report of Vehicle intelligence Market available @ https://www.omrglobal.com/industry-reports/vehicle-intelligence-market

Market Coverage
Market number available for - 2024-2031
Base year- 2024
Forecast period- 2024-2031
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
, and others

Market Segmentation

Global Vehicle intelligence Market by Component 

Sensor
Analog ICs
Processor
Memory

Global Vehicle intelligence Market by Driver Monitoring Systems  

Adaptive Cruise Control System
Blind Spot Detection System
Park Assist System
Traffic Jam Assist Systems
Drowsiness Monitoring

Global Vehicle intelligence Market by Road Scene Understanding

Night Vision System
Pedestrian Detection System
Road/Lane Tracking System
Road Sign Detection System

Company Profiles 

Argo AI
Audi AG
BMW AG
Daimler AG
Didi Chuxing
ai
Ford Motor Company
General Motors Company
Harman International Industries Inc.
Honda Motor Co. Ltd.
Hyundai Motor Corp
Intel Corp
Nauto Inc.
nuTonomy
NVIDIA Corp
Qualcomm Inc.
Tesla Inc.
Toyota Motor Corp
Uber Technologies Inc.
Volvo Car Corp
Xilinx Inc.

The Report Covers

Market value data analysis of 2022 and forecast to 2030.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the global Vehicle intelligence market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying 'who-stands-where' in the market.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/vehicle-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 Orion Market Research
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. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

This release was published on openPR.

Permanent link to this press release:

Copy
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 Vehicle intelligence Market Growth Probability, Leading Vendors and Future Scenario By 2024-2031 here

News-ID: 3671220 • Views:

More Releases from Orion Market Research

Cyber Security Insurance Market - Current Impact to Make Big Changes by 2033
Cyber Security Insurance Market - Current Impact to Make Big Changes by 2033
The Cyber Security Insurance (Cyber Insurance) Market was valued at approximately USD 15.87 billion in 2023 and is projected to reach USD 90.6 billion by 2033, reflecting a CAGR of about 22.3% from 2024 to 2033. Cyber Security Insurance Market Overview The Cyber Insurance Market is experiencing extraordinary momentum as organizations increasingly recognize the financial and reputational risks posed by cyber threats. Fueled by growing digital transformation and rising ransomware, data breaches,
On-Demand Home Services Market: A Guide to Understanding the Process
On-Demand Home Services Market: A Guide to Understanding the Process
The On-Demand Home Services Market was valued at approximately USD 5.17 billion in 2023 and is projected to grow to around USD 236 billion by 2033, reflecting a CAGR of about 5.9% from 2025 to 2033. On-Demand Home Services Market Overview The On-Demand Home Services Market is witnessing strong growth as consumers increasingly turn to digital platforms for convenient and efficient household solutions such as cleaning, maintenance, beauty, and appliance repair. This
Oil Shale Market Global Rising Demand & Huge Scope Till 2033
Oil Shale Market Global Rising Demand & Huge Scope Till 2033
The Oil Shale Market was valued at approximately USD 3.54 billion in 2023 and is anticipated to grow to around USD 9.21 billion by 2033, reflecting a CAGR of about 8.15% from 2024 to 2033. Oil Shale Market Overview The Oil Shale Market is experiencing steady growth, driven by the rising global demand for energy, the depletion of conventional fossil fuel reserves, and the increasing emphasis on energy security. North America leads
Consumer IAM Market Share: In-Depth Analysis, Growth Opportunities, Key Trends, and Forecast till 2033
Consumer IAM Market Share: In-Depth Analysis, Growth Opportunities, Key Trends, …
The Consumer IAM Market was valued at approximately USD 10.08 billion in 2023 and is projected to reach USD 46.55 billion by 2033, reflecting a CAGR of about 16.5% from 2024 to 2033. Consumer IAM Market Overview The Consumer Identity and Access Management (Consumer IAM) Market is witnessing strong growth, driven by the increasing need for secure, seamless, and user-friendly digital interactions across industries such as banking, retail, healthcare, and telecommunications.

All 5 Releases


More Releases for Vehicle

Transformative Trends Impacting the Vehicle-to-Vehicle (V2V) Communication Marke …
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations. How Large Will the Vehicle-to-Vehicle (V2V) Communication Market Size By 2025? The size of the vehicle-to-vehicle (V2V) communication market has seen significant expansion in the most recent years. The market is projected to surge from $24.28 billion in 2024 to $27.1 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 11.6%. The
Electric Vehicle Motor Market : Battery Electric Vehicle, Plugin Hybrid Vehicle, …
According to the report published by Allied Market Research, the global electric vehicle motor market generated $5.5 billion in 2021, and is estimated to reach $34.4 billion by 2031, witnessing a CAGR of 20.3% from 2022 to 2031. Asia-Pacific is expected to dominate the global electric vehicle motor market. An increase in vehicle population and a rise in vehicle standards fuel the growth of the Asia-Pacific market. Moreover, various technological
Truck Platooning Market : Vehicle-to-infrastructure (V2I), Vehicle-to-vehicle (V …
According to a recent report published by Allied Market Research, titled,"Truck Platooning Market by Technology, Platooning Type, and Communication Technology: Global Opportunity Analysis and Industry Forecast, 2018 - 2025,"the global truck platooning market size was valued at $500.9 million in 2017, and is projected to reach $4,590.3 million by 2025, registering a CAGR of 32.4% from 2018 to 2025. To Explore More, Download Sample Report: https://www.alliedmarketresearch.com/request-sample/5245 Global truck platooning market is segmented
Electric Vehicle Motor Market : Battery Electric Vehicle, Plugin Hybrid Vehicle, …
According to a new report published by Allied Market Research, titled, "Electric Vehicle Motor Market," The global electric vehicle motor market was valued at $5.5 billion in 2021, and is projected to reach $34.4 billion by 2031, growing at a CAGR of 20.3% from 2022 to 2031. Asia-Pacific is expected to dominate the global electric vehicle motor market. An increase in vehicle population and a rise in vehicle standards fuel the
Electric Vehicle Power Inverter Market : Hybrid Vehicle, Plug in Hybrid Vehicle, …
The electric vehicle power inverter market was valued at $8.67 billion in 2021, and is estimated to reach $22.25 billion by 2031, growing at a CAGR of 10.4% from 2022 to 2031. Download Sample Report at https://www.alliedmarketresearch.com/request-sample/9122 Factors that drive the growth of the electric vehicle power inverter market are increase in demand for electric vehicles, proactive government initiatives for the development of electric vehicle, and surge in demand for low-emission and
Truck Platooning Market : Vehicle-to-infrastructure (V2I), Vehicle-to-vehicle (V …
The global truck platooning market size was valued at $500.9 million in 2017 and is projected to reach $4590.3 million by 2025, registering a CAGR of 32.4% from 2018 to 2025 by Technology (Adaptive Cruise Control (ACC), Blind Spot Warning (BSW), Global Positioning System (GPS), Forward Collision Warning (FCW), Lane Keep Assist (LKA), and Others), Platooning type (Driver-Assistive Tuck Platooning (DATP) and Autonomous Truck Platooning), and Communication Technology (Vehicle-to-infrastructure (V2I),