Automotive Artificial Intelligence (AI) Market: Shaping the Next Generation of Mobility By 2031 | Top Major Companies - Carvi, German Autolabs, Raven, Argo AI, Deepscale, Cisco, Waymo

Global Automotive Artificial Intelligence Market reached US$ 2.1 billion in 2023 and is expected to reach US$ 8.6 billion by 2031, growing with a CAGR of 24.1% during the forecast period 2024-2031.

Automotive Artificial Intelligence Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

Request a Free Sample PDF of This Report (Corporate Email IDs Receive Priority Service): https://datamintelligence.com/download-sample/automotive-artificial-intelligence-market?kb

Automotive Artificial Intelligence (AI) refers to the use of machine learning, deep learning, and other AI technologies in the design, manufacturing, and operation of vehicles. AI is applied in a variety of areas, such as autonomous driving, predictive maintenance, driver assistance systems, in-car voice assistants, and vehicle personalization. AI systems can analyze data from sensors, cameras, and radar to make real-time decisions, improving safety, efficiency, and overall driving experience. In addition, AI helps optimize manufacturing processes and can contribute to the development of smart, connected vehicles.

List of the Key Players in the Automotive Artificial Intelligence Market:

Carvi, German Autolabs, Raven, Argo AI, Deepscale, Cisco, Waymo, Microsoft Azure, Nvidia and Tesla.

Industry Development:

In May 2021, Didi Chuxing entered into a strategic partnership with Volvo Cars to develop autonomous vehicles for Didi's self-driving test fleet. The Volvo Cars' XC90 models, equipped with the autonomous drive-ready technology, will be the first to integrate DiDi Gemini, a new self-driving hardware platform powered by NVIDIA DRIVE AGX Pegasus. These vehicles, fitted with DiDi's Gemini platform, are planned for use in robotaxi services.

In March 2021, BMW unveiled its next-generation infotainment system, iDrive 8, designed to function as a digital, intelligent, and active assistant for drivers. Powered by machine learning, natural language processing, AI cloud, and 5G technology, iDrive 8 made its debut in the BMW iX and i4 models.

In February 2021, Volkswagen and Microsoft joined forces to create software for self-driving cars. The collaboration aims to build a cloud-based platform through Volkswagen's new software division, facilitating faster development processes, smoother integration into its vehicle fleet, and easier deployment of software updates to enhance car features.

Assessing the Effects of U.S. Tariffs on the Market

The U.S. tariff war is reshaping how businesses analyze trends and make strategic decisions. As tariffs drive up costs and disrupt supply chains, companies are increasingly focused on understanding consumer behavior, identifying new sourcing opportunities, and adjusting their operations to remain competitive. The ongoing uncertainty has created a stronger demand for timely insights and data-driven strategies to navigate shifting trade dynamics and economic pressures.

Research Process:

Both primary and secondary data sources have been used in the global Automotive Artificial Intelligence Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Make an Enquiry for purchasing this Report @ https://www.datamintelligence.com/enquiry/automotive-artificial-intelligence-market?kb

Segment Covered in the Automotive Artificial Intelligence Market:

By Technology: Machine Learning & Deep Learning, Computer Vision, Natural Language Processing

By Application; AI Driving Features, AI Cloud Services, AI Automotive Insurance, AI in Car Manufacturing

Regional Analysis for Automotive Artificial Intelligence Market:

The regional analysis of the Automotive Artificial Intelligence Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

Speak to Our Analyst and Get Customization in the report as per your requirements: https://datamintelligence.com/customize/automotive-artificial-intelligence-market?kb

People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Automotive Artificial Intelligence market?

➠ Who are the leading manufacturers in the global Automotive Artificial Intelligence industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Automotive Artificial Intelligence industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Automotive Artificial Intelligence market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

Contact Us -

Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -

DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.