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Sep 30, 2020 (AmericaNewsHour) —
Global Automotive Artificial Intelligence (AI) Market valued approximately USD 641 billion in 2016 is anticipated to reach up to USD 10.8 billion by 2025 grow with a healthy growth rate of more than 39% over the forecast period 2017-2025. The market growth is primarily driven by the rising demand for smart vehicle and increasing focus of vehicle manufacturers to enhance user experience. Moreover, automotive manufacturers are heavily investing in smart technologies such as Artificial Intelligence and LiDAR to create product differentiation. Moreover, increasing purchasing power of consumers has created a significant opportunity before the premium car segment, which is expected to fuel numerous opportunities in the market.
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The Asia Pacific AI market is anticipated to be the fastest-growing market, owing to the rapid improvement in Data Storage capacity, high computing power, great output and processing which leads to a good contribution to the growth of artificial intelligence technology in Automotive Industry. Moreover, significant government initiatives to promote manufacturing activities in developing countries such as India and China is fueling huge investments in the market.
This report defines, describe, and forecast the overall market segmented on the basis of components, technologies, end-use industries, and regions. It analyzes the markets with the respect to individual growth trends, prospects, and contributions to the artificial intelligence market, opportunities in the markets through various stakeholders by identifying the high-growth segments of the market. It also analyzes the various strategic development, merger and acquisition, product launches, and main research and development in artificial intelligence market.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Component:
*Hardware
*Software
*Services
By Technology:
*Deep Learning
*Machine Learning
*Natural Language Processing (NPL)
*Market Vision
By Process:
*Signal Recognition
*Image Recognition
*Data Mining
By Application:
*Human-Machine Interface
*Semi-Autonomous Driving
*Autonomous Vehicle
By Regions:
*North America
o U.S.
o Canada
*Europe
o UK
o Germany
*Asia Pacific
o China
o India
o Japan
*Latin America
o Brazil
o Mexico
*Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015
Base year – 2016
Forecast period – 2017 to 2025
Some of the key manufacturers involved in the market are NVIDIA Corporation, Alphabet Inc. Intel Corporation, Microsoft Corporation, International Business Machines Corporation, Harman International Industries, Inc., Xilinx Inc., Qualcomm Inc., Tesla, Inc., Volvo Car Corporation, Audi AG
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Frequent cross industry partnerships are leading to market consolidation.
Target Audience of the Global Automotive Artificial Intelligence in Market Study:
*Key Consulting Companies & Advisors
*Large, medium-sized, and small enterprises
*Venture capitalists
*Value-Added Resellers (VARs)
*Third-party knowledge providers
*Investment bankers
*Investors
Chapter 1. Automotive Artificial Intelligence Market Definition and Scope
1.1. Research Objective
1.2. Market Definition
1.3. Scope of The Study
1.4. Years Considered for The Study
1.5. Currency Conversion Rates
1.6. Report Limitation
Chapter 2. Research Methodology
2.1. Research Process
2.2. Data Mining
2.3. Analysis
2.4. Market estimation
2.5. Validation
2.6. Publishing
2.7. Research Assumption
Chapter 3. Executive Summary
3.1. Automotive Artificial Intelligence Market Analysis Estimates & Forecasts, 2015-2025 (USD Billion)
3.2. Key Trends
Chapter 4. Automotive Artificial Intelligence Market Dynamics
4.1. Growth Prospects
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.2. Industry Analysis
4.2.1. PorteraEURs 5 Force Model
4.2.2. PEST Analysis
4.2.3. Value Chain Analysis
4.3. Analyst Recommendation & Conclusion
Chapter 5. Automotive Artificial Intelligence Market, By Offering
5.1. Market Snapshot
5.2. Market Performance – Potential Model
5.3. Automotive Artificial Intelligence Market, Sub Segment Analysis
5.4. Hardware
5.4.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.4.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.4.1.3. Hardware Sub Segment breakdown estimate & forecast, 2015-2025 (USD Billion)
5.4.1.3.1. Von Neumann Architecture
5.4.1.3.2. Neuromorphic Architecture
5.4.2. Software
5.4.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.4.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.4.2.3. Software Sub-Segment breakdown estimate & forecasts, 2015-2025 (USD Billion)
5.4.2.3.1. Solutions
5.4.2.3.2. Platforms
Chapter 6. Automotive Artificial Intelligence Market, By Technology
6.1. Market Snapshot
6.2. Market Performance – Potential Model
6.3. Automotive Artificial Intelligence Market, Sub Segment Analysis
6.3.1. Deep Learning
6.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
6.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
6.3.2. Machine Learning
6.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
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Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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The post Automotive Artificial Intelligence (AI) Market Analysis & Growth Opportunities appeared first on America News Hour.
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