+1-888-308-5802     
News Contact Us

Artificial Intelligence (AI) in Automotive Market By Technology (Computer vision, Context awareness, Deep learning, Machine learning, Natural Language Processing) | Growth Dynamics 2019-2025

Author : Ronak Bora | Published Date : 2019-05-03 

The latest Artificial Intelligence (AI) in Automotive Market Research Report 2024 contains complete Industry outlook, market manufacturers and key statistics analysis. The industry sales & Share, trends are all discussed, explained and analyzed. It provides marketing strategy analysis, distributors/traders list, raw materials analysis, import and export analysis, key success factors and supply chain analysis.

Deep learning technology is expected to be the fastest growing segment in the artificial intelligence (AI) in automotive market as it helps in speech recognition, image processing, and data analysis in self-driving vehicles. For instance, Google is investing heavily in autonomous vehicles through the Waymo Project that uses deep learning technology to detect pedestrians in various situations.

Request For Table Of Content @ https://www.gminsights.com/request-toc/upcoming/3199  

Artificial intelligence (AI) in automotive is the application of artificial intelligence in automobiles to enhance the driving experience by advanced driving standards such as Advanced Driver Assistant Systems (ADAS) technology, blind spot alert, and adaptive cruise control. Moreover, AI facilitates various functions in autonomous vehicles such as self-parking, lane assist, and navigation by recognizing objects around vehicles in real-time.

 AI in Automotive Market, By Component, 2014-2025 (USD Million)

  • Hardware
    • Von Neumann architecture
    • Neuromorphic architecture
  • Software
    • Solutions
    • Platforms

AI in Automotive Market, By Technology, 2014-2025 (USD Million)

  • Computer vision
  • Context awareness
  • Deep learning
  • Machine learning
  • Natural Language Processing (NLP)

Blockchain integration is anticipated to proliferate the growth of artificial intelligence (AI) in automotive market as it resists all external & internal cyber-attacks on vehicle systems. The collaboration of entertainment giants such as Netflix and Amazon with manufacturers is expected to drive market growth. This will help OEMs to use a common pool of data shared by all players in the ecosystem to provide user-specific products and services in vehicles.

Artificial intelligence (AI) in automotive market is growing rapidly due to the emerging demand for autonomous vehicles. Autonomous vehicle configured with AI provides enhanced user experience and reduces human intervention. The AI in automotive insurance is fueling the growth of artificial intelligence in automotive market as AI helps in risk assessment in real-time as well as speeds up the process of filing claims when accidents occur.

Make an inquiry before buying this report @ https://www.gminsights.com/inquiry-before-buying/3199  

The automotive human interface is expected to be growing at a fast pace in the artificial intelligence (AI) in automotive market due to its implementation in various products such as gesture recognition system and voice recognition system. Human interface is constantly evolving and bringing disruptive changes, which are growingly adopted by the premium segment car manufacturers.

AI in Automotive Market, By Process, 2014-2025 (USD Million)

  • Data mining
  • Image recognition
  • Signal recognition

AI in Automotive Market, By Application, 2014-2025 (USD Million)

  • Human–Machine Interface (HMI)
  • Semi-autonomous driving
  •  Autonomous vehicle

North America is expected to hold the largest market share in artificial intelligence (AI) in automotive market over the forecast period due to the high level of funding from the government. For instance, in 2016, the U.S. government spent USD 4 billion to accelerate the acceptance of autonomous vehicles on its road. Automakers of this region such as Fiat-Chrysler Automotive, Ford Motor Company, and General Motor Company are upgrading their product portfolios to include advanced features such as auto-pilot, lane assist, self-parking, ADAS, adaptive cruise control, voice recognition system, and gesture recognition system

Browse Full Report Summary @ https://www.gminsights.com/industry-analysis/artificial-intelligence-ai-in-automotive-market

The key market players of artificial intelligence (AI) in automotive market are Alphabet, Inc., Audi AG, BMW AG, Daimler AG, Didi Chuxing, Ford Motor Company, General Motors Company, Harman Industrial Industries, Inc., Honda Motor Co., Ltd., Hyundai Motor Corporation, IBM Corporation, Intel Corporation, Microsoft Corporation, Qualcomm, Inc., Tesla, Inc., Toyota Motor Corporation, Uber Technologies, Inc., Volvo Corporation, and Xilinx, Inc.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

Related News

Antimicrobial Coatings Market Size is driven by strong application trends in healthcare application segment

Published Date: 2019-08-09         Author: Ronak Bora

Global antimicrobial coatings market is segmented into medical & healthcare application, indoor air quality application, food application, antimicrobial textile application, mold remediation application and construction. Medical & healthcare application segment can experience substantial ... Read More

Aromatic Solvents Market Size to witness heavy growth prospects via paints & coatings sectors

Published Date: 2019-08-09         Author: Ronak Bora

Aromatic solvents market finds extensive application in varied sectors such as automotive, oilfield chemical, pharmaceutical, and paints & coatings. Pharmaceutical application will exhibit a CAGR of more than 2% over 2016- 2024, owing to its significant usage in drug formulation. Paints & co... Read More

Synthetic Lubricants Market in Europe Will Touch $1.67 Billion Up To 2023

Published Date: 2019-08-09         Author: Ronak Bora

Europe synthetic lubricants market price is predicted to surpass $1.67 billion by end of 2023 due to presence of key automobile and airplaneproducing firms like Audi, Airbus, Volkswagen, Rolls Royce, Mercedes and BMW. Asia Pacific, led by India and China synthetic lubricants market, is predicted ... Read More

© 2019 Fractovia. All Rights Reserved