Artificial intelligence has been a hot topic in the automotive industry for years, and we have seen rapid advances in things like autonomous driving. Moreover, it identifies the opportunities existing across the various regions to … 24*7 analyst support – Pre and post purchase of the report as well as during the project tenure. The design and deployment of novel technologies including autonomous mobility, vehicle simulations, rapid prototyping, and AI-enabled automotive factories are creating a positive outlook for the autonomous technologies market. Artificial intelligence is based on complex mathematical models that requires large amount of data. Further, the Market insights by in-depth segmentation with industry dynamics. 24*7 sales support – Hassle free delivery of the report and quick response and support by sales team. The worldwide market size for Artificial Intelligence market is estimated to be USD 987.9 million in 2017 and is estimated to grow at a CAGR of 55.9% during the forecast period. An in-depth interpretation of the value chain and the distribution channel is provided in this report by the industry professionals. Explore more at: https://www.vynzresearch.com/automotive-transportation/electric-vehicle-communication-controller-market, Global Electric Vehicle Component Market Analysis and Forecast to 2024. Artificial intelligence (AI) in automotive industry is expected to cause a profound disruption by streamlining production capabilities and augmenting business growth. Automotive Artificial Intelligence Market By Offering (Hardware, Software), Technology (Deep Learning Machine Learning Computer Vision Context Awareness, Natural Language Processing), Process (Signal Recognition ,Image Recognition ,Data Mining), Application (Human–Machine Interface, Semi-Autonomous Driving, Autonomous Vehicle), Industry Trends, Estimation & Forecast, 2017 - 2025 Artificial intelligence surely will bring essentially change the automotive industry, Artificial Intelligence will increase the efficiency, safety, and productivity spell out an eventuality that may totally defy our present perception of how the industry works. Ask for customization: https://www.vynzresearch.com/automotive-transportation/artificial-intelligence-ai-market-for-automotive-and-transportation-industry/customize-report. The recent report on the Artificial Intelligence in Automotive Industry market predicts the industry’s performance for the upcoming years to help stakeholders in making the right decisions that can potentially garner strong returns. Obtaining real knowledge about how cars are used can also optimize dealership offerings According to the market intelligence report titled 'Global Artificial Intelligence Market for Automotive and Transportation Industry – Analysis and Forecast, 2019-2029', the AI market for automotive and transportation industry was valued at $19.17 billion in 2018 and is projected to grow at a CAGR of 13.12% during the forecast period from 2019 to 2029. The report segments the global artificial intelligence (AI) market for automotive and transportation industry on the basis of Offering, Technology, Application, Process and region. | InForGrowth, Bluetooth Beacons Market 2020: Emerging Opportunities, Comprehensive Research on Covid Impact Analysis & Post Opportunities, Competitive Landscape and Potential of Industry, High Education Software Market Solid Analyzed Segmentation, Demand, Recent Share Estimation and Growth Prospects by Regions to 2022, Covid-19 impact analysis & post opportunities, Sustainability trends and environmental concerns, By Offering (Hardware, Software, Service), By Function (Computer Vision, Machine Learning, Deep Learning, Others). Growth in demand for autonomous vehicle in automotive AI industry. Competitive analysis and benchmarking of the industry leaders and their product offerings, Profiles of leading players and innovators, their financial overview and product portfolio, Analysis of key industry trends and recent developments, Value chain analysis and distribution channel analysis with opportunity assessment, By Country – Germany, U.K., France, Spain, and Rest of Europe, By Country – China, Japan, South Korea, and Rest of Asia-Pacific, By Country – Brazil, Argentina, Algeria, South Africa, Saudi Arabia, and Other Countries. The report presented a thorough assessment of the latest industry developments, M&A, recent trends, DROC(Drivers, Restraints, Opportunities, Challenges), PEST Analysis (Political, Economic, Social, Technological), extensive regional analysis, and competitive analysis for the 2020-2026 review period. Of all the technology, deep learning technology attributed for the foremost share in the artificial intelligence market for automotive and transportation industry. The Artificial Intelligence (Ai) In Automotive market size was valued at USD 81.6 Bn in 2018 and is expected to reach USD 170.6 Bn by 2026 and growing at a CAGR of 31.4%. Besides, implementation of some of the government regulations such as Hours of Service Solution (HOS) revisions Compliance, Safety, and Accountability (CSA) and are expected to drive the artificial intelligence market for automotive and transportation industry in the region. The reports developed by VynZ are based on market facts that include comprehensive analysis and quantification of market drivers, industry dynamics, opportunities, challenges, threats, market shares and anticipated new trends & technologies arising across wide range of industries. With the occurrence of high-power batteries in the automotive industry, the demand for fast charging has accelerated rapidly. We identified these gaps and built AllTheResearch to raise the standards of research support. Global Artificial Intelligence (AI) Market for Automotive and Transportation Industry Coverage, Technology Insight and Forecast 2014-2024, Application Insight and Forecast 2014-2024, Artificial Intelligence (AI) Market for Automotive and Transportation Industry by Region, Global Electric Vehicle Communication Controller Market Analysis and Forecast to 2024. Increasing adoption of electric buses in public transportation system, supporting government initiatives and schemes, and growing investment towards charging station infrastructure, propelling the growth of the market. Some of the key players operating in the global electric vehicle component market are Siemens AG, DENSO Corp., LG Chem Ltd., Tesla Inc., Hitachi Ltd., ABB Ltd., Samsung SDI Co. Ltd., BYD Co. Ltd., Robert Bosch GmbH, Contemporary Amperex Technology Co. Ltd., Panasonic Corp., OptimumNano Energy Co. Ltd., Mitsubishi Electric Corp., and LG Innotek Co. Ltd. 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. We claim full customer satisfaction as our core values lie in building long term relationship. In this article, we will look at 5 applications of artificial intelligence that are impacting automakers, vehicle owners, and service providers. Among the vehicle type segment, passenger cars contribute major share to the market. Further, growing demand of premium segment vehicle will act as an opportunity for the global artificial intelligence market for automotive and transportation industry in near future. The global electric vehicle communication controller market is growing at a noteworthy pace, due to the increasing adoption of electric vehicle and several government initiatives taken across the globe. Do you have any specific research requirement? By 2020, industry analysts estimate that over 250 million vehicles will be connected to the Internet. Of all processes, data mining is expected to account for the largest market share in current year and is expected to grow at fastest rate with adoption of autonomous and semi-autonomous vehicle. However, the key manufacturing and service providing companies involved in the Artificial Intelligence (Ai) In Automotive market have planned few effective strategies that would be applied post-pandemic and stabilize the industry in short time. Historical market estimate for the years 2014–2018 and forecast for the years 2019–2024, Insight on current market trends, market dynamics, key opportunities and major challenges in the industry. The global electric vehicle component market was valued at USD 22.5 billion in 2018. The Artificial Intelligence (Ai) In Automotive Market study provides comprehensive information regarding the segmentation & regional analysis of the market, which helps in better understanding for business expansion. © 2020 GlobeNewswire, Inc. All Rights Reserved. It’s time to change how the automotive industry sells products, services, parts, and accessories, including the re-purchasing of new cars based on driver behavior. Manufacturers have much to gain through greater adoption of AI. Artificial Intelligence (AI) Market for Automotive and Transportation Industry, Electric Vehicle Communication Controller Market. Automotive Artificial Intelligence Market Size By Component (Hardware, Software, Services), By Technology (Machine Learning & Deep Learning, Computer Vision, Natural Language Processing), By End-User Industry (Semi-Autonomous, Autonomous, Consumer electronics), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2020-2025 Global Artificial Intelligence (AI) Market for Automotive and Transportation Industry is Set to Reach USD 45.1 billion by 2024, Observing a CAGR of 17.7% during 2019–2024: VynZ Research Geographically, North America, specifically US is the largest artificial intelligence market for automotive and transportation industry with technically advance region and early adopter of AI in numerous sectors. While popular attention is focused on the use of AI in autonomous cars, the industry is also working on AI applications that extend far beyond – engineering, production, supply chain, customer experience, and mobility services among others. Focus on Application, Vehicle Type, Level of Autonomy Type, Patent Analysis, Supply Chain, and Country-Level Analysis – Analysis and Forecast, 2019-2029 This research report is a significant source of insightful statistics & information for all the business strategies. Much like the original auto assembly lines, robotic-assisted assembly lines have helped to streamline efficiency. 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. The report provides the market value for the base year 2018 and a yearly forecast till 2024 in terms of revenue (USD Million). For All Your Research Needs, Reach Out to Us: The Market Feed Inc. AllTheResearch was formed with the aim of making market research a significant tool for managing breakthroughs in the industry. ACEA believes that Artificial Intelligence holds enormous potential for the auto industry; when deployed in production and manufacturing processes, but especially when embedded in automotive technology and products such as motor vehicles. Government support for electric vehicle adoption, increasing need to reduce greenhouse gas emission, and reducing cost of components, propelling the growth of the market. Presenting an overview of AI technology in the automobile industry that emphasises the strategic value of AI for the whole sector. This, as a result, will boost the demand for fast charging type in the passenger vehicle sector. Market Definition: At an estimated value of over 2.49 billion USD in 2019, the global Automotive Artificial Intelligence (AI) market is predicted to thrive at a CAGR of 36.2% and valued at over USD 74.50 billion over the forecast year 2020-2030. Artificial intelligence is one of the new keys to success in the automotive industry — from enabling autonomous vehicles to transforming research, design and manufacturing processes. As a leading market research provider, the firm empowers its global clients with business-critical research solutions. While some clients were unhappy with the inconsistencies and inaccuracies of data, others expressed concerns over the experience in dealing with the research-firm. The product gamut of Artificial Intelligence in Automotive Industry market is fragmented into Deep Learning,Machine Learning,Context Awareness,Computer Vision andNatural Language Processing. artificial intelligence and machine learning to increase value for their customers. Before purchase, the report, speak with an analyst to clear your doubts, queries & questions @ https://www.alltheresearch.com/speak-to-analyst/162. Explore key industry insights in 66 tables and 40 figures from the 194 pages of report, “Global Artificial Intelligence (AI) Market for Automotive and Transportation Industry Analysis and Forecast to 2024 - Industry Insights by Offering (Hardware, Software, and Services), by Technology (Machine Learning, Deep Learning, Computer Vision, Context Awareness, and Natural Language Processing [NLP]), by Application (Autonomous Vehicle, Semi-Autonomous Vehicle, and Human Machine Interface [HMI]), by Process (Data Mining, Image Recognition, and Signal Recognition)”. Pune, India - September 10, 2018 /MarketersMedia/ — Automotive Artificial Intelligence (AI) Market: Executive Summary. Global Amylases Biofuel Enzymes Market: Industry Analysis and forecast 2019 – 2027: By Product Type, Application and Region. Request for Covid impact analysis & post-pandemic opportunities sample copy @ https://www.alltheresearch.com/impactC19-request/162. Emerging truck platooning, which is technology of linking two or more trucks in convoy, using any connectivity technology and automated driving support Offerings is projected to be one of the major opportunities for the market. Syndicated report along with a supplementary report with objective-based study, Get profiled in the reports. The Global Artificial Intelligence (AI) in Automotive Market research report of Services and Software industry offers an in-depth evaluation of each crucial aspect of the worldwide Artificial Intelligence (AI) in Automotive industry that relates to market size, share, revenue, demand, sales volume, and development in the market. One BuiltIn article notes that “these robots are used to automate factory tasks that are tedious, dirty or even dangerous for human workers. This requirement of data can be easily fulfilled by cloud technology in secure and reliable environment at low cost. Artificial Intelligence (Ai) In Automotive market research report provides a brief overview of the industry. Press release - Orion Market Reports - Automotive Artificial Intelligence Market Share, Industry Size, Opportunity, Analysis, Forecast 2019-2025 - published on openPR.com Some of the key players operating in the artificial intelligence market for automotive and transportation industry are Continental AG, Denso Corporation, Nvidia Corporation, Intel Corporation, Harman International, AI Motive, Argo AI, CarVi, Harman International, Valeo, Orbcomm Inc., and Affectiva. Global Automotive Artificial Intelligence Market - 2019-2026 Artificial Intelligence in Automotive Market Size, By Component, By Technology, By Process, By Application Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 - 2026 Global Automotive AI Market Research and Forecast, 2019-2025 The demand is attributed to the high computing power, improved productivity, big data integration, as well as increased customer satisfaction. Unique insights provided by Artificial Intelligence (Ai) In Automotive Market Research Report also includes the following: Request for sample copy of the report with detailed information @ https://www.alltheresearch.com/sample-request/162, Report Scope: The Artificial Intelligence (Ai) In Automotive market study is an effective tool for addressing Research insights relevant for business strategies like: –> New product launch –> New client acquisition –> New opportunity mapping (market level and geography level) –> Competitive benchmarking –> Cost optimization strategies –> Inorganic expansion plans. Access to expert team for free transaction advisory service. NEW YORK, Feb. 11, 2020 (GLOBE NEWSWIRE) -- The global artificial intelligence (AI) market for automotive and transportation industry is expected to grow at a CAGR of 17.7% during the forecast period with its market size predicted to reach USD 45.1 billion by 2024. Global Artificial Intelligence (AI) Market for Automotive and Transportation Industry – Analysis and Forecast (2018-2024) Industry Insights by Offering (Hardware, Software, and Services), by Technology (Machine Learning, Deep Learning, Computer Vision, Context Awareness, and Natural Language Processing [NLP]), by Application (Autonomous Vehicle, Semi-Autonomous Vehicle, and Human … The demand, production, innovations, and delivery and supply of essential components and services has been interrupted due to the pandemic situation created in the minds of customers and also working labor force in the industries. 20% post purchase free customization to meet your requirements. Automotive Artificial Intelligence Market by Component (Hardware, Software, Services), By Technology (Machine Learning, Computer Vision, Natural Language Processing, Context-Aware Computing), By Process (Signal Recognition, Image Recognition, Voice Recognition, Data Mining), By Application (Semi-Autonomous Driving, Human Machine Interface), and Region - Global Forecast to 2027 Artificial intelligence (AI) holds the key to a new future of value for the automotive industry. Among these, deep learning technology attributed for the foremost share in the artificial intelligence market for automotive and transportation industry with major application in transportation management sector. Reasons to Purchase this Report & Why choose AllTheResearch? Estimates for the revenue as well as volume share of each product segment is mentioned. The value of artificial Intelligence in automotive manufacturing and cloud services will exceed $10.73 billion by 2024. Among all the applications, HMI has grown considerably in past 2-3 years and is implemented in several emerging technologies including voice and gesture recognition. Provide research methodology and market size estimation of Automotive Artificial Intelligence market. Artificial Intelligence in the Automotive market is set to grow from its current market was valued at over USD 1 billion in 2019 to USD 12 billion by 2026, according to a new research report by Global Market Insights, Inc.. COVID-19 Impact Analysis & Post opportunities: The introduction of COVID-19 pandemic has considerably impacted the Artificial Intelligence (Ai) In Automotive market. Though robots h… The 'Artificial Intelligence in Automotive Industry market' research report added by Market Study Report, LLC, is an in-depth analysis of the latest trends persuading the business outlook. For instance, a company called Rethink Roboticsis dedicated to partnering robotics, AI, and deep learning technology with the assembly line workers who help to manufacture cars. Key players such as Microsoft Corporation, IBM Corporation, and Amazon are focusing on integrat… Consult at the price of syndicate. Artificial Intelligence for Automotive Market by Product Type (Passenger Cars, Commercial Vehicles, Type Iii), by Application (Powertrain And Engine Control Application, Chassis Control Application, Other) - Overall In-depth Analysis, Global Market Share, Top Trends, Professional & Technical Industry … ) market for Automotive and Transportation industry report provides a brief overview of the industry IL 60617 inconsistencies and of... 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2020 market estimation for artificial intelligence in automotive industry