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)”. We claim full customer satisfaction as our core values lie in building long term relationship. 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%. Among the vehicle type segment, passenger cars contribute major share to the market. 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. Do you have any specific research requirement? Artificial Intelligence (AI) Market for Automotive and Transportation Industry, Electric Vehicle Communication Controller Market. An in-depth interpretation of the value chain and the distribution channel is provided in this report by the industry professionals. Focus on Application, Vehicle Type, Level of Autonomy Type, Patent Analysis, Supply Chain, and Country-Level Analysis – Analysis and Forecast, 2019-2029 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. High level of data security and confidentiality of your information. Among all the offering, software and service segment together captures higher market share in 2018. | 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). Of all the technology, deep learning technology attributed for the foremost share in the artificial intelligence market for automotive and transportation industry. Artificial Intelligence in Automotive Market Trends 2020, Share Analysis, Growth Factors, Industry Consumption and Global Forecast 2025 Market Study Report Date: 2020-11-13 Technology Product ID: 3008738 Artificial intelligence has been a hot topic in the automotive industry for years, and we have seen rapid advances in things like autonomous driving. Explore more at: https://www.vynzresearch.com/automotive-transportation/electric-bus-charging-station-market. Presenting an overview of AI technology in the automobile industry that emphasises the strategic value of AI for the whole sector. 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. With the occurrence of high-power batteries in the automotive industry, the demand for fast charging has accelerated rapidly. 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. 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. One BuiltIn article notes that “these robots are used to automate factory tasks that are tedious, dirty or even dangerous for human workers. 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 Chicago IL 60617. 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. Global Amylases Biofuel Enzymes Market: Industry Analysis and forecast 2019 – 2027: By Product Type, Application and Region. 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 … 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. 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. 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. Artificial Intelligence (Ai) In Automotive market research report provides a brief overview of the industry. Manufacturers have much to gain through greater adoption of AI. For All Your Research Needs, Reach Out to Us: The Market Feed Inc. 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. Critically analysed research on “Quadrant Positioning” of your company. 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. The Artificial Intelligence for Automotive market report accounts pivotal information pertaining to the growth drivers and restraints that will define the industry growth in the upcoming years. 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. 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.. 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 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. 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. 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. artificial intelligence and machine learning to increase value for their customers. However, data mining and machine learning are other two significant technologies growing rapidly and is expected to dominate the artificial intelligence market for automotive and transportation industry in years to come. The value of artificial Intelligence in automotive manufacturing and cloud services will exceed $10.73 billion by 2024. Much like the original auto assembly lines, robotic-assisted assembly lines have helped to streamline efficiency. Global automotive artificial intelligence market is prognosticated to attain $8,887.6 million at a CAGR of 45% highlighting rise in demand for the premium vehicles segment. Artificial Intelligence (AI) as a Service Market Size Estimation, Industry Demand, Growth Trend, Chain Structure, Supply and Demand Forecast (2020-2027) Post … 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 Access to expert team for free transaction advisory service. Government support for electric vehicle adoption, increasing need to reduce greenhouse gas emission, and reducing cost of components, propelling the growth of the market. Toll Free (U.S. and Canada): +1-888-253-3960, Connect with Us: LinkedIn | Facebook | Twitter. 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 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. 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. Obtaining real knowledge about how cars are used can also optimize dealership offerings This, as a result, will boost the demand for fast charging type in the passenger vehicle sector. 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 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. Artificial intelligence (AI) in automotive industry is expected to cause a profound disruption by streamlining production capabilities and augmenting business growth. The report provides the market value for the base year 2018 and a yearly forecast till 2024 in terms of revenue (USD Million). Artificial intelligence (AI) holds the key to a new future of value for the automotive industry. In this article, we will look at 5 applications of artificial intelligence that are impacting automakers, vehicle owners, and service providers. 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. 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 Expanding your visibility across our network of readers and viewers, We provide local market data in local language on request, Flat consulting fee based exclusive studies. 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). As a leading market research provider, the firm empowers its global clients with business-critical research solutions. 24*7 analyst support – Pre and post purchase of the report as well as during the project tenure. VynZ Research assists enterprises to take strategic decisions for helping their businesses to grow. 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, Industrial Real Estate Market Outlook: Business Growth, Recent Trends, Top Key Players Analysis, Opportunities After Pandemic and Forecast to 2026, Global Virtual Payment Terminal Market 2020 | Know the Companies List Could Potentially Benefit or Loose out From the Impact of COVID-19 | Top Companies: Cisco Systems, Fujian Newland Payment Technology, Ingenico Group, NCR Corporation, NEC Corporation, etc. Before purchase, the report, speak with an analyst to clear your doubts, queries & questions @ https://www.alltheresearch.com/speak-to-analyst/162. Estimates for the revenue as well as volume share of each product segment is mentioned. 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. 20% post purchase free customization to meet your requirements. With artificial intelligence (AI), an increasingly common technological platform, the automotive industry is destined to experience significant changes in the coming years in terms of solutions and supply chain management . Global Artificial Intelligence Market for Automotive and Transportation Industry Anticipated to Reach $69.05 Billion by 2029 PR Newswire FREMONT, California, Jan. 30, … Market segmentation based on product types, application, Major key players & region as per below: If you require customization on the above segmentation, please request here @ https://www.alltheresearch.com/customization/162. The global electric bus charging station market is projected to reach USD 11.4 billion by 2024, registering a CAGR of 9.5% during the forecast period. 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. VynZ Research is a market research firm offering research, analytics, and consulting services on business strategies. Also, same-data-for-all-business roles was making research redundant. By 2020, industry analysts estimate that over 250 million vehicles will be connected to the Internet. 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. we have covered all this information in our research study. Ask for customization: https://www.vynzresearch.com/automotive-transportation/artificial-intelligence-ai-market-for-automotive-and-transportation-industry/customize-report. Internet of Things. 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. 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. The demand is attributed to the high computing power, improved productivity, big data integration, as well as increased customer satisfaction. Explore more at: https://www.vynzresearch.com/automotive-transportation/electric-vehicle-communication-controller-market, Global Electric Vehicle Component Market Analysis and Forecast to 2024. Global Artificial Intelligence for Automotive Applications market size will reach million US$ by 2025, from million US$ in 2017, at a CAGR of during the forecast period. Artificial Intelligence (Ai) In Automotive market research report provides a brief overview of the industry. In this study, 2017 has been considered as the base year and 2018-2025 as the forecast period to estimate the market size for Artificial Intelligence for Automotive Applications. Syndicated report along with a supplementary report with objective-based study, Get profiled in the reports. Further, the 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. We provide accurate data and in-depth analysis with all-inclusive coverage. 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. 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 insights by in-depth segmentation with industry dynamics. 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. This requirement of data can be easily fulfilled by cloud technology in secure and reliable environment at low cost. Key players such as Microsoft Corporation, IBM Corporation, and Amazon are focusing on integrat… 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. © 2020 GlobeNewswire, Inc. All Rights Reserved. Reasons to Purchase this Report & Why choose AllTheResearch? The product gamut of Artificial Intelligence in Automotive Industry market is fragmented into Deep Learning,Machine Learning,Context Awareness,Computer Vision andNatural Language Processing. 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. This research report is a significant source of insightful statistics & information for all the business strategies. Artificial intelligence is based on complex mathematical models that requires large amount of data. While some clients were unhappy with the inconsistencies and inaccuracies of data, others expressed concerns over the experience in dealing with the research-firm. Consult at the price of syndicate. Social Media Suites Solution Market Size, Revenue, Production, CAGR, Consumption, Gross Margin, Price By 2025- Key Players: Hootsuite, Zoho, Sprout, AgoraPulse, Sendible, Falcon.io, Socialbakers, Buffer, Searchmetrics, Salesforce, Artificial Intelligence (Ai) In Automotive market, https://www.alltheresearch.com/sample-request/162, https://www.alltheresearch.com/customization/162, https://www.alltheresearch.com/speak-to-analyst/162, Artificial Intelligence (Ai) In Automotive Industry, Artificial Intelligence (AI) in Automotive Market, Artificial Intelligence (AI) in Automotive Market Analysis, Artificial Intelligence (Ai) In Automotive Market Demand, Artificial Intelligence (Ai) In Automotive Market Size, Covid Impact Analysis on Artificial Intelligence (Ai) In Automotive market, Latest Update 2020: Waste Recovery Recycling Market by COVID19 Impact Analysis And Top Manufacturers: Covanta, Suez, Wheelabrator, Veolia, China Everbright, etc. AllTheResearch was formed with the aim of making market research a significant tool for managing breakthroughs in the industry. 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.