Automotive Industry Today
Global Automotive Artificial Intelligence Market is Expected to Reach $5,265.81 million by 2023
Market Research Report on Global Automotive Artificial Intelligence Market
Published 06 February 2018
Report Sellers has added a new market research report “Automotive Artificial Intelligence - Global Market Outlook (2017-23)” to its offerings.
According to Report, the Global Automotive Artificial Intelligence Market accounted for $563.58 million in 2016 and is expected to reach $5,265.81 million by 2023 growing at a CAGR of 37.6% during the forecast period. The automotive industry has seen the promise of artificial intelligence (AI) technology, and is among the industries at the forefront of using AI to augment human actions and to mimic the actions of humans. The arrival of standards such as the adaptive cruise control (ACC), blind spot alert, and advanced driver assistance systems (ADAS) and rising demand for convenience and safety presents an opportunity for OEMs to build up novel and innovative artificial intelligence systems that would attract customers.
Although 2016 was spoiled by some technological failures in self-driving cars, the year also observed a couple of successful test runs in the US. Uber had ordered Swedish car maker Volvo for a fleet of self-driving cars. While also harnessing the advanced reaction times and pinpoint precision of machine-based systems, both semi-autonomous and the fully autonomous vehicles of the future will depend heavily on AI systems. NVIDIA is collaborating with Toyota to deliver artificial intelligence hardware and software technologies that will improve the capabilities of autonomous driving systems planned for market introduction within the next few years. Mercedes-Benz and NVIDIA have announced a partnership to bring an NVIDIA AI-powered car to market.
North America is expected to command the largest market share in automotive AI market in 2017. The existence of incentives and huge funding from governments plays a key role in the development of this technology. For instance, in 2016, the US government has spent USD 4.00 billion to speed up the acceptance of autonomous vehicles on US roads. The automotive industry in the US is a highly developed industry, with the "big three"-Ford Motor Company, General Motors, and Fiat-Chrysler Automotive constantly improving their product portfolios.
Some of the key players in the market include Alphabet Inc., Audi AG, Tesla, Inc., Qualcomm Inc., Didi Chuxing, Ford Motor Company, General Motors Company, Harman International Industries, Inc., Honda Motor Co. Ltd., Hyundai Motor Company, Intel Corporation, International Business Machines Corporation, Microsoft Corporation, Toyota Motor Corporation and Uber Technologies, Inc.
Browse through the complete description and in-depth TOC on “Global Automotive Artificial Intelligence Market”
https://www.reportsellers.com/market-research-report/Automotive-Artificial-Intelligence---Global-Market-Outlook-2017-2023
What does the Report Offers
Report Scope
Global Automotive Artificial Intelligence Market has been segmented by offering covered, processes covered, applications covered, technologies covered and regions covered
Offering Covered:
Software
Hardware
Processes Covered:
Data Mining
Image Recognition
Signal Recognition
Applications Covered:
Autonomous Vehicle
Semi-Autonomous Driving
Human Machine Interface
Technologies Covered:
Natural Language Processing
Context Awareness
Computer Vision
Machine Learning
Deep Learning
Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
Request sample here https://www.reportsellers.com/market-research-report/Automotive-Artificial-Intelligence---Global-Market-Outlook-2017-2023
We have a large number of reports in Manufacturing & Construction Industry which can be accessed in the following link: https://www.reportsellers.com/category/automotive-transportation-market-research-report
About Report Sellers
Report Sellers is a premium market research service provider offering market reports in varied sectors. We have a team of experienced analysts and publishers who continuously track the latest trends in different industries. Report Sellers is a brand of global repute and offers the best suited research services to its clients globally in the most satisfying manner. We have a strong network of industry experts who have successfully delivered complex research assignments in niche and top markets.
According to Report, the Global Automotive Artificial Intelligence Market accounted for $563.58 million in 2016 and is expected to reach $5,265.81 million by 2023 growing at a CAGR of 37.6% during the forecast period. The automotive industry has seen the promise of artificial intelligence (AI) technology, and is among the industries at the forefront of using AI to augment human actions and to mimic the actions of humans. The arrival of standards such as the adaptive cruise control (ACC), blind spot alert, and advanced driver assistance systems (ADAS) and rising demand for convenience and safety presents an opportunity for OEMs to build up novel and innovative artificial intelligence systems that would attract customers.
Although 2016 was spoiled by some technological failures in self-driving cars, the year also observed a couple of successful test runs in the US. Uber had ordered Swedish car maker Volvo for a fleet of self-driving cars. While also harnessing the advanced reaction times and pinpoint precision of machine-based systems, both semi-autonomous and the fully autonomous vehicles of the future will depend heavily on AI systems. NVIDIA is collaborating with Toyota to deliver artificial intelligence hardware and software technologies that will improve the capabilities of autonomous driving systems planned for market introduction within the next few years. Mercedes-Benz and NVIDIA have announced a partnership to bring an NVIDIA AI-powered car to market.
North America is expected to command the largest market share in automotive AI market in 2017. The existence of incentives and huge funding from governments plays a key role in the development of this technology. For instance, in 2016, the US government has spent USD 4.00 billion to speed up the acceptance of autonomous vehicles on US roads. The automotive industry in the US is a highly developed industry, with the "big three"-Ford Motor Company, General Motors, and Fiat-Chrysler Automotive constantly improving their product portfolios.
Some of the key players in the market include Alphabet Inc., Audi AG, Tesla, Inc., Qualcomm Inc., Didi Chuxing, Ford Motor Company, General Motors Company, Harman International Industries, Inc., Honda Motor Co. Ltd., Hyundai Motor Company, Intel Corporation, International Business Machines Corporation, Microsoft Corporation, Toyota Motor Corporation and Uber Technologies, Inc.
Browse through the complete description and in-depth TOC on “Global Automotive Artificial Intelligence Market”
https://www.reportsellers.com/market-research-report/Automotive-Artificial-Intelligence---Global-Market-Outlook-2017-2023
What does the Report Offers
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
Report Scope
Global Automotive Artificial Intelligence Market has been segmented by offering covered, processes covered, applications covered, technologies covered and regions covered
Offering Covered:
Software
Hardware
Processes Covered:
Data Mining
Image Recognition
Signal Recognition
Applications Covered:
Autonomous Vehicle
Semi-Autonomous Driving
Human Machine Interface
Technologies Covered:
Natural Language Processing
Context Awareness
Computer Vision
Machine Learning
Deep Learning
Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
Request sample here https://www.reportsellers.com/market-research-report/Automotive-Artificial-Intelligence---Global-Market-Outlook-2017-2023
We have a large number of reports in Manufacturing & Construction Industry which can be accessed in the following link: https://www.reportsellers.com/category/automotive-transportation-market-research-report
About Report Sellers
Report Sellers is a premium market research service provider offering market reports in varied sectors. We have a team of experienced analysts and publishers who continuously track the latest trends in different industries. Report Sellers is a brand of global repute and offers the best suited research services to its clients globally in the most satisfying manner. We have a strong network of industry experts who have successfully delivered complex research assignments in niche and top markets.
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