Automotive Artificial Intelligence Market

Automotive Artificial Intelligence (AI) Market by Component (Hardware, Software), Technology (Machine Learning, Computer Vision), Process (Signal Recognition, Image Recognition) and Application (Semi-Autonomous Driving) - Global Forecast to 2027

Report ID: MRICT - 104291
Pages: 181
Apr-2020
Formats*: PDF
Category: Information and Communications Technology
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The global automotive artificial intelligence market is expected to grow at a CAGR of 39.8% from 2019 to reach $15.90 billion by 2027 with Asia Pacific automotive artificial intelligence market expected to grow at the highest CAGR. In modern digital society, artificial intelligence is becoming a dynamic business norm. The adoption of automotive artificial intelligence is routing in a new era allowing the companies to track their operations, augment business strategies, enhance in-car user experience, develop autonomous and semi-autonomous vehicles, and provide a better outcome in the digital world. The growth of the global automotive artificial intelligence market is primarily driven by factors, such as growing demand for autonomous vehicles, adoption of advanced automotive solutions, growing adoption of artificial intelligence for traffic management, government initiatives and investments in connected and autonomous vehicles. However, the lack of infrastructure coupled with the high procurement and operational costs are the major hindrances to market growth.

Growing Demand for Autonomous Vehicles is fueling the growth of the Global Automotive Artificial Intelligence Market

The global market for autonomous vehicles has witnessed remarkable growth in recent years. As the adoption of AI in autonomous vehicles progresses from needing driver assistance to having full autonomy, enhanced user experience and convenience features, driverless cars are becoming a reality. Autonomous vehicles are called self-driven or driverless vehicles that use artificial intelligence (AI) software, light detection & ranging (LiDAR), computer vision, GPS, and RADAR sensing technology and sensors to operate without any human interference. The growing demand and necessity for safe, efficient, and convenient driving experience; increasing government focus on streamlined traffic infrastructure and regulations, rising demand for a reliable transportation system, and availability of advanced technologies relevant for the automotive industry are driving the demand for autonomous and semi-autonomous vehicles, globally. Furthermore, an increase in demand for connected vehicles using the internet of things (IoT), reduction in traffic congestion and increased road safety measures, are contributing to the growth of autonomous vehicles market. In U.K the government has committed an investment of $327.5 million (£250 million) towards R&D and test sites to accelerate development of safe technologies for automotive vehicles for the U.K. market.

Autonomous vehicle provides many features such as adaptive cruise control, automatic emergency braking, automatic parking, lane departure warning systems, and adaptive headlights. With technological enhancements, the number of such features is continuously expanding. Automotive manufacturers are aggressively working towards incorporating advanced technologies in their vehicles for enhancing the user experience.

Automotive Artificial Intelligence Market

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Key Findings in the Global Automotive Artificial Intelligence Market Study:

Computer vision ready to create an impact in the global automotive artificial intelligence market with a high growth rate

Computer Vision is poised to exhibit the fastest growth across the global automotive artificial intelligence market. Several companies across the globe have started to adopt image recognition as one of the artificial intelligence-based solutions in autonomous or semi-autonomous applications which is expected to reshape their business. This is mainly driven by soaring labor cost, widening the implementation scope of computer vision in autonomous vehicles for signal recognition, driver monitoring and increase in automation for carrying out core operations.

Asia Pacific: The Fastest Growing Market

The Asia Pacific region is experiencing significant growth across all fronts including consumer electronics, internet infrastructure, economic growth, and spending capabilities. Owing to the government initiatives, an increase in demand for premium vehicles, rising investments in AI technology for improved productivity, and adoption of AI-based solutions and services among autonomous and semi-autonomous applications will contribute to growth in this region. According to an article published by Forbes, in 2019, the Asia-Pacific spending on artificial intelligence equaled nearly $5.5 billion, up almost 80% from 2018, and expected to reach $15.06 billion by 2022. By the end of 2020, the South Korean government plans to expand the country’s production of automation systems and industrial robotics with investments into significant resources worth $6.15 billion. Several other instances similar to the aforementioned ones are indicating positive growth of the automotive artificial intelligence market in the Asia Pacific region. Furthermore, developing internet and connectivity infrastructure, growing adoption of intelligent based solutions for automating operations and increasing digitalization are also aiding market growth in this region.

Software segment expected to maintain a majority share in terms of components

Gradually decreasing deployment cost of cloud-based software solutions along with a rising need to connect multiple data points for seamless integration of processes will result in software segment emerging as the major shareholder in terms of components. The segment is expected to maintain its market share during the forecast period with advanced technologies emerging in the market and necessity to upgrade systems in order to streamline processes and operations within the automotive industry.

Services to emerge as the fastest growing sub-segment within component

Demand for services related to installation, upgradation and maintenance will constantly rise as more and more automotive organizations look to implement AI solutions for seamless flow of operations and improvements in terms of product quality. This will result in a steady growth rate of services segment which in turn will exceed the CAGR encountered in hardware and software segment.

Scope of the Report:

Automotive AI Market, by Component

Hardware
Software
Services

Automotive AI Market, by Technology

Machine Learning
Computer Vision
Natural Language Processing
Context-Aware Computing

Automotive AI Market, by Process

Signal Recognition
Image Recognition
Voice Recognition
Data Mining

Automotive AI Market, by Application

Semi-Autonomous Driving
Human Machine Interface

Automotive AI Market, by Geography

North America
- U.S.
- Canada
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe (RoE)
Asia-Pacific (APAC)
- Japan
- China
- India
- South Korea
- Australia & New Zealand
- Rest of APAC (RoAPAC)
Latin America
Middle East & Africa

Key questions answered in the report:

What is AI in automotive market?

AI in automotive market includes AI-powered intelligent solutions & services in order to personalize the driving experience, enable voice control systems, and provide enhanced features in connected vehicles and self-driving cars.

What is the market size forecast and CAGR for the period of 2019-2027?

The global AI in automotive market is projected to reach to reach $15,898.3 million by 2027 from $1,089.9million in 2019 at a CAGR of 39.8% during the forecast period.

Which are the largest and fastest-growing component segments of the market?

Based on the components, the software segment is estimated to hold the largest share of the overall AI in automotive market in 2018. However, the services segment is expected to grow with the fastest CAGR during the forecast period.

Which are high growth application segments of the global AI in automotive market?

Based on application, the semi-autonomous driving segment is expected to witness rapid growth during the forecast period.

What are the major drivers of the market?

Growing demand for autonomous vehicles, growing adoption of AI for traffic management, government initiatives towards connected and autonomous vehicles and surging adoption of advanced driver assistance systems are the major factors driving the growth of AI in automotive market.

What are the major restraints of the global AI in automotive market?

High procurement and operating cost, and lack of infrastructure are factors expected to act as restraint for the global AI in automotive market.

What are the major opportunities in the global market?

Growing demand for premium vehicles is a major opportunity for market players.

Who are the major players operating in the global AI in automotive market?

Some of the key players operating in the global AI in automotive market are Google LLC (U.S.), IBM Corporation (U.S.), Intel Corporation (U.S.), Microsoft Corporation (U.S.), Nvidia Corporation (U.S.), Tesla, Inc. (U.S.), Xilinx, Inc. (U.S.), Micron Technology, Inc. (U.S.), Uber Technologies, Inc. (U.S.), Ford Motor Company (U.S.), General Motors Company (U.S.), Harman International Industries Inc. (South Korea), Honda Motor Co., Ltd. (Japan), Audi AG (Germany), and Qualcomm Technologies, Inc. (U.S.).

Which are the high growth countries/regions in the market?

Some of the high growth countries in the global AI in automotive market are US, Germany, China and Japan.

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1. Introduction
1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency and Limitations
1.3.1. Currency
1.3.2. Limitations
1.3.3. Scope of the Report
1.4. Key Stakeholders

2. Research Methodology
2.1. Research Process
2.2. Data Collection & Validation
2.2.1. Secondary Research
2.2.2. Primary Research
2.3. Market Assessment
2.3.1. Market Size Estimation
2.3.1.1. Bottom-Up Approach
2.3.1.2. Top-Down Approach
2.3.1.3. Growth Forecast
2.4. Assumptions for the Study

3. Executive Summary

4. Market insights
4.1. Introduction
4.2. Drivers
4.2.1. Growing Demand for Autonomous Vehicles
4.2.2. Growing Adoption of Artificial Intelligence for Traffic Management
4.2.3. Government initiatives Towards Connected and Autonomous Vehicles
4.2.4. Surging Adoption of Advanced Driver Assistance System (ADAS)
4.3. Restraints
4.3.1. High Procurement & Operating Cost
4.3.2. Lack of infrastructure
4.4. Opportunities
4.4.1. Growing Demand for Premium Vehicles
4.5. Challenges
4.5.1. Concerns Over Data Privacy and Security Breach
4.6. Trends
4.6.1. Growing Prevalence of Smart IOT Technologies
4.6.2. Rising Adoption of 5G Technology
4.7. Key innovations
4.8. Technological Landscape
4.9. Technology Roadmap
4.10. AI Automotive Supply Chain

5. Artificial Intelligence in Automotive Market, by Component
5.1. Introduction
5.2. Software
5.3. Services
5.4. Hardware

6. Artificial Intelligence in Automotive Market, by Technology
6.1. Introduction
6.2. Machine Learning
6.3. Natural Language Processing (NLP)
6.4. Computer Vision
6.5. Context-Aware Computing

7. Artificial Intelligence in Automotive Market, by Application
7.1. Introduction
7.2. Human Machine interface
7.3. Semi-Autonomous Driving

8. Artificial Intelligence in Automotive Market, by Process
8.1. Introduction
8.2. Signal Recognition
8.3. Image Recognition
8.4. Voice Recognition
8.5. Data Mining

9. Artificial Intelligence in Automotive Market, by Geography
9.1. Introduction
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.3. Europe
9.3.1. Germany
9.3.2. U.K.
9.3.3. France
9.3.4. Italy
9.3.5. Spain
9.3.6. Rest of Europe
9.4. Asia Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.4.4. South Korea
9.4.5. Australia & New Zealand
9.4.6. Rest of Asia Pacific
9.5. Latin America
9.6. Middle East & Africa

10. Competitive Landscape
10.1. Introduction
10.2. Key Growth Strategies
10.3. Competitive Benchmarking
10.4. Market Ranking (2018)
10.4.1. IBM Corporation
10.4.2. Waymo Llc (Alphabet Inc.)
10.4.3. Audi AG
10.4.4. Qualcomm Technologies, Inc.
10.4.5. Ford Motor Company

11. Company Profiles
11.1. Waymo Llc (A Part of Alphabet, Inc.)
11.1.1. Business Overview
11.1.2. Financial Overview
11.1.3. Product Portfolio
11.1.4. Strategic Developments
11.2. IBM Corporation
11.2.1. Business Overview
11.2.2. Financial Overview
11.2.3. Product Portfolio
11.2.4. Strategic Developments
11.3. intel Corporation
11.3.1. Business Overview
11.3.2. Financial Overview
11.3.3. Product Portfolio
11.3.4. Strategic Development
11.4. Microsoft Corporation
11.4.1. Business Overview
11.4.2. Financial Overview
11.4.3. Product Portfolio
11.4.4. Strategic Developments
11.5. Nvidia Corporation
11.5.1. Business Overview
11.5.2. Financial Overview
11.5.3. Product Portfolio
11.5.4. Strategic Developments
11.6. Xilinx, Inc.
11.6.1. Business Overview
11.6.2. Financial Overview
11.6.3. Product Portfolio
11.6.4. Strategic Developments
11.7. Micron Technology, Inc.
11.7.1. Business Overview
11.7.2. Financial Overview
11.7.3. Product Portfolio
11.7.4. Strategic Developments
11.8. Tesla, Inc.
11.8.1. Business Overview
11.8.2. Financial Overview
11.8.3. Product Portfolio
11.8.4. Strategic Developments
11.9. Ford Motor Company
11.9.1. Business Overview
11.9.2. Financial Overview
11.9.3. Product Portfolio
11.9.4. Strategic Development
11.10. General Motors Company
11.10.1. Business Overview
11.10.2. Financial Overview
11.10.3. Product Portfolio
11.10.4. Strategic Developments
11.11. Harman international industries, Inc. (Samsung Electronics Co., Ltd.)
11.11.1. Business Overview
11.10.2. Financial Overview
11.11.3. Product Portfolio
11.11.4. Strategic Developments
11.12. Honda Motor Co., Ltd.
11.12.1. Business Overview
11.12.2. Financial Overview
11.12.3. Product Portfolio
11.12.4. Strategic Developments
11.13. Audi AG
11.13.1. Business Overview
11.13.2. Financial Overview
11.13.3. Product Portfolio
11.13.4. Strategic Developments
11.14. Qualcomm Technologies, Inc. (Qualcomm incorporated)
11.14.1. Business Overview
11.14.2. Financial Overview
11.14.3. Product Portfolio
11.14.4. Strategic Developments

12. Appendix
12.1. Questionnaire
12.2. Available Customization

List Of Tables

Table 1 Artificial Intelligence in Automotive Market Size, by Component, 2019-2027 ($Million)
Table 2 Artificial Intelligence Software Market Size for Automotive industry, by Country/Region, 2017-2027 ($Million)
Table 3 Artificial Intelligence Services Market Size for Automotive industry, by Country/Region, 2017-2027 ($Million)
Table 4 Artificial Intelligence Hardware Market Size for Automotive industry, by Country/Region, 2017-2027 ($Million)
Table 5 Artificial Intelligence in Automotive Market Size, by Technology, 2019-2027 ($Million)
Table 6 Machine Learning Technology Market Size, by Country/Region, 2017-2027 ($Million)
Table 7 Natural Language Processing Technology Market Size, by Country/Region, 2017-2027 ($Million)
Table 8 Computer Vision Technology Market Size, by Country/Region, 2017-2027 ($Million)
Table 9 Context-Aware Computing Technology Market Size, by Country/Region, 2017-2027 ($Million)
Table 10 Artificial Intelligence in Automotive Market Size, by Application, 2019-2027 ($Million)
Table 11 Automotive AI Human-Machine interface market Size, by Country/Region, 2017-2027 ($Million)
Table 12 Automotive AI Semi-Autonomous Driving Market Size, by Country/Region, 2017-2027 ($Million)
Table 13 Global Artificial Intelligence in Automotive Market Size, by Process, 2019-2027 ($Million)
Table 14 Global Signal Recognition Process Market Size, by Country/Region, 2017-2027 ($Million)
Table 15 Global Image Recognition Process Market Size, by Country/Region, 2017-2027 ($Million)
Table 16 Global Voice Recognition Process Market Size, by Country/Region, 2017-2027 ($Million)
Table 17 Global Data Mining Process Market Size, by Country/Region, 2017-2027 ($Million)
Table 18 Global Vehicle Sales, by Country/Region, 2017-2019 (Units)
Table 19 Global Artificial Intelligence in Automotive Market, by Country/Region, 2017-2027 ($Million)
Table 20 North America: Artificial Intelligence in Automotive Market Size, by Country/Region, 2017-2027 ($Million)
Table 21 North America: Artificial Intelligence in Automotive Market Size, by Component, 2017-2027 ($Million)
Table 22 North America: Artificial Intelligence in Automotive Market Size, by Technology, 2017-2027 ($Million)
Table 23 North America: Artificial Intelligence in Automotive Market Size, by Process, 2017-2027 ($Million)
Table 24 North America: Artificial Intelligence in Automotive Market Size, by Application, 2017-2027 ($Million)
Table 25 U.S.: Artificial Intelligence in Automotive Market Size, by Component Offering, 2017-2027 ($Million)
Table 26 U.S.: Artificial Intelligence in Automotive in Market Size, by Technology, 2017-2027 ($Million)
Table 27 U.S.: Artificial Intelligence in Automotive Market Size, by Process, 2017-2027 ($Million)
Table 28 U.S.: Artificial Intelligence in Automotive Market Size, by Application, 2017-2027 ($Million)
Table 29 Canada: Artificial Intelligence in Automotive Market Size, by Component Offering, 2017-2027 ($Million)
Table 30 Canada: Artificial Intelligence in Automotive in Market Size, by Technology, 2017-2027 ($Million)
Table 31 Canada: Artificial Intelligence in Automotive Market Size, by Process, 2017-2027 ($Million)
Table 32 Canada: Artificial Intelligence in Automotive Market Size, by Application, 2017-2027 ($Million)
Table 33 Europe: Artificial Intelligence in Automotive Market Size, by Country/Region, 2017-2027 ($Million)
Table 34 Europe: Artificial Intelligence in Automotive Market Size, by Component Offering, 2017-2027 ($Million)
Table 35 Europe: Artificial Intelligence in Automotive in Market Size, by Technology, 2017-2027 ($Million)
Table 36 Europe: Artificial Intelligence in Automotive Market Size, by Process, 2017-2027 ($Million)
Table 37 Europe: Artificial Intelligence in Automotive Market Size, by Application, 2017-2027 ($Million)
Table 38 Germany: Artificial Intelligence in Automotive Market Size, by Component Offering, 2017-2027 ($Million)
Table 39 Germany: Artificial Intelligence in Automotive in Market Size, by Technology, 2017-2027 ($Million)
Table 40 Germany: Artificial Intelligence in Automotive Market Size, by Process, 2017-2027 ($Million)
Table 41 Germany: Artificial Intelligence in Automotive Market Size, by Application, 2017-2027 ($Million)
Table 42 U.K.: Artificial Intelligence in Automotive Market Size, by Component Offering, 2017-2027 ($Million)
Table 43 U.K.: Artificial Intelligence in Automotive in Market Size, by Technology, 2017-2027 ($Million)
Table 44 U.K.: Artificial Intelligence in Automotive Market Size, by Process, 2017-2027 ($Million)
Table 45 U.K.: Artificial Intelligence in Automotive Market Size, by Application, 2017-2027 ($Million)
Table 46 France: Artificial Intelligence in Automotive Market Size, by Component Offering, 2017-2027 ($Million)
Table 47 France: Artificial Intelligence in Automotive in Market Size, by Technology, 2017-2027 ($Million)
Table 48 France: Artificial Intelligence in Automotive Market Size, by Process, 2017-2027 ($Million)
Table 49 France: Artificial Intelligence in Automotive Market Size, by Application, 2017-2027 ($Million)
Table 50 Italy: Artificial Intelligence in Automotive Market Size, by Component Offering, 2017-2027 ($Million)
Table 51 Italy: Artificial Intelligence in Automotive in Market Size, by Technology, 2017-2027 ($Million)
Table 52 Italy: Artificial Intelligence in Automotive Market Size, by Process, 2017-2027 ($Million)
Table 53 Italy: Artificial Intelligence in Automotive Market Size, by Application, 2017-2027 ($Million)
Table 54 Spain: Artificial Intelligence in Automotive Market Size, by Component Offering, 2017-2027 ($Million)
Table 55 Spain: Artificial Intelligence in Automotive in Market Size, by Technology, 2017-2027 ($Million)
Table 56 Spain: Artificial Intelligence in Automotive Market Size, by Process, 2017-2027 ($Million)
Table 57 Spain: Artificial Intelligence in Automotive Market Size, by Application, 2017-2027 ($Million)
Table 58 ROE: Artificial Intelligence in Automotive Market Size, by Component Offering, 2017-2027 ($Million)
Table 59 ROE: Artificial Intelligence in Automotive in Market Size, by Technology, 2017-2027 ($Million)
Table 60 ROE: Artificial Intelligence in Automotive Market Size, by Process, 2017-2027 ($Million)
Table 61 ROE: Artificial Intelligence in Automotive Market Size, by Application, 2017-2027 ($Million)
Table 62 Asia Pacific: Artificial Intelligence in Automotive Market Size, by Country/Region, 2017-2027 ($Million)
Table 63 Asia Pacific: Artificial Intelligence in Automotive Market Size, by Component Offering, 2017-2027 ($Million)
Table 64 Asia Pacific: Artificial Intelligence in Automotive in Market Size, by Technology, 2017-2027 ($Million)
Table 65 Asia Pacific: Artificial Intelligence in Automotive Market Size, by Process, 2017-2027 ($Million)
Table 66 Asia Pacific: Artificial Intelligence in Automotive Market Size, by Application, 2017-2027 ($Million)
Table 67 Japan: Artificial Intelligence in Automotive Market Size, by Component Offering, 2017-2027 ($Million)
Table 68 Japan: Artificial Intelligence in Automotive in Market Size, by Technology, 2017-2027 ($Million)
Table 69 Japan: Artificial Intelligence in Automotive Market Size, by Process, 2017-2027 ($Million)
Table 70 Japan: Artificial Intelligence in Automotive Market Size, by Application, 2017-2027 ($Million)
Table 71 China: Artificial Intelligence in Automotive Market Size, by Component Offering, 2017-2027 ($Million)
Table 72 China: Artificial Intelligence in Automotive in Market Size, by Technology, 2017-2027 ($Million)
Table 73 China: Artificial Intelligence in Automotive Market Size, by Process, 2017-2027 ($Million)
Table 74 China: Artificial Intelligence in Automotive Market Size, by Application, 2017-2027 ($Million)
Table 75 India: Artificial Intelligence in Automotive Market Size, by Component Offering, 2017-2027 ($Million)
Table 76 India: Artificial Intelligence in Automotive in Market Size, by Technology, 2017-2027 ($Million)
Table 77 India: Artificial Intelligence in Automotive Market Size, by Process, 2017-2027 ($Million)
Table 78 India: Artificial Intelligence in Automotive Market Size, by Application, 2017-2027 ($Million)
Table 79 South Korea: Artificial Intelligence in Automotive Market Size, by Component Offering, 2017-2027 ($Million)
Table 80 South Korea: Artificial Intelligence in Automotive in Market Size, by Technology, 2017-2027 ($Million)
Table 81 South Korea: Artificial Intelligence in Automotive Market Size, by Process, 2017-2027 ($Million)
Table 82 South Korea: Artificial Intelligence in Automotive Market Size, by Application, 2017-2027 ($Million)
Table 83 Australia & New Zealand: Artificial Intelligence in Automotive Market Size, by Component Offering, 2017-2027 ($Million)
Table 84 Australia & New Zealand: Artificial Intelligence in Automotive in Market Size, by Technology, 2017-2027 ($Million)
Table 85 Australia & New Zealand: Artificial Intelligence in Automotive Market Size, by Process, 2017-2027 ($Million)
Table 86 Australia & New Zealand: Artificial Intelligence in Automotive Market Size, by Application, 2017-2027 ($Million)
Table 87 Rest of Asia Pacific: Artificial Intelligence in Automotive Market Size, by Component Offering, 2017-2027 ($Million)
Table 88 Rest of Asia Pacific: Artificial Intelligence in Automotive in Market Size, by Technology, 2017-2027 ($Million)
Table 89 Rest of Asia Pacific: Artificial Intelligence in Automotive Market Size, by Process, 2017-2027 ($Million)
Table 90 Rest of Asia Pacific: Artificial Intelligence in Automotive Market Size, by Application, 2017-2027 ($Million)
Table 91 Latin America: Artificial Intelligence in Automotive Market Size, by Component Offering, 2017-2027 ($Million)
Table 92 Latin America: Artificial Intelligence in Automotive in Market Size, by Technology, 2017-2027 ($Million)
Table 93 Latin America: Artificial Intelligence in Automotive Market Size, by Process, 2017-2027 ($Million)
Table 94 Latin America: Artificial Intelligence in Automotive Market Size, by Application, 2017-2027 ($Million)
Table 95 MEA: Artificial Intelligence in Automotive Market Size, by Component Offering, 2017-2027 ($Million)
Table 96 MEA: Artificial Intelligence in Automotive in Market Size, by Technology, 2017-2027 ($Million)
Table 97 MEA: Artificial Intelligence in Automotive Market Size, by Process, 2017-2027 ($Million)
Table 98 MEA: Artificial Intelligence in Automotive Market Size, by Application, 2017-2027 ($Million)
Table 99 Recent Developments, by Company, 2016-2019
Table 100 Market Ranking: Global Artificial Intelligence in Automotive Market, 2018

List of Figures

Figure 1 Research Process
Figure 2 Key Secondary Sources
Figure 3 Primary Research Techniques
Figure 4 Key Executives interviewed
Figure 5 Market Size Estimation
Figure 6 Key insights
Figure 7 Services segment Expected to Dominate the Global Artificial Intelligence in Automotive Market, by Component (2019–2027)
Figure 8 Machine Learning Expected to Dominate the Global Artificial Intelligence in Automotive Market, by Technology (2019–2027)
Figure 9 Signal Recognition Expected to Dominate the Global Artificial Intelligence in Automotive Market, by Process (2019–2027)
Figure 10 Meticulous Research Estimates: Semi-Autonomous Driving Vs. Human Machine interface
Figure 11 Artificial Intelligence in Automotive Market, by Region
Figure 12 Market Dynamics
Figure 13 Key innovations in Automotive industry
Figure 14 Global Artificial Intelligence in Automotive Market Size, by Component, 2019-2027 ($Million)
Figure 15 Automotive AI Software Applications
Figure 16 List of Automotive AI Hardware
Figure 17 Artificial Intelligence in Automotive Market Size, by technology, 2019-2027 ($Million)
Figure 18 Artificial Intelligence in Automotive Market Size, by Application, 2019-2027 ($Million)
Figure 19 AI Technology Benefits in Semi-Autonomous Driving
Figure 20 Global Artificial Intelligence in Automotive Market Size, by Process, 2019-2027 ($Million)
Figure 21 Evolution of AI Implementation in Automotive industry in major Countries
Figure 22 Global Artificial Intelligence in Automotive Market Size, by Geography, 2019-2027 ($Million)
Figure 23 North America: Artificial Intelligence in Automotive Market: Snapshot
Figure 24 Europe: Artificial Intelligence in Automotive Market: Snapshot
Figure 25 Asia-Pacific: Artificial Intelligence in Automotive Market: Snapshot
Figure 26 Key Growth Strategies Adopted by Leading Players, 2016-2019
Figure 27 Artificial Intelligence in Automotive: Competitive Benchmarking
Figure 28 Alphabet Inc.: Financial Overview
Figure 29 IBM Corporation: Financial Overview
Figure 30 Intel Corporation: Financial Overview
Figure 31 Microsoft Corporation: Financial Overview (2016-2018)
Figure 32 Nvidia Corporation: Financial Overview
Figure 33 Xilinx, Inc.: Financial Overview
Figure 34 Micron Technology, Inc.: Financial Overview
Figure 35 Tesla, Inc.: Financial Overview
Figure 36 Ford Motor Company: Financial Overview
Figure 37 General Motors Company: Financial Overview
Figure 38 Samsung Electronics Co., Ltd.: Financial Overview (2017-2019)
Figure 39 Honda Motor Co., Ltd.: Financial Overview
Figure 40 Audi AG: Financial Overview
Figure 41 Qualcomm Incorporated: Financial Overview

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Automotive Artificial Intelligence Market

Automotive Artificial Intelligence (AI) Market by Component (Hardware, Software), Technology (Machine Learning, Computer Vision), Process (Signal Recognition, Image Recognition) and Application (Semi-Autonomous Driving) - Global Forecast to 2027

This report provides pre & post COVID-19 market estimates.

What is AI in automotive market?

What is the market size forecast and CAGR for the period of 2019-2027?

Which are the largest and fastest-growing component segments of the market?

Which are high growth application segments of the global AI in automotive market?

What are the major drivers of the market?

What are the major restraints of the global AI in automotive market?

What are the major opportunities in the global market?

Who are the major players operating in the global AI in automotive market?

Which are the high growth countries/regions in the market?

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