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 2022-2027
The global Automotive Artificial Intelligence market is expected to be around US$ 24.5 Billion by 2027 at a CAGR of 35% in the given forecast period.
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Major Players
Study period:
Fastest Growing Market:
2022-2027
APAC
Base Year:
Largest Market:
2021
North America
CAGR:
35
REPORT DESCRIPTION
The booming automotive trade is a constant supply of driving demand within the automotive AI market. With the emergence of cloud-hosted intelligence, driver assist options and internet of thing the marketplace for automotive AI is expected to witness vital growth in the near future. Additionally, with major players within the automotive trade heavily finance in development of AI for cars, the trade wide customary like the adaptive controller, advanced driver help systems and blind spot alert would any trigger the expansion within the automotive AI market. Dynamic shopper preference towards convenience and safety provides a chance for original instrumentality makers within the automotive AI market.
Market Insights
The global Automotive Artificial Intelligence market is expected to be around US$ 24.5 Billion by 2027 at a CAGR of 35% in the given forecast period.
The global Automotive Artificial Intelligence market is segregated on the basis of Component as Hardware, Software, and Services. Based on Technology the global Automotive Artificial Intelligence market is segmented in Machine Learning & Deep Learning, Computer Vision, and Natural Language Processing. Based on End-User Industry the global Automotive Artificial Intelligence market is segmented in Semi-Autonomous, Autonomous, and Consumer electronics.
The global Automotive Artificial Intelligence market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Automotive Artificial Intelligence market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Intel Co, IBM, Microsoft Co, BMW, Uber Technologies Inc., Tesla, Inc., Toyota Motor Co, Micron Technology, Inc., NVidia Co, Alphabet Inc., and others are among the major players in the global Automotive Artificial Intelligence market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Automotive Artificial Intelligence Market has been segmented as below:
Automotive Artificial Intelligence Market, By Component
Automotive Artificial Intelligence Market, By TECHNOLOGY
Automotive Artificial Intelligence Market, By End-User Industry
Automotive Artificial Intelligence Market, By Region
Automotive Artificial Intelligence Market, By Company
The report covers:
Report Scope:
The global Automotive Artificial Intelligence market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Automotive Artificial Intelligence market share. Major industry players with significant revenue share include Intel Co, IBM, Microsoft Co, BMW, Uber Technologies Inc., Tesla, Inc., Toyota Motor Co, Micron Technology, Inc., NVidia Co, Alphabet Inc., and others.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach - Segmental Market Analysis
2.5.2 Top-Down Approach - Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
5. Automotive Artificial Intelligence Market, By Component
5.1 Introduction
5.2 Hardware
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Software
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Services
5.4.1 Market Overview
5.4.2 Market Size and Forecast
6. Automotive Artificial Intelligence Market, By TECHNOLOGY
6.1 Introduction
6.2 Machine Learning & Deep Learning
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Computer Vision
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Natural Language Processing
6.4.1 Market Overview
6.4.2 Market Size and Forecast
7. Automotive Artificial Intelligence Market, By End-User Industry
7.1 Introduction
7.2 Semi-Autonomous
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Autonomous
7.3.1 Market Overview
7.3.2 Market Size and Forecast
7.4 Consumer electronics
7.4.1 Market Overview
7.4.2 Market Size and Forecast
8. Automotive Artificial Intelligence Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 North America Automotive Artificial Intelligence, By Component
8.2.2 North America Automotive Artificial Intelligence, By TECHNOLOGY
8.2.3 North America Automotive Artificial Intelligence, By End-User Industry
8.3 Europe
8.3.1 Europe Automotive Artificial Intelligence, By Component
8.3.2 Europe Automotive Artificial Intelligence, By TECHNOLOGY
8.3.3 Europe Automotive Artificial Intelligence, By End-User Industry
8.4 Asia-Pacific
8.4.1 Asia-Pacific Automotive Artificial Intelligence, By Component
8.4.2 Asia-Pacific Automotive Artificial Intelligence, By TECHNOLOGY
8.4.3 Asia-Pacific Automotive Artificial Intelligence, By End-User Industry
8.5 Rest of the World
8.5.1 Rest of the World Automotive Artificial Intelligence, By Component
8.5.2 Rest of the World Automotive Artificial Intelligence, By TECHNOLOGY
8.5.3 Rest of the World Automotive Artificial Intelligence, By End-User Industry
9. Competitive Insights
9.1 Key Insights
9.2 Company Market Share Analysis
9.3 Strategic Outlook
9.3.1 Mergers & Acquisitions
9.3.2 New Product Development
9.3.3 Portfolio/Production Capacity Expansions
9.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
9.3.5 Others
10. Company Profiles
10.1 Intel Co
10.1.1 Company Overview
10.1.2 Product/Service Landscape
10.1.3 Financial Overview
10.1.4 Recent Developments
10.2 IBM
10.2.1 Company Overview
10.2.2 Product/Service Landscape
10.2.3 Financial Overview
10.2.4 Recent Developments
10.3 Microsoft Co
10.3.1 Company Overview
10.3.2 Product/Service Landscape
10.3.3 Financial Overview
10.3.4 Recent Developments
10.4 BMW
10.4.1 Company Overview
10.4.2 Product/Service Landscape
10.4.3 Financial Overview
10.4.4 Recent Developments
10.5 Uber Technologies Inc.
10.5.1 Company Overview
10.5.2 Product/Service Landscape
10.5.3 Financial Overview
10.5.4 Recent Developments
10.6 Tesla, Inc.
10.6.1 Company Overview
10.6.2 Product/Service Landscape
10.6.3 Financial Overview
10.6.4 Recent Developments
10.7 Toyota Motor Co
10.7.1 Company Overview
10.7.2 Product/Service Landscape
10.7.3 Financial Overview
10.7.4 Recent Developments
10.8 Micron Technology, Inc.
10.8.1 Company Overview
10.8.2 Product/Service Landscape
10.8.3 Financial Overview
10.8.4 Recent Developments
10.9 NVidia Co
10.9.1 Company Overview
10.9.2 Product/Service Landscape
10.9.3 Financial Overview
10.9.4 Recent Developments
10.10 Alphabet Inc.
10.10.1 Company Overview
10.10.2 Product/Service Landscape
10.10.3 Financial Overview
10.10.4 Recent Developments
The Automotive Artificial Intelligence Market has been segmented as below:
Automotive Artificial Intelligence Market, By Component
Automotive Artificial Intelligence Market, By TECHNOLOGY
Automotive Artificial Intelligence Market, By End-User Industry
Automotive Artificial Intelligence Market, By Region
Automotive Artificial Intelligence Market, By Company
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