Summary The Automotive Artificial Intelligence Industry is enduring an exacting period with its robust growth coming to an abrupt halt in light of the COVID-19 pandemic. MRFR report on the Automotive Artificial Intelligence Industry highlights the future prediction and the growth alternatives that can be created. Automotive Artificial Intelligence Industry Overview The major players in the automotive industry and various technology giants are collaborating to accelerate the development of automotive AI. Automotive OEMs are progressively investing in automotive artificial intelligence as it enables them to collectively improve their performance through the improvements in processes and progress in new driver/ vehicle features. Get Free Sample @ https://www.marketresearchfuture.com/sample_request/4258 Other factors which are backing the growth of the Automotive Artificial Intelligence Industry include progress in interrelated technologies such as natural language processing (NLP) and machine learning techniques, which allow integration of AI in automobiles. Increased demand for driver and passenger personalization is also a crucial factor. Automotive artificial intelligence allows anomaly and object detection, driverless cars, trucks, gesture recognition, predictive maintenance, on-road customer service, and others.
Competitive Landscape General Motors Company (US), Toyota Motor Corporation (Japan), BMW AG (Germany), Audi AG (Germany), Ford Motor Company (US), Volvo Car Corporation (Sweden), Tesla Inc. (US), Qualcomm Inc. (US), Hyundai Motor Corporation (South Korea), and Uber Technologies Inc. (US) are the key players in the Automotive Artificial Intelligence Industry.
Regional Analysis Region-wise, the Automotive Artificial Intelligence Industry has been segmented into North America, Latin America, the Middle East & Africa (MEA), Europe, and Asia Pacific (APAC). North America is likely to dominate the global Automotive Artificial Intelligence Industry. The clustering of major market leaders in the region is a key factor driving the growth of the North America market. The US has been a frontrunner in the adoption of autonomous vehicles which provides lucrative growth opportunities to the Automotive Artificial Intelligence Industry. Moreover, various technology, as well as automotive giants, are forming partnerships to fuel the development of automotive artificial intelligence, which will boost the market growth over the forecast period. Europe too is a prominent revenue generator in the Automotive Artificial Intelligence Industry. The automotive manufacturers present in the region are actively engaged in the incorporation of advanced technologies in the automotive sector. Substantial investment in AI along with a growing preference for autonomous vehicles, has fostered the market growth. The UK is a key contributor to the Europe market.
Segmentation The Automotive Artificial Intelligence Industry has been segmented based on technology, process, application. By technology, the Automotive Artificial Intelligence Industry has been segmented into machine learning, deep learning, computer vision, context awareness, and natural language processing. By process, the Automotive Artificial Intelligence Industry has been segmented into image recognition, signal recognition, and data mining. By application, the Automotive Artificial Intelligence Industry has been segmented into semi-autonomous driving, human-machine interface, and autonomous driving. Access Full Report @ https://www.marketresearchfuture.com/reports/automotive-artificial-intelligencemarket-4258 About Market Research Future At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), ContinuousFeed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. Contact Market Research Future +1 646 845 9312 Email:
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