AI in Automotive is the application of artificial intelligence in cars, which enhances the driving experience through advanced driving standards such as advanced driver assistance system (ADAS) technology, blind spot alert and adaptive cruise control.In addition, artificial intelligence promotes various functions of self-driving cars, such as self-parking, lane assistance and navigation, by identifying objects around the vehicle in real time.Self-driving cars equipped with AI can enhance the user experience and reduce human intervention.AI in auto insurance is driving the development of artificial intelligence in the auto market, as it helps assess risk in real time and speeds up the claims process when an accident occurs.Artificial intelligence is rapidly being adopted in the car industry because it can sense the work of its human counterpart and adjust its movements accordingly to avoid injury.
This report contains market size and forecasts of Artificial Intelligence (AI) in Automotive in Global, including the following market information:
Global Artificial Intelligence (AI) in Automotive Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Artificial Intelligence (AI) in Automotive market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Computer Vision Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Artificial Intelligence (AI) in Automotive include Alphabet (Google), IBM, Intel, Samsung, Microsoft, Amazon Web Services, Qualcomm, Micron and Tesla, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Artificial Intelligence (AI) in Automotive companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Artificial Intelligence (AI) in Automotive Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Artificial Intelligence (AI) in Automotive Market Segment Percentages, by Type, 2021 (%)
Computer Vision
Context Awareness
Deep Learning
Machine Learning
Natural Language Processing (NLP)
Global Artificial Intelligence (AI) in Automotive Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Artificial Intelligence (AI) in Automotive Market Segment Percentages, by Application, 2021 (%)
Human–Machine Interface (HMI)
Semi-Autonomous Vehicle
Autonomous Vehicle
Global Artificial Intelligence (AI) in Automotive Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Artificial Intelligence (AI) in Automotive Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Artificial Intelligence (AI) in Automotive revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Artificial Intelligence (AI) in Automotive revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Alphabet (Google)
IBM
Intel
Samsung
Microsoft
Amazon Web Services
Qualcomm
Micron
Tesla
Toyota Motor Corporation
Uber Technologies
Volvo Corporation
Xilinx
SoundHound
Audi
BMW
Daimler
Didi Chuxing
Ford Motor Company
General Motors Company
Harman Industrial Industries
Honda Motor
Hyundai Motor Corporation