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market estimation for artificial intelligence in automotive industry

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Emerging truck platooning, which is technology of linking two or more trucks in convoy, using any connectivity technology and automated driving support Offerings is projected to be one of the major opportunities for the market. The Artificial Intelligence for Automotive market report accounts pivotal information pertaining to the growth drivers and restraints that will define the industry growth in the upcoming years. Global Artificial Intelligence (AI) Market for Automotive and Transportation Industry – Analysis and Forecast (2018-2024) Industry Insights by Offering (Hardware, Software, and Services), by Technology (Machine Learning, Deep Learning, Computer Vision, Context Awareness, and Natural Language Processing [NLP]), by Application (Autonomous Vehicle, Semi-Autonomous Vehicle, and Human … Some of the key players operating in the artificial intelligence market for automotive and transportation industry are Continental AG, Denso Corporation, Nvidia Corporation, Intel Corporation, Harman International, AI Motive, Argo AI, CarVi, Harman International, Valeo, Orbcomm Inc., and Affectiva. VynZ Research is a market research firm offering research, analytics, and consulting services on business strategies. Manufacturers have much to gain through greater adoption of AI. Provide research methodology and market size estimation of Automotive Artificial Intelligence market. 451 Vesta Drive, Pune, India - September 10, 2018 /MarketersMedia/ — Automotive Artificial Intelligence (AI) Market: Executive Summary. Also, same-data-for-all-business roles was making research redundant. With artificial intelligence (AI), an increasingly common technological platform, the automotive industry is destined to experience significant changes in the coming years in terms of solutions and supply chain management . Global automotive artificial intelligence market is prognosticated to attain $8,887.6 million at a CAGR of 45% highlighting rise in demand for the premium vehicles segment. While some clients were unhappy with the inconsistencies and inaccuracies of data, others expressed concerns over the experience in dealing with the research-firm. Industry Insights by Offering (Hardware, Software, and Services), by Technology (Machine Learning, Deep Learning, Computer Vision, Context Awareness, and Natural Language Processing [NLP]), by Application (Autonomous Vehicle, Semi-Autonomous Vehicle, and Human Machine Interface [HMI]), by Process (Data Mining, Image Recognition, and Signal Recognition). However, the key manufacturing and service providing companies involved in the Artificial Intelligence (Ai) In Automotive market have planned few effective strategies that would be applied post-pandemic and stabilize the industry in short time. Critically analysed research on “Quadrant Positioning” of your company. Global Artificial Intelligence (AI) Market for Automotive and Transportation Industry is Set to Reach USD 45.1 billion by 2024, Observing a CAGR of 17.7% during 2019–2024: VynZ Research The demand is attributed to the high computing power, improved productivity, big data integration, as well as increased customer satisfaction. While popular attention is focused on the use of AI in autonomous cars, the industry is also working on AI applications that extend far beyond – engineering, production, supply chain, customer experience, and mobility services among others. Increasing adoption of electric buses in public transportation system, supporting government initiatives and schemes, and growing investment towards charging station infrastructure, propelling the growth of the market. NEW YORK, Feb. 11, 2020 (GLOBE NEWSWIRE) -- The global artificial intelligence (AI) market for automotive and transportation industry is expected to grow at a CAGR of 17.7% during the forecast period with its market size predicted to reach USD 45.1 billion by 2024. Presenting an overview of AI technology in the automobile industry that emphasises the strategic value of AI for the whole sector. Access to expert team for free transaction advisory service. Toll Free (U.S. and Canada): +1-888-253-3960, Connect with Us: LinkedIn | Facebook | Twitter. Explore more at: https://www.vynzresearch.com/automotive-transportation/electric-vehicle-communication-controller-market, Global Electric Vehicle Component Market Analysis and Forecast to 2024. Estimates for the revenue as well as volume share of each product segment is mentioned. By 2020, industry analysts estimate that over 250 million vehicles will be connected to the Internet. In this article, we will look at 5 applications of artificial intelligence that are impacting automakers, vehicle owners, and service providers. This research report is a significant source of insightful statistics & information for all the business strategies. COVID-19 Impact Analysis & Post opportunities: The introduction of COVID-19 pandemic has considerably impacted the Artificial Intelligence (Ai) In Automotive market. Artificial Intelligence (AI) Market for Automotive and Transportation Industry, Electric Vehicle Communication Controller Market. Ask for customization: https://www.vynzresearch.com/automotive-transportation/artificial-intelligence-ai-market-for-automotive-and-transportation-industry/customize-report. Market Definition: At an estimated value of over 2.49 billion USD in 2019, the global Automotive Artificial Intelligence (AI) market is predicted to thrive at a CAGR of 36.2% and valued at over USD 74.50 billion over the forecast year 2020-2030. Market segmentation based on product types, application, Major key players & region as per below: If you require customization on the above segmentation, please request here @ https://www.alltheresearch.com/customization/162. © 2020 GlobeNewswire, Inc. All Rights Reserved. The product gamut of Artificial Intelligence in Automotive Industry market is fragmented into Deep Learning,Machine Learning,Context Awareness,Computer Vision andNatural Language Processing. ACEA believes that Artificial Intelligence holds enormous potential for the auto industry; when deployed in production and manufacturing processes, but especially when embedded in automotive technology and products such as motor vehicles. Expanding your visibility across our network of readers and viewers, We provide local market data in local language on request, Flat consulting fee based exclusive studies. | InForGrowth, Industrial Real Estate Market Outlook: Business Growth, Recent Trends, Top Key Players Analysis, Opportunities After Pandemic and Forecast to 2026, Global Virtual Payment Terminal Market 2020 | Know the Companies List Could Potentially Benefit or Loose out From the Impact of COVID-19 | Top Companies: Cisco Systems, Fujian Newland Payment Technology, Ingenico Group, NCR Corporation, NEC Corporation, etc. AllTheResearch was formed with the aim of making market research a significant tool for managing breakthroughs in the industry. The Global Artificial Intelligence (AI) in Automotive Market research report of Services and Software industry offers an in-depth evaluation of each crucial aspect of the worldwide Artificial Intelligence (AI) in Automotive industry that relates to market size, share, revenue, demand, sales volume, and development in the market. The recent report on the Artificial Intelligence in Automotive Industry market predicts the industry’s performance for the upcoming years to help stakeholders in making the right decisions that can potentially garner strong returns. Growth in demand for autonomous vehicle in automotive AI industry. Syndicated report along with a supplementary report with objective-based study, Get profiled in the reports. Of all the technology, deep learning technology attributed for the foremost share in the artificial intelligence market for automotive and transportation industry. Explore more at: https://www.vynzresearch.com/automotive-transportation/electric-vehicle-component-market, Global Electric Bus Charging Station Market Analysis and Forecast to 2024. The demand, production, innovations, and delivery and supply of essential components and services has been interrupted due to the pandemic situation created in the minds of customers and also working labor force in the industries. Global Automotive Artificial Intelligence (AI) Market valued approximately USD 641 billion in 2016 is anticipated to reach up to USD 10.8 billion by 2025 grow with a healthy growth rate of more than 39% over the forecast period 2017-2025. The global electric bus charging station market is projected to reach USD 11.4 billion by 2024, registering a CAGR of 9.5% during the forecast period. Among all the offering, software and service segment together captures higher market share in 2018. For All Your Research Needs, Reach Out to Us: The Market Feed Inc. VynZ Research assists enterprises to take strategic decisions for helping their businesses to grow. 24*7 analyst support – Pre and post purchase of the report as well as during the project tenure. High level of data security and confidentiality of your information. The design and deployment of novel technologies including autonomous mobility, vehicle simulations, rapid prototyping, and AI-enabled automotive factories are creating a positive outlook for the autonomous technologies market. Some of the key players operating in the global electric vehicle component market are Siemens AG, DENSO Corp., LG Chem Ltd., Tesla Inc., Hitachi Ltd., ABB Ltd., Samsung SDI Co. Ltd., BYD Co. Ltd., Robert Bosch GmbH, Contemporary Amperex Technology Co. Ltd., Panasonic Corp., OptimumNano Energy Co. Ltd., Mitsubishi Electric Corp., and LG Innotek Co. Ltd. Artificial intelligence is based on complex mathematical models that requires large amount of data. Key players such as Microsoft Corporation, IBM Corporation, and Amazon are focusing on integrat… Explore more at: https://www.vynzresearch.com/automotive-transportation/electric-bus-charging-station-market. artificial intelligence and machine learning to increase value for their customers. Obtaining real knowledge about how cars are used can also optimize dealership offerings Focus on Application, Vehicle Type, Level of Autonomy Type, Patent Analysis, Supply Chain, and Country-Level Analysis – Analysis and Forecast, 2019-2029 On the basis of technology, the market is subdivided into machine learning, deep learning, computer vision, context awareness, and natural language processing. The global electric vehicle component market was valued at USD 22.5 billion in 2018. One BuiltIn article notes that “these robots are used to automate factory tasks that are tedious, dirty or even dangerous for human workers. For instance, a company called Rethink Roboticsis dedicated to partnering robotics, AI, and deep learning technology with the assembly line workers who help to manufacture cars. Global Automotive Artificial Intelligence Market - 2019-2026 Artificial Intelligence in Automotive Market Size, By Component, By Technology, By Process, By Application Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 - 2026 Global Automotive AI Market Research and Forecast, 2019-2025 The report provides the market value for the base year 2018 and a yearly forecast till 2024 in terms of revenue (USD Million). Of all processes, data mining is expected to account for the largest market share in current year and is expected to grow at fastest rate with adoption of autonomous and semi-autonomous vehicle. Market for Automotive and Transportation industry improved productivity, big data integration, well! 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