Automotive Artificial Intelligence Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview: The global automotive artificial intelligence market size reached US$ 3.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 17.6 Billion by 2028, exh... もっと見る
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SummaryMarket Overview:The global automotive artificial intelligence market size reached US$ 3.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 17.6 Billion by 2028, exhibiting a growth rate (CAGR) of 31.91% during 2023-2028. Artificial intelligence (AI) is one of the most progressive technologies of computer science concerned with building smart machines capable of performing tasks that are usually done by humans. It is associated with human intelligence through similar characteristics, such as reasoning, language understanding, problem-solving and learning. It is widely used in autonomous and semi-autonomous vehicles to analyze road conditions, predict malfunctions, control smart devices, provide driver assistance functions, schedule maintenance programs, and collect data on events, including accidents, speeding, and traffic violations. This, in turn, assists in enhancing workflow, user experience, privacy, and data security, enabling faster innovation cycles, and ensuring a safe driving experience. Automotive Artificial Intelligence Market Trends: The increasing demand for autonomous vehicles across the globe is one of the key factors driving the growth of the market. Autonomous vehicles are widely adopted due to their features, such as self-driving, autopilot and automatic parking that minimize human effort during driving. In line with this, automotive AI aids in predicting the movements of objects in the vicinity of the vehicle, lane driving, self-parking, auto changing lanes, thus enhancing driver comfort and reducing accidents, which, in turn, is favoring the market growth. Moreover, various technological innovations, such as the driver monitoring system, that utilizes a driver-facing hi-tech camera on the dashboard to track drivers eye movements for alerting drivers from distraction and drowsiness to avoid fatal road accidents, are providing a thrust to the market growth. Additionally, the introduction of vehicle tracking software that is set to provide a live update of a vehicle on different locations efficiently and effectively is positively impacting the market growth. Other factors, including the increasing demand for premium vehicles and the implementation of various government initiatives to create awareness and promote road safety, are anticipated to drive the market growth further. Key Market Segmentation: IMARC Group provides an analysis of the key trends in each sub-segment of the global automotive artificial intelligence market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component, technology, process and application. Breakup by Component: Hardware Software Services Breakup by Technology: Machine Learning and Deep Learning Computer Vision Natural Language Processing Breakup by Process: Data Mining Image Recognition Signal Recognition Breakup by Application: Semi-Autonomous Autonomous Breakup by Region: North America United States Canada Asia-Pacific China Japan India South Korea Australia Indonesia Others Europe Germany France United Kingdom Italy Spain Russia Others Latin America Brazil Mexico Others Middle East and Africa Competitive Landscape: The competitive landscape of the industry has also been examined along with the profiles of the key players being Bayerische Motoren Werke AG, Daimler AG, Ford Motor Company, Hyundai Motor Company, Intel Corporation, International Business Machines Corporation, Micron Technology Inc., Microsoft Corporation, NVIDIA Corporation, Qualcomm Incorporated, Tesla Inc., Toyota Motor Corporation and Uber Technologies Inc. Key Questions Answered in This Report 1. How big is the global automotive artificial intelligence market? 2. What is the expected growth rate of the global automotive artificial intelligence market during 2023-2028? 3. What are the key factors driving the global automotive artificial intelligence market? 4. What has been the impact of COVID-19 on the global automotive artificial intelligence market? 5. What is the breakup of the global automotive artificial intelligence market based on the component? 6. What is the breakup of the global automotive artificial intelligence market based on the process? 7. What is the breakup of the global automotive artificial intelligence market based on the application? 8. What are the key regions in the global automotive artificial intelligence market? 9. Who are the key players/companies in the global automotive artificial intelligence market? Table of Contents1 Preface2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 Global Automotive Artificial Intelligence Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Forecast 6 Market Breakup by Component 6.1 Hardware 6.1.1 Market Trends 6.1.2 Market Forecast 6.2 Software 6.2.1 Market Trends 6.2.2 Market Forecast 6.3 Services 6.3.1 Market Trends 6.3.2 Market Forecast 7 Market Breakup by Technology 7.1 Machine Learning and Deep Learning 7.1.1 Market Trends 7.1.2 Market Forecast 7.2 Computer Vision 7.2.1 Market Trends 7.2.2 Market Forecast 7.3 Natural Language Processing 7.3.1 Market Trends 7.3.2 Market Forecast 8 Market Breakup by Process 8.1 Data Mining 8.1.1 Market Trends 8.1.2 Market Forecast 8.2 Image Recognition 8.2.1 Market Trends 8.2.2 Market Forecast 8.3 Signal Recognition 8.3.1 Market Trends 8.3.2 Market Forecast 9 Market Breakup by Application 9.1 Semi-Autonomous 9.1.1 Market Trends 9.1.2 Market Forecast 9.2 Autonomous 9.2.1 Market Trends 9.2.2 Market Forecast 10 Market Breakup by Region 10.1 North America 10.1.1 United States 10.1.1.1 Market Trends 10.1.1.2 Market Forecast 10.1.2 Canada 10.1.2.1 Market Trends 10.1.2.2 Market Forecast 10.2 Asia-Pacific 10.2.1 China 10.2.1.1 Market Trends 10.2.1.2 Market Forecast 10.2.2 Japan 10.2.2.1 Market Trends 10.2.2.2 Market Forecast 10.2.3 India 10.2.3.1 Market Trends 10.2.3.2 Market Forecast 10.2.4 South Korea 10.2.4.1 Market Trends 10.2.4.2 Market Forecast 10.2.5 Australia 10.2.5.1 Market Trends 10.2.5.2 Market Forecast 10.2.6 Indonesia 10.2.6.1 Market Trends 10.2.6.2 Market Forecast 10.2.7 Others 10.2.7.1 Market Trends 10.2.7.2 Market Forecast 10.3 Europe 10.3.1 Germany 10.3.1.1 Market Trends 10.3.1.2 Market Forecast 10.3.2 France 10.3.2.1 Market Trends 10.3.2.2 Market Forecast 10.3.3 United Kingdom 10.3.3.1 Market Trends 10.3.3.2 Market Forecast 10.3.4 Italy 10.3.4.1 Market Trends 10.3.4.2 Market Forecast 10.3.5 Spain 10.3.5.1 Market Trends 10.3.5.2 Market Forecast 10.3.6 Russia 10.3.6.1 Market Trends 10.3.6.2 Market Forecast 10.3.7 Others 10.3.7.1 Market Trends 10.3.7.2 Market Forecast 10.4 Latin America 10.4.1 Brazil 10.4.1.1 Market Trends 10.4.1.2 Market Forecast 10.4.2 Mexico 10.4.2.1 Market Trends 10.4.2.2 Market Forecast 10.4.3 Others 10.4.3.1 Market Trends 10.4.3.2 Market Forecast 10.5 Middle East and Africa 10.5.1 Market Trends 10.5.2 Market Breakup by Country 10.5.3 Market Forecast 11 SWOT Analysis 11.1 Overview 11.2 Strengths 11.3 Weaknesses 11.4 Opportunities 11.5 Threats 12 Value Chain Analysis 13 Porters Five Forces Analysis 13.1 Overview 13.2 Bargaining Power of Buyers 13.3 Bargaining Power of Suppliers 13.4 Degree of Competition 13.5 Threat of New Entrants 13.6 Threat of Substitutes 14 Price Analysis 15 Competitive Landscape 15.1 Market Structure 15.2 Key Players 15.3 Profiles of Key Players 15.3.1 Bayerische Motoren Werke AG 15.3.1.1 Company Overview 15.3.1.2 Product Portfolio 15.3.1.3 Financials 15.3.1.4 SWOT Analysis 15.3.2 Daimler AG 15.3.2.1 Company Overview 15.3.2.2 Product Portfolio 15.3.2.3 Financials 15.3.2.4 SWOT Analysis 15.3.3 Ford Motor Company 15.3.3.1 Company Overview 15.3.3.2 Product Portfolio 15.3.3.3 Financials 15.3.3.4 SWOT Analysis 15.3.4 Hyundai Motor Company 15.3.4.1 Company Overview 15.3.4.2 Product Portfolio 15.3.4.3 Financials 15.3.4.4 SWOT Analysis 15.3.5 Intel Corporation 15.3.5.1 Company Overview 15.3.5.2 Product Portfolio 15.3.5.3 Financials 15.3.5.4 SWOT Analysis 15.3.6 International Business Machines Corporation 15.3.6.1 Company Overview 15.3.6.2 Product Portfolio 15.3.6.3 Financials 15.3.6.4 SWOT Analysis 15.3.7 Micron Technology Inc. 15.3.7.1 Company Overview 15.3.7.2 Product Portfolio 15.3.7.3 Financials 15.3.7.4 SWOT Analysis 15.3.8 Microsoft Corporation 15.3.8.1 Company Overview 15.3.8.2 Product Portfolio 15.3.8.3 Financials 15.3.8.4 SWOT Analysis 15.3.9 NVIDIA Corporation 15.3.9.1 Company Overview 15.3.9.2 Product Portfolio 15.3.9.3 Financials 15.3.9.4 SWOT Analysis 15.3.10 Qualcomm Incorporated 15.3.10.1 Company Overview 15.3.10.2 Product Portfolio 15.3.10.3 Financials 15.3.10.4 SWOT Analysis 15.3.11 Tesla Inc. 15.3.11.1 Company Overview 15.3.11.2 Product Portfolio 15.3.11.3 Financials 15.3.11.4 SWOT Analysis 15.3.12 Toyota Motor Corporation 15.3.12.1 Company Overview 15.3.12.2 Product Portfolio 15.3.12.3 Financials 15.3.12.4 SWOT Analysis 15.3.13 Uber Technologies Inc. 15.3.13.1 Company Overview 15.3.13.2 Product Portfolio 15.3.13.3 Financials 15.3.13.4 SWOT Analysis List of Figures Figure 1: Global: Automotive Artificial Intelligence Market: Major Drivers and Challenges Figure 2: Global: Automotive Artificial Intelligence Market: Sales Value (in Billion US$), 2017-2022 Figure 3: Global: Automotive Artificial Intelligence Market Forecast: Sales Value (in Billion US$), 2023-2028 Figure 4: Global: Automotive Artificial Intelligence Market: Breakup by Component (in %), 2022 Figure 5: Global: Automotive Artificial Intelligence Market: Breakup by Technology (in %), 2022 Figure 6: Global: Automotive Artificial Intelligence Market: Breakup by Process (in %), 2022 Figure 7: Global: Automotive Artificial Intelligence Market: Breakup by Application (in %), 2022 Figure 8: Global: Automotive Artificial Intelligence Market: Breakup by Region (in %), 2022 Figure 9: Global: Automotive Artificial Intelligence (Hardware) Market: Sales Value (in Million US$), 2017 & 2022 Figure 10: Global: Automotive Artificial Intelligence (Hardware) Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 11: Global: Automotive Artificial Intelligence (Software) Market: Sales Value (in Million US$), 2017 & 2022 Figure 12: Global: Automotive Artificial Intelligence (Software) Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 13: Global: Automotive Artificial Intelligence (Services) Market: Sales Value (in Million US$), 2017 & 2022 Figure 14: Global: Automotive Artificial Intelligence (Services) Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 15: Global: Automotive Artificial Intelligence (Machine Learning and Deep Learning) Market: Sales Value (in Million US$), 2017 & 2022 Figure 16: Global: Automotive Artificial Intelligence (Machine Learning and Deep Learning) Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 17: Global: Automotive Artificial Intelligence (Computer Vision) Market: Sales Value (in Million US$), 2017 & 2022 Figure 18: Global: Automotive Artificial Intelligence (Computer Vision) Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 19: Global: Automotive Artificial Intelligence (Natural Language Processing) Market: Sales Value (in Million US$), 2017 & 2022 Figure 20: Global: Automotive Artificial Intelligence (Natural Language Processing) Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 21: Global: Automotive Artificial Intelligence (Data Mining) Market: Sales Value (in Million US$), 2017 & 2022 Figure 22: Global: Automotive Artificial Intelligence (Data Mining) Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 23: Global: Automotive Artificial Intelligence (Image Recognition) Market: Sales Value (in Million US$), 2017 & 2022 Figure 24: Global: Automotive Artificial Intelligence (Image Recognition) Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 25: Global: Automotive Artificial Intelligence (Signal Recognition) Market: Sales Value (in Million US$), 2017 & 2022 Figure 26: Global: Automotive Artificial Intelligence (Signal Recognition) Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 27: Global: Automotive Artificial Intelligence (Semi-Autonomous) Market: Sales Value (in Million US$), 2017 & 2022 Figure 28: Global: Automotive Artificial Intelligence (Semi-Autonomous) Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 29: Global: Automotive Artificial Intelligence (Autonomous) Market: Sales Value (in Million US$), 2017 & 2022 Figure 30: Global: Automotive Artificial Intelligence (Autonomous) Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 31: North America: Automotive Artificial Intelligence Market: Sales Value (in Million US$), 2017 & 2022 Figure 32: North America: Automotive Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 33: United States: Automotive Artificial Intelligence Market: Sales Value (in Million US$), 2017 & 2022 Figure 34: United States: Automotive Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 35: Canada: Automotive Artificial Intelligence Market: Sales Value (in Million US$), 2017 & 2022 Figure 36: Canada: Automotive Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 37: Asia-Pacific: Automotive Artificial Intelligence Market: Sales Value (in Million US$), 2017 & 2022 Figure 38: Asia-Pacific: Automotive Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 39: China: Automotive Artificial Intelligence Market: Sales Value (in Million US$), 2017 & 2022 Figure 40: China: Automotive Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 41: Japan: Automotive Artificial Intelligence Market: Sales Value (in Million US$), 2017 & 2022 Figure 42: Japan: Automotive Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 43: India: Automotive Artificial Intelligence Market: Sales Value (in Million US$), 2017 & 2022 Figure 44: India: Automotive Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 45: South Korea: Automotive Artificial Intelligence Market: Sales Value (in Million US$), 2017 & 2022 Figure 46: South Korea: Automotive Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 47: Australia: Automotive Artificial Intelligence Market: Sales Value (in Million US$), 2017 & 2022 Figure 48: Australia: Automotive Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 49: Indonesia: Automotive Artificial Intelligence Market: Sales Value (in Million US$), 2017 & 2022 Figure 50: Indonesia: Automotive Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 51: Others: Automotive Artificial Intelligence Market: Sales Value (in Million US$), 2017 & 2022 Figure 52: Others: Automotive Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 53: Europe: Automotive Artificial Intelligence Market: Sales Value (in Million US$), 2017 & 2022 Figure 54: Europe: Automotive Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 55: Germany: Automotive Artificial Intelligence Market: Sales Value (in Million US$), 2017 & 2022 Figure 56: Germany: Automotive Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 57: France: Automotive Artificial Intelligence Market: Sales Value (in Million US$), 2017 & 2022 Figure 58: France: Automotive Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 59: United Kingdom: Automotive Artificial Intelligence Market: Sales Value (in Million US$), 2017 & 2022 Figure 60: United Kingdom: Automotive Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 61: Italy: Automotive Artificial Intelligence Market: Sales Value (in Million US$), 2017 & 2022 Figure 62: Italy: Automotive Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 63: Spain: Automotive Artificial Intelligence Market: Sales Value (in Million US$), 2017 & 2022 Figure 64: Spain: Automotive Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 65: Russia: Automotive Artificial Intelligence Market: Sales Value (in Million US$), 2017 & 2022 Figure 66: Russia: Automotive Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 67: Others: Automotive Artificial Intelligence Market: Sales Value (in Million US$), 2017 & 2022 Figure 68: Others: Automotive Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 69: Latin America: Automotive Artificial Intelligence Market: Sales Value (in Million US$), 2017 & 2022 Figure 70: Latin America: Automotive Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 71: Brazil: Automotive Artificial Intelligence Market: Sales Value (in Million US$), 2017 & 2022 Figure 72: Brazil: Automotive Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 73: Mexico: Automotive Artificial Intelligence Market: Sales Value (in Million US$), 2017 & 2022 Figure 74: Mexico: Automotive Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 75: Others: Automotive Artificial Intelligence Market: Sales Value (in Million US$), 2017 & 2022 Figure 76: Others: Automotive Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 77: Middle East and Africa: Automotive Artificial Intelligence Market: Sales Value (in Million US$), 2017 & 2022 Figure 78: Middle East and Africa: Automotive Artificial Intelligence Market: Breakup by Country (in %), 2022 Figure 79: Middle East and Africa: Automotive Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 80: Global: Automotive Artificial Intelligence Industry: SWOT Analysis Figure 81: Global: Automotive Artificial Intelligence Industry: Value Chain Analysis Figure 82: Global: Automotive Artificial Intelligence Industry: Porter's Five Forces Analysis List of Tables Table 1: Global: Automotive Artificial Intelligence Market: Key Industry Highlights, 2022 and 2028 Table 2: Global: Automotive Artificial Intelligence Market Forecast: Breakup by Component (in Million US$), 2023-2028 Table 3: Global: Automotive Artificial Intelligence Market Forecast: Breakup by Technology (in Million US$), 2023-2028 Table 4: Global: Automotive Artificial Intelligence Market Forecast: Breakup by Process (in Million US$), 2023-2028 Table 5: Global: Automotive Artificial Intelligence Market Forecast: Breakup by Application (in Million US$), 2023-2028 Table 6: Global: Automotive Artificial Intelligence Market Forecast: Breakup by Region (in Million US$), 2023-2028 Table 7: Global: Automotive Artificial Intelligence Market: Competitive Structure Table 8: Global: Automotive Artificial Intelligence Market: Key Players
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