Report Detail
Global Artificial Intelligence (AI) in Automotive Market - Segment Analysis, Opportunity Assessment, Competitive Intelligence, Industry Outlook 2016-2026
- RnM3897743 |
- 25 February, 2020 |
- Global |
- 135 Pages |
- AllTheResearch |
- Automotive
The global artificial intelligence (AI) in automotive market was valued at USD 81.6 billion in 2018 and is expected to reach USD 170.6 billion in 2026, growing at a CAGR of 28.8% from 2019 to 2026.Artificial Intelligence (AI) is basically an imitation of human intelligence using computer systems. Application of AI in the automotive industry includes the implementation of various processes, such as learning the information and instructions for using the information, reasoning, and self-correction. The growth of the artificial intelligence (AI) in automotive market is primarily driven by the rapid advancement in technological development and utilization of advanced computational systems. Moreover, the growing emphasis on improving convenience and development of self-driving cars is fuelling demand for employing artificial intelligence (AI) in Automotive. Recent years has witnessed a spur of investments in this field which has resulted in the growth of this market. However, the requirement of high investment and concerns regarding data privacy are some of the restraining factors which may hamper the growth of the global artificial intelligence (AI) in automotive market.The hardware offering is poised to dominate the market throughout the forecast periodBased on offering, the artificial intelligence (AI) in automotive market has been segmented into hardware, software and Service. The hardware segment accounted for approximately 52.87% of the share in the global artificial intelligence (AI) in automotive market in 2018. While software offering segment accounted highest CAGR of around 31.46% in the global artificial intelligence (AI) in automotive market during the forecast period owing to demand customized solutions. This advantage is anticipated to propel the demand and sales for consulting solutions across the developed and developing countries in the global market in the near future.Based on function, the machine learning segment is expected to grow at a CAGR of around 28% during the forecast periodBased on function, the market has been segmented into computer vision, machine learning, deep learning, and others. The machine learning segment accounts for the largest share in the market and expected to grow at a CAGR of around 28% during the forecast period. Based on application, the autonomous driving segment is expected to dominate during 2019 to 2026Based on application, the market has been segmented into Human–Machine Interface (HMI), autonomous driving and others. The autonomous driving segment accounts of the largest share in the market and held for more than 32% of the total market in 2018. The major factors that are driving the growth of this segment are the growing number of new players and start-ups which offer cost-efficient solutions. Key players are investing a substantial amount of resources in order to develop modern solutions to cater to customised requirements.Regionally, North America to dominate the artificial intelligence (AI) in automotive market throughout the forecast periodNorth America region accounted for nearly 37.6% share of the global artificial intelligence (AI) in automotive market in 2018 and is expected to dominate the market throughout the forecast period. Asia Pacific region is expected to hold the highest CAGR in the global market during the forecast period owing to rising adoption of deep learning and NLP technologies in finance, agriculture, marketing, and law applications in APAC. Company Profiles and Competitive Intelligence:The major players operating in the global artificial intelligence (AI) in automotive market are Alphabet Inc. (United States), Audi AG (Germany), BMW AG (Germany), Daimler AG (Germany), Didi Chuxing (China), IBM Corporation (United States), Microsoft Corporation (United States), Tesla, Inc. (United States), Uber Technologies, Inc. (United States), and Xilinx, Inc. (United States) among others.
Chapter 1 Executive Summary
- 1.1.Market Summary
- 1.1.1.Global Artificial Intelligence (AI) in Automotive Market, 2016-2026, (USD Million)
- 1.2.Market Snapshot: Global Artificial Intelligence (AI) in Automotive Market
- 1.3.Market Dynamics
- 1.4.Global Artificial Intelligence (AI) in Automotive Market, by Segment, 2018
- 1.4.1.Global Artificial Intelligence (AI) in Automotive Market, by Offering, 2018, (USD Million)
- 1.4.2.Global Artificial Intelligence (AI) in Automotive Market, by Function, 2018, (USD Million)
- 1.4.3.Global Artificial Intelligence (AI) in Automotive Market, by Application, 2018, (USD Million)
- 1.4.4.Global Artificial Intelligence (AI) in Automotive Market, by Region, 2018 (USD Million)
- 1.5.Premium Insights
- 1.5.1.Artificial Intelligence (AI) in Automotive Market In Developed Vs. Developing Economies, 2018 vs 2026
- 1.5.2.Global Artificial Intelligence (AI) in Automotive Market: Regional Life Cycle Analysis
Chapter 2 Market Dynamics
- 2.1.Market Overview
- 2.2.Market Drivers
- 2.2.1.Emphasis on passenger safety & comfort
- 2.2.2.Development of self-driving cars
- 2.3.Market Restraints
- 2.3.1.High maintenance cost
- 2.3.2.Lack of skilled professionals
- 2.4.Market Opportunities
- 2.4.1.Application of artificial intelligence (AI) in automotive for in-car assistant
- 2.4.2.Improved convenience
- 2.5.Industry Value Chain Analysis
- 2.6.Pricing Analysis
- 2.7.Porter’s Five Forces Analysis
Chapter 3 Global Artificial Intelligence (AI) in Automotive Market, by Offering
- 3.1.Market Overview, by Offering
- 3.1.1.Global Artificial Intelligence (AI) in Automotive Market, by Offering, 2016-2026 (USD Million)
- 3.1.2.Incremental Opportunity, by Offering, 2018
- 3.2.Hardware
- 3.2.1.Global Artificial Intelligence (AI) in Automotive Market, by Hardware, 2016-2026, (USD Million)
- 3.3.Software
- 3.3.1.Global Artificial Intelligence (AI) in Automotive Market, by Software, 2016-2026, (USD Million)
- 3.4.Service
- 3.4.1.Global Artificial Intelligence (AI) in Automotive Market, by Service, 2016-2026, (USD Million)
Chapter 4 Global Artificial Intelligence (AI) in Automotive Market, by Function
- 4.1.Market Overview, by Function
- 4.1.1.Global Artificial Intelligence (AI) in Automotive Market, by Function, 2016-2026 (USD Million)
- 4.1.2.Incremental Opportunity, by Function, 2018
- 4.2.Computer Vision
- 4.2.1.Global Artificial Intelligence (AI) in Automotive Market, by Computer Vision, 2016-2026, (USD Million)
- 4.3.Machine Learning
- 4.3.1.Global Artificial Intelligence (AI) in Automotive Market, by Machine Learning, 2016-2026, (USD Million)
- 4.4.Deep Learning
- 4.4.1.Global Artificial Intelligence (AI) in Automotive Market, by Deep Learning, 2016-2026, (USD Million)
- 4.5.Others
- 4.5.1.Global Artificial Intelligence (AI) in Automotive Market, by Others, 2016-2026, (USD Million)
Chapter 5 Global Artificial Intelligence (AI) in Automotive Market, by Application
- 5.1.Market Overview, by Application
- 5.1.1.Global Artificial Intelligence (AI) in Automotive Market, by Application, 2016-2026 (USD Million)
- 5.1.2.Incremental Opportunity, by Application, 2018
- 5.2.Human–Machine Interface (HMI)
- 5.2.1.Global Artificial Intelligence (AI) in Automotive Market, by Human–Machine Interface (HMI), 2016-2026, (USD Million)
- 5.3.Autonomous Driving
- 5.3.1.Global Artificial Intelligence (AI) in Automotive Market, by Autonomous Driving, 2016-2026, (USD Million)
- 5.4.Others
- 5.4.1.Global Artificial Intelligence (AI) in Automotive Market, by Others, 2016-2026, (USD Million)
Chapter 6 Global Artificial Intelligence (AI) in Automotive Market, by Region
- 6.1.Market Overview, by Region
- 6.1.1.Global Artificial Intelligence (AI) in Automotive Market, by Region, 2016-2026, (USD Million)
- 6.2.Attractive Investment Opportunity, by Region, 2018
- 6.3.North America Artificial Intelligence (AI) in Automotive Market
- 6.3.1.North America Artificial Intelligence (AI) in Automotive Market, by Offering, 2016-2026 (USD Million)
- 6.3.2.North America Artificial Intelligence (AI) in Automotive Market, by Function, 2016-2026 (USD Million)
- 6.3.3.North America Artificial Intelligence (AI) in Automotive Market, by Application, 2016-2026 (USD Million)
- 6.3.4.United States Artificial Intelligence (AI) in Automotive Market, 2016-2026 (USD Million)
- 6.3.5.Canada Artificial Intelligence (AI) in Automotive Market, 2016-2026 (USD Million)
- 6.4.Europe Artificial Intelligence (AI) in Automotive Market
- 6.4.1.Europe Artificial Intelligence (AI) in Automotive Market, by Offering, 2016-2026 (USD Million)
- 6.4.2.Europe Artificial Intelligence (AI) in Automotive Market, by Function, 2016-2026 (USD Million)
- 6.4.3.Europe Artificial Intelligence (AI) in Automotive Market, by Application, 2016-2026 (USD Million)
- 6.4.4.United Kingdom Artificial Intelligence (AI) in Automotive Market, 2016-2026 (USD Million)
- 6.4.5.Germany Artificial Intelligence (AI) in Automotive Market, 2016-2026 (USD Million)
- 6.4.6.France Artificial Intelligence (AI) in Automotive Market, 2016-2026 (USD Million)
- 6.4.7.Rest of Europe Artificial Intelligence (AI) in Automotive Market, 2016-2026 (USD Million)
- 6.5.Asia Pacific Artificial Intelligence (AI) in Automotive Market
- 6.5.1.Asia Pacific Artificial Intelligence (AI) in Automotive Market, by Offering, 2016-2026 (USD Million)
- 6.5.2.Asia Pacific Artificial Intelligence (AI) in Automotive Market, by Function, 2016-2026 (USD Million)
- 6.5.3.Asia Pacific Artificial Intelligence (AI) in Automotive Market, by Application, 2016-2026 (USD Million)
- 6.5.4.China Artificial Intelligence (AI) in Automotive Market, 2016-2026 (USD Million)
- 6.5.5.Japan Artificial Intelligence (AI) in Automotive Market, 2016-2026 (USD Million)
- 6.5.6.India Artificial Intelligence (AI) in Automotive Market, 2016-2026 (USD Million)
- 6.5.7.Rest of Asia Pacific Artificial Intelligence (AI) in Automotive Market, 2016-2026 (USD Million)
- 6.6.Latin America Artificial Intelligence (AI) in Automotive Market
- 6.6.1.Latin America Artificial Intelligence (AI) in Automotive Market, by Offering, 2016-2026 (USD Million)
- 6.6.2.Latin America Artificial Intelligence (AI) in Automotive Market, by Function, 2016-2026 (USD Million)
- 6.6.3.Latin America Artificial Intelligence (AI) in Automotive Market, by Application, 2016-2026 (USD Million)
- 6.6.4.Brazil Artificial Intelligence (AI) in Automotive Market, 2016-2026 (USD Million)
- 6.6.5.Mexico Artificial Intelligence (AI) in Automotive Market, 2016-2026 (USD Million)
- 6.6.6.Rest of Latin America Artificial Intelligence (AI) in Automotive Market, 2016-2026 (USD Million)
- 6.7.Middle East & Africa Artificial Intelligence (AI) in Automotive Market
- 6.7.1.Middle East & Africa Artificial Intelligence (AI) in Automotive Market, by Offering, 2016-2026 (USD Million)
- 6.7.2.Middle East & Africa Artificial Intelligence (AI) in Automotive Market, by Function, 2016-2026 (USD Million)
- 6.7.3.Middle East & Africa Artificial Intelligence (AI) in Automotive Market, by Application, 2016-2026 (USD Million)
- 6.7.4.GCC Artificial Intelligence (AI) in Automotive Market, 2016-2026 (USD Million)
- 6.7.5.Rest of Middle East & Africa Artificial Intelligence (AI) in Automotive Market, 2016-2026 (USD Million)
Chapter 7 Competitive Intelligence
- 7.1.Top 5 Players Comparison
- 7.2.Market Positioning of Key Players, 2018
- 7.3.Market Players Mapping
- 7.3.1.By Offering
- 7.3.2.By Function
- 7.3.3.By Application
- 7.3.4.By Region
- 7.4.Strategies Adopted by Key Market Players
- 7.5.Recent Developments in the Market
- 7.5.1.Mergers & Acquisitions, Partnership, New Product Developments
Chapter 8 Company Profiles
- 8.1.Alphabet Inc.
- 8.1.1.Alphabet Inc. Overview
- 8.1.2.Alphabet Inc. Products Portfolio
- 8.1.3.Alphabet Inc. Financial Overview
- 8.1.4.Alphabet Inc. News/Recent Developments
- 8.2.Audi AG
- 8.2.1.Audi AG Overview
- 8.2.2.Audi AG Products Portfolio
- 8.2.3.Audi AG Financial Overview
- 8.2.4.Audi AG News/Recent Developments
- 8.3.BMW AG
- 8.3.1.BMW AG Overview
- 8.3.2.BMW AG Products Portfolio
- 8.3.3.BMW AG Financial Overview
- 8.3.4.BMW AG News/Recent Developments
- 8.4.Daimler AG
- 8.4.1.Daimler AG Overview
- 8.4.2.Daimler AG Products Portfolio
- 8.4.3.Daimler AG Financial Overview
- 8.4.4.Daimler AG News/Recent Developments
- 8.5.Didi Chuxing
- 8.5.1.Didi Chuxing Overview
- 8.5.2.Didi Chuxing Products Portfolio
- 8.5.3.Didi Chuxing Financial Overview
- 8.5.4.Didi Chuxing News/Recent Developments
- 8.6.IBM Corporation
- 8.6.1.IBM Corporation Overview
- 8.6.2.IBM Corporation Products Portfolio
- 8.6.3.IBM Corporation Financial Overview
- 8.6.4.IBM Corporation News/Recent Developments
- 8.7.Microsoft Corporation
- 8.7.1.Microsoft Corporation Overview
- 8.7.2.Microsoft Corporation Products Portfolio
- 8.7.3.Microsoft Corporation Financial Overview
- 8.7.4.Microsoft Corporation News/Recent Developments
- 8.8.Tesla, Inc.
- 8.8.1.Tesla, Inc. Overview
- 8.8.2.Tesla, Inc. Products Portfolio
- 8.8.3.Tesla, Inc. Financial Overview
- 8.8.4.Tesla, Inc. News/Recent Developments
- 8.9.Uber Technologies, Inc.
- 8.9.1.Uber Technologies, Inc. Overview
- 8.9.2.Uber Technologies, Inc. Products Portfolio
- 8.9.3.Uber Technologies, Inc. Financial Overview
- 8.9.4.Uber Technologies, Inc. News/Recent Developments
- 8.10.Xilinx, Inc.
- 8.10.1.Xilinx, Inc. Overview
- 8.10.2.Xilinx, Inc. Products Portfolio
- 8.10.3.Xilinx, Inc. Financial Overview
- 8.10.4.Xilinx, Inc. News/Recent Developments
Chapter 9 Preface
- 9.1.Data Triangulation
- 9.2.Research Methodology
- 9.2.1.Phase I – Secondary Research
- 9.2.2.Phase II – Primary Research
- 9.2.3.Phase III – Expert Panel Review
- 9.2.4.Approach Adopted
- 9.2.4.1.Top-Down Approach
- 9.2.4.2.Bottom-Up Approach
- 9.2.5.Supply- Demand side
Summary:
Get latest Market Research Reports on Artificial Intelligence (AI) in Automotive. Industry analysis & Market Report on Artificial Intelligence (AI) in Automotive is a syndicated market report, published as Global Artificial Intelligence (AI) in Automotive Market - Segment Analysis, Opportunity Assessment, Competitive Intelligence, Industry Outlook 2016-2026. It is complete Research Study and Industry Analysis of Artificial Intelligence (AI) in Automotive market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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