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Automotive Artificial Intelligence Market by Component, Technology, and Application: Global Opportunity Analysis and Industry Forecast, 2020-2030

  • ID: 5206342
  • Report
  • October 2020
  • Region: Global
  • 318 pages
  • Next Move Strategy Consulting

FEATURED COMPANIES

  • Alphabet Inc. (waymo)
  • BMW
  • IBM Corporation
  • Intel Corporation
  • Micron Technology
  • Microsoft Corporation
Market Definition:

The Global Automotive AI Market was valued at USD 2.49 billion in 2019, and is estimated to garner USD 74.5 billion by 2030, at a CAGR of 36.2% during the forecast period, from 2020 to 2030.

Artificial Intelligence (AI) is one of the most advancing technologies in computer science. Fully autonomous and semi-autonomous vehicles use artificial intelligence to perform complex tasks such as face recognition, threat detection, image processing, vehicle localization, and mapping. Machine learning technology enables the vehicle in apprehending data, imitate the human mind, language understanding, problem solving and others. Artificial Intelligence and other technologies such as Advance Driver Assistance System (ADAS), Adaptive Cruise Control (ACC), and Electronic Braking Distribution (EBD) make driving experience better and ensure advanced safety for the driver and passengers.

Market Dynamics and Trends

The growth of the automotive artificial intelligence market is attributed to the rise in the demand for autonomous vehicles and the increase in the preference for improved user convenience and experience. However, security and privacy concerns and rise in cybercrime are impeding the market. On the other hand, surge in the demand for premium vehicles is anticipated to create lucrative opportunities in the market.

Market Segmentations and Scope of the Study:

The global automotive AI market has been segmented based on component, technology, application, and geography. On the basis of component, the market is trifurcated into hardware, software, and service. In terms of technology, the market is categorized as machine learning & deep learning, computer vision, and natural language processing. Based application, the market is bifurcated into semi-autonomous and autonomous. On the basis of region, the market is segregated into North America, Europe, Asia-Pacific, and Rest of World (RoW).

Geographical Analysis

Europe represents for a major share of the market due to the high demand for driver-assistance technologies, especially during heavy traffic scenarios and the presence of key players in the automotive industry investing heavily in AI.

The market in Asia Pacific is expected to grow due to the high demand for consumer electronics, improving internet infrastructure, and growth in economy and disposable income. Moreover, rise in government initiatives, increase in the demand for premium vehicles, growing investments in AI technology, and high adoption of AI solutions and services for autonomous and semi-autonomous applications are propelling the growth of the market in this region.

Competitive Landscape

Key players in the global AUTOMOTIVE AI Market include BMW, IBM Corporation, Intel Corporation, Micron Technology, Microsoft Corporation, NVIDIA Corporation, Otto Motors, Tesla Inc., Toyota, and Waymo.

KEY MARKET SEGMENTS:

Global Automotive AI Market - By Component
  • Hardware
  • Software
  • Service
Global Automotive AI Market - By Technology
  • Machine Learning & Deep Learning
  • Computer Vision
  • Natural Language Processing
Global Automotive AI Market - By Application
  • Semi-autonomous
  • Autonomous
Global Automotive AI Market - By Geography
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • U.K.
  • Germany
  • France
  • Russia
  • Rest of Europe
  • Asia-Pacific
  • Japan
  • China
  • India
  • South Korea
  • Rest of Asia-Pacific
  • RoW
  • Latin America
  • Middle East
  • Africa
KEY PLAYERS:
  • BMW
  • IBM Corporation
  • Intel Corporation
  • Micron Technology
  • Microsoft Corporation
  • NVIDIA Corporation
  • Otto Motors
  • Tesla Inc.
  • Toyota
  • Waymo
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Alphabet Inc. (waymo)
  • BMW
  • IBM Corporation
  • Intel Corporation
  • Micron Technology
  • Microsoft Corporation
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1 Secondary Research
1.2.2 Data Analysis Framework
1.2.3 Market Size Estimation
1.2.4 Forecasting
1.2.5 Primary Research and Data Validation

2. Market Snapshot, 2019-2030 Million Usd
2.1. Market Snapshot

3. Porter's Five Force Model Analysis

4. Market Dynamics
4.1. Growth Drivers
4.1.1 Driver 1
4.1.2 Driver 2
4.1.3 Driver 3
4.1.4 Driver 4
4.2. Challenges
4.2.1 Challenge 1
4.2.2 Challenge 2
4.3. Opportunities
4.3.1 Opportunity 1
4.3.2 Opportunity 2

5. Global Automotive Ai Market, by Component
5.1. Overview
5.2. Hardware
5.2.1 Global Hardware Market, by Component
5.2.1.1 Processor Market, by Region
5.2.1.1.1 North America Processor Market, by Country
5.2.1.1.2 Europe Processor Market, by Country
5.2.1.1.3 Asia-Pacific Processor Market, by Country
5.2.1.1.4 Rest of World Processor Market, by Country
5.2.1.2 Memory Market, by Region
5.2.1.2.1 North America Memory Market, by Country
5.2.1.2.2 Europe Memory Market, by Country
5.2.1.2.3 Asia-Pacific Memory Market, by Country
5.2.1.2.4 Rest of World Memory Market, by Country
5.2.1.3 Network Market, by Region
5.2.1.3.1 North America Network Market, by Country
5.2.1.3.2 Europe Network Market, by Country
5.2.1.3.3 Asia-Pacific Network Market, by Country
5.2.1.3.4 Rest of World Network Market, by Country
5.2.2 Hardware Market, by Region
5.2.2.1 North America Hardware Market, by Country
5.2.2.2 Europe Hardware Market, by Country
5.2.2.3 Asia-Pacific Hardware Market, by Country
5.2.2.4 Rest of World Hardware Market, by Country
5.3. Software
5.3.1 Software Market, by Region
5.3.1.1 North America Software Market, by Country
5.3.1.2 Europe Software Market, by Country
5.3.1.3 Asia-Pacific Software Market, by Country
5.3.1.4 Rest of World Software Market, by Country
5.4. Services
5.4.1 Services Market, by Region
5.4.1.1 North America Services Market, by Country
5.4.1.2 Europe Services Market, by Country
5.4.1.3 Asia-Pacific Services Market, by Country
5.4.1.4 Rest of World Services Market, by Country

6. Global Automotive Ai Market, by Technology
6.1. Overview
6.2. Machine Learning & Deep Learning
6.2.1 Machine Learning & Deep Learning Market, by Region
6.2.1.1 North America Machine Learning & Deep Learning Market, by Country
6.2.1.2 Europe Machine Learning & Deep Learning Market, by Country
6.2.1.3 Asia-Pacific Machine Learning & Deep Learning Market, by Country
6.2.1.4 Rest of World Machine Learning & Deep Learning Market, by Country
6.3. Computer Vision
6.3.1 Computer Vision Market, by Region
6.3.1.1 North America Computer Vision Market, by Country
6.3.1.2 Europe Computer Vision Market, by Country
6.3.1.3 Asia-Pacific Computer Vision Market, by Country
6.3.1.4 Rest of World Computer Vision Market, by Country
6.4. Natural Language Processing
6.4.1 Natural Language Processing Market, by Region
6.4.1.1 North America Natural Language Processing Market, by Country
6.4.1.2 Europe Natural Language Processing Market, by Country
6.4.1.3 Asia-Pacific Natural Language Processing Market, by Country
6.4.1.4 Rest of World Natural Language Processing Market, by Country

7. Global Automotive Ai Market, by Application
7.1. Overview
7.2. Semi-Autonomous
7.2.1 Semi-Autonomous Market, by Region
7.2.1.1 North America Semi-Autonomous Market, by Country
7.2.1.2 Europe Semi-Autonomous Market, by Country
7.2.1.3 Asia-Pacific Semi-Autonomous Market, by Country
7.2.1.4 Rest of World Semi-Autonomous Market, by Country
7.3. Autonomous
7.3.1 Autonomous Market, by Region
7.3.1.1 North America Autonomous Market, by Country
7.3.1.2 Europe Autonomous Market, by Country
7.3.1.3 Asia-Pacific Autonomous Market, by Country
7.3.1.4 Rest of World Autonomous Market, by Country

8. Global Automotive Ai Market, by Region
8.1. Overview
8.2. North America
8.2.1 North America Automotive Ai Market, by Component
8.2.1.1 North America Hardware Market, by Component
8.2.2 North America Automotive Ai Market, by Technology
8.2.3 North America Automotive Ai Market, by Application
8.2.4 North America Automotive Ai , Market by Country
8.2.4.1 U.S
8.2.4.1.1 U.S Automotive Ai Market, by Component
8.2.4.1.1.1. U.S Hardware Market, by Component
8.2.4.1.2 U.S Automotive Ai Market, by Technology
8.2.4.1.3 U.S Automotive Ai Market, by Application
8.2.4.2 Canada
8.2.4.2.1 Canada Automotive Ai Market, by Component
8.2.4.2.1.1. Canada Hardware Market, by Component
8.2.4.2.2 Canada Automotive Ai Market, by Technology
8.2.4.2.3 Canada Automotive Ai Market, by Application
8.2.4.3 Mexico
8.2.4.3.1 Mexico Automotive Ai Market, by Component
8.2.4.3.1.1. Mexico Hardware Market, by Component
8.2.4.3.2 Mexico Automotive Ai Market, by Technology
8.2.4.3.3 Mexico Automotive Ai Market, by Application
8.3. Europe
8.3.1 Europe Automotive Ai Market, by Component
8.3.1.1 Europe Hardware Market, by Component
8.3.2 Europe Automotive Ai Market, by Technology
8.3.3 Europe Automotive Ai Market, by Application
8.3.4 Europe Automotive Ai , Market by Country
8.3.4.1 United Kingdom
8.3.4.1.1 United Kingdom Automotive Ai Market, by Component
8.3.4.1.1.1. United Kingdom Hardware Market, by Component
8.3.4.1.2 United Kingdom Automotive Ai Market, by Technology
8.3.4.1.3 United Kingdom Automotive Ai Market, by Application
8.3.4.2 Germany
8.3.4.2.1 Germany Automotive Ai Market, by Component
8.3.4.2.1.1. Germany Hardware Market, by Component
8.3.4.2.2 Germany Automotive Ai Market, by Technology
8.3.4.2.3 Germany Automotive Ai Market, by Application
8.3.4.3 France
8.3.4.3.1 France Automotive Ai Market, by Component
8.3.4.3.1.1. France Hardware Market, by Component
8.3.4.3.2 France Automotive Ai Market, by Technology
8.3.4.3.3 France Automotive Ai Market, by Application
8.3.4.4 Russia
8.3.4.4.1 Russia Automotive Ai Market, by Component
8.3.4.4.1.1. Russia Hardware Market, by Component
8.3.4.4.2 Russia Automotive Ai Market, by Technology
8.3.4.4.3 Russia Automotive Ai Market, by Application
8.3.4.5 Rest of Europe
8.3.4.5.1 Rest of Europe Automotive Ai Market, by Component
8.3.4.5.1.1. Rest of Europe Hardware Market, by Component
8.3.4.5.2 Rest of Europe Automotive Ai Market, by Technology
8.3.4.5.3 Rest of Europe Automotive Ai Market, by Application
8.4. Asia-Pacific
8.4.1 Asia-Pacific Automotive Ai Market, by Component
8.4.1.1 Asia-Pacific Hardware Market, by Component
8.4.2 Asia-Pacific Automotive Ai Market, by Technology
8.4.3 Asia-Pacific Automotive Ai Market, by Application
8.4.4 Asia-Pacific Automotive Ai , Market by Country
8.4.4.1 China
8.4.4.1.1 China Automotive Ai Market, by Component
8.4.4.1.1.1. China Hardware Market, by Component
8.4.4.1.2 China Automotive Ai Market, by Technology
8.4.4.1.3 China Automotive Ai Market, by Application
8.4.4.2 India
8.4.4.2.1 India Automotive Ai Market, by Component
8.4.4.2.1.1. India Hardware Market, by Component
8.4.4.2.2 India Automotive Ai Market, by Technology
8.4.4.2.3 India Automotive Ai Market, by Application
8.4.4.3 Japan
8.4.4.3.1 Japan Automotive Ai Market, by Component
8.4.4.3.1.1. Japan Hardware Market, by Component
8.4.4.3.2 Japan Automotive Ai Market, by Technology
8.4.4.3.3 Japan Automotive Ai Market, by Application
8.4.4.4 South Korea
8.4.4.4.1 South Korea Automotive Ai Market, by Component
8.4.4.4.1.1. South Korea Hardware Market, by Component
8.4.4.4.2 South Korea Automotive Ai Market, by Technology
8.4.4.4.3 South Korea Automotive Ai Market, by Application
8.4.4.5 Rest of Asia-Pacific
8.4.4.5.1 Rest of Asia-Pacific Automotive Ai Market, by Component
8.4.4.5.1.1. Rest of Asia-Pacific Hardware Market, by Component
8.4.4.5.2 Rest of Asia-Pacific Automotive Ai Market, by Technology
8.4.4.5.3 Rest of Asia-Pacific Automotive Ai Market, by Application
8.5. Rest of World
8.5.1 Rest of World Automotive Ai Market, by Component
8.5.1.1 Rest of World Hardware Market, by Component
8.5.2 Rest of World Automotive Ai Market, by Technology
8.5.3 Rest of World Automotive Ai Market, by Application
8.5.4 Rest of World Automotive Ai , Market by Country
8.5.4.1 Latin America
8.5.4.1.1 Latin America Automotive Ai Market, by Component
8.5.4.1.1.1. Latin America Hardware Market, by Component
8.5.4.1.2 Latin America Automotive Ai Market, by Technology
8.5.4.1.3 Latin America Automotive Ai Market, by Application
8.5.4.2 Africa
8.5.4.2.1 Africa Automotive Ai Market, by Component
8.5.4.2.1.1. Africa Hardware Market, by Component
8.5.4.2.2 Africa Automotive Ai Market, by Technology
8.5.4.2.3 Africa Automotive Ai Market, by Application
8.5.4.3 Middle East
8.5.4.3.1 Middle East Automotive Ai Market, by Component
8.5.4.3.1.1. Middle East Hardware Market, by Component
8.5.4.3.2 Middle East Automotive Ai Market, by Technology
8.5.4.3.3 Middle East Automotive Ai Market, by Application

9. Company Profiles
9.1. Nvidia Corporation
9.1.1 Company Overview
9.1.2 Company Snapshot
9.1.3 Operating Business Segments
9.1.4 Product Portfolio
9.1.5 Business Performance
9.1.6 Key Strategic Moves and Development
9.2. Alphabet Inc.(Waymo)
9.2.1 Company Overview
9.2.2 Company Snapshot
9.2.3 Operating Business Segments
9.2.4 Product Portfolio
9.2.5 Business Performance
9.2.6 Key Strategic Moves and Development
9.3. Intel Corporation
9.3.1 Company Overview
9.3.2 Company Snapshot
9.3.3 Operating Business Segments
9.3.4 Product Portfolio
9.3.5 Business Performance
9.3.6 Key Strategic Moves and Development
9.4. International Business Machines Corporation(Ibmc)
9.4.1 Company Overview
9.4.2 Company Snapshot
9.4.3 Operating Business Segments
9.4.4 Product Portfolio
9.4.5 Business Performance
9.4.6 Key Strategic Moves and Development
9.5. Microsoft Corporation
9.5.1 Company Overview
9.5.2 Company Snapshot
9.5.3 Operating Business Segments
9.5.4 Product Portfolio
9.5.5 Business Performance
9.5.6 Key Strategic Moves and Development
9.6. Micron Technology Inc
9.6.1 Company Overview
9.6.2 Company Snapshot
9.6.3 Operating Business Segments
9.6.4 Product Portfolio
9.6.5 Business Performance
9.6.6 Key Strategic Moves and Development
9.7. Bmw
9.7.1 Company Overview
9.7.2 Company Snapshot
9.7.3 Operating Business Segments
9.7.4 Product Portfolio
9.7.5 Business Performance
9.7.6 Key Strategic Moves and Development
9.8. Uber Technologies Inc.(Otto Motors)
9.8.1 Company Overview
9.8.2 Company Snapshot
9.8.3 Operating Business Segments
9.8.4 Product Portfolio
9.8.5 Business Performance
9.8.6 Key Strategic Moves and Development
9.9. Tesla Inc
9.9.1 Company Overview
9.9.2 Company Snapshot
9.9.3 Operating Business Segments
9.9.4 Product Portfolio
9.9.5 Business Performance
9.9.6 Key Strategic Moves and Development
9.10. Toyota Motor Corporation
9.10.1 Company Overview
9.10.2 Company Snapshot
9.10.3 Operating Business Segments
9.10.4 Product Portfolio
9.10.5 Business Performance
9.10.6 Key Strategic Moves and Development
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Alphabet Inc. (waymo)
  • BMW
  • IBM Corporation
  • Intel Corporation
  • Micron Technology
  • Microsoft Corporation
Automotive Artificial Intelligence Market: Global Market Size, Trends, Competitive, Historical & Forecast Analysis, 2020 - 2030- Increasing demand for premium autonomous vehicles in conjunction with evolution of alternative infrastructure and safer and smarter technologies are boosting the automotive artificial intelligence market.

AI is an advanced technology that is associated with human intelligence through numerous similar characteristics. The integration of AI into automobiles has led to enhancement of features such as Advance Driver Assistance System (ADAS), Automatic Cruise Control (ACC), and Electronic Braking Distribution (EBD) that have made driving effortless and safe. Increasing demand for sophisticated vehicles and the shift of the automotive industry towards electricity as an alternate fuel source are the major factors fuelling the automotive artificial intelligence market.

The global automotive AI market has been segmented based on component, technology, application, and geography. On the basis of component, the market is trifurcated into hardware, software, and service. In terms of technology, the market is categorized as machine learning & deep learning, computer vision, and natural language processing. Based application, the market is bifurcated into semi-autonomous and autonomous. On the basis of region, the market is segregated into North America, Europe, Asia-Pacific, and Rest of World (RoW).
Note: Product cover images may vary from those shown
  • NVIDIA Corporation
  • Alphabet Inc. (waymo)
  • IBM Corporation
  • Micron Technology
  • Intel Corporation
  • BMW
  • Toyota
  • Uber Technologies Inc. (Otto Motors)
  • Tesla Inc.
  • Microsoft Corporation
Note: Product cover images may vary from those shown
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