The Artificial Intelligence (AI) in Automotive and Transportation Market study by MarkNtel Advisors presents figures and measurements in terms of volume throughout the anticipated time period, providing a broad perspective on the scale. This report includes the most recent news, an informative analysis with distinct sections, and the entire history of inventive work. The research includes a summary of the major players operating in the market under study as well as future prospects.
It compares the market to other markets and situates it within the wider market. The report objective is to give a thorough study of the Artificial Intelligence (AI) in Automotive and Transportation Market that takes into account all key market players. The report covers the past and current situation of the industry, along with anticipated market size and trends, and analyses complex data in simple terms. All competitive aspects of the industry are covered in the analysis which includes market leaders, followers, and new entrants. The study includes SWOT, and PESTEL assessments along with the possible effects of macroeconomic factors on the market.
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Scope of the report:
-Projections of the size and growth of the market (CAGR of 20%), 2021–2026.
-Impact of COVID on industry and scenarios for the future considering the recovery from pandemic.
-Market size, share, and projections by geographies and countries, 2021–2026.
-Market trends, drivers, obstacles, and opportunities over the short- and long-term.
-Analysis of the market’s technological advancements and Porter’s Five Forces.
-Market price analysis, Trade analysis, Supply & demand analysis.
-Plot synopses, key strategies, financials, and product profiles of the top-ranking businesses in the industry.
-Overview of recent news and happenings.
Artificial Intelligence (AI) in Automotive and Transportation Market- Competitive and Segmentation Analysis:
The report provides in-depth analysis backed by trustworthy data on player sales and earnings for the years 2021–2026. A firm overview, key businesses, current advancements, and revenues are also included in the report. It combines extensive analysis, and provides a holistic view as well as a deep insight into the market covering all its essential aspects. Detailed analysis has been made on following companies:
-Continental AG
-Denso Corporation
-Nvidia Corporation
-Intel Corporation
-Harman International
-AI Motive
-Argo AI
-Siemens
-Thales Group
-Others
The research offers complete business analysis considering market share, concentration ratio, etc. and discusses the major players in detail for the competitive landscape so that readers can gain a better grasp of their rivals and the competitive environment in general.
The market trend and market development status are also studied in more detail in the report. Additionally, it divides the market into:
By Market Dividend, By Application
-Human-Machine Interface
–Central Display
–Instrument Cluster
–Steering Mounted Control
–Head-up Display
-Driver Monitoring
–Physiological Measurement
–Facial Movement and Eye Detection
-Driver/ Identity Authentication
–Finger
–Facial and Iris
–Voice
-Autonomous Driving Processing Chips
-Intelligent Traffic Management System
By Market Dividend, By Vehicle Type
-Passenger Vehicles
-Light Commercial Vehicles
-Heavy Trucks
-Heavy Buses
By Market Dividend, By Component
-Hardware
-Software
By Market Dividend, By Level of Autonomy
-Level 1
-Level 2
-Level 3
-Level 4
-Level 5
By Market Dividend, By Technology
-Machine Learning
-Natural Language Processing
-Context-Aware Computing
-Computer Vision
-Deep Learning
By Market Dividend, By Region
-North America
-South America
-Europe
-Middle East & Africa
-Asia-Pacific
Regional Landscape
Of all regions globally, North America dominated the Artificial Intelligence (AI) in Automotive & Transportation Market with the largest share in the recent years & is projected to prevail the same trend during the forecast period. North America is an early adopter of electric & autonomous vehicles with advanced technologies like Artificial Intelligence (AI), Machine Learning (ML), Natural Language Processing, Context-Aware Computing, Computer Vision & Deep Learning, etc. Hence, it is witnessing a mounting utilization of AI across its automotive & transportation sector. , i.e., assisting drivers with features like voice search, image recognition, & voice command, and others. Additionally, a robust financial base of the region stimulated its funding across leading technologies in the field of Artificial Intelligence.
On the other hand, Asia-Pacific is anticipated to acquire the second-largest market share during the forecast period, principally due to the increasing customer inclination toward luxury vehicles, including passenger cars, which, thereby, is propelling the demand for vehicles with the AI technology across the region. Additionally, escalating utilization of AI across different verticals, especially across countries like China, India, Japan, & South Korea, is stimulating governments in these countries to adopt AI technologies in the automotive & transportation industry.
Nonetheless, Europe is projected to attain a considerable market share during 2021-26. It owes to the stringent environmental norms in the region leading to the increasing shift of several countries toward adopting automated & Electric Vehicles (EVs) to reduce carbon emission & address the rapidly increasing concerns associated with environmental pollution.
Besides, escalating demand for vehicles with AI technology delivering Advanced Driver Assistance Systems (ADAS) & Adaptive Cruise Control (ACC) is another crucial aspect projected to boost the sales of intelligent vehicles & positively influence the regional market growth in the coming years.
Examine the Complete Report Description (Research Methodology + Table of Content + Infographics)- https://www.marknteladvisors.com/research-library/global-artificial-intelligence-automotive-transportation-market.html
Key Reasons to Purchase:
-Analysis by geography showcasing the demand of the product or service in the market and highlighting the market dynamics within each region
-Market characteristics as well as future market expansion prospects
-Market segmentation study that takes into account both qualitative and quantitative research as well as the effects of societal and policy factors
-Analysis at the regional and national levels that integrates the factors of supply and demand that are driving the market for solutions to grow
-Competitive environment including market share of the key companies, recent initiatives and new player strategies followed by participants
-Detailed business profiles that include product offerings, critical financial data, SWOT analysis, and market player’s tactics
-Indicates the region and market sector that is anticipated to experience the fastest growth and hold the majority of the market.
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