Automotive AI (Artificial Intelligence) Market: 2020 Advanced Technology In- Depth Overview will boost considerable development prospects by -2027

(CDN Newswire via Comtex)

The global Automotive AI (Artificial Intelligence) market is forecast to reach USD 6.34 Billion by 2027, according to a new report by Reports and Data. The Automotive AI (Artificial Intelligence) is a colorless, volatile, water soluble industrial and commercial chemical and p-series glycol ether, produced from the formulation of propylene oxide and alcohol. Paints, inks, synthetic resin, varnishes, and rubber adhesives are some of its chemical applications.

Asia Pacific region is forecasted to grow fastest with the highest growth rate of 6.4% in the period 2019 - 2027, owing to high market penetration in paints & coatings and electronics applications coupled with the extensive demand for the automotive coolants, especially in regions like India and China.

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This report covers the recent COVID-19 incidence and its impact on Automotive AI (Artificial Intelligence). The pandemic has widely affected the economic scenario. This study assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.

In market segmentation by manufacturers, the report covers the following companies-

NVIDIA Corporation (US), Alphabet Inc. (US), Intel Corporation (US), IBM Corporation (US), Microsoft Corporation (US), Harman International Industries Inc. (US), Xilinx Inc. (US), Qualcomm Inc. (US), Tesla Inc. (US), Volvo Car Corporation (Sweden) and others.

For the purpose of this report, Reports and Data have segmented the global Automotive AI (Artificial Intelligence) market on the basis of the end-use, sales channel, applications, and region:

Automotive AI by Technology (Revenue, USD Million; 2016-2026)

  • Machine and Deep Learning
  • Computer Vision
  • Natural Language Processing

Automotive AI by Function (Revenue, USD Million; 2016-2026)

  • Digital/ Mobility Services
  • Manufacturing Operations
  • Procurement
  • R&D and Engineering
  • Customer Experience
  • Supply Chain

Automotive AI by Process (Revenue, USD Million; 2016-2026)

  • Signal Recognition
  • Image Recognition
  • Data Mining

Automotive AI by Component (Revenue, USD Million; 2016-2026)

  • Hardware
  • Software

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Regional Outlook (Revenue in USD Million; 2016-2026)

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)

The Automotive AI (Artificial Intelligence) market intelligence study includes a separate section dedicated to crucial parameters like the pricing structure of vital feedstock and value chain analysis, along with the study of major suppliers of the raw materials. It also offers other pivotal information about the Automotive AI (Artificial Intelligence) market as part of a wide-ranging analysis of the supply chain, along with other aspects like prominent.

Key Questioned Answered mentioned in the Report -

  1. What are the products offered by the Automotive AI (Artificial Intelligence) industry presently?
  2. What are the different applications of the products offered in this market of Automotive AI (Artificial Intelligence)?
  3. Who could be claimed as the most dominant and influential players in this global industry?
  4. Which factors act as the drivers of this market, and which factors pull this industry down acting as restraints?
  5. What can be determined by the trends obtained from the evaluation of the historical data for the Automotive AI (Artificial Intelligence) industry?

Ke point summary of the report:

Critical Aspects: The Global Automotive AI (Artificial Intelligence) Market research report sheds light on the latest growth trends, development, and elaborates on the research methodologies employed. The market aspects that directly influence the growth of the market include the prevalent marketing strategies adopted by the leading companies, expansion tactics, and the product offerings of the companies, underlining that factors that could potentially affect the growth of the market segments and subsequently the overall market. The research study has examined these factors elaborately.

Market Overview: The study also takes into consideration crucial market aspects, including R&D, new product launches, deals, joint ventures, mergers and acquisitions, collaborations, and growth of the key industry participants, both on the regional and global levels.

Key Features: The report performs an in-depth analysis of some of the crucial factors, such as cost, capacity, rates of production and consumption, gross revenue, import/export status, demand-supply dynamics, growth rate, profit margin, and market share. Apart from this, the report also focuses on significant factors that might affect the market trends and categorizes the market into different segments and sub-segments.

Analytical Tools: The Global Automotive AI (Artificial Intelligence) Market report includes authentic and relevant information relating to the overall market, key players, and their reach in the market with the help of precise analytical tools like SWOT analysis, Porter's five forces analysis, analysis of the return on investment, and feasibility study on recent projects. These tools have been utilized to study the market position of the major industry players elaborately.

Target readers: The report gives detailed insights into the vendors, distributors, suppliers, manufacturers, stakeholders, and readers looking to understand the market before investing.

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In summary, the report allows a reader to get the complete understanding of the Automotive AI (Artificial Intelligence) industry through details such as accurate market estimations, competitive landscape, market scenario, factors limiting the growth of the market, driving factors, challenges, regulatory policies governing the industry, growth prospects, and other factors propelling the growth of the global sector. This research study will give you the reader a clear view of every aspect of the market, creating an exhaustive research database rendering any other document unnecessary. This report promises to provide all the facts relating to the past, present, and future of the Automotive AI (Artificial Intelligence) market.

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