Automotive Artificial Intelligence Software is a technology that is mainly used in self-driving vehicles and semi-autonomous vehicles to increase its operational efficiency and makes them more preferable as compared to conventional vehicles.
There have been several developments that took place over the period which include technological advancements, development in infrastructure and systems, and others. Moreover, there has been an evolution in the automotive industry with the combination of technology and booming automotive industry are crucial factors that accelerate the growth of the Automotive Artificial Intelligence Software market throughout the forecast period.
Furthermore, other key factors such as the rise in the demand for autonomous vehicles, increased demand for enhanced consumer experience, coupled with an increase in the investment by major market players are further projected to support the growth of the Automotive Artificial Intelligence Software market in the forthcoming years.
On the downside, factors such as an increase in cyber-crime and a rise in privacy concerns are expected to hamper the growth of the market in the coming years. Besides this, increased demand for the premium vehicle with advanced software and systems to increase its operational efficiency and user-friendly interface is estimated to create several opportunities in the Automotive Artificial Intelligence Software market in the near future.
Covid-19 Impact on Automotive Artificial Intelligence Software Market
Like many other industries, COVID-19 badly knocked the electronic and semiconductor industries. This unprecedented event has impacted nearly 230 countries in just a few weeks, resulting in the forced shutdown of manufacturing and transportation activities within and across the countries. This has directly affected the overall sector's growth. It is estimated that COVID-19 to leave more than USD 30 billion impacts on the electronics and semiconductor industry. The sector is majorly affected due to transport restrictions on major electronics and semiconductor raw material providers. However, the emerging need for semiconductors in several industries will offer rapid market recovery over the future period.
Automotive Artificial Intelligence Software Market Segment Overview
Based on Product Type, the Advanced Driver-Assistance Systems (ADAS) is the largest segment in the global Automotive Artificial Intelligence Software market. Advanced Driver-Assistance Systems (ADAS) is a group of electronic technologies that assist drivers in driving and parking functions. Through a safe human-machine interface, ADAS increase car and road safety. ADAS use automated technology, such as sensors and cameras, to detect nearby obstacles or driver errors, and respond accordingly.
Automotive Artificial Intelligence Software Market, By Product Type
· Automatic Drive
· Advanced driver-assistance systems (ADAS)
Automotive Artificial Intelligence Software Market, By Product Application
· Passenger Car
· Commercial Vehicle
Automotive Artificial Intelligence Software Market Regional Overview
In terms of region, North America is anticipated to hold the largest share of the global Automotive Artificial Intelligence Software market in the forecast period. This is due to the increased adoption of advanced technology and continuous innovation and development in the automotive industry in this region. Furthermore, infrastructure development and increased demand for autonomous vehicles are further intensifying the growth of the automotive artificial intelligence software market in this region. Likewise, the Asia Pacific is expected to register the fastest growth during the forecast period. Factors such as the fast-developing automotive industry, increased adoption of advanced technology, and increase in automation in vehicles are anticipated to support the market’s growth in this region.
Automotive Artificial Intelligence Software Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Automotive Artificial Intelligence Software Market, Key Players
· Alphabet
· HARMAN International
· TomTom
· Bosch
· NVIDIA
· Delphi
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Automotive Artificial Intelligence Software Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Product Type
- 5.2.1. Automatic Drive
- 5.2.2. Advanced driver-assistance systems (ADAS)
- 5.3. Market Analysis, Insights and Forecast – By Product Application
- 5.3.1. Passenger Car
- 5.3.2. Commercial Vehicle
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East and Africa
6. North America Automotive Artificial Intelligence Software Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Product Type
- 6.2.1. Automatic Drive
- 6.2.2. Advanced driver-assistance systems (ADAS)
- 6.3. Market Analysis, Insights and Forecast – By Product Application
- 6.3.1. Passenger Car
- 6.3.2. Commercial Vehicle
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Automotive Artificial Intelligence Software Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Product Type
- 7.2.1. Automatic Drive
- 7.2.2. Advanced driver-assistance systems (ADAS)
- 7.3. Market Analysis, Insights and Forecast – By Product Application
- 7.3.1. Passenger Car
- 7.3.2. Commercial Vehicle
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Automotive Artificial Intelligence Software Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Product Type
- 8.2.1. Automatic Drive
- 8.2.2. Advanced driver-assistance systems (ADAS)
- 8.3. Market Analysis, Insights and Forecast – By Product Application
- 8.3.1. Passenger Car
- 8.3.2. Commercial Vehicle
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Automotive Artificial Intelligence Software Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Product Type
- 9.2.1. Automatic Drive
- 9.2.2. Advanced driver-assistance systems (ADAS)
- 9.3. Market Analysis, Insights and Forecast – By Product Application
- 9.3.1. Passenger Car
- 9.3.2. Commercial Vehicle
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Alphabet
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. HARMAN International
- 10.6. TomTom
- 10.7. Bosch
- 10.8. NVIDIA
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
