Artificial Intelligence Cars Market Size, Shares - Industry Trends, Strategies, and Forecasts, Worldwide, 2017 to 2023
"The Report Artificial
Intelligence (AI) Cars and Light Trucks Market Size, Shares -
Industry Trends, Strategies, and Forecasts, Worldwide, 2017 to 2023
provides information on pricing, market analysis, shares, forecast,
and company profiles for key industry participants. -
MarketResearchReports.biz"
About
Artificial
Intelligence Cars and Light Trucks Market
As of now, every automobile
company is looking to incorporate artificial intelligence in their
cars for achieving heightened levels of automation. Automobile
companies are striving to achieve driverless cars by making use of
artificial intelligence, boosting the market for AI in cars and light
trucks. The installation of AI-based systems in new cars and light
trucks is increasing steadily from the past few years. All big
companies are investing extensively in the research and development
for achieving different levels of automation for autonomous driving
by making use of artificial intelligence and sensor technologies. The
use of AI and sensors help in detecting and avoiding obstacles. The
demand for artificial intelligence in cars and light trucks is
increasing as it helps to avoid collision, prevent accidents, lane
assistance, and parking assistance. The growing disposable income of
the people and thus, their increased spending or budget on luxury
items is an important factor driving auto makers to develop cars that
have enhanced automated features.
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The 2017 study has 826 pages, 290
tables and figures. Worldwide markets are poised to achieve
significant growth as Artificial Intelligence (AI) cars and light
trucks permit users to implement automated driving. Fleet vehicles
from Uber, Google and similar users are likely to be the early
adopter groups, creating vehicles that do package delivery and ride
sharing. Tesla, Mercedes, and Audi are among the vendors with a
leadership position in the personal luxury vehicle artificial
intelligence (AI) car markets. These cars provide performance and
cater to individual preference in feature function packages and
styling.
Every
car maker seeks to participate in this Artificial Intelligence (AI)
personal vehicle market. The ability to do so depends on
implementing next generation technology that is very expensive to get
working. Vendors ae seeking to work together to set standards and
develop shared modules that provide basic functionality. Cameras,
sensors,
artificial intelligence software, and LiDAR are among the modules
being developed.
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Autonomous vehicle technology has
the potential to institute major change in personal mobility.
Autonomous cars are the next generation of manual cars, poised to
provide thrust for a large replacement market. Autonomous vehicles
are the base for building personal car services, particularly in
large cities. Carmakers and Silicon Valley companies bring different
skills to the task of building a Artificial Intelligence (AI) car.
Together they are finding common ground to transform the personal
vehicle industry. One thing they are unlikely to transform is
performance.
Every person who owns a vehicle
has a preference on performance. The Tesla has gained recognition
for offering a Artificial Intelligence (AI) vehicle, but it is first
and foremost a performance vehicle. This characteristic will not
change as Artificial Intelligence (AI) vehicles come on the market.
People like the customization of features and functions in their car.
This customization aspect of
Artificial Intelligence (AI) vehicles does not get talked about much,
but it is a very important part of the industry. It will not go away
just because cars are run by software. From auto racing to personal
preference, ever car has its own personality and its own comfort.
Performance is part of the package. Every car maker seeks to
participate in this Artificial Intelligence (AI) personal vehicle
market with a distinctive offering. The ability to have unique
appear to customers depends on implementing next generation
technology in a manner that works effectively and is relatively
inexpensive to implement.
Apple, IBM, and Google are sure to
be among the significant software vendors for all the Artificial
Intelligence (AI) car and light truck market participants. IBM has a
huge head start with its excellent middleware branded integrated
solutions that are hardened and reliable. Google has mindshare and
early market success with its early market trials.
As automated process hits the auto
industry as a disruptive force, it parallels the automated piloting
of the airline industry that saw significant labor savings
implementation. Automated vehicle driving can be done anywhere just
by connecting the car to integrated adaptive cruise control, adaptive
steering and braking, and lane assist systems all working off one
central processor.
Artificial Intelligence (AI) cars
and light trucks incrementally add automated process to driving. As
software is added to cars and light trucks it is done in concert with
modification to the steering, breaking, and other automotive systems.
Autonomous functions for vehicles are increasingly adopted.
Change is incremental, we do not
have fully functioning Artificial Intelligence (AI) cars immediately,
rather, steering, collision avoidance, parking, test driving, series
of camera and radar based monitoring systems, lane assist, and
adaptive cruise control are being implemented, presaging rapid
adoption of Artificial Intelligence (AI) cars and light trucks as the
various functions mature and work in the real world.
According to Susan Eustis, team
leader for the preparation of the study, “The market for Artificial
Intelligence (AI) car and light truck vehicles is anticipated to
expand in parallel with the deployment of appropriate roadway
controls funded by government programs. The large public investments
for Artificial Intelligence (AI) vehicles so far has been for
development of technology that works for military purposes. The
extension of this type of automated system to commercial fleet
vehicles will be rapid after 2019”
The Artificial Intelligence (AI)
car designs amalgamate a group of features to represent an automated
process solution. These include the hardware, the software
middleware, the steering system, adaptive cruise control, numerous
software applications, an integrated systems approach, and related
services. Significant investments in research and development are
necessary as the emerging Artificial Intelligence (AI) cars and light
trucks industry builds on incremental technology roll outs.
Artificial Intelligence (AI) car
and light truck commercial market shipments forecasts indicate that
markets beginning to develop in 2016 will rise to $3.6 trillion by
2023. Spectacular growth is a result of various moves toward
autonomous vehicles that can go across the US by themselves, provide
automated navigation,, integrated braking and steering. Most auto
vendors have gone beyond the testing stage to offer vehicles that
have strong navigation capability.
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Safety modules are complimented by
mapping vehicles that provide navigation. The Tesla and other
vehicles provide driver alerts but fall sort of complete Artificial
Intelligence (AI).
Market driving forces relate
primarily to the need for increased safety and personalization for
autos. Car manufacturers are positioning with Artificial
Intelligence (AI) car models to meet demand at the high end, and in
every category of car and light truck. Many Artificial Intelligence
(AI) vehicle car vendors are making automation for personal vehicles
and light trucks a reality.
Companies Profiled
Market Leaders
AMD
Apple
BMW
Bosch
Daimler AG / Mercedes-Benz
Ford
Fuji
GM
Google
Hyundai
IBM
Intel / Mobileye
Kairos
Nissan
NVIDIA
NXP
Qualcomm
Samsung
Softbank
Tesla Group
Texas Instruments (TI)
Toyota
Uber
Volkswagen / Audi
Market Participants
Audi
BAE Systems
Boston Dynamics
Bosch Group
BMW
Buick Group
Chrysler / Dodge
Daimler AG/Mercedes-Benz
ECA Robotics
Elbit Systems
Evatran Group
Ford / Lincoln
Fuji Heavy Industries / Subaru
General Dynamics
Google Artificial Intelligence
(AI) Car
GM / Cadillac
Kongsberg
Jaguar Land Rover
Lockheed Martin
Mesa Robotics
Mitsubishi
Nissan
Qualcomm
Toyota / Lexus
Vecna Technologies
Volkswagen / Porsche
Volvo
Visteon
WiTricity
Key Topics
Auto Artificial Intelligence
Automotive
Automated driving
Automated vehicles
Autonomous vehicles
in-vehicle compute, Infiniti,
Internet of things
AI machine learning
Mobileye
Robot Cars and Trucks
Robot steering
Robot braking
Robot automotive systems
Autonomous functions for
vehicles
Collision avoidance
Automated parking
Robot Parking
Robot test driving
Car cameras
Car LiDAR
Car radar
Truck follow me systems
Radar based monitoring systems
Lane assist
Adaptive cruise control
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