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North America Automotive Artificial Intelligence Market Size, Share & Industry Trends Analysis Report by Application, Process, Technology, Offering, Component, Country and Growth Forecast, 2022-2028

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    Report

  • 135 Pages
  • September 2022
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5673727
The North America Automotive Artificial Intelligence Market would witness market growth of 20.1% CAGR during the forecast period (2022-2028).

Autonomous cars utilize a multitude of diverse components. For example, Google's autonomous car prototypes utilize radar, sonar, and cameras. These sensors gather data from the surrounding environment and transmit it to the software, which interprets the information and sends signals to the actuators that regulate operations like braking and acceleration.

Safety is among the most significant advantages of AI in the automobile sector. AI can assist in reducing accidents and enhancing driving safety. Waymo, a subsidiary of Google, is building an autonomous driving system which employs deep learning to interpret sensor and camera data. The device is supposed to be capable to recognize and avoid possible road dangers.

AI can also assist in enhancing consumer happiness. Mercedes-Benz, for instance, is utilizing AI to create a system that can deliver information on the automobile and its surroundings, as well as answer the driver's inquiries. The objective is to increase client happiness by offering a more customized experience.

The Canadian automobile market is the second biggest in North America. Imports account for around 75 percent of the new car market. The majority of global automobile manufacturers are located in Canada, like General Motors, Ford, Stellantis, Toyota, and Honda, who operate five local assembly lines. The Canadian government aims to achieve carbon neutrality by 2050 and has earmarked substantial infrastructure & green economy investment funds in its budgets for 2021 and 2022. Canadian subsidiaries of U.S. manufacturers, have made considerable expenditures to ready their manufacturing lines for electric vehicles.

The US market dominated the North America Automotive Artificial Intelligence Market by Country in 2021; thereby, achieving a market value of $1,831 million by 2028. The Canada market is experiencing a CAGR of 22.8% during (2022-2028). Additionally, The Mexico market would witness a CAGR of 21.7% during (2022-2028).

Based on Application, the market is segmented into Human-Machine Interface, Driver Monitoring, Autonomous & Semi-autonomous Driving, Identity Authentication, and Autonomous Driving Processor Chips. Based on Process, the market is segmented into Signal Recognition, Image Recognition, and Data Mining. Based on Technology, the market is segmented into Deep Learning, Machine Learning & Computer Vision, Natural Language Processing, and Context- aware Computing. Based on Offering, the market is segmented into Software and Hardware. Based on Component, the market is segmented into Graphics Processing Unit (GPU), Microprocessors (Including ASIC), Field Programmable Gate Array (FPGA), Memory & Storage Systems, Image Sensors, Biometric Scanners, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Microsoft Corporation, IBM Corporation, Google LLC (Alphabet, Inc.), Intel Corporation, Qualcomm Inc., Nvidia Corporation, Harman International Industries, Inc. (Samsung Electronics Co., Ltd.), Hyundai Motor Company, Mitsubishi Electric Corporation and Tesla, Inc.

Scope of the Study

Market Segments Covered in the Report:

By Application

  • Human-Machine Interface
  • Driver Monitoring
  • Autonomous & Semi-autonomous Driving
  • Identity Authentication
  • Autonomous Driving Processor Chips

By Process

  • Signal Recognition
  • Image Recognition
  • Data Mining

By Technology

  • Deep Learning
  • Machine Learning & Computer Vision
  • Natural Language Processing
  • Context- aware Computing

By Offering

  • Software
  • Hardware

By Component

  • Graphics Processing Unit (GPU)
  • Microprocessors (Including ASIC)
  • Field Programmable Gate Array (FPGA)
  • Memory & Storage Systems
  • Image Sensors
  • Biometric Scanners
  • Others

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Key Market Players

List of Companies Profiled in the Report:

  • Microsoft Corporation
  • IBM Corporation
  • Google LLC (Alphabet, Inc.)
  • Intel Corporation
  • Qualcomm Inc.
  • Nvidia Corporation
  • Harman International Industries, Inc. (Samsung Electronics Co., Ltd.)
  • Hyundai Motor Company
  • Mitsubishi Electric Corporation
  • Tesla, Inc.

Unique Offerings from the Publisher

  • Exhaustive coverage
  • The highest number of market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Automotive Artificial Intelligence Market, by Application
1.4.2 North America Automotive Artificial Intelligence Market, by Process
1.4.3 North America Automotive Artificial Intelligence Market, by Technology
1.4.4 North America Automotive Artificial Intelligence Market, by Offering
1.4.5 North America Automotive Artificial Intelligence Market, by Component
1.4.6 North America Automotive Artificial Intelligence Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Acquisition and Mergers: 2019, Oct - 2022, Sep) Leading Players
Chapter 4. North America Automotive Artificial Intelligence Market by Application
4.1 North America Human-Machine Interface Market by Country
4.2 North America Driver Monitoring Market by Country
4.3 North America Autonomous & Semi-autonomous Driving Market by Country
4.4 North America Identity Authentication Market by Country
4.5 North America Autonomous Driving Processor Chips Market by Country
Chapter 5. North America Automotive Artificial Intelligence Market by Process
5.1 North America Signal Recognition Market by Country
5.2 North America Image Recognition Market by Country
5.3 North America Data Mining Market by Country
Chapter 6. North America Automotive Artificial Intelligence Market by Technology
6.1 North America Deep Learning Market by Country
6.2 North America Machine Learning & Computer Vision Market by Country
6.3 North America Natural Language Processing Market by Country
6.4 North America Context- aware Computing Market by Country
Chapter 7. North America Automotive Artificial Intelligence Market by Offering
7.1 North America Software Market by Country
7.2 North America Hardware Market by Country
Chapter 8. North America Automotive Artificial Intelligence Market by Component
8.1 North America Graphics Processing Unit (GPU) Market by Country
8.2 North America Microprocessors (Including ASIC) Market by Country
8.3 North America Field Programmable Gate Array (FPGA) Market by Country
8.4 North America Memory & Storage Systems Market by Country
8.5 North America Image Sensors Market by Country
8.6 North America Biometric Scanners Market by Country
8.7 North America Others Market by Country
Chapter 9. North America Automotive Artificial Intelligence Market by Country
9.1 US Automotive Artificial Intelligence Market
9.1.1 US Automotive Artificial Intelligence Market by Application
9.1.2 US Automotive Artificial Intelligence Market by Process
9.1.3 US Automotive Artificial Intelligence Market by Technology
9.1.4 US Automotive Artificial Intelligence Market by Offering
9.1.5 US Automotive Artificial Intelligence Market by Component
9.2 Canada Automotive Artificial Intelligence Market
9.2.1 Canada Automotive Artificial Intelligence Market by Application
9.2.2 Canada Automotive Artificial Intelligence Market by Process
9.2.3 Canada Automotive Artificial Intelligence Market by Technology
9.2.4 Canada Automotive Artificial Intelligence Market by Offering
9.2.5 Canada Automotive Artificial Intelligence Market by Component
9.3 Mexico Automotive Artificial Intelligence Market
9.3.1 Mexico Automotive Artificial Intelligence Market by Application
9.3.2 Mexico Automotive Artificial Intelligence Market by Process
9.3.3 Mexico Automotive Artificial Intelligence Market by Technology
9.3.4 Mexico Automotive Artificial Intelligence Market by Offering
9.3.5 Mexico Automotive Artificial Intelligence Market by Component
9.4 Rest of North America Automotive Artificial Intelligence Market
9.4.1 Rest of North America Automotive Artificial Intelligence Market by Application
9.4.2 Rest of North America Automotive Artificial Intelligence Market by Process
9.4.3 Rest of North America Automotive Artificial Intelligence Market by Technology
9.4.4 Rest of North America Automotive Artificial Intelligence Market by Offering
9.4.5 Rest of North America Automotive Artificial Intelligence Market by Component
Chapter 10. Company Profiles
10.1 Microsoft Corporation
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expenses
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.5.2 Acquisition and Mergers:
10.1.6 SWOT Analysis
10.2 IBM Corporation
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Regional & Segmental Analysis
10.2.4 Research & Development Expenses
10.2.5 Recent strategies and developments:
10.2.5.1 Acquisition and Mergers:
10.2.6 SWOT Analysis
10.3 Google LLC (Alphabet, Inc.)
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expense
10.3.5 SWOT Analysis
10.4 Intel Corporation
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expenses
10.4.5 Recent strategies and developments:
10.4.5.1 Acquisition and Mergers:
10.4.6 SWOT Analysis
10.5 NVIDIA Corporation
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expense
10.5.5 Recent strategies and developments:
10.5.5.1 Product Launches and Product Expansions:
10.5.5.2 Acquisition and Mergers:
10.5.6 SWOT Analysis
10.6 Harman International Industries, Inc. (Samsung Electronics Co., Ltd.)
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expense
10.6.5 Recent strategies and developments:
10.6.5.1 Partnerships, Collaborations, and Agreements:
10.6.5.2 Product Launches and Product Expansions:
10.6.5.3 Acquisition and Mergers:
10.6.6 SWOT Analysis
10.7 Hyundai Motor Company
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expense
10.7.5 Recent strategies and developments:
10.7.5.1 Partnerships, Collaborations, and Agreements:
10.7.5.2 Product Launches and Product Expansions:
10.7.6 SWOT Analysis
10.8 Tesla, Inc.
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expense
10.8.5 Recent strategies and developments:
10.8.5.1 Product Launches and Product Expansions:
10.8.5.2 Acquisition and Mergers:
10.8.6 SWOT Analysis
10.9 Qualcomm, Inc.
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Research & Development Expense
10.9.5 Recent strategies and developments:
10.9.5.1 Partnerships, Collaborations, and Agreements:
10.9.5.2 Product Launches and Product Expansions:
10.9.5.3 Acquisition and Mergers:
10.10. Mitsubishi Electric Corporation
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 Research & Development Expense

Companies Mentioned

  • Microsoft Corporation
  • IBM Corporation
  • Google LLC (Alphabet, Inc.)
  • Intel Corporation
  • Qualcomm Inc.
  • Nvidia Corporation
  • Harman International Industries, Inc. (Samsung Electronics Co., Ltd.)
  • Hyundai Motor Company
  • Mitsubishi Electric Corporation
  • Tesla, Inc.

Methodology

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