The Global Artificial Intelligence (AI) in Automotive and Transportation Market size was valued at around USD 5.19 billion in 2024 and is projected to reach USD 9.18 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 9.97% during the forecast period, i.e., 2025-30. According to MarkNtel Advisors Study.
Global Artificial Intelligence (AI) in Automotive and Transportation Market Driver:
Mounting Inclination Toward Autonomous Vehicles Driving Market Demand – With the advent of AI in automobiles, the demand for autonomous vehicles is rising substantially, owing to features like self-driving, autopilot, and automatic parking, among others, to reduce human efforts while driving. The increasing inclination of major automakers toward creating autonomous cars & driving features, and the surging number of tech companies & start-ups are forming the idea of self-driving vehicles for public transportation, ride-sharing, and personal requirements.
Prominent automakers like Tesla are the ideal example of autonomous vehicles with systems like keeping the vehicle within a lane while driving, self-parking, auto changing lanes whenever required, etc. Hence, these aspects are projected to be the major drivers for Global Artificial Intelligence (AI) in the Automotive and Transportation Market during 2025-30.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Global Artificial Intelligence (AI) in Automotive and Transportation Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2024
-Historical Period: 2020 to 2023
-Forecast Period: 2025 to 2030
- 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
- Human-Machine Interface
- By Vehicle Type
- Passenger Vehicles
- Light Commercial Vehicles
- Heavy Trucks
- Heavy Buses
- By Component
- Hardware
- Software
- By Level of Autonomy
- Level 1
- Level 2
- Level 3
- Level 4
- Level 5
- By Technology
- Machine Learning
- Natural Language Processing
- Context-Aware Computing
- Computer Vision
- Deep Learning
- By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – Continental AG, Denso Corporation, Nvidia Corporation, Intel Corporation, Harman International, AI Motive, Argo AI, Siemens, Thales Group, CarVi, Valeo, Optalert, Orbcomm Inc., Visteon Corporation looking forward to strengthening their market positions.
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We follow a tried-and-tested research methodology that blends top-down and bottom-up approaches to deliver highly accurate market insights. Every report is powered by data triangulation, ensuring well-rounded and validated findings.
From smart sample selection and reliable data collection to in-depth analysis and precise forecasting, our process is designed to minimize error and maximize impact.
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