This report studies Automotive Artificial Intelligence in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2011 to 2015, and forecast to 2025.
Artificial intelligence is projected to be a key influencing factor for the growth of automotive sector in the upcoming years. Emergence of AI within several industry verticals and evolving concept of self-driving cars are anticipated to create the need of automotive artificial intelligent systems in automotive industry. The market is expected to grow with a significant growth rate in the near future. Adoption of intelligent transportation system (ITS) is also a major impacting factor for the market and expected to boost the market for automotive artificial intelligence in near future. Supportive government initiatives supporting the growth of intelligent transportation system would also help the market to grow further. For instance, EU Directive on ITS, passed on July 7, 2010, to manage road traffic efficiently, plays a chief role in encouraging the growth of automotive AI market. Moreover, in 2015, the install rate of AI based systems in new vehicles was just 8%; this number is expected to soar to 109% in 2025.
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