Market Overview: Global In-Cabin Automotive AI (Artificial Intelligence) Market
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In-Cabin Automotive AI (Artificial Intelligence) Market Insights 2022-27
The Global In-Cabin Automotive AI (Artificial Intelligence) Market is anticipated to grow at a CAGR of around 40% during the forecast period, i.e., 2022-27.
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Top Players in the In-Cabin Automotive AI (Artificial Intelligence) Market:
Visteon Corporation
Ambarella, Inc.
Eyeris Technologies, Inc.
Seeing Machines Limited
Cipia Vision Ltd.
Valeo SA
Faurecia SE
Robert Bosch GmbH
Hyundai Mobis
Denso Corporation
NXP Semiconductors N.V.
ZF Friedrichshafen AG
Aptiv PLC
Qualcomm Inc.
Renesas Electronics Corporation
Segmentation Analysis of In-Cabin Automotive AI (Artificial Intelligence) Market
In-Cabin Automotive AI (Artificial Intelligence) Market exactly assesses and highlights significant trends and influencing factors within each segment. The comprehensive analysis extends its predictions for the period spanning 2022-27, focusing on the national landscape. The market is exactly categorized based on this analysis, providing valuable insights into its various facets.
-By Product
Radar
Camera
Voice Assistant
Smart Sensor
Of them all, Europe grabbed a significant share in the Global In-Cabin Automotive AI Market during 2017-21. A high level of AI integration in the automotive industry across countries like Germany, France, and the UK are the prime factors attributing to the regional market growth.
Besides, the mounting demand for advanced technologies and high consumer disposable income across Europe also contributes to the overall market growth. Further, the presence of several luxury automotive brands and the rising trend of autonomous vehicles is also fueling the adoption of In-Cabin Artificial Intelligence in vehicles to offer customers features worth their money & status.
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-By Application
Occupant Monitoring System
Driver Monitoring System
Conversation Assistance
Smart HVAC
Others
-By Level of Automation
Level 0
Level 1
Level 2
Level 3
Level 4
Level 5
-By Vehicle Price Category
Budget (Up to USD30,000)
Economy (USD30,001 to USD 50,000)
Premium (Above USD50,000)
A Comprehensive Geographical Analysis:
-By Region
North America
South America
Europe
Asia-Pacific
The Global In-Cabin Automotive AI (Artificial Intelligence) Market is expected to experience the fastest growth across Asia-Pacific, mainly due to the rapidly expanding automobile industry in the region. The increasing establishment of vehicle production units in India, China, & Japan is also driving the regional market. Further, several initiatives by the Indian government to boost the automobile business is another crucial aspect projected to contribute to the overall market growth across Asia-Pacific.
Further, snowballing disposable income coupled with the booming demand for vehicle ownership & comfort & safety across countries like India & China are other prominent aspects influencing AC installations in the region and driving the regional market.
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