The Europe Automotive Artificial Intelligence Market would witness market growth of 20.8% CAGR during the forecast period (2022-2028).
Autonomous driving is among the most potential AI applications in the automobile sector. A lot of businesses are already developing systems for autonomous driving. Such systems employ deep learning to interpret sensor and video data so that the vehicle can drive itself. AI may be utilized to create improved driver support systems in complement to autonomous driving (ADAS). Such systems employ AI to present the driver with data about the automobile and its surroundings and to aid the driver in making important decisions.
In the automobile industry, where incorrectly built components and products may literally be fatal, the quality control stakes are enormous. Changes in lighting, camera movement, and a variety of other mechanical and environmental factors reduce the effectiveness of conventional vision systems. Nevertheless, the power of AI and deep learning has rendered a previously unstable solution resilient and accessible.
The performance of the newest generation of cutting-edge quality control instruments is unaffected by changes in illumination, camera, and/or part location. This not only represents a revolutionary advancement in automated quality control capabilities, but it also enables human quality control professionals to be allocated to more crucial industrial jobs.
Italy is among the most significant motorbike markets in Europe. The Italian two- and three-wheeler industry produces 300,000 units annually and is the top in Europe. Germany's automobile sector and engineering prowess are well-known around the world. Germany is by a considerable margin Europe's top manufacturing and retail market. The nation's top-class R&D infrastructure, seamless integration of the industry's value chain, and highly qualified workforce produce a world-leading automotive environment. It allows businesses to design cutting-edge solutions that properly answer the mobility requirements of the future.
The Germany market dominated the Europe Automotive Artificial Intelligence Market by Country in 2021; thereby, achieving a market value of $487.7 million by 2028. The UK market would showcase a CAGR of 19.8% during (2022 - 2028). Additionally, The France market is anticipated to grow at 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Automotive Artificial Intelligence Market will Hit $7.5 Billion by 2028, at a CAGR of 21.5%
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
By Component
- Graphics Processing Unit (GPU)
- Microprocessors (Including ASIC)
- Field Programmable Gate Array (FPGA)
- Memory & Storage Systems
- Image Sensors
- Biometric Scanners
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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.
TABLE 1 Europe Automotive Artificial Intelligence Market, 2018 - 2021, USD Million
TABLE 2 Europe Automotive Artificial Intelligence Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Automotive Artificial Intelligence Market
TABLE 4 Product Launches And Product Expansions– Automotive Artificial Intelligence Market
TABLE 5 Acquisition and Mergers– Automotive Artificial Intelligence Market
TABLE 6 Europe Automotive Artificial Intelligence Market by Application, 2018 - 2021, USD Million
TABLE 7 Europe Automotive Artificial Intelligence Market by Application, 2022 - 2028, USD Million
TABLE 8 Europe Human–Machine Interface Market by Country, 2018 - 2021, USD Million
TABLE 9 Europe Human–Machine Interface Market by Country, 2022 - 2028, USD Million
TABLE 10 Europe Driver Monitoring Market by Country, 2018 - 2021, USD Million
TABLE 11 Europe Driver Monitoring Market by Country, 2022 - 2028, USD Million
TABLE 12 Europe Autonomous & Semi-autonomous Driving Market by Country, 2018 - 2021, USD Million
TABLE 13 Europe Autonomous & Semi-autonomous Driving Market by Country, 2022 - 2028, USD Million
TABLE 14 Europe Identity Authentication Market by Country, 2018 - 2021, USD Million
TABLE 15 Europe Identity Authentication Market by Country, 2022 - 2028, USD Million
TABLE 16 Europe Autonomous Driving Processor Chips Market by Country, 2018 - 2021, USD Million
TABLE 17 Europe Autonomous Driving Processor Chips Market by Country, 2022 - 2028, USD Million
TABLE 18 Europe Automotive Artificial Intelligence Market by Process, 2018 - 2021, USD Million
TABLE 19 Europe Automotive Artificial Intelligence Market by Process, 2022 - 2028, USD Million
TABLE 20 Europe Signal Recognition Market by Country, 2018 - 2021, USD Million
TABLE 21 Europe Signal Recognition Market by Country, 2022 - 2028, USD Million
TABLE 22 Europe Image Recognition Market by Country, 2018 - 2021, USD Million
TABLE 23 Europe Image Recognition Market by Country, 2022 - 2028, USD Million
TABLE 24 Europe Data Mining Market by Country, 2018 - 2021, USD Million
TABLE 25 Europe Data Mining Market by Country, 2022 - 2028, USD Million
TABLE 26 Europe Automotive Artificial Intelligence Market by Technology, 2018 - 2021, USD Million
TABLE 27 Europe Automotive Artificial Intelligence Market by Technology, 2022 - 2028, USD Million
TABLE 28 Europe Deep Learning Market by Country, 2018 - 2021, USD Million
TABLE 29 Europe Deep Learning Market by Country, 2022 - 2028, USD Million
TABLE 30 Europe Machine Learning & Computer Vision Market by Country, 2018 - 2021, USD Million
TABLE 31 Europe Machine Learning & Computer Vision Market by Country, 2022 - 2028, USD Million
TABLE 32 Europe Natural Language Processing Market by Country, 2018 - 2021, USD Million
TABLE 33 Europe Natural Language Processing Market by Country, 2022 - 2028, USD Million
TABLE 34 Europe Context- aware Computing Market by Country, 2018 - 2021, USD Million
TABLE 35 Europe Context- aware Computing Market by Country, 2022 - 2028, USD Million
TABLE 36 Europe Automotive Artificial Intelligence Market by Offering, 2018 - 2021, USD Million
TABLE 37 Europe Automotive Artificial Intelligence Market by Offering, 2022 - 2028, USD Million
TABLE 38 Europe Software Market by Country, 2018 - 2021, USD Million
TABLE 39 Europe Software Market by Country, 2022 - 2028, USD Million
TABLE 40 Europe Hardware Market by Country, 2018 - 2021, USD Million
TABLE 41 Europe Hardware Market by Country, 2022 - 2028, USD Million
TABLE 42 Europe Automotive Artificial Intelligence Market by Component, 2018 - 2021, USD Million
TABLE 43 Europe Automotive Artificial Intelligence Market by Component, 2022 - 2028, USD Million
TABLE 44 Europe Graphics Processing Unit (GPU) Market by Country, 2018 - 2021, USD Million
TABLE 45 Europe Graphics Processing Unit (GPU) Market by Country, 2022 - 2028, USD Million
TABLE 46 Europe Microprocessors (Including ASIC) Market by Country, 2018 - 2021, USD Million
TABLE 47 Europe Microprocessors (Including ASIC) Market by Country, 2022 - 2028, USD Million
TABLE 48 Europe Field Programmable Gate Array (FPGA) Market by Country, 2018 - 2021, USD Million
TABLE 49 Europe Field Programmable Gate Array (FPGA) Market by Country, 2022 - 2028, USD Million
TABLE 50 Europe Memory & Storage Systems Market by Country, 2018 - 2021, USD Million
TABLE 51 Europe Memory & Storage Systems Market by Country, 2022 - 2028, USD Million
TABLE 52 Europe Image Sensors Market by Country, 2018 - 2021, USD Million
TABLE 53 Europe Image Sensors Market by Country, 2022 - 2028, USD Million
TABLE 54 Europe Biometric Scanners Market by Country, 2018 - 2021, USD Million
TABLE 55 Europe Biometric Scanners Market by Country, 2022 - 2028, USD Million
TABLE 56 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 57 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 58 Europe Automotive Artificial Intelligence Market by Country, 2018 - 2021, USD Million
TABLE 59 Europe Automotive Artificial Intelligence Market by Country, 2022 - 2028, USD Million
TABLE 60 Germany Automotive Artificial Intelligence Market, 2018 - 2021, USD Million
TABLE 61 Germany Automotive Artificial Intelligence Market, 2022 - 2028, USD Million
TABLE 62 Germany Automotive Artificial Intelligence Market by Application, 2018 - 2021, USD Million
TABLE 63 Germany Automotive Artificial Intelligence Market by Application, 2022 - 2028, USD Million
TABLE 64 Germany Automotive Artificial Intelligence Market by Process, 2018 - 2021, USD Million
TABLE 65 Germany Automotive Artificial Intelligence Market by Process, 2022 - 2028, USD Million
TABLE 66 Germany Automotive Artificial Intelligence Market by Technology, 2018 - 2021, USD Million
TABLE 67 Germany Automotive Artificial Intelligence Market by Technology, 2022 - 2028, USD Million
TABLE 68 Germany Automotive Artificial Intelligence Market by Offering, 2018 - 2021, USD Million
TABLE 69 Germany Automotive Artificial Intelligence Market by Offering, 2022 - 2028, USD Million
TABLE 70 Germany Automotive Artificial Intelligence Market by Component, 2018 - 2021, USD Million
TABLE 71 Germany Automotive Artificial Intelligence Market by Component, 2022 - 2028, USD Million
TABLE 72 UK Automotive Artificial Intelligence Market, 2018 - 2021, USD Million
TABLE 73 UK Automotive Artificial Intelligence Market, 2022 - 2028, USD Million
TABLE 74 UK Automotive Artificial Intelligence Market by Application, 2018 - 2021, USD Million
TABLE 75 UK Automotive Artificial Intelligence Market by Application, 2022 - 2028, USD Million
TABLE 76 UK Automotive Artificial Intelligence Market by Process, 2018 - 2021, USD Million
TABLE 77 UK Automotive Artificial Intelligence Market by Process, 2022 - 2028, USD Million
TABLE 78 UK Automotive Artificial Intelligence Market by Technology, 2018 - 2021, USD Million
TABLE 79 UK Automotive Artificial Intelligence Market by Technology, 2022 - 2028, USD Million
TABLE 80 UK Automotive Artificial Intelligence Market by Offering, 2018 - 2021, USD Million
TABLE 81 UK Automotive Artificial Intelligence Market by Offering, 2022 - 2028, USD Million
TABLE 82 UK Automotive Artificial Intelligence Market by Component, 2018 - 2021, USD Million
TABLE 83 UK Automotive Artificial Intelligence Market by Component, 2022 - 2028, USD Million
TABLE 84 France Automotive Artificial Intelligence Market, 2018 - 2021, USD Million
TABLE 85 France Automotive Artificial Intelligence Market, 2022 - 2028, USD Million
TABLE 86 France Automotive Artificial Intelligence Market by Application, 2018 - 2021, USD Million
TABLE 87 France Automotive Artificial Intelligence Market by Application, 2022 - 2028, USD Million
TABLE 88 France Automotive Artificial Intelligence Market by Process, 2018 - 2021, USD Million
TABLE 89 France Automotive Artificial Intelligence Market by Process, 2022 - 2028, USD Million
TABLE 90 France Automotive Artificial Intelligence Market by Technology, 2018 - 2021, USD Million
TABLE 91 France Automotive Artificial Intelligence Market by Technology, 2022 - 2028, USD Million
TABLE 92 France Automotive Artificial Intelligence Market by Offering, 2018 - 2021, USD Million
TABLE 93 France Automotive Artificial Intelligence Market by Offering, 2022 - 2028, USD Million
TABLE 94 France Automotive Artificial Intelligence Market by Component, 2018 - 2021, USD Million
TABLE 95 France Automotive Artificial Intelligence Market by Component, 2022 - 2028, USD Million
TABLE 96 Russia Automotive Artificial Intelligence Market, 2018 - 2021, USD Million
TABLE 97 Russia Automotive Artificial Intelligence Market, 2022 - 2028, USD Million
TABLE 98 Russia Automotive Artificial Intelligence Market by Application, 2018 - 2021, USD Million
TABLE 99 Russia Automotive Artificial Intelligence Market by Application, 2022 - 2028, USD Million
TABLE 100 Russia Automotive Artificial Intelligence Market by Process, 2018 - 2021, USD Million
TABLE 101 Russia Automotive Artificial Intelligence Market by Process, 2022 - 2028, USD Million
TABLE 102 Russia Automotive Artificial Intelligence Market by Technology, 2018 - 2021, USD Million
TABLE 103 Russia Automotive Artificial Intelligence Market by Technology, 2022 - 2028, USD Million
TABLE 104 Russia Automotive Artificial Intelligence Market by Offering, 2018 - 2021, USD Million
TABLE 105 Russia Automotive Artificial Intelligence Market by Offering, 2022 - 2028, USD Million
TABLE 106 Russia Automotive Artificial Intelligence Market by Component, 2018 - 2021, USD Million
TABLE 107 Russia Automotive Artificial Intelligence Market by Component, 2022 - 2028, USD Million
TABLE 108 Spain Automotive Artificial Intelligence Market, 2018 - 2021, USD Million
TABLE 109 Spain Automotive Artificial Intelligence Market, 2022 - 2028, USD Million
TABLE 110 Spain Automotive Artificial Intelligence Market by Application, 2018 - 2021, USD Million
TABLE 111 Spain Automotive Artificial Intelligence Market by Application, 2022 - 2028, USD Million
TABLE 112 Spain Automotive Artificial Intelligence Market by Process, 2018 - 2021, USD Million
TABLE 113 Spain Automotive Artificial Intelligence Market by Process, 2022 - 2028, USD Million
TABLE 114 Spain Automotive Artificial Intelligence Market by Technology, 2018 - 2021, USD Million
TABLE 115 Spain Automotive Artificial Intelligence Market by Technology, 2022 - 2028, USD Million
TABLE 116 Spain Automotive Artificial Intelligence Market by Offering, 2018 - 2021, USD Million
TABLE 117 Spain Automotive Artificial Intelligence Market by Offering, 2022 - 2028, USD Million
TABLE 118 Spain Automotive Artificial Intelligence Market by Component, 2018 - 2021, USD Million
TABLE 119 Spain Automotive Artificial Intelligence Market by Component, 2022 - 2028, USD Million
TABLE 120 Italy Automotive Artificial Intelligence Market, 2018 - 2021, USD Million
TABLE 121 Italy Automotive Artificial Intelligence Market, 2022 - 2028, USD Million
TABLE 122 Italy Automotive Artificial Intelligence Market by Application, 2018 - 2021, USD Million
TABLE 123 Italy Automotive Artificial Intelligence Market by Application, 2022 - 2028, USD Million
TABLE 124 Italy Automotive Artificial Intelligence Market by Process, 2018 - 2021, USD Million
TABLE 125 Italy Automotive Artificial Intelligence Market by Process, 2022 - 2028, USD Million
TABLE 126 Italy Automotive Artificial Intelligence Market by Technology, 2018 - 2021, USD Million
TABLE 127 Italy Automotive Artificial Intelligence Market by Technology, 2022 - 2028, USD Million
TABLE 128 Italy Automotive Artificial Intelligence Market by Offering, 2018 - 2021, USD Million
TABLE 129 Italy Automotive Artificial Intelligence Market by Offering, 2022 - 2028, USD Million
TABLE 130 Italy Automotive Artificial Intelligence Market by Component, 2018 - 2021, USD Million
TABLE 131 Italy Automotive Artificial Intelligence Market by Component, 2022 - 2028, USD Million
TABLE 132 Rest of Europe Automotive Artificial Intelligence Market, 2018 - 2021, USD Million
TABLE 133 Rest of Europe Automotive Artificial Intelligence Market, 2022 - 2028, USD Million
TABLE 134 Rest of Europe Automotive Artificial Intelligence Market by Application, 2018 - 2021, USD Million
TABLE 135 Rest of Europe Automotive Artificial Intelligence Market by Application, 2022 - 2028, USD Million
TABLE 136 Rest of Europe Automotive Artificial Intelligence Market by Process, 2018 - 2021, USD Million
TABLE 137 Rest of Europe Automotive Artificial Intelligence Market by Process, 2022 - 2028, USD Million
TABLE 138 Rest of Europe Automotive Artificial Intelligence Market by Technology, 2018 - 2021, USD Million
TABLE 139 Rest of Europe Automotive Artificial Intelligence Market by Technology, 2022 - 2028, USD Million
TABLE 140 Rest of Europe Automotive Artificial Intelligence Market by Offering, 2018 - 2021, USD Million
TABLE 141 Rest of Europe Automotive Artificial Intelligence Market by Offering, 2022 - 2028, USD Million
TABLE 142 Rest of Europe Automotive Artificial Intelligence Market by Component, 2018 - 2021, USD Million
TABLE 143 Rest of Europe Automotive Artificial Intelligence Market by Component, 2022 - 2028, USD Million
TABLE 144 key information – Microsoft Corporation
TABLE 145 Key information – IBM Corporation
TABLE 146 Key Information – Google LLC
TABLE 147 Key Information – Intel Corporation
TABLE 148 Key Information – NVIDIA Corporation
TABLE 149 Key Information – Harman International Industries, Inc.
TABLE 150 key Information – Hyundai Motor Company
TABLE 151 key Information – Tesla, Inc.
TABLE 152 Key Information – Qualcomm, Inc.
TABLE 153 key information – Mitsubishi Electric Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Acquisition and Mergers: 2019, Oct – 2022, Sep) Leading Players
FIG 5 Recent strategies and developments: Microsoft Corporation
FIG 6 SWOT Analysis: Microsoft Corporation
FIG 7 Swot analysis: IBM Corporation
FIG 8 SWOT Analysis: Alphabet Inc. (Google LLC)
FIG 9 SWOT analysis: Intel corporation
FIG 10 SWOT Analysis: NVIDIA Corporation
FIG 11 Recent strategies and developments: Harman International Industries, Inc.
FIG 12 SWOT Analysis: Samsung Electronics CO. Ltd.
FIG 13 SWOT Analysis: Hyundai Motor Company
FIG 14 SWOT ANALYSIS: TESLA, INC.
FIG 15 Recent strategies and developments: Qualcomm, Inc.