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.
Free Valuable Insights: The Global Automotive Artificial Intelligence Market is Estimated to reach $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
- 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.
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 KBV 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
TABLE 1 North America Automotive Artificial Intelligence Market, 2018 - 2021, USD Million
TABLE 2 North America 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 North America Automotive Artificial Intelligence Market by Application, 2018 - 2021, USD Million
TABLE 7 North America Automotive Artificial Intelligence Market by Application, 2022 - 2028, USD Million
TABLE 8 North America Human–Machine Interface Market by Country, 2018 - 2021, USD Million
TABLE 9 North America Human–Machine Interface Market by Country, 2022 - 2028, USD Million
TABLE 10 North America Driver Monitoring Market by Country, 2018 - 2021, USD Million
TABLE 11 North America Driver Monitoring Market by Country, 2022 - 2028, USD Million
TABLE 12 North America Autonomous & Semi-autonomous Driving Market by Country, 2018 - 2021, USD Million
TABLE 13 North America Autonomous & Semi-autonomous Driving Market by Country, 2022 - 2028, USD Million
TABLE 14 North America Identity Authentication Market by Country, 2018 - 2021, USD Million
TABLE 15 North America Identity Authentication Market by Country, 2022 - 2028, USD Million
TABLE 16 North America Autonomous Driving Processor Chips Market by Country, 2018 - 2021, USD Million
TABLE 17 North America Autonomous Driving Processor Chips Market by Country, 2022 - 2028, USD Million
TABLE 18 North America Automotive Artificial Intelligence Market by Process, 2018 - 2021, USD Million
TABLE 19 North America Automotive Artificial Intelligence Market by Process, 2022 - 2028, USD Million
TABLE 20 North America Signal Recognition Market by Country, 2018 - 2021, USD Million
TABLE 21 North America Signal Recognition Market by Country, 2022 - 2028, USD Million
TABLE 22 North America Image Recognition Market by Country, 2018 - 2021, USD Million
TABLE 23 North America Image Recognition Market by Country, 2022 - 2028, USD Million
TABLE 24 North America Data Mining Market by Country, 2018 - 2021, USD Million
TABLE 25 North America Data Mining Market by Country, 2022 - 2028, USD Million
TABLE 26 North America Automotive Artificial Intelligence Market by Technology, 2018 - 2021, USD Million
TABLE 27 North America Automotive Artificial Intelligence Market by Technology, 2022 - 2028, USD Million
TABLE 28 North America Deep Learning Market by Country, 2018 - 2021, USD Million
TABLE 29 North America Deep Learning Market by Country, 2022 - 2028, USD Million
TABLE 30 North America Machine Learning & Computer Vision Market by Country, 2018 - 2021, USD Million
TABLE 31 North America Machine Learning & Computer Vision Market by Country, 2022 - 2028, USD Million
TABLE 32 North America Natural Language Processing Market by Country, 2018 - 2021, USD Million
TABLE 33 North America Natural Language Processing Market by Country, 2022 - 2028, USD Million
TABLE 34 North America Context- aware Computing Market by Country, 2018 - 2021, USD Million
TABLE 35 North America Context- aware Computing Market by Country, 2022 - 2028, USD Million
TABLE 36 North America Automotive Artificial Intelligence Market by Offering, 2018 - 2021, USD Million
TABLE 37 North America Automotive Artificial Intelligence Market by Offering, 2022 - 2028, USD Million
TABLE 38 North America Software Market by Country, 2018 - 2021, USD Million
TABLE 39 North America Software Market by Country, 2022 - 2028, USD Million
TABLE 40 North America Hardware Market by Country, 2018 - 2021, USD Million
TABLE 41 North America Hardware Market by Country, 2022 - 2028, USD Million
TABLE 42 North America Automotive Artificial Intelligence Market by Component, 2018 - 2021, USD Million
TABLE 43 North America Automotive Artificial Intelligence Market by Component, 2022 - 2028, USD Million
TABLE 44 North America Graphics Processing Unit (GPU) Market by Country, 2018 - 2021, USD Million
TABLE 45 North America Graphics Processing Unit (GPU) Market by Country, 2022 - 2028, USD Million
TABLE 46 North America Microprocessors (Including ASIC) Market by Country, 2018 - 2021, USD Million
TABLE 47 North America Microprocessors (Including ASIC) Market by Country, 2022 - 2028, USD Million
TABLE 48 North America Field Programmable Gate Array (FPGA) Market by Country, 2018 - 2021, USD Million
TABLE 49 North America Field Programmable Gate Array (FPGA) Market by Country, 2022 - 2028, USD Million
TABLE 50 North America Memory & Storage Systems Market by Country, 2018 - 2021, USD Million
TABLE 51 North America Memory & Storage Systems Market by Country, 2022 - 2028, USD Million
TABLE 52 North America Image Sensors Market by Country, 2018 - 2021, USD Million
TABLE 53 North America Image Sensors Market by Country, 2022 - 2028, USD Million
TABLE 54 North America Biometric Scanners Market by Country, 2018 - 2021, USD Million
TABLE 55 North America Biometric Scanners Market by Country, 2022 - 2028, USD Million
TABLE 56 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 57 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 58 North America Automotive Artificial Intelligence Market by Country, 2018 - 2021, USD Million
TABLE 59 North America Automotive Artificial Intelligence Market by Country, 2022 - 2028, USD Million
TABLE 60 US Automotive Artificial Intelligence Market, 2018 - 2021, USD Million
TABLE 61 US Automotive Artificial Intelligence Market, 2022 - 2028, USD Million
TABLE 62 US Automotive Artificial Intelligence Market by Application, 2018 - 2021, USD Million
TABLE 63 US Automotive Artificial Intelligence Market by Application, 2022 - 2028, USD Million
TABLE 64 US Automotive Artificial Intelligence Market by Process, 2018 - 2021, USD Million
TABLE 65 US Automotive Artificial Intelligence Market by Process, 2022 - 2028, USD Million
TABLE 66 US Automotive Artificial Intelligence Market by Technology, 2018 - 2021, USD Million
TABLE 67 US Automotive Artificial Intelligence Market by Technology, 2022 - 2028, USD Million
TABLE 68 US Automotive Artificial Intelligence Market by Offering, 2018 - 2021, USD Million
TABLE 69 US Automotive Artificial Intelligence Market by Offering, 2022 - 2028, USD Million
TABLE 70 US Automotive Artificial Intelligence Market by Component, 2018 - 2021, USD Million
TABLE 71 US Automotive Artificial Intelligence Market by Component, 2022 - 2028, USD Million
TABLE 72 Canada Automotive Artificial Intelligence Market, 2018 - 2021, USD Million
TABLE 73 Canada Automotive Artificial Intelligence Market, 2022 - 2028, USD Million
TABLE 74 Canada Automotive Artificial Intelligence Market by Application, 2018 - 2021, USD Million
TABLE 75 Canada Automotive Artificial Intelligence Market by Application, 2022 - 2028, USD Million
TABLE 76 Canada Automotive Artificial Intelligence Market by Process, 2018 - 2021, USD Million
TABLE 77 Canada Automotive Artificial Intelligence Market by Process, 2022 - 2028, USD Million
TABLE 78 Canada Automotive Artificial Intelligence Market by Technology, 2018 - 2021, USD Million
TABLE 79 Canada Automotive Artificial Intelligence Market by Technology, 2022 - 2028, USD Million
TABLE 80 Canada Automotive Artificial Intelligence Market by Offering, 2018 - 2021, USD Million
TABLE 81 Canada Automotive Artificial Intelligence Market by Offering, 2022 - 2028, USD Million
TABLE 82 Canada Automotive Artificial Intelligence Market by Component, 2018 - 2021, USD Million
TABLE 83 Canada Automotive Artificial Intelligence Market by Component, 2022 - 2028, USD Million
TABLE 84 Mexico Automotive Artificial Intelligence Market, 2018 - 2021, USD Million
TABLE 85 Mexico Automotive Artificial Intelligence Market, 2022 - 2028, USD Million
TABLE 86 Mexico Automotive Artificial Intelligence Market by Application, 2018 - 2021, USD Million
TABLE 87 Mexico Automotive Artificial Intelligence Market by Application, 2022 - 2028, USD Million
TABLE 88 Mexico Automotive Artificial Intelligence Market by Process, 2018 - 2021, USD Million
TABLE 89 Mexico Automotive Artificial Intelligence Market by Process, 2022 - 2028, USD Million
TABLE 90 Mexico Automotive Artificial Intelligence Market by Technology, 2018 - 2021, USD Million
TABLE 91 Mexico Automotive Artificial Intelligence Market by Technology, 2022 - 2028, USD Million
TABLE 92 Mexico Automotive Artificial Intelligence Market by Offering, 2018 - 2021, USD Million
TABLE 93 Mexico Automotive Artificial Intelligence Market by Offering, 2022 - 2028, USD Million
TABLE 94 Mexico Automotive Artificial Intelligence Market by Component, 2018 - 2021, USD Million
TABLE 95 Mexico Automotive Artificial Intelligence Market by Component, 2022 - 2028, USD Million
TABLE 96 Rest of North America Automotive Artificial Intelligence Market, 2018 - 2021, USD Million
TABLE 97 Rest of North America Automotive Artificial Intelligence Market, 2022 - 2028, USD Million
TABLE 98 Rest of North America Automotive Artificial Intelligence Market by Application, 2018 - 2021, USD Million
TABLE 99 Rest of North America Automotive Artificial Intelligence Market by Application, 2022 - 2028, USD Million
TABLE 100 Rest of North America Automotive Artificial Intelligence Market by Process, 2018 - 2021, USD Million
TABLE 101 Rest of North America Automotive Artificial Intelligence Market by Process, 2022 - 2028, USD Million
TABLE 102 Rest of North America Automotive Artificial Intelligence Market by Technology, 2018 - 2021, USD Million
TABLE 103 Rest of North America Automotive Artificial Intelligence Market by Technology, 2022 - 2028, USD Million
TABLE 104 Rest of North America Automotive Artificial Intelligence Market by Offering, 2018 - 2021, USD Million
TABLE 105 Rest of North America Automotive Artificial Intelligence Market by Offering, 2022 - 2028, USD Million
TABLE 106 Rest of North America Automotive Artificial Intelligence Market by Component, 2018 - 2021, USD Million
TABLE 107 Rest of North America Automotive Artificial Intelligence Market by Component, 2022 - 2028, USD Million
TABLE 108 key information – Microsoft Corporation
TABLE 109 Key information – IBM Corporation
TABLE 110 Key Information – Google LLC
TABLE 111 Key Information – Intel Corporation
TABLE 112 Key Information – NVIDIA Corporation
TABLE 113 Key Information – Harman International Industries, Inc.
TABLE 114 key Information – Hyundai Motor Company
TABLE 115 key Information – Tesla, Inc.
TABLE 116 Key Information – Qualcomm, Inc.
TABLE 117 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.