Category Archives: MRR

MRR

Global Automotive Artificial Intelligence Strategic Business Report 2023: The Age of AI Has Arrived & Here’s How it Promises to Revolutionize Automobiles

Global Automotive Artificial Intelligence Strategic Business Report 2023: The Age of AI Has Arrived & Here’s How it Promises to Revolutionize Automobiles

DUBLIN, June 16, 2023 /PRNewswire/ — The “Automotive Artificial Intelligence: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.

Global Automotive Artificial Intelligence Market to Reach $14.8 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Automotive Artificial Intelligence estimated at $3.2 Billion in the year 2022, is projected to reach a revised size of $14.8 Billion by 2030, growing at a CAGR of 20.9% over the analysis period 2022-2030.

Software, one of the segments analyzed in the report, is projected to record 22.5% CAGR and reach $9.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Hardware segment is readjusted to a revised 18.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 23.1% CAGR

The Automotive Artificial Intelligence market in the U.S. is estimated at $1.2 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of $2.4 Billion by the year 2030 trailing a CAGR of 23.1% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 16.3% and 18.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 20.3% CAGR.

Looking Ahead to 2023

Lower capital expenditure is in the offing as companies go slow on investments, held back by inflation worries and weaker demand. With slower growth and high inflation, developed markets seem primed to enter into a recession.

Fears of new COVID outbreaks and China’s already uncertain post-pandemic path poses a real risk of the world experiencing more acute supply chain pain and manufacturing disruptions this year.

Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced.

Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

What’s New for 2023?

– Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its ‘bumpy’ reopening; supply chain disruptions, global trade tensions; and risk of recession.
– Global competitiveness and key competitor percentage market shares
– Market presence across multiple geographies – Strong/Active/Niche/Trivial
– Online interactive peer-to-peer collaborative bespoke updates
– Access to digital archives and Research Platform
– Complimentary updates for one year

Key Topics Covered:

MARKET OVERVIEW
– The Age of AI Has Arrived & Here’s How it Promises to Revolutionize Automobiles
– Evolution & Growth of AI as Measured by the Robust Spending on AI Enablement, Primes the Technology for Use in Automobiles: Global Market for Artificial Intelligence (AI) (In US$ Billion) for Years 2021, 2023, 2025 & 2027
– How & Where is AI Used in the Automobile Industry?: % Breakdown of Automotive AI Spending by Application Area as of the Year 2022
– Global Economic Update
– Competition
– Automotive Artificial Intelligence – Global Key Competitors Percentage Market Share in 2022 (E)
– Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
– Automotive Artificial Intelligence: Global Market Prospects & Outlook
– World Brands
– Recent Market Activity
– Innovations

MARKET TRENDS & DRIVERS
– Growing Demand for Connected & Safe In-Car Infotainment Systems to Expand Use of AI Technology in Vehicles
– AI Integration into In-Vehicle Infotainment Systems Gathers Momentum, Supported by Strong Demand for Intuitive, Smarter & Safer Systems: Global Automotive Infotainment Market Opportunity (in US$ Billion) by Geographic Region for the Years 2021, 2023, 2025 and 2027
– Swift Progress Towards Autonomous Vehicle Commercialization to Drive the Importance of AI Technology
– Exhibit Global Autonomous Vehicle Sales (In Million) for Years 2020, 2025 & 2030
– Against the Backdrop of Rising Automobile Thefts, AI Makes It Presence Felt in the Vehicle Access Control Space
– As the Number of Cars Stolen Each Year Increases, AI Emerges Into the Spotlight for its Ability to Make Vehicle Access Control Systems More Fool Proof: Vehicle Thefts (In 000 Vehicles) in the United States for the Years 2019 through 2022
– Motor Vehicle Theft in the United States by Area Type as of the Year 2022
– Growing Popularity of In-Car Payments Bodes Well for the Adoption of AI in Automobiles
– The Need for Intuitive & Safer Vehicle HMI Solutions Drives the Use of AI
– Robust Innovations in the Automotive HMI Market Bodes Well for Adoption of AI Technology in HMI R&D, Design and Development: Global Market for Automotive HMI (In US$ Billion) for Years 2022, 2024, 2026, 2028 and 2030
– Focus on Driver Behavior Intelligence Expands the Role of AI in Driver Monitoring
– Here’s How AI Enables Secure Vehicular Communication in the Era of Internet of Cars

FOCUS ON SELECT PLAYERS (Total 133 Featured)
– Argo AI, LLC
– Ather Energy
– Audi AG
– Automotive Artificial Intelligence (AAI) GmbH
– BMW AG
– Mercedes-Benz Group AG
– Ford Motor Company
– General Motors Company
– German Autolabs
– Harman International Industries Inc.
– Honda Motor Co. Ltd.
– Hyundai Motor Corporation
– IBM Corporation
– iGloble Software Solutions Pvt. Ltd.
– Intel Corporation
– Micron Technology, Inc.
– Microsoft Corporation
– Mitsubishi Electric Corporation
– Motional, Inc.
– Nauto
– Nvidia Corporation
– Qualcomm Inc.
– Refraction AI
– SapientX, Inc.
– Soniclue
– Tesla Inc.
– Tractable (UK)
– Uber Technologies Inc.
– Volvo Car Corporation
– Xilinx Inc.

For more information about this report visit https://www.researchandmarkets.com/r/qlu8eg

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1904
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets

MRR

Global Natural Gas Vehicles (NGVs) Strategic Business Report 2023: Stringent Vehicular Emission Norms Throws the Focus Squarely on NGVs

Global Natural Gas Vehicles (NGVs) Strategic Business Report 2023: Stringent Vehicular Emission Norms Throws the Focus Squarely on NGVs

DUBLIN, June 16, 2023 /PRNewswire/ — The “Natural Gas Vehicles (NGVs): Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.

The global market for Natural Gas Vehicles (NGVs) estimated at 25.2 Million Units in the year 2022, is projected to reach a revised size of 42.3 Million Units by 2030, growing at a CAGR of 6.7% over the analysis period 2022-2030.

Light Duty Vehicles, one of the segments analyzed in the report, is projected to record a 6.8% CAGR and reach 39 Million Units by the end of the analysis period.

Taking into account the ongoing post-pandemic recovery, growth in the Medium & Heavy Duty Trucks segment is readjusted to a revised 6% CAGR for the next 8-year period.

The U.S. Market is Estimated at 172.2 Thousand Units, While China is Forecast to Grow at 7.4% CAGR

The Natural Gas Vehicles (NGVs) market in the U.S. is estimated at 172.2 Thousand Units in the year 2022. China, the world’s second-largest economy, is forecast to reach a projected market size of 9.9 Million Units by the year 2030 trailing a CAGR of 7.4% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.9% and 5.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.7% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach 11.6 Million Units by the year 2030.

Select Competitors (Total 55 Featured) –
AB Volvo
Bajaj Auto Limited
Bayerische Motoren Werke AG
CNH Industrial N.V.
Daimler AG
Dongfeng Motor Corporation
Ford Motor Company
General Motors Company
Landi Renzo S.p.A.
Opel Automobile GmbH
PACCAR Inc.
Tata Motors Limited

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
– Influencer Market Insights
– World Market Trajectories
– Natural Gas Vehicles (NGVs) – Global Key Competitors Percentage Market Share in 2022 (E)
– Difficult to Reduce Carbon Footprint of the Automotive Industry Shifts Focus to Alternate Fuel Vehicles
– Inability of Conventional ICE Powered Vehicles to Demonstrate Desired Reductions in CO2 Emissions to Drive the Focus on Alternative Fuel Vehicles: Official Laboratory CO2 Reduction Claims Vs On-Road Emission Efficiency (In Grams per Kilometer) for the Years 2008, 2010, 2012, 2014, 2016, 2018, and 2020
– Year 2020 Has Been a Year of Astounding Disruption & Unbelievable Transformation
– COVID-19 Leaves the World in Shambles & Industries and Markets Upended: World Economic Growth Projections (Real GDP, Annual % Change) for 2019 to 2022
– Continued High Unemployment Levels Challenges Growth in Industries Reliant on Consumer Discretionary Incomes: Global Number of Unemployed People (In Million) for Years 2017, 2019, 2020, and 2022
– As Mass Vaccination Drives Get Underway Worldwide, Will It Change the Existing Economic Realities? & Is it Really the Silver Bullet We Were Waiting For?
– How Fast the World is Vaccinated Will Determine How Soon the Pandemic Will End: Global Number of COVID-19 Vaccinations (Per 100 People) As of February 2021 by country
– Global Number of Annual COVID-19 Vaccine Doses (In Million) for Years 2020 through 2025 by Geographic Region/Country
– How the Automotive & Clean-Tech Industries Are Impacted by the Pandemic & What’s the New Normal?
– The Automotive Industry
– Global Automotive Market Reset & Trajectory – Growth Outlook (In %) For Years 2019 Through 2025
– Clean Technologies
– A Strong Rebound in Clean Technologies Brings Good News for NGVs: Global Clean Technologies Market Reset & Trajectory – Growth Outlook (In %) For Years 2019 Through 2025
– Natural Gas Vehicles (NGVs) – Definition & Scope
– Recent Market Activity
– Innovations
– Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
– Growing Global Focus on Decarbonizing the World Offers Attractive Opportunities for NGVs in Decarbonizing the Transportation Sector
– Stringent Vehicular Emission Norms Throws the Focus Squarely on NGVs
– A Review of Environmental & Emission Norms Legislated Till Date
– With Transportation Accounting for Close to 23.2% of Global GHG Emissions, the Time is Ripe for the Adoption of an Integrated Approach Towards Reducing CO2 Involving NGVs: Global CO2 Emissions (In Billion Metric Tons) for the Year 2021
– Post COVID-19 Focus on Sustainability Will Drive NGV Adoption in Creating a Cleaner & Greener Transportation Industry
– Here’s Why the Environment & Sustainability Will be Top Priorities After the Pandemic
– Compliance Standards for Reducing Emissions from Vehicles to Become Stricter, Post Pandemic Global GHG Emissions from Transportation (In Billion Tons of CO2) for the Year 2021
– How NGVs Can Help Address the Sustainability Challenge?
– Cost Benefits, Environmental Motives and Government Incentives Catalyze Adoption Rates of NGVs
– Commercial Vehicle Fleet Owners Adopt NGVs to Meet Carbon Footprint Goals & Drive Profits Through Higher Fuel Economy
– Rising Popularity of EVs. What Does it Mean for NGVs
– Global EV Market Outlook
– Growing Number of EVs On Road, Will It Dislodge Technology Investments in NGVs: Number of EVs On Road Worldwide by Type (In 000 Units) for the Years 2019 and 2022
– NGVs Will Continue to Have a Future Alongside EVs, Here’s Why?
– Initiatives Undertaken for the Development of Fueling Infrastructure Spurs NGV Penetration
– Bio-CNG Vehicles Emerge to Counter the Methane Emission Threat Posed by NGVs
– Cost Pressures in the Logistics Industry Spurs Market Opportunities for Natural Gas as a Cost-Effective Alternate Fuel
– Focus on Road Infrastructure Development Post Pandemic to Ensure Sustained Growth of NGVs in Road Freight Transportation
– Continuous Development of World’s Highways to Expand Market Opportunities for Commercial Vehicle NGVs: Length of Road Networks (In 000 Kilometers) in Top 15 Countries Worldwide for the Year 2020
– Natural Gas Market Outlook
– How Shale Gas Revolution Has Lowered Natural Gas Prices?
– Despite the Strengthening of Prices Post 2020 Crisis, Natural Gas Still Remains Cheap
– Growing Competition from Liquid Biofuels Pose a Challenge to Market Prospects

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/931zkb

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products, and the latest trends.

Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1904
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets