The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), In-Cabin Automotive AI (Artificial Intelligence) Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.
In-Cabin Automotive AI (Artificial Intelligence) Industry Analytical Overview (2022-2027): Drivers, Opportunities, Challenges, and Trends,
According to the latest report, In-Cabin Automotive Artificial Intelligence (AI) Market is anticipated to grow at a CAGR of around 40% during the forecast period, i.e., 2022-27. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2022 to 2027.
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What is Included in In-Cabin Automotive AI (Artificial Intelligence) Market Segmentation?
The report has segmented the market into the following categories:
By Application
– Occupant Monitoring System
– Driver Monitoring System
– Conversation Assistance
– Smart HVAC
– Others
By Product
– Radar
– Camera
– Voice Assistant
– Smart Sensor
– Others
Cameras are used extensively for parking assist, lane assist, auto braking, and intelligent headlight adjustments. The monitoring system includes a Charge-Coupled Device (CCD) camera to track the driver’s eye. The deployment of the camera can improve driver, passenger, & road safety and allows the vehicle to know the driver’s state of mind & offer assistance as per the requirements.
In addition, cameras in the cabin identify the authenticity of the person sitting on the driver’s seat, which is a beneficial feature in ride-sharing to enhance passenger’s safety. The camera can detect unusual actions and can warn the driver by alarms. It, as a result, allows the driver to take appropriate action on time. Hence, these aspects are leading to the booming demand for cameras, which, in turn, is driving the global market.
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)
By Region
– North America
– South America
– Europe
– Asia-Pacific
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Who are the Key Players Operating in the In-Cabin Automotive AI (Artificial Intelligence) Industry?
The top companies of the In-Cabin Automotive AI (Artificial Intelligence) market ruling the industry are:
- 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
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FAQs (Frequently Ask Questions)
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- Which is the Leading segment in the market?
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