Christy Publications Artificial Intelligence in Automotive Market
Artificial Intelligence in Automotive Market will Explore Robust
Size & Growth During 2018-2026
Artificial Intelligence in Automotive Market study provides key insights
about market drivers, restraints, opportunities, new product launches or
approval, regional outlook, and competitive strategies adopted by the
leading players.
Artificial Intelligence is increasingly being adopted in the automotive sector, in order to reduce
human errors and human intervention. Artificial intelligence autonomously enhances visual
perception, decision making, and speech recognition. The increasing government regulations
for vehicle safety become one of the major driver for the growth of the market.
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Increasing demand for autonomous vehicles is a major factor driving growth of the artificial
intelligence in automotive market
Increasing demand for autonomous vehicles is expected to support growth of the artificial
intelligence in automotive market. Increasing number of road accidents and fatal injuries, due
to human errors has led to increasing demand for autonomous vehicles. For instance, according
to the World Health Organization (WHO), 2015, fatalities of 1.25 million people were reported
and 50 million people were injured, due to road accidents globally. Therefore, using
autonomous vehicles could reduce accidents due to human errors. Key automakers are focusing
on developing autonomous vehicles, which is expected to aid in growth of the market. For