AI Cars & Light Trucks Market to Reach USD 3.6 Trn by 2023, States WinterGreen Research in Its Report Available at MarketPublishers.com14 Sep 2017 • by Natalie Aster
LONDON – The artificial intelligence (AI) cars and light trucks market is poised to gain significant momentum to grow to USD 3.6 trillion by 2023. Fleet cars from Uber, Google, among others, will likely be the first to be adopted, generating vehicles that do package delivery and ride-sharing. Mercedes, Tesla, and Audi are amid the vendors dominating the markets for personal luxury vehicle AI cars. These vehicles offer performance and cater to personalised choices for styling and feature function packages.
Every car manufacturer seeks to get involved in the AI personal vehicle industry. The ability to do so is reliant upon the implementation of next generation technology that is very costly to get working. Vendors are looking to team up to lay down standards and create shared modules that deliver basic functionality. Sensors, cameras, AI software, and LiDAR are amid the modules under development.
Worldwide, the AI car and light truck commercial sector is projected to be valued at USD 3.6 trillion by end-2023.
Topical market research report “Artificial Intelligence Cars and Light Trucks Market Shares, Strategies, and Forecasts” elaborated by WinterGreen Research offers an in-depth, unprejudiced evaluation of the market on a global level.
The research study defines the marketplace and examines the market dynamics, covering AI in cars, advanced AI technology, urban shift to mega areas, AI car enabling technologies, as well as the challenges to the market growth. It examines the AI in personal vehicles market shares and provides market outlook, including an analysis of the key market driving forces; market shares; AI car & light truck software, component, and vehicle auto industry forecasts; autonomous vehicle IoT chipsets and software; AI car and truck prices; market segmentation by region. The research report provides a description of major products; a detailed technology overview. Furthermore, the report includes profiles of the leading companies.
More topical research publications elaborated by this publisher are at hand at WinterGreen Research page.