Artificial Intelligence In Automotive Market - Top Companies and Manufacturers

Companies Dominating the Automotive Artificial Intelligence Landscape

Leading companies in the automotive artificial intelligence market are now investing to develop their autonomous driving technologies. They are pushing research and innovation in this sector to offer improved user experience. The updated software-driven vehicles are now capable of delivering real-time insight data. ADAS solutions are being launched to suit and enhance EV operations. In May 2024, Autobrains launched a new design for an ADAS solution to implement liquid AI in EVs for China. Many automakers are partnering with tech companies to accelerate AI development. The key players in the automotive AI sector include:

Intel Corporation
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Waymo, LLC.
IBM Corporation
Microsoft Corporation
Nvidia Corporation
Xilinx, Inc.
Micron Technology, Inc.
Tesla, Inc.
General Motors Company
Ford Motor Company

Browse Key Market Insights with Data Illustration:

Automotive Artificial Intelligence (AI) Market Size & Share | Growth Forecasts 2037

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In September 2024, Microsoft collaborated with KT in engineering to develop industry-specific AI solutions for the South Korea market. According to the agreement, KT will have access to leverage Microsoft Copilot Studio and Azure Studio. The collaboration is aimed at building customized AI systems for usage in industries, including in-vehicle infotainment.
In May 2024, Intel Corporation launched an AI-enhanced software-defined vehicle (SDV) system-on-chip (SoC) to power the next-generation vehicles of China. In collaboration with Neusoft and ThunderSoft, Intel plans to develop this technology to create intelligent cockpits for automakers.

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of the automotive artificial intelligence market was over USD 4.1 billion.

The market size for the automotive artificial intelligence market is projected to reach USD 80.8 billion by the end of 2037 expanding at a CAGR of 28.2% during the forecast period i.e., between 2025-2037.

The major players in the market are Intel Corporation, Waymo, LLC., IBM Corporation, Microsoft Corporation, Nvidia Corporation, Xilinx, Inc., Micron Technology, Inc., Tesla, Inc., General Motors Company, Ford Motor Company, and others.

In terms of offerings, the hardware segment is anticipated to garner the largest market share of 76.6% by 2037 and display lucrative growth opportunities during 2025-2037.

The market in North America is projected to hold the largest market share of 39.0% by the end of 2037 and provide more business opportunities in the future.

Artificial Intelligence In Automotive Market - Top Companies and Manufacturers

Companies Dominating the Automotive Artificial Intelligence Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How big is the automotive artificial intelligence (AI) market?

What is the outlook for the automotive AI market?

Who are the major players dominating the automotive artificial intelligence market?

Which offering segment will capture the significant market share for the automotive AI market by 2037?

Which region will provide more business opportunities for the growth of the automotive artificial intelligence (AI) market in the future?