Automotive Artificial Intelligence Hardware
Market
Automotive Artificial Intelligence Hardware Market
Scope: Industry Analysis, Market Size, Growth,
Trends Till 2031
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Automotive Artificial Intelligence Hardware Market Size and Growth
The Automotive Artificial Intelligence Hardware market is experiencing significant growth, driven by increasing demand for advanced driver assistance systems and autonomous vehicles. As of 2023, the market size is estimated to exceed $10 billion, reflecting a robust projected CAGR of over 25% through the next five years, influenced by technological advancements and regulatory support.
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Companies Covered
(Covid 19 Impact Covered)
◍ Nvidia
◍ Intel Corporation
◍ Qualcomm
◍ Micron Technology
◍ Tesla
◍ Horizon Robotics
The Automotive AI Hardware Market features Nvidia, Intel, Qualcomm, Micron, Tesla, and Horizon Robotics, each driving innovation and growth through advanced AI chips for autonomous driving, in-car assistance, and data processing. Key revenue figures include:
- Nvidia: $26.91 billion
- Intel: $63.05 billion
- Qualcomm: $33.57 billion
Their contributions enhance market expansion.
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Market Segmentation
By Application
◍ Human-Machine Interface
◍ Semi-autonomous Driving
◍ Autonomous Driving
◍ Identity Authentication
◍ Driver Monitoring
◍ Autonomous Driving Processor Chips
By Product
◍ Graphics processing unit (GPU)
◍ Microprocessors (Incl. ASIC)
◍ Field Programmable Gate Array (FPGA)
◍ Memory and Storage systems
◍ Image Sensors
◍ Biometric Scanners
◍ Others
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Market Growth
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$ X Billion USD
