Automotive Artificial Intelligence (AI) Market Size, Share, Growth Analysis, By Technology(cameras, RADAR, GPS, LiDAR), By End user(Autonomous Driving, Semi-Autonomous Driving, Human–Machine Interface), By Region - Industry Forecast 2024-2031

The Automotive Artificial Intelligence Market in North America is expected to grow at a high rate. The early adoption of technologies such as AI, machine learning, deep learning and automation. Additionally, the growing trend toward autonomous and electric vehicles and increasing implementation of driver assistance technologies contributes to the increase in per capita income in the region. This is some of the aspects that continue to lead the North American region.

Asia-Pacific is experiencing significant growth across all fronts, including consumer electronics, internet infrastructure, economic growth, and spending opportunities. Increased demand for luxury vehicles, increased investment in AI technology to improve productivity, and introduction of AI-based solutions and services for autonomous and semi-autonomous applications are all driving growth in the region, driven by government initiatives contribute.

The South Korean government aims to invest significant resources worth USD 6.15 billion to expand its nationwide production of automation systems and industrial robots. Several cases similar to the above point to positive growth in the Asia-Pacific automated artificial intelligence market. In addition, the development of internet and connectivity infrastructure, increasing adoption of smart solutions to automate operations, and increasing digitization are also contributing to the market growth in the region.