PPT-In-Cabin Automotive AI Market Insight, Trends

The global incabin automotive AI market is growing at a high rate because of the flourishing automotive industry and the increasing focus towards offering overall comfort and enhanced experience to the driver along with the stringent government regulations regarding driving safety. As the world steadily moves towards a hyper-connected ecosystem, consumers across the global become more needful of communication technologies that are compatible with multiple platforms. Despite sluggishness in the sales of automotive vehicles in the past, the automotive tire market growth remained buoyant registering a CAGR of 4.2% during the 2012-2016 period. Manufacturers are inclined toward using glass material for automotive windshield on the back of high durability and strength offered by glass. The surge of automobile production is slated as one of the predominant factors linked with environmental deterioration.The rising popularity of engine downsizing is pushing the growth of automotive turbochargers market. Superabsorbent polymers have perceived increased penetration in the medical sector, with rapid technological developments, and significant funding from investors to research facilities for developing high performance products. The PBT marketplace continues to witness introduction of new polymer formulations or innovative integration of PBT with other materials. The polyphenylene sulfide (PPS) resins market is thoroughly studied in terms production, consumption and application-wise utilization. Resurgence in the sales of automobiles during the 2013-2017 period bolstered automotive gear shift system market growth which witnessed a CAGR of 3.7% during the period. Sales of automotive tubeless tires generated revenues worth US$ 148 Bn in 2018 and are anticipated to exceed US$ 158 Bn by the end of 2019. Resurgent sales of automobiles around the world after the recession of 2008 was a vital factor which bolstered automotive seats market growth. The global in-cabin automotive AI market is growing at a high rate because of the flourishing automotive industry and the increasing focus towards offering overall comfort and enhanced experience to the driver, along with the stringent government regulations regardingdriving safety. The global electric vehicle market is estimated to have reached USD 121.8 billion in 2020 and is further projected to reach USD 236.3 billion by 2027, growing at a CAGR of 10.6% during the forecast period A study recently conducted by the strategic consulting and market research firm BlueWeave Consulting, revealed that global probiotics market was worth USD 57.4 Billion in the year 2020. It is estimated to grow at a CAGR of 8.0%, earning revenue of around USD 97.8 Billion by the end of 2027. IoT in Automotive Market- Global Industry Size, Share, Trend Analysis, Outlook, Growth, Opportunity and Forecast, 2017-2027, Segmented By Offering (Hardware, Software, Service), By Connectivity Form Factor (Embedded, Tethered, Integrated), By Communication Type (In-Vehicle, Vehicle-to-Vehicle, Vehicle-to-Infrastructure), By Application (Navigation, Telematics, Infotainment), By Region (North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle-East & Africa (MEA)