In-Cabin Automotive AI Market 2022: Industry Growth, Competitive Analysis, Future Prospects and Forecast 2027

According to MarkNtel Advisors study the Global In-Cabin Automotive Artificial Intelligence (AI) Market is anticipated to grow at a CAGR of around 40% during the forecast period, i.e., 2022-27.

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Key Findings of the Study: In-Cabin Automotive AI Market

Key Drivers

• Increasing demand for personalized customer experience.
• Burgeoning demand for autonomous vehicles
• Rising safety concerns associated with car driving

Growth Challenges

• High cost of installing components like CCD cameras and infrared LED detectors
• Shortage of proper infrastructure
• Complex design issues.

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Scope of the Report and In-Cabin Automotive AI Market Segmentation:

By Application

• Occupant Monitoring System
• Driver Monitoring System 
• Conversation Assistance
• Smart HVAC
• Others

By Product

• Radar
• Camera
• Voice Assistant
• Smart Sensor
• Others

By Level of Automation

• Level 0
• Level 1
• Level 2
• Level 3
• Level 4
• Level 5

By Vehicle Price Category

• Budget (Up to USD30,000)
• Economy (USD30,001 to USD 50,000)
• Premium (Above USD50,000)

Cameras are used extensively for parking assist, lane assist, auto braking, and intelligent headlight adjustments.

Geographical Analysis:

By Region

• North America
• South America
• Europe
• Asia-Pacific

Of them all, Europe grabbed a significant share in the Global In-Cabin Automotive AI Market during 2017-21. 

Note: If you require specific information not covered in the current report, we can provide it through customized option

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