In today’s tech-savvy world, people want their vehicles to be as smart as their phones or computers. Thanks to artificial intelligence for bringing our vision of smart vehicles to reality! While the impact of AI is considerable in almost every business sector, AI in the automotive industry is immensely powerful.Starting from industrial robots at production factories to self-driving vehicles, AI has transformed the automotive industry in various ways. It is why Mercedes-Benz, Toyota, Volkswagen, Tesla, Volvo, Bosch, and many other large industry players are proactively adopting AI technology to improve the customer experience.Benefits of AI in the Automotive IndustryImproved SafetyOne ...

PRESS RELEASEPublished April 14, 2023 Description:Coherent Market Insights has recently published a Report, titled, “Artificial Intelligence in Automotive Market 2023 Analysis by Trends (Drivers, Constraints, Opportunities, Threats, Challenges, and Investment Opportunities), Size, Share, and Outlook.” The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segments, Porter’s Five Forces analysis, and the competitive landscape. All of the facts and information in the realistic Artificial Intelligence in Automotive market report helps businesses make better decisions and increase their return on investment (ROI). This market research study examines the market state, growth rate, future trends, market drivers, opportunities and challenges, ...

By Venkat Rajaraman, CEO & Founder, Cygni EnergyTechnology is rapidly transforming the automotive industry and is set to continue its dominance in the coming years of 2023-2024. In recent years, it has undergone a seismic shift, and this transformation is only going to accelerate in the years ahead. Advanced technologies such as artificial intelligence, machine learning, and the Internet of Things (IOT) are now at the forefront of the industry, paving the way for a new era of driving. As we look ahead to 2023-2024, it’s clear that technology will be the driving force behind the automotive industry’s evolution. With ...

What are PGMs and Why Does the Automotive Industry Need Them?Platinum group metals (PGMs) are a category of metals that include platinum, palladium, rhodium, ruthenium, osmium, and iridium. PGMs[1] are crucial to the automotive industry as they are required for autocatalysts within automotive catalytic converters and exhaust systems. These convert harmful pollutants into less dangerous carbon dioxide and water vapor.In 2020, 60% of global PGMs were utilized for autocatalysts, demonstrating the significance of PGMs to the auto industry.In the above graphic sponsor, KGP Auto[2] takes a look at the role PGMs will play in the future of decarbonizing the automotive industry. ...

Multi-Modal Transportation Multi-modal transportation is a system of transportation that combines various modes of transportation to give people more options for getting from one place to another. These modes of transportation can include buses, trains, bike-sharing programs, car-sharing services, and even walking. Multi-modal transportation is growing in popularity in urban areas because it provides an alternative to conventional single-mode transportation systems, such as the car.For instance, a commuter who lives in the suburbs but works in the city can use a park-and-ride lot, take the bus or train to the city, and then use a bike-sharing program to get to ...

The potential applications of ChatGPT in the automotive industry are pretty excitingDo you know anything about ChatGPT for the automotive industry? The automotive industry is being completely transformed by this cutting-edge AI technology, from the creation of sleek new models to the enhancement of consumer experiences. Buckle up because ChatGPT makes the automobile industry’s future exciting!The automotive industry has incorporated artificial intelligence into every aspect of company operations, with models like ChatGPT playing a critical role in this transformation. ChatGPT is being incorporated more and more into all facets of the automotive ecosystem as the sector develops, from design and manufacture ...

By Kanav SinglaThe metaverse is already beginning to take shape and is expected to impact every industry, especially the automotive industry. Its influence is already affecting every aspect of the automotive industry, including production, product customization, community, and customer loyalty. Furthermore, a wide range of new technologies is making the convergence of the physical and digital worlds possible. Given that one of the metaverse’s key characteristics is its potential to give users more control over the creation and customization of goods, the automotive industry is one of the sectors most ready to embrace its promise. This is opening up new ...

Automakers must use cutting-edge technologies to add fresh and advanced features to their vehicles in order to stay competitive and meet consumer needs. Automotive IoT is playing a crucial role in this business by enabling better vehicle management, improved driving experiences, and increased transportation efficiency. This is opening the door for driverless vehicles, which were formerly seen as a vision for the future. Automotive IoT is the integration of a variety of parts into vehicles to create a sophisticated system that can be used for fleet management, insurance, OEMs, predictive maintenance, and other purposes. These parts include sensors, applications, cloud computing, ...

The use of robots in automotive manufacturing processes enables a very high degree of repeatability and precision, resulting in process optimization and increased productivity. This is how the increasingly high industry standards demanded by manufacturers are met. Robots in Automotive Industry: How to Use Them to Increase Efficiency Article from | Arcos Research & Development[1]  Intelligent automation solutions enable automakers to remain profitable and competitive over time, even in a market environment that is increasingly competitive and difficult to sustain.This realization has become increasingly established among top management, recording strong growth in the international robotics market in recent years. According ...

How is big data and analytics helping the automotive industry?  Manufacturing Today India

PRESS RELEASEPublished February 13, 2023Automotive Car Carpet Market size | 2023 Automotive Industry Global Analysis By Size, Trends, Growth, Share, Business, Key Players, Merger, Statistics, Competitive Landscape, And Regional Forecast To 2028 report provides comprehensive information on the current scenario which includes historical and projected Automotive Car Carpet Market insights.Automotive Car Carpet Market size | 2023 Automotive Industry Global Analysis By Size, Trends, Growth, Share, Business, Key Players, Merger, Statistics, Competitive Landscape, And Regional Forecast To 2028 report provides comprehensive information on the current scenario which includes historical and projected Automotive Car Carpet Market insights.The Automotive Car Carpet market is ...

The global market value for material handling robots will reach $5,542 million in 2023 and grow at a healthy compound annual growth rate of 8.6 percent between 2023 and 2033, according to research by Fact.MR[1]. Increasing acceptance of advanced automated material handling robots, increasing need for high efficiency systems, increasing industrialization in emerging markets, constant technological advances, multiple industries such as automotive, manufacturing, e-commerce and many more.High acceptance of US Investment in digital infrastructure and growing need to reduce labor costs are key factors behind the growth of the automated material handling robots market. Rising safety concerns, growing demand for faster, ...

The automotive industry is undergoing a major transformation as electric cars, connected cars, and digitization become increasingly prevalent. Besides, cars made in China are increasingly popular outside the country. China has overtaken Germany in car exports and is poised to become the world leader, ahead of Japan.Daniel Allen[1], Adam Turner[2], Mark Andrews[3], and Camille Rustici[4] contributed to this feature.Electric cars, which are powered by batteries rather than fossil fuels, are becoming more popular as concerns about climate change and air pollution grow. Connected cars are also gaining in popularity. Equipped with internet connectivity and advanced sensors, they can communicate with other vehicles and ...

Heads-up car displays are going virtual to provide more information and entertainment while driving. Augmented reality is ready to gear up in your favourite cars. Are you ready for AR driving experiences?BMW recently unveiled its new i Vision Dee concept car[1], which lets drivers choose how much augmented reality (AR) they want to see as they hit the roads. The person behind the wheel[2] can select driving information, data from their communications systems, an augmented reality project, or a completely virtual experience with darkened windows while driving autonomously. The new system is just one of many augmented reality systems that ...

 Coherent Market Insights’s latest research report, titled “Artificial Intelligence in Automotive Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2030,” provides a thorough analysis of the market dynamics, segmentation, growth opportunities, trends, and competitive landscape to comprehend the present and foreseeable market conditions. The research offers a variety of market forecasts that take into account aspects like revenue size, production, CAGR, consumption, growth opportunities, industry trends and technologies, and other essential components. The report provides a comprehensive analysis of the next trends and developments in the Artificial Intelligence in Automotive market while highlighting the important driving and restraint ...

As the world, including China, emerges fully from the COVID-19 crisis, and the auto sector overcomes supply-chain issues and constraints in the availability of critical components, could it be that a sense of pre-COVID normality may ensue? And what of electrification on the road and in the sky? Here’s our take on key automotive and mobility developments anticipated in 2023.Will the chip shortage be resolved?Image courtesy of Jabil2022 was a tough year for sourcing semiconductor chips, which are increasingly important in all manner of feature-laden and electrified vehicles. In many cases, OEMs had to shut down their assembly lines on ...

The automotive industry is undergoing a radical transformation driven by rapid technological advancements and heightened market competition. As autonomous driving, cloud computing, electric vehicles, and networking become more intertwined with the industry; consumers can now enjoy a more enriched experience. So how can industry players leverage the latest technologies in this new era to stay ahead of the curve?THE OUTSETTechnology has been on a continual upswing since it arrived in the mid-twentieth century and will only become more advantageous in the forthcoming years. We have seen immense progress over the last ten years since its arrival due to the unveiling ...

Joining an electric motor with an internal combustion engine can vastly improve MPG (iSeeCars[1]) — A hybrid vehicle has a powertrain made up of both an electric motor and an internal combustion engine. It uses this combination of power sources to improve fuel economy and reduce tailpipe emissions. A hybrid vehicle’s lower fuel consumption comes from leveraging electric power, provided by an on-board battery pack, to turn the electric motor and partially or fully motivate the vehicle, usually at lower speeds. By reducing the gasoline engine’s role in driving, the hybrid’s fuel efficiency can be substantially improved over a conventional ...

Artificial Intelligence is almost used in every facet of the car-manufacturing process, from Industrial Robots manufacturing a vehicle to the car navigating traffic.What is Artificial Intelligence?Artificial Intelligence is the simulation of human intelligence processes by machines, especially by a computer system. Machine learning is one of the main branches of AI, which is defined as the study of algorithms or a huge volume of historical data to be inserted in a machinery to perform specific tasks.Companies like Tesla, Google, and Bosch have all incorporated AI into their self-driving car research and leading the Automobile industry.The future is electric and it ...

(Image Copyright: Ümit Yildirim/Source: Unsplash] The transportation industry has evolved considerably over the years, and incredible ideas that seemed possible only in a fictional world have now become a reality. Electric cars and autonomous vehicles are outstanding innovations designed to improve traveling, making it more convenient and faster. However, in urban areas, commuting comes with significant environmental and economic costs, leading to massive greenhouse gas emissions. Since India has a high population, the country has developed a solid mass transit system.However, some issues still need to be resolved, and the adoption of blockchain is the ideal solution. While many people ...