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Ford Motor Co F

Alternate Symbol(s):  F.PR.D

Ford Motor Company is an automobile company. The Company develops and delivers Ford trucks, sport utility vehicles, commercial vans and cars and Lincoln luxury vehicles, along with connected services. Its Ford Blue segment includes the sale of Ford and Lincoln internal combustion engine (ICE) and hybrid vehicles, service parts, accessories, and digital services for retail customers. Ford Model e segment primarily includes the sale of electric vehicles, service parts, accessories, and digital services. Ford Pro primarily includes the sale of Ford and Lincoln vehicles, service parts, accessories, and services for commercial, government, and rental customers. Ford Next segment primarily includes expenses and investments for emerging business initiatives aimed at creating value for Ford in vehicle-adjacent market segments. Ford Credit segment is comprised of the Ford Credit business on a consolidated basis, which is primarily vehicle-related financing and leasing activities.


NYSE:F - Post by User

Post by ivosmithon Dec 15, 2023 3:18am
170 Views
Post# 35786092

Automotive Artificial Intelligence Market Outlook 2023-2028

Automotive Artificial Intelligence Market Outlook 2023-2028

According to the latest research report, the global automotive artificial intelligence market size reached US$ 3.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 17.6 Billion by 2028, exhibiting a growth rate (CAGR) of 31.91% during 2023-2028.

The market is currently experiencing growth, primarily driven by the ongoing increase in consumer demand for advanced features in the automotive artificial intelligence (AI) sector. Users are continually becoming more tech-savvy, leading to heightened expectations for advanced features in vehicles, such as adaptive cruise control, automated parking, and advanced navigation systems.

Furthermore, the ongoing push for convenience, especially among younger demographics deeply engaged with technology in their daily lives, is actively fueling the growth of the market. In addition to this, the increasing congestion in urban centers is continually facilitating the demand for vehicles that offer intelligent features to effectively manage the complexities of city driving. This ongoing shift in consumer expectations is putting significant pressure on manufacturers to continually adopt AI technologies in automotive design, not merely as a value-add but as a core component that continuously influences purchasing decisions.

Explore full report with Table of Contents: https://www.imarcgroup.com/automotive-artificial-intelligence-market

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