Europe Automotive Artificial Intelligence Market Size & Outlook
The automotive artificial intelligence market in Europe is expected to reach a projected revenue of US$ 3,402.2 million by 2030. A compound annual growth rate of 22.8% is expected of Europe automotive artificial intelligence market from 2025 to 2030.
Revenue, 2024 (US$M)
$1,003.9
Forecast, 2030 (US$M)
$3,402.2
CAGR, 2025 - 2030
22.8%
Report Coverage
Europe
Europe Automotive Artificial Intelligence Market, 2018-2030 (US$M)
Global Market
Related Markets
Europe automotive artificial intelligence market highlights
- The Europe automotive artificial intelligence market generated a revenue of USD 1,003.9 million in 2024.
- The market is expected to grow at a CAGR of 22.8% from 2025 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2024.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, France is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
| Market revenue in 2024 | USD 1,003.9 million |
| Market revenue in 2030 | USD 3,402.2 million |
| Growth rate | 22.8% (CAGR from 2025 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software |
| Key market players worldwide | Aptiv PLC, Cruise, Mobileye Global Inc Ordinary Shares - Class A, NVIDIA Corp, Qualcomm Inc, Robert Bosch Engineering & Business Solutions, Tesla Inc, Ford Motor Co, Toyota Motor Corp, Waymouth Farms |
Other key industry trends
- In terms of revenue, Europe region accounted for 23.4% of the global automotive artificial intelligence market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,491.5 million by 2030.
No credit card required*
Publish Date: Dec 05, 2024
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Three ways to get this data
Subscribe to the databook, customize it, or ask a question.Horizon Databook
Unlock every chart on this page and get dashboard access
- Statistics1.2M+ across all markets
- Databooks30K+ global, 120K+ country
- Companies200K+ profiles
- ExportPDF, Dashboard, XLS & PNG, licensed to cite
Customize it
Customize data as per your requirement
- AddCountries, segments, years
- RecutTo your product definition
- ExtendCompany-level detail
- OrA bespoke databook
- Turnaround5–10 working days
Ask Prism AI
A cited answer in seconds
- Corpus30,000 studies, 1.2M points
- ScopeAll markets, not just this
- CitationTraced to report & table
- HonestySays "not covered" if so
- SpeedSeconds, not days
Automotive Artificial Intelligence Market Scope
Automotive Artificial Intelligence Market segmentation & scope
Automotive Artificial Intelligence Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| NVIDIA Corp | View profile | 29,600 | 2788 San Tomas Expressway, Santa Clara, CA, United States, 95051 | www.nvidia.com |
| Toyota Motor Corp | View profile | 380,793 | 1 Toyota-cho, Aichi Prefecture, Toyota, Japan, 471-8571 | www.global.toyota |
| Qualcomm Inc | View profile | 50,000 | 5775 Morehouse Drive, San Diego, CA, United States, 92121-1714 | www.qualcomm.com |
| Aptiv PLC | View profile | 154,000 | 5 Hanover Quay, Grand Canal Dock, Dublin, Ireland, D02 VY79 | www.aptiv.com |
| Tesla Inc | View profile | 140,473 | 1 Tesla Road, Austin, TX, United States, 78725 | www.tesla.com |
| Mobileye Global Inc Ordinary Shares - Class A | View profile | 3,700 | c/o Mobileye B.V., P.O. Box 45157, Har Hotzvim, 13 Hartom Street, Jerusalem, Israel, 9777513 | www.mobileye.com |
| Robert Bosch Engineering & Business Solutions | View profile | 10001+ | Bangalore, Karnataka, India, Asia | www.bosch-india-software.com |
| Ford Motor Co | View profile | 177,000 | One American Road, Dearborn, MI, United States, 48126 | www.ford.com |
| Waymouth Farms | View profile | 101-250 | Plymouth, Minnesota, United States, North America | www.goodsensesnacks.com |
| Cruise | View profile | 1001-5000 | San Francisco, California, United States, North America | www.getcruise.com |
Europe Automotive Artificial Intelligence Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Automotive Artificial Intelligence Market Outlook will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 91.64% in 2024.
Horizon Databook has segmented the Europe automotive artificial intelligence market based on hardware, software covering the revenue growth of each sub-segment from 2018 to 2030.
- Europe Automotive Artificial Intelligence Market Component Outlook (Revenue, USD Million , 2018-2030)
- Hardware
- Software
- Europe Automotive Artificial Intelligence Market Level of Autonomy Outlook (Revenue, USD Million , 2018-2030)
- Level 1
- Level 2
- Level 3
- Level 4
- Europe Automotive Artificial Intelligence Market Technology Outlook (Revenue, USD Million , 2018-2030)
- Machine Learning
- Natural Language Processing
- Computer Vision
- Context-aware computing
- Others(contextual AI, RPA)
- Europe Automotive Artificial Intelligence Market Vehicle Type Outlook (Revenue, USD Million , 2018-2030)
- Passenger Vehicles
- Commercial Vehicles
Reasons to subscribe to Automotive Artificial Intelligence Market Outlook databook
- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
- Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
- Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
- Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Automotive Artificial Intelligence Market Outlook databook
- Our clientele includes a mix of Automotive Artificial Intelligence Market Outlook companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
- The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe Automotive Artificial Intelligence Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Europe Automotive Artificial Intelligence Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Europe Automotive Artificial Intelligence Market, 2018-2030 (US$M)
Europe automotive artificial intelligence market statistics, by component, 2018-2030 (US$M)
