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Emerging Technologies in Automobile Industry to Push In-vehicle AI Robot Demand, States Fact.MR

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United States, Rockville MD, Sept. 05, 2022 (GLOBE NEWSWIRE) — According to the recent published report at Fact.MR, the global in-vehicle AI robot market is estimated at US$ 38.8 million in 2022. The market is predicted to reach a valuation of US$ 190.7 million by 2032, expanding at a stupendous CAGR of 17.3% over the decade.

In past years, only 5%-10% vehicles has AI installed in their systems; however, technological advancements has flipped the market scenario, as a result of which, today, almost all vehicles come with AI installed. As the global population is moving towards being more technology savvy, demand for autonomous commercial and private vehicles is increasing rapidly. This increase has put forward a challenge for manufacturers to provide technologically-advanced vehicles that offer comfort and safety to their customers.

For Critical Insights on In-vehicle AI Robot Market, Request a Sample Report
https://www.factmr.com/connectus/sample?flag=S&rep_id=7669

Fact.MR recommends that, compact, mid-sized, and SUV passenger type cars will have a momentous market over the coming years. These vehicle category segments will offer an open market for rookies with a huge customer demand and appreciation. Also, well established market players in the industry may have to switch their interests from the older approach to new technological advancements to retain their market position.

However, manufacturers will have to face the challenge of structural and technological approvals from different safety and automobile authorities across regions where they wish to launch their products.

Why is In-vehicle AI Robot Deployment Surging?

“AI-assisted Vehicles Safer & Less Prone to Accidents Caused by Human Error”

Around 80% of people utilize a private or public vehicle for transportation worldwide. Artificial intelligence is increasingly being used in the automotive sector. The safety of drivers and passengers is now a priority in this sector.

Manufacturers are offering technologies such as automated braking, drowsiness alert systems, speed control alert systems, and internal & external monitoring systems to assure driver safety and prevent unintentional harm. Monitoring systems in cars keep an eye on how well they are running and also alert the driver when an emergency is nearby.

Makers have specifically targeted the audience that uses personal vehicles by including all these safety measures. It has been seen that North America experiences 30% fewer car accidents after the installation of AI systems in vehicles. With this emerging growth of technology and safety, the market for AI-powered vehicles is set to grow rigorously over the coming years.

To learn more about In-vehicle AI Robot Market, you can get in touch with our Analyst at https://www.factmr.com/connectus/sample?flag=AE&rep_id=7669

Key Segments Covered in the In-vehicle AI Robot Industry Survey

  • By Vehicle Category :
    • Passenger Cars
      • Compact & Mid-sized
      • Premium & Luxury
      • SUVs
    • Commercial Vehicles
      • LCVs
      • HCVs
      • Buses & Coaches
  • By Autonomous Level :
    • Level 2 & 3
    • Level 4 & 5
  • By Region :
    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • MEA

Market Development

New technology related products are being launched by manufacturers keeping in mind the demand from clients. The nature of market is consolidated at present but it may get diversified as new manufacturers come in and assure the trust of safety and security of buyers. Lead manufacturers such as Tesla, Porsche, Motional, Refraction AI, Optimus Ride, Waymo, AutoX, Bosch, Morris Garage, Nauto, and Predii are in a clash of outdistancing each other in the market.

Currently, manufacturers offer drivers assistance systems in vehicles that have features such as drowsiness alert, auto parking, automatic breaking, lane departure warning, etc., to prevent the risk of accidents caused due to driving errors.

Furthermore, manufacturers are collaborating with IT firms to ensure the quality of the data that they need to provide in AI systems. Market players are also enthusiastically launching new technologies to retain their current market share.

Get Customization on In-vehicle AI Robot Market Report for Specific Research Solutions
https://www.factmr.com/connectus/sample?flag=RC&rep_id=7669

Key players in the In-vehicle AI Robot Market

  • Motional
  • Refraction AI
  • Optimus Ride
  • Waymo
  • AutoX
  • Bosch
  • Morris Garage
  • Nauto
  • Predii

Key Takeaways from In-vehicle AI Robot Market Study

  • The global in-vehicle AI robot market is projected to expand at an impressive CAGR of 17.3% and reach a valuation of US$ 190.7 million by 2032.
  • The in-vehicle AI robot industry exhibited 21.3% CAGR between 2021 and 2022.
  • Under vehicle type, premium & luxury passenger cars dominate the market with a valuation of US$ 15.1 million in 2022.
  • Europe led the worldwide market with around 25% share in 2021.
  • Sales of in-vehicle AI robots are predicted to increase at CAGRs of 16.8% and 18.3%, respectively, in Europe and East Asia.

Explore Fact.MR’s Coverage on the Automotive Domain-

Automotive Turbocharger MarketThe global automotive turbocharger market totaled US$ 11.2 billion in 2021. Sales of automotive turbochargers are predicted to reach a market valuation of US$ 23.28 billion by 2031, increasing at a CAGR of 7.6%.

Graders MarketGlobal sales of graders are currently valued at US$ 4.27 billion, and the market is forecast to close in on a valuation of US$ 5.6 billion by 2032, expanding a CAGR of 2.7%.

Automotive Brake Components MarketWorldwide sales of automotive brake components are valued at US$ 49.9 billion at present. The global automotive brake components market is forecast to expand at a CAGR of 4.2% to reach a valuation US$ 75.6 billion by 2032.

Train Control and Management Systems MarketThe global train control and management systems market stands at US$ 4.82 billion in 2022, and is projected to reach US$ 5.78 billion by the end of 2031.

Automotive Chrome Accessories MarketThe global automotive chrome accessories market is forecast to expand at a CAGR of 2.8%, thereby increasing from a valuation of US$ 8.7 billion in 2022 to US$ 11.5 billion by the end of 2032.

Automotive Curtain Airbags MarketWorldwide sales of automotive curtain airbags are valued at US$ 206.8 million in 2022, and the market is forecast to expand at a CAGR of 5.6% to reach US$ 358.4 million by 2032.

Motorcycle Accessories MarketThe global Motorcycle Accessories market is likely to be valued at US$ 8.84 Billion in FY 2022, up from US$ 8.39 Billion in 2021. During the past year, the industry registered a Y-o-Y increase worth 5.3%.

Automotive Tail Light MarketThe global Automotive Tail Light market is likely to be valued at US$ 12.2 Billion in FY 2022, up from US$ 11.5 Billion in 2021. During the past year, the industry registered a Y-o-Y increase worth 6%.

Europe Drones Market– The European drones market is projected to balloon at 21.9% CAGR and reach a market valuation of US$ 55.2 billion by 2032, thereby creating an absolute dollar opportunity worth US$ 47.6 billion during the forecast years of 2022-2032.

Automotive Soft Trim Interior Market– The global automotive soft trim interior market size stands at US$ 5.16 billion in 2022 and is further set to expand at a CAGR of 4.3% to reach a market valuation of US$ 7.87 billion by 2032.

About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

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Mahendra Singh
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Email: [email protected]
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Artificial Intelligence

Signant Health extends eCOA leadership position through operational innovations that reduce timelines by at least one-third

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PHILADELPHIA, May 8, 2024 /PRNewswire/ — Signant Health, the leader in evidence generation for modern clinical trials, announced today that it has substantially reduced implementation timelines for its flagship eCOA solution, TrialMax®. By leveraging process and technology enhancements, Signant’s operational teams can reduce the time it takes to go live with electronic patient-reported outcomes solutions by thirty percent or more.  

Sponsors and Contract Research Organizations (CROs) have relied on Signant’s eCOA solution for over 20 years. The solution is known for its flexibility, reliability, scientific support, global logistics support, and ability to scale to any size trial, anywhere in the world. Traditionally, the time to bring the system live for patients and sites was commensurate with the operational complexity and trial design.  
According to the company, customers can now benefit from this highly customizable eCOA solution along with Signant’s leading levels of science, scale, and service – delivered under much faster timelines.
“We are excited to offer customers the best of both worlds,” said Sanjiv Waghmare, Signant’s chief product officer. “They can get the fully featured, market-leading eCOA solution they already use and love, at a much faster pace. We believe this is especially meaningful as trial designs continue to increase in complexity. We want to ensure our customers hit their FPFV dates and start collecting high quality data without worrying about if their eCOA solution will be available.”    
According to Waghmare, Signant’s engineering and operational teams identified areas where process enhancements and automation could dramatically reduce common implementation steps regardless of trial complexity. These steps cover all aspects of a typical eCOA timeline including study build, testing, translations, scale management, and validation.
“This is just the beginning of our efforts to deliver complexity at speed, with outstanding quality,” continued Waghmare. “We are also bringing additional efficiencies to our processes that will accelerate post-implementation support, including reporting, analytics, and data change management.”
Signant also offers a tenured solution for eCOA studies as part of its Signant SmartSignals® Unified Platform, which is fully integrated with EDC, RTSM, eConsent, and telemedicine. For more information about all Signant’s eClinical solutions, go to www.signanthealth.com.
About Signant Health
Signant Health is the evidence generation company. We are focused on leveraging software, deep therapeutic and scientific knowledge, and operational expertise to consistently capture, aggregate, and reveal quality evidence for clinical studies across traditional, virtual, and hybrid trial models. For more than 25 years, over 600 sponsors and CROs of all sizes – including all Top 20 pharma – have trusted Signant solutions for remote and site-based eCOA, EDC, eConsent, RTSM, supply chain management, and data quality analytics. Learn more at www.signanthealth.com.
Contact: 
Heather [email protected]+1 610.400.4141
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Artificial Intelligence

Ness Digital Engineering Acquires Intricity – a New York based company specializing in data strategy, governance, modernization, and monetization

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NEW YORK, May 8, 2024 /PRNewswire/ — Ness Digital Engineering (Ness), a global full-lifecycle digital services transformation company, has acquired Intricity, a leading provider of data strategy, governance, modernization, and monetization solutions. The acquisition deepens Ness’s data offerings, which global F1000 clients have utilized to create new revenue streams and improve operating efficiencies.

“Ness has always had a strong capability in data engineering, and the acquisition of Intricity brings the data strategy and advisory capability. Furthermore, Ness will build on Intricity’s strategic alliances with Snowflake and Databricks,” said Ranjit Tinaikar, CEO, Ness Digital Engineering. “We are excited to welcome Intricity’s talented team to Ness, combining our strengths to deliver even greater value to our clients.”
Intricity brings deep expertise in handling complex data modernization and monetization problems that are the heart of any digital transformation today.
“Joining Ness, backed by KKR, presents an exciting opportunity to accelerate our growth trajectory worldwide. We are excited to leverage Ness’s global presence, digital competencies, and deep industry expertise to deliver digital transformation solutions to a wider range of clients,” said Arkady Kleyner, Principal & Co-Founder, Intricity. “Together, we are well-positioned to drive meaningful business outcomes and accelerate innovation for our clients.”
Commenting on the acquisition, Troy Clemente, Principal & Co-Founder, Intricity, added, “We have successfully established ourselves as experts covering the entire information lifecycle, and by joining Ness, we can accelerate our combined clients’ AI journeys based on modern data infrastructures.”
Zinnov acted as financial advisor to Ness Digital Engineering. 
For more information:Tanaya Misra, Global Head – PR & [email protected] 
About Ness Digital Engineering
Ness Digital Engineering, which funds managed by global investment firm KKR acquired in 2022, is a full-lifecycle digital engineering firm offering digital advisory through scaled engineering services. Headquartered in New York, Ness serves our customers across 11 innovation hubs in the US, Eastern Europe, and India. Combining our core competence in engineering with the latest in digital strategy and technology, we seamlessly manage Digital Transformation journeys from strategy through execution to help businesses thrive in the digital economy. For more information, visit www.ness.com. 
Logo: https://mma.prnewswire.com/media/2144213/4406841/Ness_Blue_Logo.jpg
 

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Artificial Intelligence

Körber Pharma and Siemens Take the Lead in ABI Research’s MES Software for Pharmaceutical, Biotechnology, and Cell & Gene Manufacturing Competitive Ranking

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LONDON, May 8, 2024 /PRNewswire/ — The new Competitive Assessment by global technology intelligence firm ABI Research provides an in-depth and unbiased examination of the solutions offered by 13 manufacturing execution system (MES) software suppliers targeting pharmaceutical, biotech, and cell & gene manufacturing. The companies evaluated and ranked are:

Market Leaders: Körber Pharma, Siemens, Apprentice,  Rockwell Automation, and TulipMainstream: Dassault Systèmes, GE Digital, Honeywell, Emerson, MPDV, MasterControl, ParsecFollowers: Sepasoft
“Overall, the MES software market for pharmaceutical, biotechnology, and cell & gene manufacturing is highly competitive, and the top innovators offer very comparable solutions. Technology vendors are aggressively developing new functionality, and competitors must closely watch and identify areas where they can match or leapfrog software capabilities,” explains James Prestwood, Industrial & Manufacturing Industry Analyst at ABI Research.
A total of ten overarching criteria were chosen for the purposes of this analysis and segmented across innovation and implementation clusters. These include how comprehensive the solution is and what innovative functionality it offers, data visibility, accessibility, and security within the platform, the user experience, and the capacity of worker augmentation, the MES’s contribution to manufacturers digital thread capabilities, and the alignment of the MES software with the pharmaceutical, biotechnology, and cell & gene manufacturing markets. In addition, the report evaluates MES vendor’s ability to deliver rapid time to value, their experience in delivering the software to manufacturers, the extensiveness of the vendor’s partnership base, the support for SME manufacturers, and the comprehensiveness of the software’s pricing options.
Körber Pharma and Siemens came out on top in the competitor ranking, with both firms scoring well across all criteria. Apprentice ranked as the top innovator in the assessment, offering a wide range of strong functionality designed specifically for life sciences manufacturing, an excellent cloud-native design, and comprehensive low/no-code capabilities.  Dassault Systèmes scored particularly well in the implementation criteria, ranking second, with its center-of-excellence deployment model allowing manufacturers to quickly and consistently deploy and scale DELMIA Apriso.
“Pharmaceutical, biotech, and cell & gene manufacturing have been slow to embrace digital transformation but are now catching up. The industry’s strict regulations mean new solutions must be proven, and a premium should be placed on extensive deployment experiences when choosing solutions and technology partners,” Prestwood concludes.
These findings are from ABI Research’s MES Software for Pharmaceutical, Biotech, and Cell & Gene Therapy Manufacturing Competitive Ranking report. This report is part of the company’s Industrial and Manufacturing Markets research service, which includes research, data, and ABI Insights. Based on extensive primary interviews, Competitive Ranking reports offer comprehensive analysis of implementation and innovation strategies to offer unparalleled insight into a company’s performance and standing compared to its competitors.
About ABI Research
ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as the bridge that seamlessly connects these two segments by providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers.
ABI Research是一家全球性的技术情报公司,拥有得天独厚的优势,充当终端市场公司和技术解决方案提供商之间的桥梁,通过提供独家研究和专业性指导,推动成功的技术实施和提供经证明可吸引和留住客户的战略,无缝连接这两大主体。
For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.
Contact Info:
GlobalDeborah Petrara Tel: +1.516.624.2558 [email protected] 
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View original content:https://www.prnewswire.co.uk/news-releases/korber-pharma-and-siemens-take-the-lead-in-abi-researchs-mes-software-for-pharmaceutical-biotechnology-and-cell–gene-manufacturing-competitive-ranking-302139303.html

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