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Rockwell Automation Invests In Artificial Intelligence (AI) For Industrial Automation

Technology Nov 19, 2018 at 18:18

Rockwell Automation Invests In Artificial Intelligence (AI) For Industrial Automation

Our latest research report entitled Automotive HMI Market (by technology (visual and acoustic), access type (standard interface and multimodal interface), vehicle type (passenger car and commercial vehicles), and product (voice control, central display, instrument cluster and HUD)) provides complete and deep insights into the market dynamics and growth of Automotive HMI. Latest information on market risks, industry chain structure Automotive HMI cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Automotive HMI growth factors.

The forecast Automotive HMI Market information is based on the present market situation, growth opportunities, development factors, and opinion of the industry experts. An in-depth analysis of the company profiles, Automotive HMI on global and regional level and applications is conducted. The analysis of downstream buyers, sales channel, raw materials, and industry verticals is offered in this report.

In November 2017-, Rockwell Automation today announced its investment in The Hive, aSilicon Valley innovation fund and co-creation studio, to gain access to an ecosystem of innovators and technology start-ups with a focus on applications of artificial intelligence (AI) to industrial automation.

Smart manufacturing requires the use of new and disruptive technologies such as AI to create the future industrial plants and supply networks that are flexible, efficient, responsive, and secure. AI can help manufacturers unlock data, contextualize it, and take action,” said Elik Fooks, senior vice president for corporate development at Rockwell Automation.

Gesture Control, Customization, Speech Recognition, Augmented Reality to Promote Growth in the Automotive HMI Market

Enhanced user experience and availability of greater comfort features in automotive industry is expected to be the factor driving the growth of the automotive HMI market. Additionally, growing demand FOR HMI in connected cars and increasing sales of commercial and passenger vehicles is anticipated to fuel the growth of the automotive HMI market over the forecast period. However, increasing design complexities and lack of standardization are the factors likely to hamper the growth of the automotive HMI market. On the other hand, high deployment cost of the advanced system is restraining the growth of the automotive HMI market. Furthermore, integration of multiple technologies such as adaptive and holistic HMI and integration of smartphone with HMI are augmented to provide several growth opportunities for the key players in the automotive HMI market. Automakers are gaining higher inclinations towards holistic systems. For instance, continental AG developed HMI system that operates in agreement with the driver’s situation and clear interface by using Active Matrix Organic Light Emitting Diode (AMOLED) displays.

Asia Pacific Region to Contribute To Growth in the Global Automotive HMI Market

Among the geographies, Asia pacific is expected to be the highest contributor in terms of revenue followed by Europe and North America. India is expected to be the fastest growing region due to increasing living standard and growing passenger car saturation. The US automotive HMI market contributed major industry due to high consumer inclination and presence of key industry players such as ford motors and general motors. The increase disposable income will result increased sales of vehicles in the countries such as china and japan. Continuous infrastructural developments coupled with industrial development activities in emerging economies have opened new avenues, creating several opportunities in the region for automotive OEMs.