As the automotive industry experienced ups and downs, the only thing that keeps the companies going is 'innovation'. Power steering, e-cars, autonomous driving, airbags, mobility apps, and digital services are some of the technological innovations that define a good car and help a car brand drive to the top of the highly competitive marketplace.
A driverless car running on the road is like a screenshot from a sci-fi movie.
AI technology complements the concept of self-driving cars.Elon Musk had in 2017 that all cars will be #autonomous in 10 years without any steering wheel.
Installation of self-sufficient cars.AI & Automotive — Use casesThe following is the wave of disruptions caused by AI in the automotive industry at high levels of abstraction.Use Case 1 — Design:From brainstorming to developing a working car model, design and development engineers consider many aspects to be as user-friendly as possible.Here are some use cases that show how OEMs use AI to accelerate their designworkflows:Nvidia’s architecture uses AI, real-time ray tracing and programmable shading to transform the traditional product design process.
This reduces the time taken for design approval.General Motors DreamCatcher uses Machine Language (ML) for economic modeling.To Know About- Predictions On Self Driving Car Timeline From Top Automakers In The WorldThe future of car designs lies with generative design, where AI algorithms produce hundreds of potential designs by defining a product idea or problem.
Therefore, companies like Konex feed the sensor data into an AI system that crunches to improve system performance.Future auto factories will only have flexible production centers under the supervision of unmanned systems such as the Audi Vision 2035 Smart Factory.Use Case 3 — Supply Chain:The automotive supply chains are one of the most complex networks in the world.
AI-powered supply chains are being used to analyze massive amounts of data that can be accurately predicted.Blue Yonder uses AI techniques to optimize its estimation and replenishment while adjusting prices.To Know About-AI In Transportation: Artificial Intelligence in the Transportation IndustryAI allows fully automated automation systems to make supply-chain management decisions, adjust routes and volumes to meet projected spikes.Use Case 4 — Quality Control:Quality control, such as inspecting painted car bodies, is slow, laborious, and vulnerable.
The inverter converts direct current (DC) into alternating current (AC), which allows to run electric vehicles motors.
There are different types of inverters, which are used in electric vehicles such as soft switching inverter and traction inverter.
In addition, electric vehicle power inverter helps to generate very high current during the time of switching the engine as the generated voltage and input voltage have opposite polarities,which generate current.Therefore, thisleads to increase indemand forelectric vehicles, resulting in the growth of the electric vehicle power inverter market.
Browse Full Report with TOC @https://www.alliedmarketresearch.com/electric-vehicle-power-inverter-market-A08757COVID-19 scenario analysis:COVID-19 has rapidly affected the automobileindustry,thus hampering the growth ofthe electric vehicle power inverter market.The market was expected to register significant growth due to rapid growth of the automobile industry.However,due to COVID-19, the market is expected to decline in the near future until the situation becomes stable.Industries are facing slower production due to lockdown and low demand.It is expected to eventually witness decrease in the closure of all works.Due to non-operation of vehiclesduring COVID-19, many of these companies havestopped their production, which led to decline in the growth of the electric vehicle power inverter market.There is significant drop in demand and restricted cash inflow, which havedeclined the growth of the electric vehicle power inverter market.Request Sample Report at:https://www.alliedmarketresearch.com/request-sample/9122Top impacting factors: Market scenario analysis, trends, drivers, and impact analysisTop impacting factors for the growth of the electric vehicle power inverter market areincrease inpenetration of electric vehicles and government initiatives toward pollution-free environment.
However, heavy current flow and blowing of fuses of electric motor hamper the growth of the market.
Furthermore, technological advancements in power electronic and initiatives toward eco-friendly environmentprovide lucrativeopportunitiesfor the electric vehicle power inverter market.Increase inpenetration of electric vehiclesIncrease indemand for electric vehicles has resulted in increase indemand for electric brakes.
The Global PVC Window Profile Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
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