Generative AI (Gen AI) continues to create an impact across industries including automotive. In the next decade, Gen AI is expected to significantly influence automotive value chains, increase efficiency, productivity, and reduce wastes. In the supply chain, it will be used to optimize inventory and demand forecasting while in product development it can be used to generate design ideas, accelerate prototyping, testing and to shorten the time-to-market. In manufacturing, it can be used to reduce bottlenecks on the assembly line and provide real time insights to production engineers to make informed decisions. In retail, it can be used to provide 24x7 sales support to dealerships executing human- like interactions with potential customers. Inside the vehicle, Gen AI- driven voice assistants will become standard features in the next decade. Beyond the automotive lifecycle, Gen AI will make a significant contribution towards autonomous vehicle development and operation. Gen AI start-ups which focus on solutions for autonomous vehicles will crop up in the coming decade driving innovation and fast tracking the development of such vehicles. Gen AI will support shared mobility by helping increase the efficiency of fleet management, ride booking, pricing, and route planning. In logistics, it will play a key role in choosing the optimal vehicle for a trip, plan routes based on real time traffic data, and customer support functions. Gen AI will also play a key role across various corporate functions including Finance, Human Resources, and Marketing.
Scope of Analysis
Examine possible generative AI use cases in the automotive value chain.
Look at evolving use cases and analyze them to understand their impact on the future automotive value chain.
Break down the automotive value chain into subsegments and discuss potential applications.
Analyze generative AI’s potential integration into existing automotive products and solutions.
Examine the challenges associated with generative AI in the workplace and use cases that highlight the concerns regarding this technology.
Derive growth opportunities and key takeaways stemming from the analysis.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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