New York, Aug. 11, 2021 (GLOBE NEWSWIRE) — Automotive Voice Recognition System Market Overview: According to a comprehensive research report by Market Research Future (MRFR), “Automotive Voice Recognition System Market Research Report, Technology, End Market, Application, Vehicle type and Region – Forecast till 2027” the market Size is projected to be worth USD 4.87 Billion by 2027, registering a CAGR of 22.48% during the forecast period (2021 – 2027), The market was valued at USD 1.39 Billion in 2020.
The automotive voice recognition system market is garnering significant traction. Factors such as the surging demand for infotainment systems and VR evolutions integrated with assistant systems drive the market growth. Besides, the rising uptake of infotainment systems in high-end cars boosts the voice recognition system market size. The rapidly growing awareness for vehicle safety features influences the market rise.
Additional factors bolstering the market growth include increasing spending on personalized comfort features and stringent government norms for safety features in automobiles. AI and social media recommendations inside vehicles are natural extensions of automotive voice recognition capabilities. Impressive machine learning capabilities have brought immense improvements in voice tracking and recognition system. Similarly, AI capabilities have impacted the adoption trends.
List of the Key Companies Profiled in the Automotive Voice Recognition System Market Research Report are:
Highly competitive, the automotive voice recognition system market appears fragmented with the presence of several well-established players. These players incorporate strategic approaches such as mergers & acquisitions, collaboration, expansion, and product/technology launch to gain a larger competitive share.
They make substantial investments to drive R&D activities and expansion plans. The market is likely to witness relentless innovations and new products, eventually intensifying competition among manufacturers.
For instance, on Mar.01, 2021, Hyundai announced the development of a dynamic voice recognition system for selected models of the 2021 -Elantra and Elantra Hybrid in North America. The new automotive voice recognition system is powered by Houndify, a leading global voice AI and conversational intelligence technologies innovator. The dynamic voice recognition system makes the driving experience safer, easier and more convenient, providing cloud-based information from various knowledge domains.
Browse In-depth Market Research Report (111 pages) on Automotive Voice Recognition System
Key trends influencing the voice recognition system market growth include payment-by-vehicle, auto-retail partnerships, brand-specific AI systems, voice engine optimization, and advancements in privacy & security. Additionally, technological advances in motion and speech-recognition sensors & functions and integration from human-to-machine and machine-to-human would foster market growth.
The automotive voice recognition system market is assessed to witness tremendous demand in the recent future due to emerging trends such as driverless or autonomous cars. Advanced artificial intelligence-powered voice-recognition systems are used to operate multiple features, including navigation control, phone calls, calendar, media control, weather information, climate control, and holiday & ticketing information, all through voice commands.
New & Used Car Values – Find My Car Value, Car Worth and Car Pricing – Autotrader
Use Autotrader’s used car valuation tool to find the Kelley Blue Book® Value of the car you’d like to sell or buy.
Kelley Blue Book® Private Party ValueThe Kelley Blue Book® Private Party Value is the starting point for negotiation of a used- car sale between a private buyer and seller. This is an “as is” value that does not include any warranties. The final sales price depends on the car’s actual condition and local market factors.
Kelley Blue Book® Trade-In RangeThe Trade-In Range is Kelley Blue Book’s estimate of what a consumer can reasonably expect to receive this week based on the style, condition, mileage and options of the vehicle when they trade it in to a dealer. However, every dealer is different and values are not guaranteed.
Kelley Blue Book® Fair Market Range (Used Car)The Fair Market Range for used cars is Kelley Blue Book’s estimate of what a consumer can reasonably expect to pay this week in their area for this year, make and model used vehicle with typical miles and configured with their selected options, excluding taxes, title and fees, when buying from a dealer. Each dealer sets and controls its own pricing.
Trim refers to both exterior and interior options that enhance a base model. (Ex: Ford Mustang GT or Honda Accord EX) Trim levels can increase the value and functionality of a vehicle, as well as improve its appearance.
Mileage is estimated based on typical mileage of similar vehicles. If you’re selling this vehicle, replace this estimation with your vehicle’s actual mileage to get the most accurate values.
Kelley Blue Book provides values and other information specific to your location.
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The Kelley Blue Book® Private Party Value is the starting point for negotiation of a used-car sale between a private buyer and seller. This is an “as is” value that does not include any warranties. The final sales price depends on the car’s actual condition and local market factors.
The Trade-In Range is Kelley Blue Book’s estimate of what a consumer can reasonably expect to receive this week based on the style, condition, mileage and options of the vehicle when they trade it in to a dealer. However, every dealer is different and values are not guaranteed.
The Fair Market Range for used cars is Kelley Blue Book’s estimate of what a consumer can reasonably expect to pay this week in their area for this year, make and model used vehicle with typical miles and configured with their selected options, excluding taxes, title and fees, when buying from a dealer. Each dealer sets and controls its own pricing.
This image is a stock photo and is not an exact representation of any vehicle offered for sale. Advertised vehicles of
Major features, such as the car’s transmission, engine type and all-wheel
drive, can have a big impact on the value of the car. The same goes for
options such as leather seats, navigation, a sunroof or automatic climate
control. If you can remember your car’s options off the top of your head,
great. If not, here are some suggestions on where to get the information you
The vehicle’s original window sticker (which has the car’s mpg and total MSRP) is the best place to find the options. Unfortunately, few
people actually hang on to the sticker. Without it, your best bet is to sit in
your car and make a note of its options.
If you’re using a smartphone, tablet
or laptop (assuming you’re within Wi-Fi range), you can complete the options
check from the driver’s seat. It is crucial to get the style and options
right. Without them, you may be under- or overvaluing your car.
Coming clean on condition levels
Our tool will ask you to pick from five condition levels: outstanding, clean,
average, rough and damaged. Most people will choose one of three: clean, average or rough.
You might be tempted to choose “outstanding” to get more money for your used
auto. After all, you’ve pampered your car the entire time you’ve owned it,
right? But the truth is that few cars qualify for this rating.
“Outstanding” is reserved for older, low-mileage vehicles in cases where
well-preserved examples are hard to find, says Richard Arca, senior manager of
pricing for Edmunds.
Edmunds True Market Value (TMV®) used car prices are all set at
“clean” condition, Arca says. The price of a car in a less-than-clean state is
adjusted downward from there, and it reflects what it would cost to bring the
vehicle up to a clean state.
If your vehicle was in an accident, it could still be considered “clean” if it
was repaired with factory parts and according to the manufacturer’s
specifications, Arca says.
“In reality, cars that have been in accidents tend to lose market value, but
there is really no way to gauge how much,” Arca says. He adds that some of the
factors that affect the value are the severity of the damage, the quality of
the repair, and the demand for that particular model.
Be honest and objective about the state of your used vehicle. Try to see
things from a potential buyer’s perspective.
It’s easy to be real
Getting a realistic up-to-date value for your car is key to what you do next,
whether you decide to trade it in, list it for sale on a site like Autotrader,
or even keep it for a while longer. By using the Edmunds car appraisal tool to
do your research, you’ll have a clear-eyed assessment of your car’s actual
worth, not a number based on guesswork and high hopes.
In this video, you see a cyclist testing new aerodynamic wheels from Zipp. Swapping your wheels may seem like a small change, but can make a big difference. From his tests, the rider discovers:
With conventional wheels, he can ride 20 minutes at an average speed of 41.12 kph with an average power of 379 watts.
With the Zipp 808 NSW aero wheels he rides 51 minutes at an average speed of 41.13 kph and average power of 344 watts.
Before looking at power and energy, I should go over two small details.
First, how do you measure power? Cyclists can measure power by installing a small computer, called a power meter, that measures the input torque at the pedals or crankshaft and records the rotation angle at timed intervals. If you know the torque and angle, you can calculate the input energy. Dividing this energy by time gives you power.
Second, this isn’t a perfect test of aerodynamics. If you really want to examine the effect of the new wheels, you probably would have to put a bike with a dummy in a wind tunnel. When the reviewer takes his second ride, many things could have changed—wind, body position, amount of sweat on the body—and impacted performance. Let’s assume the only thing that changed was the wheels.
Air Drag and Power
What happens when you ride a bike? If you are moving at a constant speed, then the net force on the bike-human system must be zero. In a slightly simplified view, I can draw the following force diagram:
The vertical forces (gravity pulling down and the ground pushing up) don’t really matter here. Just forget about them and pay attention to the horizontal forces. First, let’s look at the air drag. Air acts in complicated ways when an object passes through it. But who cares when we can make a simple model of air drag force? Here’s an expression for the magnitude of this force:
In this model, the air force is proportional to the square of the bike’s speed (v). For the other terms, we have:
ρ is the density of air (around 1.0 kg/m3).
A is the cross sectional area of the bike plus the rider (how much of the object interacts with the air).
Finally, C is the drag coefficient. This parameter depends upon the shape of the object. If you change the wheels, it is the value of C that should change.
The second horizontal force is the frictional force. An interaction between the road and the tires propels the bike. I know what you’re thinking: Doesn’t the human propel the bike? In a sense, yes. But the reality is sort of complicated. The rider’s power goes through the pedals and chain to the wheel, which turns. But the force comes from the tire pushing against the road. So for our energy perspective on this problem let’s just say the human provides the friction force.