Quantum Computing in Automotive Market by Component (Hardware, Services, Software), Technology (Quantum Annealing, Superconducting Qubits, Topological & Photonic), Deployment Type, Application, End-User - Global Forecast 2024-2030


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Quantum Computing in Automotive Market by Component (Hardware, Services, Software), Technology (Quantum Annealing, Superconducting Qubits, Topological & Photonic), Deployment Type, Application, End-User - Global Forecast 2024-2030


The Quantum Computing in Automotive Market size was estimated at USD 825.17 million in 2023 and expected to reach USD 1,001.35 million in 2024, at a CAGR 24.02% to reach USD 3,724.37 million by 2030.

Global Quantum Computing in Automotive Market

Quantum computing has the prospect to revolutionize the automotive industry with its ability to process vast amounts of data quickly. Quantum computing could enable autonomous driving technologies and improve safety on the roads. Its application to the field of cars and transportation promises to accelerate innovation and open up new possibilities for automakers, engineers, and end-users by using innovative algorithms that leverage quantum computing power. Quantum computing also promises to enable faster and more efficient machine learning techniques to develop smarter self-driving cars and reduce energy consumption in electric vehicle propulsion systems. With its immense capacity for data processing, quantum computing stands poised to revolutionize how we experience transportation in the near future. Increased focus on optimizing the energy efficiency of automotive systems, reducing fuel consumption and emissions, and growing focus on enhancing the performance and safety of autonomous vehicles is driving the market growth. Rising government initiatives and investments in the widespread use of hybrid and electric vehicles, together with the growth in strategic alliances and collaborations to enhance automotive quantum computing technologies, are creating possibilities for market participants.

Regional Insights

The automotive industry is one of the world's most competitive and dynamic markets. Quantum computing has begun to play an ever-increasing role as businesses seek innovative ways to gain a competitive advantage. The automotive market in America is a highly competitive and ever-evolving industry. Automakers are continually looking for new ways to improve their products, and quantum computing presents a potential new avenue of exploration. In recent years, American companies such as Ford, General Motors, and Tesla have become pioneers in developing quantum technology within the automotive sector. Europe has become a significant hub for quantum computing in the automotive industry. Companies such as Audi, BMW, and Volkswagen have invested significantly in the field, exploring ways quantum computing can be applied to automotive engineering and design. The Asia-Pacific region has become an important market for quantum computing in the automotive sector. Countries such as China, Japan, and South Korea have invested significantly in quantum computing research and development in recent years. Japanese companies such as Toyota, Honda, and Mitsubishi have already implemented quantum computing into their product designs and are expected to invest heavily in technology over the next few years.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Quantum Computing in Automotive Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Quantum Computing in Automotive Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Quantum Computing in Automotive Market, highlighting leading vendors and their innovative profiles. These include Accenture PLC, Amazon Web Services, Inc., Capgemini Group, ColdQuanta, Inc., D-Wave Quantum Inc., Google LLC by Alphabet Inc., Honeywell International Inc., Intel Corporation, International Business Machines Corporation, IonQ, Inc., Isara Corporation, Microsoft Corporation, Motovis, ORCA Computing Limited, PASQAL SAS, PsiQuantum, Corp., QC Ware Corp., Quantinuum Ltd., Rigetti & Co, Inc., Rigetti & Co, LLC, Terra Quantum AG, Toshiba Digital Solutions Corporation by Toshiba Corporation, Xanadu, and Zapata Computing, Inc..

Market Segmentation & Coverage

This research report categorizes the Quantum Computing in Automotive Market to forecast the revenues and analyze trends in each of the following sub-markets:

Component
Hardware
Services
Software
Technology
Quantum Annealing
Superconducting Qubits
Topological & Photonic
Trapped Ions
Deployment Type
On-Cloud
On-Premise
Application
Autonomous & Connected Vehicle
Battery Optimization
Material Research
Production Planning & Scheduling
Route Planning & Traffic Management
End-User
OEM
Warehousing & Distribution
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Quantum Computing in Automotive Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Quantum Computing in Automotive Market?
3. What are the technology trends and regulatory frameworks in the Quantum Computing in Automotive Market?
4. What is the market share of the leading vendors in the Quantum Computing in Automotive Market?
5. Which modes and strategic moves are suitable for entering the Quantum Computing in Automotive Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Quantum Computing in Automotive Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increased focus on optimizing energy efficiency of automotive systems, reducing fuel consumption and emissions
5.1.1.2. Rise in investments in automotive quantum computing technology
5.1.1.3. Growing focus to enhance the performance and safety of autonomous vehicles
5.1.2. Restraints
5.1.2.1. Dearth of skilled professional coupled with need for high accuracy
5.1.3. Opportunities
5.1.3.1. Rising government initiatives and investment for massive adoption of electric and hybrid vehicles
5.1.3.2. Surge in number of strategic partnerships and collaborations to carry out advancements in automotive quantum computing technology
5.1.4. Challenges
5.1.4.1. Complex optimization problems in developing quantum computing automotive applications
5.2. Market Segmentation Analysis
5.2.1. Components: Increasing usage of software in quantum computing in automotive to optimize complex systems
5.2.2. Technology: Rising utilization of superconducting qubits for quantum computing in automotive
5.2.3. Application: Expanding application of quantum computing in automotive for autonomous & connected Vehicle
5.2.4. Deployment Type: Increasing popularity of on-cloud deployment of quantum computing in automotive
5.2.5. End-user: Expanding usage of quantum computing by OEMs
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Quantum Computing in Automotive Market, by Component
6.1. Introduction
6.2. Hardware
6.3. Services
6.4. Software
7. Quantum Computing in Automotive Market, by Technology
7.1. Introduction
7.2. Quantum Annealing
7.3. Superconducting Qubits
7.4. Topological & Photonic
7.5. Trapped Ions
8. Quantum Computing in Automotive Market, by Deployment Type
8.1. Introduction
8.2. On-Cloud
8.3. On-Premise
9. Quantum Computing in Automotive Market, by Application
9.1. Introduction
9.2. Autonomous & Connected Vehicle
9.3. Battery Optimization
9.4. Material Research
9.5. Production Planning & Scheduling
9.6. Route Planning & Traffic Management
10. Quantum Computing in Automotive Market, by End-User
10.1. Introduction
10.2. OEM
10.3. Warehousing & Distribution
11. Americas Quantum Computing in Automotive Market
11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States
12. Asia-Pacific Quantum Computing in Automotive Market
12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam
13. Europe, Middle East & Africa Quantum Computing in Automotive Market
13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom
14. Competitive Landscape
14.1. FPNV Positioning Matrix
14.2. Market Share Analysis, By Key Player
14.3. Competitive Scenario Analysis, By Key Player
14.3.1. Merger & Acquisition
14.3.1.1. Terra Quantum and Volkswagen Data:Lab Demonstrate Hybrid Quantum Computing Use Cases
14.3.2. Agreement, Collaboration, & Partnership
14.3.2.1. PsiQuantum Expands Development Engagement and Plan for Production Ramp of Quantum Computing Technology at SkyWater’s Minnesota Fab
14.3.2.2. PsiQuantum Will Partner with DARPA to Accelerate Path to Build the World’s First Utility-Scale Quantum Computer
14.3.2.3. Xanadu and Rolls-Royce to build quantum computing tools with PennyLane
14.3.2.4. Hyundai, Ford expand partnerships with quantum computing firms
14.3.2.5. BosonQ Psi to Integrate the World's First Quantum-Powered Engineering Simulation Software With the Strangeworks Ecosystem
14.3.2.6. Automakers like BMW are becoming quantum computing’s early adopters
14.3.3. Investment & Funding
14.3.3.1. Strangeworks raises USD 24M to expand quantum computing ecosystem
15. Competitive Portfolio
15.1. Key Company Profiles
15.1.1. Accenture PLC
15.1.2. Amazon Web Services, Inc.
15.1.3. Capgemini Group
15.1.4. ColdQuanta, Inc.
15.1.5. D-Wave Quantum Inc.
15.1.6. Google LLC by Alphabet Inc.
15.1.7. Honeywell International Inc.
15.1.8. Intel Corporation
15.1.9. International Business Machines Corporation
15.1.10. IonQ, Inc.
15.1.11. Isara Corporation
15.1.12. Microsoft Corporation
15.1.13. Motovis
15.1.14. ORCA Computing Limited
15.1.15. PASQAL SAS
15.1.16. PsiQuantum, Corp.
15.1.17. QC Ware Corp.
15.1.18. Quantinuum Ltd.
15.1.19. Rigetti & Co, Inc.
15.1.20. Rigetti & Co, LLC
15.1.21. Terra Quantum AG
15.1.22. Toshiba Digital Solutions Corporation by Toshiba Corporation
15.1.23. Xanadu
15.1.24. Zapata Computing, Inc.
15.2. Key Product Portfolio
16. Appendix
16.1. Discussion Guide
16.2. License & Pricing
FIGURE 1. QUANTUM COMPUTING IN AUTOMOTIVE MARKET RESEARCH PROCESS
FIGURE 2. QUANTUM COMPUTING IN AUTOMOTIVE MARKET SIZE, 2023 VS 2030
FIGURE 3. QUANTUM COMPUTING IN AUTOMOTIVE MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. QUANTUM COMPUTING IN AUTOMOTIVE MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. QUANTUM COMPUTING IN AUTOMOTIVE MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. QUANTUM COMPUTING IN AUTOMOTIVE MARKET DYNAMICS
FIGURE 7. QUANTUM COMPUTING IN AUTOMOTIVE MARKET SIZE, BY COMPONENT, 2023 VS 2030 (%)
FIGURE 8. QUANTUM COMPUTING IN AUTOMOTIVE MARKET SIZE, BY COMPONENT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. QUANTUM COMPUTING IN AUTOMOTIVE MARKET SIZE, BY TECHNOLOGY, 2023 VS 2030 (%)
FIGURE 10. QUANTUM COMPUTING IN AUTOMOTIVE MARKET SIZE, BY TECHNOLOGY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. QUANTUM COMPUTING IN AUTOMOTIVE MARKET SIZE, BY DEPLOYMENT TYPE, 2023 VS 2030 (%)
FIGURE 12. QUANTUM COMPUTING IN AUTOMOTIVE MARKET SIZE, BY DEPLOYMENT TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. QUANTUM COMPUTING IN AUTOMOTIVE MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 14. QUANTUM COMPUTING IN AUTOMOTIVE MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. QUANTUM COMPUTING IN AUTOMOTIVE MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
FIGURE 16. QUANTUM COMPUTING IN AUTOMOTIVE MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. AMERICAS QUANTUM COMPUTING IN AUTOMOTIVE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. AMERICAS QUANTUM COMPUTING IN AUTOMOTIVE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. UNITED STATES QUANTUM COMPUTING IN AUTOMOTIVE MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 20. UNITED STATES QUANTUM COMPUTING IN AUTOMOTIVE MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. ASIA-PACIFIC QUANTUM COMPUTING IN AUTOMOTIVE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. ASIA-PACIFIC QUANTUM COMPUTING IN AUTOMOTIVE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. EUROPE, MIDDLE EAST & AFRICA QUANTUM COMPUTING IN AUTOMOTIVE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 24. EUROPE, MIDDLE EAST & AFRICA QUANTUM COMPUTING IN AUTOMOTIVE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 25. QUANTUM COMPUTING IN AUTOMOTIVE MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 26. QUANTUM COMPUTING IN AUTOMOTIVE MARKET SHARE, BY KEY PLAYER, 2023

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