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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
The drive-through AI vehicle inspection system allows car owners to receive a selling price for their vehicle in only a few minutes. The automated vehicle valuation procedure eliminates the need for used vehicle dealers to waste time performing manual car inspections.
A long, flexible probe or arm is frequently attached to the base unit of inspection cameras. The camera module is attached to the probe's tip. When the camera is moved into position, the display will show you what it sees.
A tiny screen is frequently used to view the live video broadcast. Inspectors use inspection cameras to collect data for inspection reasons. These cameras are also known as industrial inspection cameras and digital inspection cameras.
The Global AI Vehicle Inspection camera market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
Ravin AI Launches 'Inspect Trade' Bringing Advanced Digital Vehicle Inspection to Car Dealerships. The AI-enabled tool allows car sellers to remotely view and appraise consumer trade-ins, auction vehicles, and other inventory.
a new inspection app that aids auto dealers in producing reliable condition reports and quickly grading and pricing vehicles.
The solution is an expansion of Ravin's product line, Ravin Inspect, which is utilized by international clients including Toyota and KAR Global and inspects rental and off-lease vehicles to produce a comprehensive remarketing condition .
The majority of used car inspections are still done manually at dealerships which is expensive and time-consuming and prevents automobiles from selling as rapidly as they could.
Additionally, due to a lack of transparency in the damage assessment process, dealers frequently make inaccurate estimates of a vehicle's value, which ultimately results in cars being sold at incorrect prices.
With the aid of computer vision and deep learning AI, dozens of exterior and interior car images, as well as other specific VIN data, Ravin's Inspect Trade tool provides dealers with a 360-degree view of cars that enables them to accurately estimate the impact of damage on a vehicle's value and convey that information to customers.
Dealers don't need any special training to use a mobile device to quickly check autos for damage.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introdauction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in theIndustry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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