The global Artificial Intelligence in transportation market size is expected to reach USD 7,065.1 Million in 2028 and register a robust CAGR over the forecast period, according to latest analysis by Emergen Research. Steady revenue growth of the Artificial Intelligence in transportation market can be attributed to rising demand for safety and security in transportation and logistics and increasing deployment of more advanced traffic management solutions. Artificial Intelligence (AI) in transportation is used to gather traffic data to decrease traffic congestion and enhance public transport scheduling.
The study draws a forecast of the growth of the artificial intelligence in transportation market by evaluating the market size, share, demand, trends, and gross revenue of the industry. It also focuses on the positions of the major companies against the competitive landscape and their individual share in the global market. The report segments the industry based on product type, application and end-use. It highlights the recent trends and technological developments in the sector that will potentially influence the industry. The research offers a detailed outlook of the trends observed in the market, the contributing factors, major stakeholders, key companies and prime areas that exhibit a potential for growth.
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The report studies the impact of the COVID-19 pandemic on the Artificial Intelligence in Transportation market and its crucial segments. The supply chain disruptions and economic instability have negatively impacted the growth of the market in several key regions. The report offers an in-depth analysis of the market size, market share, and market growth and its estimation through the forecast years on the basis of the COVID-19 crisis. The report examines the recent COVID-19 crisis and its impact on the global market. The report explores the present and future impact of the pandemic and provides an insight into the post-pandemic market scenario.
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The report further divides the Artificial Intelligence in Transportation market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Artificial Intelligence in Transportation market.
Key companies profiled in the report include:
Daimler AG, Continental AG, Robert Bosch GmbH, VOLVO, PACCAR Inc., Magna International Inc., ZF Friedrichshafen AG, Scania AB, Valeo, and MAN SE.
Emergen Research has segmented the global Artificial Intelligence in transportation market in terms of process, learning technology, application, and region:
Process Outlook (Revenue, USD Million; 2021–2028)
Signal Recognition
Object Recognition
Data Mining
Learning Technology Outlook (Revenue, USD Million; 2021–2028)
Deep Learning
Context Awareness
Computer Vision
Natural Language Processing
Application Outlook (Revenue, USD Million; 2021–2028)
Autonomous Trucks
HMI Trucks
Semi-autonomous Trucks
Regional Analysis:
Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.
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Key Questions Answered by the Report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the Artificial Intelligence in Transportation market?
What are the key product types and applications of the Artificial Intelligence in Transportation industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
How is the competitive landscape of the Artificial Intelligence in Transportation market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Artificial Intelligence in Transportation Market by 2027?
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