Artificial Intelligence in Transportation Market Size Analysis, Drivers, Restraints, Key Factors Forecast, 2021–2032

 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. AI helps in streamlining traffic patterns through real-time tracking and intelligent traffic light algorithms, thereby enabling smooth traffic flow, which significantly improves various aspects in transportation. Besides, AI helps in decreasing fuel consumption and exhaust emissions, which would otherwise be higher in a normal setting as a result of numerous vehicles moving slowly during a traffic jam or congestion.

The Global Artificial Intelligence in Transportation Market research study published by Reports and Data is an extensive collection of insightful information about the Artificial Intelligence in Transportation industry. The report covers the Artificial Intelligence in Transportation Market segmentation along with a detailed outline of the Artificial Intelligence in Transportation market size with regards to volume and valuation. The report provides comprehensive coverage of the Artificial Intelligence in Transportation market scenario for the current period and forecast timeline of 2020-2027. The Artificial Intelligence in Transportation market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.

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 The leading market contenders listed in the report are:

Daimler AG, Continental AG, Robert Bosch GmbH, VOLVO, PACCAR Inc., Magna International Inc., ZF Friedrichshafen AG, Scania AB, Valeo, and MAN SE

Key reasons to buy the Global Artificial Intelligence in Transportation Market report:

  1. The latest report comprehensively studies the global Artificial Intelligence in Transportation market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
  2. The report offers an insightful analysis of the regional outlook of the market.
  3. It offers a detailed account of the end-use applications of the products services offered by this industry.
  4. The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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 Market Segmentations of the Artificial Intelligence in Transportation Market

  • 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

 

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 Regional Outlook of the Artificial Intelligence in Transportation Market

The global Artificial Intelligence in Transportation market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Artificial Intelligence in Transportation market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.

Key reasons to buy the Global Artificial Intelligence in Transportation Market report:

  1. The latest report comprehensively studies the global Artificial Intelligence in Transportation market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
  2. The report offers an insightful analysis of the regional outlook of the market.
  3. It offers a detailed account of the end-use applications of the products services offered by this industry.
  4. The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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