Artificial Intelligence in Transportation Market Revenue, Statistics, Industry Growth and Demand Analysis Research Report

 The goal of the most recent market intelligence report, "Global Artificial Intelligence in Transportation Market", is to provide the intended audience with essential details about the global keyword industry. The report provides in-depth analysis of the variables influencing the growth of the industry as well as the Artificial Intelligence in Transportation market. The advantages and disadvantages of the pandemic for the Artificial Intelligence in Transportation business are covered in great length in the paper. Due to supply chain interruptions and economic unpredictability, the dynamics of the Artificial Intelligence in Transportation business have shifted. The most significant geographic and market segmental effects of the pandemic are examined in the paper. In light of this, Emergen Research's report on the Artificial Intelligence in Transportation Market is a comprehensive compilation of the most crucial market factors, including product offerings by key players, a wide range of applications for these products, key market segments, key competitors, company profile, pricing strategy, production capacity, revenue generation strategy, technological advancement, etc.

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.

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The global Artificial Intelligence in Transportation market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global Artificial Intelligence in Transportation market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.

Leading companies profiled in the report:

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

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On the basis of type, the market is segmented into

• 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

In addition, the analytical data are presented in a well-organized format in the form of charts, tables, graphs, figures, and diagrams in the report. This makes it easier for readers to comprehend the market scenario in a beneficial way. In addition, the report aims to provide a forward-looking perspective and an instructive conclusion to assist the reader in making profitable business decisions. The report concludes with a comprehensive SWOT and Porter's Five Forces analysis of the segments anticipated to dominate the market, regional bifurcation, estimated market size and share, and more.

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