Artificial Intelligence in Transportation Market Outlook 2027 By Size, Share, Trends, Future Growth, Technology
According to TechSci Research, Global Artificial Intelligence in Transportation Market is expected to grow at double-digit CAGR of over 17% in value terms owing to growing adoption of advanced driver assistance systems, government stringent regulation for vehicle safety and growing technical advancements in vehicles like autonomous vehicles. Based on machine learning technology of the artificial intelligence in transportation market, the Deep learning technology holds the largest market share in 2021 and is expected to maintain its dominance over the next five years as well. Moreover, North America region is estimated to be the largest market for the artificial intelligence in transportation market as the region is the major contributor in advance technology sector and is investing majorly on the research and development sector.
Some of the leading players in the Global Artificial Intelligence in Transportation market are Volvo, Daimler, Man, Paccar, Scania, Bosch, Magna, Continental, Valeo, ZF, Intel, Microsoft, Alphabet etc
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- To analyse and forecast the market size of Artificial Intelligence in Transportation, in terms of value.
- To classify and forecast global Artificial Intelligence in Transportation based on offering, machine learning technology, application, process and regional distribution.
- To identify drivers and challenges for global Artificial Intelligence in Transportation.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global Artificial Intelligence in Transportation.
- To conduct the pricing analysis for Artificial Intelligence in Transportation.
- To identify and analyse the profile of leading players involved in the manufacturing of global Artificial Intelligence in Transportation.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of collaboration solution and service vendors across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the solution and service vendors which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration solution and service vendors across the globe.
TechSci Research calculated the market size of Global Artificial Intelligence in Transportation using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.
Key Target Audience:
- Artificial Intelligence in Transportation Software & Solution Providers
- Automotive OEMs
- Raw material manufacturers
- Artificial intelligence hardware and software suppliers
- Research organizations and consulting companies.
- Research Institutes
- Industry associations
- Market research and consulting firm.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration solution and service vendors, distributors and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Attribute | Details |
Base Year | 2021 |
Historical Data | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F |
Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments covered | · Offering · Machine Learning Technology · Application · Process |
Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa |
Country scope | United States, Mexico, Canada, China, India, Japan, South Korea, Australia, Singapore; Malaysia; Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia, Qatar; Brazil, Argentina, Colombia; |
Key companies profiled | Volvo, Daimler, Man, Paccar, Scania, Bosch, Magna, Continental, Valeo, ZF, Intel, Microsoft, Alphabet. |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope:
In this report, Global Artificial Intelligence in Transportation market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Market, By Offering:
- Hardware
- Software
- Market, By Machine Learning Technology:
- Deep Learning
- Computer Vision
- Context Awareness
- NLP
- Market, By Application:
- Semi & Full-Autonomous
- HMI
- Platooning
- Market, By Process:
- Data Mining
- Image Recognition
- Signal Recognition
- Market, by Region:
- Asia Pacific
§ China
§ India
§ Japan
§ South Korea
- Australia
- Singapore
- Malaysia
- Europe & CIS
§ France
§ Germany
§ United Kingdom
§ Italy
§ Spain
- North America
§ United States
§ Mexico
§ Canada
- South America
§ Brazil
§ Argentina
§ Colombia
- Middle East and Africa
§ South Africa
§ Saudi Arabia
§ UAE
§ Qatar
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Artificial Intelligence in Transportation.
About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
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