Global Artificial Intelligence in Transportation Market was valued at USD 1.85 billion in 2018 which is expected to reach USD 4.8 billion by 2030 at a CAGR 17.3%.
Artificial intelligence technology is the computer operated task which involves human intelligence such as solving complex problem solving, and decision making. Global artificial intelligence in transportation market is exponentially growing due to government rules and regulations for vehicle safety and security and implementation of enhanced driver assistance systems.
Increase in technological advancements in transportation industry is expected to drive the global artificial intelligence in transportation market growth. For instance, in May 2019, Sweden had launched world’s first driverless truck called a T-Pod. T-Pod reduces the operating cost. Furthermore, increase in demand for convenience and safety is the opportunity for OEMs to develop artificial intelligence systems which is expected to propel the growth of global artificial intelligence in transportation market. Moreover, the development of autonomous vehicles for transportation will have the positive impact on growth of global artificial intelligence in transportation market.
However, high cost of artificial intelligence systems and high infrastructure cost are the major challenges for the growth of artificial intelligence in transportation market. Also, machine learning is data driven and cyber security and data privacy will affect the global artificial intelligence in transportation market growth.
Global Artificial Intelligence in Transportation Market is segmented into offering such as Hardware, and Software, by technology such as Computer Vision, NLP, and Deep Learning. Further, Global Artificial Intelligence in Transportation Market is segmented into process such as Signal Recognition, and Data Mining.
Also, Global Artificial Intelligence in Transportation Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Various key players are discussed in this report such as Daimler, Scania, Paccar, Man, Volvo, Continental, Magna, Bosch, Valeo, and ZF.
1.1. Market Taxonomy
3.1. Forecast Factor
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Challenges
3.2.3. Trends
5.1. Y-o-Y Growth Comparison, By Offering
5.2. Global Artificial Intelligence in Transportation Market Share Analysis, By Offering
5.3. Global Artificial Intelligence in Transportation Market Size and Forecast, By Offering
5.3.1 Hardware
5.3.2 Software
6.1. Y-o-Y Growth Comparison, By Technology
6.2. Global Artificial Intelligence in Transportation Market Share Analysis, By Technology
6.3. Global Artificial Intelligence in Transportation Market Size and Forecast, By Technology
6.3.1 Computer Vision
6.3.2 NLP
6.3.3Deep Learning
7.1. Y-o-Y Growth Comparison, By Process
7.2. Global Artificial Intelligence in Transportation Market Share Analysis, By Process
7.3. Global Artificial Intelligence in Transportation Market Size and Forecast, By Process
7.3.1Signal Recognition
7.3.2 Data Mining
8.1. Y-o-Y Growth Comparison, By Region
8.2. Global Artificial Intelligence in Transportation Market Share Analysis, By Region
9.1 Introduction
9.2 North America Artificial Intelligence in Transportation Market Analysis, By Offering
9.3 North America Artificial Intelligence in Transportation Market Analysis, By Technology
9.4 North America Artificial Intelligence in Transportation Market Analysis, By Process
9.5 North America Artificial Intelligence in Transportation Market Analysis, By Country
9.5.1USA
9.5.2 Canada
9.5.3 Mexico
10.1 Introduction
10.2 Europe Artificial Intelligence in Transportation Market Analysis, By Offering
10.3 Europe Artificial Intelligence in Transportation Market Analysis, By Technology
10.4 Europe Artificial Intelligence in Transportation Market Analysis, By Process
10.5 Europe Artificial Intelligence in Transportation Market Analysis, By Country
10.5 .1Germany
10.5 .2 France
10.5 .3 UK
10.5 .4 Rest of Europe
11.1 Introduction
11.2 Asia Pacific Artificial Intelligence in Transportation Market Analysis, By Offering
11.3Asia Pacific Artificial Intelligence in Transportation Market Analysis, By Technology
11.3Asia Pacific Artificial Intelligence in Transportation Market Analysis, By Process
11.4 Asia Pacific Artificial Intelligence in Transportation Market Analysis, By Country
11.4.1China
11.4.2 India
11.4.3 Japan
11.4.4 Rest of Asia Pacific
12.1 Introduction
12.2 Latin America Artificial Intelligence in Transportation Market Analysis, By Offering
12.3Latin America Artificial Intelligence in Transportation Market Analysis, By Technology
12.4Latin America Artificial Intelligence in Transportation Market Analysis, By Process
13.1 Introduction
13.2 Middle East & Africa Artificial Intelligence in Transportation Market Analysis, By Offering
13.3Middle East & Africa Artificial Intelligence in Transportation Market Analysis, By Technology
13.4Middle East & Africa Artificial Intelligence in Transportation Market Analysis, By Process
14.1 Competition Dashboard
14.2Market Share Analysis of Top Vendors
14.3 Key Development Strategies
15.1 Daimler
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financial
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Scania
15.3 Paccar
15.4 Man
15.5 Volvo
15.6 Continental
15.7 Magna
15.8 Bosch
15.9 Valeo
15.10 ZF
