Artificial Intelligence in Transportation Market Global Outlook and Forecast 2024-2030

Artificial Intelligence in Transportation Market size was valued at USD 3.25 Bn. in 2023 and the total Artificial Intelligence in Transportation revenue is expected to grow by 18.3 % from 2024 to 2030, reaching nearly USD 10.54 Bn.

Artificial Intelligence in Transportation Market Overview:

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the "Artificial Intelligence in Transportation Market". The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Artificial Intelligence in Transportation market, with forecasts outspreading to the year 2030.

For Sample Request Link:https://www.maximizemarketresearch.com/request-sample/24592/

Artificial Intelligence in Transportation Market Scope and Methodology:

The market research report Artificial Intelligence in Transportation provides comprehensive details on important factors, including those anticipated to drive the industry's growth and impending obstacles. Stakeholders will have a solid understanding of the investment potential in the Artificial Intelligence in Transportation market, the industry's competitive environment, and the products pushed by well-known brands. The research examines the sector's qualitative and quantitative aspects. Part of what the MMR probe looks into is a thorough analysis of the competition for the Artificial Intelligence in Transportation Market.

A lengthy list of needs is included in the study, along with a detailed explanation for each. When creating the Artificial Intelligence in Transportation Market, a wide range of primary and secondary information sources were taken into account, including official government documents, websites, annual reports, and expert and professional comments.

Artificial Intelligence in Transportation Market Regional Insights:

In this report, the market size, growth rate, import and export by region, and other pertinent facts are all carefully examined. It is simple to comprehend the Artificial Intelligence in Transportation market conditions in various nations thanks to the research's regional analysis. The Artificial Intelligence in Transportation market is composed of markets in North America, Europe, South America, Asia Pacific, and the Middle East.

Artificial Intelligence in Transportation Market Segmentation:

by IoT Communications

LTE
LPWAN
5G

by Offering

Hardware
Software

by Machine Learning Technology

Deep Learning
Computer Vision
Context Awareness
Natural Language Processing (NLP)

The market was led by the Deep Learning category in 2023, and this trend is anticipated to continue during the forecast period. Seep learning is being used in the transportation industry to generate a wide range of AI applications. The branch of machine learning known as "Deep Learning" makes use of convolutional and artificial neural networks. Deep learning algorithms are able to identify complex patterns in data that are too difficult for conventional machine learning algorithms to detect. In machine learning, computer vision (CV) is also seeing a sharp increase in demand. A kind of machine learning called CV enables computers to understand and interpret photos and videos. These algorithms can recognize objects, track movement, and calculate distances.

by Process

Signal Recognition
Object Recognition
Data Mining

by Application

Autonomous Trucks
HMI In Trucks
Semi-Autonomous Trucks
Truck Platooning
Precision Mapping
Predictive Maintenance
HMI in the Trucks
Others

With a 26% market share in 2023, precision mapping led the industry and is predicted to continue doing so throughout the forecast period. Artificial Intelligence plays a significant part in transportation. Precision lowers costs and boosts efficiency, which enhances the whole transit experience. High-precision maps of roads and highways-such as those used by autonomous vehicles for navigation-are produced by artificial intelligence. AI analyzes data, weather trends, and traffic patterns to produce more precise and correct traffic maps, which improves routing and traffic management. Trucks equipped with human-machine interfaces (HMIs) let drivers communicate with the vehicle's computerized systems.

Sample Request Report Link Details Click Here :@https://www.maximizemarketresearch.com/request-sample/24592/

Artificial Intelligence in Transportation Market Key Players:

1. Continental (Hanover, Germany)
2. Volvo
3. ZF
4. Zonar
5. Tier-I Suppliers
6. Daimler (Stuttgart, Germany)
7. Scania
8. Microsoft
9. Paccar
10. Man
11. Bosch
12. NVIDIA
13. Valeo
14. Peloton
15. Xevo
16. Software Suppliers
17. Start-Up's Bosch
18. Intel
19. Alphabet
20. Magna
21. Nauto
22. IBM Corporation

To Get More:https://www.maximizemarketresearch.com/market-report/global-artificial-intelligence-ai-in-transportation-market/24592/

Key questions answered in the Artificial Intelligence in Transportation Market are:

What is Artificial Intelligence in Transportation?
What was the Artificial Intelligence in Transportation market size in 2023?
What is the growth rate of the Artificial Intelligence in Transportation Market?
Which are the factors expected to drive the Artificial Intelligence in Transportation market growth?
What is the CAGR at which the Artificial Intelligence in Transportation market will grow during the forecast period?
What are the different segments of the Artificial Intelligence in Transportation Market?
Which is the fastest growing region in the Artificial Intelligence in Transportationmarket?
What growth strategies are the players considering to increase their presence in Artificial Intelligence in Transportation?
What are the upcoming opportunities and trends for the Artificial Intelligence in Transportation Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Artificial Intelligence in Transportation Market?
Who are the leading companies and what are their portfolios in Artificial Intelligence in Transportation Market?
What segments are covered in the Artificial Intelligence in Transportation Market?
Who are the key players in the Artificial Intelligence in Transportation market?

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by different segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations

Related Reports:

MiddleEast Active Pharmaceutical Ingredients Market https://www.maximizemarketresearch.com/market-report/active-pharmaceutical-ingredients-market-middle-east/2237/

Single cell omics Market https://www.maximizemarketresearch.com/market-report/single-cell-omics-market/187051/

Cables and Connector Market https://www.maximizemarketresearch.com/market-report/cables-and-connector-market/187023/

Robotic Vacuum Cleaners Market https://www.maximizemarketresearch.com/market-report/robotic-vacuum-cleaners-market/187064/

Almond Market https://www.maximizemarketresearch.com/market-report/almond-market/187333/

Pig Iron Market https://www.maximizemarketresearch.com/market-report/pig-iron-market/189389/

Personal Watercraft Market https://www.maximizemarketresearch.com/market-report/personal-watercraft-market/189203/

Apparel Market https://www.maximizemarketresearch.com/market-report/apparel-market/189623/

Gum Turpentine Market https://www.maximizemarketresearch.com/market-report/gum-turpentine-market/194141/

Welded Pipes Market https://www.maximizemarketresearch.com/market-report/welded-pipes-market/148354/

Contact Maximize Market Research:

3rd Floor, Navale IT Park, Phase 2

Pune Banglore Highway, Narhe,

Pune, Maharashtra 411041, India

sales@maximizemarketresearch.com

+91 9607365656,+91 9607195908

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

This release was published on openPR.