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Artificial Intelligence in Transportation Market (2)

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The artificial intelligence in transportation market is valued at USD 1.00 Billion in 2016 and is projected to grow at a CAGR of 17.87% during the forecast period. The base year considered for the study is 2016 and the forecast period is from 2017 to 2030. Growing demand for safety & security and increasing focus toward reducing the operating cost of transportation have triggered the growth of the artificial intelligence market for transportation. – PowerPoint PPT presentation

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Title: Artificial Intelligence in Transportation Market (2)


1
  • Artificial Intelligence in Transportation Market
    worth 10.30 Billion USD by 2030

2
The artificial intelligence in transportation
market is valued at USD 1.00 billion in 2016 and
is projected to grow at a CAGR of 17.87 during
the forecast period. The base year considered for
the study is 2016 and the forecast period is from
2017 to 2030. Growing demand for safety
security and increasing focus toward reducing the
operating cost of transportation have triggered
the growth of the artificial intelligence market
for transportation.
3
Target audience of artificial intelligence in
transportation market
  • Artificial intelligence hardware and software
    suppliers
  • Raw material manufacturers of artificial
    intelligence system components
  • Automotive OEMs
  • Artificial intelligence service/solution
    providers
  • Industry associations and connected vehicle
    systems manufacturers
  • Governments national and regional environmental
    regulatory agencies or organizations
  • The automobile industry and related end-user
    industries
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4
Scope Of The Report
  • Artificial Intelligence in Transportation Market,
    By Application
  • Autonomous Trucks
  • HMI in Trucks
  • Semi-Autonomous Trucks
  • Artificial Intelligence in Transportation Market,
    By Machine Learning Technology
  • Deep Learning
  • Computer Vision
  • Context Awareness
  • Natural Language Processing

5
Key players
The key software Tier- I suppliers profiled in
the report include Continental AG (Germany),
Bosch (Germany), Microsoft (US), and NVIDIA (US).
These systems and technologies are supplied to
automotive OEMs such as Volvo (Sweden), Daimler
(Germany), Scania (Sweden), and others.
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6
North America is estimated to be the leading
market for artificial intelligence in
transportation.Transportation plays a
significant role in the north American economy.
According to American trucker association, there
are 8.7 million truck-related jobs in the US, and
the country still faces a shortage of truck
drivers. Hence, major developments related to
autonomous driving of trucks are taking place in
this country. Additionally, incentives and high
level of funding from the government plays a
major role in the development of this technology.
For instance, in 2016, the US government spent
USD 4.00 billion to accelerate the acceptance of
autonomous vehicles on US roads. Also, the
central north american trade corridor association
is planning to develop a driverless truck
corridor from mexico to manitoba. Also, the
region is home to leading technology companies
such as microsoft (US), intel (US), and NVIDIA
(US), which offer various AI technologies for
vehicles in partnership with oems. Therefore, the
north american region has a great potential for
the growth of the artificial intelligence in
transportation market.
7
Browse 76 Market Data Tables and 53 Figures
spread through 187 Pages and in-depth TOC
on "Artificial Intelligence in Transportation
Market by Machine Learning (Deep Learning,
Computer Vision, Context Awareness, NLP),
Application (Semi Full-Autonomous, HMI,
Platooning), Offering (Hardware, Software),
Process, and Region - Global Forecast to
2030"This study answers several questions for
the stakeholders, primarily which market segments
to focus on in the next two to five years to
prioritize efforts and investments.
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    reports.

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8
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9
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