United Kingdom AI in transportation market is anticipated to register growth with an impressive CAGR in the forecast period, 2023-2027. The market growth can be attributed to increasing demand for the traffic regulations. Surge in the adoptions of the artificial intelligence and internet of things in the automotives and related services further drives the growth of the United Kingdom AI in transportation market in the upcoming five years. Increasing advancement in the technology incorporated in the automotives, surging investment in the development of these technologies further supports the growth of the United Kingdom AI in transportation market in the next five years.
Internet of Things
Advancements of Self-Driving Vehicles Promises Market
digital technology
Road Accidents & High Traffic Problems Fuel Demands For Technology Adaption
Increasing instances of human mistakes while parking or other vehicular functions leads to increased cases of on road accidents. Also, with high population and growing sales of the passenger cars, personal vehicle, rising disposable income of the market adds to the growing traffic congestion on road. In the year 2021, more than 1.6 million units of automotives were sold in the United Kingdom.
traffic management
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Market Segmentation
signal recognition
Company Profile
Daimler AG, Robert Bosch GmbH, Intel Corporation, Continental AG, The Volvo Group, ZF Friedrichshafen AG, Magna International Inc., Valeo, Nvidia Corporation, Scania AB
Attribute | Details |
Base Year | 2021 |
Historical Data | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million, volume in units, and CAGR for 2017-2021 and 2022-2027 |
Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
Segments covered | · Machine Learning Technology · Process · Application · Offering |
Regional scope | London, East Anglia, Southwest, Southeast, Scotland, East Midlands, and Yorkshire & Humberside |
Key companies profiled | Daimler AG, Robert Bosch GmbH, Intel Corporation, Continental AG, The Volvo Group, ZF Friedrichshafen AG, Magna International Inc., Valeo, Nvidia Corporation, Scania AB |
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) |