United Kingdom AI in Transportation Market By Machine Learning Technology (Computer Vision, Context Awareness, Deep Learning, Natural Language Processing), By Process (Data Mining, Image Recognition, Signal Recognition), By Application (Autonomous Trucks, HMI in Trucks, Semi-Autonomous Trucks), By Offering (Hardware, Software), By Region, Competition Forecast & Opportunities, 2027

Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: ICT | Format: Report available in PDF / Excel Format

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United Kingdom AI in Transportation Market By Machine Learning Technology (Computer Vision, Context Awareness, Deep Learning, Natural Language Processing), By Process (Data Mining, Image Recognition, Signal Recognition), By Application (Autonomous Trucks, HMI in Trucks, Semi-Autonomous Trucks), By Offering (Hardware, Software), By Region, Competition Forecast & Opportunities, 2027

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.


MIR Segment1

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 â€“ 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

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