Semi-Autonomous & Autonomous Bus Market by Level of Automation, Propulsion, Application, ADAS Features, Sensor, and Region - Global Forecast to 2030

DUBLIN, June 4, 2020 /PRNewswire/ -- The "Semi-Autonomous & Autonomous Bus Market by Level of Automation (Level 1, Level 2 & 3, Level 4, and Level 5), Propulsion (Diesel, Electric, and Hybrid), Application, ADAS Features, Sensor, and Region - Global Forecast to 2030" report has been added to ResearchAndMarkets.com's offering

The global autonomous bus market size is projected to reach USD 2,773 million by 2030, from USD 791 million in 2024, at a CAGR of 23.2%.

The entry of autonomous buses in the automotive industry will change the way public transport is done across the world. The autonomous bus technology enhances safety, efficiency, and productivity. Autonomous buses can help decrease the number of road accidents significantly, thus increasing road safety in different scenarios or conditions. These vehicles follow the traffic rules and keep a distance from other vehicles. In this way, these vehicles would help decrease traffic congestion and increase efficiency and productivity.

The effective first-mile to last-mile commuting would drive the autonomous shuttle segment in the forecast.

The shuttle segment is expected to dominate the autonomous bus market, as these are already commercialized. Many companies such as Navya, EasyMile, and Local Motors have developed self-driving shuttles. Successful pilot programs of autonomous shuttles across the world are indicating that shuttles could be a practical solution to the gaps in traditional public transport.

For instance, EasyMile, a French autonomous shuttle provider, claims to have deployed the most number of such shuttles globally than any other company. Also, Navya, 2getthere, Local Motors, and Sensible4 are some of the companies that have developed, tested, and are offering autonomous shuttles. On the other hand, commercialization of intercity or intracity buses would take time due to challenges such as highway operation, long-distance, city traffic, lack of infrastructure (intracity coaches might require separate lane in the city and highway conditions), and government regulations.

Asia Pacific is expected to be the fastest-growing market during the forecast period

The Asia Pacific region comprises countries, such as China, Japan, and South Korea, which have a technologically advanced automotive industry. The Chinese bus company, King Long, developed a self-driving shuttle with the autonomous platform by Baidu and started first-ever volume production of these shuttles in June 2018. As China, Japan, and South Korea are capable of adopting such technology and produce on mass-level, the region will have a significant market share in the autonomous bus market. Apart from these testing and trials, the region is heavily dependent on buses as a public transport medium. Thus, recent developments in autonomous technologies and quick adoption of the technology would help the Asia Pacific market to grow rapidly.

North America is expected to be the largest market in the forecast period

The North American region is projected to account for the largest share of the semi-autonomous bus market during the forecast period. It is home to OEMs, such as New Flyer, Gillig, Novabus, Bluebird, Thomas Built Buses, and Proterra, that are offering advanced buses in the region. The region is dominated by modern buses having ADAS features as standard or optional. OEMs in the country have been providing many semi-autonomous driving features such as AEB, BSD, and ACC. Also, the region is home to many technology companies that are exploring the autonomous driving technology with testing and trials across the region.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Semi-Autonomous Bus Market
4.2 Attractive Opportunities in the Autonomous Bus Market
4.3 Attractive Opportunities in the Autonomous Bus Market
4.4 Semi-Autonomous Bus Market Growth Rate, by Region
4.5 Semi-Autonomous Bus Market, by Propulsion Type
4.6 Autonomous Bus Market, by Propulsion Type-
4.7 Autonomous Bus Market, by Application
4.8 Semi-Autonomous Bus Market, by Adas Feature
4.9 Semi-Autonomous Bus Market, by Level of Automation
4.10 Autonomous Bus Market, by Level of Automation
4.11 Semi-Autonomous Bus Market, by Sensor Type, by Volume
4.12 Semi-Autonomous Bus Market, by Sensor Type, by Value
4.13 Autonomous Bus Market, by Sensor Type, by Volume
4.14 Autonomous Bus Market, by Sensor Type, by Value

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Emphasis on Better Road Safety and Traffic Control
5.2.1.2 Economic Effect of Semi-Autonomous and Autonomous Buses on the Transport Industry
5.2.2 Restraints
5.2.2.1 Cybersecurity and Data Security Concerns
5.2.2.2 High Cost of Development
5.2.2.3 Lack of Information Technology and Communication Infrastructure in Developing Nations
5.2.3 Opportunities
5.2.3.1 Increasing Demand for 5G Technology for Vehicle Connectivity
5.2.3.2 Demand for Fuel-Efficient and Emission-Free Buses
5.2.4 Challenges
5.2.4.1 Tapping the Untapped Market
5.2.4.2 Legal and Regulatory Framework Issues
5.3 Autonomous Bus Market, Scenarios (2024-2030)
5.3.1 Most Likely Scenario
5.3.2 Optimistic Scenario
5.3.3 Pessimistic Scenario

6 Industry Trends
6.1 Introduction
6.2 Autonomous Shuttle
6.3 Porter's Five Forces Model Analysis
6.4 Value Chain Analysis
6.4.1 Planning and Revising Funds
6.4.2 Automotive Component Suppliers
6.4.3 Av Software and Sensor Suppliers
6.4.4 OEMs
6.5 Ecosystem of Autonomous Driving
6.6 Patent Analysis
6.6.1 Introduction
6.6.2 Patents Filed
6.6.2.1 Country-Wise Patent Analysis
6.6.2.2 Oem-Wise Patent Analysis & Details
6.6.3 Case Study Analysis
6.6.3.1 Case Study on European Automated Bus/Shuttle Pilot Projects
6.6.4 List of Ongoing Autonomous Shuttle Pilot Projects in the European Region
6.6.4.1 Case Study on Mcity Driverless Shuttle Project

7 Government Regulations & Guidelines for Testing
7.1 Regional and Country-Level Regulations/Guidelines Related to the Semi-Autonomous & Autonomous Buses Market:
7.2 Regulations Related to Autonomous Shuttles and Buses
7.3 Impact of Current and Future Regulations on the Semi-Autonomous Bus Market

8 Semi-Autonomous and Autonomous Bus Market, by Propulsion Type
8.1 Introduction
8.2 Operational Data
8.2.1 Assumptions
8.2.2 Research Methodology
8.3 Diesel
8.3.1 Dominance of Diesel Buses in Public Transport Fleets Across the World to Help North America Lead the Market
8.4 Electric
8.4.1 Electric Bus OEMs Offering Advanced Features, Especially in North America and Europe
8.4.2 Presence of Technology Providers in the Region to Help North America Lead the Segment
8.5 Hybrid
8.5.1 North America is Projected to Dominate the Hybrid Segment
8.5.2 Increasing Demand for More Efficient Busses Will Dominate the Hybrid Segment
8.6 Key Industry Insights

9 Autonomous Bus Market, by Application
9.1 Introduction
9.2 Operational Data
9.2.1 Assumptions
9.2.2 Research Methodology
9.3 Shuttle
9.3.1 Domination of European Companies to Help the Region Lead the Market, at Least Initially
9.4 Intercity/Intracity
9.4.1 Buses Equipped With Advanced Technologies Driving the Market
9.5 Key Industry Insights

10 Semi-Autonomous and Autonomous Bus Market, by ADAS Feature
10.1 Introduction
10.2 Operational Data
10.2.1 Assumptions
10.2.2 Research Methodology
10.3 Adaptive Cruise Control (ACC)
10.3.1 Reduction in Fuel Consumption Due to Acc Will Drive Its Demand
10.4 Automatic Emergency Braking (AEB)
10.4.1 Increasing Demand for Safety in Public Transport Would Boost the AEB Segment
10.5 Blind Spot Detection (BSD)
10.5.1 Increasing Number of Accidents to Help the BSD Segment to Grow
10.6 Intelligent Park Assist (Ipa)
10.6.1 Ease of Parking in Congested Places Such as Bus Depots and Bus Stations to Benefit Ipa in the Future
10.7 Lane Keep Assist (Lka)
10.7.1 High Demand for Safety Features to Minimize the Rate of Accidents on Highways Will Drive the North American Market
10.8 Traffic Jam Assist (TJA)
10.8.1 Rising Focus on Better Road Safety and Advanced Autonomous Driving Technology to Drive the North American Market
10.9 Highway Pilot (HP)
10.9.1 Short Range Object Detection by Ultrasonic Sensors Will Boost the Market
10.10 Key Industry Insights

11 Semi-Autonomous and Autonomous Bus Market, by Level of Automation
11.1 Introduction
11.2 Operational Data
11.2.1 Assumptions
11.2.2 Research Methodology
11.3 Level 1
11.3.1 Government Mandates for Level 1 Automation Will Fuel the Market
11.4 Level 2 & 3
11.4.1 Upgrade of More Safety Features in Level 2 & 3 Automation Will Boost the Semi-Autonomous Bus Market
11.5 Autonomous Bus Market, by Level of Automation
11.6 Level 4
11.6.1 Increasing Trend of Level 4 Autonomous Shuttles to Drive the European and North American Markets
11.7 Level 5
11.7.1 North America is Expected to Be the First to Adopt Level 5 Autonomous Buses or Shuttles
11.8 Key Industry Insights

12 Semi-Autonomous and Autonomous Bus Market, by Sensor Type
12.1 Introduction
12.2 Operational Data
12.2.1 Assumptions
12.2.2 Research Methodology
12.3 Camera
12.3.1 OEMs Offering Advanced Buses in the Region to Boost the North American Region
12.4 Radar
12.4.1 High Demand for Accurate Data With a Precise Angular Resolution Driving the Growth of Radar Sensors
12.5 Lidar
12.5.1 Adas Applications Supported by Lidar Will Fuel the Market
12.6 Ultrasonic
12.6.1 Short Range Object Detection by Ultrasonic Sensors Will Boost the Market
12.7 Key Industry Insights

13 Semi-Autonomous and Autonomous Bus Market, by Region
13.1 Introduction
13.2 Asia-Pacific
13.3 Europe
13.4 North America
13.5 Rest of the World

14 Competitive Landscape
14.1 Overview
14.2 Market Ranking Analysis for the Semi-Autonomous Bus Market
14.3 Market Ranking Analysis for the Autonomous Bus Market
14.4 Competitive Scenario
14.4.1 Collaborations/Joint Ventures/Supply Contracts/ Partnerships/Agreements
14.4.2 New Product Developments
14.4.3 Mergers & Acquisitions, 2016-2017
14.4.4 Expansions, 2017-2019
14.5 Competitive Leadership Mapping for the Semi-Autonomous and Autonomous Bus Market
14.5.1 Stars
14.5.2 Emerging Leaders
14.5.3 Pervasive
14.5.4 Emerging Companies
14.6 Strength of Product Portfolio
14.7 Business Strategy Excellence
14.8 Winners Vs. Tail-Enders

15 Company Profiles
15.1 Key Players
15.1.1 AB Volvo
15.1.2 Bosch
15.1.3 Continental
15.1.4 Denso
15.1.5 Aptiv
15.1.6 Nvidia
15.1.7 Daimler
15.1.8 2Getthere (ZF)
15.1.9 Local Motors (LM Industries)
15.1.10 Proterra
15.1.11 Easymile
15.1.12 Navya
15.2 Other Major Players
15.2.1 North America
15.2.1.1 Qualcomm
15.2.1.2 Intel
15.2.1.3 Uber
15.2.2 Europe
15.2.2.1 Scania
15.2.2.2 NXP
15.2.2.3 Iveco
15.2.2.4 BMW
15.2.3 Asia-Pacific
15.2.3.1 Yutong

For more information about this report visit https://www.researchandmarkets.com/r/2323zh

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]   

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1904
Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets

Related Links

http://www.researchandmarkets.com