Semi-Autonomous and Autonomous Bus Market by Degree of Automation: Global Opportunity Analysis and Industry Forecast 2025-2035
NEW CASTLE, DE, USA, September 1, 2023 /EINPresswire.com/ — The semi-autonomous and autonomous buses market is segmented into level of automation, mode of operation, application, and type of propulsion.
The semi-autonomous and autonomous bus market controls all safety features by itself as it senses surrounding driving conditions. Semi-autonomous buses can operate over longer distances with less human labor. It helps the driver regain control by providing sufficient transition time. In addition, buses can also help reduce traffic congestion.
In addition, self-driving technology helps reduce driver errors. Self-driving cars, also known as self-driving cars, use artificial intelligence (AI) software, light detection and ranging (LiDAR), radar, and cameras to sense their current environment and navigate by forming an active 3D map of that environment. Sensor technology plays a vital role in autonomous driving as it can scan its surroundings more efficiently than human senses. These factors are expected to lead to the growth of the semi-autonomous and autonomous buses market in the near future.
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Factors such as improvement in safety, reduction in traffic congestion, development of intelligent transportation systems, and growth in connected infrastructure are expected to drive the growth of the global semi-autonomous and autonomous buses market over the forecast period. However, software glitches related to automotive sensors along with high manufacturing costs and data management challenges of autonomous vehicles are expected to hamper the growth of the global semi-autonomous and autonomous buses industry over the forecast timeframe. Furthermore, the development of smart cities and supportive government regulations are expected to create opportunities for the semi-autonomous and autonomous buses market in the near future.
The semi-autonomous and autonomous buses market is segmented on the basis of automation level, mode of operation, application, propulsion type, and region. According to the degree of automation, it is divided into level 1, level 2, level 3, level 4 and level 5. According to the mode of operation, it can be divided into semi-autonomous and autonomous. According to the purpose, it is divided into shuttle bus, intra-city and inter-city. By propulsion type, the market is segmented into electric and hybrid. By region, we have analyzed the market in North America, Europe, Asia Pacific and Latin America.
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Key players in the semi-autonomous and autonomous buses market include AB Volvo, Aptiv, BMW, Continental, Denso Corporation, EASYMILE, Intel Corporation, MERCEDES-BENZ GROUP AG, NAVYA Group, NVIDIA Corporation, NXP Semiconductors, PROTERRA, Qualcomm Technologies Inc. , Robert Bosch GmbH, Scania, Teague and ZF Friedrichshafen AG.
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Autonomous vehicles offer a variety of advantages over conventional vehicles, from improved safety to reduced fuel, traffic congestion and emissions. Self-driving buses are fitted with many sensors, including lidar, radar, cameras and GPS. With short range (providing detailed information on moving objects near the vehicle) and long range (providing detailed information on oncoming vehicles at high speed), these sensors help the vehicle sense any objects or obstacles in its path, eliminating the chance of accidents .
Self-driving cars could also help reduce traffic congestion. A University of Illinois study has demonstrated that a self-driving car stuck in a traffic jam, along with 20 other human-driven vehicles, can ease the congestion by manipulating the speed of the vehicles. With the use of self-driving cars, fuel consumption will also decrease, because fuel consumption increases when the vehicle slows down. Hence, the reduction of traffic congestion and improved fuel efficiency of autonomous buses are expected to drive the growth of the autonomous bus market. This is expected to drive the growth of the semi-autonomous and autonomous buses market.
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With the rapid adoption of the Internet of Things (IoT), global transportation infrastructure is rapidly evolving. Companies such as Cisco and IBM have created digital platforms that automate street and traffic lights, optimize waste collection, and enhance surveillance.
For example, installing IoT sensors on the streets of Las Vegas has successfully controlled traffic congestion and addressed environmental issues. Connected infrastructure includes car parks, toll booths, and smart streets and traffic lights. Hence, the growth in connected infrastructure creates favorable conditions for the adoption of autonomous buses, which in turn drives the growth of the semi-autonomous and autonomous buses market. Connected vehicles are equipped with advanced automotive systems, such as navigation systems, GPS tracking, and automotive telematics devices, through which they can wirelessly exchange information not only with other vehicles and supporting infrastructure, but also with the automaker or third parties Service providers exchange information, although customers are more likely to entrust data to OEMs than new players. Additionally, there is an increasing demand for connected cars across the globe, with buyers willing to pay more for connected features. Car dealerships benefit from connected car technology because they receive alerts on the system when their connected car customers need to be serviced.
This enables them to follow up with customers for scheduled maintenance and repairs. Automotive telematics helps manufacturers create high-value services for consumers and plays a vital role in connected car technology. Automotive telematics is gaining popularity and growing in both developed and developing countries across the globe. Large market players in the telecom and automotive industries are quite active in the market. They mainly focus on the field of telematics and create superior solutions in the fields of infotainment and navigation.
In Thailand, Toyota has launched G-BOOK, a telematics smartphone app. In addition, in November 2020, Pioneer was selected for the “Strengthening Overseas Supply Chain Program” to create a stronger supply chain, especially in Asia. Hence, increasing demand for connected vehicles and infrastructure is expected to drive the growth of the tire semi-autonomous and autonomous market in the future.
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Self-driving cars are made up of more than 50 sensors such as lidar, radar and cameras, which are installed around the vehicle to help build a safety circle. Any obstacles approaching the vehicle are instantly detected using these sensors. However, the price of these sensors is not economical. High-quality long-range LiDAR can even cost as much as $75,000. In addition to hardware costs, vehicles also require software that can extract information from sensors and control the vehicle. Therefore, vehicle production and large-scale deployment of cost-effective hardware poses a significant challenge to manufacturers.
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Smart cities have experienced considerable growth across the globe. The emergence of disruptive technologies such as the Internet of Things and connected devices has also led to the development of smart transportation in smart cities. Advances in the Internet of Things and cloud-based platforms have led to massive investments in smart cities. Several countries are focusing on transport under smart city initiatives. For example, the Chinese government is developing plans for an autonomous driving revolution. About 300 Chinese cities, including Xinjiang and Nanjing, have launched smart city projects, 93 of which focus on public transportation.
These companies will likely use their connected infrastructure to focus on building autonomous vehicles and shared-driving models on the road. Additionally, in September 2017, Chinese technology company Baidu announced a $1.52 billion autonomous driving initiative dubbed the “Apollo Fund.” The program is investing in 100 self-driving projects. Such autonomous driving technology projects are expected to provide lucrative opportunities in the semi-autonomous and autonomous buses market during the forecast period.
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This report provides a quantitative analysis of the segments, current trends, estimates, and dynamics of the Semi-Autonomous and Autonomous Bus Market Analysis from 2025 to 2035 to identify the current Semi-Autonomous and Autonomous Bus market opportunities.
Market research is provided along with information pertaining to key drivers, restraints, and opportunities.
Porter’s five forces analysis highlights the potential of buyers and suppliers, enabling stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer networks.
An in-depth analysis of the semi-autonomous and autonomous buses market segments helps to identify current market opportunities.
Major countries in each region are mapped based on their revenue contribution to the global market.
Market player positioning facilitates benchmarking comparisons and provides a clear understanding of the current status of market players.
The report includes the analysis of regional as well as global semi-autonomous and autonomous buses market trends, key players, market segments, application areas, and market growth strategies.
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Bosch, Scania, AB VOLVO, LOCAL MOTORS, APTIV, Qualcomm, NAVYA, PROTERRA, Daimler, EASYMILE, 2GETTHERE, Intel, NVIDIA, BMW, Continental, NXP, Denso
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Level 1, Level 2, Level 3, Level 4, Level 5
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semi-autonomous, autonomous
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Shuttle bus, city, intercity
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electric, hybrid
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North America (US, Canada, Mexico)
Europe (Germany, France, Russia, Netherlands, UK, Poland, Spain, Rest of Europe)
Asia Pacific (China, India, Japan, Korea, ASEAN, Rest of Asia Pacific)
LAMEA (Brazil, UAE, Saudi Arabia, South Africa, rest of LAMEA)
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