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Semi-Autonomous and Autonomous Bus Market

Global Semi-Autonomous and Autonomous Bus Market Size: By Propulsion Type: Diesel, Electric, Hybrid; By Application: Shuttle, Intercity/Intracity; By ADAS Feature: Adaptive Cruise Control (ACC), Automatic Emergency Braking (AEB), Others; By Level of Automation; By Sensor Type; Regional Analysis; Competitive Landscape; 2024-2032

Global Semi-Autonomous and Autonomous Bus Market Outlook

The global semi-autonomous and autonomous bus market is expected to grow in the forecast period of 2024-2032 at a CAGR of 24.00%.

 

The Asia Pacific Accounts for a Significant Market Share with the Increased Adoption of ADAS Technology

The demand for semi-autonomous and autonomous buses in the Asia Pacific region has increased, owing to the rising road safety concerns. Countries like China, Japan, and South Korea possess advanced know-how in the autonomous segment and have the technological and production capabilities, which is anticipated to make an incremental growth in the sector.

 

Global Semi-Autonomous and Autonomous Bus Market

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Despite a dip in the production quantity due to COVID-19 restrictions, China accounted for a considerable share  of the global automobile sales in 2020. As the home of several leading market players such as Toyota, Honda, Nissan, and others, Japan's success in developing autonomous vehicles has piqued international interest. In addition, LiDAR technology providers from around the world have been proactively forming partnerships with Japanese OEMs as well. These factors are projected to aid the market growth in the forecast period.

 

Semi-Autonomous and Autonomous Bus: Market Segmentation

Autonomous buses are vehicles that are capable of recognising their surroundings and driving safely with little to no human intervention. Semi-autonomous buses require little human intervention and use advanced driver assistance technologies like ACC, LKA, IPA, and AFL to lessen the amount of effort required to manoeuvre the vehicle. These require the drivers to keep their hands on the steering wheel at all times.

 

Global Semi-Autonomous and Autonomous Bus Market

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By propulsion type, the market can be classified into:

  • Diesel
  • Electric
  • Hybrid

On the basis of application, the market can be bifurcated into:

  • Shuttle
  • Intercity/Intracity

The market can be broadly categorised, on the basis of ADAS feature, into:

  • Adaptive Cruise Control (ACC)
  • Automatic Emergency Braking (AEB)
  • Blind Spot Detection (BSD)
  • Intelligent Park Assist (IPA)
  • Lane Keep Assist (LKA)
  • Traffic Jam Assist (TJA)
  • Highway Pilot (HP)

On the basis of level of automation, the market can be segmented into:

  • Level 1
  • Level 2 and 3
  • Level 4
  • Level 5

On the basis of sensor type, the market can be segregated into:

  • Camera
  • Radar
  • Lidar
  • Ultrasonic

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Semi-Autonomous and Autonomous Bus Market

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Growing Demand for Safe and Efficient Public Transportation Systems to Propel the Global Semi-Autonomous and Autonomous Bus Industry

The rising incidences of road accidents are accentuating the road safety concerns of administration and consumers alike. According to reports, roughly 150 thousand people died or were injured in traffic accidents in Indonesia in 2019. Laos, on the other hand, experienced 1.52 thousand traffic fatalities in 2019. Semi-autonomous and autonomous vehicles can help reduce the mortality risks associated with road accidents. Moreover, the need for more efficient operations in bus transport system has also increased the demand for the market. For example, China is undertaking studies to measure the efficiency of the current public transportation system, in an endeavour to further develop the system to reduce pollution and provide better safety and more efficient travel experience with lesser travel time. Additionally, the increasing adoption of ADAS technology is also anticipated to be a major factor driving the market forward. With increasing IT talent pool globally, the development and integration with the existing system is expected to be much faster. For example, India has a huge talent pool of IT sector. The heavy use of public transport also demands government investments.

 

Key Industry Players in the Global Semi-Autonomous and Autonomous Bus Market

The report presents a detailed analysis of the following key players in the global semi-autonomous and autonomous bus market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • AB Volvo
  • Robert Bosch GmbH
  • Dailmer AG
  • Denso Corporation
  • Local Motors (LM Industries)
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical
and Forecast Market Analysis by Segment- Propulsion Type, Application, ADAS Feature, Level of Automation, Sensor Type, Region
Breakup by Propulsion Type Diesel, Electric, Hybrid
Breakup by Application Shuttle, Intercity/Intracity
Breakup by ADAS Feature Adaptive Cruise Control (ACC), Automatic Emergency Braking (AEB), Blind
Spot Detection (BSD), Intelligent Park Assist (IPA), Lane Keep Assist (LKA), Traffic Jam Assist (TJA), Highway Pilot (HP)
Breakup by Level of Automation Level 1, Level 2 and 3, Level 4, Level 5
Breakup by Sensor Type Camera, Radar, Lidar, Ultrasonic
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered AB Volvo, Robert Bosch GmbH, Daimler AG, Denso Corporation, Local Motors (LM Industries), Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface  
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Semi-Autonomous and Autonomous Bus Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Semi-Autonomous and Autonomous Bus Historical Market (2018-2023) 
    8.3    Global Semi-Autonomous and Autonomous Bus Market Forecast (2024-2032)
    8.4    Global Semi-Autonomous and Autonomous Bus Market by Propulsion Type
        8.4.1    Diesel
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Electric
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Hybrid
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
    8.5    Global Semi-Autonomous and Autonomous Bus Market by Application
        8.5.1    Shuttle 
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Intercity/Intracity
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
    8.6    Global Semi-Autonomous and Autonomous Bus Market by ADAS Feature
        8.6.1    Adaptive Cruise Control (ACC)
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Automatic Emergency Braking (AEB)
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Blind Spot Detection (BSD)
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Intelligent Park Assist (IPA)
            8.6.4.1    Historical Trend (2018-2023)
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Lane Keep Assist (LKA)
            8.6.5.1    Historical Trend (2018-2023)
            8.6.5.2    Forecast Trend (2024-2032)
        8.6.6    Traffic Jam Assist (TJA)
            8.6.6.1    Historical Trend (2018-2023)
            8.6.6.2    Forecast Trend (2024-2032)
        8.6.7    Highway Pilot (HP)
            8.6.7.1    Historical Trend (2018-2023)
            8.6.7.2    Forecast Trend (2024-2032)
    8.7    Global Semi-Autonomous and Autonomous Bus Market by Level of Automation
        8.7.1    Level 1
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Level 2 and 3
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Level 4
            8.7.3.1    Historical Trend (2018-2023)
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Level 5
            8.7.4.1    Historical Trend (2018-2023)
            8.7.4.2    Forecast Trend (2024-2032)
    8.8    Global Semi-Autonomous and Autonomous Bus Market by Sensor Type
        8.8.1    Camera
            8.8.1.1    Historical Trend (2018-2023)
            8.8.1.2    Forecast Trend (2024-2032)
        8.8.2    Radar
            8.8.2.1    Historical Trend (2018-2023)
            8.8.2.2    Forecast Trend (2024-2032)
        8.8.3    Lidar
            8.8.3.1    Historical Trend (2018-2023)
            8.8.3.2    Forecast Trend (2024-2032)
        8.8.4    Ultrasonic
            8.8.4.1    Historical Trend (2018-2023)
            8.8.4.2    Forecast Trend (2024-2032)
    8.9    Global Semi-Autonomous and Autonomous Bus Market by Region       
        8.9.1    North America
            8.9.1.1    Historical Trend (2018-2023) 
            8.9.1.2    Forecast Trend (2024-2032)
        8.9.2    Europe
            8.9.2.1    Historical Trend (2018-2023) 
            8.9.2.2    Forecast Trend (2024-2032)
        8.9.3    Asia Pacific
            8.9.3.1    Historical Trend (2018-2023) 
            8.9.3.2    Forecast Trend (2024-2032)
        8.9.4    Latin America
            8.9.4.1    Historical Trend (2018-2023) 
            8.9.4.2    Forecast Trend (2024-2032)
        8.9.5    Middle East and Africa
            8.9.5.1    Historical Trend (2018-2023) 
            8.9.5.2    Forecast Trend (2024-2032) 
9    North America Semi-Autonomous and Autonomous Bus Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Semi-Autonomous and Autonomous  Bus Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Semi-Autonomous and Autonomous Bus Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Semi-Autonomous and Autonomous Bus Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Semi-Autonomous and Autonomous Bus Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    AB Volvo
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Robert Bosch GmbH
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Daimler AG
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Denso Corporation
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Local Motors (LM Industries)
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Semi-Autonomous and Autonomous Bus Market: Key Industry Highlights, 2018 and 2032
2.    Global Semi-Autonomous and Autonomous Bus Historical Market: Breakup by Propulsion Type (USD Million), 2018-2023
3.    Global Semi-Autonomous and Autonomous Bus Market Forecast: Breakup by Propulsion Type (USD Million), 2024-2032
4.    Global Semi-Autonomous and Autonomous Bus Historical Market: Breakup by Application (USD Million), 2018-2023
5.    Global Semi-Autonomous and Autonomous Bus Market Forecast: Breakup by Application (USD Million), 2024-2032
6.    Global Semi-Autonomous and Autonomous Bus Historical Market: Breakup by ADAS Feature (USD Million), 2018-2023
7.    Global Semi-Autonomous and Autonomous Bus Market Forecast: Breakup by ADAS Feature (USD Million), 2024-2032
8.    Global Semi-Autonomous and Autonomous Bus Historical Market: Breakup by Level of Automation (USD Million), 2018-2023
9.    Global Semi-Autonomous and Autonomous Bus Market Forecast: Breakup by Level of Automation (USD Million), 2024-2032
10.    Global Semi-Autonomous and Autonomous Bus Historical Market: Breakup by Sensor Type (USD Million), 2018-2023
11.    Global Semi-Autonomous and Autonomous Bus Market Forecast: Breakup by Sensor Type (USD Million), 2024-2032
12.    Global Semi-Autonomous and Autonomous Bus Historical Market: Breakup by Region (USD Million), 2018-2023
13.    Global Semi-Autonomous and Autonomous Bus Market Forecast: Breakup by Region (USD Million), 2024-2032
14.    North America Semi-Autonomous and Autonomous Bus Historical Market: Breakup by Country (USD Million), 2018-2023
15.    North America Semi-Autonomous and Autonomous Bus Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Europe Semi-Autonomous and Autonomous Bus Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Europe Semi-Autonomous and Autonomous Bus Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Asia Pacific Semi-Autonomous and Autonomous Bus Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Asia Pacific Semi-Autonomous and Autonomous Bus Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Latin America Semi-Autonomous and Autonomous Bus Historical Market: Breakup by Country (USD Million), 2018-2023
21.    Latin America Semi-Autonomous and Autonomous Bus Market Forecast: Breakup by Country (USD Million), 2024-2032
22.    Middle East and Africa Semi-Autonomous and Autonomous Bus Historical Market: Breakup by Country (USD Million), 2018-2023
23.    Middle East and Africa Semi-Autonomous and Autonomous Bus Market Forecast: Breakup by Country (USD Million), 2024-2032
24.    Global Semi-Autonomous and Autonomous Bus Market Structure

Key Questions Answered in the Report

The global semi-autonomous and autonomous bus market is projected to grow at a CAGR of 24% between 2024 and 2032.

The rising occurrence of road accidents and the increasing attempts to reduce mortality risks associated with road accidents, and the growing focus on road safety are driving the market for semi-autonomous and autonomous bus.

The market growth in the forecast period can be ascribed to the increasing adoption of ADAS technology to boost security in autonomous public transport.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The various propulsion types of semi-autonomous and autonomous bus are diesel, electric, and hybrid.

The major applications of semi-autonomous and autonomous bus include shuttle and intercity/intracity.

The significant ADAS features of semi-autonomous and autonomous bus are adaptive cruise control (ACC), automatic emergency braking (AEB), blind spot detection (BSD), intelligent park assist (IPA), lane keep assist (LKA) traffic jam assist (TJA), and highway pilot (HP).

The different levels of semi-autonomous and autonomous bus are level 1, level 2 and 3, level 4, and level 5.

The market segmentations based on sensor types are camera, radar, lidar, and ultrasonic.

The major players in the industry are AB Volvo, Robert Bosch GmbH, Daimler AG, Denso Corporation, and Local Motors (LM Industries), among others.

Analyst Review

The global semi-autonomous and autonomous bus market is being driven by rising incidences of road accidents. Aided by increasing adoption of ADAS technology, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 24%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on propulsion type, the semi-autonomous and autonomous bus industry can be divided into diesel, electric, and hybrid. By application, the market can be classified into shuttle and intercity/intracity. On the basis of ADAS features, the market can be categorised into adaptive cruise control (ACC), automatic emergency braking (AEB), blind spot detection (BSD), intelligent park assist (IPA), lane keep assist (LKA) traffic jam assist (TJA), and highway pilot (HP). Based on level of automation, the market can be divided into level 1, level 2 and 3, level 4, and level 5. On the basis of sensor type, the market can be segmented into camera, radar, lidar, and ultrasonic. The major regional markets for semi-autonomous and autonomous bus are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include AB Volvo, Robert Bosch GmbH, Daimler AG, Denso Corporation, and Local Motors (LM Industries), among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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