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Global Semi-Autonomous and Autonomous Bus Market: By Propulsion Type: Diesel, Electric, Hybrid; By Application: Shuttle, Intercity/Intracity; By ADAS Feature; By Level of Automation; By Sensor Type; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
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 2023-2028 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.
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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.
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.
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.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| 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 Industry Opportunities and Challenges
8 Global Semi-Autonomous and Autonomous Bus Market Analysis
8.1 Key Industry Highlights
8.2 Global Semi-Autonomous and Autonomous Bus Historical Market (2018-2022)
8.3 Global Semi-Autonomous and Autonomous Bus Market Forecast (2023-2028)
8.4 Global Semi-Autonomous and Autonomous Bus Market by Propulsion Type
8.4.1 Diesel
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Electric
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Hybrid
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.5 Global Semi-Autonomous and Autonomous Bus Market by Application
8.5.1 Shuttle
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Intercity/Intracity
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.6 Global Semi-Autonomous and Autonomous Bus Market by ADAS Feature
8.6.1 Adaptive Cruise Control (ACC)
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Automatic Emergency Braking (AEB)
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Blind Spot Detection (BSD)
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Intelligent Park Assist (IPA)
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Lane Keep Assist (LKA)
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
8.6.6 Traffic Jam Assist (TJA)
8.6.6.1 Market Share
8.6.6.2 Historical Trend (2018-2022)
8.6.6.3 Forecast Trend (2023-2028)
8.6.7 Highway Pilot (HP)
8.6.7.1 Market Share
8.6.7.2 Historical Trend (2018-2022)
8.6.7.3 Forecast Trend (2023-2028)
8.7 Global Semi-Autonomous and Autonomous Bus Market by Level of Automation
8.7.1 Level 1
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Level 2 and 3
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Level 4
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Level 5
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.8 Global Semi-Autonomous and Autonomous Bus Market by Sensor Type
8.8.1 Camera
8.8.1.1 Market Share
8.8.1.2 Historical Trend (2018-2022)
8.8.1.3 Forecast Trend (2023-2028)
8.8.2 Radar
8.8.2.1 Market Share
8.8.2.2 Historical Trend (2018-2022)
8.8.2.3 Forecast Trend (2023-2028)
8.8.3 Lidar
8.8.3.1 Market Share
8.8.3.2 Historical Trend (2018-2022)
8.8.3.3 Forecast Trend (2023-2028)
8.8.4 Ultrasonic
8.8.4.1 Market Share
8.8.4.2 Historical Trend (2018-2022)
8.8.4.3 Forecast Trend (2023-2028)
8.9 Global Semi-Autonomous and Autonomous Bus Market by Region
8.9.1 North America
8.9.1.1 Market Share
8.9.1.2 Historical Trend (2018-2022)
8.9.1.3 Forecast Trend (2023-2028)
8.9.2 Europe
8.9.2.1 Market Share
8.9.2.2 Historical Trend (2018-2022)
8.9.2.3 Forecast Trend (2023-2028)
8.9.3 Asia Pacific
8.9.3.1 Market Share
8.9.3.2 Historical Trend (2018-2022)
8.9.3.3 Forecast Trend (2023-2028)
8.9.4 Latin America
8.9.4.1 Market Share
8.9.4.2 Historical Trend (2018-2022)
8.9.4.3 Forecast Trend (2023-2028)
8.9.5 Middle East and Africa
8.9.5.1 Market Share
8.9.5.2 Historical Trend (2018-2022)
8.9.5.3 Forecast Trend (2023-2028)
9 North America Semi-Autonomous and Autonomous Bus Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Semi-Autonomous and Autonomous Bus Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Semi-Autonomous and Autonomous Bus Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Semi-Autonomous and Autonomous Bus Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Semi-Autonomous and Autonomous Bus Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
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 2028
2. Global Semi-Autonomous and Autonomous Bus Historical Market: Breakup by Propulsion Type (USD Million), 2018-2022
3. Global Semi-Autonomous and Autonomous Bus Market Forecast: Breakup by Propulsion Type (USD Million), 2023-2028
4. Global Semi-Autonomous and Autonomous Bus Historical Market: Breakup by Application (USD Million), 2018-2022
5. Global Semi-Autonomous and Autonomous Bus Market Forecast: Breakup by Application (USD Million), 2023-2028
6. Global Semi-Autonomous and Autonomous Bus Historical Market: Breakup by ADAS Feature (USD Million), 2018-2022
7. Global Semi-Autonomous and Autonomous Bus Market Forecast: Breakup by ADAS Feature (USD Million), 2023-2028
8. Global Semi-Autonomous and Autonomous Bus Historical Market: Breakup by Level of Automation (USD Million), 2018-2022
9. Global Semi-Autonomous and Autonomous Bus Market Forecast: Breakup by Level of Automation (USD Million), 2023-2028
10. Global Semi-Autonomous and Autonomous Bus Historical Market: Breakup by Sensor Type (USD Million), 2018-2022
11. Global Semi-Autonomous and Autonomous Bus Market Forecast: Breakup by Sensor Type (USD Million), 2023-2028
12. Global Semi-Autonomous and Autonomous Bus Historical Market: Breakup by Region (USD Million), 2018-2022
13. Global Semi-Autonomous and Autonomous Bus Market Forecast: Breakup by Region (USD Million), 2023-2028
14. North America Semi-Autonomous and Autonomous Bus Historical Market: Breakup by Country (USD Million), 2018-2022
15. North America Semi-Autonomous and Autonomous Bus Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Europe Semi-Autonomous and Autonomous Bus Historical Market: Breakup by Country (USD Million), 2018-2022
17. Europe Semi-Autonomous and Autonomous Bus Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Asia Pacific Semi-Autonomous and Autonomous Bus Historical Market: Breakup by Country (USD Million), 2018-2022
19. Asia Pacific Semi-Autonomous and Autonomous Bus Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Latin America Semi-Autonomous and Autonomous Bus Historical Market: Breakup by Country (USD Million), 2018-2022
21. Latin America Semi-Autonomous and Autonomous Bus Market Forecast: Breakup by Country (USD Million), 2023-2028
22. Middle East and Africa Semi-Autonomous and Autonomous Bus Historical Market: Breakup by Country (USD Million), 2018-2022
23. Middle East and Africa Semi-Autonomous and Autonomous Bus Market Forecast: Breakup by Country (USD Million), 2023-2028
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 2023 and 2028.
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 2023-2028, 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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