Global Semi-Autonomous & Autonomous Bus Market Growth 2023-2029
The global Semi-Autonomous & Autonomous Bus market size is projected to grow from US$ 65 million in 2022 to US$ 515.5 million in 2029; it is expected to grow at a CAGR of 34.5% from 2023 to 2029.
Global key players of semi-automatic and autonomous bus include Navya, Yutong, WeRide, Karsan and Xiamen King Long Motor (Baidu Apollo), etc. The top five players hold a share over 60%. China and Europe are the world's key production area of semi-automatic and autonomous bus, with a combined market share of nearly 80%. In terms of product types, L4 is the largest market segment, occupying for a share of about 90%. In terms of product applications, semi-automatic and autonomous bus are mainly used in transfer, with a market share of about 76%, followed by travel.
Autonomous Bus: A car that can accelerate, decelerate and stop without human intervention. Semiautonomous vehicles may be able to keep in lane, and they may also be able to park themselves, but they are not self-driving. In most cases, drivers must keep their hands on the wheel at all times.
Semi-autonomous Bus: An autonomous bus encounters just as many obstacles as an ordinary car or bus. The difference is that the autonomous bus must be equipped with an “awareness” that can manage all the information it receives during its journey.
LPI (LP Information)' newest research report, the “Semi-Autonomous & Autonomous Bus Industry Forecast” looks at past sales and reviews total world Semi-Autonomous & Autonomous Bus sales in 2022, providing a comprehensive analysis by region and market sector of projected Semi-Autonomous & Autonomous Bus sales for 2023 through 2029. With Semi-Autonomous & Autonomous Bus sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Semi-Autonomous & Autonomous Bus industry.
This Insight Report provides a comprehensive analysis of the global Semi-Autonomous & Autonomous Bus landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Semi-Autonomous & Autonomous Bus portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Semi-Autonomous & Autonomous Bus market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Semi-Autonomous & Autonomous Bus and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Semi-Autonomous & Autonomous Bus.
This report presents a comprehensive overview, market shares, and growth opportunities of Semi-Autonomous & Autonomous Bus market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
L3
L4
Segmentation by application
Transfer
Travel
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Navya
Yutong
WeRide
Karsan
Xiamen King Long Motor (Baidu Apollo)
ZF Friedrichshafen
Anhui Ankai Automobile
NFI Group (Alexander Dennis)
UISEE
Sense Time
Coast Autonomous
QCraft
EasyMile
Key Questions Addressed in this Report
What is the 10-year outlook for the global Semi-Autonomous & Autonomous Bus market?
What factors are driving Semi-Autonomous & Autonomous Bus market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Semi-Autonomous & Autonomous Bus market opportunities vary by end market size?
How does Semi-Autonomous & Autonomous Bus break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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