Global Autonomous Bus Market Growth, Trends and Value Chain 2017-2021

Technavio Announces the Publication of its Research Report – Global Autonomous Bus Market 2017-2021

Technavio recognizes the following companies as the key players in the global autonomous bus market: Dailmer, EasyMile, Proterra, and Yutong.

Other Prominent Vendors in the market are: Apple, Baidu, Bosch, Continental, Delphi Automotive, Google, Mobileye, Navya Technology, NVIDIA, Quanergy Systems, and Velodyne.

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Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is bus manufacturing using 3D printing. 3D printing has revolutionized the design and production process in many industries. The rising inclusion of metal and plastic parts in automobiles using 3D printing technology is being adopted largely by OEMs. For instance, Daimler is using 3D printing technology for replacement parts, such as complex interior components.”

According to the report, one driver in the market is increased adoption of ADAS in vehicles pushing them to level 2 autonomous and above. ADAS adoption is the major solution to achieve level 2 and above autonomous vehicles. The number of features provided by ADAS has been increasing over the years, and the system has evolved into a robust and reliable one. In the past years, ADAS was implemented only in premium vehicles due to its high cost. However, due to technological advancement and expansion of ADAS ecology, OEMs are introducing this system even in economy level vehicles.

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Further, the report states that one challenge in the market is unpredictable behavior in non-programed situations. Safety in non-programed situations on the road is one of the biggest concerns that are challenging the connected and automated vehicle technologies. Even Google’s self-driving cars are not fully accident-proof. According to Google’s reports, the test vehicles have been involved in 14 accidents since 2012. Out of which, 13 accidents were claimed to be due to the negligence of other drivers and one happened due to software crash in 2016. As per reports from 2014, Google’s self-driven cars cannot be used in almost 99% of the US roads. Apart from that, they have not been tested in extreme weather conditions like rain, snow, and fog.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

About Autonomous Bus

An autonomous vehicle is a vehicle that can navigate and drive without any human intervention. This vehicle is equipped with an array of on-board sensors like LiDAR (light detection and ranging) and radar, high-resolution cameras, sonars, laser scanners, and three dimensional (3D) cameras among others to gather and process information about its surroundings and navigate. The Society of Automotive Engineers (SAE) International has released a new standard J3016 for autonomous vehicles, which defines six levels of automation from no automation to full automation.

Technavio’s analysts forecast the global autonomous bus market to grow at a CAGR of 37.97% during the period 2017-2021.

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Covered in this report
The report covers the present scenario and the growth prospects of the global autonomous bus market for 2017-2021. To calculate the market size, the report considers sales and trial deployment volume of autonomous buses in different geographies.

The market is divided into the following segments based on geography:
• APAC
• Europe
• North America

Technavio’s report, Global Autonomous Bus Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Dailmer
• EasyMile
• Proterra
• Yutong

Other prominent vendors
• Apple
• Baidu
• Bosch
• Continental
• Delphi Automotive
• Google
• Mobileye
• Navya Technology
• NVIDIA
• Quanergy Systems
• Velodyne

Market driver
• Increased adoption of ADAS in vehicles pushing them to level 2 autonomous and above
• For a full, detailed list, view our report

Market challenge
• Unpredictable behavior in non-programed situations
• For a full, detailed list, view our report

Market trend
• Bus manufacturing using 3D printing
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

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