Autonomous Bus Door System Market Statistics – 2027
The global autonomous bus door system market was valued at $3.9 million in 2019, and is projected to reach $77.0 million by 2027, registering a CAGR of 43.8% from 2020 to 2027.
Autonomous bus, also known as self-driving bus makes use of the artificial intelligence (AI) software, light detection & ranging (LiDAR), RADAR, and cameras to sense the surrounding environment and navigate by forming an active 3D map of that environment. There are different levels of autonomy ranging from semi-autonomous that require driver assistance to fully autonomous that do not require a human operator. A lot of gas is burned while driving at high speeds or braking and re-accelerating excessively. Self-driving bus uses less battery and consumes less gas, which results in less pollution. This adds benefits to make it suitable for environment. Growing demand of the bus rapid transit(BRT)bus is expected to drive the growth of the global autonomous bus door system market.
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Major Market Players:• Bode SudS.p.A.• Vapor Bus International• Circle Bus Door Systems Co., Ltd.• KBT GmbH• Masats LLC• PSV Transport Systems Ltd.• ShavoNorgren (India) Pvt. Ltd.• Transport Door Solutions Ltd.• Ventura Systems CV• Schaltbau Holding AG
The report also covers company profiles of the players such as AV Volvo, Continental AG, Volkswagen AG, Tesla, Scania AB, Daimler AG, Proterra, Hyundai Motor Company, Hino Motors, Ltd., and Navya, which are operating in the global self-driving bus market. (Market size covers revenue generated by all players in the autonomous bus door system market)
The global autonomous bus door system market is segmented based on bus type, door type, mechanism, level of automation, propulsion type, component, and region. By bus type, the market is segmented into shuttle bus, city bus, intercity bus, coach, and BRT bus. Based on door type, the market is segmented into conventional doors, folding doors, sliding plug doors, coach doors, and inward gliding doors. Moreover, pneumatic and electric mechanisms are covered in the report. Level 4 and Level 5 are considered under level of automation segment. Based on propulsion type, the market is bifurcated into ICE, and electric. Further, the components segment consists of hardware, software as well as solutions. The hardware segment is sub-segmented into actuators, door controls, door panels, seals, door accessories, and others.
Key Market SegmentsBy Power Source• 3–• 11–50 kW• >50 kWBy Bus Type• Shuttle bus• City bus• Intercity bus• Coach• BRT busBy Door Type• Conventional doors• Folding doors• Sliding plug doors• Coach doors• Inward gliding doorsBy Mechanism• Pneumatic• ElectricBy Level of Automation• Level 4• Level 5By Propulsion Type• ICE• ElectricBy Component• Hardware• Actuators• Door Controls• Door Panels• Seals• Door accessories• Others• Software• Services
The significant factors impacting the growth of the autonomous bus door system market include improved safety coupled with the reduction in traffic congestion, rise of connected infrastructure, increase in demand for fuel-efficient, high-performance, low-emission vehicles, and high manufacturing cost. Further, data management challenges, development of smart cities, and supportive government regulations also have a significant impact on the market. Each of these factors is anticipated to have a definite impact on the autonomous bus door system market during the forecast period (2020-2027).
Autonomous vehicles have several advantages over traditional vehicles from improved safety to reduction in fuel and traffic congestion and emissions. An autonomous bus is installed with a number of sensors including LiDAR, RADAR, camera, and GPS. These sensors are short range (providing details of moving objects near the vehicle) as well as long range (providing details of high-speed oncoming vehicles) to help a vehicle sense any object or obstacle in its way, thus eliminating chances of accidents.
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Related Reports:
Bus Door System Market by Technology (Pneumatic Bus door System, and Electric Bus Door System), and Application (School Bus, Shuttle Bus, Intercity Bus, City bus, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027
Electric Bus Door System Market by Application (School Bus, Shuttle Bus, Intercity Bus, City bus, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027
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