Semi-Autonomous & Autonomous Bus Global Market to Reach $2.9 Billion by 2035 at a CAGR of 14.6%
DUBLIN, Dec. 7, 2022 /PRNewswire/ -- The "Semi-Autonomous & Autonomous Bus Market By Level of Automation, By Mode Of Operation, By Application, By Propulsion Type: Global Opportunity Analysis and Industry Forecast, 2025-2035" report has been added to ResearchAndMarkets.com's offering.
The semi-autonomous & autonomous bus market is expected to be valued at $791.2 million in 2025, and is estimated to reach $2,904.1 million by 2035, growing at a CAGR of 14.6% from 2026 to 2035.
The semi-autonomous and autonomous bus is a robotic vehicle designed to travel between destinations without or minimal human operator. These vehicles combine sensors and software to control, navigate, and drive the vehicle. Moreover, these vehicles use LiDAR and RADAR and several other sensors for its operations. The self-driving systems create and maintain an internal map of their surroundings, based on a wide array of sensors. Artificial Intelligence (AI) software controls all the functionalities related to sensor working and RADAR sensor is used to detect obstacles. Such advance technologies help control these vehicles. Self-driving bus provides advantages such as reduction in accidents caused by driver negligence or error.
By Level of Automation
By Mode Of Operation
By Propulsion Type
Key Market Players
Key Findings of the Study
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