Market Size of Semi-Autonomous & Autonomous Bus Industry to Reach $2,904.1 Million by 2035, with a Solid 14.6% CAGR

PORTLAND, OREGAON, UNITED STATES, April 1, 2024 /EINPresswire.com/ — According to a new report published by Allied Market Research, titled, “Semi-Autonomous & Autonomous Bus Market Share, Size, Competitive Landscape and Trend Analysis Report by Level of Automation, by Mode Of Operation, by Application, by Propulsion Type : Global Opportunity Analysis and Industry Forecast, 2025-2035.”

𝐒𝐞𝐦𝐢-𝐀𝐮𝐭𝐨𝐧𝐨𝐦𝐨𝐮𝐬 & 𝐀𝐮𝐭𝐨𝐧𝐨𝐦𝐨𝐮𝐬 𝐁𝐮𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐭𝐚𝐭𝐢𝐬𝐭𝐢𝐜𝐬 𝟐𝟎𝟐𝟓-𝟐𝟎𝟑𝟓 :

The semi-autonomous & autonomous bus market size 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.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 : https://www.alliedmarketresearch.com/request-sample/7529

Europe region is expected to dominate the semi-autonomous & autonomous bus market in terms of revenue, followed by North America, Asia-Pacific and LAMEA. The rapid development in infrastructure and connectivity is leading to the readiness to adopt semi-autonomous & autonomous technology in developed regions such as North America and Europe.

There are prominent key factors that drive the growth of the semi-autonomous & autonomous bus market, such as improved safety coupled with reduction in traffic congestion, development of intelligent transport system, and growth of connected infrastructure. Moreover, growth of mobility as a service, reduction in accidents caused due to driver’s error and reduction of hazardous gas (CO2) in autonomous vehicle, and stringent government regulations regarding safety are expected to drive the semi-autonomous and autonomous bus market during the forecast period.

The semi-autonomous & autonomous bus market is segmented on the basis of level of automation, mode of operation, application, propulsion type, and region. By level of automation, it is divided into Level 1, Level 2, Level 3, Level 4, and Level 5. By mode of operation, it is segmented into semi-autonomous, and autonomous. By application, it is divided into shuttle, intracity, and intercity. By propulsion type, the market is divided into electric, and hybrid. By region, the market is analyzed across North America, Europe, Asia-Pacific and LAMEA.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰 : https://www.alliedmarketresearch.com/semi-autonomous-and-autonomous-bus-market/purchase-options

𝐂𝐎𝐕𝐈𝐃-𝟏𝟗 𝐈𝐦𝐩𝐚𝐜𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 :

The COVID-19 impact on the automotive industry is unpredictable, and is expected to remain in force for a few years. The COVID-19 outbreak forced governments across the globe to implement stringent lockdowns and ban import–export of essential raw material items for most of 2020, and few months in 2021. This led to sudden decline in availability of important raw materials for vehicle components.

As a result of interrupted supply chains and production schedules caused by the COVID-19 pandemic, automotive production and sales suffered severely, which, in turn, negatively impacted the market for semi-autonomous & autonomous bus market.

To prevent the spread of the COVID-19 virus, governments across the globe implemented strict lockdowns and made social distancing mandatory. The COVID-19 pandemic not only affected operations of the automotive and transportation industry, but the economic crisis also led to reduction in expenditure on next-generation technologies, for instance, semi-autonomous and autonomous buses.

Many governments trimmed their spending on other sectors and poured a hefty amount of investment in improving healthcare facilities to lessen dangers pertaining to the pandemic.

𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐎𝐟 𝐓𝐡𝐞 𝐒𝐭𝐮𝐝𝐲 :

By level of automation, the Level 4 segment is expected to register a significant growth during the forecast period.

By mode of operation, the autonomous segment is projected to lead the global semi-autonomous & autonomous bus market

By application, the shuttle segment is projected to lead the global semi-autonomous & autonomous bus market size.

By propulsion type, the electric segment is projected to lead the global semi-autonomous & autonomous bus market

Region-wise, Europe is anticipated to register the highest CAGR during the forecast period.

𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 :
https://www.alliedmarketresearch.com/purchase-enquiry/7529

𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 :

AB Volvo,
Aptiv,
BMW,
Continental Ag,
Denso Corporation,
EASYMILE,
Intel Corporation,
MERCEDES-BENZ GROUP AG,
NAVYA Group,
NVIDIA Corporation,
NXP Semiconductors,
PROTERRA,
Qualcomm Technologies Inc.,
Robert Bosch GmbH,
Scania,
Teague,
ZF Friedrichshafen AG.

𝐑𝐞𝐚𝐝 𝐌𝐨𝐫𝐞 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 :

Electric Bus Market :
https://www.alliedmarketresearch.com/electric-buses-market

Electric Bus Charging Infrastructure Market :
https://www.alliedmarketresearch.com/electric-bus-charging-infrastructure-market-A31724

Bus HVAC Market :
https://www.alliedmarketresearch.com/bus-hvac-market-A08907

David Correa
Allied Market Research
+1 5038946022
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