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.
The major companies profiled in the autonomous bus door system market share includeBode 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, and 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.
By region, the market is segmented into North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA) including country-level analysis for each region.
Top Impacting Factors
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).
By Bus Type
Intercity bus segment is projected as the most lucrative segments
Improved safety coupled with the reduction in traffic congestion
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.
By Door Type
Coach doors segment is projected as the most lucrative segments
Autonomous vehicles can also help to reduce traffic congestion. Based on a study by University of Illinois, it was proved that one autonomous vehicle stuck in traffic congestion with 20 other human driven vehicles can ease the congestion by controlling the pace of the vehicle. Fuel consumption also reduces with the use of autonomous vehicles as fuel use increases when the vehicle slows down. Thus, reduction in traffic congestion and improved fuel efficiency due to self-driving buses is expected to boost the growth of the self-driving bus market. This in turn is expected to drive the growth of the autonomous bus door system market.
By Region
Asia-Pacific by region segment is projected as the most lucrative segments
Key Benefits For Stakeholders
This study comprises analytical depiction of the autonomous bus door system market trends with current trends and future estimations to depict the imminent investment pockets.
The overall potential is determined to understand the profitable trends to gain a stronger foothold.
The autonomous bus door system market analysis presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
The current growth and autonomous bus door system market forecast is quantitatively analyzed from 2019to 2027to benchmark the financial competency.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the autonomous bus door system market share.
The study also comprises the autonomous bus door system market opportunities, which help key players in decision making.
Key Market Segments
By Power Source
- 3–<11 kW
- 11–50 kW
- >50 kW
By Bus Type
- Shuttle bus
- City bus
- Intercity bus
- Coach
- BRT bus
By Door Type
- Conventional doors
- Folding doors
- Sliding plug doors
- Coach doors
- Inward gliding doors
By Mechanism
- Pneumatic
- Electric
By Level of Automation
- Level 4
- Level 5
By Propulsion Type
- ICE
- Electric
By Component
- Hardware
- Actuators
- Door Controls
- Door Panels
- Seals
- Door accessories
- Others
- Software
- Services
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Russia
- Italy
- Turkey
- Spain
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players (Autonomous Bus Door System Market)
- 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
Key Market Players (Self-Driving Bus Market)
- AV Volvo
- Continental AG
- Volkswagen AG
- Tesla
- Scania AB
- Daimler AG
- Proterra
- Hyundai Motor Company
- Hino Motors, Ltd.
- Navya
Autonomous Bus Door System Market Report Highlights
Aspects | Details |
By BUS TYPE |
|
By DOOR TYPE |
|
By MECHANISM |
|
By LEVEL OF AUTOMATION |
|
By PRPULSION TYPE |
|
By COMPONENT |
|
By Region |
|
Key Market Players | Bode SudS.p.A., KBT GmbH, Ventura Systems CV, Vapor Bus International, ShavoNorgren (India) Pvt. Ltd., Transport Door Solutions Ltd., Circle Bus Door Systems Co., Ltd., PSV Transport Systems Ltd., Schaltbau Holding AG, Masats LLC |
Key Market Players (Self-Driving Bus Market) | AV Volvo, Continental AG, Volkswagen AG, Tesla, Scania AB, Daimler AG, Proterra, Hyundai Motor Company, Hino Motors, Ltd., Navya |
Analyst Review
The autonomous bus door system market is projected to witness moderate growth rate, owing to improved safety coupled with the reduction in traffic congestion, growth of connected infrastructure, and increase in demand for fuel-efficient, high-performance, and low-emission vehicles. Companies in this industry are adopting various innovative techniques to provide customers with advanced and innovative feature offerings.
In addition, there is considerable rise in demand for the BRT transportation service, which is also propelling the growth of the market. However, high manufacturing cost and data management challenges are expected to hamper the growth of the market. Further, developments of smart cities and supportive government regulations are opportunistic for the market expansion.
The market is consolidated by the presence of major key players such as Bode Sud S.p.A., Vapor Bus International, Circle Bus Door Systems Co., Ltd., KBT GmbH, Masats LLC, PSV Transport Systems Ltd., Shavo Norgren (India) Pvt. Ltd., Transport Door Solutions Ltd., Ventura Systems CV, and Schaltbau Holding AG. These players have adopted efficient techniques to develop innovative offerings. LAMEA is expected to witness the highest growth rate during the forecast period, due to lucrative opportunities offered by the developing countries in the region.
Schaltbau subsidiary Bode and Brose signed an agreement to develop boarding systems for autonomous minibuses in which a passenger purchase a ticket via app and door sensor system recognizes and provides access to that passenger
The global autonomous bus door system market was valued at $3,933.00 thousand in 2019, and is projected to reach $77,012.00 thousand by 2027, registering a CAGR of 43.8% from 2020 to 2027. Shuttle bus type is leading presently.
The sample for global autonomous bus door system market report can be obtained on demand from the AMR website. Also, the 24*7 chat support and direct call services are provided to procure the sample report.
The potential customers of the autonomous bus door system market include autonomous bus manufacturers such as AV Volvo, Continental AG, Volkswagen AG, Tesla, Scania AB, Daimler AG, Proterra, Hyundai Motor Company, Hino Motors, Ltd., and Navya.
The leading players in the market include Bode Sud S.p.A., Vapor Bus International, Circle Bus Door Systems Co., Ltd., KBT GmbH, Masats LLC, PSV Transport Systems Ltd., Shavo Norgren (India) Pvt. Ltd., Transport Door Solutions Ltd., Ventura Systems CV, and Schaltbau Holding AG
The company profiles of the top market players of global autonomous bus door system industry can be obtained from the company profile section mentioned in the report. This section includes analysis of top ten player’s operating in the global market.
"Improved safety coupled with the reduction in traffic congestion, and growth of connected infrastructure are anticipated to drive the growth of the autonmous bus door system market"
North America is leading the global autonomous bus door system market presently. However, Asia-Pacific region is expected to create more business opportunities for the key players operating in the market.
Agrement/contract is the key growth strategy adopted by the majority of the key players operating in the global autonomous bus door system market in order to expand their bussiness and and increase their revenues.
Applications of the bus doors are common on various auotnomous bus types such as shuttle bus, city bus, intercity bus, coaches, BRT bus and PRT. This bus door can be pneumatic or electric based on the requirement.
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