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Fixed-route Autonomous Vehicle Market Size, Share & Trends Analysis Report By Type (Fixed-Point Vehicles And Scenic-Spot), By Application (Transportation, Tourism, And Others), Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America)—Forecast till 2028

Categories: Automotive and Transportation

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The report titled “Global Fixed-route Autonomous Vehicle Market - Growth, Share, Opportunities, and Competitive Analysis, 2021 – 2027” offers strategic visions into the global Fixed-route Autonomous Vehicle market along with the market size (Volume – Million Tons and Revenue – US$ Billion) and estimates for the duration 2016 to 2027. The said research study covers an in-depth analysis of multiple market segments based on production methods, end-use, and study across different topographies. The report is also inclusive of competitive profiling of the leading Fixed-route Autonomous Vehicle vendors, and the latest developments.

 

Fixed-route autonomous vehicle is the big bus that travels down main streets and picks up passengers at designated bus stops. Bus transit automation systems allow at least one aspect of vehicle control (e.g., steering or speed control) to be performed without the need for direct driver input. This could make things such as lane-keeping, precise boarding, and automatic emergency braking possible. Autonomous vehicles use artificial intelligence (AI) apps, light detection and ranging (LiDAR), RADAR, and cameras to navigate. When driving at high speeds or stopping and re-accelerating rapidly, a lot of gas is burned. Autonomous vehicles require less battery power and use less petrol, resulting in lower emission levels. This adds to the benefits, making it more environmentally friendly. The autonomous vehicle can improve safety by reducing the seriousness and frequency of collisions, as well as the liability and other costs associated with collisions. Furthermore, autonomous vehicles will provide a cost-effective way to close the first/last mile distance, making bus stops closer to places of work and homes and providing a regular automated shuttle service to the nearest bus stop. These automated last-mile vehicles would boost ridership on major transit networks while also reducing congestion.

 

Factors such as reduced traffic congestion due to increased protection and the expansion of connected infrastructure are expected to drive the global fixed-route autonomous vehicle market. Autonomous vehicles can also aid in reducing traffic congestion. More than 50 sensors, including LiDAR, RADAR, and cameras, are mounted around autonomous vehicles to help create a safety perimeter. These sensors will identify the obstacle or any object approaching the vehicle. These sensors, on the other hand, are not cheap. It will cost up to $75,000 for a high-quality long-range LiDAR. In addition to the hardware, these vehicles need software to collect data from sensors and monitor them. Thus, high production costs and data processing problems are hindering the fixed-route autonomous vehicle market expansion. Governments in countries such as the United States, Germany, China, and Japan, among others, have begun to adopt fixed-route autonomous vehicles as a result of growing safety concerns and advances in automotive technology. For instance, the Chinese government is developing several autonomous vehicle systems. Around 300 Chinese cities, including Xinjiang and Nanjing, have launched smart-city initiatives, with 93 of them focusing on transportation. Such factors are expected to accelerate the development of the fixed-route autonomous vehicle market.

 

The global Fixed-route Autonomous Vehicle market has been segmented based on type, and application. Based on type, the global Fixed-route Autonomous Vehicle market is segmented into fixed-point vehicles and scenic-spot. Based on application the global fixed-route autonomous vehicle market is segmented into transportation, tourism, and others.

 

Based on geography, the global Fixed-route Autonomous Vehicle market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America comprises U.S., Canada, and Mexico whereas Europe would primarily cover Germany, France, the UK, Italy, and the Rest of Europe. The key countries included under the Asia Pacific are China, Japan, India, Australia, and the Rest of Asia Pacific. In Latin America, Brazil, Argentina, and the Rest of Latin America are the key segments whereas, in the Middle East & Africa, South Africa and the Rest of MEA are the key segments covered in the report. North America is expected to lead the Fixed-route Autonomous Vehicle market, followed by Europe and the Asia Pacific, as it includes some of the most technologically advanced companies and OEMs. Furthermore, technology innovators such as Google, Microsoft, and Delphi Automotive are heavily investing and testing their technology in autonomous vehicles to commercialize it in Europe and the Asia Pacific.

 

The global Fixed-route Autonomous Vehicle market is concentrated with leading manufacturers such as Cisco Systems, Local Motors, RDM Group, Yutong, NCDOT,  Daimler, Tesla, EasyMile, Volkswagen, Phoenix Wings, Navya, and DFKI Robotics Innovation Center. The major players in the global Fixed-route Autonomous Vehicle market are investing in research and development to manufacture novel products and solutions. For instance, in 2019 EasyMile launched an autonomous vehicle EZ10. This autonomous vehicle is the first driverless electric vehicle and can be operated without an onboard attendant. The EZ10 can accommodate up to 15 passengers. It fills the gap between conventional transportation systems and provides connectivity in city or town centers, as well as on corporate or other campuses, and is designed to operate in mixed traffic conditions. It can be used individually or as part of a fleet. The EZ10 shuttle has been used in over 230 locations in 26 countries. Furthermore, Daimler Buses is has developed a bus named City Pilot based on autonomously driving a Mercedes-Benz Actros truck with Highway Pilot. It is designed for BRT networks, which will alleviate traffic congestion in heavily developed cities and urban areas around the world.

 

Global Fixed-route Autonomous Vehicle Market Growth, Trend and Forecast 2021-2027

Chapter 1 Fixed-route Autonomous Vehicle Market Overview
1.1 Product Overview and Scope of Fixed-route Autonomous Vehicle
1.2 Fixed-route Autonomous Vehicle Market Segmentation by Type
1.2.1 Global Production Market Share of Fixed-route Autonomous Vehicle by Type in 2020
1.2.1 Type 1
1.2.2 Type 2
1.2.3 Type 3
1.3 Fixed-route Autonomous Vehicle Market Segmentation by Application
1.3.1 Fixed-route Autonomous Vehicle Consumption Market Share by Application in 2020
1.3.2 Application 1
1.3.3 Application 2
1.3.4 Application 3
1.4 Fixed-route Autonomous Vehicle Market Segmentation by Regions
1.4.1 North America
1.4.2 China
1.4.3 Europe
1.4.4 Southeast Asia
1.4.5 Japan
1.4.6 India
1.5 Global Market Size (Value) of Fixed-route Autonomous Vehicle (2014-2027)

Chapter 2 Global Economic Impact on Fixed-route Autonomous Vehicle Industry
2.1 Global Macroeconomic Environment Analysis
2.1.1 Global Macroeconomic Analysis
2.1.2 Global Macroeconomic Environment Development Trend
2.2 Global Macroeconomic Environment Analysis by Regions

Chapter 3 Global Fixed-route Autonomous Vehicle Market Competition by Manufacturers
3.1 Global Fixed-route Autonomous Vehicle Production and Share by Manufacturers (2020 and 2020)
3.2 Global Fixed-route Autonomous Vehicle Revenue and Share by Manufacturers (2020 and 2020)
3.3 Global Fixed-route Autonomous Vehicle Average Price by Manufacturers (2020 and 2020)
3.4 Manufacturers Fixed-route Autonomous Vehicle Manufacturing Base Distribution, Production Area and Product Type
3.5 Fixed-route Autonomous Vehicle Market Competitive Situation and Trends
3.5.1 Fixed-route Autonomous Vehicle Market Concentration Rate
3.5.2 Fixed-route Autonomous Vehicle Market Share of Top 3 and Top 5 Manufacturers
3.5.3 Mergers & Acquisitions, Expansion

Chapter 4 Global Fixed-route Autonomous Vehicle Production, Revenue (Value) by Region (2014-2021)
4.1 Global Fixed-route Autonomous Vehicle Production by Region (2014-2021)
4.2 Global Fixed-route Autonomous Vehicle Production Market Share by Region (2014-2021)
4.3 Global Fixed-route Autonomous Vehicle Revenue (Value) and Market Share by Region (2014-2021)
4.4 Global Fixed-route Autonomous Vehicle Production, Revenue, Price and Gross Margin (2014-2021)
4.5 North America Fixed-route Autonomous Vehicle Production, Revenue, Price and Gross Margin (2014-2021)
4.6 Europe Fixed-route Autonomous Vehicle Production, Revenue, Price and Gross Margin (2014-2021)
4.7 China Fixed-route Autonomous Vehicle Production, Revenue, Price and Gross Margin (2014-2021)
4.8 Japan Fixed-route Autonomous Vehicle Production, Revenue, Price and Gross Margin (2014-2021)
4.9 Southeast Asia Fixed-route Autonomous Vehicle Production, Revenue, Price and Gross Margin (2014-2021)
4.10 India Fixed-route Autonomous Vehicle Production, Revenue, Price and Gross Margin (2014-2021)

Chapter 5 Global Fixed-route Autonomous Vehicle Supply (Production), Consumption, Export, Import by Regions (2014-2021)
5.1 Global Fixed-route Autonomous Vehicle Consumption by Regions (2014-2021)
5.2 North America Fixed-route Autonomous Vehicle Production, Consumption, Export, Import by Regions (2014-2021)
5.3 Europe Fixed-route Autonomous Vehicle Production, Consumption, Export, Import by Regions (2014-2021)
5.4 China Fixed-route Autonomous Vehicle Production, Consumption, Export, Import by Regions (2014-2021)
5.5 Japan Fixed-route Autonomous Vehicle Production, Consumption, Export, Import by Regions (2014-2021)
5.6 Southeast Asia Fixed-route Autonomous Vehicle Production, Consumption, Export, Import by Regions (2014-2021)
5.7 India Fixed-route Autonomous Vehicle Production, Consumption, Export, Import by Regions (2014-2021)

Chapter 6 Global Fixed-route Autonomous Vehicle Production, Revenue (Value), Price Trend by Type
6.1 Global Fixed-route Autonomous Vehicle Production and Market Share by Type (2014-2021)
6.2 Global Fixed-route Autonomous Vehicle Revenue and Market Share by Type (2014-2021)
6.3 Global Fixed-route Autonomous Vehicle Price by Type (2014-2021)
6.4 Global Fixed-route Autonomous Vehicle Production Growth by Type (2014-2021)

Chapter 7 Global Fixed-route Autonomous Vehicle Market Analysis by Application
7.1 Global Fixed-route Autonomous Vehicle Consumption and Market Share by Application (2014-2021)
7.2 Global Fixed-route Autonomous Vehicle Consumption Growth Rate by Application (2014-2021)
7.3 Market Drivers and Opportunities
7.3.1 Potential Applications
7.3.2 Emerging Markets/Countries

Chapter 8 Fixed-route Autonomous Vehicle Manufacturing Cost Analysis
8.1 Fixed-route Autonomous Vehicle Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Price Trend of Key Raw Materials
8.1.3 Key Suppliers of Raw Materials
8.1.4 Market Concentration Rate of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.2.1 Raw Materials
8.2.2 Labor Cost
8.2.3 Manufacturing Expenses
8.3 Manufacturing Process Analysis of Fixed-route Autonomous Vehicle

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
9.1 Fixed-route Autonomous Vehicle Industrial Chain Analysis
9.2 Upstream Raw Materials Sourcing
9.3 Raw Materials Sources of Fixed-route Autonomous Vehicle Major Manufacturers in 2020
9.4 Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders
10.1 Marketing Channel
10.1.1 Direct Marketing
10.1.2 Indirect Marketing
10.1.3 Marketing Channel Development Trend
10.2 Market Positioning
10.2.1 Pricing Strategy
10.2.2 Brand Strategy
10.2.3 Target Client
10.3 Distributors/Traders List

Chapter 11 Market Effect Factors Analysis
11.1 Technology Progress/Risk
11.1.1 Substitutes Threat
11.1.2 Technology Progress in Related Industry
11.2 Consumer Needs/Customer Preference Change
11.3 Economic/Political Environmental Change

Chapter 12 Global Fixed-route Autonomous Vehicle Market Forecast (2021-2027)
12.1 Global Fixed-route Autonomous Vehicle Production, Revenue Forecast (2021-2027)
12.2 Global Fixed-route Autonomous Vehicle Production, Consumption Forecast by Regions (2021-2027)
12.3 Global Fixed-route Autonomous Vehicle Production Forecast by Type (2021-2027)
12.4 Global Fixed-route Autonomous Vehicle Consumption Forecast by Application (2021-2027)
12.5 Fixed-route Autonomous Vehicle Price Forecast (2021-2027)

Chapter 13 Appendix


 

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  • Market Size and Share from 2016 - 2027
  • Expected Market Growth Until 2027
  • COVID-19 Impact assessment on the market
  • Market Dynamics and Impact Analysis
  • Segment and region that will drive or lead the market growth and why
  • Industry activity comprising Mergers, Acquisitions, Expansion, etc.
  • Comprehensive Mapping of the Competitive Landscape
  • In-depth analysis of key sustainability strategies adopted by market players
  • Global and regional market trends – Current and Future
  • Value Chain Analysis
  • Porters Five Forces Analysis
  • Historical and Current Product Pricing
  • Country Cross-Segment Analysis
  • Company Profiling
  • Player Comparison Matrix

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Fixed-route Autonomous Vehicle Market Size, Share ...

RD Code : AT21