Autonomous Bus Door System Market Expected to Reach $77.0 Million by 2027 | AV Volvo, Continental AG, Volkswagen AG

Improved safety coupled with the reduction in traffic congestion, accessibility of connected infrastructure, rise in demand for fuel-efficient, high-performance

WILMINGTON, NEW CASTLE, DELAWARE, UNITED STATES, August 30, 2024 /EINPresswire.com/ -- Improved safety coupled with the reduction in traffic congestion, accessibility of connected infrastructure, and rise in demand for fuel-efficient, high-performance, and low-emission vehicles augment the growth of the global 𝐀𝐮𝐭𝐨𝐧𝐨𝐦𝐨𝐮𝐬 𝐁𝐮𝐬 𝐃𝐨𝐨𝐫 𝐒𝐲𝐬𝐭𝐞𝐦 𝐌𝐚𝐫𝐤𝐞𝐭. However, high manufacturing cost restrains the growth to certain extent. On the other hand, growth of smart cities and supportive government regulations offer new opportunities in the coming years. 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.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐍𝐨𝐰: https://www.alliedmarketresearch.com/request-sample/A06270

Factors such as improved safety coupled with the reduction in traffic congestion, rise in connected infrastructure, and increase in demand for fuel-efficient, high-performance, and low-emission vehicles are driving the autonomous bus door module market growth. However, high manufacturing cost, and data management challenges are expected to impede the stated autonomous bus door system market growth.

𝐓𝐡𝐞 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐩𝐫𝐨𝐟𝐢𝐥𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞

𝐀𝐕 𝐕𝐨𝐥𝐯𝐨, 𝐂𝐨𝐧𝐭𝐢𝐧𝐞𝐧𝐭𝐚𝐥 𝐀𝐆, 𝐕𝐨𝐥𝐤𝐬𝐰𝐚𝐠𝐞𝐧 𝐀𝐆, 𝐓𝐞𝐬𝐥𝐚, 𝐒𝐜𝐚𝐧𝐢𝐚 𝐀𝐁, 𝐃𝐚𝐢𝐦𝐥𝐞𝐫 𝐀𝐆, 𝐏𝐫𝐨𝐭𝐞𝐫𝐫𝐚, 𝐇𝐲𝐮𝐧𝐝𝐚𝐢 𝐌𝐨𝐭𝐨𝐫 𝐂𝐨𝐦𝐩𝐚𝐧𝐲, 𝐇𝐢𝐧𝐨 𝐌𝐨𝐭𝐨𝐫𝐬, 𝐋𝐭𝐝., 𝐍𝐚𝐯𝐲𝐚

Smart cities are experiencing considerable growth across the globe. Emergence of disruptive technologies such as IoT and connected devices also lead to the development of smart transportation in smart cities. Advancement in IoT and cloud-based platforms has led to significant investment in smart cities. Several countries focus on transportation under smart cities initiative. For instance, Chinese government is working on programs for an autonomous driving revolution. Around 300 Chinese cities, which include Xinjiang and Nanjing, have introduced smart-city projects out of which 93 of the smart city projects are focused on transportation. These can potentially use the connected infrastructure to focus on building autonomous cars, self-driving buses and shared-driving models on the road.

𝐁𝐮𝐲 𝐍𝐨𝐰 𝐭𝐡𝐞 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.alliedmarketresearch.com/checkout-final/b23527a761d764bb899cc0e074507832

Based on mechanism, the electric segment contributed to the largest share in 2019, accounting for more than three-fifths of the total share, and is estimated to maintain its dominant position during the forecast period. In addition, the segment is estimated to portray the highest CAGR of 44.8% during the forecast period. Electric bus doors have applications on shuttle buses, coaches, city bus and others. In addition, electric doors have a provision of manual opening of the door in case of emergencies and electric doors prevent clipping, which drives the growth of the segment.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

Based on region, North America contributed the highest share, accounting for more than two-fifths of the total market share in 2019, and will maintain its dominance throughout the forecast period. The emergence of the maximum number of leading bus manufacturers in this region augments the growth of the Autonomous Bus Door System Market. However, Asia-Pacific is expected to grow at the highest CAGR of 48.9% from 2020 to 2027. Factors such as the development of self-driving bus technology by startups are anticipated to propel the market growth in this region.

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐰𝐢𝐭𝐡 𝐲𝐨𝐮’𝐫𝐞 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬: https://www.alliedmarketresearch.com/request-for-customization/A06270

With the rapid adoption of Internet of Things (IoT), transportation infrastructure across the globe is evolving quickly. Companies such as Cisco and IBM have created digital platforms, which can automate street and traffic lights, optimize trash pickup, and augment surveillance. For instance, installation of IoT sensors in the streets of Las Vegas has managed to control traffic congestion and solve environmental issues. Connected infrastructure includes car parking, toll booths, and smart-street and traffic lights.

𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐭𝐨 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠: https://www.alliedmarketresearch.com/purchase-enquiry/A06270

Based on door type, the sliding plug doors segment accounted for the largest share in 2019, holding nearly three-fifths of the total share, and is expected to maintain the largest share throughout the forecast period. Sliding plug doors allow a large opening for passengers to enter or exit without obstructing access and sliding plug door offers superior sealing performance, winter-proof design which drives the growth of the segment. However, the coach doors segment is estimated to portray the highest CAGR of 47.7% during the forecast period. Coaches offer more features over a traditional bus such as luggage racks, baggage holders, recliner seats, foldable are rest, table which augments the growth of the segment.

𝐂𝐡𝐞𝐜𝐤 𝐨𝐮𝐭 𝐦𝐨𝐫𝐞 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐬𝐭𝐮𝐝𝐢𝐞𝐬 𝐩𝐮𝐛𝐥𝐢𝐬𝐡𝐞𝐝 𝐛𝐲 𝐀𝐌𝐑 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

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David Correa
Allied Market Research
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