Autonomous Bus: A car that can accelerate, decelerate and stop without human intervention. Semiautonomous vehicles may be able to keep in lane, and they may also be able to park themselves, but they are not self-driving. In most cases, drivers must keep their hands on the wheel at all times.
Semi-autonomous Bus: An autonomous bus encounters just as many obstacles as an ordinary car or bus. The difference is that the autonomous bus must be equipped with an “awareness” that can manage all the information it receives during its journey.
Global Drivers for Semi-Autonomous & Autonomous Bus Market:
Public Transportation: Autonomous buses can provide a cost-effective and efficient alternative to traditional public transportation. Cities and municipalities can invest in autonomous bus fleets to improve their transportation systems, reduce traffic congestion, and improve air quality.
Tourist Industry: Autonomous buses can provide a unique and exciting experience for tourists. Tour companies can use autonomous buses to provide sightseeing tours, historical tours, and other guided tours.
Education: Autonomous buses can provide safe and reliable transportation for students. Schools and universities can invest in autonomous buses to transport students to and from school, extracurricular activities, and sporting events.
Freight Transportation: Autonomous buses can be used for freight transportation, particularly for last-mile delivery. Delivery companies can use autonomous buses to transport packages and goods to their final destinations.
Events: Autonomous buses can be used to transport people to and from events such as concerts, sporting events, and festivals. Event organizers can invest in autonomous buses to provide convenient and safe transportation for attendees.
Backed with various drivers, it is estimated that global Semi-Autonomous & Autonomous Bus market was valued at 66.31 million in 2022 and is projected to reach US$ 446.69 million by 2029, at a CAGR of 33.22% during the forecast period.
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