Future of Global Shared Driverless Shuttle Bus Market, Forecast to 2031
Future of Global Shared Driverless Shuttle Bus Market, Forecast to 2031
The Market for Shared Driverless Shuttle Buses and Technology to be Worth $10.40 Billion by 2031
09-Jan-2019
North America
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Description
The rapid rate of urbanization in many parts of the world has heavily stressed their urban transport system. Many areas are underserved by transit systems due to the lack of first and last mile connectivity, inaccurate scheduling, low availability of cabs, expensive ride services, and traffic congestion. Alternative modes of transportation, that offer first and last mile connectivity, will improve the ridership and efficiency of mass transit systems.
The ownership of privately owned vehicles is expected to fall by 50 percent, and they could possibly be taxed during peak hours of operation in urban areas. Over the next five to ten years, shared mobility could emerge as the transportation of the future. Companies in the shared driverless vehicles(SDVs)/shared autonomous vehicles(SAVs) market have been conducting vehicle test pilots since 2015, with North America and Europe alone accounting for 85% of them. Comprehensive testing of SDVs in regular traffic conditions and adapting them to changing traffic ecosystems will enable them to leverage available traffic data to make real-time decisions regarding necessary adjustments in their routes and scheduling. Top companies in the market have also tested their vehicles at annual events such as International Manufacturing Technology Show (IMTS) in October 2018 and on main roads in cities such as Renmark and the city of Playford in Australia. There are SDVs carrying only commodities in Mountain View, California, US, to deliver goods from the neighbourhood shopping areas to the consumers. Countries like Japan and China have started mass producing SDVs for deployment in late 2018 and early 2019.
SDVs will help build a consistent commuter base once they improve their safety measures and trustworthiness among end users. The market can potentially reach $10.40 billion by 2031. This study provides the competitive structure of the major industry participants, insights into the key components and technologies employed, analyses of market drivers and restraints, company profiles, revenue forecasts, and the estimated revenue split in market segments and regions.
Author: Guruguhan Nataraj
Table of Contents
Key Findings
Key Findings and Future Outlook
Research Scope
Research Aims and Objectives
Research Background
Research Methodology
Key OEMs or Participant Groups Compared in this Study
Benefits and Applications of SDVs
Vehicle Segmentation
Modes of Operation
Operation of SDVs
Snapshot of Key Industry Participants (KIPs)
Regional Snapshot of SDV Suppliers
Regional Overview and Share of SDV Market
Key Application Areas of SDVs
Market Potential for SDVs across Applications
Challenges in Implementation of SDVs
Sensors Used in SDVs
Components of Sensor Technology for SDVs
Key Powertrain Components of SDVs
Electric Motors for SDVs—Market Overview
Market Drivers
Market Restraints
Costs of SDV Installation
SDV System Cost-Benefit Analysis
SDV System Revenue Analysis by Scenario
Cost Benefit Analysis with Break-even Time for SDV Systems
Total Estimated Revenues from SDVs
Total Estimated Revenues from Vehicle Sales
Total Estimated Deliveries of Vehicles
Total Estimated Vehicles in Operation
Competitive Landscape
Disruptors in Autonomous Solutions
Disruptors in the Autonomous Vehicle Industry
Benchmarking of Key Market Participants
Easymile—Components for WePod Project
Easymile EZ10
Navya—Components of the ARMA Shuttle
Navya Arma
2getthere—Vehicle Types
2getthere—Automated Vehicle Technology
Local Motors—Olli: Self-driving Enabled by IBM Watson IoT
Growth Opportunities in through Partnerships, Mergers & Acquisitions, New Business Models, and New Technology
Strategic Imperatives for Success and Growth
Key Conclusions and Future Outlook
The Last Word—3 Big Predictions
Legal Disclaimer
Market Engineering Methodology
List of Exhibits
- 1. Shared Driverless Vehicles Market: Current and Future Outlook, Global, 2017 and 2031
- 2. Total SDV Market: Key Industry Participants, Global, 2017
- 3. Shared Driverless Vehicles Market: Market Potential in Application Areas, Global, 2016–2031
- 4. Shared Driverless Vehicles Market: Key Market Challenges, Global, 2018–2031
- 5. Shared Driverless Vehicles Market: Overview of Sensor Technology, Global, 2017
- 6. SDVs Market: Types of Electric Motors in SDVs, Global, 2017
- 7. Shared Driverless Vehicles Market: Key Market Drivers, Global, 2018–2031
- 8. Shared Driverless Vehicles Market: Key Market Restraints, Global, 2018–2031
- 9. Shared Driverless Vehicles Market: Costs Associated with SDV System, Global, 2017
- 10. Shared Driverless Vehicles Market: Calculation of SDV System Operating Factors for Cost-Benefit Analysis, Global, 2017
- 11. Shared Driverless Vehicles Market: Example Revenue Analysis of SDV System by Scenario, Global, 2017
- 12. Shared Driverless Vehicles Market: Benchmarking of Key Industry Participants, Global, 2018
- 1. Shared Driverless Vehicles Market: Key Takeaways, Global, 2017–2031
- 2. Shared Driverless Vehicles Market: Vehicle Segmentation, Global, 2017
- 3. Shared Driverless Vehicles Market: Snapshot of KIPs, Global, 2017
- 4. Shared Driverless Vehicles Market: Snapshot of KIPs, Global, 2017
- 5. Shared Driverless Vehicles Market: Regional Distribution of SDV Systems by Pilot Projects, Global, 2017
- 6. Shared Driverless Vehicles Market: Key Application Areas of PRT and GRT Systems, Global, 2017
- 7. SDVS Market: Key Electric Motor Manufacturers, Global, 2017
- 8. Shared Driverless Vehicles Market: Cost Analysis with Break-even Time for SDVs, Global, 2017
- 9. Shared Driverless Vehicles Market: Total Revenue by Scenario, Global, 2016–2031
- 10. Shared Driverless Vehicles Market: Vehicle Sale Revenue by Scenario, Global, 2016–2031
- 11. Shared Driverless Vehicles Market: Estimated Deliveries of Vehicles by Scenario, Global, 2016–2031
- 12. Shared Driverless Vehicles Market: Vehicle in Operation by Scenario, Global, 2016–2031
- 13. Shared Driverless Vehicles Market: Competitive Landscape, Global, 2017
- 14. Shared Driverless Vehicles Market: Number of Top Disruptive Start-ups in the Automotive Industry by Category, Global, 2012–2017
- 15. Funding of Start-ups by Category, Global, 2012–2017
- 16. Shared Driverless Vehicles Market: Funding of Start-ups in the Automotive Industry by Category, Global, 2012–2017
- 17. Shared Driverless Vehicles Market: Components of Easymile WePod, Global, 2017
- 18. Shared Driverless Vehicles Market Specifications of Easymile EZ10, Global, 2017
- 19. Shared Driverless Vehicles Market: Components of Navya ARMA, Global, 2017
- 20. Shared Driverless Vehicles Market: Specifications of Navya ARMA, Global, 2017
- 21. Shared Driverless Vehicles Market: GRT Automated Bus—Vehicle Specification, Global, 2017
- 22. Shared Driverless Vehicles Market: PRT Automated Bus—Vehicle Specification, Global, 2017
- 23. Shared Driverless Vehicles Market: Automated Technology Used In 2getthere, Global, 2017
- 24. Autonomous Driving Market: Case Study—IBM Watson-enabled Olli, Global, 2016
Popular Topics
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Table of Contents | | Executive Summary~ || Key Findings~ || Key Findings and Future Outlook~ | Research Scope, Objectives, Background, and Methodology~ || Research Scope~ || Research Aims and Objectives~ || Research Background~ || Research Methodology~ || Key OEMs or Participant Groups Compared in this Study~ | Definitions and Segmentation~ || Benefits and Applications of SDVs~ || Vehicle Segmentation~ || Modes of Operation~ || Operation of SDVs~ | Overview of SDV Market~ || Snapshot of Key Industry Participants (KIPs)~ || Regional Snapshot of SDV Suppliers~ || Regional Overview and Share of SDV Market~ || Key Application Areas of SDVs~ || Market Potential for SDVs across Applications~ || Challenges in Implementation of SDVs~ | Overview of Technologies Used in SDVs~ || Sensors Used in SDVs~ || Components of Sensor Technology for SDVs~ || Key Powertrain Components of SDVs~ || Electric Motors for SDVs—Market Overview~ | Drivers and Restraints~ || Market Drivers~ || Market Restraints~ | SDV Market—Cost Breakdown Analysis~ || Costs of SDV Installation~ || SDV System Cost-Benefit Analysis~ || SDV System Revenue Analysis by Scenario~ || Cost Benefit Analysis with Break-even Time for SDV Systems~ | Total SDVs Market Forecasts~ || Total Estimated Revenues from SDVs~ || Total Estimated Revenues from Vehicle Sales~ || Total Estimated Deliveries of Vehicles~ || Total Estimated Vehicles in Operation~ | Competitive Environment Analysis~ || Competitive Landscape~ || Disruptors in Autonomous Solutions~ || Disruptors in the Autonomous Vehicle Industry~ || Benchmarking of Key Market Participants~ | Company Profiles~ || Easymile—Components for WePod Project~ || Easymile EZ10~ || Navya—Components of the ARMA Shuttle~ || Navya Arma~ || 2getthere—Vehicle Types~ || 2getthere—Automated Vehicle Technology~ || Local Motors—Olli: Self-driving Enabled by IBM Watson IoT~ | Growth Opportunities and Companies to Action~ || Growth Opportunities in through Partnerships, Mergers & Acquisitions, New Business Models, and New Technology~ || Strategic Imperatives for Success and Growth~ | Conclusions and Future Outlook~ || Key Conclusions and Future Outlook~ || The Last Word—3 Big Predictions~ || Legal Disclaimer~ | Appendix~ || Market Engineering Methodology~ || List of Exhibits~ |
List of Charts and Figures | 1. Shared Driverless Vehicles Market: Current and Future Outlook, Global, 2017 and 2031~ 2. Total SDV Market: Key Industry Participants, Global, 2017~ 3. Shared Driverless Vehicles Market: Market Potential in Application Areas, Global, 2016–2031~ 4. Shared Driverless Vehicles Market: Key Market Challenges, Global, 2018–2031~ 5. Shared Driverless Vehicles Market: Overview of Sensor Technology, Global, 2017~ 6. SDVs Market: Types of Electric Motors in SDVs, Global, 2017~ 7. Shared Driverless Vehicles Market: Key Market Drivers, Global, 2018–2031~ 8. Shared Driverless Vehicles Market: Key Market Restraints, Global, 2018–2031~ 9. Shared Driverless Vehicles Market: Costs Associated with SDV System, Global, 2017~ 10. Shared Driverless Vehicles Market: Calculation of SDV System Operating Factors for Cost-Benefit Analysis, Global, 2017~ 11. Shared Driverless Vehicles Market: Example Revenue Analysis of SDV System by Scenario, Global, 2017~ 12. Shared Driverless Vehicles Market: Benchmarking of Key Industry Participants, Global, 2018~| 1. Shared Driverless Vehicles Market: Key Takeaways, Global, 2017–2031~ 2. Shared Driverless Vehicles Market: Vehicle Segmentation, Global, 2017~ 3. Shared Driverless Vehicles Market: Snapshot of KIPs, Global, 2017~ 4. Shared Driverless Vehicles Market: Snapshot of KIPs, Global, 2017~ 5. Shared Driverless Vehicles Market: Regional Distribution of SDV Systems by Pilot Projects, Global, 2017~ 6. Shared Driverless Vehicles Market: Key Application Areas of PRT and GRT Systems, Global, 2017~ 7. SDVS Market: Key Electric Motor Manufacturers, Global, 2017~ 8. Shared Driverless Vehicles Market: Cost Analysis with Break-even Time for SDVs, Global, 2017~ 9. Shared Driverless Vehicles Market: Total Revenue by Scenario, Global, 2016–2031~ 10. Shared Driverless Vehicles Market: Vehicle Sale Revenue by Scenario, Global, 2016–2031~ 11. Shared Driverless Vehicles Market: Estimated Deliveries of Vehicles by Scenario, Global, 2016–2031~ 12. Shared Driverless Vehicles Market: Vehicle in Operation by Scenario, Global, 2016–2031~ 13. Shared Driverless Vehicles Market: Competitive Landscape, Global, 2017~ 14. Shared Driverless Vehicles Market: Number of Top Disruptive Start-ups in the Automotive Industry by Category, Global, 2012–2017~ 15. Funding of Start-ups by Category, Global, 2012–2017~ 16. Shared Driverless Vehicles Market: Funding of Start-ups in the Automotive Industry by Category, Global, 2012–2017~ 17. Shared Driverless Vehicles Market: Components of Easymile WePod, Global, 2017~ 18. Shared Driverless Vehicles Market Specifications of Easymile EZ10, Global, 2017~ 19. Shared Driverless Vehicles Market: Components of Navya ARMA, Global, 2017~ 20. Shared Driverless Vehicles Market: Specifications of Navya ARMA, Global, 2017~ 21. Shared Driverless Vehicles Market: GRT Automated Bus—Vehicle Specification, Global, 2017~ 22. Shared Driverless Vehicles Market: PRT Automated Bus—Vehicle Specification, Global, 2017~ 23. Shared Driverless Vehicles Market: Automated Technology Used In 2getthere, Global, 2017~ 24. Autonomous Driving Market: Case Study—IBM Watson-enabled Olli, Global, 2016~ |
Author | Guruguhan Nataraj |
Industries | Automotive |
WIP Number | K298-01-00-00-00 |
Is Prebook | No |
GPS Codes | 9800-A6,9813-A6,9A70-A6,9694,9968-A6,9882-A6,9A57-A6,9AF6-A6,9AEC-CG |