Market Overview:
The global fixed-route autonomous vehicle market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for autonomous vehicles for transportation and tourism applications. In addition, the increasing focus on reducing carbon emissions is also contributing to the growth of the global fixed-route autonomous vehicle market. North America is expected to dominate the global fixed-route autonomous vehicle market during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
A fixed-route autonomous vehicle is a self-driving car that travels along a set of predetermined routes, much like a bus or train. These vehicles are important because they can help reduce traffic congestion and pollution, while also providing an efficient mode of transportation for people who live in urban areas.
Fixed-point Vehicles:
Fixed-point Vehicles (FPAVs) are autonomous vehicles that use GPS and Global Navigation Satellite System (GNSS) for navigation. They have no internal combustion engine, instead they rely on the flow of electric power from an external source of energy. FPAVs can be used in a variety of applications such as logistics, shuttles, delivery bots or ambulatory service among others.
Scenic-spot Vehicles:
Scenic-spot vehicles are a type of public transport vehicle that is used to carry passengers along with them while they take photographs or videos. The main purpose of using such vehicles is to provide an experience of traveling through different locations, which would otherwise be inaccessible for regular automobiles. Scenic-spotters use their own cars as well as minivans or SUVs rented from third parties for carrying tourists around various destinations and taking pictures/video from unique viewpoints.
Application Insights:
The transportation application segment dominated the global fixed-route autonomous vehicle market in 2017, accounting for over 60.0% share of the overall revenue. The segment is expected to witness significant growth over the forecast period owing to increasing use of self-driving vehicles for public transport and logistics applications.
The others application segment includes personal mobility and home security applications. Personal mobility includes ride-share services such as taxi, bus or train service that are operated on a fixed route basis with autonomous vehicles driven by professional drivers who can earn money while they sleep without owning a car or truck themselves.
Regional Analysis:
The Asia Pacific region is anticipated to witness the highest CAGR of XX% from 2018 to 2030. The regional growth can be attributed to the increasing investments in developing smart cities and high demand for efficient public transportation systems. Moreover, countries such as China, Japan, and South Korea are among the top 10 global smartphone manufacturers; hence they are expected to play a crucial role in spreading awareness about autonomous vehicles amongst consumers across the globe.
North America is projected to account for a significant share of over 25% by 2030 owing to early adoption of ATAVs coupled with stringent regulations imposed on human-driven vehicles within U.S., Canada, Mexico which favor Fixed-route AVs operationally as well as technologically speaking. Europe also has an established market for FFAVs due largely at least in part because these vehicles have been trialled there since 2009 (in Gothenburg).
Growth Factors:
- Increasing demand for fixed-route autonomous vehicles from the public and private sectors for improving efficiency and reducing costs.
- Growing demand for last-mile delivery services using fixed-route autonomous vehicles to improve delivery times and reduce emissions.
- Development of advanced technologies such as artificial intelligence (AI) and machine learning that will enable more efficient navigation and routing of fixed-route autonomous vehicles, thereby reducing operating costs.
- Proliferation of shared mobility services that will increase the utilization rate of fixed-route autonomous vehicles, resulting in lower per-unit costs.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fixed-route Autonomous Vehicle Market Research Report
By Type
Fixed-point Vehicles, Scenic-spot Vehicles
By Application
Transportation, Tourism, Others
By Companies
EasyMile, Navya, Local Motors, RDM Group, Phoenix Wings, DFKI Robotics Innovation Center, Yutong, Mercedes Benz
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Fixed-route Autonomous Vehicle Market Report Segments:
The global Fixed-route Autonomous Vehicle market is segmented on the basis of:
Types
Fixed-point Vehicles, Scenic-spot Vehicles
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Transportation, Tourism, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- EasyMile
- Navya
- Local Motors
- RDM Group
- Phoenix Wings
- DFKI Robotics Innovation Center
- Yutong
- Mercedes Benz
Highlights of The Fixed-route Autonomous Vehicle Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fixed-point Vehicles
- Scenic-spot Vehicles
- By Application:
- Transportation
- Tourism
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fixed-route Autonomous Vehicle Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fixed-route autonomous vehicles are self-driving cars that use preplanned routes to travel from one destination to another.
Some of the key players operating in the fixed-route autonomous vehicle market are EasyMile, Navya, Local Motors, RDM Group, Phoenix Wings, DFKI Robotics Innovation Center, Yutong, Mercedes Benz.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fixed-route Autonomous Vehicle Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Fixed-route Autonomous Vehicle Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fixed-route Autonomous Vehicle Market - Supply Chain
4.5. Global Fixed-route Autonomous Vehicle Market Forecast
4.5.1. Fixed-route Autonomous Vehicle Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fixed-route Autonomous Vehicle Market Size (000 Units) and Y-o-Y Growth
4.5.3. Fixed-route Autonomous Vehicle Market Absolute $ Opportunity
5. Global Fixed-route Autonomous Vehicle Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Fixed-route Autonomous Vehicle Market Size and Volume Forecast by Type
5.3.1. Fixed-point Vehicles
5.3.2. Scenic-spot Vehicles
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Fixed-route Autonomous Vehicle Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Fixed-route Autonomous Vehicle Market Size and Volume Forecast by Application
6.3.1. Transportation
6.3.2. Tourism
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Fixed-route Autonomous Vehicle Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Fixed-route Autonomous Vehicle Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Fixed-route Autonomous Vehicle Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Fixed-route Autonomous Vehicle Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Fixed-route Autonomous Vehicle Demand Share Forecast, 2019-2026
9. North America Fixed-route Autonomous Vehicle Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Fixed-route Autonomous Vehicle Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Fixed-route Autonomous Vehicle Market Size and Volume Forecast by Application
9.4.1. Transportation
9.4.2. Tourism
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Fixed-route Autonomous Vehicle Market Size and Volume Forecast by Type
9.7.1. Fixed-point Vehicles
9.7.2. Scenic-spot Vehicles
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Fixed-route Autonomous Vehicle Demand Share Forecast, 2019-2026
10. Latin America Fixed-route Autonomous Vehicle Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Fixed-route Autonomous Vehicle Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Fixed-route Autonomous Vehicle Market Size and Volume Forecast by Application
10.4.1. Transportation
10.4.2. Tourism
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Fixed-route Autonomous Vehicle Market Size and Volume Forecast by Type
10.7.1. Fixed-point Vehicles
10.7.2. Scenic-spot Vehicles
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Fixed-route Autonomous Vehicle Demand Share Forecast, 2019-2026
11. Europe Fixed-route Autonomous Vehicle Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Fixed-route Autonomous Vehicle Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Fixed-route Autonomous Vehicle Market Size and Volume Forecast by Application
11.4.1. Transportation
11.4.2. Tourism
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Fixed-route Autonomous Vehicle Market Size and Volume Forecast by Type
11.7.1. Fixed-point Vehicles
11.7.2. Scenic-spot Vehicles
11.8. Basis Pint Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Fixed-route Autonomous Vehicle Demand Share, 2019-2026
12. Asia Pacific Fixed-route Autonomous Vehicle Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Fixed-route Autonomous Vehicle Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Fixed-route Autonomous Vehicle Market Size and Volume Forecast by Application
12.4.1. Transportation
12.4.2. Tourism
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Fixed-route Autonomous Vehicle Market Size and Volume Forecast by Type
12.7.1. Fixed-point Vehicles
12.7.2. Scenic-spot Vehicles
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Fixed-route Autonomous Vehicle Demand Share, 2019-2026
13. Middle East & Africa Fixed-route Autonomous Vehicle Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Fixed-route Autonomous Vehicle Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Fixed-route Autonomous Vehicle Market Size and Volume Forecast by Application
13.4.1. Transportation
13.4.2. Tourism
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Fixed-route Autonomous Vehicle Market Size and Volume Forecast by Type
13.7.1. Fixed-point Vehicles
13.7.2. Scenic-spot Vehicles
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Fixed-route Autonomous Vehicle Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Fixed-route Autonomous Vehicle Market: Market Share Analysis
14.2. Fixed-route Autonomous Vehicle Distributors and Customers
14.3. Fixed-route Autonomous Vehicle Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. EasyMile
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Navya
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Local Motors
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. RDM Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Phoenix Wings
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. DFKI Robotics Innovation Center
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Yutong
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Mercedes Benz
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook