Market Overview:
The global self-driving shuttle 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 public transportation and logistics applications. Additionally, the increasing focus on reducing greenhouse gas emissions is also propelling the demand for electric shuttles in the global market. However, safety concerns related to autonomous vehicles may restrain the growth of this market during the forecast period.
Product Definition:
A self-driving shuttle is a vehicle that is capable of driving itself without any human input. These shuttles are often used for transportation in large, open areas such as airports or theme parks. They are important because they can transport large numbers of people quickly and efficiently, without the need for a driver.
Conventional Shuttle:
Conventional Shuttle is a manually operated vehicle that is used to transfer passengers from one location to another. It has been in use for more than 150 years and has undergone minimal technological advancements. However, the advent of technology such as GPS, sensors, and other communication devices have made transportation easier by streamlining the conventional shuttle operations.
Hybrid Shuttle:
Hybrid shuttles are a combination of public transport and personal vehicle. They have advantages of both private vehicles and public transport. It is more fuel-efficient as compared to private vehicles, which reduces the cost per km significantly; however, it has better mobility than traditional public transport buses due to their flexibility in scheduling and routes.
The hybrid shuttle concept was first introduced by Oceaneering International Inc., a U.S.
Application Insights:
The transportation segment dominated the global self-driving shuttle market in 2017 and is expected to maintain its dominance over the forecast period. The growing adoption of autonomous vehicles for commercial purposes, such as ride-hailing services and carpooling, has significantly increased the need for self-driving shuttles. Furthermore, governments around the world are promoting initiatives to encourage companies operating transport services to adopt autonomous vehicles. For instance, Transport Research Laboratory (TRL) at England¢â‚¬â„¢s University of Leeds partnered with Volvotracker to provide a free trial ride service in 2040 through an autonomous electric bus that will ply between Bradford city center and Shipley town center on a daily basis.
Regional Analysis:
The North American regional market accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The region has been at the forefront of adoption of autonomous vehicles, with a high number of such vehicles having been deployed in public transportation. This can be attributed to favorable government regulations, presence of key companies developing such shuttles, and technological advancements associated with self-driving cars.
However, Asia Pacific is anticipated to emerge as the fastest-growing regional market from 2018 to 2030 owing to increasing investments by prominent players in China and Japan for research & development activities pertaining autonomous driving technology coupled with rising demand from various application industries for automated shuttle services. Moreover, growing popularity among consumers for on-demand transport service due to availability 24/7 support services will drive industry growth over coming years.
Growth Factors:
- Increasing demand for last-mile connectivity: The increasing demand for last-mile connectivity is one of the primary growth drivers for the self-driving shuttle market. This is because self-driving shuttles offer an efficient and affordable mode of transportation, which helps in connecting people to various places, such as airports, railway stations, and bus terminals.
- Proliferation of autonomous technology: The proliferation of autonomous technology is another key factor that is expected to drive the growth of the self-driving shuttle market in the coming years. Autonomous technology helps in improving safety and efficiency while reducing costs associated with transportation.
- Rising concerns over environmental pollution: Another major factor that is expected to fuel the growth of the self-driving shuttle market in future is rising concerns over environmental pollution caused by traditional modes of transportation such as cars and buses. Self-driving shuttles are environment friendly and do not produce any emissions, which makes them a preferred choice among consumers looking for sustainable modes of transportation options..
Scope Of The Report
Report Attributes
Report Details
Report Title
Self-driving Shuttle Market Research Report
By Type
Conventional Shuttle, Hybrid Shuttle, Electric Shuttle
By Application
Transportation, Logistics, Industrial, Other
By Companies
2getthere, Apollo, Astar Golden Dragon, Aurrigo, BlueSG, AECOM, Coast Autonomous, DeLijn, e-BiGO, Sensible4, Hino Motors Ltd
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
120
Number of Tables & Figures
84
Customization Available
Yes, the report can be customized as per your need.
Global Self-driving Shuttle Market Report Segments:
The global Self-driving Shuttle market is segmented on the basis of:
Types
Conventional Shuttle, Hybrid Shuttle, Electric Shuttle
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, Logistics, Industrial, Other
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:
- 2getthere
- Apollo
- Astar Golden Dragon
- Aurrigo
- BlueSG
- AECOM
- Coast Autonomous
- DeLijn
- e-BiGO
- Sensible4
- Hino Motors Ltd
Highlights of The Self-driving Shuttle 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:
- Conventional Shuttle
- Hybrid Shuttle
- Electric Shuttle
- By Application:
- Transportation
- Logistics
- Industrial
- Other
- 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 Self-driving Shuttle 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.
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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?
A self-driving shuttle is a vehicle that can transport passengers between locations without the need for a driver.
Some of the major companies in the self-driving shuttle market are 2getthere, Apollo, Astar Golden Dragon, Aurrigo, BlueSG, AECOM, Coast Autonomous, DeLijn, e-BiGO, Sensible4, Hino Motors Ltd.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Self-driving Shuttle Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Self-driving Shuttle Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Self-driving Shuttle Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Self-driving Shuttle Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Self-driving Shuttle Market Size & Forecast, 2020-2028
4.5.1 Self-driving Shuttle Market Size and Y-o-Y Growth
4.5.2 Self-driving Shuttle Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Conventional Shuttle
5.2.2 Hybrid Shuttle
5.2.3 Electric Shuttle
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Transportation
6.2.2 Logistics
6.2.3 Industrial
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Self-driving Shuttle Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Self-driving Shuttle Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Conventional Shuttle
9.6.2 Hybrid Shuttle
9.6.3 Electric Shuttle
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Transportation
9.10.2 Logistics
9.10.3 Industrial
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Conventional Shuttle
10.6.2 Hybrid Shuttle
10.6.3 Electric Shuttle
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Transportation
10.10.2 Logistics
10.10.3 Industrial
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Conventional Shuttle
11.6.2 Hybrid Shuttle
11.6.3 Electric Shuttle
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Transportation
11.10.2 Logistics
11.10.3 Industrial
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Conventional Shuttle
12.6.2 Hybrid Shuttle
12.6.3 Electric Shuttle
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Transportation
12.10.2 Logistics
12.10.3 Industrial
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Conventional Shuttle
13.6.2 Hybrid Shuttle
13.6.3 Electric Shuttle
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Transportation
13.10.2 Logistics
13.10.3 Industrial
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Self-driving Shuttle Market: Competitive Dashboard
14.2 Global Self-driving Shuttle Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 2getthere
14.3.2 Apollo
14.3.3 Astar Golden Dragon
14.3.4 Aurrigo
14.3.5 BlueSG
14.3.6 AECOM
14.3.7 Coast Autonomous
14.3.8 DeLijn
14.3.9 e-BiGO
14.3.10 Sensible4
14.3.11 Hino Motors Ltd
