Autonomous Bus Door System Market to Reach $77.0 Mn, Globally, by 2027 at 43.8% CAGR: Allied Market Research

PORTLAND, Oregon, June 8, 2020 /PRNewswire/ -- Allied Market Research published a report, titled, "Autonomous Bus Door System Market by Bus Type(Shuttle Bus, City Bus, Intercity Bus, Coach, and BRT Bus), Door Type (Conventional Doors, Folding Doors, Sliding Plug Doors, Coach Doors, and Inward Gliding Doors), Mechanism (Pneumatic and Electric), Level of Automation (Level 4 and Level 5), Propulsion Type (ICE, and Electric), and by Component (Hardware, Software, and Solutions): Global Opportunity Analysis and Industry Forecast, 2020–2027". According to the report, the global autonomous bus door system market generated $3.9 million in 2019, and is estimated to reach $77.0 million by 2027, registering a CAGR of 43.8% from 2020 to 2027.

Download Report Sample (280 Pages PDF with Insights, Charts, Tables, Figures) @ https://www.alliedmarketresearch.com/request-sample/6635

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.

COVID-19 scenario:

• Due the global lockdown, the companies have to curtail down their manufacturing and maintenance procedures. In addition, the supply chain of the autonomous bus door industry has been disrupted.
• Moreover, the demand for autonomous doors has been declined as well. The industry has witnessed increased unemployment rate.

Get detailed COVID-19 impact analysis on the Autonomous Bus Door System Market @ https://www.alliedmarketresearch.com/request-for-customization/6635?reqfor=covid

The electric segment to lead the trail by 2027-

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.

The sliding plug doors segment to dominate the market in 2019-

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.

Interested to Procure The Data? Inquire here @

https://www.alliedmarketresearch.com/purchase-enquiry/6635

North America to rule the roost until 2027

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 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.

Leading market players:

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

Schedule a Call with Our Analysts/Industry Experts to Find Solution for Your Business @ https://www.alliedmarketresearch.com/connect-to-analyst/6635

Similar Reports We Have:

Automotive Door Panel Market:  The global automotive door panel market was valued at $24,115.1 million in 2017, and is projected to reach at $34,158.6 million by 2025, growing at a CAGR of 4.4% from 2018 to 2025.

Automotive Interiors Market: The global automotive interiors market was valued at $171,200.3 million in 2017, and is projected to reach $249,785.4 million by 2025, registering a CAGR of 4.7% from 2018 to 2025.

Self-Driving Bus Market: The global self-driving bus market size is anticipated to value at $6.81 billion in 2019, and is projected to reach $74.52 billion by 2026, registering a CAGR of 40.5% from 2020 to 2026.

Exterior Car Accessories Market: The Global Exterior Car Accessories Market Is Segmented Based On Product Type Such As Racks, Led Lights, Body Kits, Chrome Accessories, Covers, Alloy Wheels, Window Films, And Others.

Automotive Accessories Market: The global automotive accessories market is segmented based on component, distribution channel, application, and region.

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
[email protected] 
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com 

SOURCE Allied Market Research