Browse in-depth TOC on "Autonomous Trucks Market"
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Electric segment is expected to be the fastest in the Autonomous trucks market
The electric segment is expected to be the fastest one during the forecast period. The rising demand for passenger safety and efficient bus transit operations would boost the demand for the electric segment for the advanced autonomous bus market during the forecast period. Favorable government regulations for better road safety would positively impact the autonomous bus market. Features such as AEB and BSD are expected to be compulsory for all vehicles, including buses. In December 2023, Davao Metro Shuttle Corporation (Philippines) launched a self-driving shuttle and its first electric bus, which includes AEB and ACC features.
Shuttle segment is estimated to exhibit the fastest growth in Autonomous trucks market.
The shuttles segment is expected to be the fastest market in the autonomous trucks market, as they are commercialized. Navya (US), Easilmile (France), and Local Motors (US) have developed self-driving shuttles. Successful pilot programs of autonomous shuttles worldwide indicate that shuttles could be a practical solution to the gaps in traditional public transport. In January 2023, EasyMile(France) partnered with Keolis (France) on an autonomous shuttle project underway at France's National Sports Shooting. Such partnerships highlight the growth of the shuttles segment in the market.
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What are the main drivers of growth in this market?
Rising demand for ...
