Self-Driving Buses: Revolutionizing Urban Mobility

 Self-Driving Buses require high amount of computational power as the amount of data generated is enormous. Autonomous vehicles interact with other intelligent transportation systems, which generate large amount of data, therefore, need a proper data storage and processing system. Furthermore, they require a large set of datasets for training. Neural networks of autonomous vehicles need to be trained on representative datasets, which include examples of all possible conditions including driving, weather, roads, and other situational conditions.

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Factors such as reduction in traffic congestion due as it is capable of controlling pace of a vehicle on its own and growth in connected infrastructure are anticipated to drive the growth of the global self-driving bus market. However, high manufacturing cost and data management challenges are the factors hindering the growth of self-driving bus market. Further, development of smart cities is anticipated to provide remarkable growth opportunities for the players operating in the self-driving bus market.

All the hardware components which are used for the functioning of self-driving buses are studied under the hardware segment. Hardware is divided into three categories—sensors, processors, and actuators. The sensors used in driverless cars consist of ultrasonic sensors, cameras, LiDAR, and RADAR. Software for self-driving buses consist of artificial intelligence (AI), image processing, face recognition, threat detection, and scattered laser beam detection. 

Key Benefits for Self-driving Bus Market:

  • This study presents the analytical depiction of the global self-driving bus market analysis along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall self-driving bus market opportunity is determined by understanding the profitable trends to gain a stronger foothold.
  • The report presents information related to the key drivers, restraints, and opportunities of the global self-driving bus market with a detailed impact analysis.
  • The current self-driving bus market is quantitatively analyzed from 2019 to 2026 to benchmark the financial competency.

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