(MENAFN- GlobeNewsWire - Nasdaq) Key opportunities in the autonomous public transit market include growth in autonomous electric buses and software segments. Urban transportation is set to expand, particularly in APAC, Africa, and South America. Companies should leverage innovative, sustainable solutions and strategic partnerships to capitalize on these opportunities.

Dublin, Nov. 13, 2025 (GLOBE NEWSWIRE) -- The "Autonomous Public Transit Global Market Opportunities And Strategies To 2034" has been added to ResearchAndMarkets's offering.

The comprehensive report delves into the burgeoning autonomous public transit market, analyzing trends from 2019 to 2029, and offering projections up to 2034. This evaluation covers key regional markets and major economic players within these regions.

In 2024, the global autonomous public transit market was valued at approximately $2.58 billion, having witnessed a robust compound annual growth rate (CAGR) of 26.49% since 2019. The market trajectory is set to continue ascending, expected to reach $7.27 billion by 2029 at a CAGR of 23.00%, and further expanding to $20.47 billion by 2034 with a steady growth rate of 22.98%.

The historic growth phase was marked by factors such as escalating traffic congestion, proliferation of smart city initiatives, a surge in shared mobility services, and heightened emphasis on road safety. Challenges such as lack of public acceptance and cybersecurity vulnerabilities posed growth constraints during this period.

Looking ahead, advancement in connected and autonomous vehicles, amplified global public transit investment, escalating demand for sustainable transportation, and proactive government initiatives are set to propel market growth. However, hurdles such as high initial investment costs, infrastructure inadequacies, and trade complexities could impede future expansion.

The market segmentation includes vehicle types: autonomous electric buses, shuttles, and taxis. Autonomous electric buses led the 2024 market, accounting for 56.71% or $1.46 billion. These buses are projected to be the fastest-growing segment from 2024-2029 with a CAGR of 23.74%. Component-wise, the market is divided into software, hardware, and services, with hardware dominating in 2024 at 47.30% or $1.22 billion. However, software is anticipated to grow swiftly with a projected CAGR of 28.41% during 2024-2029. Application segmentation includes industrial, urban, and rural transportation. In 2024, urban transportation commanded the largest market share at 78.88% or $2.03 billion, with anticipated fastest growth at a CAGR of 23.40% over 2024-2029.

Regionally, Asia Pacific led the market in 2024, contributing 43.10% or $1.11 billion. Africa and South America are projected to be the fastest-growing regions, with CAGRs of 54.26% and 37.46%, followed by the Middle East and Eastern Europe.

The market landscape is fairly fragmented, with the top ten players accounting for 16.45% of the 2024 market. Leading player Waymo LLC. holds a 3.05% market share, followed by Baidu Inc. (2.60%) and Yutong Bus Co. Ltd. (2.00%). Significant opportunities exist within the autonomous public transit segmentation, with an anticipated $4.69 billion growth by 2029. The software segment offers a promising growth potential of $2.32 billion by 2029, while urban transportation is expected to gain $3.79 billion by the same year. The USA is projected to lead market gains, contributing $1.19 billion.

Emerging trends include the launch of novel autonomous products and services aimed at enhancing efficiency and mobility. Strategic initiatives among market players focus on partnerships, expansion, and product innovation to bolster market presence. To capitalize on these opportunities, companies are encouraged to focus on deploying autonomous trains, electric vehicles, and buses, expand into emerging markets, optimize pricing strategies, and enhance visibility through digital channels and strategic partnerships.

Key Features:

• Market Characteristics and Segmentation: Analysis by vehicle type, component, and application.
• Trend Analysis: Identifies current and emerging trends shaping the market.
• Strategic Analysis: Insight into PESTEL factors, industry drivers, restraints, and growth opportunities from 2019 through 2034.
• Global and Regional Market Insights: Historic and forecast data segmented by region and country.
• Competitive Analysis: Comprehensive company profiles, market shares, and financial benchmarking of key players including Waymo LLC, Baidu Inc., Yutong Bus Co. Ltd., EasyMile SAS, and Keolis.
• Mergers and Acquisitions: Overview of significant market-shaping deals.
• Opportunity Mapping and Strategic Recommendations: Tailored strategies for market participants aimed at capturing growth across regions and segments.

Sectors Covered:

• Vehicle Types: Autonomous Electric Buses, Shuttles, Taxis
• Applications: Industrial, Urban, Rural Transportation
• Components: Software, Hardware, Services

Companies Featured

• Waymo LLC
• Baidu Inc. (Apolong)
• Yutong Bus Co. Ltd.
• EasyMile SAS
• Keolis
• Transdev
• AB Volvo Group (Volvo Buses)
• Scania AB
• Pony AI Inc.
• Motional Inc.
• AUTONOMOUS A2Z
• KG Mobility
• Foresight Automotive
• Bumhan
• King Long Bus & Coach
• WeRide
• AutoX
• DeepRoute
• Baidu Inc
• NAVYA Group
• Waymo
• DiDi Global
• Pony
• Deeproute
• Sony Honda Mobility
• ROBO-HI Corporation
• TIER IV
• 42dot
• Seoul Robotics
• MOOVITA
• SWM
• Karsan
• Alexander Dennis
• EasyMile SAS
• Aptiv PLC
• ZF Friedrichshafen AG
• Mobileye
• Continental AG
• Robert Bosch GmbH
• Cabify
• Oxbotica Ltd
• Volvo Group
• WeRide
• Yandex Self-Driving Group
• AZD Praha
• Vasttrafik
• Beep, Inc.
• Lyft Inc
• ADASTEC Corporation
• First Transit Inc
• Arlington
• Via Transportation
• Nova Bus
• Electric Autonomy
• Keolis develops
• EasyMile
• Marcopolo
• Volvo Buses
• Navya
• Siemens Mobility
• Yutong
• Uber
• Waymo LLC
• Uber Technologies Service
• Baidu
• Didi Chuxing
• Cruise LLC

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