Autonomous shuttles are vehicles that navigate autonomously at sub-50km/h speeds along predetermined, learned paths. Because of these characteristics, the shuttle segment is less regulated than the automotive market. Hence, trial deployments are anticipated to ramp up quickly.
Autonomous shuttles provide an attractive, flexible solution to move people around industrial campuses, city centers, or suburban neighborhoods, connecting such areas with main mass transit systems, greatly improving public transportation.
Many companies today are involved in the development of a variety of autonomous shuttle platforms. LiDARs for autonomous shuttles is an emerging yet very active market, with an expected CAGR of more than 50% over the next 5 years. The sensor combination differs significantly between autonomous shuttle platforms and may include anywhere from 3 to 12 LiDARs.