As the global semi-autonomous and autonomous bus market continues to grow, with revenue projected to reach US$ 2,904.1 million by 2031, the world is witnessing a revolution in transportation. Autonomous buses, electrically-powered self-driving vehicles capable of transporting twelve or more passengers, are becoming increasingly popular. These buses operate without a driver, using cameras, sensors, and remote controls to navigate through traffic.

Pros of Autonomous Vehicles

Autonomous vehicles offer several advantages, including reduced traffic congestion and fuel consumption. By eliminating human error, autonomous driving technology also helps to improve road safety. Additionally, the development of smart cities and supportive government regulations are expected to create opportunities for the semi-autonomous and autonomous bus market in the near future.

Cons of Autonomous Vehicles

However, there are also challenges associated with autonomous vehicles, such as software failures, high manufacturing costs, and data management issues. The COVID-19 pandemic has also negatively impacted the global semi-autonomous and autonomous bus market due to lockdowns in 2020, causing a decline in automotive production and sales.

Predictive AI in Real Estate

Beyond transportation, predictive AI is being used in other industries, such as real estate. Tools like Catalyze AI, Likely.AI, and SmartZip help real estate agents find new listings in their geo-farm by analyzing data to predict future demands or occurrences. These tools offer benefits such as customizable user interfaces, targeted geographical advertising, and automated notifications. However, they also have drawbacks, including vague pricing, non-binding leads, and limited availability in some markets.

India’s First Autonomous Vehicle: zPod

Recently, Minus Zero unveiled zPod, India’s first autonomous vehicle. This four-seater electric vehicle uses six cameras instead of LIDAR for navigation and can scale up to autonomous level 5. While its near-future use case will be limited to in-campus mobility, such as educational campuses, residential areas, and tech parks, zPod serves as an inspiration for automakers to explore new possibilities for vehicle design.