DUBLIN--(BUSINESS WIRE )--The "Autonomous Shuttles, 2022: Frost Radar Report" has been added to ResearchAndMarkets.com's offering.

The report reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the report.

The autonomous shuttle will be an important step toward bringing driverless technology to the masses. Unlike other self-driving technologies that are being developed for logistics or personal transport, autonomous shuttles will carry multiple passengers on scheduled urban and rural routes, providing a clean and safe public transit option to decongest city centers, reduce emissions, and serve areas that lack scheduled bus transportation systems.

The industry is fragmented, with most companies in the pre-revenue stage. It also is extremely competitive, with many start-ups successfully testing shuttles capable of Level 4 autonomy and ready with a marketable solution.

The companies considered in this radar operate on a variety of business models (some are original equipment manufacturers, some are technology providers, and some are operators).

The largest are based in Europe, where they benefit from European Union-led grants for pilots and the support that cities extend to test shuttles on public streets and integrate them with public transport systems.

For more information about this report visit https://www.researchandmarkets.com/r/6mmu7e

ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900