A self-driving bus is a robotic vehicle designed to travel between destinations without the need of a human operator. It combines sensors and software to control, navigate, and drive and uses LiDAR and RADAR and several other sensors for operation. These self-driving systems create and maintain an internal map of their surroundings, based on a wide array of sensors. Artificial intelligence (AI) software controls all the functionality related to sensors working and RADAR sensor is used to detect obstacles. Such advance technologies helps control these vehicles efficiently. Self-driving buses provide advantages such as reduction in accidents caused due to driver’s error and reduction of hazardous gas (CO2) from vehicles.
The market is anticipated to witness a significant growth over the years, owing to the growth in connected infrastructure for automobile.
The global self-driving bus market is segmented on the basis of level of automation, component, and region. On the basis of level of automation, it is divided into level 3, level 4, and level 5. By component, it is categorized into hardware, software, and services. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players analyzed in the self-driving bus market include AV Volvo, Continental AG, Volkswagen AG, Tesla, Scania AB, Daimler AG, Proterra, Hyundai Motor Company, Hino Motors, Ltd., and Navya.
KEY BENEFITS FOR STAKEHOLDERS
• This study presents the analytical depiction of the global self-driving bus market along with the current trends and future estimations to depict the imminent investment pockets.
• The overall market potential is determined to understand the profitable trends to enable stakeholders gain a stronger foothold in the market.
• The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
• The current market is quantitatively analyzed from 2019 to 2026 to highlight the financial competency of the market.
• Porter’s five forces analysis illustrates the potency of the buyers and suppliers.
KEY MARKET SEGMENTS
By Level of Automation
o Level 3
o Level 4
o Level 5
By Component
o Hardware
o Software
o Services
By Region
o North America
• U.S.
• Canada
• Mexico
o Europe
• UK
• Germany
• Russia
• France
• Rest of Europe
o Asia-Pacific
• China
• India
• Japan
• Australia
• Rest of Asia-Pacific
o LAMEA
• Latin America
• Middle East
• Africa
•
Chapter 1: Introduction
1.1. Report Description
1.2. Key Benefits For Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools And Models
Chapter 2: Executive Summary
2.1. Cxo Perspective
Chapter 3: Market Overview
3.1. Market Definition And Scope
3.2. Key Findings
3.2.1. Top Impacting Factors
3.2.2. Top Investment Pockets
3.2.3. Top Winning Strategies
3.3. Porter’S Five Forces Analysis
3.4. Market Share Analysis (2019)
3.5. Market Dynamics
3.5.1. Drivers
3.5.1.1. Reduction In Traffic Congestion Due To Improved Safety
3.5.1.2. Growing Connected Infrastructure
3.5.2. Restraint
3.5.2.1. High Manufacturing Cost
3.5.2.2. Data Management Challenges
3.5.3. Opportunities
3.5.3.1. Development of Smart Cities.
Chapter 4: Self-Driving Bus Market, By Level of Automation
4.1. Overview
4.2. Level 3
4.2.1. Key Market Trends, Growth Factors And Opportunities
4.2.2. Market Size And Forecast, By Region
4.2.3. Market Analysis By Country
4.3. Level 4
4.3.1. Key Market Trends, Growth Factors, And Opportunities
4.3.2. Market Size And Forecast, By Region
4.3.3. Market Analysis By Country
4.4. Level 5
4.4.1. Key Market Trends, Growth Factors, And Opportunities
4.4.2. Market Size And Forecast, By Region
4.4.3. Market Analysis By Country
Chapter 5: Self-Driving Bus Market, By Component
5.1. Overview
5.2. Hardware
5.2.1. Key Market Trends, Growth Factors And Opportunities
5.2.2. Market Size And Forecast, By Region
5.2.3. Market Analysis By Country
5.3. Software
5.3.1. Key Market Trends, Growth Factors, And Opportunities
5.3.2. Market Size And Forecast, By Region
5.3.3. Market Analysis By Country
5.4. Services
5.4.1. Key Market Trends, Growth Factors, And Opportunities
5.4.2. Market Size And Forecast, By Region
5.4.3. Market Analysis By Country
Chapter 6: Self-Driving Bus Market, By Region
6.1. Overview
6.2. North America
6.2.1. Key Market Trends, Growth Factors, And Opportunities
6.2.2. Market Size And Forecast, By Level of Automation
6.2.3. Market Size And Forecast, By Component
6.2.4. Market Analysis By Country
6.2.4.1. U.S.
6.2.4.1.1. Market Size And Forecast, By Level of Automation
6.2.4.1.2. Market Size And Forecast, By Component
6.2.4.2. Canada
6.2.4.2.1. Market Size And Forecast, By Level of Automation
6.2.4.2.2. Market Size And Forecast, By Component
6.2.4.3. Mexico
6.2.4.3.1. Market Size And Forecast, By Level of Automation
6.2.4.3.2. Market Size And Forecast, By Component
6.3. Europe
6.3.1. Key Market Trends, Growth Factors, And Opportunities
6.3.2. Market Size And Forecast, By Level of Automation
6.3.3. Market Size And Forecast, By Component
6.3.4. Market Analysis By Country
6.3.4.1. Uk
6.3.4.1.1. Market Size And Forecast, By Level of Automation
6.3.4.1.2. Market Size And Forecast, By Component
6.3.4.2. Germany
6.3.4.2.1. Market Size And Forecast, By Level of Automation
6.3.4.2.2. Market Size And Forecast, By Component
6.3.4.3. Russia
6.3.4.3.1. Market Size And Forecast, By Level of Automation
6.3.4.3.2. Market Size And Forecast, By Component
6.3.4.4. France
6.3.4.4.1. Market Size And Forecast, By Level of Automation
6.3.4.4.2. Market Size And Forecast, By Component
6.3.4.5. Rest of Europe
6.3.4.5.1. Market Size And Forecast, By Level of Automation
6.3.4.5.2. Market Size And Forecast, By Component
6.4. Asia-Pacific
6.4.1. Key Market Trends, Growth Factors, And Opportunities
6.4.2. Market Size And Forecast, By Level of Automation
6.4.3. Market Size And Forecast, By Component
6.4.4. Market Analysis By Country
6.4.4.1. China
6.4.4.1.1. Market Size And Forecast, By Level of Automation
6.4.4.1.2. Market Size And Forecast, By Component
6.4.4.2. Japan
6.4.4.2.1. Market Size And Forecast, By Level of Automation
6.4.4.2.2. Market Size And Forecast, By Component
6.4.4.3. India
6.4.4.3.1. Market Size And Forecast, By Level of Automation
6.4.4.3.2. Market Size And Forecast, By Component
6.4.4.4. Australia
6.4.4.4.1. Market Size And Forecast, By Level of Automation
6.4.4.4.2. Market Size And Forecast, By Component
6.4.4.5. Rest of Asia-Pacific
6.4.4.5.1. Market Size And Forecast, By Level of Automation
6.4.4.5.2. Market Size And Forecast, By Component
6.5. Lamea
6.5.1. Key Market Trends, Growth Factors, And Opportunities
6.5.2. Market Size And Forecast, By Level of Automation
6.5.3. Market Size And Forecast, By Component
6.5.4. Market Analysis By Country
6.5.4.1. Latin America
6.5.4.1.1. Market Size And Forecast, By Level of Automation
6.5.4.1.2. Market Size And Forecast, By Component
6.5.4.2. Middle East
6.5.4.2.1. Market Size And Forecast, By Level of Automation
6.5.4.2.2. Market Size And Forecast, By Component
6.5.4.3. Africa
6.5.4.3.1. Market Size And Forecast, By Level of Automation
6.5.4.3.2. Market Size And Forecast, By Component
Chapter 7: Company Profiles
7.1. Av Volvo
7.1.1. Company Overview
7.1.2. Company Snapshot
7.1.3. Operating Business Segments
7.1.4. Business Performance
7.1.5. Key Strategic Moves And Developments
7.2. Continental Ag
7.2.1. Company Overview
7.2.2. Company Snapshot
7.2.3. Operating Business Segments
7.2.4. Product Portfolio
7.2.5. Business Performance
7.2.6. Key Strategic Moves And Developments
7.3. Volkswagen Ag
7.3.1. Company Overview
7.3.2. Company Snapshot
7.3.3. Operating Business Segments
7.3.4. Business Performance
7.3.5. Key Strategic Moves And Developments
7.4. Tesla
7.4.1. Company Overview
7.4.2. Company Snapshot
7.4.3. Operating Business Segments
7.4.4. Product Portfolio
7.4.5. Business Performance
7.5. Scania Ab
7.5.1. Company Overview
7.5.2. Company Snapshot
7.5.3. Operating Business Segments
7.5.4. Business Performance
7.5.5. Key Strategic Moves And Developments
7.6. Daimler Ag
7.6.1. Company Overview
7.6.2. Company Snapshot
7.6.3. Operating Business Segments
7.6.4. Business Performance
7.6.5. Key Strategic Moves And Developments
7.7. Proterra
7.7.1. Company Overview
7.7.2. Company Snapshot
7.7.3. Key Strategic Moves And Developments
7.8. Hyundai Motor Company
7.8.1. Company Overview
7.8.2. Company Snapshot
7.8.3. Operating Business Segments
7.8.4. Business Performance
7.9. Hino Motors, Ltd.
7.9.1. Company Overview
7.9.2. Company Snapshot
7.9.3. Business Performance
7.10. Navya
7.10.1. Company Overview
7.10.2. Company Snapshot
7.10.3. Product Portfolio
7.10.4. Business Performance
List of Tables
Table 01. Global Self-Driving Bus Market, By Level of Automation, 2017-2025($Million)
Table 02. Self-Driving Bus Market Revenue For Level 3, By Region 2019-2026 ($Million)
Table 03. Self-Driving Bus Market Revenue For Level 4, By Region 2019-2026 ($Million)
Table 04. Self-Driving Bus Market Revenue For Level 5, By Region 2019–2026 ($Million)
Table 05. Global Self-Driving Bus Market, By Component, 2017-2025($Million)
Table 06. Self-Driving Bus Market Revenue For Hardware, By Region 2019-2026 ($Million)
Table 07. Self-Driving Bus Market Revenue For Nlp, By Region 2019-2026 ($Million)
Table 08. Self-Driving Bus Market Revenue For Services, By Region 2019–2026 ($Million)
Table 09. North American Self-Driving Bus Market, By Level of Automation, 2019–2026 ($Million)
Table 10. North American Self-Driving Bus Market, By Component, 2019–2026 ($Million)
Table 11. U. S. Self-Driving Bus Market, By Level of Automation, 2019–2026 ($Million)
Table 12. U. S. Self-Driving Bus Market, By Component, 2019–2026 ($Million)
Table 13. Canada Self-Driving Bus Market, By Level of Automation, 2019–2026 ($Million)
Table 14. Canada Self-Driving Bus Market, By Component, 2019–2026 ($Million)
Table 15. Mexico Self-Driving Bus Market, By Level of Automation, 2019–2026 ($Million)
Table 16. Mexico Self-Driving Bus Market, By Component, 2019–2026 ($Million)
Table 17. European Self-Driving Bus Market, By Level of Automation, 2019–2026 ($Million)
Table 18. European Self-Driving Bus Market, By Component, 2019–2026 ($Million)
Table 19. Uk Self-Driving Bus Market, By Level of Automation, 2019–2026 ($Million)
Table 20. Uk Self-Driving Bus Market, By Component, 2019–2026 ($Million)
Table 21. Germany Self-Driving Bus Market, By Level of Automation, 2019–2026 ($Million)
Table 22. Germany Self-Driving Bus Market, By Component, 2019–2026 ($Million)
Table 23. Russia Self-Driving Bus Market, By Level of Automation, 2019–2026 ($Million)
Table 24. Russia Self-Driving Bus Market, By Component, 2019–2026 ($Million)
Table 25. France Self-Driving Bus Market, By Level of Automation, 2019–2026 ($Million)
Table 26. France Self-Driving Bus Market, By Component, 2019–2026 ($Million)
Table 27. Rest of Europe Self-Driving Bus Market, By Level of Automation, 2019–2026 ($Million)
Table 28. Rest of Europe Self-Driving Bus Market, By Component, 2019–2026 ($Million)
Table 29. Asia-Pacific Self-Driving Bus Market, By Level of Automation, 2019–2026 ($Million)
Table 30. Asia-Pacific Self-Driving Bus Market, By Component, 2019–2026 ($Million)
Table 31. China Self-Driving Bus Market, By Level of Automation, 2019–2026 ($Million)
Table 32. China Self-Driving Bus Market, By Component, 2019–2026 ($Million)
Table 33. Japan Self-Driving Bus Market, By Level of Automation, 2019–2026 ($Million)
Table 34. Japan Self-Driving Bus Market, By Component, 2019–2026 ($Million)
Table 35. India Self-Driving Bus Market, By Level of Automation, 2019–2026 ($Million)
Table 36. India Self-Driving Bus Market, By Component, 2019–2026 ($Million)
Table 37. Australia Self-Driving Bus Market, By Level of Automation, 2019–2026 ($Million)
Table 38. Australia Self-Driving Bus Market, By Component, 2019–2026 ($Million)
Table 39. Rest of Asia-Pacific Self-Driving Bus Market, By Level of Automation, 2019–2026 ($Million)
Table 40. Rest of Asia-Pacific Self-Driving Bus Market, By Component, 2019–2026 ($Million)
Table 41. Lamea Self-Driving Bus Market, By Level of Automation, 2019–2026 ($Million)
Table 42. Lamea Self-Driving Bus Market, By Component, 2019–2026 ($Million)
Table 43. Latin America Self-Driving Bus Market, By Level of Automation, 2019–2026 ($Million)
Table 44. Latin America Self-Driving Bus Market, By Component, 2019–2026 ($Million)
Table 45. Middle East Self-Driving Bus Market, By Level of Automation, 2019–2026 ($Million)
Table 46. Middle East Self-Driving Bus Market, By Component, 2019–2026 ($Million)
Table 47. Africa Self-Driving Bus Market, By Level of Automation, 2019–2026 ($Million)
Table 48. Africa Self-Driving Bus Market, By Component, 2019–2026 ($Million)
Table 49. Ab Volvo: Company Snapshot
Table 50. Ab Volvo: Operating Segments
Table 51. Ab Volvo: Key Strategic Moves And Developments
Table 52. Continental Ag: Company Snapshot
Table 53. Continental Ag: Operating Segments
Table 54. Continental Ag: Product Portfolio
Table 55. Continental Ag: Key Strategic Moves And Developments
Table 56. Volkswagen Ag: Company Snapshot
Table 57. Volkswagen Ag: Operating Segments
Table 58. Volkswagen Ag: Key Strategic Moves And Developments
Table 59. Tesla: Company Snapshot
Table 60. Tesla: Operating Segments
Table 61. Tesla: Product Portfolio
Table 62. Scania Ab: Company Snapshot
Table 63. Scania Ab: Operating Segments
Table 64. Scania Ab: Key Strategic Moves And Developments
Table 65. Daimler Ag: Company Snapshot
Table 66. Daimler Ag: Operating Segments
Table 67. Daimler Ag: Key Strategic Moves And Developments
Table 68. Proterra: Company Snapshot
Table 69. Proterra: Key Strategic Moves And Developments
Table 70. Hyundai Motor Company: Company Snapshot
Table 71. Hyundai Motor Company: Operating Segments
Table 72. Hino Motors, Ltd.: Company Snapshot
Table 73. Navya: Company Snapshot
Table 74. Navya: Product Portfolio
List of Figures
Figure 01. Key Market Segments
Figure 02. Executive Summary
Figure 03. Executive Summary
Figure 04. Top Impacting Factors
Figure 05. Top Investment Pockets
Figure 06. Top Winning Strategies, By Year, 2016–2019*
Figure 07. Top Winning Strategies, By Year, 2016–2019*
Figure 08. Top Winning Strategies, By Company, 2016–2019*
Figure 09. Moderate-To-High Bargaining Power of Suppliers
Figure 10. Moderate-To-High Threat of New Entrants
Figure 11. Moderate Threat of Substitutes
Figure 12. High-To-Moderate Intensity of Rivalry
Figure 13. High-To-Moderate Bargaining Power of Buyers
Figure 14. Market Share Analysis (2017)
Figure 15. Global Self-Driving Bus Market Share, By Level of Automation, 2019–2026 (%)
Figure 16. Comparative Share Analysis of Self-Driving Bus Market For Level 3, By Country, 2017 & 2025 (%)
Figure 17. Comparative Share Analysis of Self-Driving Bus Market For Level 4, By Country, 2017 & 2025 (%)
Figure 18. Comparative Share Analysis of Self-Driving Bus Market For Level 5, By Country, 2017 & 2025 (%)
Figure 19. Global Self-Driving Bus Market Share, By Component, 2019–2026 (%)
Figure 20. Comparative Share Analysis of Self-Driving Bus Market For Hardware, By Country, 2017 & 2025 (%)
Figure 21. Comparative Share Analysis of Self-Driving Bus Market For Nlp, By Country, 2017 & 2025 (%)
Figure 22. Comparative Share Analysis of Self-Driving Bus Market For Services, By Country, 2017 & 2025 (%)
Figure 23. Self-Driving Bus Market, By Region, 2017-2025 (%)
Figure 24. Comparative Share Analysis of Self-Driving Bus Market, By Country, 2019–2026 (%)
Figure 25. U. S. Self-Driving Bus Market, 2019–2026 ($Million)
Figure 26. Canada Self-Driving Bus Market, 2019–2026 ($Million)
Figure 27. Mexico Self-Driving Bus Market, 2019–2026 ($Million)
Figure 28. Comparative Share Analysis of Self-Driving Bus Market, By Country, 2019–2026 (%)
Figure 29. Uk Self-Driving Bus Market, 2019–2026 ($Million)
Figure 30. Germany Self-Driving Bus Market, 2019–2026 ($Million)
Figure 31. Russia Self-Driving Bus Market, 2019–2026 ($Million)
Figure 32. France Self-Driving Bus Market, 2019–2026 ($Million)
Figure 33. Rest of Europe Self-Driving Bus Market, 2019–2026 ($Million)
Figure 34. Comparative Share Analysis of Self-Driving Bus Market, By Country, 2019–2026 (%)
Figure 35. China Self-Driving Bus Market, 2019–2026 ($Million)
Figure 36. Japan Self-Driving Bus Market, 2019–2026 ($Million)
Figure 37. India Self-Driving Bus Market, 2019–2026 ($Million)
Figure 38. Australia Self-Driving Bus Market, 2019–2026 ($Million)
Figure 39. Rest of Asia-Pacific Self-Driving Bus Market, 2019–2026 ($Million)
Figure 40. Comparative Share Analysis of Self-Driving Bus Market, By Country, 2019–2026 (%)
Figure 41. Latin America Self-Driving Bus Market, 2019–2026 ($Million)
Figure 42. Middle East Self-Driving Bus Market, 2019–2026 ($Million)
Figure 43. Africa Self-Driving Bus Market, 2019–2026 ($Million)
Figure 44. Ab Volvo: Revenue, 2016–2018 ($Million)
Figure 45. Ab Volvo: Revenue Share By Segment, 2018 (%)
Figure 46. Ab Volvo: Revenue Share By Geography, 2018 (%)
Figure 47. Continental Ag: Revenue, 2016–2018 ($Million)
Figure 48. Continental Ag: Revenue Share By Segment, 2018 (%)
Figure 49. Continental Ag: Revenue Share By Region, 2018 (%)
Figure 50. Volkswagen Ag: Revenue, 2016–2018 ($Million)
Figure 51. Volkswagen Ag: Revenue Share By Segment, 2018 (%)
Figure 52. Volkswagen Ag: Revenue Share By Geography, 2018 (%)
Figure 53. Tesla: Revenue, 2016–2018 ($Million)
Figure 54. Tesla: Revenue Share By Segment, 2018 (%)
Figure 55. Tesla: Revenue Share By Region, 2018 (%)
Figure 56. Scania Ab: Revenue, 2016–2018 ($Million)
Figure 57. Scania Ab: Revenue Share By Segment, 2018 (%)
Figure 58. Scania Ab: Revenue Share By Region, 2018 (%)
Figure 59. Daimler Ag: Revenue, 2016–2018 ($Million)
Figure 60. Daimler Ag: Revenue Share By Segment, 2018 (%)
Figure 61. Daimler Ag: Revenue Share By Region, 2018 (%)
Figure 62. Hyundai Motor Company: Revenue, 2016–2018 ($Million)
Figure 63. Hyundai Motor Company: Revenue Share By Segment, 2018 (%)
Figure 64. Hyundai Motor Company: Revenue Share By Geography, 2018 (%)
Figure 65. Hino Motors, Ltd.: Revenue, 2016–2018 ($Million)
Figure 66. Hino Motors, Ltd.: Revenue Share By Geography, 2018 (%)
Figure 67. Navya: Revenue, 2016–2018 ($Million)
Research Methodology
It is a well-organized procedure to carry out research. We at Market Growth Insight follow global, all-inclusive & iterative research methodology to develop our research reports. We are using both the top down as well as bottom-up approaches for partitioning and evaluating the significant aspects of the market.
It is a systematic & strategic approach for conducting a market study. Our market research methodology is based on the concept that gives a detailed description of the factors behind an observation. Let us see the detailed market research methodology.
Primary Data Research
It is the very basic stage of research the raw data is obtained and collected on a boarded front.Data is constantly filtered to ensure that only validated and authenticated sources are considered. Moreover,information is also mined from a large group of reports in our vault, as well as various reputed paid databases. It is necessary to understand the entire value chain and in order to facilitate this; we gather information from raw material suppliers, distributors as well as buyers, for extensive knowledge of the market.
The technical issues and trends are acquired from reviews, technical discussion and trade journals. Moreover, the technical data is also accumulated from intellectual property prospective, focusing on a void area and freedom of movement. The industry elements regarding drivers, restraints, pricing trends are also collected. Subsequently, the material developed contains a wide range of original and unique information that is then further cross-validated and authenticated with published sources.
Statistical Model
Simulation models are responsible to estimate and forecast our market, and for each research, a unique model is created and customized. The data accumulated for market dynamics, innovation scene, application improvement, estimating trends is delivered into the model and analyzedsimultaneously. These components are examined on a comparative basis, and their impact on the figure of the frame is measured with the assistance of correlation, regression and time series investigation. Forecasting of the market is performed through the consolidation of economic tools, innovative examination, and industry experience along with domain expertise. Generally, economic models are utilized for short-termforecasting, technological market models are used for long-term forecasting of a market. These are based on an amalgamation of technology innovation, regulatory frameworks, economic outlook, and business principles. A bottom-up approach to the market estimation is preferred, with key regional markets analyzed as separate entities and integration of information to get a worldwide evaluation. This is very critical for a deep knowledge of the business as well as ensuring negligible mistakes. Below mentioned are some of the parameters are considered for forecasting
Market drivers and restraints, along with their current and expected impact
Raw material scenario and supply v/s price trends
Regulatory situation and expected developments
Current capacity and expected capacity additions up to 2025
Market driving organizations
The key targets of essential research are as per the following
To approve our information as far as exactness and adequacy
To pick up an understanding of the present market and future desires
We dole out weights to these parameters and evaluate their market effect utilizing weighted normal examination, to infer a normal market development rate.
This is the last advance in assessing and anticipating for our reports. Thorough essential meetings are led, on up close and personal and additionally via telephone to approve our discoveries and suppositions used to get them. Interviewees are drawn closer from driving organizations over the esteem chain including providers, innovation suppliers, area specialists,and purchasers in order to guarantee an all-encompassing and fair photo of the market. Essential meetings help in information approval, as well as give basic bits of knowledge into the market, current business situation and future desires and upgrade the nature of our reports. Every one of our assessments and figure is checked through comprehensive essential research with Key Industry Participants (KIPs) which ordinarily include:
Preliminary Investigation
This is the closing phase in estimating and forecasting for our reports. In this stage face to face and telephonic exhaustive interviews are conducted to validate our conclusion and assumptions used to obtain the final data. The leading companies across the value chain including suppliers, technology providers, domain experts,and purchasers are approaching the interviewees to ensure a holistic and unbiased view of the market. These interviews are led over the world, with language boundaries defeat with the guide of local staff and translators. Primary interviews in information validation as well as give critical insights into the market, current business outline and future expectations upgrade the quality of our reports. All our estimates and forecast are verified through exhaustive primary research with Key Industry Participants include
Leading market organizations
The key targets of primary research are as per the following:
To validate our data as far as exactness and adequacy
To pick up an understanding into the present market and future desires
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