Robo-Taxi Market is expected to grow at a compound annual growth rate (CAGR) of 54.3% from 2023 to 2029, reaching $ US 79.68 billion.
Robo-Taxi Market Overview
The report covers the Robo-Taxi Market’s most recent revenue and Market trends. It provides a Market overview, definition, and structure, as well as preventative and pre-planned management. The report focuses on the factors that influence the Robo-Taxi Market, such as gross margin, cost, Market share, capacity utilization, and supply. It also aids in determining the future potential of the Robo-Taxi Market in the next few years during the forecast period. The report provides a Market overview through common subjects that are highlighted with unique data based on the need. The overview aids in making decisions about how to approach the Market and comprehending the industry’s backdrop.
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Robo-Taxi Market Scope
The report focuses on the major key drivers and restraints for key companies, as well as the current competitive benchmarking and development prospects. The report provides current Robo-Taxi Market trends and future insights in terms of demand, supply chain, and sales, as well as recent changes in the Market. Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price, and Gross Margin & Sales by Product are all included in this Robo-Taxi Market research report. For the competitive analysis, the report includes the profile of the key Market players in the Robo-Taxi Market including company overview, financial performance, product portfolio, and strategies. SWOT and PESTLE analysis were used for the research that combines quantitative and qualitative research methods.
Robo-Taxi Market Segmentation
by Service Type :
• Rental services
• Station-based services
by Vehicle Type :
• Cars
• Mini-buses
• Buses
The market is divided into three vehicle types: autos, shuttles, and pods. Cars are projected to dominate the industry due to their greater adaptability to existing infrastructure and larger passenger capacity. Because they require specialised infrastructure and have a reduced passenger capacity, shuttles and pods are likely to have a smaller market share. The market is divided into three service types: automobile rental, ride-hailing, and car sharing. Ride-hailing is predicted to have the biggest market share since it provides passengers with greater flexibility and convenience. Car sharing and car rental are likely to have reduced market shares due to the additional planning and scheduling required. The market is divided into four regions: North America, Europe, Asia Pacific, and the Rest of the World. North
by Level Of Autonomy :
• Level 4
• Level 5
RoboTaxis expects North America to be a key market due to the existence of multiple well-known competitors. The legal structure for self-driving vehicles is particularly beneficial in the United States, where several states authorise RoboTaxi testing and use. South America is another key market for RoboTaxis, with various manufacturers and IT businesses investing in autonomous driving technologies. Furthermore, the region is home to a number of densely populated cities, making it a viable market for on-demand transportation services. South America, where multiple nations, including China, Japan, and South Korea, have made substantial investments in autonomous driving technology, is expected to have the highest market growth for roboTaxis. The region’s economic development also creates a good market for on-demand transportation services.
by End-User :
• Individuals
• Corporate
The Robo-Taxi Market’s competitive landscape is characterised by the presence of multiple key participants, including both established automakers and tech businesses. These companies are heavily investing in R&D to build more dependable, efficient, and safe autonomous vehicles that can function without human involvement. They are also forging alliances with ride-sharing firms in order to enhance their customer base and market share. Waymo LLC, an Alphabet Inc. company, has collaborated with Lyft to provide self-driving ride-sharing services in select cities. Similarly, Cruise Automation, a General Motors subsidiary, has collaborated with Honda Motor Co. Ltd. to develop and deploy autonomous vehicles. Aside from these established competitors, other start-ups in the Robo-Taxi Market are emerging, with an emphasis on developing niche technology.
TOC
- Global Robo-Taxi Market: Research Methodology
- Global Robo-Taxi Market: Executive Summary
- Market Overview and Definitions
- Introduction to Global Robo-Taxi Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Robo-Taxi Market: Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Global Robo-Taxi Market Segmentation
- Global Robo-Taxi Market, by Service Type (2021-2029)
- Global Robo-Taxi Market, by Vehicle Type (2021-2029)
- Global Robo-Taxi Market, by Level Of Autonomy (2021-2029)
- Global Robo-Taxi Market, by End-User (2021-2029)
- Regional Robo-Taxi Market(2021-2029)
- Regional Robo-Taxi Market, by Service Type (2021-2029)
- Regional Robo-Taxi Market, by Vehicle Type (2021-2029)
- Regional Robo-Taxi Market, by Level Of Autonomy (2021-2029)
- Regional Robo-Taxi Market, by End-User (2021-2029)
- Regional Robo-Taxi Market, by Country (2021-2029)
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
Robo-Taxi Market Key Players :
North America:
• Waymo LLC (United States)
• Cruise LLC (United States)
• Uber Technologies Inc. (United States)
• Lyft Inc. (United States)
• Pony.ai (United States)
• Argo AI (United States)
• Aurora Innovation Inc. (United States)
• Zoox Inc. (United States)
• Motional LLC (United States)
• Voyage Auto Inc. (United States)
Europe:
• Mobileye N.V. (Israel)
• EasyMile (France)
• Navya (France)
• Oxbotica (United Kingdom)
• Five AI Inc. (United Kingdom)
• Arrival Ltd. (United Kingdom)
• Zenuity AB (Sweden)
• Aurrigo (United Kingdom)
• TomTom NV (Netherlands)
• WeRide (Germany)
Asia-Pacific:
• Baidu Inc. (China)
• DiDi Chuxing (China)
• Pony.ai (China)
• AutoX Inc. (China)
• Yandex Self-Driving Group (Russia)
• Optimus Ride (Singapore)
• Cruise LLC (Japan)
• Nuro Inc. (Japan)
• SoftBank Corp. (Japan)
• Grab Holdings Inc. (Singapore)
Middle East & Africa:
• Cruise LLC (United Arab Emirates)
• Careem (United Arab Emirates)
• Oxbotica (United Kingdom/South Africa)
• Halan (Egypt)
• MaxAB (Egypt)
• Swvl (Egypt)
• Temenos (South Africa)
• Zulzi (South Africa)
• Gozem (Togo)
• Jetvan (South Africa)
South & Latin America:
• 99 (Brazil)
• Easy (Brazil)
• Yellow (Brazil)
• Cabify (Spain/Mexico)
• VOY (Mexico)
• Kovi (Brazil)
• Ubook (Brazil)
• Voom (Mexico)
• Bitcar (Brazil)
• Ridecell (Mexico)
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Regional Analysis
Robo-Taxi Region dominated the Robo-Taxi Market in 2021 and is expected to witness significant growth during the forecast period. Government initiatives in the sector and regulations and rein in rising expenses drive the Robo-Taxi Market growth in the region. The Robo-Taxi Market report includes a geographic condition of the Market, and revenue as well as in-depth research into the business network structure, opportunities, and news updates.
Key Questions answered in the Market Report are:
- What is Robo-Taxi Market?
- What is the forecast period of the Market?
- What is the competitive scenario of the Market?
- Which region held the largest Market share in the Market?
- What are the opportunities for the Market?
- What factors are affecting the Market growth?
- Who are the key players of the Robo-Taxi Market?
- Which company held the largest share in the Market?
- What will be the CAGR of the Market during the forecast period?
- What key trends are likely to emerge in the Market in the coming years?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Robo-Taxi
- Landscape- Leading key players and other prominent key players.
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