Global Robo-Taxi Market Size is valued nearly USD 2,130 units by 2020 and is estimated to reach up to USD xx.xx units by 2030. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 110.87% during the forecast period, i.e. 2017-2030 due to growing demand for ride-hailing services, research and development, and government support for reducing emissions, infrastructure development, and technological advancement for electrification of vehicles that are the major factors which will propel the industry growth during the forecast period. In the other hand the growing concern regarding road safety, environment changes, air pollution and new regulation rules pass by various countries and union, and ride-hailing services have led to the growth and demand of the market over the forecast period. The autonomous vehicles and electric cars technology will help the industry due to technology advancement and high investment in R&D will boost the robo-taxi services in coming years. The North America and European are projected to drive the market demand and growth in the next 10 years.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2030

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global robo-taxi market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global robo-taxi market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.     

Market Dynamic

According to the new market research study on "Global Robo-Taxi Market Size, By Application (Goods and Passenger), Level of Autonomy (L4 and L5), Vehicle (Car and Shuttle/Van), Service (Rental and Station Based), Propulsion (Electric, Hybrid, and Fuel Cell), Component, and Regional Analysis (North America - U.S, Canada, Other) (Asia-Pacific -India, Japan, China, Australia, Other) (Europe – UK, Russia, France, Brazil, Other) (Middle East and Africa) - Global Industry Insights, Trends and Forecast, 2017-2030.", global robo-taxi market showed crucial growth in the recent years and is anticipated to witness a steep rise by generating an estimated revenue of US$ xx.xx over the forecast period. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 110.87% during the forecast period that is 2017-2030 due to high demand generating from end-user such as goods and passenger. The North American market is projected to lead the global robo-taxi market over the forecast period that is 2019 to 2030, driven by the technological advancements and the presence of key manufacturers.

Market Segment

The objective of this market study is to analyze, define, describe, and forecast the robo-taxi industry basis on platform, product, position, arrangement, distribution channel and region. Based on application, the robo-taxi market has been divided into goods and passenger. The passenger car segment is projected to grow at significant manner over the forecast period due to growing need of new or alternative transport service and people looking quick service from transportation that equipment fulfil by robo-taxi that is reason industry driving market growth in the coming years. The robo-taxi market is classified basis on vehicles types that are car and shuttle/van. The car segment is led the market in terms of market share and growth over the forecast period. The robotaxi always depict in car design and model not in big transportation or goods carrier. As per the industry experts the autonomous car or electric car technology led the market due to similar technology scenario and major manufacturer’s hug investment, is excepted to drive the robotaxi technology during the forecast period. Other application or sub-drivers will boost the industry over the forecast period due to high demand generating from end-user such as goods and passenger.

Regional Analysis

The global robo-taxi market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. The North America and European Union are projected to drive the market demand and growth in the next 10 years. The European countries like Germany, France, Norway, and the Netherlands are projected to be dominance in coming years due to technological advancements and developed region, supportive infrastructure and presence of major key manufacturer and R&D investment players. This will drive the overall demand for robo-taxis in the Europe region. Additionally, manufacturers such as NAVYA, Aptiv, EasyMile, Moia, and Daimler have their presence in the region. 

Global RoboTaxi Market Size, Share Analysis By Region 2030

The Asia pacific industry is anticipated to hold largest share and fastest growing region in the coming years due to growing concern regarding air pollution, increasing shared mobility, need of public transport, high population, income level and high research and development activities are boosting the self-driving car market over the forecast period. The emerging economies such as China, Japan, South Korea, India and Singapore will look new transport technology and investing more dollars in research and development is projected to drive the Asia Pacific market over the forecast period. The electric vehicles is hold the largest share and led the market during the forecast period due to the China will play major role in the region.    

Key Players

The major kay players in the robo-taxi market which will contribute healthy growth in regional and global market over the forecast period that key players are Waymo LLC, Aptiv, GM Cruise, Ridecell, Inc, Uber Technologies Inc., NAVYA, Moia, Volvo, Daimler EasyMile, BMW and nuTonomy.

Global Robo-Taxi Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.