Robotaxi Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Robotaxis are the self-driving taxis that are autonomous vehicles, which are operated by an on-demand mobility service. They are self-driving vehicles any human involvement for the operation of the vehicle. With the introduction of automation in vehicles, the demand for self-driving vehicles has increased, which has supplemented the growth of robotaxi across the globe. Also, autonomous vehicles have gained popularity among customers which has made companies to develop vehicles that do not require a human to drive the vehicle. With the introduction of automation in vehicles, the need for a human driver has been reduced thereby reducing the chances of accidents caused due to human errors.

MARKET DYNAMICS

Robotaxis to reduce overall operating costs and increase profit margins for ride-sharing companies and need for enhanced road safety and traffic control are driving the growth of the robotaxi market. However, the high R&D expenditure and complexity in the adoption of robotaxis may restrain the growth of the robotaxi market. Furthermore, robotic assistance in the delivery of goods offer new opportunities for market growth is anticipated to create market opportunities for the robotaxi market during the forecast period.

MARKET SCOPE

The "Global Robotaxi Market Analysis To 2031" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The robotaxi market report aims to provide an overview of the robotaxi market with detailed market segmentation by , and geography. The global robotaxi market vehicle type, application type, propulsion type, component expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading robotaxi market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global robotaxi market is segmented on the basis of vehicle type, application type, propulsion type, and component. Based on vehicle type, the robotaxi market is segmented into: car and van. On the basis of application type, the robotaxi market is segmented into: goods transportation and passenger transportation. Similarly, based on propulsion type, the robotaxi market is segmented into: electric and fuel cell. Further, on the basis of component, the robotaxi market is segmented into: camera, lidar, radar, and ultrasonic sensors.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global robotaxi market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The robotaxi market by each region is later sub-segmented by respective countries and segments. The robotaxi market report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the robotaxi market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis highlighting factors affecting the robotaxi market in these regions.

MARKET PLAYERS

The reports cover key developments in the robotaxi market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from robotaxi market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the robotaxi market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the robotaxi market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

• Argo AI
• AutoX, Inc.
• Baidu
• Cruise LLC
• Didi Chuxing Technology Co.
• EasyMile
• Nissan
• Pony.ai
• Tesla, Inc.
• ZF Friedrichshafen AG

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Robotaxi Report Scope