The Global Robo-Taxi Market is projected to grow at a CAGR 47.89% rate during the forecast period. The rising concerns over road safety, emissions, and the increasing demand for ride-hailing services have led to the growth of the market. Autonomous vehicles also help in optimizing cost to the fleet operator. Newer business models like mobility as a service would provide another sustainable and profitable revenue stream in the future.

Car segment is estimated to account for the largest and the fastest market during the forecast period. Autonomous vehicle manufacturers and operators are investing heavily for the deployment and testing of self-driving vehicles. At present, developments and testing are seen in vans, shuttles, and cars. But as per the industry experts, due to the rise in ride-sharing services, the autonomous car market will dominate the overall market.

Electric propulsion is estimated to account for the largest market size during the forecast period. Rising emission concerns has led to the demand for fuel efficient vehicles. Robo-taxis would not just offer robotic assistance but usher in an era of fuel efficiency and carbon-free emissions. The collaboration between Volvo and Uber is expected to introduce self-driving cars in the mid-size luxury segment by 2021 50% of which would be fully-electric cars.

Europe is expected to witness significant growth during the forecast period. The European region is estimated to be dominated by countries such as Germany, France, Norway, and the Netherlands. Technological advancements and developed & supportive infrastructure have helped the fleet operators to test and deploy easily in this region. As per the European Commission, there are about 180 automobile facilities across the EU and the sector is the largest investor in R&D. EVs are expected to become the rational choice for buyers in Europe as their prices are falling due to cheaper economical batteries and increasing EV ranges. The charging infrastructure in Europe is also expected to become more widespread due to government support. Europe is in the initial phase of electric mobility. This will boost the overall demand for self-driving taxis in the region. Moreover, manufacturers such as NAVYA, Aptiv, EasyMile, Moia, and Daimler have their presence in the region.

Key Market Players include Waymo LLC (US), Aptiv (Ireland), GM Cruise (US), Ridecell, Inc (US), Uber Technologies Inc. (US), NAVYA (France), and EasyMile (France).

Key Questions:

  • Where will robo-taxis take the industry in the long term?
  • How will the robo-taxi market cope with the challenge of the high cost of implementation?
  • What is the impact of ride sharing services on the robo-taxi market?
  • What are the upcoming trends in the ride-sharing services? What impact would they make post 2022?
  • What are the key strategies adopted by the top players to increase their revenue?

  1. Introduction
  2. Market Definition
  3. Study Scope
  4. Study Period
  5. Market Stakeholders
  6. Research Methodology
  7. Secondary Research
  8. Primary Research
  9. Research Design
  10. Data Validation
  11. Limitations and Assumptions
  12. Market Dynamics
  13. Drivers
  14. Race to Deploy Autonomous Vehicles
  15. Demand for Fuel-Efficient and Emission-Free Vehicles
  16. Need for Better Road Safety and Traffic Control
  17. Challenges
  18. Navigation in Crowded Spaces
  19. Gaining Public and Individual Trust
  20. Opportunities
  21. Government Initiatives to Drive the Market
  22. Robotic Assistance
  23. Rapid Urbanization to Develop Better Infrastructure in Developing Nations
  24. Executive Summary
  25. Robo-Taxi Market, By Component
  26. Camera
  27. Lidar
  28. Radar
  29. Ultrasonic Sensors
  30. Robo-Taxi Market, By Application
  31. Goods Transportation
  32. Passenger Transportation
  33. Robo-Taxi Market, By Service Type
  34. Car Rental
  35. Station-Based
  36. Robo-Taxi Market, By Level of Autonomy (LOA)
  37. Level 4
  38. Level 5
  39. Robo-Taxi Market, By Propulsion
  40. Electric
  41. Fuel Cell
  42. Hybrid
  43. Robo-Taxi Market, By Vehicle
  44. Car
  45. Van/Shuttle
  46. Robo-Taxi Market, By Region
  47. Asia Pacific
  48. China
  49. India
  50. Japan
  51. South Korea
  52. Singapore
  53. Europe
  54. France
  55. Germany
  56. Norway
  57. Spain
  58. Sweden
  59. Netherlands
  60. UK
  61. North America
  62. US
  63. Mexico
  64. Canada
  65. Rest of the World
  66. Russia
  67. UAE
  68. Company Profiles
  69. Waymo (Google)
  70. Cruise Automation (General Motors)
  71. Tesla
  72. Easy Ride (Nissan & Dena)
  73. Lyft
  74. Uber
  75. Daimler AG
  76. Ford (Argo.Ai)
  77. Nutonomy (Aptiv)
  78. NAVYA
  79. Volkswagen
  80. Volvo

*Company introduction, financial information, recent developments, SWOT analysis

  1. Conclusion and Recommendations
  2. Appendix
  3. About
  4. Related Reports
  5. Glossary

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