About Robo-Taxi
Robo-Taxi is a self-driving taxi or a driverless taxi, an autonomous car operated on-demand mobility service. It is the next-step evolution of public transport. Which is more convenient, safer and more affordable than keeping a car. As in future driverless taxis are expected to take over the ride-hailing industry. In this cost, labour is effectively less and does not need to depend on a human to operate.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
In Feb 2019, ZF Revealed That They Will Introducing An Autonomous Robo-Taxi In Future, Which Don’t Need A Human To Drive. As Whole Automotive Industry Is Going Through A Transitional Phase And They Are Set To Be Electric And Autonomous. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Robo-Taxi market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Waymo LLC (United States), Tesla (United States), Aptiv (Ireland), GM Cruise (United States), Ridecell Inc. (United States), Uber Technologies Inc. (United States), NAVYA (France), EasyMile (France), Didi Chuxing Technology Co. (China) and Vision - ZF Online Magazine (Germany) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Robo-Taxi market by , Application (Goods and Passenger) and Region.
On the basis of geography, the market of Robo-Taxi has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Services, the sub-segment i.e. Rental will boost the Robo-Taxi market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Vehicle Type, the sub-segment i.e. Car will boost the Robo-Taxi market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Propulsion , the sub-segment i.e. Electric will boost the Robo-Taxi market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Use of Mobility-As-A-Services
Market Growth Drivers:
Rising Concern over Road Safety, Increasing Demand for Ride-Hailing Services and Increasing Developments and Investment by Companies
Challenges:
The Robotic Cars Cannot Operate On High Level of Safety in All Weather Conditions
Restraints:
Cyber Security Effects on Robot Cars, Hackers Effect on the Vehicles Software This Can Hamper the Market Growth and Self-Driving Car Eliminate Many Jobs in Transportation Sector, This Could Have Negative Impact on the Unemployment Rate and the Economy
Opportunities:
Strong Market Potential Due To Less Accidents, Robotic Cars Have Faster Reaction Compare to Human Drivers
In Apr 2019, Tesla CEO Elon Musk Revealed That the Electric-Car Maker’s Vehicles Will Ready To Take Part in Autonomous Taxi Service By 2020. and In Sept 2018, Volvo Presented A Robo-Taxi To Meet Ambitious Target For Driverless Vehicle Sales With Its Uber Supply Deal On Hold.
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.