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Global Robotaxi Market Analysis & Trends - Industry Forecast to 2030

Publisher Accuray Research LLP
Published Jul 07, 2024
Length 200 Pages
SKU # AGLP19014060

Description

Global Robotaxi Market Analysis & Trends - Industry Forecast to 2030


Robotaxi: Market Size

From $11,797.76 million in 2024, the global Robotaxi market is projected to reach $203,946.12 million by 2030. Based on our analysis the market is expected to grow at a CAGR of 60.8% from 2024 - 2030 timeframe. Some of the prominent trends that the market is witnessing include, high investments in LiDAR startups by automotive giants, rapid urbanization requiring the development of infrastructure in emerging countries and increasing robotic assistance in the delivery of goods.

Global Robotaxi Market: Market Dynamics

The growth of the global robotaxi market is caused by several benefits, such as reduce traffic congestion, lower CO2 emission, easier parking, and reduced rate of accidents. The highly automated technology of robo taxis will be cooperative in reducing traffic congestion, as these autonomous taxis are equipped with connected car technology. The factors driving the market growth are need for enhanced road safety and traffic control, rising demand for ride-hailing services, high R&D investments, and government focus on reducing emissions.

On the other hand, the cybersecurity threats and high R&D cost for implementation is likely to obstruct the profit boundaries. In addition, government regulations and development of smart cities providing numerous opportunities will further boost for the Robotaxi market.

Impact of COVID-19 on Robotaxi

The production and sales of new vehicles had come to a halt across the globe as the whole ecosystem had been disturbed in the initial outbreak of COVID 19. OEMs needed to delay until lockdowns were lifted to continue production, which affected their organizations. Hence, vehicle manufacturers needed to change the production volume. Additionally, component manufacturing was suspended, and small Tier II and Tier III manufacturers faced liquidity issues. The automotive industry is highly capital-intensive and relies on frequent financing to continue operations. Thus, the production suspension during the initial months of the outbreak and lower demand had an unprecedented impact on EV manufacturers in the initial months of the pandemic. However, the majority of the automakers resumed vehicle production with limited production and necessary measures.

By Vehicle Type

Car Segment Dominate the Market in 2024

The car segment made huge revenue in 2024 and growing its prominence during the forecast period as autonomous vehicle manufacturers and operators are investing heavily in the deployment and testing of self-driving vehicles. . The highly automated technology of robo taxis will be cooperative in reducing traffic congestion, as these autonomous taxis are equipped with connected car technology.

By Geography

Europe Region is Leading in the Global Market Place

Europe is likely to have a huge demand in the forecast period owing to technological advancements and developed & supportive infrastructure helping the fleet operators to test and deploy easily, growing technological trends for autonomous vehicles and increasing demand for self-driving taxis in the region.

List of the Key Players Profiled in the Market Include:

• Waymo
• Uber Technologies Inc.
• Tesla
• NAVYA Ridecell Inc.
• Lyft Inc.
• Ford Motor Company
• EasyMile
• Daimler AG
• Cruise Automation
• Baidu
• AutoX

List of the Regions/Countries Profiled in the Market Include:

North America
• US
• Canada
• Mexico
Europe
• Germany
• U.K
• Italy
• France
• Spain
• Rest of Europe
Asia Pacific
• China
• Japan
• India
• Australia
• New Zealand
• Rest of Asia Pacific
Middle East
• Saudi Arabia
• UAE
• Rest of Middle East
Latin America
• Argentina
• Brazil
• Rest of Latin America
Rest of the World (RoW)
• South Africa
• Others

Table of Contents

200 Pages
1 Market Outline
1.1 Definition
1.2 Market Segmentation & Scope
1.3 Market Trends
1.4 Regulatory Factors
1.5 End User Analysis
1.6 Strategic Benchmarking
1.7 Opportunity Analysis
2 Executive Summary
3 Research Methodology and Data Source
3.1 Methodology/Research Approach
3.1.1 Research Programs/Design
3.1.2 Market Size Estimation
3.2 Data Source and Assumptions
3.2.1 Purchased Database
3.2.2 Company Repository
3.2.3 Secondary Sources
3.2.4 Primary Research
3.2.5 List of Assumptions
4 Market Overview
4.1 Current Trends
4.1.1 Technological Advancements in Defense Operations
4.1.2 Increasing Demand for Autonomy in Weapon Systems
4.1.3 Ongoing Military Modernization Programs Worldwide
4.1.4 Growth Opportunities/Investment Opportunities
4.2 Drivers
4.3 Constraints
4.4 Impact of COVID-19
5 Market Factor Analysis
5.1 Porters Five Forces
5.1.1 Bargaining power of suppliers
5.1.2 Bargaining power of buyers
5.1.3 Threat of substitutes
5.1.4 Threat of new entrants
5.1.5 Competitive rivalry
5.2 Value Chain Analysis/Supply Chain Analysis
6 Consumer behaviour analysis/Consumer Research
6.1 Consumer trends and preferences
6.2 Factors affecting buying decision
6.3 Consumer product adoption
6.4 Observation & Recommendations
7 Target Acquisition Systems Market, By Sub System
7.1 Scopes & Sights
DATA TABLE Scopes & Sights Market Forecast to 2030 (US$ MN)
7.2 Modules
DATA TABLE Modules Market Forecast to 2030 (US$ MN)
7.3 Detecting & Locating Systems
DATA TABLE Detecting & Locating Systems Market Forecast to 2030 (US$ MN)
7.4 Cameras
DATA TABLE Cameras Market Forecast to 2030 (US$ MN)
7.5 Add-On Systems
DATA TABLE Add-On Systems Market Forecast to 2030 (US$ MN)
8 Target Acquisition Systems Market, By Platform
8.1 Land
DATA TABLE Land Market Forecast to 2030 (US$ MN)
8.1.1 Surveillance Towers
DATA TABLE Surveillance Towers Market Forecast to 2030 (US$ MN)
8.1.2 Man-Portable Systems
DATA TABLE Man-Portable Systems Market Forecast to 2030 (US$ MN)
8.1.3 Infantry Soldiers
DATA TABLE Infantry Soldiers Market Forecast to 2030 (US$ MN)
8.1.4 Armored Vehicles
DATA TABLE Armored Vehicles Market Forecast to 2030 (US$ MN)
8.2 Airborne
DATA TABLE Airborne Market Forecast to 2030 (US$ MN)
8.2.1 Aerostats/Balloons
DATA TABLE Aerostats/Balloons Market Forecast to 2030 (US$ MN)
8.2.2 Combat Aircraft
DATA TABLE Combat Aircraft Market Forecast to 2030 (US$ MN)
8.2.3 Unmanned Aerial Vehicles (UAV)
DATA TABLE Unmanned Aerial Vehicles (UAV) Market Forecast to 2030 (US$ MN)
8.3 Naval
DATA TABLE Naval Market Forecast to 2030 (US$ MN)
8.3.1 Unmanned Surface Vehicles (USV)
DATA TABLE Unmanned Surface Vehicles (USV) Market Forecast to 2030 (US$ MN)
8.3.2 Submarines
DATA TABLE Submarines Market Forecast to 2030 (US$ MN)
8.3.3 Combat Ships
DATA TABLE Combat Ships Market Forecast to 2030 (US$ MN)
9 Target Acquisition Systems Market, By Range
9.1 Short Range (0–8 km)
DATA TABLE Short Range (0–8 km) Market Forecast to 2030 (US$ MN)
9.2 Medium Range (8–250 km)
DATA TABLE Medium Range (8–250 km) Market Forecast to 2030 (US$ MN)
9.3 Long Range (Above 250 km)
DATA TABLE Long Range (Above 250 km) Market Forecast to 2030 (US$ MN)
10 Target Acquisition Systems Market, By End User
10.1 Military
DATA TABLE Military Market Forecast to 2030 (US$ MN)
10.1.1 Weapon Targeting
DATA TABLE Weapon Targeting Market Forecast to 2030 (US$ MN)
10.1.2 Intelligence, Surveillance & Reconnaissance (ISR)
DATA TABLE Intelligence, Surveillance & Reconnaissance (ISR) Market Forecast to 2030 (US$ MN)
10.2 Homeland Security
DATA TABLE Homeland Security Market Forecast to 2030 (US$ MN)
10.2.1 Search & Rescue
DATA TABLE Search & Rescue Market Forecast to 2030 (US$ MN)
10.2.2 Critical Infrastructure
DATA TABLE Critical Infrastructure Market Forecast to 2030 (US$ MN)
10.2.3 Coastal & Maritime Surveillance
DATA TABLE Coastal & Maritime Surveillance Market Forecast to 2030 (US$ MN)
10.2.4 Border Security
DATA TABLE Border Security Market Forecast to 2030 (US$ MN)
11 Target Acquisition Systems Market, By Geography
11.1 North America
DATA TABLE North America Market Forecast by Countries to 2030 (US$ MN)
11.1.1 US
11.1.2 Canada
11.1.3 Mexico
11.2 Europe
DATA TABLE Europe Market Forecast by Countries to 2030 (US$ MN)
11.2.1 Germany
11.2.2 U.K
11.2.3 Italy
11.2.4 France
11.2.5 Spain
11.2.6 Rest of Europe
11.3 Asia Pacific
DATA TABLE Asia Pacific Market Forecast by Countries to 2030 (US$ MN)
11.3.1 China
11.3.2 Japan
11.3.3 India
11.3.4 Australia
11.3.5 New Zealand
11.3.6 Rest of Asia Pacific
11.4 Middle East
DATA TABLE Middle East Market Forecast by Countries to 2030 (US$ MN)
11.4.1 Saudi Arabia
11.4.2 UAE
11.4.3 Rest of Middle East
11.5 Latin America
DATA TABLE Latin America Market Forecast by Countries to 2030 (US$ MN)
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Rest of Latin America
11.6 Rest of the World (RoW)
DATA TABLE Rest of the World (RoW) Market Forecast by Countries to 2030 (US$ MN)
11.6.1 South Africa
11.6.2 Others
12 Key Player Activities
12.1 Acquisitions & Mergers
12.2 Agreements, Partnerships, Collaborations and Joint Ventures
12.3 Product Launch & Expansions
12.4 Other Activities
13 Leading Companies
13.1 Wuhan Joho Technology Co. Ltd.
13.2 Thales
13.3 Safran
13.4 Rheinmetall AG
13.5 Israel Aerospace Industries
13.6 Lockheed Martin Corporation
13.7 Kearfott Corporation
13.8 Hensoldt
13.9 Leonardo
13.10 Iacit
13.11 Elbit Systems
13.12 BAE Systems
13.13 Aselsan A.S.
13.14 Raytheon Company
List of Tables
Table 1 Global Target Acquisition Systems Market By Region, Market Forecast (2022-2030) (US $MN)
Table 2 Global Target Acquisition Systems Market By Sub System, Market Forecast (2022-2030) (US $MN)
Table 3 Global Target Acquisition Systems Market By Scopes & Sights, Market Forecast (2022-2030) (US $MN)
Table 4 Global Target Acquisition Systems Market By Modules, Market Forecast (2022-2030) (US $MN)
Table 5 Global Target Acquisition Systems Market By Detecting & Locating Systems, Market Forecast (2022-2030) (US $MN)
Table 6 Global Target Acquisition Systems Market By Cameras, Market Forecast (2022-2030) (US $MN)
Table 7 Global Target Acquisition Systems Market By Add-On Systems, Market Forecast (2022-2030) (US $MN)
Table 8 Global Target Acquisition Systems Market By Platform, Market Forecast (2022-2030) (US $MN)
Table 9 Global Target Acquisition Systems Market By Land, Market Forecast (2022-2030) (US $MN)
Table 10 Global Target Acquisition Systems Market By Surveillance Towers, Market Forecast (2022-2030) (US $MN)
Table 11 Global Target Acquisition Systems Market By Man-Portable Systems, Market Forecast (2022-2030) (US $MN)
Table 12 Global Target Acquisition Systems Market By Infantry Soldiers, Market Forecast (2022-2030) (US $MN)
Table 13 Global Target Acquisition Systems Market By Armored Vehicles, Market Forecast (2022-2030) (US $MN)
Table 14 Global Target Acquisition Systems Market By Airborne, Market Forecast (2022-2030) (US $MN)
Table 15 Global Target Acquisition Systems Market By Aerostats/Balloons, Market Forecast (2022-2030) (US $MN)
Table 16 Global Target Acquisition Systems Market By Combat Aircraft, Market Forecast (2022-2030) (US $MN)
Table 17 Global Target Acquisition Systems Market By Unmanned Aerial Vehicles (UAV), Market Forecast (2022-2030) (US $MN)
Table 18 Global Target Acquisition Systems Market By Naval, Market Forecast (2022-2030) (US $MN)
Table 19 Global Target Acquisition Systems Market By Unmanned Surface Vehicles (USV), Market Forecast (2022-2030) (US $MN)
Table 20 Global Target Acquisition Systems Market By Submarines, Market Forecast (2022-2030) (US $MN)
Table 21 Global Target Acquisition Systems Market By Combat Ships, Market Forecast (2022-2030) (US $MN)
Table 22 Global Target Acquisition Systems Market By Range, Market Forecast (2022-2030) (US $MN)
Table 23 Global Target Acquisition Systems Market By Short Range (0–8 km), Market Forecast (2022-2030) (US $MN)
Table 24 Global Target Acquisition Systems Market By Medium Range (8–250 km), Market Forecast (2022-2030) (US $MN)
Table 25 Global Target Acquisition Systems Market By Long Range (Above 250 km), Market Forecast (2022-2030) (US $MN)
Table 26 Global Target Acquisition Systems Market By End User, Market Forecast (2022-2030) (US $MN)
Table 27 Global Target Acquisition Systems Market By Military, Market Forecast (2022-2030) (US $MN)
Table 28 Global Target Acquisition Systems Market By Weapon Targeting, Market Forecast (2022-2030) (US $MN)
Table 29 Global Target Acquisition Systems Market By Intelligence, Surveillance & Reconnaissance (ISR), Market Forecast (2022-2030) (US $MN)
Table 30 Global Target Acquisition Systems Market By Homeland Security, Market Forecast (2022-2030) (US $MN)
Table 31 Global Target Acquisition Systems Market By Search & Rescue, Market Forecast (2022-2030) (US $MN)
Table 32 Global Target Acquisition Systems Market By Critical Infrastructure, Market Forecast (2022-2030) (US $MN)
Table 33 Global Target Acquisition Systems Market By Coastal & Maritime Surveillance, Market Forecast (2022-2030) (US $MN)
Table 34 Global Target Acquisition Systems Market By Border Security, Market Forecast (2022-2030) (US $MN)
NOTE: Tables for North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the World are represented in the same manner above.

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