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Robotaxi Market

Published Apr 01, 2024
Length 168 Pages
SKU # PRMI20496000

Description

Robotaxi Market Size, Share, By Component (LiDAR, RADAR, Camera, Sensor and Others), Vehicle Type (Cars, and Vans/Shuttles), Propulsion Type (Electric Vehicle, Hybrid Electric Vehicle, and Fuel Cell Vehicle), Operation Model (On-Demand Services, Subscription Models and Others), Application (Passenger Transportation and Goods Transportation) and Region - Trends, Analysis, and Forecast till 2035

The Robotaxi Market Report offers an in-depth exploration of emerging market trends, driving factors, challenges, and key segments that shape the industry. It includes a thorough examination of regulatory frameworks, company profiles, and the latest industry developments. The report delves into product development, positioning strategies, and the impact of new technologies on the market landscape. By identifying challenges and opportunities, the report provides a detailed roadmap for market growth.

Robotaxi is a concept for self-driving taxis that operate without any human involvement, all through ride-sharing services. This shared autonomous mobility relies on a mix of technologies like LiDAR, RADAR, high-density sensors, and a variety of software algorithms to work seamlessly.

Technological advancement and progress in autonomous driving technology, a surge of investments from big automotive and tech players, and government policies that are encouraging smart mobility solutions on global scale.

Report Highlights:

Robotaxi market size is accounted for USD 35.2 Billion in 2025.

Target market size is estimated to be valuated at USD 53.2 Billion by 2035 and at a registered CAGR of 4.6%.

LiDAR is the dominant technology in component robotaxis market share.

Cars in vehicle type take the lead in the robotaxi market size.

Electric vehicles (EVs) are currently the dominant segment in propulsion type in robotaxis market share.

Asia-Pacific region is the dominant region regarding robotaxi market growth.

Key Highlights:
  • In April 2022, the China granted its first permit to Baidu and a rival autonomous car company, Pony.ai, to provide driverless ride-hailing services to the public in Beijing. The permit provided Baidu and Pony.ai to offer driverless rides without a safety driver behind the wheel to take over in case of emergency.
  • In September 2021, as Motional, a Hyundai-Aptiv joint venture, introduced its first robotaxi, which will be available on Lyft’s app. The company’s battery-electric IONIQ5 driverless taxi is based on the same vehicle that launched in early 2021. The new taxi is a Level 4 autonomous vehicle. Therefore, it can safely operate without a driver.
Report Analysis:

Potential S-Curve Adoption:

Several industry reports published at the end of the 2010s concluded a consensus on the potential of robotaxis and predicted disruptive growth figures by 2030. However, more recently, these aggressive growth predictions have been dramatically revised downward. This shift is likely due to changing perceptions regarding the maturity of autonomous driving (AD) technology and its limited short-term viability in complex, mixed environments involving pedestrians, human drivers, and varying traffic conditions.

Segmentation:

By Component:
  • LiDAR
  • RADAR
  • Camera
  • Sensor
  • Others
By Vehicle Type:
  • Cars
  • Vans/Shuttles
By Propulsion Type:
  • Electric Vehicle
  • Hybrid Electric Vehicle
  • Fuel Cell Vehicle
By Operation Model:
  • On-Demand Services
  • Subscription Models
  • Others
By Operation Model:
  • Passenger Transportation
  • Goods Transportation
By Region:
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • U.K.
  • France
  • Russia
  • Italy
  • Spain
  • Netherlands
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • Indonesia
  • Malaysia
  • South Korea
  • Rest of Asia Pacific
  • Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
  • Middle East & Africa
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East & Africa
Robotaxi Market Companies:

Navya

Tesla Inc.

Aptiv

AutoX, Inc.

Waymo LLC

EasyMile

General Motors

HOLON GmbH

Zoox, Inc

Beijing Xiaoju Technology Co, Ltd.

Pony.ai

Mozee inc

Nuro, Inc.

May Mobility

Yutong Bus Co., Ltd.

What You’ll Gain from This Report:
  • Regional & Country-Specific Insights: Unlock detailed market share analysis across key regions and countries, empowering you to pinpoint growth opportunities and optimize your strategic positioning.
  • Guidance for Market Entry: Expert-backed strategies to overcome entry barriers, establish a foothold, and accelerate expansion in new or competitive markets.
  • Reliable Long-Term Forecasts: Data-driven projections from 2025 to 2035, including pivotal milestones for 2025, 2026, and 2030, ensuring confident, future-proof investments.
  • In-Depth Market Trend Analysis: Explore the forces shaping the industry—drivers, challenges, emerging opportunities, and risks—along with insights into high-growth sectors and potential obstacles.
  • Proven Business Strategies: Actionable, data-backed recommendations tailored to key market segments, helping you maximize profitability and outperform competitors.
  • Competitive Intelligence: Stay ahead with a clear view of industry trends, competitor strategies, and untapped market potential to refine your approach.
  • Exclusive Company Profiles: In-depth analysis of top market players, including business models, financial performance, strategic initiatives, and recent developments.
  • Innovative Supply Chain Trends: Discover the latest technological advancements transforming supply chains—boosting efficiency, cutting costs, and driving innovation.
This report provides the strategic intelligence you need to navigate a dynamic market landscape and make decisions that propel long-term success.

FAQs:

Key Questions Answered in the Report.

1. What was the Robotaxi Market size in 2025?

2. What is projected growth rate of the Robotaxi Market during 2025-2035?

3. What are the key factors driving the Robotaxi Market growth?

4. What are leading players in the Robotaxi Market ?

5. What are the key regions analyzed in the Robotaxi Market ?

6. Which region is dominating in the Robotaxi Market ?

Table of Contents

168 Pages
Robo Taxi Table of Contents
Research Objective and Assumption
Research Objectives
Assumptions
Abbreviations
Market Preview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Component
Market Snippet, By Vehicle Type
Market Snippet, By Propulsion Type
Market Snippet, By Operation Model
Market Snippet, By Application
Market Snippet, By Region
Opportunity Map Analysis
Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Market Trends
Product Launch
Merger and Acquisitions
Impact Analysis
PEST Analysis
Pricing Analysis
Profitability of Robotaxi Services
Key determinants for mass-market adoption
Challenging Mobility Cases in Cities
Market Segmentation, By Component, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
LiDAR
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
RADAR
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Camera
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Sensor
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Others
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Vehicle Type, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Cars
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Vans/Shuttles
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Propulsion Type, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Electric Vehicle
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Hybrid Electric Vehicle
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Fuel Cell Vehicle
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Operation Model, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
On-Demand Services
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Subscription Models
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Others
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Application, Forecast Period up to 10 Years, (USD Bn)
Passenger Transportation
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Goods Transportation
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Region, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Regional Trends
North America
Market Size and Forecast (USD Bn), By Component, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Vehicle Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Propulsion Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Operation Model, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
U.S.
Canada
Asia Pacific
Market Size and Forecast (USD Bn), By Component, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Vehicle Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Propulsion Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Operation Model, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
China
India
Japan
Australia
Indonesia
Malaysia
South Korea
Rest of Asia Pacific
Europe
Market Size and Forecast (USD Bn), By Component, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Vehicle Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Propulsion Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Operation Model, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
Germany
U.K.
France
Russia
Italy
Spain
Netherlands
Rest of Europe
Latin America
Market Size and Forecast (USD Bn), By Component, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Vehicle Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Propulsion Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Operation Model, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
Brazil
Mexico
Argentina
Rest of Latin America
Middle East and Africa
Market Size and Forecast (USD Bn), By Component, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Vehicle Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Propulsion Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Operation Model, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
GCC
Israel
South Africa
Rest of Middle East & Africa
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