Robo-Taxi Market by Application (Goods and Passenger), Level of Autonomy (L4 and L5), Vehicle (Car and Shuttle/Van), Service (Rental and Station Based), Propulsion (Electric, Hybrid, and Fuel Cell), Component, and Region - Global Forecast to 2030

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Date: 25-Apr-2019
No. of pages: 135
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“The rising demand for ride-hailing services and technological advancements in the automotive industry are significant factors for the robo-taxi market, globally.”

The robo-taxi market is projected to grow from 2,024 units in 2020 to reach 3,830,912 units by 2030, at a CAGR of 112.67%. High demand for shared mobility, technological development in the automotive industry, growing demand for fuel efficient public transport, and developed infrastructure are expected to boost the market. However, changes in technology require high innovation cost for self-driving taxis and smooth navigation in crowded places could create a hurdle for the growth.

“Increased emphasis on road safety, autonomous technology adoption, and fuel-efficient vehicles are likely to propel the growth of the market during the forecast period.”

People are comfortable in sharing rides, creating a good opportunity for companies such as Uber and Lyft to find a new sustainable source of revenue. Wide implementation of IoT devices and their collected data gives more control to fleet managers in optimizing operations. Better autonomous driving solutions such as level 4 and level 5 would reduce road accidents and more passengers would opt for autonomous vehicles as safety is tightened. Moreover, governments in developing countries would be willing to adopt emission-free solutions to reduce pollution. In this scenario, self-driving vehicles are fit to be a viable option as they are electric vehicles. It also reduces the number of personal vehicles on the roads, thus drastically reducing congestion and pollution.

“Asia Pacific is expected to register the fastest growth during the forecast period.”

Majority of OEMs are planning to launch self-driving taxis by 2020. Simultaneously, the government in the Asia Pacific region is ready to revamp urban roads and traffic infrastructure. With rapid urbanization and endeavor to implement smart cities, governments are spending a lot to develop smart roads, smart traffic signal systems, better wireless connections, road sensors, and road signs. The autonomous vehicles heavily rely upon LiDAR and ultrasonic sensor data for navigation. Improved infrastructure is a must to deploy full-scale autonomous taxis for public usage. Moreover, China, Japan, South Korea,and Singapore in the region are highly focusing on the development, testing, and deployment of autonomous vehicles. Japan is all set to deploy autonomous fleet in and by 2020 to cater to the high demand for 2020 Tokyo Olympics.

“North America is expected to have the second largest market during the forecast period.”

North America accounted for 36.31% of the global market in 2020. It is a major hub for several renowned OEMs including Waymo LLC, GM Cruise, Lyft, Uber Technologies Inc., Ridecell, and others. The US market is the largest in the region. The country would alone hold a major share in the global market after China by 2030. The country has sufficient technology and infrastructure for the testing of self-driving taxis. For instance, Waymo has already launched its autonomous vehicle service in December 2018. Passengers can hail a self-driving cab from a dedicated application. Cruise Automation, a subsidiary of General Motors is working for autonomous taxis in the US. As per industry experts, the US would be the first country to deploy robo-taxis for public transportation on a large scale.

In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in the robo-taxi market.


  • By Company Type: Tier I - 53%, Tier II - 42%,and Tier III - 5%,

  • By Designation: C Level - 51%, D Level - 42%,and Others - 7%

  • By Region: North America - 41%, Europe - 47%, Asia Pacific - 10%, and Rest of the World- 2%


The robo-taxi market comprises major manufacturers likeWaymo LLC (US), Aptiv (Ireland), GM Cruise (US), Ridecell, Inc (US), Uber Technologies Inc. (US), NAVYA (France), andEasyMile (France).

Research Coverage:

The study covers the robo-taxi market across various segments. It aims at estimating the market size and future growth potential of this market across different segments such as vehicle type, propulsion type, automation level, type of application, service type, and region. The study also includes an in-depth competitive analysis of key players in the market along with their company profiles, key observations related to product and business offerings, recent developments, and acquisitions.

Key Benefits of Buying the Report:

The report will help leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall robo-taxi market. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

Robo-Taxi Market by Application (Goods and Passenger), Level of Autonomy (L4 and L5), Vehicle (Car and Shuttle/Van), Service (Rental and Station Based), Propulsion (Electric, Hybrid, and Fuel Cell), Component, and Region - Global Forecast to 2030

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.2 Secondary Data
2.2.1 Key Secondary Sources
2.2.2 Key Data From Secondary Sources
2.3 Primary Data
2.3.1 Sampling Techniques & Data Collection Methods
2.3.2 Primary Participants
2.3.3 Key Data From Primary Sources
2.4 Market Size Estimation
2.4.1 Bottom-Up Approach
2.5 Market Breakdown and Data Triangulation
2.6 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Robo-Taxi Market to Grow at A Significant Rate During the Forecast Period (2020–2030)
4.2 North America to Lead the Global Robo-Taxi Market
4.3 Global Robo-Taxi Market, By Vehicle Type and Application
4.4 Robo-Taxi Market, By Vehicle Type
4.5 Robo-Taxi Market, By Service Type
4.6 Robo-Taxi Market, By Application
4.7 Robo-Taxi Market, By Level of Autonomy
4.8 Robo-Taxi Market, By Propulsion

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Race to Deploy Autonomous Vehicles
5.2.1.2 Demand for Fuel-Efficient and Emission-Free Vehicles
5.2.1.3 Need for Better Road Safety and Traffic Control
5.2.2 Restraints
5.2.2.1 Machines Jeopardizing Human Jobs Likely to Reduce Wide Acceptance
5.2.2.2 High R&D Cost for Implementation
5.2.2.3 Cybersecurity Threats
5.2.3 Opportunities
5.2.3.1 Government Initiatives to Drive the Market
5.2.3.2 Robotic Assistance
5.2.3.3 Rapid Urbanization to Develop Better Infrastructure in Developing Nations
5.2.4 Challenges
5.2.4.1 Navigation in Crowded Spaces
5.2.4.2 Gaining Public and Individual Trust
5.2.5 Impact of Market Dynamics

6 Robo-Taxi Market, Future Trends & Scenario (2018–2030)
6.1 Introduction
6.2 Robo-Taxi Market – Most Likely Scenario
6.3 Robo-Taxi Market – Optimistic Scenario
6.4 Robo-Taxi Market – Pessimistic Scenario

7 Industry Trends
7.1 Technological Overview
7.1.1 Iot and 5g in Robo-Taxi Market
7.1.2 Artificial Intelligence and Machine Learning in Robo-Taxi Market
7.1.3 Cybersecurity and Data Privacy
7.2 Regulatory Overview
7.3 Macroindicator Analysis
7.3.1 Growth of Robo-Taxi Market
7.3.2 Gdp (USD Billion)
7.3.3 Gni Per Capita, Atlas Method (USD)
7.3.4 Gdp Per Capita Ppp (USD)
7.3.5 Macroindicators Influencing the Robo-Taxi Market, Top 3 Countries
7.3.5.1 Germany
7.3.5.2 US
7.3.5.3 China

8 Robo-Taxi Market, By Component
8.1 Introduction
8.2 Camera
8.3 Lidar
8.4 Radar
8.5 Ultrasonic Sensors

9 Robo-Taxi Market, By Application
9.1 Introduction
9.2 Goods Transportation
9.2.1 Rising Ecommerce Services and Utilization of Transport Capacity Will Drive the Goods Segment
9.3 Passenger Transportation
9.3.1 Growth in Urbanization Will Boost the Passenger Segment

10 Robo-Taxi Market, By Service Type
10.1 Introduction
10.2 Car Rental
10.2.1 Concerns Over Traffic Congestion are Driving the Car Rental Market
10.3 Station-Based
10.3.1 Focus on Public Safety Will Boost the Sation-Based Robo-Taxi Market

11 Robo-Taxi Market, By Level of Autonomy (LOA)
11.1 Introduction
11.2 Level 4
11.2.1 Lack of Development in Level 5 Would Help the Level 4 Market to Expand Rapidly
11.3 Level 5
11.3.1 Future Technical Advancements Would Drive the Level 5 Market

12 Robo-Taxi Market, By Propulsion
12.1 Introduction
12.2 Electric
12.2.1 High Focus on Electric Robo-Taxis Will Boost the Overall Demand
12.3 Fuel Cell
12.3.1 Focus on Curbing Emissions Will Boost the Fuel Cell Robo-Taxi Market
12.4 Hybrid
12.4.1 Developments By Waymo and Other Player Will Drive the Hybrid Robo-Taxi Market

13 Robo-Taxi Market, By Vehicle
13.1 Introduction
13.2 Car
13.2.1 Developments in Ride-Sharing Market to Increase the Demand for Robo-Taxis
13.3 Van/Shuttle
13.3.1 Rising Focus on Public Transport Will Boost the Robo-Taxi Market

14 Robo-Taxi Market, By Region
14.1 Introduction
14.2 Asia Pacific
14.2.1 China
14.2.1.1 Technological Advancements in Autonomous Driving Will Boost the Market in China
14.2.2 India
14.2.2.1 Government Policies and Infrastructure Will Impact the Market Positively
14.2.3 Japan
14.2.3.1 Development of Advanced Ev Technologies to Reduce Carbon Footprint Will Drive the Market
14.2.4 South Korea
14.2.4.1 Government Initiatives Towards Adoption of Ev to Propel the Market
14.2.5 Singapore
14.2.5.1 Government Initiatives Towards Smarter Transportation to Drive the Overall Market
14.3 Europe
14.3.1 France
14.3.1.1 High Demand for Electric Vehicles Will Drive the Market
14.3.2 Germany
14.3.2.1 Innovations From German Automakers in Autonomous Driving to Drive the Market
14.3.3 Norway
14.3.3.1 Government Initiative to 0% Emission in Public Transport to Propel the Market
14.3.4 Spain
14.3.4.1 Government Initiative for Safer Transportation is the Key Factor in the Overall Growth
14.3.5 Sweden
14.3.5.1 Increasing Focus on Av Technology is Driving the Demand
14.3.6 Netherlands
14.3.6.1 Increasing Ev Sales in the Country Will Boost the Market
14.3.7 UK
14.3.7.1 Good Ev Infrastructure to Fuel the Growth of Robo-Taxi Market
14.4 North America
14.4.1 Canada
14.4.1.1 Developments in Ev Infrastructure Will Propel the Growth
14.4.2 Mexico
14.4.2.1 Rising Awareness of Low Emission and Safe Transport Will Drive the Market
14.4.3 US
14.4.3.1 Availability of Infrastructure, Regulation, and Large-Scale Testing Will Boost the Market
14.4.4 Rest of the World (RoW)
14.4.5 Russia
14.4.5.1 Advancements in Autonomous Driving Technology May Impact the Market Positively
14.4.6 UAE
14.4.6.1 Growing Infrastructure for Ev Technology Will Impact the Market

15 Competitive Landscape
15.1 Overview
15.2 Market Ranking Analysis
15.3 Competitive Scenario
15.3.1 New Product Developments
15.3.2 Collaborations/Joint Ventures/Supply Contracts/Partnerships/Agreements
15.3.3 Expansions, 2017–2019
15.4 Competitive Leadership Mapping
15.4.1 Visionary Leaders
15.4.2 Innovators

16 Company Profiles
16.1 Waymo (Google)
16.1.1 Business Overview
16.1.2 Products and Services Offered
16.1.3 Recent Developments
16.2 Cruise Automation (General Motors)
16.2.1 Business Overview
16.2.2 Products Offered
16.2.3 Recent Developments
16.3 Tesla
16.3.1 Business Overview
16.3.2 Services Offered
16.3.3 SWOT Analysis
16.4 Easy Ride (Nissan & Dena)
16.4.1 Business Overview
16.4.2 Services Offered
16.4.3 Recent Developments
16.4.4 SWOT Analysis
16.5 Lyft
16.5.1 Business Overview
16.5.2 Services Offered
16.5.3 Recent Developments
16.6 Uber
16.6.1 Business Overview
16.6.2 Services Offered
16.6.3 Recent Developments
16.7 Daimler AG
16.7.1 Business Overview
16.7.2 Services Offered
16.7.3 Recent Developments
16.8 Ford (Argo.Ai)
16.8.1 Business Overview
16.8.2 Services Offered
16.8.3 Recent Developments
16.8.4 SWOT Analysis
16.9 Nutonomy (Aptiv)
16.9.1 Business Overview
16.9.2 Service Offered
16.9.3 Recent Developments
16.10 NAVYA
16.10.1 Business Overview
16.10.2 Products Offered
16.10.3 Recent Developments
16.11 Volkswagen
16.11.1 Business Overview
16.11.2 Services Offered
16.11.3 Recent Developments
16.11.4 SWOT Analysis
16.12 Volvo
16.12.1 Business Overview
16.12.2 Products Offered
16.12.3 Recent Developments
16.12.4 SWOT Analysis
16.13 Other Key Players
16.13.1 Asia Pacific
16.13.1.1 Didi Chuxing
16.13.1.2 Weride
16.13.2 Europe
16.13.2.1 Easymile
16.13.2.2 Transdev
16.13.2.3 ZF
16.13.3 North America
16.13.3.1 Auro Ridecell
16.13.3.2 Drive.AI
16.13.3.3 Local Motors
16.13.3.4 May Mobility
16.13.3.5 Optimus Ride
16.13.3.6 Pony.AI
16.13.3.7 Voyage
16.13.3.8 Zoox

17 Appendix
17.1 Discussion Guide – Robo-Taxi Market
17.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
17.3 Available Customizations
17.4 Related Reports
17.5 Author Details

List of Tables

Table 1 Currency Exchange Rates (Per 1 USD)
Table 2 Robo-Taxi Market (Most Likely), By Region, 2018–2030 (Units)
Table 3 Robo-Taxi Market (Optimistic Scenario), By Region, 2018–2030 (Units)
Table 4 Robo-Taxi Market (Pessimistic), By Region, 2018–2030 (Units)
Table 5 Robo-Taxi Market, By Application, 2018–2030 (Units)
Table 6 Goods Transportation: Robo-Taxi Market, By Region, 2018–2030 (Units)
Table 7 Passenger Transportation: Robo-Taxi Market, By Region 2018–2030 (Units)
Table 8 Robo-Taxi Market, By Service Type, 2018–2030 (Units)
Table 9 Car Rental: Robo-Taxi Market, By Region, 2018–2030 (Units)
Table 10 Station-Based: Robo-Taxi Market, By Region 2018–2030 (Units)
Table 11 Robo-Taxi Market, By Level of Autonomy, 2018–2030 (Units)
Table 12 Level 4: Robo-Taxi Market, By Region, 2018–2030 (Units)
Table 13 Level 5: Rolling Stock Management Market, By Region 2018–2030 (Units)
Table 14 Robo-Taxi Market, By Propulsion, 2018–2030 (Units)
Table 15 Electric: Robo-Taxi Market, By Region, 2018–2030 (Units)
Table 16 Fuel Cell: Robo-Taxi Market, By Region 2018–2030 (Units)
Table 17 Hybrid: Robo-Taxi Market, By Region 2018–2030 (Units)
Table 18 Robo-Taxi Market, By Vehicle, 2018–2030 (Units)
Table 19 Car: Robo-Taxi Market, By Region, 2018–2030 (Units)
Table 20 Vans/Shuttle: Robo-Taxi Market, By Region 2018–2030 (Units)
Table 21 Robo-Taxi Market, By Region, 2018–2030 (Units)
Table 22 Asia Pacific: Robo-Taxi Market, By Country, 2018–2030 (Units)
Table 23 China: Robo-Taxi Market, By Vehicle Type, 2018–2030 (Units)
Table 24 India: Robo-Taxi Market, By Vehicle Type, 2018–2030 (Units)
Table 25 Japan: Robo-Taxi Market, By Vehicle Type, 2018–2030 (Units)
Table 26 South Korea: Robo-Taxi Market, By Vehicle Type, 2018–2030 (Units)
Table 27 Singapore: Robo-Taxi Market, By Vehicle Type, 2018–2030 (Units)
Table 28 Europe: Robo-Taxi Market, By Country, 2018–2030 (Units)
Table 29 France: Robo-Taxi Market, By Vehicle Type, 2018–2030 (Units)
Table 30 Germany: Robo-Taxi Market, By Vehicle Type, 2018–2030 (Units)
Table 31 Norway: Robo-Taxi Market, By Vehicle Type, 2018–2030 (Units)
Table 32 Spain: Robo-Taxi Market, By Vehicle Type, 2018–2030 (Units)
Table 33 Sweden: Robo-Taxi Market, By Vehicle Type, 2018–2030 (Units)
Table 34 Netherlands: Robo-Taxi Market, By Vehicle Type, 2018–2030 (Units)
Table 35 UK: Robo-Taxi Market, By Vehicle Type, 2018–2030 (Units)
Table 36 North America: Robo-Taxi Market, By Country, 2018–2030 (Units)
Table 37 Canada: Robo-Taxi Market, By Vehicle Type, 2018–2030 (Units)
Table 38 Mexico: Robo-Taxi Market, By Vehicle Type, 2018–2030 (Units)
Table 39 US: Robo-Taxi Market, By Vehicle Type, 2018–2030 (Units)
Table 40 RoW: Robo-Taxi Market, By Vehicle Type, 2018–2030 (Units)
Table 41 Russia: Robo-Taxi Market, By Vehicle Type, 2018–2030 (Units)
Table 42 UAE: Robo-Taxi Market, By Vehicle Type, 2018–2030 (Units)
Table 43 New Product Developments, 2016–2019
Table 44 Collaborations/Joint Ventures/Supply Contracts/Partnerships/ Agreements, 2016–2018

List of Figures

Figure 1 Robo-Taxi Market Segmentation
Figure 2 Robo-Taxi Market: Research Design
Figure 3 Research Methodology Model
Figure 4 Breakdown of Primary Interviews
Figure 5 Market Size Estimation Methodology for the Robo-Taxi Market: Bottom-Up Approach
Figure 6 Data Triangulation
Figure 7 Robo-Taxi Market: Market Dynamics
Figure 8 Robo-Taxi Market, By Region, 2020–2030 (Market Share)
Figure 9 Car is Expected to Hold the Largest Share in the Robo-Taxi Market in 2020
Figure 10 Growth of Ride-Hailing Service and Increasing Focus on Road Safety Will Boost the Robo-Taxi Market
Figure 11 Robo-Taxi Market Share, By Region, 2020
Figure 12 Car is Expected to Account for the Largest Share of the Robo-Taxi Market in 2020
Figure 13 Car Segment to Hold the Largest Market Share, 2020 vs. 2030 (Units)
Figure 14 Car Rental Segment to Hold the Largest Market Share, 2020 vs. 2030 (Units)
Figure 15 Passenger Transportation Segment to Play A Major Role in the Robo-Taxi Market (2020–2030)
Figure 16 Level 4 Autonomy to Play A Major Role in the Robo-Taxi Market (2020–2030)
Figure 17 Electric Segment to Play A Major Role in the Robo-Taxi Market (2020–2030)
Figure 18 Robo-Taxi Market: Market Dynamics
Figure 19 Five Eras of Safety
Figure 20 Society of Automotive Engineers Automation Levels
Figure 21 Robo-Taxi Market– Future Trends & Scenario, 2018–2030 (Units)
Figure 22 Iot Devcies in Autonomous Vehicles
Figure 23 Sensors and their Importance in Autonomous Vehicles
Figure 24 Connected Vehicle for Autonomous Driving
Figure 25 Applications of Ai in Automotive Industry
Figure 26 Data From an Autonomous Vehicle
Figure 27 Enacted Legislation and Executive Order in the Us
Figure 28 Autonomous Vehicle Testing Area in China
Figure 29 Autonomous Vehicle Testing Area in Germany
Figure 30 Autonomous Vehicle Testing Area in Singapore
Figure 31 Robo-Taxi Market: By Level of Autonomy, 2020 vs. 2030 (Units)
Figure 32 Robo-Taxi Market, By Service Type, 2020 vs. 2030 (Units)
Figure 33 Robo-Taxi Market, By Level of Autonomy, 2020 vs. 2030 (Units)
Figure 34 Robo-Taxi Market, By Propulsion, 2020 vs. 2030 (Units)
Figure 35 Robo-Taxi Market, By Vehicle, 2020 vs. 2030 (Units)
Figure 36 Robo-Taxi Market, By Region, 2020 vs. 2030
Figure 37 Asia Pacific: Robo-Taxi Market Snapshot
Figure 38 Europe: Robo-Taxi Market Snapshot
Figure 39 Key Developments By Leading Players in the Market, 2016–2019
Figure 40 Robo-Taxi Market (Global): Competitive Leadership Mapping for Oems, 2019
Figure 41 Robo-Taxi Market (Global): Competitive Leadership Mapping for Tier 1 Companies, 2019
Figure 42 Waymo (Google): Company Snapshot
Figure 43 General Motors: Company Snapshot
Figure 44 Tesla: Company Snapshot
Figure 45 Tesla: SWOT Analysis
Figure 46 Nissan: Comapany Snapshot
Figure 47 Nissan: SWOT Analysis
Figure 48 Lyft: Company Snapshot
Figure 49 Diamler AG: Company Snapshot
Figure 50 Ford: Company Snapshot
Figure 51 Ford: SWOT Analysis
Figure 52 Aptiv: Company Snapshot
Figure 53 NAVYA Group: Company Snapshot
Figure 54 Volkswagen: Company Snapshot
Figure 55 Volkswagen: SWOT Analysis
Figure 56 Volvo Cars: Company Snapshot
Figure 57 Volvo: SWOT Analysis

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