Robotaxi Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2027

The global robo-taxi market was valued at USD 399.3 million in 2019 and is expected to reach USD 29.08 billion by 2027, growing at a CAGR of 61% from 2021 to 2027. The growing demand for vehicle services has led to the growth of the market. Autonomous vehicles will also help optimize costs for vehicle operators. New business models such as mobility as a service will provide another sustainable and profitable revenue stream in the future.

Robotaxi Market – Segmentation

Based on Application Type:

• Goods Transportation
• Passenger Transportation
• Based on Level of Autonomy:
• Level 4
• Level 5

Based on Vehicle Type:

• Car
• Shuttle/Van

Based on Propulsion:

• Electric
• Hybrid
• Fuel Cell

Based on Service Type:

• Car Rental
• Station Based

Based on Component Type:

• Camera
• Radar
• LiDAR
• Ultrasonic Sensors

Key Market Players

The global The robotaxi market is dominated by global players such as Waymo (US), Cruise LLC (US), Baidu (China), AutoX (China), and Tesla (US). These companies develop new products, adopt expansion strategies, and undertake collaborations, partnerships, and mergers & acquisitions to gain traction in the high-growth robotaxi market.

Geographic Coverage

• North America Market Size and/or Volume
• Latin America Market Size and/or Volume
• Europe Market Size and/or Volume
• Asia-Pacific Market Size and/or Volume
• Rest of the world Market Size and/or Volume

Recent Developments

• Market Overview and growth analysis
• Import and Export Overview
• Volume Analysis
• Current Market Trends and Future Outlook
• Market Opportunistic and Attractive Investment Segment

Key Questions Answered by Robotaxi Market Report

• What was the Robotaxi Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Robotaxi Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Robotaxi Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.