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PUBLISHER: IMARC Services Private Limited | PRODUCT CODE: 1169907
PUBLISHER: IMARC Services Private Limited | PRODUCT CODE: 1169907
Robo Taxi Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
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The global robo taxi market size reached US$ 390 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 6,930 Million by 2027, exhibiting a growth rate (CAGR) of 61.2% during 2022-2027.
Robo taxi, or robo cab, refers to a self-driving autonomous vehicle, which is operated by on-demand mobility or e-taxi service providers. It requires minimal or no human intervention for driving and the passengers can request for the taxi through a smartphone application. It operates through Mobility-as-a-Service (MaaS) platforms and offers a safe, convenient and cost-effective mode of transportation. Robo taxis are equipped with cameras, radio detection and ranging (RADAR) and light detection and ranging (LiDAR) systems and smart ultrasonic sensors to operate smoothly, prevent collisions, reduce fatalities and facilitate vehicle management. They usually have electric, hybrid and fuel cell propulsion systems and can be used for the transportation of both passengers and material goods.
Robo Taxi Market Trends:
- Significant growth in the automotive industry across the globe is one of the key factors creating a positive outlook for the market. Moreover, the increasing demand for self-driving and autonomous vehicles is providing a thrust to the market growth. The rising levels of traffic and greenhouse gas emissions are also impacting the demand for robo taxis. Robo taxis operate through electric and fuel cell-based technologies, which are highly fuel-efficient and emission-free. They are also equipped with advanced technologies to detect objects or obstacles in the way and sense the speed of nearby vehicles to ensure road safety and prevent accidents. Additionally, the implementation of favorable government policies promoting the development of smart cities and sustainable infrastructural expansion, especially in the developing economies, is contributing to the market growth. Other factors, including shifting consumer preference from vehicle ownership to shared mobility solutions, along with extensive research and development (R&D) activities, are anticipated to drive the market toward growth.
Key Market Segmentation:
- IMARC Group provides an analysis of the key trends in each sub-segment of the global robo taxi market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on application, level of autonomy, vehicle, service and propulsion.
Breakup by Application:
- Goods
- Passenger
Breakup by Level of Autonomy:
- Level 4
- Level 5
Breakup by Vehicle:
- Car
- Shuttle/Van
Breakup by Service:
- Rental
- Station-based
Breakup by Propulsion:
- Electric
- Hybrid
- Fuel Cell
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
- The competitive landscape of the industry has also been examined along with the profiles of the key players being Aptiv plc, Continental AG, Daimler AG, Ford Motor Company, NAVYA, NVIDIA Corporation, Ridecell Inc and Waymo LLC (Alphabet Inc.).
- Key Questions Answered in This Report
- 1. What was the size of the global robo taxi market in 2021?
- 2. What are the key factors driving the global robo taxi market?
- 3. What has been the impact of COVID-19 on the global robo taxi market?
- 4. What is the breakup of the global robo taxi market based on the application?
- 5. What is the breakup of the global robo taxi market based on the level of autonomy?
- 6. What is the breakup of the global robo taxi market based on the vehicle?
- 7. What is the breakup of the global robo taxi market based on the service?
- 8. What is the breakup of the global robo taxi market based on the propulsion?
- 9. What are the key regions in the global robo taxi market?
- 10. Who are the key players/companies in the global robo taxi market?
Product Code: SR1222A0356_Report
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Robo Taxi Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Application
- 6.1 Goods
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Passenger
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Level of Autonomy
- 7.1 Level 4
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Level 5
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Vehicle
- 8.1 Car
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Shuttle/Van
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Service
- 9.1 Rental
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Station-based
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
10 Market Breakup by Propulsion
- 10.1 Electric
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 Hybrid
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
- 10.3 Fuel Cell
- 10.3.1 Market Trends
- 10.3.2 Market Forecast
11 Market Breakup by Region
- 11.1 North America
- 11.1.1 United States
- 11.1.1.1 Market Trends
- 11.1.1.2 Market Forecast
- 11.1.2 Canada
- 11.1.2.1 Market Trends
- 11.1.2.2 Market Forecast
- 11.1.1 United States
- 11.2 Asia-Pacific
- 11.2.1 China
- 11.2.1.1 Market Trends
- 11.2.1.2 Market Forecast
- 11.2.2 Japan
- 11.2.2.1 Market Trends
- 11.2.2.2 Market Forecast
- 11.2.3 India
- 11.2.3.1 Market Trends
- 11.2.3.2 Market Forecast
- 11.2.4 South Korea
- 11.2.4.1 Market Trends
- 11.2.4.2 Market Forecast
- 11.2.5 Australia
- 11.2.5.1 Market Trends
- 11.2.5.2 Market Forecast
- 11.2.6 Indonesia
- 11.2.6.1 Market Trends
- 11.2.6.2 Market Forecast
- 11.2.7 Others
- 11.2.7.1 Market Trends
- 11.2.7.2 Market Forecast
- 11.2.1 China
- 11.3 Europe
- 11.3.1 Germany
- 11.3.1.1 Market Trends
- 11.3.1.2 Market Forecast
- 11.3.2 France
- 11.3.2.1 Market Trends
- 11.3.2.2 Market Forecast
- 11.3.3 United Kingdom
- 11.3.3.1 Market Trends
- 11.3.3.2 Market Forecast
- 11.3.4 Italy
- 11.3.4.1 Market Trends
- 11.3.4.2 Market Forecast
- 11.3.5 Spain
- 11.3.5.1 Market Trends
- 11.3.5.2 Market Forecast
- 11.3.6 Russia
- 11.3.6.1 Market Trends
- 11.3.6.2 Market Forecast
- 11.3.7 Others
- 11.3.7.1 Market Trends
- 11.3.7.2 Market Forecast
- 11.3.1 Germany
- 11.4 Latin America
- 11.4.1 Brazil
- 11.4.1.1 Market Trends
- 11.4.1.2 Market Forecast
- 11.4.2 Mexico
- 11.4.2.1 Market Trends
- 11.4.2.2 Market Forecast
- 11.4.3 Others
- 11.4.3.1 Market Trends
- 11.4.3.2 Market Forecast
- 11.4.1 Brazil
- 11.5 Middle East and Africa
- 11.5.1 Market Trends
- 11.5.2 Market Breakup by Country
- 11.5.3 Market Forecast
12 SWOT Analysis
- 12.1 Overview
- 12.2 Strengths
- 12.3 Weaknesses
- 12.4 Opportunities
- 12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
- 14.1 Overview
- 14.2 Bargaining Power of Buyers
- 14.3 Bargaining Power of Suppliers
- 14.4 Degree of Competition
- 14.5 Threat of New Entrants
- 14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
- 16.1 Market Structure
- 16.2 Key Players
- 16.3 Profiles of Key Players
- 16.3.1 Aptiv plc
- 16.3.1.1 Company Overview
- 16.3.1.2 Product Portfolio
- 16.3.1.3 Financials
- 16.3.1.4 SWOT Analysis
- 16.3.2 Continental AG
- 16.3.2.1 Company Overview
- 16.3.2.2 Product Portfolio
- 16.3.2.3 Financials
- 16.3.2.4 SWOT Analysis
- 16.3.3 Daimler AG
- 16.3.3.1 Company Overview
- 16.3.3.2 Product Portfolio
- 16.3.3.3 Financials
- 16.3.3.4 SWOT Analysis
- 16.3.4 Ford Motor Company
- 16.3.4.1 Company Overview
- 16.3.4.2 Product Portfolio
- 16.3.4.3 Financials
- 16.3.4.4 SWOT Analysis
- 16.3.5 NAVYA
- 16.3.5.1 Company Overview
- 16.3.5.2 Product Portfolio
- 16.3.5.3 Financials
- 16.3.6 NVIDIA Corporation
- 16.3.6.1 Company Overview
- 16.3.6.2 Product Portfolio
- 16.3.6.3 Financials
- 16.3.6.4 SWOT Analysis
- 16.3.7 Ridecell Inc
- 16.3.7.1 Company Overview
- 16.3.7.2 Product Portfolio
- 16.3.8 Waymo LLC (Alphabet Inc.)
- 16.3.8.1 Company Overview
- 16.3.8.2 Product Portfolio
- 16.3.1 Aptiv plc
Product Code: SR1222A0356_Report
List of Figures
- Figure 1: Global: Robo Taxi Market: Major Drivers and Challenges
- Figure 2: Global: Robo Taxi Market: Sales Value (in Million US$), 2016-2021
- Figure 3: Global: Robo Taxi Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 4: Global: Robo Taxi Market: Breakup by Application (in %), 2021
- Figure 5: Global: Robo Taxi Market: Breakup by Level of Autonomy (in %), 2021
- Figure 6: Global: Robo Taxi Market: Breakup by Vehicle (in %), 2021
- Figure 7: Global: Robo Taxi Market: Breakup by Service (in %), 2021
- Figure 8: Global: Robo Taxi Market: Breakup by Propulsion (in %), 2021
- Figure 9: Global: Robo Taxi Market: Breakup by Region (in %), 2021
- Figure 10: Global: Robo Taxi (Goods) Market: Sales Value (in Million US$), 2016 & 2021
- Figure 11: Global: Robo Taxi (Goods) Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 12: Global: Robo Taxi (Passenger) Market: Sales Value (in Million US$), 2016 & 2021
- Figure 13: Global: Robo Taxi (Passenger) Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 14: Global: Robo Taxi (Level 4) Market: Sales Value (in Million US$), 2016 & 2021
- Figure 15: Global: Robo Taxi (Level 4) Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 16: Global: Robo Taxi (Level 5) Market: Sales Value (in Million US$), 2016 & 2021
- Figure 17: Global: Robo Taxi (Level 5) Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 18: Global: Robo Taxi (Car) Market: Sales Value (in Million US$), 2016 & 2021
- Figure 19: Global: Robo Taxi (Car) Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 20: Global: Robo Taxi (Shuttle/Van) Market: Sales Value (in Million US$), 2016 & 2021
- Figure 21: Global: Robo Taxi (Shuttle/Van) Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 22: Global: Robo Taxi (Rental) Market: Sales Value (in Million US$), 2016 & 2021
- Figure 23: Global: Robo Taxi (Rental) Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 24: Global: Robo Taxi (Station-based) Market: Sales Value (in Million US$), 2016 & 2021
- Figure 25: Global: Robo Taxi (Station-based) Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 26: Global: Robo Taxi (Electric) Market: Sales Value (in Million US$), 2016 & 2021
- Figure 27: Global: Robo Taxi (Electric) Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 28: Global: Robo Taxi (Hybrid) Market: Sales Value (in Million US$), 2016 & 2021
- Figure 29: Global: Robo Taxi (Hybrid) Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 30: Global: Robo Taxi (Fuel Cell) Market: Sales Value (in Million US$), 2016 & 2021
- Figure 31: Global: Robo Taxi (Fuel Cell) Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 32: North America: Robo Taxi Market: Sales Value (in Million US$), 2016 & 2021
- Figure 33: North America: Robo Taxi Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 34: United States: Robo Taxi Market: Sales Value (in Million US$), 2016 & 2021
- Figure 35: United States: Robo Taxi Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 36: Canada: Robo Taxi Market: Sales Value (in Million US$), 2016 & 2021
- Figure 37: Canada: Robo Taxi Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 38: Asia-Pacific: Robo Taxi Market: Sales Value (in Million US$), 2016 & 2021
- Figure 39: Asia-Pacific: Robo Taxi Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 40: China: Robo Taxi Market: Sales Value (in Million US$), 2016 & 2021
- Figure 41: China: Robo Taxi Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 42: Japan: Robo Taxi Market: Sales Value (in Million US$), 2016 & 2021
- Figure 43: Japan: Robo Taxi Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 44: India: Robo Taxi Market: Sales Value (in Million US$), 2016 & 2021
- Figure 45: India: Robo Taxi Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 46: South Korea: Robo Taxi Market: Sales Value (in Million US$), 2016 & 2021
- Figure 47: South Korea: Robo Taxi Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 48: Australia: Robo Taxi Market: Sales Value (in Million US$), 2016 & 2021
- Figure 49: Australia: Robo Taxi Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 50: Indonesia: Robo Taxi Market: Sales Value (in Million US$), 2016 & 2021
- Figure 51: Indonesia: Robo Taxi Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 52: Others: Robo Taxi Market: Sales Value (in Million US$), 2016 & 2021
- Figure 53: Others: Robo Taxi Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 54: Europe: Robo Taxi Market: Sales Value (in Million US$), 2016 & 2021
- Figure 55: Europe: Robo Taxi Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 56: Germany: Robo Taxi Market: Sales Value (in Million US$), 2016 & 2021
- Figure 57: Germany: Robo Taxi Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 58: France: Robo Taxi Market: Sales Value (in Million US$), 2016 & 2021
- Figure 59: France: Robo Taxi Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 60: United Kingdom: Robo Taxi Market: Sales Value (in Million US$), 2016 & 2021
- Figure 61: United Kingdom: Robo Taxi Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 62: Italy: Robo Taxi Market: Sales Value (in Million US$), 2016 & 2021
- Figure 63: Italy: Robo Taxi Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 64: Spain: Robo Taxi Market: Sales Value (in Million US$), 2016 & 2021
- Figure 65: Spain: Robo Taxi Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 66: Russia: Robo Taxi Market: Sales Value (in Million US$), 2016 & 2021
- Figure 67: Russia: Robo Taxi Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 68: Others: Robo Taxi Market: Sales Value (in Million US$), 2016 & 2021
- Figure 69: Others: Robo Taxi Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 70: Latin America: Robo Taxi Market: Sales Value (in Million US$), 2016 & 2021
- Figure 71: Latin America: Robo Taxi Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 72: Brazil: Robo Taxi Market: Sales Value (in Million US$), 2016 & 2021
- Figure 73: Brazil: Robo Taxi Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 74: Mexico: Robo Taxi Market: Sales Value (in Million US$), 2016 & 2021
- Figure 75: Mexico: Robo Taxi Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 76: Others: Robo Taxi Market: Sales Value (in Million US$), 2016 & 2021
- Figure 77: Others: Robo Taxi Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 78: Middle East and Africa: Robo Taxi Market: Sales Value (in Million US$), 2016 & 2021
- Figure 79: Middle East and Africa: Robo Taxi Market: Breakup by Country (in %), 2021
- Figure 80: Middle East and Africa: Robo Taxi Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 81: Global: Robo Taxi Industry: SWOT Analysis
- Figure 82: Global: Robo Taxi Industry: Value Chain Analysis
- Figure 83: Global: Robo Taxi Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Robo Taxi Market: Key Industry Highlights, 2021 and 2027
- Table 2: Global: Robo Taxi Market Forecast: Breakup by Application (in Million US$), 2022-2027
- Table 3: Global: Robo Taxi Market Forecast: Breakup by Level of Autonomy (in Million US$), 2022-2027
- Table 4: Global: Robo Taxi Market Forecast: Breakup by Vehicle (in Million US$), 2022-2027
- Table 5: Global: Robo Taxi Market Forecast: Breakup by Service (in Million US$), 2022-2027
- Table 6: Global: Robo Taxi Market Forecast: Breakup by Propulsion (in Million US$), 2022-2027
- Table 7: Global: Robo Taxi Market Forecast: Breakup by Region (in Million US$), 2022-2027
- Table 8: Global: Robo Taxi Market: Competitive Structure
- Table 9: Global: Robo Taxi Market: Key Players
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