Robo-Taxi Market Next Big Thing - 2026 | Daimler AG, Aptiv, Volvo Group, Google, Tesla, Uber, Lyft, Volkswagen AG, Ford Motor Company, General Motors, Toyota Motor Corporation, Bosch, Continental, DENSO, BMW Group, NVIDIA
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Few of the major competitors currently working in the robo-taxi market are Waymo LLC, Daimler AG., GM Cruise LLC., Aptiv., AB Volvo, Google, Ridecell, Inc, Tesla, Uber Technologies Inc., Volkswagen AG, Lyft, Inc., Ford Motor Company, General Motors., BMW AG, TOYOTA MOTOR CORPORATION, Robert Bosch GmbH, Continental AG, DENSO CORPORATION., NVIDIA Corporation and Mobileye among others.
Global robo-taxi market is expected to register a healthy CAGR of 113.10% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. The rise in the market can be attributed to the growing demand for autonomic, fuel efficient & emission free vehicles, and the need to eliminate road accidents improving the level of road safety.
Market Definition: Global Robo-Taxi Market
Robo-Taxi or Robo-Cab, are taxis that are self-driven, without a chauffeur. They are autonomous cars of autonomic level 4 or level 5 operated for a virtual hailing service. They are fuel efficient vehicles, which do not emit any harmful carbon gases, thereby protecting the environment. These eco-friendly automated vehicles, consume less battery, less cost, and thereby reduce the cost of operating cars.
o Eliminating drivers from taxis would reduce the overall operational cost, thereby making it cost-effective
o The need to reduce the level of accidents that arise due to manual errors to ensure safer roads a better traffic control would drive the growth of this market
o The need to reduce the level of carbon emissions from diesel operated cars and to move towards a more sustainable and eco-friendly environment stimulates the growth of this market
o The rising demand for autonomous vehicles, which consume less battery and less gass boosts the growth of robo-taxis
o The threat and tension that automation would replace the need for human chauffeurs. Thus, the resistance from chauffeurs would restrain the growth of this market
o High research and development cost would be required for the development of robo-taxis
o The rising threat from hackers restrains the growth of this market
The Global Robo-Taxi Market report covers market shares for global, Europe, North America, Asia Pacific and South America. The analysis of this report has been used to examine various segments that are relied upon to witness the quickest development based on the estimated forecast frame.
Key Developments in the Market:
o In December 2018, Waymo launched its first driverless robo taxi for commercial use. The launch of this robo-taxi marked the beginning of a new era in the field of automobiles and automation. Waymo would expand its services and operations, thereby would lead to an excellent growth in robo-taxi market globally.
o In July, 2018 Daimler AG and Bosch Corp, the largest automotive supplier have entered into a partnership to develop driverless taxis. The vehicle developed would be loaded with sensors, run by a strong and reliable energy-efficient computer, and an artificial intelligence software which would be acting as the virtual chauffeur. This partnership between the biggest players in the automobile industry, would revolutionise the entire automobile industry.
Competitive Analysis: Global Robo-Taxi Market
Global Robo-Taxi Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of smart parking market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Table Of Contents: Global Robo-Taxi Market
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers And Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
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Browse in-depth TOC on "Global Robo-Taxi Market"
220-No of Figures
Opportunities in the Global Robo-Taxi Market Report:-
1. Comprehensive quantitative analysis of the industry is provided for the period of 2020-2026 to assist stakeholders to capitalize on the prevailing market opportunities.
2. Comprehensive analysis of the factors that drive and restrict the market growth is provided in the Global Robo-Taxi Market report.
3. Extensive analysis of the key segments of the industry helps in understanding the trends in types of point of care test across regional.
4. Extensive analysis of the key segments of the industry helps in understanding the trends in types of point of care test across Global.
Key questions answered in the report:-
1. What are the challenges being faced by the new entrants?
2. Which will be the Global Robo-Taxi Market application and sorts and estimate joined intently by makers?
3. Which will be the dangers which will attack growth?
4. The length of the Global Robo-Taxi Market opportunity?
5. How Global Robo-Taxi Market share advance vacillations their value from various assembling brands?
Reasons to Purchase this Report
o Current and future of Global Robo-Taxi Market outlook in the developed and emerging markets
o The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
o Regions/Countries that are expected to witness the fastest growth rates during the forecast period
o The latest developments, market shares, and strategies that are employed by the major market players
Key benefits of buying the Global Robo-Taxi Market:
This Global Robo-Taxi Market report will enable both of the sides in market be an established firm or a relative new entrant. It helps the established firms to know about the moves which are being performed by their competitors and also helps the new entrants by educating them about the market situations and the industry trends. This Global Robo-Taxi Market report is quite fruitful in helping to understand the market definition and all the aspects of the market including the CAGR value and key profiles.
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Customization of the Report:
o All segmentation provided above in this report is represented at country level
o All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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