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112.67% Growth Rate for Robo-Taxi Market by 2030 | Global Major Manufacturers, Production and Sales Market Comparison

08-14-2020 01:09 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsandReports

112.67% Growth Rate for Robo-Taxi Market by 2030 | Global Major

According to Market Study Report, Robo-Taxi Market provides a comprehensive analysis of the Robo-Taxi Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry.

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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%. This report spread across 135 Pages, Profiling 13 Companies and Supported with 44 Tables and 57 figures are now available in this research.

Top Key Players Profiled in the Robo-Taxi Market:
• Waymo LLC (US)
• Aptiv (Ireland)
• GM Cruise (US)
• Ridecell Inc (US)
• Uber Technologies Inc. (US)
• NAVYA (France)
• EasyMile (France)

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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.

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.

Breakdown of primary participants’ profile:
• 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%

Competitive Landscape of Robo-Taxi Market:
1 Overview
2 Market Ranking Analysis
3 Competitive Scenario
3.1 New Product Developments
3.2 Collaborations/Joint Ventures/Supply Contracts/Partnerships/Agreements
3.3 Expansions, 2017–2019
4 Competitive Leadership Mapping
4.1 Visionary Leaders
4.2 Innovators

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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.

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