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The Global Robotaxi Set to Create an Annual $7.55 Billion Revenue Opportunity by 2025

09-23-2020 03:56 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: BIS Research

The Global Robotaxi Set to Create an Annual $7.55 Billion Revenue

According to a premium market intelligence report by BIS Research based on the DEEP TECH- M.A.P. TM titled “Global Robotaxi Market – Analysis & Forecast, 2019-2025”, the global robotaxi market is expected to create an annual revenue opportunity of $7.55 billion by 2025. The increasing need for enhanced road safety and traffic control, numerous initiatives from the government, and low lifetime cost of service ownership compared to private vehicle ownership are expected to bolster the growth of the global robotaxi market.

View BIS Report : https://bisresearch.com/industry-report/robotaxi-market.html

According to Ajeya Saxena, Lead Analyst at BIS Research, “The global robotaxi market reflected excellent demand expansion from the passenger segment, with a growth rate of more than 169.09%, in terms of volume. There are several global robotaxi pilots and testing undergoing, worldwide, in the current scenario. The car-based robotaxi market is expected to be in high demand, owing to the ease of availability of cars over shuttles. In the current scenario, numerous automotive manufacturers are partnering with autonomous technology providers, in order to provide these companies with vehicles. For instance, in June 2018, Fiat Chrysler Automobiles partnered with Waymo to supply more than 60,000 vehicles to Waymo’s robotaxi fleet.”

The strategic document with well-arranged critical insights would help decision-makers answer the key questions around the market. Request Sample Pages: https://bisresearch.com/requestsample?id=956&type=download

This report is a diligent compilation of research on more than 30 players in the global robotaxi market. It draws upon the insights from in-depth interviews with the key opinion leaders of more than 50 leading companies, market experts, and vendors. The report also profiles 15 key ecosystem participants in the global robotaxi market. The companies profiled in the study are Argo AI, LLC, AutoX, Cruise LLC, Daimler AG, DiDi Chuxing, Easymile, Fiat Chrysler Automobiles, Local Motors, May Mobility, Navya, Ridecell Inc., Uber, Voyage Auto, Inc., Waymo, and Zoox.

Key Questions Answered in the Report:
• What are the key drivers and challenges in the robotaxi market?
• What will be potential impact of COVID-19 on the market?
• Which product segment is estimated to witness the maximum demand growth in the global robotaxi market during 2019-2025?
• Which key application areas may robotaxis experience high demand during the forecast period, 2020-2025?
• Which companies are the frontrunners in the robotaxi market?
• What are the business and corporate strategies being adopted by the service providers in the global robotaxi market?
• Which regions and countries are leading in the robotaxi adoption, and which of them are estimated to witness high demand growth from 2019 to 2025?
• What are the key consumer attributes in various regions for the robotaxi market?

Related Reports:

https://bisresearch.com/industry-report/acoustic-and-thermal-insulation-market-electric-vehicles.html

https://bisresearch.com/industry-report/electric-vehicle-fast-charging-system-market.html

Contact:
Bhavya Banga
Email: media@bisresearch.com

BIS Research Inc.
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FREMONT CA 94538-1686
Visit our Blog @ https://blog.bisresearch.com/
Connect with us on LinkedIn @ https://www.linkedin.com/company/bis-research
Connect with us on Twitter@ https://twitter.com/BISResearch

About BIS Research:

BIS Research (Business Intelligence and Strategy Research) is a global B2B market intelligence and advisory firm focusing on those emerging technological trends which are likely to disrupt the dynamics of the market.
With over 150 market research reports published annually, BIS Research focuses on high technology verticals such as 3D Printing, Advanced Materials and Chemicals, Aerospace and Defense, Automotive, Healthcare, Electronics and Semiconductors, Robotics and UAV, and other emerging technologies.
Our in-depth market intelligence reports focus on the market estimations, technology analysis, emerging high-growth applications, deeply segmented granular country-level market data, and other important market parameters useful in the strategic decision-making for senior management.
What distinguishes BIS Research from the rest of the players is that we not only provide data but also complement it with valuable insights and actionable inputs for the success of our clients.

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