A Robo-Taxi, is also known as robo-cab, a self-driving taxi or a driverless taxi. It is an autonomous car operated for on-demand mobility service. The primary purpose is eliminating the need for a human chauffeur, which is a significant part of the operating costs of those type of services.
The robo-taxi market is heavily influenced by driving factors such as the race to deploy autonomous vehicles, demand for fuel-efficient and emission-free cars, need for better road safety and traffic control boosts the market growth. However, machines jeopardizing human jobs likely to reduce full acceptance, high R & D cost for implementation and cyber security threats are impacting negatively on the growth of this market in the current market scenario.
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The key players influencing the market are:
- Daimler AG
- Ford Motor Company
- GM Cruise LLC
- Lyft, Inc.
- nuTonomy
- Tesla
- Uber Technologies Inc.
- Volkswagen
- Volvo Car Corporation
- Waymo LLC
The global robo-taxi market is segmented on the basis of service type, application, component, level of autonomy, by propulsion and by vehicle. Based on service type the market is segmented as car rental and station-based.
On the basis of application the market is segmented as goods transportation and passenger transportation. On the basis of the component the market is segmented as camera, lidar,radar and ultrasonic sensors. Based on level of autonomy the market is segmented as level 4 and level 5.Based on the propulsion the market is segmented as electric, fuel cell and hybrid. Based on vehicle type the market is segmented as car and van/shuttle.
Robo-Taxi Market - Global Analysis to 2027 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/position of top 5 key vendors.
Robo-Taxi Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2027, considering 2018 as the base year and 2018 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
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Reason To read
Highlights key business priorities in order to assist companies to realign their business strategies
- Highlights Robo-Taxi Market hereby allowing organizations to gain revenues by focusing majorly on select products
- The key findings and recommendations highlight crucial progressive industry trends in the Robo-Taxi Market , thereby allowing players across the value chain to develop effective long term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
- Examine the current and future impact of the market and PEST analysis for regions such as North America, Europe, APAC, Middle-East & Africa and South America
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